technavio – infiniti research · 2012-2016 transformer monitoring market in the us 01. market...

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2012-2016

Sample - Transformer Monitoring Market

in the US

technavio insights

2012-2016


in the US

2012-2016 Transformer Monitoring Market in the US

01. Market Research Methodology

Market Research Process

TechNavio identifies the key opportunities in leading markets and develops various

methodologies for data collection and analysis. The micro, meso, and macroeconomic

indicators of the market are studied to ascertain the dynamics of the market.

Research Design

TechNavio’s reports are based on in-depth qualitative and quantitative analyses of various

markets. Qualitative analysis involves the application of various projection and sampling

techniques, whereas quantitative analysis involves primary interviews, surveys, and vendor

briefings. The data thus gathered is validated through experts' opinions. Based on research

results and technical insights, TechNavio analysts refine the existing methodologies to analyze

the various aspects of the market.

Exhibit 1: Market Research Methodology

Source: TechNavio Analysis

Transformer

Monitoring Market in

the US 2012-2016

2012-2016


in the US


TechNavio analysts gather inputs from various vendors and industry experts and verify the

information collected with databases, financial reports, industry papers, and various other

secondary sources. The impact of global economic conditions and other macroeconomic

indicators are also considered while assessing the market.

Research Methodology

TechNavio analysts have adopted primary as well as secondary research techniques to

ascertain the size and vendor landscape of the Transformer Monitoring Market in the US. The

information is obtained using a combination of the bottom-up and top-down approaches,

besides using in-house market modeling tools. The data is then corroborated with data obtained

from various market participants and stakeholders across the value chain, including vendors,

service providers, distributors, re-sellers, and end-users.

2012-2016


in the US


02. Executive Summary

Market Size 2012: US$ XXX million

2016: US$ XXX million

Growth Rate XXX percent CAGR

Key Leading Country The US

Key Customer

Segments

Utilities Industry

Energy and Power Industry

Oil and Gas Industry

Drivers

Increasing Demand for Monitoring Systems in Secondary

Transformers

Driver 2

Driver 3

Need to Reduce Breakdown Errors and Costs

Challenges

High Price of Transformer Monitoring Systems

Challenge 2

Challenge 3

Trends

Deployment of Smart Transformer Monitoring Systems

Trend 2

Trend 3

Increase in Mergers and Acquisitions

Buying Criteria

Price

Durability

Maintenance and Support

Key Vendors

ABB Ltd.

Alstom SA

GE Co.

Schneider Electric SA

2012-2016


in the US


03. Scope of the Report

Market Overview

This report covers the present scenario and the growth prospects of the Transformer Monitoring

market in the US for the period 2012-2016. To calculate the market size, the report considers the

revenue generated through the sales of transformer power monitoring systems, which includes

six basic types of power monitoring devices and sensors, namely, transformer monitors, DGA,

RTD, bushing monitors, secondary monitors, and fiber-optic temperature sensors. The market is

highly fragmented with the presence of a large number of small, medium-sized, and

international vendors. Therefore, the report does not provide the market share of the vendors; it

only lists the key vendors in the market. In addition, it discusses the major drivers that influence

the growth of the Transformer Monitoring market in the US. It also outlines the challenges faced

by the vendors and the market at large, as well as the key trends emerging in the market.

03.1 Product Offerings

Some of the products offered by the major vendors in the Transformer Monitoring market in the

US are listed below:

Company Products Offered

ABB Ltd. TEC online monitoring system

Alstom SA MS 2000, MS 3000

GE Co. Intellix BMT 300, Intellix MO150, Kelman TRANSPORTX,

Perception Transformer Monitoring and Diagnostic Software

Schneider Electric SA PowerLogic series

2012-2016


in the US


04. Introduction

Transformer monitoring systems are the equipment used for monitoring the health of

transformers. The transformer monitoring systems obtain, process, examine, and communicate

the important parameters to a centralized data center to analyze the performance of

transformers. The Utilities, Energy and Power, and Oil and Gas industries are the major end-users

of transformer monitoring systems.

ABB Ltd., Alstom SA, GE Co., and Schneider Electric SA were major vendors in the Transformer

Monitoring market in the US in 2012. The growth of the Transformer Monitoring market in the US is

mainly driven by secondary transformers. The market is expected to witness an improved CAGR

of XXX percent during the period 2012-2016.

The Transformer Monitoring market in the US is driven by several growth factors. The increasing

demand for monitoring systems in secondary transformers is one of the major drivers in the

Transformer Monitoring market in the US. The Secondary Transformer segment of the Transformer

Monitoring market in the US is expected to grow at a CAGR of 229.96 percent. In addition, the

need to increase predictability is also one of the major drivers in the Transformer Monitoring

market in the US.

Despite these drivers, the Transformer Monitoring market in the US also faces some growth

inhibitors. The high price of transformer monitoring systems is one of the major challenges in the

market. The installation of transformer monitoring systems requires a huge amount of money,

which makes end-users reluctant to adopt monitoring systems. In addition, the increasing

competition among vendors is also one of the major challenges in the Transformer Monitoring

market in the US.

Note: Information included in this sample are extracts of the full report.

2012-2016


in the US


04.1 Key Questions Answered in this Report

What will the market size be in 2016 and what will be the growth rate?

What are key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by key vendors?

What are the strengths and weaknesses of each of these key vendors?

2012-2016


in the US


05. Market Landscape

05.1 Market Size and Forecast

The Transformer Monitoring market in the US was valued at US$ XXX million in 2012 and is

expected to reach US$ XXX million by 2016, growing at a CAGR of XXX percent.

Exhibit 2: Transformer Monitoring Market in the US 2012-2016 (US$ million)

Actual exhibits are available in full report only

Source: TechNavio Analysis

The Transformer Monitoring market is growing at a rapid rate. The increasing demand for

transformer monitoring devices in secondary transformers is one of the major driving forces in the

market.

The need to increase predictability is also one of the major drivers in the Transformer Monitoring

market in the US. In the US, around XXX percent of large power transformers are more than XXX

years old; the market is therefore witnessing a huge demand for transformer monitoring systems

for this aging population of transformers. Transformer monitoring systems help smooth the

functioning of transformers by monitoring their operation.


2012-2016


in the US


06. Vendor Landscape

The Transformer Monitoring market in the US is highly fragmented with a presence of a large

number of vendors across the globe. The market is characterized by the presence of well-

diversified international and regional vendors.

ABB Ltd., Alstom SA, GE Co., and Schneider Electric SA are some of the major vendors in the

Transformer Monitoring market in the US.

In 2012, ABB was the prominent vendor in the Global Transformer market and has made a very

early presence in the Transformer Monitoring market in the US.

Alstom also held a major share in the Transformer Monitoring market in the US in 2012. The

company offers MS 2000 and MS 3000 transformer monitoring systems that offer maximum

assistance to precisely monitor the transformer data and manage its lifetime operation.

GE was also one of the major vendors in the Transformer Monitoring market in the US in 2012. It

offers a Perception software platform that keeps updating the variable needs of today's utility

and power transformer users.

In 2012, Schneider Electric was also one of the major vendors in the Transformer Monitoring

market in the US. The company offers PowerLogic which offers excellent details for grid

operations.


2012-2016


in the US


07. Market Growth Drivers

The Transformer Monitoring market in the US is driven by several growth factors. The increasing

demand for monitoring systems in secondary transformers is one of the major drivers in the

Transformer Monitoring market in the US.

Some of the major drivers in the Transformer Monitoring market in the US are discussed below:

Increasing Demand for Monitoring Systems in Secondary Transformers

Driver 2

Driver 3

Driver 4

Increasing Demand for Monitoring Systems in Secondary Transformers

The increasing demand for monitoring systems in secondary transformers is one of the major

drivers in the Transformer Monitoring market in the US. The secondary transformers, having

capacity from 10 kVA to 5 MVA, are generally used in customer premises. The secondary

voltage range varies from 120 V to 69 kV. The adoption of secondary transformers is increasing in

the US, which in turn creates market opportunities for the Transformer Monitoring market vendors.


2012-2016


in the US


08. Market Challenges

Despite the growth drivers, the Transformer Monitoring market in the US also faces some growth

inhibitors. The high price of transformer monitoring systems is one of the major challenges in the

market.

Some of the major challenges in the Transformer Monitoring market in the US are discussed

below:


Challenge 2

Challenge 3


The high price of transformer monitoring systems is one of the major challenges in the

Transformer Monitoring market in the US. Transformer monitoring systems typically include DGA

monitors, advanced transformer monitors, temperature sensing devices, bushing monitors, and

diagnosis and analysis software. The installation of transformer monitoring systems leads to a

huge amount of money that makes end-users reluctant to use these monitoring systems.


2012-2016


in the US


09. Market Trends

Despite the challenges, the Transformer Monitoring market in the US shows immense potential

and is expected to grow over the forecast period. This is because of the certain positive trends in

the market. The deployment of smart transformer monitoring systems is one of the emerging

trends in the market.

Some of the major trends in the Transformer Monitoring market in the US are discussed below:


Trend 2

Trend 3

Trend 4


The deployment of smart transformer monitoring systems is one of the emerging trends in the

Transformer Monitoring market in the US. Several market vendors are in the process of

developing advanced transformers with increased functionalities and reduced losses in order to

sustain their position in the competitive business environment. The vendors are also increasingly

focusing on the deployment of smart transformer monitoring systems while manufacturing the

new transformers.


2012-2016


in the US


10. Key Vendor Analysis

10.1 ABB Ltd.

Business Overview

ABB Ltd., headquartered in Zurich, Switzerland, is a leading global automation technology

provider. It is the market leader in the Global Plant Automation Solution market with 117,000

employees. The company is spread over 100 countries and offers a wide range of engineering

applications and low-voltage products for the Power, Process Automation, and Automation

industries. The major revenue of the company comes from Europe, followed by the Americas.

Key Information

Company Details Description

Product Portfolio TEC online monitoring system

Key Highlights Early in 2011, Oil India Ltd., one of India's leading energy

companies, gave an order for a SCADA system to ABB's

Process Automation division

Key Mergers and Acquisitions July 2011: ABB acquired Mincom Pty Ltd., a privately-

owned software company that develops software

solutions for mining and other asset-intensive industries

2012-2016


in the US


SWOT Analysis

Strengths

ABB has a wide range of products to

provide comprehensive solutions to

Process industries

Strength 2

Strength 3

Weakness

Weakness 1

Opportunities

Opportunity 1

Opportunity 2

Opportunity 3

Threat

Threat 1

2012-2016


in the US


11. Sample Pages from the Report

2012-2016


in the US


2012-2016


in the US


01. Executive Summary ......................................................................................... 1

02. List of Abbreviations ......................................................................................... 2

03. Introduction ....................................................................................................... 3

04. Market Research Methodology .................................................................... 4

Market Research Process ...................................................................................... 4

Research Design ...................................................................................................... 4

Research Methodology ......................................................................................... 5

05. Scope of the Report ........................................................................................ 6

Market Overview ..................................................................................................... 6

Product Offerings .................................................................................................... 6

06. Market Landscape .......................................................................................... 7

06.1 Market Size and Forecast........................................................................... 7

06.2 Five Forces Analysis ..................................................................................... 9

07. Application Segmentation ........................................................................... 10

07.1 Power Transformer Segment in the Transformer Monitoring

Market in the US ......................................................................................... 12

07.2 Distribution Transformer Segment of the Transformer

Monitoring Market in the US .................................................................... 13

07.3 Secondary Transformer Segment of the Transformer

Monitoring Market in the US .................................................................... 14

08. Vendor Landscape ........................................................................................ 15

09. Buying Criteria ................................................................................................. 18

10. Market Growth Drivers ................................................................................... 19

11. Drivers and their Impact ............................................................................... 21

12. Market Challenges ........................................................................................ 22

13. Impact of Drivers and Challenges .............................................................. 24

TABLE OF CONTENT

2012-2016


in the US


14. Market Trends .................................................................................................. 25

15. Key Vendor Analysis ...................................................................................... 27

15.1 ABB Ltd. ........................................................................................................ 27

Business Overview ................................................................................................. 27

Business Segments ................................................................................................. 27

Key Information...................................................................................................... 28

SWOT Analysis ......................................................................................................... 29

15.2 Alstom SA .................................................................................................... 30



Key Information...................................................................................................... 31

SWOT Analysis ......................................................................................................... 32

15.3 GE Co. ......................................................................................................... 33



Key Information...................................................................................................... 34

SWOT Analysis ......................................................................................................... 35

15.4 Schneider Electric SA ................................................................................ 36



Key Information...................................................................................................... 38

SWOT Analysis ......................................................................................................... 39

16. Other Reports in this Series ............................................................................ 40

2012-2016


in the US


Exhibit 1: Market Research Methodology ..................................................... 4

Exhibit 2: Transformer Monitoring Market in the US 2012-2016

(US$ million) ........................................................................................ 7

Exhibit 3: Transformer Monitoring Market in the US by

Application Segmentation 2012 .................................................. 10

Exhibit 4: Transformer Monitoring Market in the US by

Application Segmentation 2012-2016 ........................................ 11

Exhibit 5: Power Transformer Segment of the Transformer

Monitoring Market in the US 2012 (US$ million) ......................... 12

Exhibit 6: Distribution Transformer Segment of the Transformer

Monitoring Market in the US 2012-2016 (US$ million) ................ 13

Exhibit 7: Secondary Transformer Segment in the Transformer

Monitoring Market in the US 2012-2016 (US$ million) ................ 14

Exhibit 8: Transformer Monitoring Market in the US by Vendor

Categorization 2012 ....................................................................... 16

EXHIBITS


2012-2016

Sample - Transformer Monitoring Market in the

US

12. Other Reports in this Series

Global Coriolis Flowmeter Market 2012-2016

Global Inverter Market 2012-2016

Global Infrared Imaging Market 2012-2016

Global Smart Glass Market 2012-2016

Global Liquid Analytical Instrument Market 2012-2016

Global Magnetic Flowmeter Market 2012-2016

Global Hydrogen Gas Market 2012-2016

Global AC and DC Drives Market 2012-2016

Global Articulated Robot Market 2012-2016

Global Nonwoven Filter Media Market 2012-2016

Global SCARA Robots Market 2012-2016

Global Computer-aided Engineering Market 2012-2016

Global Computer-aided Design Market 2012-2016

Global Underwater Robotics Market 2012-2016

Global Plant Design and Engineering Applications Market 2012-2016

Global Geographical Information Systems Market 2012-2016

Global Physical Vapor Deposition Market 2012-2016

Global Industrial Boiler Market 2012-2016

Global Atomic Layer Deposition Market 2012-2016

Global Turbine Flowmeter Market 2012-2016


2012-2016

Sample - Transformer Monitoring Market in the

US

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reliable, but we make no representation as to its accuracy or completeness. Any

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