DIGITAL HANDHELD POWER TRANSFORMER MARKET

INTRODUCTION

A power transformer's function is to reduce voltage from a high voltage (transmission line) to a low voltage (consumer). An electrical device called a transformer uses electromagnetic induction to transmit electric energy.

A transformer is a tool used to move electrical energy from one alternating-current circuit to one or more additional circuits, either by stepping up the voltage or stepping down the voltage.Power transformers can further be categorised into three groups based on the Power rating and specification: There are three types of power transformers: small, medium, and large. 

DIGITAL HANDHELD POWER TRANSFORMER MARKET SIZE AND FORECAST

The Global Digital Handheld Power Transformer market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

DIGITAL HANDHELD POWER TRANSFORMER MARKET NEW PRODUCT LAUNCH

ABB unveils the initial digitally integrated power transformer ever made. The world's first integrated solution for digitally enabled power transformers, the ABB AbilityTM Power Transformer will be introduced at the 2018 Hanover Fair in Germany.

It will radically alter the way that power transformers are thought about. All power transformers departing ABB plants will soon be equipped with digital capabilities, enabling remote monitoring and real-time data analyses of its critical characteristics. As a result, dependability will improve and grid resources and power networks can be used more effectively.

A digital hub will be built inside the transformer and be able to use a variety of smart devices on a modular platform with plug-and-play functionality. While allowing users complete control over their digital experience, the system's modularity and scalability make it future-proof.

A game-changing solution is the ABB AbilityTM Power Transformer. The full ecosystem of software solutions and services, including the market-leading ABB AbilityTM Ellipse® Asset Performance Management System, will be available to users in addition to providing actionable intelligence at the local level.

According to the company, "the new digital capability will increase reliability and mitigate outages through preventative action in addition to enhancing efficiency and product life."The introduction of ABB AbilityTM EXplore, a service solution that sends out a submersible transformer inspection robot, was also announced by ABB.

To undertake a quick, safe, and cost-effective interior inspection that can be remotely and nearly real-time shared with professionals around the world, the wireless robot may be navigated through a liquid-filled power transformer. Another first in the world, this creative strategy improves safety by lowering worker risk, decreases downtime because inspections are completed in hours rather than days, and lowers inspection expenses by at least 50%.

DIGITAL HANDHELD POWER TRANSFORMER MARKET COMPANY PROFILES

• ABB
• Yokogawa
• Qualitrol Corp
• Vaisala
• India Mart

THIS DIGITAL HANDHELD POWER TRANSFORMER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Digital Handheld Power Transformer are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Digital Handheld Power Transformer and key vendor selection criteria
3. Where is the Digital Handheld Power Transformer manufactured? What is the average margin per unit?
4. Market share of Global Digital Handheld Power Transformer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Digital Handheld Power Transformer in-house
6. key predictions for next 5 years in Global Digital Handheld Power Transformer market
7. Average B-2-B Digital Handheld Power Transformer market price in all segments
8. Latest trends in Digital Handheld Power Transformer market, by every market segment
9. The market size (both volume and value) of the Digital Handheld Power Transformer market in 2024-2030 and every year in between?
10. Production breakup of Digital Handheld Power Transformer market, by suppliers and their OEM relationship