Companies Dominating the Smart Transformers Landscape
- EMSc Ltd. (Powerstar)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- BHEL
- ABB Ltd.
- Grid Point, Inc.
- The General Electric Company
- Siemens AG
- Honeywell International Inc.
- Schneider Electric
- Mitsubishi Electric Corporation
- Grid Corporation
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of smart transformers is estimated at USD 3.11 billion.
Smart Transformers Market size was over USD 2.8 billion in 2024 and is anticipated to cross USD 14.03 billion by 2037, witnessing more than 13.2% CAGR during the forecast period i.e., between 2025-2037.
North America industry is anticipated to account for largest revenue share by 2037, owing to increasing adoption of smart grid network in the region.
The major players in the market are Schneider Electric, BHEL, The General Electric Company, Siemens AG, Honeywell International Inc., Grid Point, Inc., Mitsubishi Electric Corporation, and others.