Smart Transformers Market - Global Industry Analysis
Smart Transformers Market by Component (Converters, Switches, Transformers, and Hardware for Transformer Monitoring), by Type (Power Transformers, Distribution Transformers, Specialty Transformers, and Instrument Transformers), and by Application (Traction Locomotive, Smart Grid, Electric Vehicle Charging, Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025
Published Date: 27-May-2019Energy & Mining
Category: Report Format : PDF
Report Code: ZMR-1302
Status : Published
Global smart transformers market expected to reach USD 3.01 billion by 2025, at a CAGR of 10.24% between 2019 and 2025. Smart transformers deliver extra flexibility to control power distribution networks to enable the smooth transformation of DC-to-AC and AC-to-DC, as per the necessity.