Frost & Sullivan market leadership award for ABB transformers

2010-12-28 - ABB has been chosen for the 2010 Frost & Sullivan Europe Market Penetration Leadership Award for Power and Distribution Transformers. Some of the key criteria for this decision included ABB’s proactive total cost of ownership strategy, global reach and local focus, green solutions and a wide range of quality products backed by lifecycle services.

The Frost & Sullivan Award for Market Penetration Leadership Award is presented each year to the company that has demonstrated excellence in capturing the fastest measured rate of change of market share within its industry. This award recognizes how fast a company increases its penetration of a market, in terms of revenues or units as specified.

“As part of our responsibility as a market leader, we invest significantly in R&D. We have introduced several products and solutions to enhance grid reliability, improve performance, maximize efficiency and lower environmental impact”, said Markus Heimbach, Head of Business Unit Transformers.

ABB’s recently introduced ‘green transformer’ program has been conceived with a vision of developing sustainable energy solutions. It is driven by the ‘3 E’s - efficiency, environment and economy, seeking to reduce energy losses, improve energy efficiency and minimize environmental impact.

For instance, ABB has launched BIOTEMP® transformers that use a proprietary biodegradable and high temperature insulation fluid, a range of amorphous core transformers that reduce CO2 emissions and low volatile organic compounds (VOC) based painting systems reducing solvent emissions and energy costs.

“The major factor that sets ABB apart from its competitors is its wide transformer portfolio,” said Frost & Sullivan Research Analyst Vikas Ravindran. “State-of-the-art technology and constant innovation have enabled it to garner a significant share of the market. For instance, its latest ‘green’ transformer range and total cost of ownership approach are setting new industry benchmarks.”

In addition to a comprehensive range of power, distribution, traction and a host of other special application transformers, ABB also offers an array of components and services. Scalability, high performance and innovative features allow the company to target a much wider customer base across geographies. These transformer products and solutions meet international and local standards including the American National Standard Institute (ANSI) and International Electrotechnical Commission (IEC).

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    Frost & Sullivan Europe Market Penetration Leadership Award for Power and Distribution Transformers is presented to ABB for its total cost of ownership strategy, global reach and local focus, green solutions and a wide range of quality products backed by lifecycle services.

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