Global Smart Transformer Market Overview

Smart Transformer Market size is projected to reach USD 6.35 Billion by 2028 from an estimated USD 2.91 Billion in 2021, growing at a CAGR of 11.8% globally.

Smart transformers are dynamically managed, allowing facilities to monitor and manage transformers directly during power fluctuations, ensuring that their power supply stays voltage optimal even when new demands are made on it. Transformers are a vital component of a successful smart grid transition because they act as a hub for energy collecting and delivery. Transmission and distribution architecture that resists purposeful attacks or natural disasters are desirable aspects of the smart grid. The usage of transformers is another component that improves reliability. The usage of transformers in the electricity grid would allow the smart grid to operate more efficiently and reliably by adjusting the voltage at the end-user, hence increasing grid efficiency. For example, Hitachi ABB Power Grid, a global technology leader, announced collaboration with Nanyang Technological University, Singapore (NTU Singapore) for a government-led smart grid project as part of the Singapore Government Energy 2.0 initiative to shape and transform the grid system on March 25, 2021. The two organizations will work together to promote solid-state transforms to help power systems become more flexible and to facilitate the incorporation of renewable energy sources. As a result of the deployment of smart grid products, there is a growing demand to increase the efficiency of the transmission system.

Covid-19 Impact On Smart Transformer Market

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols range from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Smart Transformer Market has experienced a slowdown the growth, however, the market is expected to bounce back as restrictions are being lifted by governments across the globe. 

Market Dynamics And Factors For Smart Transformer Market

Drivers:

Smart Grids Will Have a Significant Impact on Market Growth

Smart grids have several benefits, including energy savings through reduced consumption, leveling peak demand, lowering balancing costs, and more, all of which are driving their development. With the use of smart transformers, smart grid transmission and distribution architecture can withstand natural disasters as well as purposeful attacks, increasing reliability. Voltage regulation at the end-user, utilizing these transformers in the electricity grid, makes smart grids more reliable and efficient. This increases grid efficiency and is expected to support the growth of the smart transformer market. Control system innovations and distributed energy mix generation have been enabled by digitalization in the power industry. Smart transformers manage the electric distribution grid by providing digital control with modern features such as cybersecurity, asset performance optimization, a digital platform to access online, cellular or ethernet option, Wi-Fi, and others. As a result, the growing use of digitalization in the power industry is expected to boost the market growth.

Restraints:

Several developing countries lack the advanced electric grid infrastructure required for Smart Transformer adoption. Furthermore, challenges such as data breaching and cybersecurity are some of the reasons limiting the Smart Transformer market's growth. The lack of testing infrastructure in developing nations, as well as the higher installation costs associated with Smart Transformers, is seen as important limitations to the Smart Transformer market's growth. The primary hurdles in the Smart Transformer market are poor government regulations and initiatives for embracing new technologies in power generation. Because Smart Transformers require more money, the lack of government efforts makes market growth more challenging. The lack of energy in many developing countries also limits the growth of the Smart Transformer industry.

Opportunities:

Due to the general constant technological advancements in the power industry related to the growing need for power, the global smart transformer market is expected to witness a lot of growth throughout the forecast period. There is also going to be a lot of expansion activity from well-known global corporations in the sector. Various contracts and agreements between large contractors and governments around the world are expected to increase mergers and acquisitions activity over the forecasted timeframe. During the forecasted period, the expanding popularity of electric vehicles and the demand for linked infrastructure would generate profitable expansion prospects for this market.

Market Segmentation

Segmentation Analysis of Smart Transformer Market:

By Type, the distribution type segment is estimated to hold the largest market position over the forecast period as it has been widely used to regulate and optimize the voltage power supply and facilitate the energy need. Distribution transformers are less efficient when compare to power transformers as they are subject to load fluctuation and the chances of failure are higher. These transformers are used in large commercial facilities to utilize and distribute energy more effectively, resulting in more efficiency, reducing the cost and power consumption, and going greener. The distribution type transformer helps reduce the cost and helps to provide feedback and information about the power supply. Power distribution sometimes results in increased load above the peak limit of the equipment. Hence, the implementation of a distribution network is essential for proper load management, resulting in better power quality and lesser power outages.

By Application, the smart grid segment is anticipated to register the maximum market for the smart transformer over the forecast period. Smart transformers are controlled dynamically allowing facilities to monitor and manage the transformers directly during the period of power fluctuations – and helping them ensure that their power supply remains voltage optimized even when new demands are being placed upon it. The power transfer between a microgrid and the utility grid is actively controlled without the need for communication to all microgrid elements. Transformers serve as a hub for the collection and distribution of energy and are a key component of a successful transition to a smart grid. Some transformers are located where grid communication is mature enough to allow or require interaction, while others are not. Transformers used in power transmission are immediate candidates for integration into smart grid technology and immediately will benefit from reliability and efficiency improvements that result from some of the new online monitoring technologies.

Regional Analysis of Smart Transformer Market:

Asia-Pacific has dominated the smart grid transformer market, and countries like China, India, and Japan are projected to maintain their dominance in the coming years. China is the world's largest market for electricity transmission and distribution (T&D), and it is also on the verge of becoming a significant user of smart grid technology, thanks to its carbon-reduction policies and dedication to green development. Furthermore, in remote areas where the cost of installing power grids is high, the government can deploy renewable energy sources for power generation and improve the electrification rate for a lower cost, boosting the market for distribution transformers in the country. Madhya Pradesh's state government plans to extend and upgrade its electrical network by introducing smart meters and smart grid technology in February 2022, thanks to a EUR 140 million loan from German bank KfW. The smart grid's modernization is expected to encompass all aspects of technology, including smart transformers. These investments are projected to help the industry grow in the next years.

The smart transformers market in North America is fueled by several factors, including rising industrialization, rising power demand, and shifting power consumption patterns among families and enterprises around the world. Due to huge increases in utility investments to update existing grid infrastructure, the United States held the greatest share in North America. The market is more relevant today because the need to address shifting power consumption patterns must be properly handled while balancing the requirement and environmental safety.

Increased investments in smart grids, an increase in industrial activity, demand for green energy, and an increase in electricity output to satisfy growing demand will all contribute to the market's growth. Moreover, throughout the projected period, the rising hybrid and electric vehicle markets would have a beneficial impact on the smart transformer market. The market is driven by the increasing need for grid strengthening and growing digitization in the power industry. Countries in Europe are concentrating their efforts on extending, refurbishing, and replacing aging grid infrastructure, which will help to enhance power quality, grid monitoring, and energy efficiency.

Saudi Arabia is likely to lead the Middle East and Africa market due to new infrastructural upgrades and large expenditures in solar energy projects. Under its Vision 2030 plan, the country expects to develop 9.5 gigawatts of renewable energy, primarily from solar power. Until present, the country has opened bidding or prequalification procedures for 11 solar power projects with a total capacity of 2.7 GW. The technology understudy is now in its infancy in the country, but the government's growing interest is projected to change that in the forecast period. As a result, rising investments in solar power, new infrastructure, and grid expansion are likely to aid the growth of the smart transformer market in the country.

Players Covered in Smart Transformer Market are:

• ABB (Switzerland)
• Schneider Electric (France)
• Siemens (Germany)
• Mitsubishi Electric Corporation (Japan)
• Eaton (Ireland)
• Alstom (France)
• GE Power (U.S.)
• Powerstar (England)
• CG Power and Industrial Solutions Limited (India)
• Ormazabal (Spain)
• SPX Transformer Solutions Inc. (U.S.)
• Triad Magnetics (U.S.) and other major players.

Key Industry Developments In Smart Transformer Market

• In January 2021, Hitachi ABB has teamed with Vietnam to develop its transformer production capabilities in the country. Hitachi ABB will be able to expand its electrical network and integrate more renewable energy as a result of this.
• In July 2020, ABB sold Hitachi 80 percent of its Power Grid business. This allows ABB to concentrate on critical market trends and client requirements in areas including electrification, automated manufacturing, digital solutions, transportation, industry, and product sustainability.
• In December 2019, SP Energy Networks, a UK energy network operator, and ERMCO, a global manufacturer of distribution transformers and other electrical distribution solutions, have announced collaboration on the LV ENGINE project, which aims to create a smarter grid with a lower carbon footprint. The goal of the research is to show how smart transformers allow for more dynamic network management and how combining existing grid infrastructure with higher adoption of low-carbon technology can assist achieve net-zero goals. Gridbridge power electronics technology from ERMCO will offer the project's smart transformer solution.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Smart Transformer Market by Type
 5.1 Smart Transformer Market Overview Snapshot and Growth Engine
 5.2 Smart Transformer Market Overview
 5.3 Power Transformers
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Power Transformers: Grographic Segmentation
 5.4 Instrument Transformers
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Instrument Transformers: Grographic Segmentation
 5.5 Distribution Transformers
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Distribution Transformers: Grographic Segmentation
 5.6 Specialty Transformers
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Specialty Transformers: Grographic Segmentation

Chapter 6: Smart Transformer Market by Application
 6.1 Smart Transformer Market Overview Snapshot and Growth Engine
 6.2 Smart Transformer Market Overview
 6.3 Electric Vehicle Charging
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Electric Vehicle Charging: Grographic Segmentation
 6.4 Smart Grid
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Smart Grid: Grographic Segmentation
 6.5 Traction Locomotive
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Traction Locomotive: Grographic Segmentation
 6.6 Other
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Other: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Smart Transformer Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Smart Transformer Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Smart Transformer Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 ABB
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 SCHNEIDER ELECTRIC
 7.4 SIEMENS
 7.5 MITSUBISHI ELECTRIC CORPORATION
 7.6 EATON
 7.7 ALSTOM
 7.8 GE POWER
 7.9 POWERSTAR
 7.10 CG POWER & INDUSTRIAL SOLUTIONS LIMITED
 7.11 ORMAZABAL
 7.12 SPX TRANSFORMER SOLUTIONS INC.
 7.13 OTHER MAJOR PLAYERS

Chapter 8: Global Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Power Transformers
  8.2.2 Instrument Transformers
  8.2.3 Distribution Transformers
  8.2.4 Specialty Transformers
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Electric Vehicle Charging
  8.3.2 Smart Grid
  8.3.3 Traction Locomotive
  8.3.4 Other

Chapter 9: North America Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Power Transformers
  9.4.2 Instrument Transformers
  9.4.3 Distribution Transformers
  9.4.4 Specialty Transformers
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Electric Vehicle Charging
  9.5.2 Smart Grid
  9.5.3 Traction Locomotive
  9.5.4 Other
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Power Transformers
  10.4.2 Instrument Transformers
  10.4.3 Distribution Transformers
  10.4.4 Specialty Transformers
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Electric Vehicle Charging
  10.5.2 Smart Grid
  10.5.3 Traction Locomotive
  10.5.4 Other
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Power Transformers
  11.4.2 Instrument Transformers
  11.4.3 Distribution Transformers
  11.4.4 Specialty Transformers
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Electric Vehicle Charging
  11.5.2 Smart Grid
  11.5.3 Traction Locomotive
  11.5.4 Other
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Power Transformers
  12.4.2 Instrument Transformers
  12.4.3 Distribution Transformers
  12.4.4 Specialty Transformers
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Electric Vehicle Charging
  12.5.2 Smart Grid
  12.5.3 Traction Locomotive
  12.5.4 Other
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Smart Transformer Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Power Transformers
  13.4.2 Instrument Transformers
  13.4.3 Distribution Transformers
  13.4.4 Specialty Transformers
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Electric Vehicle Charging
  13.5.2 Smart Grid
  13.5.3 Traction Locomotive
  13.5.4 Other
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SMART TRANSFORMER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SMART TRANSFORMER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SMART TRANSFORMER MARKET COMPETITIVE RIVALRY
TABLE 005. SMART TRANSFORMER MARKET THREAT OF NEW ENTRANTS
TABLE 006. SMART TRANSFORMER MARKET THREAT OF SUBSTITUTES
TABLE 007. SMART TRANSFORMER MARKET BY TYPE
TABLE 008. POWER TRANSFORMERS MARKET OVERVIEW (2016-2028)
TABLE 009. INSTRUMENT TRANSFORMERS MARKET OVERVIEW (2016-2028)
TABLE 010. DISTRIBUTION TRANSFORMERS MARKET OVERVIEW (2016-2028)
TABLE 011. SPECIALTY TRANSFORMERS MARKET OVERVIEW (2016-2028)
TABLE 012. SMART TRANSFORMER MARKET BY APPLICATION
TABLE 013. ELECTRIC VEHICLE CHARGING MARKET OVERVIEW (2016-2028)
TABLE 014. SMART GRID MARKET OVERVIEW (2016-2028)
TABLE 015. TRACTION LOCOMOTIVE MARKET OVERVIEW (2016-2028)
TABLE 016. OTHER MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA SMART TRANSFORMER MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA SMART TRANSFORMER MARKET, BY APPLICATION (2016-2028)
TABLE 019. N SMART TRANSFORMER MARKET, BY COUNTRY (2016-2028)
TABLE 020. EUROPE SMART TRANSFORMER MARKET, BY TYPE (2016-2028)
TABLE 021. EUROPE SMART TRANSFORMER MARKET, BY APPLICATION (2016-2028)
TABLE 022. SMART TRANSFORMER MARKET, BY COUNTRY (2016-2028)
TABLE 023. ASIA PACIFIC SMART TRANSFORMER MARKET, BY TYPE (2016-2028)
TABLE 024. ASIA PACIFIC SMART TRANSFORMER MARKET, BY APPLICATION (2016-2028)
TABLE 025. SMART TRANSFORMER MARKET, BY COUNTRY (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA SMART TRANSFORMER MARKET, BY TYPE (2016-2028)
TABLE 027. MIDDLE EAST & AFRICA SMART TRANSFORMER MARKET, BY APPLICATION (2016-2028)
TABLE 028. SMART TRANSFORMER MARKET, BY COUNTRY (2016-2028)
TABLE 029. SOUTH AMERICA SMART TRANSFORMER MARKET, BY TYPE (2016-2028)
TABLE 030. SOUTH AMERICA SMART TRANSFORMER MARKET, BY APPLICATION (2016-2028)
TABLE 031. SMART TRANSFORMER MARKET, BY COUNTRY (2016-2028)
TABLE 032. ABB: SNAPSHOT
TABLE 033. ABB: BUSINESS PERFORMANCE
TABLE 034. ABB: PRODUCT PORTFOLIO
TABLE 035. ABB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. SCHNEIDER ELECTRIC: SNAPSHOT
TABLE 036. SCHNEIDER ELECTRIC: BUSINESS PERFORMANCE
TABLE 037. SCHNEIDER ELECTRIC: PRODUCT PORTFOLIO
TABLE 038. SCHNEIDER ELECTRIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. SIEMENS: SNAPSHOT
TABLE 039. SIEMENS: BUSINESS PERFORMANCE
TABLE 040. SIEMENS: PRODUCT PORTFOLIO
TABLE 041. SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. MITSUBISHI ELECTRIC CORPORATION: SNAPSHOT
TABLE 042. MITSUBISHI ELECTRIC CORPORATION: BUSINESS PERFORMANCE
TABLE 043. MITSUBISHI ELECTRIC CORPORATION: PRODUCT PORTFOLIO
TABLE 044. MITSUBISHI ELECTRIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. EATON: SNAPSHOT
TABLE 045. EATON: BUSINESS PERFORMANCE
TABLE 046. EATON: PRODUCT PORTFOLIO
TABLE 047. EATON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. ALSTOM: SNAPSHOT
TABLE 048. ALSTOM: BUSINESS PERFORMANCE
TABLE 049. ALSTOM: PRODUCT PORTFOLIO
TABLE 050. ALSTOM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. GE POWER: SNAPSHOT
TABLE 051. GE POWER: BUSINESS PERFORMANCE
TABLE 052. GE POWER: PRODUCT PORTFOLIO
TABLE 053. GE POWER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. POWERSTAR: SNAPSHOT
TABLE 054. POWERSTAR: BUSINESS PERFORMANCE
TABLE 055. POWERSTAR: PRODUCT PORTFOLIO
TABLE 056. POWERSTAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. CG POWER & INDUSTRIAL SOLUTIONS LIMITED: SNAPSHOT
TABLE 057. CG POWER & INDUSTRIAL SOLUTIONS LIMITED: BUSINESS PERFORMANCE
TABLE 058. CG POWER & INDUSTRIAL SOLUTIONS LIMITED: PRODUCT PORTFOLIO
TABLE 059. CG POWER & INDUSTRIAL SOLUTIONS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. ORMAZABAL: SNAPSHOT
TABLE 060. ORMAZABAL: BUSINESS PERFORMANCE
TABLE 061. ORMAZABAL: PRODUCT PORTFOLIO
TABLE 062. ORMAZABAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. SPX TRANSFORMER SOLUTIONS INC.: SNAPSHOT
TABLE 063. SPX TRANSFORMER SOLUTIONS INC.: BUSINESS PERFORMANCE
TABLE 064. SPX TRANSFORMER SOLUTIONS INC.: PRODUCT PORTFOLIO
TABLE 065. SPX TRANSFORMER SOLUTIONS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 066. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 067. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 068. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SMART TRANSFORMER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SMART TRANSFORMER MARKET OVERVIEW BY TYPE
FIGURE 012. POWER TRANSFORMERS MARKET OVERVIEW (2016-2028)
FIGURE 013. INSTRUMENT TRANSFORMERS MARKET OVERVIEW (2016-2028)
FIGURE 014. DISTRIBUTION TRANSFORMERS MARKET OVERVIEW (2016-2028)
FIGURE 015. SPECIALTY TRANSFORMERS MARKET OVERVIEW (2016-2028)
FIGURE 016. SMART TRANSFORMER MARKET OVERVIEW BY APPLICATION
FIGURE 017. ELECTRIC VEHICLE CHARGING MARKET OVERVIEW (2016-2028)
FIGURE 018. SMART GRID MARKET OVERVIEW (2016-2028)
FIGURE 019. TRACTION LOCOMOTIVE MARKET OVERVIEW (2016-2028)
FIGURE 020. OTHER MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA SMART TRANSFORMER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE SMART TRANSFORMER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC SMART TRANSFORMER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA SMART TRANSFORMER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA SMART TRANSFORMER MARKET OVERVIEW BY COUNTRY (2016-2028)