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A Siemens study shows rising expectations for autonomous grids and software-driven optimisation.

The global digital substation market is projected to grow from $14.4 B in 2025 to $19.8 B by 2030, driven by rising grid modernisation efforts.

The global power transformer market is forecast to rise from $30.38 B in 2025 to $41.62 B by 2030, growing at a 6.5 % CAGR.

The distribution transformer market is expected to reach $31.6 B by 2034 growing at a CAGR of 5.8 % over the forecasted period from 2025 to 2034.

Siemens Smart Infrastructure has released a new report, Digital Transformation, Sustainable Returns: The New Pathway of Infrastructure, based on a survey of 650 senior executives.

This report produced by the Transformer Champions Club (TCC) presents conclusions from the Transformers Magazine’s Industry Navigator conference on Investments, AI, and Sustainability held in Madrid.

The net turnover of Ganz Transformers and Electric Rotating Machines Ltd. increased more than one and a half times to €71.55 million in 2023.

The company achieved a record high of €7.7 billion in grid investments coping with grid congestion and bottlenecks.

Pad-mounted transformer market size is set to exceed $38 B by 2032, according to a research report by Global Market Insights Inc.

The global instrument transformers market is expected to grow from $7.61 B in 2021 to $8.17 B in 2022 at a CAGR of 7.4 %.

Netherlands, Amsterdam: The energy transition continues to gain steam, according to new research by leading global consultancy, McKinsey & Company.

According to a report by Allied Market Research, the global transformer core industry was estimated at $8.9 B in 2020, and is expected to reach $13.5 B by 2030.

E-mobility is expected to have a dramatic impact, not only on the car industry but on the entire economy.

Monitoring data can be used for maintenance, operation, controlled overloading, asset management in combination with offline diagnostic data, etc.

Global HVDC transmission market is projected to reach $13.07 B by 2025, growing at a CAGR of 7.2% from 2018 to 2025 according to the Verified Market Intelligence report.

Over the next five years the instrument transformer market will register a 6.9% CAGR in terms of revenue, the global market size will reach $5.51 billion by 2024.

According to a recent research report by Global Market Insights, the global power transformer market size will be fostered by multi-billion investments in new and existing energy infrastructure, including smart grid expansion and efforts to sustain a soaring electricity demand across Africa.

A Market research company Frost & Sullivan announced the release of its Global Power Industry Outlook report, which forecasts the solar and wind sources of energy to dominate power generation additions through to 2021

2016 Market Research Report on Global Electric Power Distribution Equipment has been made available by Deep Research Reports.

USA, Chicago: According to the new smart grid market report published by Scalar Market Research, the smart grid market is expected to grow from $39.84 billion in 2016 and reach $83.81 billion in 2022, growing at an estimated CAGR of 13.20% during the forecast period.

A new report on the global converter transformer market has been made available by Market Research Store.

A new research report on global power transformer market by Global Market Insights forecasts the power transformer market size will exceed $34.6 billion by 2022.

United Kingdom, London: A new global power transformer market report titled “Power Transformer Market by Rating, Medium Power Transformer, Large Power Transformer, by Type of Cooling Method, & Region – Global Trends & Forecasts to 2020” is now available.

Syndicate Market Research has made available a new report titled “Smart Transformers Market – Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 – 2020”.