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The current transformer market is forecasted to grow by USD 457.4 million during 2023-2028, accelerating at a CAGR of 8.09% during the forecast period. The report on the current transformer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by enhanced accuracy of current transformers at extremely low current levels, increased demand for electricity from emerging economies, and modernization of existing transformers.
The current transformer market is segmented as below:
By Type
- Oil immersed
- Dry type
By Application
- Switchgear
- Power transformers
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the current transformer market covers the following areas:
- Current transformer market sizing
- Current transformer market forecast
- Current transformer market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global current transformer market: ABB Ltd., CGS Instrument Transformers, Dalian Huayi Electric Power Electric Appliances Co. Ltd., Eaton Corp. Plc, Fanox Electronic SL, FRER Srl Vle, General Electric Co., Hammond Manufacturing Co. Ltd., Hyosung Corp., IMA Spa, Littelfuse Inc., Megacon Group, Murugappa Group, PREMO SL, Schneider Electric SE, Siemens AG, SOCOMEC Group, Sumitomo Electric Industries Ltd., Trench Ltd., and VACUUMSCHMELZE GmbH and Co. KG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is use of auxiliary current transformers."
According to the report, one of the major drivers for this market is the enhanced accuracy of current transformers at extremely low current levels.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- CGS Instrument Transformers
- Dalian Huayi Electric Power Electric Appliances Co. Ltd.
- Eaton Corp. Plc
- Fanox Electronic SL
- FRER Srl Vle
- General Electric Co.
- Hammond Manufacturing Co. Ltd.
- Hyosung Corp.
- IMA Spa
- Littelfuse Inc.
- Megacon Group
- Murugappa Group
- PREMO SL
- Schneider Electric SE
- Siemens AG
- SOCOMEC Group
- Sumitomo Electric Industries Ltd.
- Trench Ltd.
- VACUUMSCHMELZE GmbH and Co. KG
