Smart Transformers Market Witnessing High Growth By Key Players

Smart transformers are transformers which integrates a general transformer’s features with monitoring software and communication technology among others. Power transformers are one of the most important and complex component of the electricity generation and transmission process. An owner of a power transformer has to face certain challenges such as high maintenance cost for extending life of a transformer among others.  Failure of a power transformer can lead to dire consequences such as revenue loss, life loss and legal consequences among others.

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Such challenges have led to the advent of smart transformers. This new-age transformers are designed to allow the maintenance of the power load independently. They can regulate the voltage constantly, while maintaining contact with the smart grid infrastructure, and deliver the optimal amount of power as and when required. They are programmed to allow remote monitoring and can act on any power fluctuations instantly. Provision for remote monitoring of critical components of the transformer, through in-built sensors, increases reliability of continuous power distribution and reduces chances of transformer failure. Faults can be recognized remotely on a real-time basis and actions can be taken faster. The smart transformers are also more environment friendly as they reduce energy consumption and thus reduce the emission of green house gases. They are also equipped to protect electrical equipments by safeguarding them from voltage fluctuations leading to increase in longevity of those equipments. 

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