Press release
Amorphous Metal Transformer Market New Innovative Solutions to Boost Growth 2025
The power grid is highly essential to the infrastructure of our day-to-day lives; there is a strong need for measures to achieve greater efficiency in the grid and, by extension, the grid equipment and systems, as guarding the global environment is becoming a matter of urgency. Amorphous metal transformers are typical transformers with a minute alteration to their magnetic core. An amorphous metal transformer uses an amorphous metal core instead of an ordinary metal core. An amorphous metal lacks the crystalline structure, unlike its conventional substitutes. Amorphous metals resemble the crystalline structure as that of glass, and hence, are also known as glassy metals or metglass. These metals demonstrate excellent strength and superior magnetic properties, which make them ideal for usage in transformers. Transformers with amorphous metal cores are known to provide better efficiency and substantially reduce transmission losses, which in turn saves considerable energy and reduces carbon foot print on the environment.Read Report Overview @
https://www.transparencymarketresearch.com/amorphous-metal-transformer-market.html
The key factor driving the amorphous metal transformer market is the energy efficiency and power saving that it offers over conventional power transformers. A substantial quanta of electricity is usually lost to and during transmission of power, these losses occur due to wire resistance and stepping up and down of voltage in a transformer. Eddy current and hysteresis losses, collectively called as core losses, are largely reduced, if not eliminated by employing an amorphous metal transformer to the grid. These savings on a global level can help reduce the strain on the environment and reduce the carbon footprint. Furthermore, the U.S. Department of Energy and similar agencies are enacting increasingly stringent efficiency standards on power transmission equipment, creating a substantial opportunity for major amorphous metal transformer manufacturers. The other regions are also anticipated to exhibit a similar regulation trend, creating a considerable demand for amorphous metal transformers.
Based on the type of transformer, the amorphous metal transformer market can be segmented into single phase and three phase. Three phase is anticipated to be a major segment of the market, as a majority of commercial electricity transmission is three phase-based. Based on power rating, the overall amorphous metal transformer market can be segregated into small (up to 100 kVA) power rating transformers, medium (101 to 500 kVA) power rating transformers, and large (Above 500 kVA) power rating transformers. The type of amorphous metal transformer used varies according to the load and application. Based on application, the amorphous metal transformer can be classified into smart grid, wind energy, solar energy, and others. With renewables on the rise, industry is looking for saving costs in auxiliary equipment such as transformers and similar distribution equipment. Smart grids are gaining traction in developed as well as developing economies.
Based on geography, the global amorphous metal transformer market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America, followed by Europe, is anticipated to be a key market for amorphous metal transformer. These regions have well-established power grids. However, the aging grid coupled with stringent government norms regarding the efficiency of power transmission equipment is offering exciting opportunities for amorphous metal transformer manufacturers. The replacement and conversion of existing grid into smart grid is a key factor driving the market in these regions. While, developing nations such as India, China, Brazil, and countries in Southeast Asia are boosting the development of their power infrastructure, which in turn is offering significant opportunity for amorphous metal transformer consumption.
Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=42674
Prominent players operating in the global amorphous metal transformer market include Hitachi, Ltd., Rhino Electric Co., Ltd., Kotsons, and Wolong Holding Group Co., Ltd.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Amorphous Metal Transformer Market New Innovative Solutions to Boost Growth 2025 here
News-ID: 1054329 • Views: …
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction
Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,…
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control…
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights
The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers.
The demand for crude oil is increasing…
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction
In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027
Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon…
More Releases for Amorphous
Amorphous Hydrogel Dressings Market - Revolutionizing wound management with amor …
Newark, New Castle, USA: The "Amorphous Hydrogel Dressings Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
Amorphous Hydrogel Dressings Market: https://www.growthplusreports.com/report/amorphous-hydrogel-dressings-market/8726
This latest report researches the industry structure,…
Amorphous Soft Magnetic Materials Market: Hitachi Metals, Vacuumschmelze GmbH, C …
Amorphous Soft Magnetic Materials Market research Report assists in comprehending the dynamics and structure of the global Amorphous Soft Magnetic Materials Market by studying market segments and forecasting market size. The research is an investor's guide with a clear depiction of competition analysis of top companies in the global Amorphous Soft Magnetic Materials Market by price, financial situation, product portfolio, growth plans, and regional presence. The report aims to comprehensively…
Coronavirus (COVID-19) : Amorphous Iron (Fe Amorphous) Market News, Analysis and …
The study focuses on the primary growth factors and developments that will help the market maintain its momentum. The study includes a detailed overview of growth trends as well as a comprehensive evaluation of sales opportunities across main goods, application/end-use industries, and technology segments in different regions. It gives a detailed picture of the different segments' shares or sizes in every year of the market growth. The Amorphous Iron (Fe…
Amorphous Iron (Fe Amorphous) Market to Expand at a Healthy CAGR of 6.3% through …
According a recent study published by Fact.MR, the amorphous iron (Fe amorphous) market is expected to envisage 6% volume growth in 2019 y-o-y over 2018 to surpass 2,427 tons in sales.
Click Here To get a Sample (Including Full TOC, Table & Figures)
https://www.factmr.com/connectus/sample?flag=S&rep_id=2472
The study finds that demand for amorphous iron has increased significantly over the past few years as end-users are aiming to reduce their dependency on rare-earth magnets,…
Global Amorphous Fluoropolymer Depth Research 2019
Major producers of amorphous fluoropolymer in the worldwide are Chemours, AGC and Solvay. The largest producing of amorphous fluoropolymer is Chemours, accounting about 44.66% of global production in 2017. Solvay accounts for 29.71% of Global production and AGC accounts for 25.63% of global production in 2017.
Global amorphous fluoropolymer market would grow with CAGR of 4.19% from 2019 to 2025. Annual consumption amount of amorphous fluoropolymer would reach to 2322 Kg…
Amorphous Alloy Core Market 2019 | World Market Analysis 2025 | Market Leaders …
Amorphous Alloy Core Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/123624
UpMarketResearch offers a latest published report on “Global Amorphous Alloy Core Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a…