Global Smart Transformers Market Segment Forecasts Up to 2020, Research Reports- Syndicatemarketresearch

Published By: Syndicate Market Research

Smart Transformers Market – Global Industry
Perspective, Comprehensive Analysis and
Forecast, 2014 – 2020

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Smart Transformers Market

Smart transformer is also known as solid state transformer. Smart transformer controls power
distribution networks. It makes possible the conversion of AC to DC and DC to AC, as per
requirement. Smart transformer (ST) provides the exact amount of power that is needed, and
responds instantly to fluctuations within the power grid, acting as a voltage regulator to ensure that
the optimized voltage is undisturbed. Smart transformer facilitates appliances to exhibit optimum
efficiency as well as they last longer and use less power.
The smart transformer market is primarily driven by rising demand for power consumption,
transmission & distribution networks across the globe. However, the need to improve efficiency of
grids along with reduction in wastage of electricity is expected to drive the market growth. Increasing
adoption of renewable power sources, such as wind & solar energy, traction locomotives, are major
factors boosting the adoption of smart transformers. However, high cost of smart transformers and
inadequate testing infrastructure can lower down the growth of market.

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Smart Transformers Market
Browse the full "Smart Transformers Market – Global Industry Perspective,
Comprehensive Analysis and Forecast, 2014 – 2020" report
at http://www.syndicatemarketresearch.com/market-analysis/smart-transformersmarket.html
The report covers forecast and analysis for the smart transformers market on a global and regional
level. The study provides historic data of 2014 along with a forecast from 2014 to 2020 based on
revenue (USD...