New York, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Transformers Industry" - https://www.reportlinker.com/p05818188/?utm_source=GNW
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Global Smart Transformers Market to Reach $5.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Smart Transformers estimated at US$2.6 Billion in the year 2020, is projected to reach a revised size of US$5.6 Billion by 2027, growing at a CAGR of 11.8% over the analysis period 2020-2027. Distribution Transformers, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$2.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Power Transformers segment is readjusted to a revised 11.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $755.2 Million, While China is Forecast to Grow at 11.3% CAGR
The Smart Transformers market in the U.S. is estimated at US$755.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$975.7 Million by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.4% and 10% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Specialty Transformers Segment to Record 10.6% CAGR
In the global Specialty Transformers segment, USA, Canada, Japan, China and Europe will drive the 10.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$348.2 Million in the year 2020 will reach a projected size of US$700.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$657.9 Million by the year 2027.
Select Competitors (Total 73 Featured) -
ABB Ltd.
Bharat Heavy Electricals Ltd.
Eaton Corporation PLC
General Electric Company
Schneider Electric SA
Siemens AG
Read the full report: https://www.reportlinker.com/p05818188/?utm_source=GNW
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Smart Transformers - Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for Power
Transformers by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 2: World 7-Year Perspective for Power Transformers by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 3: World Recent Past, Current & Future Analysis for
Distribution Transformers by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 4: World 7-Year Perspective for Distribution Transformers
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 5: World Recent Past, Current & Future Analysis for
Specialty Transformers by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 6: World 7-Year Perspective for Specialty Transformers by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 7: World Recent Past, Current & Future Analysis for
Instrument Transformers by Geographic Region - USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 8: World 7-Year Perspective for Instrument Transformers
by Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 9: World Recent Past, Current & Future Analysis for
Traction Locomotive by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 10: World 7-Year Perspective for Traction Locomotive by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 11: World Recent Past, Current & Future Analysis for
Smart Grid by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 12: World 7-Year Perspective for Smart Grid by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2021 & 2027
Table 13: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 14: World 7-Year Perspective for Other Applications by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2021 & 2027
Table 15: World Recent Past, Current & Future Analysis for
Smart Transformers by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2020 through 2027 and % CAGR
Table 16: World 7-Year Perspective for Smart Transformers by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2021 & 2027
Table 17: World Recent Past, Current & Future Analysis for
Electric Vehicle Infrastructure by Geographic Region - USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
Markets - Independent Analysis of Annual Sales in US$ Million
for Years 2020 through 2027 and % CAGR
Table 18: World 7-Year Perspective for Electric Vehicle
Infrastructure by Geographic Region - Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World for Years 2021 & 2027
Table 19: World Smart Transformers Market Analysis of Annual
Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United States for 2022 (E)
Table 20: USA Recent Past, Current & Future Analysis for Smart
Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 21: USA 7-Year Perspective for Smart Transformers by Type -
Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 22: USA Recent Past, Current & Future Analysis for Smart
Transformers by Application - Smart Grid, Traction Locomotive,
Electric Vehicle Infrastructure and Other Applications -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 23: USA 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
CANADA
Table 24: Canada Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 25: Canada 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 26: Canada Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 27: Canada 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
JAPAN
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Japan for 2022 (E)
Table 28: Japan Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 29: Japan 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 30: Japan Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 31: Japan 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
CHINA
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in China for 2022 (E)
Table 32: China Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 33: China 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 34: China Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 35: China 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
EUROPE
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Europe for 2022 (E)
Table 36: Europe Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 37: Europe 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 38: Europe Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 39: Europe 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
Table 40: Europe Recent Past, Current & Future Analysis for
Smart Transformers by Geographic Region - France, Germany,
Italy, UK and Rest of Europe Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2020 through 2027 and %
CAGR
Table 41: Europe 7-Year Perspective for Smart Transformers by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2021 & 2027
FRANCE
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in France for 2022 (E)
Table 42: France Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 43: France 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 44: France Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 45: France 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
GERMANY
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Germany for 2022 (E)
Table 46: Germany Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 47: Germany 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 48: Germany Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 49: Germany 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
ITALY
Table 50: Italy Recent Past, Current & Future Analysis for
Smart Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 51: Italy 7-Year Perspective for Smart Transformers by
Type - Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 52: Italy Recent Past, Current & Future Analysis for
Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 53: Italy 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
UNITED KINGDOM
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in the United Kingdom for 2022 (E)
Table 54: UK Recent Past, Current & Future Analysis for Smart
Transformers by Type - Distribution Transformers, Power
Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 55: UK 7-Year Perspective for Smart Transformers by Type -
Percentage Breakdown of Value Sales for Distribution
Transformers, Power Transformers, Specialty Transformers and
Instrument Transformers for the Years 2021 & 2027
Table 56: UK Recent Past, Current & Future Analysis for Smart
Transformers by Application - Smart Grid, Traction Locomotive,
Electric Vehicle Infrastructure and Other Applications -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 57: UK 7-Year Perspective for Smart Transformers by
Application - Percentage Breakdown of Value Sales for Smart
Grid, Traction Locomotive, Electric Vehicle Infrastructure and
Other Applications for the Years 2021 & 2027
REST OF EUROPE
Table 58: Rest of Europe Recent Past, Current & Future Analysis
for Smart Transformers by Type - Distribution Transformers,
Power Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 59: Rest of Europe 7-Year Perspective for Smart
Transformers by Type - Percentage Breakdown of Value Sales for
Distribution Transformers, Power Transformers, Specialty
Transformers and Instrument Transformers for the Years 2021 &
2027
Table 60: Rest of Europe Recent Past, Current & Future Analysis
for Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 61: Rest of Europe 7-Year Perspective for Smart
Transformers by Application - Percentage Breakdown of Value
Sales for Smart Grid, Traction Locomotive, Electric Vehicle
Infrastructure and Other Applications for the Years 2021 & 2027
ASIA-PACIFIC
Smart Transformers Market Presence - Strong/Active/Niche/
Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Table 62: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Transformers by Type - Distribution Transformers,
Power Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 63: Asia-Pacific 7-Year Perspective for Smart
Transformers by Type - Percentage Breakdown of Value Sales for
Distribution Transformers, Power Transformers, Specialty
Transformers and Instrument Transformers for the Years 2021 &
2027
Table 64: Asia-Pacific Recent Past, Current & Future Analysis
for Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 65: Asia-Pacific 7-Year Perspective for Smart
Transformers by Application - Percentage Breakdown of Value
Sales for Smart Grid, Traction Locomotive, Electric Vehicle
Infrastructure and Other Applications for the Years 2021 & 2027
REST OF WORLD
Table 66: Rest of World Recent Past, Current & Future Analysis
for Smart Transformers by Type - Distribution Transformers,
Power Transformers, Specialty Transformers and Instrument
Transformers - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 67: Rest of World 7-Year Perspective for Smart
Transformers by Type - Percentage Breakdown of Value Sales for
Distribution Transformers, Power Transformers, Specialty
Transformers and Instrument Transformers for the Years 2021 &
2027
Table 68: Rest of World Recent Past, Current & Future Analysis
for Smart Transformers by Application - Smart Grid, Traction
Locomotive, Electric Vehicle Infrastructure and Other
Applications - Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027 and % CAGR
Table 69: Rest of World 7-Year Perspective for Smart
Transformers by Application - Percentage Breakdown of Value
Sales for Smart Grid, Traction Locomotive, Electric Vehicle
Infrastructure and Other Applications for the Years 2021 & 2027
IV. COMPETITION
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