Transformer in Utilities 2.0 – How Tech is Driving the Sector Innovation
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Transformer in Utilities 2.0 Report Overview
The power & utilities sector is adopting AI, robotics, and advanced technologies to optimize transformer operations. Innovations like digital twins and IIoT enable AI monitoring, predictive maintenance, and remote inspections, enhancing grid efficiency and uninterrupted power supply. The report categorizes key innovation areas in power & utilities as emerging, accelerating, and maturing based on their rate of growth in innovation. It also casts light on transformer-related recent developments, deals, patent publications, real-world innovations, and market player insights. The awareness, knowledge, and expertise in these areas can transform business models, decision-making, and strategic thinking that directly influence research and development, collaboration, acquisition, and investment decisions.
| Key Technologies | · Digital Twins
· AI and ML · 5G · Smartification of Analogue Assets · Robotics · Drones · Remote and Predictive Maintenance |
| Key Companies | · Siemens Energy
· INESC TEC · Amp X · hybriData · Vertiv · ABB |
| Leading OEMs in Distribution Transformers | · Hitachi Ltd
· State Grid Yingda Co Ltd · Nanjing Yangdong Electric Co., Ltd. · China Power Equipment, Inc. · China Amorphous Technology Co. Ltd · Howard Industries Inc · Voltamp Transformers Ltd · GE Power · Schneider Electric SE |
| Leading OEMs in Power Transformers | · TBEA Co Ltd
· Hitachi Ltd · TWBB · Siemens AG · Xi’an XD Transformer Co., Ltd. · JSHP Transformer Co Ltd · GE Power · SPX Technologies Inc · Hyundai Heavy Industries Power Systems Co Ltd · Mitsubishi Electric Corp · Toshiba Corp · CG Power and Industrial Solutions Ltd · Hyosung Corp · Others |
| Leading IT Spend for OEMs | · State Grid Corporation of China
· China Southern Power Grid Co Ltd · Saudi Electricity Co · Comision Federal de Electricidad · Xcel Energy Inc · Centrais Eletricas Brasileiras S.A. · Reseau de Transport d’Electricite · Power Grid Corporation of India Ltd · Federal Grid Company of Unified Energy System PJSC · Terna SpA |
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Transformer in Utilities 2.0: Key Mergers and Acquisitions
Digital twins/Predictive maintenance: In May 22, CRG landed $206K in federal funding to develop a new solid-state transformer that aims to improve the resiliency of the nation’s power grid. With this funding, CRG will develop a solid-state transformer with an embedded digital twin for predictive maintenance, a technique that can pinpoint the repair or replacement of electronic components nearing the end of their useful life.
Smart Grid: In December 2021, General Electric (GE) agreed to sell transmission rights across its Linden variable frequency transformer (VFT) smart grid project located at the intersection of the New York City and PJM power grids, in the US. The Linden smart grid project can transfer 315 MW of capacity enough for up to 315,000 homes between PJM and New York City.
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Transformer in Utilities 2.0: Key Patent Grants Related to Emerging Technologies in Transformers
The inventions centered around AI, big data, robotics, and the cloud have dominated patent grants. The primary areas of patent research related to AI in transformers include interconnection topology, intelligent algorithms applied to power transformer monitoring data, and machine learning-based fault detection.
Big data-led patent research focus includes transformer area analysis and management platform, transformer load type analysis, transformer area topology identification, transformer area low-voltage prediction, and transformer health evaluation system. Cloud-driven patent research focus includes distribution transformer temperature monitoring cloud service, cloud-based intelligent distribution transformer terminal, and intelligent power utilization and safety early warning cloud system.
Patent grants related to emerging technologies in transformers (2017-2022)
For more insights on the key patent grants related to emerging technologies in transformers, download a free sample report
Transformer in Utilities 2.0: Real-world Innovations
IIoT: IIoT allows engineers to expand their visibility by remotely monitoring transformers and resolving faults. Companies such as hybriData enable engineers who are unable to continually monitor transformers to incorporate IIoT, which has continuous contact with the assets, particularly during distribution transformer emergency circumstances.
Robotics: Internal mechanisms of power transformers are complicated and deteriorate with time. As a result, internal components may need to be inspected for evidence of aberrant functioning. To address the challenge, ABB has launched its TXplore robot to capture photos and videos and send them wirelessly. This implies that the oil remains in situ throughout the treatment, with no need to empty it or send a specialist into the greasy, sensitive, and hazardous interior.
For more insights on the real-world innovations in the emerging technologies in the transformers sector, download a free sample report
Transformer in Utilities 2.0: Leading OEMs
Some of the leading OEMs in the distribution and power transformer sectors are:-
Distribution Transformer T&D Equipment: Hitachi Ltd, State Grid Yingda Co Ltd, Nanjing Yangdong Electric Co., Ltd., China Power Equipment, Inc., China Amorphous Technology Co. Ltd, Howard Industries Inc, Voltamp Transformers Ltd, GE Power, Schneider Electric SE, and Power Transformer are the leading distribution transformer T&D equipment.
Power Transformer T&D Equipment: TBEA Co Ltd, Hitachi Ltd, TWBB, Siemens AG, Xi’an XD Transformer Co., Ltd., JSHP Transformer Co Ltd, GE Power, SPX Technologies Inc, Hyundai Heavy Industries Power Systems Co Ltd, Mitsubishi Electric Corp, Toshiba Corp, CG Power and Industrial Solutions Ltd, and Hyosung Corp among others are some of the key leading power transformer T&D equipment.
For more insights on the leading OEMs in the distribution and power transformer sector, download a free sample report
Transformer in Utilities 2.0: IT Spend for OEMs
Some of the major companies spending heavily on the OEMs include State Grid Corporation of China, China Southern Power Grid Co Ltd, Saudi Electricity Co, Xcel Energy Inc, Terna SpA, and Power Grid Corporation of India Ltd. In 2022, State Grid Corporation of China spent the highest ICT budget.
IT Spend for OEMs, 2022 (%)
For more insights on the key IT spending for OEMs, download a free sample report
Scope
- Related news – provides transformer updates related to technologies including artificial intelligence and machine learning (AI and ML), digital twins, communication technologies, industrial internet of things (IIoT), smartification of analogue assets, robotics (ground and applied), drones, and remote and predictive maintenance.
- M&A and Partnerships – highlights key acquisitions, investments, and strategic partnerships related to transformers.
- Patent Landscape Analysis – examines patent filings and grants related to emerging technologies in transformers, top authorities, and noteworthy patents.
- Real-world Innovations – showcases tangible innovations and breakthroughs in the realm of transformers.
- Key disruptive forces in the power & utilities sector – explores the emerging, accelerating, and maturing innovation areas with disruptive potential in power & utilities, along with the key players.
- Market players – presents the market share, IT spend, and the spend for select technologies of select transformer OEMs.
Key Highlights
Transformer-related news, deals, patent landscape, real-world innovations, OEM market share, as well as select innovation areas in power & utilities and the disruptive potential of select innovation areas as highlighted by their innovation landscape and key players.
Reasons to Buy
GlobalData’s FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow. These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives. The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of megatrends that can directly influence patenting, collaboration, acquisition, and investment decisions.
ABB
Accenture
Airbus
Alphabet
Amp X
BLP Industry.AI
Boeing
Centrais Eletricas Brasileiras
CG Power and Industrial Solutions
China Amorphous Technology
China Power Equipment
China Southern Power Grid
COMEM Group
Comision Federal de Electricidad
CRG
DEPsys
Eaton
Electro Industries/GaugeTech
Emerson
Enel Green Power Espana
Energy Robotics
Ericsson
EVNNPT
Federal Grid Company of Unified Energy System PJSC
Furukawa
GE
GE Digital
GE Power
General Electric
Grida Energy
Guizhou Power Grid
Hangzhou Kelin Electric
Hitachi
Hitachi Energy
Hive Power
Honeywell
Howard Industries
Huawei
hybriData
Hyosung Corp
Hyundai Heavy Industries Power Systems
IBM
Immersion
Intel
iRobot
Itron
Jiangsu Qita Power
Jiangxi Mingzheng Transformation Equipment
JSHP Transformer
Juniper Networks
LG
MeDICA
Megger Group
Metrycom
Microavia
Microsoft
Mitsubishi Electric
Nanjing Yangdong Electric
New York Power Authority
NYPA
Onepredict
Philips
Power Grid Corporation of India
Qualcomm
Reseau de Transport d'Electricite
Rosseti Lenenergo
Saudi Electricity
Schneider
Schneider Electric
SEL
Sharper Shape
Siemens
Siemens Energy
Simcoa Operations
SPIC Brasil
SPX Technologies Inc
State Grid Corporation of China
State Grid Yingda
Synaptec
TBEA
Terna
Toshiba Corp
TWBB
Txplore
UK Power Networks
Vertiv
Vestas
Vietnam’s National Power Transmission Corporation
Voltamp Transformers
Xcel Energy
Xi’an XD Transformer
Yokogawa
Table of Contents
Frequently asked questions
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Which are the main emerging technologies in the utilities 2.0 industry?
The main emerging technologies in the utilities 2.0 industry are digital twins, AI and ML, 5G, robotics, drones, and remote and predictive maintenance.
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Which company spent the highest budget for the OEMs?
State Grid Corporation of China spend the highest budget for the OEMs.
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Which are the key players developing AI-related technologies for transformers?
Microsoft, IBM, Google, and Intel are some of the leading players developing AI-related technologies.
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Who are the leading patent filers of cloud technologies for transformers?
Immersion Corp, Guizhou Power Grid Corp, LG, and Juniper Networks are among the prominent patent filers of cloud technologies for transformers with most patents filed in China, Europe, and the US.
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