Instrument Transformer Market Analysis:
Instrument Transformer Market is expected to be valued at USD 12.5 Billion, with a CAGR of 2.10% Forecast by 2030
The rising transmission & distribution infrastructure investments are likely to be the most significant factor in expanding the global transformer market 2020. The market is estimated to be a very dynamic market is estimated to display exponential growth during the forecast period.
¡ Presence of numerous large and medium players in regional market
Opportunities
¡ New product launches and R&D amongst major key players
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Report Attribute/Metric | Details |
CAGR | 2.1% CAGR (2022-2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Rating, Enclosure Type and End-user |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
By Rating
¡ Distribution Voltage
¡ Sub-Transmission Voltage
¡ High Voltage Transmission
¡ Extra High Voltage Transmission
By Enclosure Type
¡ Indoor Transformers
¡ Outdoor Transformers
By End-user
¡ Power Utilities
¡ Industries
¡ OEMS
By Region
¡ North America
¡ Europe
¡ Asia-Pacific
¡ Rest of the World
KEY COMPANIES PROFILED
- ABB Group (Switzerland)
- Siemens Ltd. (Germany)
- General Electric Company (USA)
- Crompton Greaves Ltd. (India)
- Toshiba Corporation (Japan)
- Hyundai Heavy Industries Co., Ltd. (South Korea)
- Mitsubishi Electric Corporation (Japan)
- Hyosung Corporation (South Korea)
- Bharat Heavy Electricals Limited (India)
- Rakesh Transformer Industries Pvt. Ltd (India)
- JSHP Transformers (China)
- Synergy Transformers (India)
- Transformers & Rectifiers Ltd (India)
- PME Power Solutions Limited (India)
- SPX Transformer Solutions, Inc. (U.S.A)
Global Instrument Transformer Market Share, By Region, 2018
¡ North America:
¡ Europe:
¡ Asia-Pacific:
¡ Rest of the World (RoW):