For a long time, the power transformer market has been characterized by oversupply, with delivery times typically ranging from 6 to 8 months after an order was placed. However, in recent years, the rapid development of data centers has driven a surge in power demand, causing a flood of orders from power companies.

Recently, Hammond Power Solutions (HPS), a manufacturer of dry-type transformers and power quality solutions, announced the launch of its HPS Smart Transformer, which integrates Industrial Internet of Things (IIoT) power monitoring features.