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Smart Transformers Market by Type, Application & by Region - Global Trends & Forecast to 2020LONDON, July 2, 2015 /PRNewswire/ -- The report offers detailed analysis of the global smart transformer market, which is growing in sync with rising power demand, expanding power distribution networks, and increasing investments to make power grids smart and efficient. The market has been geographically segmented into regions including Asia-Pacific, North America, Europe, Middle East, South America, and Africa. The market has been segmented further on the basis of type of smart transformers used, such as distribution transformer, power transformer, specialty transformer, and instrument transformer. The report also provides valuable information on the global smart transformers market segmented by applications (smart grid, traction locomotive, electric vehicle charging, and others) as well as country-level information (China, India, Japan, the U.S., the U.K., Germany, Saudi Arabia, Brazil, and South Africa among others). The global smart transformers market size is projected to grow at a CAGR of 19.3% during the forecast period. The market was dominated by Asia-Pacific in 2015, which is expected to continue through to 2020. Strong growth has been projected for North America, Europe, and the Middle East smart transformers market from 2015 to 2020, as spending on smart grid technologies and infrastructure, new rapid transit systems using high speed trains, and increased installation of electric vehicle charging stations continue to push the demand. China, India, the U.S., the U.K. Saudi Arabia, UAE, and Brazil are expected to be promising markets for smart transformers from 2015 to 2020. SCOPE OF THE REPORT This report focuses on the global smart transformer market; segmented on the basis of type, application, and region. On the basis of type - Distribution transformer - Power transformer - Specialty transformer - Instrument transformer On the basis of Application - Smart Grid - Traction Locomotive - Electric Vehicle Charging - Others On the basis of Region - Asia-Pacific - North America - Europe - Middle East - South America - Africa Download the full report: https://www.reportbuyer.com/product/3044568/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/smart-transformers-market-by-type-application--by-region---global-trends--forecast-to-2020-300108311.html SOURCE ReportBuyer |