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EUROPE SMART TRANSFORMERS MARKET FORECAST 2019-2027

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EUROPE SMART TRANSFORMERS MARKET FORECAST 2019-2027

The Europe Smart transformers market was valued at $XX million in 2018 and is expected to grow at a CAGR of 8.68% during the forecast period of 2019-2027. The rising production of electricity is the major reason for the market growth. The increase in electricity production will require more use of transformers for proper distribution which in turn will increase the demand for smart transformers.

EUROPE SMART TRANSFORMERS MARKET FORECAST 2019-2027

Europe Smart Transformers Market  by Type (Distribution Transformer, Instrument Transformer, Power Transformer, Specialty Transformer) by Component (Converter, Switch, Other Components) by Application (Electric Vehicle Charging Station, Power Grid, Traction Locomotives, Alternative Power Generation) by Geography.

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The Europe Smart transformers market was valued at $XX million in 2018 and is expected to grow at a CAGR of 8.68% during the forecast period of 2019-2027. The rising production of electricity is the major reason for the market growth. The increase in electricity production will require more use of transformers for proper distribution which in turn will increase the demand for smart transformers.

The countries analyzed for this region include the United Kingdom, France, Germany, Spain and the Rest of Europe. The rise in sales of hybrid and electric vehicle, a need for reliable error-free network and the increasing power sector reforms in developing regions are providing the European market with plenty of growth opportunities. The rising demand for smart transformers in the region can be further factored to the increasing number of installations of the renewable sources of energy such as solar and wind. The region is also assumed to be the major market for the electric vehicle charging stations and electric vehicle as mentioned earlier that is further augmenting the demand of the smart transformers market in Europe.

The major market players who are contributing the most by revenue in Europe smart transformers market are Howard Industries, Inc., Eaton Corporation PLC, ABB Ltd., Siemens AG, Maschinenfabrik Reinhausen GmbH, Schneider Electric SE, Crompton Greaves Ltd., Bharat Heavy Electricals Limited, Mitsubishi Electric Corporation, Tesla Transformers Ltd, SPX Transformer Solutions and General Electric Co.

 

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    1. RESEARCH SCOPE
      • STUDY GOALS
      • SCOPE OF THE MARKET STUDY
      • WHO WILL FIND THIS REPORT USEFUL?
      • STUDY AND FORECASTING YEARS
    2. RESEARCH METHODOLOGY
      • SOURCES OF DATA
        • SECONDARY DATA
        • PRIMARY DATA
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
      • DATA TRIANGULATION
    3. EXECUTIVE SUMMARY
      • MARKET SUMMARY
      • KEY FINDINGS
        • POWER GRID IS THE DOMINANT APPLICATION
        • DEMAND FOR CONVERTER IS EXPECTED TO BE HIGH OVER THE FORECAST PERIOD
        • POWER TRANSFORMER IS THE LARGEST CONTRIBUTOR TO SMART TRANSFORMER MARKET
    1. MARKET DYNAMICS
      • MARKET DEFINITION & SCOPE
      • MARKET DRIVERS
        • RISE IN INDUSTRIAL GROWTH
        • TIMEWORN INFRASTRUCTURE LEADING TO INVESTMENT IN SMART GRIDS
        • HIGHER CONSUMPTIONS PATTERN IN HIGH GROWTH REGIONS
        • RISING PRODUCTION OF ELECTRICITY
        • COMPLIANCE WITH REGULATORY STANDARDS
        • GREEN ENERGY DEMAND ON THE RISE
      • MARKET RESTRAINTS
        • INFRASTRUCTURE COST
        • FLUCTUATION IN RAW MATERIAL PRICES
      • MARKET OPPORTUNITIES
        • RISE IN SALES OF HYBRID AND ELECTRIC VEHICLE
        • NEED FOR RELIABLE ERROR-FREE NETWORK
      • MARKET CHALLENGES
        • LARGE INITIAL INVESTMENTS
    1. MARKET BY TYPE
      • DISTRIBUTION TRANSFORMER
      • INSTRUMENT TRANSFORMER
      • POWER TRANSFORMER
      • SPECIALTY TRANSFORMER
    2. MARKET BY COMPONENT
      • CONVERTER
      • SWITCH
      • OTHER COMPONENTS
    3. MARKET BY APPLICATION
      • ELECTRIC VEHICLE CHARGING STATION
      • POWER GRID
      • TRACTION LOCOMOTIVES
      • ALTERNATIVE POWER GENERATION
        • SOLAR POWER
        • WIND POWER
        • OTHER POWER
    1. KEY ANALYTICS
      • PORTER’S FIVE FORCE MODEL
        • THREAT OF NEW ENTRANTS
        • THREAT OF SUBSTITUTE
        • BARGAINING POWER OF SUPPLIERS
        • BARGAINING POWER OF BUYERS
        • THREAT OF COMPETITIVE RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • KEY BUYING CRITERIA
    2. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • GERMANY
        • UNITED KINGDOM
        • FRANCE
        • SPAIN
        • ITALY
        • RUSSIA
        • ROE (REST OF EUROPE)
    1. COMPETITIVE LANDSCAPE
      • MARKET SHARE ANALYSIS
      • COMPANY PROFILE
        • ABB LTD.
        • CROMPTON GREAVES LTD.
        • EATON CORPORATION PLC
        • GENERAL ELECTRIC CO.
        • HOWARD INDUSTRIES, INC.
        • MITSUBISHI ELECTRIC CORPORATION
        • SCHNEIDER ELECTRIC SE
        • SIEMENS AG
        • SPX TRANSFORMER SOLUTIONS
        • BHARAT HEAVY ELECTRICALS LIMITED
        • MASCHINENFABRIK REINHAUSEN GMBH
        • TESLA TRANSFORMERS LTD.

    LIST OF TABLES  

    TABLE 1:  EUROPE SMART TRANSFORMERS MARKET, BY COUNTRY, 2019-2027, (IN $ MILLION)

    TABLE 2:  EUROPE SMART TRANSFORMERS MARKET, BY TYPE, 2019-2027, (IN $ MILLION)

    TABLE 3:  EUROPE SMART TRANSFORMERS MARKET, BY COMPONENT, 2019-2027, (IN $ MILLION)

    TABLE 4:  EUROPE SMART TRANSFORMERS MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

    TABLE 5:  EUROPE ALTERNATIVE POWER GENERATION MARKET, BY SEGMENTS, 2019-2027, (IN $ MILLION)

    TABLE 6:  OPPORTUNITY MATRIX

    TABLE 7:  VENDOR LANDSCAPE

    TABLE 8:  EUROPE SMART TRANSFORMERS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

    LIST OF FIGURES 

    FIGURE 1 EUROPE SMART TRANSFORMERS MARKET SHARE, BY APPLICATION 2018 & 2027 (%)

    FIGURE 2 POWER GRID MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 3 CONVERTER MARKET, 2019 – 2027 (IN $ MILLION)

    FIGURE 4 POWER SMART TRANSFORMERS MARKET ($ MILLION)

    FIGURE 5 RISING PRODUCTION OF ELECTRICITY IN TRILLION KWH

    FIGURE 6 EUROPE SMART TRANSFORMERS MARKET, BY ELECTRIC VEHICLE CHARGING STATION, 2019-2027, (IN $ MILLION)

    FIGURE 7 EUROPE SMART TRANSFORMERS MARKET, BY POWER GRID, 2019-2027, (IN $ MILLION)

    FIGURE 8 EUROPE SMART TRANSFORMERS MARKET, BY TRACTION LOCOMOTIVES, 2019-2027, (IN $ MILLION)

    FIGURE 9 EUROPE SMART TRANSFORMERS MARKET, BY ALTERNATIVE POWER GENERATION, 2019-2027, (IN $ MILLION)

    FIGURE 10 EUROPE SMART TRANSFORMERS MARKET, BY SOLAR POWER, 2019-2027, (IN $ MILLION)

    FIGURE 11 EUROPE SMART TRANSFORMERS MARKET, BY WIND POWER, 2019-2027, (IN $ MILLION)

    FIGURE 12 EUROPE SMART TRANSFORMERS MARKET, BY OTHER POWER, 2019-2027, (IN $ MILLION)

    FIGURE 13 PORTER’S FIVE FORCE MODEL

    FIGURE 14 KEY BUYING CRITERIA FOR SMART TRANSFORMERS, 2019 & 2027

    FIGURE 15 EUROPE SMART TRANSFORMERS MARKET, REGIONAL OUTLOOK, 2018 & 2027, (%)

    FIGURE 16 GERMANY SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 17 UNITED KINGDOM SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 18 FRANCE SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 19 SPAIN SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 20 ITALY SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 21 RUSSIA SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 22 ROE SMART TRANSFORMERS MARKET, 2019-2027 (IN $ MILLION)

    FIGURE 23 MARKET SHARE ANALYSIS OF SMART TRANSFORMERS MARKET (2018)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • GERMANY
        • UNITED KINGDOM
        • FRANCE
        • SPAIN
        • ITALY
        • RUSSIA
        • ROE (REST OF EUROPE)
    1. MARKET BY TYPE
      • DISTRIBUTION TRANSFORMER
      • INSTRUMENT TRANSFORMER
      • POWER TRANSFORMER
      • SPECIALTY TRANSFORMER
    2. MARKET BY COMPONENT
      • CONVERTER
      • SWITCH
      • OTHER COMPONENTS
    3. MARKET BY APPLICATION
      • ELECTRIC VEHICLE CHARGING STATION
      • POWER GRID
      • TRACTION LOCOMOTIVES
      • ALTERNATIVE POWER GENERATION
        • SOLAR POWER
        • WIND POWER
        • OTHER POWER

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