One of the leading players in transformer industry is Hitachi, which has been coming up with various new technological innovations with dry type of transformers. Hitachi Energy has successfully designed and installed a dry-type transformer that can withstand 100 kV / 550kV Basic Impulse Level (BIL).
- Hitachi is exploring in US dry type transformer market in US.
- Factors driving Hitachi transformers in turn involving US dry type transformers market.
- Competitive landscape of US dry type transformers market with respective of Hitachi
1.Hitachi has a leading position in US dry type transformers market
Hitachi is a leading innovative key player in US dry type transformer market, which is developing dry type transformers with trending technologies and new engineering. Hitachi Energy’s dry and cast transformers are virtually maintenance-free and are manufactured in accordance with industry and international standards including ISO 9001.
Hitachi Energy offers a complete range of power transformers and related components and parts. We have delivered more than 20,000 power transformers (over 2,600 GVA), including over twenty 800 kV UHVDC and over five hundred 735 – 765 kV AC units, to all major global markets.
2.Innovations driving Hitachi transformer and involving US dry type transformers market
Hitachi Energy is a launching a new product a plug-and-play dry-type traction transformer with an integrated cooling system which is designed to reduce CO2 emissions and total operating costs while increasing energy efficiency. Factors such as modernization of transmission and distribution networks are expected to drive the market. In addition, decreasing electricity generation in the country is expected to restrain the growth of the market.
It is driving a sustainable energy future which is powered by innovation and launched CompactCool technology, will unlock new applications for dry-type transformers. This is because CompactCool is a unique combination of safety, low maintenance, and reduced operating costs, all these with up to 50% smaller footprint than standard dry-type transformers.
Hitachi Energy also officially launched flagship dry-type traction transformer: RESIBLOC Rail with voltages up to 15 kV. Since then, the technology has evolved, and its voltage rating has increased up to 25 kV.
3.Competitive landscape and Outlook of Hitachi in US dry type transformers market.
Looking at Hitachi’s competition in dry type transformer in United States there are many players which are contributing in the US dry type transformer market. Key players are ABB Ltd., Kirloskar Electric Co. Ltd., Schneider Electric SA, Siemens Energy Inc., Eaton Corporation Inc etc . They are innovating with new technologies like Siemen Energy launched an innovative dry-type single-phase transformer for pole applications. It has been designed for the technological requirements of the American grid, the new cast-resin distribution transformer provides a reliable and sustainable alternative to oil-filled transformers.
Electricity generation in the United States decreased by 1.3% to 4401.3 Terawatt-hours, in 2019 from 4457.4 Terawatt-hours, in 2018. The energy consumption is expected to increase in the forecast period and may aid the growth of the market. Hence what is needed is smart grid’s investment which is expected to drive the US dry type transformer market. Hitachi is investing in various new projects which will drive the market like CompactCool and RESIBLOC Rail.
Hitachi will grow in future due these reasons and it will have a significant contribution in the US Dry type transformer market.