Most of the installed transformers worldwide consist of conventional transformers, but the global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy. Smart transformers provide many advantages, including remote monitoring, improved efficiency, and improved functionality. In the future, a range of initiatives are expected to drive the market of smart transformers, especially in the advanced economies (EU member states and the US), including the EU’s regulation for power transformers, Smart Grids Task Force, Transformer Resilience, and Advanced Components (TRAC) Program, and Grip Smart Program.
Distribution Transformers Service Overview
The research presented in this article is from PTR's Distribution Transformer service. For information about this service please submit a request shown below.
Contact Sales:
Europe
+49-89-12250950
Americas
+1 408-604-0522
Japan
+81-80-7808-1378
GCC/Rest of APAC
+971-58-1602441
More about our:
Distribution Transformers Market Research
Recent Insights
Climate worries pushing manufacturers away from Coal
Globally there is a growing consensus to move towards less carbon intensive power generation in a bid to tackle pollution and environmental...
Transformer Anti Dumping Policies in USA: Tariffs, Executive Orders and Market Situation
Large Power Transformers (LPT) are of critical value to both the electric power transmission and the distribution grid. (see Fig. 1) These...
Impact of Covid-19 on Power Grid Equipment
The global economy witnessed an unprecedented decline owing to COVID-19 and associated lockdowns in the year 2020. The most widespread lockdown was...