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Smart Transformers Market Worth $2,185.8 Million in 2020DALLAS, June 16, 2015 /PRNewswire/ -- The report "Smart Transformers Market by Type (Power, Distribution, Specialty, and Instrument), by Application (Smart Grid, Traction Locomotive, Electric Vehicle Charging, and Others) & by Region - Global Trends & Forecast to 2020", published by MarketsandMarkets, The global distribution Smart Transformer Market is projected to grow from $903.7 Million in 2015 to $2,185.8 Million in 2020, at a CAGR of 19.3%. Browse 72 market data Tables and 49 Figures spread through 140 Pages and in-depth TOC on "Smart Transformers Market" http://www.marketsandmarkets.com/Market-Reports/smart-transformers-market-15362928.html Early buyers will receive 10% customization on this report. The market report defines and segments the smart transformer market with analysis of value, market share of leading players, and forecast for future trends. It also identifies the driving forces, restraining factors, and challenges for the market, highlighting the latest trends, and identifying opportunities Make an Inquiry @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=15362928 In 2014, Asia-Pacific was the single largest regional market for smart transformers across the globe and accounted for a market share of 34% by value. Growing demand for electric power and related spending on smart grids to upgrade transmission & distribution infrastructure is one of the key drivers of demand for Smart Transformer Market in Asia-Pacific, as well as the world
Leading players in the global Smart Transformer Market include Siemens AG (Germany), ABB Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation (U.S.), Alstom (France), Schneider Electric (France), and Crompton Greaves (India) among others. Players in the global Smart Transformer Market make investments in R&D to enhance the efficiency of their products. These companies are expanding into new territories to take advantage of opportunities in the fast-growing emerging economies of Asia-Pacific, the Middle East, and South America through joint-ventures, mergers and acquisitions, and partnerships. Browse Related Reports Smart Meters Market by Type (Smart Electric Meters, Smart Water Meters, Smart Gas Meters), by End User (Industrial & Commercial and Residential), & Region (Americas, Asia-Pacific, Europe & RoW) - Trends and Forecast to 2019 http://www.marketsandmarkets.com/Market-Reports/smart-meter-366.html Distribution Feeder Automation System Market by Application (Commercial, Industrial, Residential), by Products (Hardware, Software, Services), and by Region (Americas, Europe, Asia-Pacific, RoW) - Global Trends and Forecasts to 2019 About MarketsandMarkets MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: SOURCE MarketsandMarkets 
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