Global Phase Shifting Transformer Market 2024-2030

    In Stock

    PHASE SHIFTING TRANSFORMER MARKET

     

    KEY FINDINGS

    • Entergy Texas plans to invest $2.1 Billion in new generation, transmission, and distribution upgrades to meet growing demand, replace aging infrastructure, and improve service to customers across southeast Texas in the next three years.
    • In 2019, ABB has won a contract worth $30 million from Amprion GmbH, Germany to supply phase shift transformers.
    • In 2018, SGB-SMIT Group acquired SMIT Power Matla (previously known as Powertech Transformers) located in Rivonia, South Africa which manufacture medium power transformer.
    • ABB will supply an 800-megavolt ampere (MVA) phase shifting transformer to Swissgrid.
    • Elektroinštitut Milan Vidmar (EIMV), Slovenia to install two phase shift transformers for a contract under TRANSCO, Abu Dhabi.
    • Demand for interconnected grid is increasing across the world and phase shifting transformers are the most cost-efficient option instead of upgrading expensive grids.
    • HITACHI ABB Power grid will install intelligent transformers to bolster TATA Steel operations in India.

     

    INTRODUCTION

    A phase-shifting transformer is a device for controlling the power flow through specific lines in a complex power transmission network. The basic function of a phase-shifting transformer is to change the effective phase displacement between the input voltage and the output voltage of a transmission line, thus controlling the amount of active power that can flow in the line.

     

    In an increasingly complex power-generation landscape and a growing energy market, the capability to control the flow of power is fast gaining in crucial importance. This is the area, where phase-shifting transformers (PST) excel.

     

    Grid operators use this capability to increase the transmission capacity of the network, while minimizing expensive grid expansions. These transformers protect lines, make grids more reliable, and reduce transmission losses. And they are among the most economic and cost-efficient solutions for power-flow management out there.

     

     

    infographic: Phase Shifting Transformer Market, Phase Shifting Transformer Market size, Phase Shifting Transformer Market trends and forecast, Phase Shifting Transformer Market risks, Phase Shifting Transformer Market report

    Phase Shifting Transformers can be Single-Core or Two-Core, Single tank or Two tank, Symmetrical or Non-symmetrical, 90° regulation or 60° regulation design, based on different parameters.

     

    The most common types are: Two-core design in symmetric or asymmetric configuration and Single-core design in symmetric or asymmetric configuration. Both of them allow a possible addition of an in-phase voltage regulation, to compensate the net voltage fluctuation or to combine in-phase and quadrature regulation.

     

    Phase-shifting transformers are highly complex units. To meet the unique needs of each specific customer, phase shifters are often custom-designed and manufactured to specification.

     

    MARKET SEGMENTATION

    Market segmentation of Global Phase shifting transformer has been done on the basis of-

     

    1. POWER RATING

    Based on the power rating of the transformers, phase shifting transformers can be classified as-

    • BELOW 400 MVA
    • 400 MVA- 800 MVA
    • ABOVE 800 MVA

     

     

    1. BY TYPES

    Depending on the rating, single core or two core designs are used.

     

    • SINGLE CORE DESIGN

    The advantage of the single-core design is simplicity and economy. This can be further classified as symmetrical and unsymmetrical PST.

     

    • TWO CORE DESIGN

    For smaller ratings and lower voltages, two-core PSTs can be built into a single tank, while larger ratings and higher-voltage PSTs require a two-tank design. The advantage of a two-core design is the flexibility in selecting the step voltage and the current of the regulating winding.

     

     

    1. BY APPLICATION
    • Re-distribution of power in parallel lines (both ends are at same voltage level)
    • Direct power from one voltage level to another (auto-transformer + PST)

     

    1. BY GEOGRAPHY

    • AMERICA (US, CANADA, MEXICO, BRAZIL)
    • ASIA PACIFIC (INDIA, CHINA, JAPAN, AUSTRALIA)
    • EUROPE (GERMANY, FRANCE, UK, ITALY, RUSSIA)
    • MIDDLE EAST (EGYPT, ISREAL, SOUTH AFRICA)

    ABB’s High-performance phase-shifting transformers to better control integrating of offshore wind power into the electricity grid / Potential to offer savings of more than $110 million over 3 years for Germany.

     

    MAJOR PLAYERS

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
    0
      0
      Your Cart
      Your cart is emptyReturn to Shop