GLOBAL PHOTOVOLTAIC STEP-UP TRANSFORMER MARKET

INTRODUCTION

 A photovoltaic step-up transformer, often known as a PV transformer, is a type of electrical transformer used to raise the voltage of a solar system's direct current (DC) output. This is required to link the PV system to the power grid, which frequently runs at a greater voltage.

Although they can be employed in smaller residential and commercial systems, PV transformers are primarily used in utility-scale PV systems. The size of the PV system and the voltage at which it is linked to the grid will determine the capacity and size of the PV transformer.

PV transformers work by inducing a voltage in a second coil using the magnetic field created by an electric current. The primary coil is the first coil, while the secondary coil is the second coil. The voltage ratio of the transformer is determined by the ratio of the turns in the primary coil to the turns in the secondary coil.

The voltage ratio of a PV transformer, for instance, will be 10:1 if the primary coil has 100 turns and the secondary coil has 10 turns. This indicates that the secondary coil will output 10 volts for every 1 volt applied to the primary coil.

A range of voltage ratios are offered for PV transformers. Utility-scale PV systems often use voltage ratios of 10:1, 15:1, and 20:1. The voltage at which the PV system is connected to the grid and the desired output voltage of the inverter are used to determine the voltage ratio of a PV transformer.

Any PV system that is connected to the electrical grid must include PV transformers. They are essential in ensuring that the PV system's DC output is converted to AC at the right voltage for grid connection.

GLOBAL PHOTOVOLTAIC STEP-UP TRANSFORMER MARKET SIZE AND FORECAST

The Global Photovoltaic Step-up Transformer market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

The PV Transformer by ABB Company is a brand-new, cutting-edge PV transformer that is intended to outperform earlier models in terms of efficiency and dependability.The transformer has a new design that minimizes losses and a new cooling system that aids in extending the transformer's lifespan.

The Siemens International PV Transformer X2 is a brand-new and cutting-edge PV transformer that is intended to be smaller and simpler to install than prior models.A new design for the transformer decreases its size and weight, and a new installation mechanism makes it simpler to install the transformer on-site.

The Schneider Electric PV Transformer 1000 is a brand-new, cutting-edge PV transformer that is intended to be more affordable than earlier generations. The transformer has a novel design that lowers material costs and a novel manufacturing technique that lowers production costs.

COMPANY PROFILE

• ABB 
• Siemens
• Schneider Electric
• Hitachi
• Toshiba

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Photovoltaic Step-up Transformers are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Photovoltaic Step-up Transformer and key vendor selection criteria
3. Where is the Photovoltaic Step-up Transformer manufactured? What is the average margin per unit?
4. Market share of Global Photovoltaic Step-up Transformer market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Photovoltaic Step-up Transformer in-house
6. key predictions for next 5 years in Global Photovoltaic Step-up Transformer market
7. Average B-2-B Photovoltaic Step-up Transformer market price in all segments
8. Latest trends in Photovoltaic Step-up Transformer market, by every market segment
9. The market size (both volume and value) of the Photovoltaic Step-up Transformer market in 2023-2030 and every year in between?
10. Production breakup of Photovoltaic Step-up Transformer market, by suppliers and their OEM relationship