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Smart Transformers - Global Strategic Business Report

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    Report

  • 143 Pages
  • February 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3440896
The global market for Smart Transformers was valued at US$3.2 Billion in 2024 and is projected to reach US$6.3 Billion by 2030, growing at a CAGR of 12% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Global Smart Transformers Market - Key Trends and Drivers Summarized

The energy sector is undergoing a significant transformation with the integration of advanced technologies and a growing adoption of renewable energy sources. Central to these developments are smart transformers, which have become increasingly critical in managing the complexities of modern electric distribution grids. These devices exceed the capabilities of traditional transformers by offering enhanced management features and greater efficiency. Equipped with solid-state technologies, smart transformers can independently regulate voltage and maintain optimal voltage levels, ensuring a stable and optimized power supply across the grid. They are particularly effective in large commercial facilities, where their ability to use energy more cost-effectively is crucial. Additionally, their capability to communicate continuously with the smart grid allows for remote administration and real-time feedback, making them proactive agents in voltage regulation and energy consumption minimization.

In specific setups like microgrids, smart transformers play an essential protective role at the Point of Common Coupling (PCC), managing the active power exchanged with the utility grid to safeguard electrical equipment from power fluctuations. This feature is vital during unstable grid conditions, helping maintain stability and protect sensitive equipment. The widespread use of smart transformers in rural network applications is also notable, as they enhance connectivity and data sharing across vast distances through power line communication systems. These systems are instrumental in managing distributed energy resources and integrating renewable sources into the grid effectively. Moreover, the design and integration of power converter cells within smart transformers are crucial for reducing core size, isolating different voltage levels, and minimizing energy losses, thus optimizing transformer performance and efficiency.

Smart transformers significantly improve power quality by providing a unity power factor and delivering sinusoidal currents under non-linear loads, thus protecting power systems from load disturbances like harmonics, transients, and voltage sags. They are integral to reducing grid losses and enhancing the reliability of power supply by ensuring consistent energy distribution even under unbalanced load conditions. The growth of the smart transformer market is driven by several factors, including aging infrastructure needing replacement, increased integration of renewable energy necessitating grid modernization, and a growing global energy demand. Other drivers include enhanced grid security and reliability, supportive regulatory policies, economic incentives for adopting green technologies, rising consumer expectations for reliable and sustainable energy, and advancements in digital technologies like IoT, AI, and machine learning that bolster smart transformer capabilities. Furthermore, the need for improved power quality, demand response management, rapid urbanization, and the necessity for interoperability among diverse energy systems are also significant factors promoting the adoption and development of smart transformers. These elements collectively underscore the essential role of smart transformers in the evolving landscape of global energy distribution, highlighting their importance in meeting current and future energy challenges efficiently and sustainably.

Report Scope

The report analyzes the Smart Transformers market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below.

Segments

Type (Distribution Transformers, Power Transformers, Specialty Transformers, Instrument Transformers); Application (Smart Grid, Traction Locomotive, Electric Vehicle Infrastructure, Other Applications).

Geographic Regions/Countries

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Distribution Transformers segment, which is expected to reach US$2.9 Billion by 2030 with a CAGR of a 12.8%. The Power Transformers segment is also set to grow at 12% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, valued at $861.8 Million in 2024, and China, forecasted to grow at an impressive 10.9% CAGR to reach $950.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Smart Transformers Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Smart Transformers Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Smart Transformers Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as ABB Ltd., Bharat Heavy Electricals Ltd., Eaton Corporation PLC, General Electric Company, Schneider Electric SA and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 73 companies featured in this Smart Transformers market report include:

  • ABB Ltd.
  • Bharat Heavy Electricals Ltd.
  • Eaton Corporation PLC
  • General Electric Company
  • Schneider Electric SA
  • Siemens AG

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Smart Transformers - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
  • Global Economic Update
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Energy Efficiency Strengthens Business Case for Smart Transformers
  • Growing Awareness of the Benefits of Smart Transformers Drives Adoption Across Various Sectors
  • Advances in Transformer Technology Propel Growth of Smart Transformers Market
  • Increasing Adoption of Smart Grids Expands Addressable Market Opportunity for Smart Transformers
  • Growth in Renewable Energy Integration Generates Demand for Advanced Smart Transformers
  • Innovations in IoT and AI-Enabled Transformers Spurs Market Growth for Smart Transformers
  • Focus on Grid Stability and Reliability Throws the Spotlight on Smart Transformer Solutions
  • Rising Investment in Modernizing Electrical Infrastructure Generates Opportunities for Smart Transformer Innovation
  • Technological Developments in Solid-State Transformers Propel Market Expansion for Smart Transformers
  • Emphasis on Reducing Transmission and Distribution Losses Drives Adoption of Efficient Smart Transformers
  • Growth in Electric Vehicle Infrastructure Drives Use of Smart Transformers in Charging Stations
  • Focus on Enhancing Power Quality and Reliability Throws the Spotlight on Intelligent Transformer Solutions
  • Increasing Use of Smart Transformers in Data Centers Accelerates Demand for Reliable Power Solutions
  • Government Initiatives and Funding for Smart Grid Development Strengthens Business Case for Smart Transformers
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 2024 through 2030 and % CAGR
  • Table 2: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 4: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 6: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 8: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 10: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 12: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 14: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 16: World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 18: World 6-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 2025 & 2030
  • Table 19: World Smart Transformers Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (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 2024 through 2030 and % CAGR
  • Table 21: USA 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 23: USA 6-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 2025 & 2030
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 2024 through 2030 and % CAGR
  • Table 25: Canada 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 27: Canada 6-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 2025 & 2030
JAPAN
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (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 2024 through 2030 and % CAGR
  • Table 29: Japan 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 31: Japan 6-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 2025 & 2030
CHINA
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (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 2024 through 2030 and % CAGR
  • Table 33: China 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 35: China 6-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 2025 & 2030
EUROPE
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (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 2024 through 2030 and % CAGR
  • Table 37: Europe 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 39: Europe 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 41: Europe 6-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 2025 & 2030
FRANCE
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (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 2024 through 2030 and % CAGR
  • Table 43: France 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 45: France 6-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 2025 & 2030
GERMANY
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (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 2024 through 2030 and % CAGR
  • Table 47: Germany 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 49: Germany 6-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 2025 & 2030
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 2024 through 2030 and % CAGR
  • Table 51: Italy 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 53: Italy 6-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 2025 & 2030
UNITED KINGDOM
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (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 2024 through 2030 and % CAGR
  • Table 55: UK 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 57: UK 6-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 2025 & 2030
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 2024 through 2030 and % CAGR
  • Table 59: Rest of Europe 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 61: Rest of Europe 6-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 2025 & 2030
ASIA-PACIFIC
  • Smart Transformers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (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 2024 through 2030 and % CAGR
  • Table 63: Asia-Pacific 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 65: Asia-Pacific 6-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 2025 & 2030
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 2024 through 2030 and % CAGR
  • Table 67: Rest of World 6-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 2025 & 2030
  • 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 2024 through 2030 and % CAGR
  • Table 69: Rest of World 6-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 2025 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Bharat Heavy Electricals Ltd.
  • Eaton Corporation PLC
  • General Electric Company
  • Schneider Electric SA
  • Siemens AG

Table Information