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
Competing during Transformation: How Private Equity firms are Utilizing Market Research in Energy Sector
Energy sector investments are transforming rapidly, and there is fierce competition within the private equity sector to find the opportunities with...
APAC Distribution Transformers Market – Key Figures 2019
Distribution Transformers market is highly competitive with local players within countries winning a majority of the business, especially with the...
Foreign electrical equipment suppliers in hot water as USA issues an executive order
The power sector in the United States, just like every other industry, has been deeply affected by COVID-19. Last month, the Energy...



