Smart Transformers: Market Research Report

January 2015 | 197 pages | ID: SC50090C3A1EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Smart Transformers in US$ Thousand. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2013 through 2020. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 31 companies including many key and niche players such as -

• ABB Ltd.
• Alstom S.A
• Avago Technologies
• Bharat Heavy Electricals Limited
• Crompton Greaves Ltd.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Smart Transformers: Integral for Voltage Optimizatio in the Smart Grid
Myriad Benefits of Smart Transformers to Drive Rapid Adoption
Smart Transformers for Smarter Power Transmission and Distribution
Traditional Vs. Smart Transformers: A Comparison
Smart Transformers for Effective Power Loss Management
Smart Distribution Transformers: Vital to Asset Monitoring
Global Market Outlook
Competition: Research & Development Essential for Increased Performance and Cost Efficiencies

2. MARKET TRENDS, ISSUES & DRIVERS

Smart Grid Technology Revolutionizes Power Transmission & Distribution: A Strong Growth Driver for Smart Transformers

Table 1. Global Spend on Smart Grid Technologies by Region (2014, 2017 & 2020): Cumulative Spending (in US$ Billion) for Asia-Pacific (incl. China), Europe, Latin America, and North America (includes corresponding Graph/Chart)

Smart Grid Landscape: List of Components & Systems for Power T&D Infrastructure, Communication Network, and Computing Platform
Factors Driving Transition towards a Smarter Grid Aid Market Growth
Major Applications of Smart Transformers in the Smart Grid
Connection between LV and MV Grids
Connection between Loads and MV Grid
Application between Distribution Grids
Application between Power Generation Source and Distribution Grid or Load
Interface for Smart Grids and Distributed Generation
Despite Limitations, Smart Transformers Set to Witness Strong Penetration
Environmental Benefits of Smart Transformer Enabled- Power Grids Benefit Market Expansion
Domestic Targets for Greenhouse Gas Emissions of Select Regions/Countries
Internet of Things Poised to Revamp the Utilities Segment, Bodes Well for Market Growth
Upcoming Smart Cities to Fuel Large-Scale Adoption of Smart Transformers
Rising Renewables Share in the Generation Mix Spurs Market Demand

Table 2. Global CO2 Emissions by Fuel Type (2013): Percentage Breakdown of Volume Emissions for Coal & Peat, Oil, Natural Gas, and Others (includes corresponding Graph/Chart)

Table 3. Global CO2 Emissions by Geographic Region/Country (2013): Percentage Breakdown of Volume Emissions for OECD, China, Asia (excludes China), Non-OECD Europe and Eurasia, Middle East, Non-OECD Americas, Africa, and Others (includes corresponding Graph/Chart)

Table 4. Global Electricity Generation Capacity by Source (2013): Percentage Share Breakdown for Renewable Sources (Hydro, Wind, Bio-Power, and Solar PV) and Non-Renewable Sources (includes corresponding Graph/Chart)

Integrating Renewable Energy with EVs to Trigger Demand for Smart Transformers
Smart Grids for Efficiently Powering Electric Vehicles

Table 5. World Market for Electric Vehicles (2013): Percentage Breakdown of Unit Sales by Product Type (includes corresponding Graph/Chart)

Traction Systems & Offshore Power Generation: Application Areas with Untapped Growth Potential
Surging Energy Consumption Drives Demand for Smart Transmission & Distribution Infrastructure
Key Statistics Reflecting Rising Power Demand and Need for Smart Power Infrastructure

Table 6. Global Electricity Consumption in TWh for Years 2000, 2015 & 2030 (includes corresponding Graph/Chart)

Table 7. Global Electricity Production by Country (2013): Percentage Breakdown of Electricity Production Volume for China, United States, India, Russia, Japan, Canada, Germany, Brazil, France, South Korea, and Others (includes corresponding Graph/Chart)

Table 8. Global Electricity Consumption by Country (2013): Percentage Breakdown of Electricity Consumption Volume for China, United States, Japan, Russia, India, Germany, Canada, Brazil, South Korea, France, and Others (includes corresponding Graph/Chart)

Table 9. Projected Global Demand for Primary Energy (Mtoe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035 (includes corresponding Graph/Chart)

Table 10. Global Total Primary Energy Supply (Excluding Energy Stored in International Marine and Aviation Bunkers) in Units by Region (2013): Percentage Breakdown of Supply Volumes for OECD, China, Asia (excluding China), Non-OECD Europe and Eurasia, Africa, Middle East, and Non-OECD Americas (includes corresponding Graph/Chart)

Table 11. Investments in New Power Plants by Geographic Region (2012): Percentage Breakdown for Coal, Natural Gas, Oil, Nuclear Power, and Renewable Energy (includes corresponding Graph/Chart)

Table 12. Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030 (includes corresponding Graph/Chart)

Favorable Demographic and Urbanization Trends Strengthens Market Prospects

Table 13. Global Population Estimates (2000-2050) (includes corresponding Graph/Chart)

Table 14. Population Statistics for Select Countries: 2007, 2010 & 2013 (in Millions) (includes corresponding Graph/Chart)

Rapid Urbanization: A Mega Growth Driver for Smart Power T&D Infrastructure

Table 15. Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart)

Table 16. World’s Most Populous Cities: Percentage Breakdown by Total Urban Population for Tokyo, Delhi, Mexico City, New York - Newark, Shanghai and Others (includes corresponding Graph/Chart)

Table 17. Estimated Percentage of Urbanization in World, China and India for the Years 2011 and 2018 (includes corresponding Graph/Chart)

Grid Expansion Projects in Developing Countries Offer Significant Growth Opportunities

3. TRANSMISSION AND DISTRIBUTION EQUIPMENT MARKET: A MACRO PERSPECTIVE

Global Recession Hits T&D Equipment Market during 2012-2013
Current State of the Global Market for Power Transformers
Demand for Eco-Friendly Power Transformers: A Major Growth Driver
Oligopolistic Nature of the High Voltage Power Transmission Market

Table 18. Leading Players in the Global High Power Transmission Equipment, Systems and Services Market (2013): Market Share Breakdown for ABB, Alstom SA, Siemens Energy, and Others (includes corresponding Graph/Chart)

Disruptions in Transmission and Distribution Provide Opportunities for Distribution Transformers
Implementation of Energy Efficiency Standards Bodes Well for the Market
Distribution Transformers Market Undergoes Consolidation

4. PRODUCT OVERVIEW

Transformer: Definition
Types of Transformers
Power Transformers
Distribution Transformers
Solid-State Transformer (SST)/ Smart Transformer

5. SMART TRANSFORMER SOLUTION LAUNCHES

ABB Launches Transformer Intelligence, a Monitoring Solution based on Sensors, for Transformers
Eaton Expands Power Transformer Range
IUS Technologies Introduces TM1000 and TM2000 Smart Transformer Monitors
Bowers Electricals to Launch a New Smart Transformer

6. RECENT INDUSTRY ACTIVITY

CG Selected to Offer Distribution Transformer Controllers to Energias de Portugal
BHEL Commissions First Phase Shifting Transformer in India
CG to Supply Smart Transformers to Administracion Nacional de Electricidad in Paraguay
CG Enters into Agreement to Supply Smart Grid Enabled Transformers to Transpower NZ Ltd

7. FOCUS ON SELECT GLOBAL PLAYERS

ABB Ltd (Switzerland)
Alstom S. A (France)
Avago Technologies (US)
Bharat Heavy Electricals Limited (India)
Crompton Greaves Ltd. (India)
Duke Energy Corporation (US)
Eaton Corp. (US)
GE (US)
Howard Industries, Inc. (US)
Infineon Technologies AG (Germany)
Mitsubishi Electric Corporation (Japan)
Plasma Technics, Inc. (US)
Schneider Electric SE (France)
Selco USA, Inc. (US)
Siemens AG (Germany)
SPX Transformer Solutions, Inc. (US)
Varentec, Inc. (US)

8. GLOBAL MARKET PERSPECTIVE

Table 19. World Recent Past, Current & Future Analysis for Smart Transformers by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

Table 20. World 8-Year Perspective for Smart Transformers by Geographic Region - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa and Latin America Markets for Years 2013, 2015 & 2020 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current & Future Analysis
Expanding Smart Grid Infrastructure Boosts Market Prospects
Rising Need for Transformers to Become Smart Grid-Ready Drives Market Growth
The US T&D Equipment Market: A Macro Perspective
Transformers Market Driven by Soaring Demand for Energy

Table 21. US Power Generation Capacity by Energy Source (2010 & 2020): Percentage Breakdown of Power Generation Capacity from Gas, Coal, Nuclear, Renewable Energy, Hydro, and Oil Sources (includes corresponding Graph/Chart)

Industrial & Electric Utilities: Dominant End-use Sectors for T&D Equipment

Table 22. Electric Power Transmission & Distribution Market in the United States (2014): Breakdown of Demand (in US$ Million) by Key End-Use Sectors: Residential, Commercial, Electric Utility, Industrial, and Others (includes corresponding Graph/Chart)

Replacement Demand to Boost Spending on Larger Power Transformers

Table 23. US Transmission & Distribution Spending for the Period 2011-2035: Percentage (%) Breakdown of Spending for New Equipment and Replacements for Electric Power Transmission and Distribution (includes corresponding Graph/Chart)

Distribution Transformers Dominate the US T&D Market
New Efficiency Standards for Distribution Transformers in the US
Competitive Landscape

Table 24. Leading Players in the US Electric Power Transmission and Distribution Equipment Market (2013): Percentage Sales Breakdown for ABB, Eaton, General Electric, Schneider, Siemens, and Others (includes corresponding Graph/Chart)

Table 25. Leading Players in the US Power Transformers Market (2013): Market Share Breakdown for ABB, Alstom Grid, GE, Siemens, and Others (includes corresponding Graph/Chart)

Presence of Leading Suppliers in Medium and Large Power Transformers
Product Launches
Select Key Players
B. Market Analytics

Table 26. US Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Current & Future Analysis
Key Factors Driving Transition to Smart Grid in Canada
B. Market Analytics

Table 27. Canadian Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Current & Future Analysis
Mitsubishi Electric Corporation – A Japanese Key Player
B. Market Analytics

Table 28. Japanese Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Current & Future Analysis
Shift from Conventional Grids to Smart Infrastructure Bodes Well for Market Expansion
EU Proposes New Ecodesign Energy Efficiency Standard for Transformers
Overview of the European Transformers Market
B. Market Analytics

Table 29. European Recent Past, Current & Future Analysis for Smart Transformers by Geographic Region - France, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

Table 30. European 8-Year Perspective for Smart Transformers by Geographic Region - Percentage Breakdown of Revenues for France, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2013, 2015 & 2020 (includes corresponding Graph/Chart)

4A. FRANCE

A. Market Analysis
Select Key Players
B. Market Analytics

Table 31. French Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4B. ITALY

A. Market Analysis
Current & Future Analysis
Gradual Strengthening of Smart Grid Infrastructure: An Important Growth Driver
The Italian Smart Grid Policy
Governmental Policies and Initiatives Support Growth
B. Market Analytics

Table 32. Italian Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4C. THE UNITED KINGDOM

A. Market Analysis
Current & Future Analysis
UK Smart Grid Initiatives to Drive Demand for Smart Transformers
Product Launch
B. Market Analytics

Table 33. UK Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4D. SPAIN

Market Analysis

Table 34. Spanish Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4E. RUSSIA

A. Market Analysis
Current & Future Analysis
Rising Investment in the Russian Smart Grid Market to Bode Well for Smart Transformers
B. Market Analytics

Table 35. Russian Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

4F. REST OF EUROPE

A. Market Analysis
Current & Future Analysis
Focus on Select Regional Markets
Ambitious Smart Grid Strategy of Denmark to Optimize Opportunities for Smart Transformers
Strong Investments in Smart Grid in Eurasia: Opportunities Galore for Smart Transformer Suppliers
Product Launch
Recent Industry Activity
Select Key Players
B. Market Analytics

Table 36. Rest of Europe Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Current & Future Analysis
Liberalization and Privatization in Asian Countries Offer Significant Growth Opportunities for Smart Grids and Smart Transformers
Asia-Pacific Dominates the Global Electric Power T&D Equipment Market
B. Market Analytics

Table 37. Asia-Pacific Recent Past, Current & Future Analysis for Smart Transformers by Geographic Region - China, South Korea and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

Table 38. Asia-Pacific 8-Year Perspective for Smart Transformers by Geographic Region - Percentage Breakdown of Revenues for China, South Korea and Rest of Asia-Pacific Markets for Years 2013, 2015 & 2020 (includes corresponding Graph/Chart)

5A. CHINA

A. Market Analysis
Current & Future Analysis
Increasing Focus on Smart Grid Deployments to Drive Demand for Smart Transformers
A Nationwide Smart Grid Objective to Prove Beneficial for Smart Transformers
Governmental Support for Smart Grid Deployment
SGCC’s Ambitious Master Plan for Smart Grid to Benefit Market Prospects
An Overview of the Chinese T&D Equipment Market
Industry Moves towards High-Voltage Transformers
Issues Persist in the Chinese Transformer Industry
Investments in Interconnected Power Grid to Increase
Transmission over Long Distances to Drive Demand for Distribution Transformers
Energy Efficient Transformers for Saving Power
B. Market Analytics

Table 39. Chinese Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

5B. SOUTH KOREA

A. Market Analysis
Current & Future Analysis
Technological Advancements Drive Smart Grid Infrastructure Development
B. Market Analytics

Table 40. South Korean Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

5C. REST OF ASIA-PACIFIC

A. Market Analysis
Current & Future Analysis
Analysis of Select Regional Markets
Replacement of Legacy Transmission Equipment in Australia and New Zealand Favors Market Adoption
India: Rising Investment in Smart Grid to Mitigate Losses Caused by Power Thefts to Bode Well for Market Growth
Government Supports Growth through Funding
A Bright Outlook for the Smart Grid Standard
Recent Industry Activity
Select Key Players
B. Market Analytics

Table 41. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

6. MIDDLE EAST & AFRICA

A. Market Analysis
Current & Future Analysis
Smart Transformers Market in MENA to Flourish
B. Market Analytics

Table 42. Middle East & Africa Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

7. LATIN AMERICA

A. Market Analysis
Current & Future Analysis
B. Market Analytics

Table 43. Latin American Recent Past, Current & Future Analysis for Smart Transformers by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

Table 44. Latin American 8-Year Perspective for Smart Transformers by Geographic Region - Percentage Breakdown of Revenues for Brazil and Rest of Latin America Markets for Years 2013, 2015 & 2020 (includes corresponding Graph/Chart)

7A. BRAZIL

A. Market Analysis
Current & Future Analysis

Table 45. Brazilian Electricity Production by Energy Source (2014): Percentage Breakdown of Installed Capacity for Hydro, Thermal, Renewable Energy, Imports, and Nuclear Power (includes corresponding Graph/Chart)

Rising Energy Consumption Create a Favorable Scenario for Smart Distribution Transformers in Brazil
An Emerging Smart Grid Market Promotes Demand for Smart Transformers
B. Market Analytics

Table 46. Brazilian Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

7B. REST OF LATIN AMERICA

A. Market Analysis
Current & Future Analysis
New Smart Grid Reforms to Drive Demand for Smart Transformers
Recent Industry Activity
B. Market Analytics

Table 47. Rest of Latin America Recent Past, Current & Future Analysis for Smart Transformers Market Analyzed with Annual Revenue Figures in US$ Thousand for Years 2013 through 2020 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 31 (including Divisions/Subsidiaries 34 )
The United States (13)
Canada (1)
Japan (2)
Europe (12)
  France (2)
  Germany (4)
  The United Kingdom (2)
  Rest of Europe (4)
Asia-Pacific (Excluding Japan) (5)
Africa (1)