Latest research report on “Transformer Monitoring System Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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A transformer is an electrical equipment that helps in varying the voltage of the electric current. This stepping up and stepping down of the voltage is especially important when a safe amount of electric current is required to be supplied to the end users. In order to ensure continuous and safe transmission of electricity from the power generation plant to the end users, the transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a transformer monitoring system within a transformer housing. Requirement of a transformer monitoring system is especially important when faults and anomalies within the grid or circuit have to be detected before the complete breakdown of the transformer occurs.
This report contains market size and forecasts of Transformer Monitoring System in global, including the following market information:
Global Transformer Monitoring System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transformer Monitoring System Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Transformer Monitoring System companies in 2021 (%)
The global Transformer Monitoring System market was valued at 2305.3 million in 2021 and is projected to reach US$ 2960.1 million by 2028, at a CAGR of 3.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bushing Monitoring Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformer Monitoring System include GE, Hitachi ABB, Siemens, Doble Engineering Company, Eaton, Weidmann, Mitsubishi, Qualitrol and Koncar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Transformer Monitoring System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Transformer Monitoring System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Transformer Monitoring System Market Segment Percentages, by Type, 2021 (%)
– Bushing Monitoring
– DGA Devices
– Partial Discharge (PD)
Global Transformer Monitoring System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Transformer Monitoring System Market Segment Percentages, by Application, 2021 (%)
– Power Transformers
– Distribution Transformers
Global Transformer Monitoring System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Transformer Monitoring System Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Transformer Monitoring System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Transformer Monitoring System revenues share in global market, 2021 (%)
Key companies Transformer Monitoring System sales in global market, 2017-2022 (Estimated), (Units)
Key companies Transformer Monitoring System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Hitachi ABB
– Doble Engineering Company
– Schweitzer Engineering Laboratories
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