By 2022, the global smart transformer market will exceed 2.4 billion US dollars
发布时间：2017-10-18
According to a recent report released by MarketsandMarkets, the global smart transformer market was about 1.47 billion US dollars in 2017 and is expected to grow to 2.43 billion US dollars by 2022, with a compound annual growth rate of 10.54%.
According to the report, the rapid expansion of renewable energy worldwide, the digital development of power enterprises and the significant increase in investment in smart grids and energy systems are the main reasons for the stable and rapid growth of demand for smart transformers.
In 2016, smart power grid is the largest application market of smart transformer. The use of smart transformer in smart power grid is very critical whether it is conventional power grid or distributed power grid. The trend is expected to continue through 2022. Smart grid has the characteristics of two-way communication, real-time monitoring and control network. To this end, the basic steps are to implement smart meters for end-user interaction, and then to use smart transformers in the grid system to further strengthen monitoring management and avoid power failure.
From the perspective of product type, the demand for intelligent distribution transformers will grow the fastest from 2017 to 2022. Intelligent distribution networks require intelligent transformers to communicate with consumers and continuous load monitoring. Distribution transformers are less efficient than power transformers because they are subject to load fluctuations and have a higher chance of failure. Power distribution sometimes results in loads exceeding the equipment peak limit. Therefore, an effective distribution network is crucial for proper load management, ensuring the stability of power supply and reducing the number of blackouts.
Regionally, the smart transformer market is divided into North America, Asia-pacific, Europe, South America, Middle East and Africa. Among them, the Asia-Pacific region is expected to become the regional market with the largest demand by 2022. In particular, China, Japan and India are expanding their power grids
