How Will Smart Grid Transformer Technologies Stabilize an Aging U.S. Electric
GTM Research Publishes Report on Transformer Monitoring Hardware, Software,
Analytics and Communications
BOSTON, Feb. 7, 2013 (GLOBE NEWSWIRE) -- With Super Bowl-scale grid failure
making headlines in the U.S. this week, attention has turned to smart grid
technologies that offer electric utilities greater reliability, efficiency and
predictability. While the cause of the Super Bowl outage continues to be
debated, GTM Research today publishes its latest smart grid market report on
transformer monitoring; the smart grid transformer market is a cocktail of
monitors, sensors, software, diagnostics and analytics solutions that promises
to guard against outages and better protect utility grid assets. GTM Research
expects strong growth from the U.S. market for transformer monitoring
hardware, increasing from its current valuation of $112 million annually to
$755 million by 2020.
At over 140 pages, Transformer Monitoring Markets, 2013-2020: Technologies,
Forecasts, and Leading Vendors is the first report of its kind to analyze both
the technology and competitive landscape of transformer markets in the U.S.
This definitive report offers technology-specific analysis to 2020 for:
*Transformer monitors and sensors
*Dissolved-gas analysis (DGA) monitors
*Bushing and Partial Discharge Systems
*Power and distribution transformer software
*Secondary transformer software solutions
*Geospatial analytics software solutions
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The report also contains deep vendor analysis, comparison and rankings at the
individual product level for many of the components listed above for power,
distribution and secondary transformers.
FIGURE: Transformer Technology Definitions & Report Scope
"Utilities must invest in monitors, sensors and software for their new and
aging transformers," said Ben Kellison, the report's author and a smart grid
analyst at GTM Research. "They are the backbone of the U.S. alternating
current grid, and they range from one of the most expensive utility assets to
low-cost street corner devices manipulating power to ensure our toasters work
In the U.S., a variety of factors, including an aging workforce, aging assets,
and the increasing volume of data created by smarter devices on the grid such
as smart meters and distribution automation hardware, is creating the need to
invest in intelligent transformers and software. The outfitting of new and the
retrofitting of old power, distribution and secondary transformers with
additional sensors and monitoring equipment will take quite some time, as they
are replaced gradually as they fail or are phased out due to perceived or
verified insulation aging.
According to GTM Research, transformer technologies are not typically rolled
out in waves at utilities, but over the last few years notable exceptions have
arisen in North America including San Diego Gas and Electric's 2020
Reliability Plan, Arizona Public Service's TOAN program, American Electric
Power's adoption of ABB's Asset Health Center Solution, and Toronto Hydro's
pilot secondary transformer monitoring program. Instead, monitoring is
generally added at the most critical or expensive assets or added into
specifications during the acquisition of new transformers.
"We see transformer monitoring and software markets as high-growth areas
driven by the strength of the secondary transformer market," said Kellison.
"Grid giants like ABB, Alstom, GE, Schneider and S &C Electric have already
caught on to the opportunity that transformer technology offers and are
well-positioned to lead the market."
Kellison noted that power transformer sensor hardware continues to consolidate
toward wider vendor ecosystems that can provide a utility with options as well
as a more complete solution with "a single throat to choke".
In addition, the software for both power and secondary transformer monitoring
continues to see new entrants leveraging different strengths and sales
channels to gain a quick path to market.
FIGURE: Transformer Monitoring Taxonomy 2013
Companies analyzed in the report include: ABB • Alstom Grid • Ambient • BPL
Global • Cooper Power Systems • Doble Engineering • Dynamic Ratings • Echelon•
Elster • General Electric • GRIDiant • GridSense • Infosys • LumaSense •
Morgan Schaffer • Qualitrol • S &C Electric • Schneider Electric • Schweitzer
Engineering Laboratories • Siemens • Space-Time Insight • Ventyx
For more information on this report and to purchase a copy, visit
ABOUT GTM RESEARCH
GTM Research, a division of Greentech Media, provides critical and timely
market analysis in the form of research reports, data services, advisory
services and strategic consulting. GTM Research's analysis also underpins
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energy industry including solar power, smart grid, energy storage, energy
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CONTACT: Charlene Fowler
Research Marketing Coordinator
+1 415 777 9921
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