Press release
Who are the leading players in the Instrument Transformer Market...? General Electric, Siemens, Schneider Electric, CG Power
Prominent players across the 'Instrument Transformer Market' comprise of ABB, General Electric, Siemens, Schneider Electric, CG Power and Industrial Solutions Limited, Eaton Corporation, Toshiba Corporation, Bharat Heavy Electricals Limited, Mitsubishi Electric Corporation, Raychem RPG Private Limited, Amran, Inc., Instrument Transformer Equipment Corporation, Celme s.r.l., Mehru and TRENCH Group.In the recent times, instrument transformer market has witnessed a meteoric rise in its revenue graph, courtesy the rising demand for electricity owing to the exponential pace of urbanization, swift technological advancements to assist an energy-efficient and sustainable grid network, growing inclination toward clean energy with massive investments in the renewable sector coupled with various government initiatives to electrify rural hinterlands across the globe.
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Growth drivers
• North America
• Refurbishment demand for existing grid infrastructure
• Rising infrastructural spending
Europe
• Growing deployment of renewable energy
• Upgradation of existing grid network
Asia Pacific
• Large-scale renewable integration
• Increasing demand for electricity
Middle East and Africa
• Increasing demand for electricity
• Growing investment toward expansion of distribution networks
To note a few remarkable instances of government initiatives, the Indian government has resolved to provide electrical connections to over four crore households in the rural and urban areas by the end of 2018. The scheme, named as Pradhan Mantri Sahaj Bijli Har Ghar Yojana ‘Saubhagya’, aims to provide 24×7 electricity to the unserved and underserved hinterlands along with the neglected urban pockets.
Citing yet another instance, the government of France has announced an enormous investment of USD 30 Billion toward its energy adaptation plan that aims to endorse clean vehicles production and energy efficient distribution system. Apparently, the aforementioned instances of ambitious and dynamic initiatives undertaken by various governments across the globe have emerged as the principal driving force to boost the growth potential of instrument transformer market, which commanded a total valuation of over USD 3 Billion in 2016.
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To tackle the challenge of the transition to a new energy mix while enhancing the existing power grid infrastructure, Siemens AG, the leading German conglomerate partaking in instrument transformer industry, has built the world’s first dynamic grid control center with its partner entities. The new facility, named as ‘DynaGridCenter’ research project would aim to ascertain the extent to which existing technologies, utilized in control centers, can accommodate new structures and functions of future power grids. Such bold instances of ingenuity consequentially would steer the growth progression of the instrument transformer market over the forthcoming years.
Concurrently, the leading companies partaking in instrument transformer market such as Siemens AG, GE, ABB, Crompton Greaves, ITL, Schneider Electric, DENT Instruments, BHEL, Toshiba, Amran Inc., have been focusing on establishing robust supply chain and expanding the current facilities to ensure economies of scale, further stepping up the commercialization potential of instrument transformer market. In terms of installations, as per a recent report published by Global Market Insights Inc., instrument transformer industry is set to exceed 50 thousand units by 2024.
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Instrument Transformer Market Segmentation:
Chapter 5 Instrument Transformer Market, By Winding
5.1 Instrument transformer market share by winding, 2018 & 2025
5.2 Two - winding
5.2.1 Global market from two - winding, 2014 - 2025
5.2.2 Global market from two - winding, by region, 2014 - 2025
5.3 Auto - transformer
5.3.1 Global market from auto - transformer, 2014 - 2025
5.3.2 Global market from auto - transformer, by region, 2014 - 2025
Chapter 6 Instrument Transformer Market, By Installation
6.1 Instrument transformer market share by installation, 2018 & 2025
6.2 Outdoor
6.2.1 Global market from outdoor, 2014 - 2025
6.2.2 Global market from outdoor, by region, 2014 - 2025
6.3 Indoor
6.3.1 Global market from indoor, 2014 - 2025
6.3.2 Global market from indoor, by region, 2014 - 2025
Chapter 7 Instrument Transformer Market, By Cooling
7.1 Instrument transformer market share by cooling, 2018 & 2025
7.2 Dry type
7.2.1 Global market from dry type, 2014 - 2025
7.2.2 Global market from dry type, by region, 2014 - 2025
7.2.3 Self air
7.2.3.1 Global market from self air, 2014 - 2025
7.2.3.2 Global market from self air, by region, 2014 - 2025
7.2.4 Air blast
7.2.4.1 Global market from air blast, 2014 - 2025
7.2.4.2 Global market from air blast, by region, 2014 - 2025
7.3 Oil immersed
7.3.1 Global market from oil immersed, 2014 - 2025
7.3.2 Global market from oil immersed, by region, 2014 - 2025
7.3.3 Self cooled
7.3.3.1 Global market from self cooled, 2014 - 2025
7.3.3.2 Global market from self cooled, by region, 2014 - 2025
7.3.4 Water cooled
7.3.4.1 Global market from water cooled, 2014 - 2025
7.3.4.2 Global market from water cooled, by region, 2014 - 2025
7.3.5 Forced oil
7.3.5.1 Global market from forced oil, 2014 - 2025
7.3.5.2 Global market from forced oil, by region, 2014 - 2025
7.3.6 Others
7.3.6.1 Global market from others, 2014 - 2025
7.3.6.2 Global market from others, by region, 2014 - 2025
Chapter 8 Instrument Transformer Market, By Insulation
8.1 Instrument transformer market share by insulation, 2018 & 2025
8.2 Gas
8.2.1 Global market from gas, 2014 - 2025
8.2.2 Global market from gas, by region, 2014 - 2025
8.3 Oil
8.3.1 Global market from oil, 2014 - 2025
8.3.2 Global market from oil, by region, 2014 - 2025
8.4 Solid
8.4.1 Global market from solid, 2014 - 2025
8.4.2 Global market from solid, by region, 2014 - 2025
8.5 Air
8.5.1 Global market from air, 2014 - 2025
8.5.2 Global market from air, by region, 2014 - 2025
8.6 Others
8.6.1 Global market from others, 2014 - 2025
8.6.2 Global market from others, by region, 2014 - 2025
Chapter 9 Instrument Transformer Market, By Phase
9.1 Instrument transformer market share by phase, 2018 & 2025
9.2 Single
9.2.1 Global market from single, 2014 - 2025
9.2.2 Global market from single, by region, 2014 - 2025
9.3 3 - phase
9.3.1 Global market from 3 - phase, 2014 - 2025
9.3.2 Global market from 3 - phase, by region, 2014 - 2025
Chapter 10 Instrument Transformer Market, By Rating
10.1 Instrument transformer market share by rating, 2018 & 2025
10.2 ≤ 250 kV
10.2.1 Global market from ≤ 250 kV, 2014 - 2025
10.2.2 Global market from ≤ 250 kV, by region, 2014 - 2025
10.3 251 kV to 500 kV
10.3.1 Global market from 251 kV to 500 kV, 2014 - 2025
10.3.2 Global market from 251 kV to 500 kV, by region, 2014 - 2025
10.4 > 500 kV
10.4.1 Global market from > 500 kV, 2014 - 2025
10.4.2 Global market from > 500 kV, by region, 2014 - 2025
Chapter 11 Instrument Transformer Market, By Mounting
11.1 Instrument transformer market share by mounting, 2018 & 2025
11.2 Pad
11.2.1 Global market from pad, 2014 - 2025
11.2.2 Global market from pad, by region, 2014 - 2025
11.3 Pole
11.3.1 Global market from pole, 2014 - 2025
11.3.2 Global market from pole, by region, 2014 - 2025
11.4 PC/PCB
11.4.1 Global market from PC/PCB, 2014 - 2025
11.4.2 Global market from PC/PCB, by region, 2014 - 2025
11.5 Others
11.5.1 Global market from others, 2014 - 2025
11.5.2 Global market from others, by region, 2014 - 2025
Chapter 12 Instrument Transformer Market, By Application
12.1 Instrument transformer market share by application, 2018 & 2025
12.2 Residential & Commercial
12.2.1 Global market from residential & commercial, 2014 - 2025
12.2.2 Global market from residential & commercial, by region, 2014 - 2025
12.2.3 Education
12.2.3.1 Global market from education, 2014 - 2025
12.2.3.2 Global market from education, by region, 2014 - 2025
12.2.4 Healthcare
12.2.4.1 Global market from healthcare, 2014 - 2025
12.2.4.2 Global market from healthcare, by region, 2014 - 2025
12.2.5 Societies
12.2.5.1 Global market from societies, 2014 - 2025
12.2.5.2 Global market from societies, by region, 2014 - 2025
12.2.6 Others
12.2.6.1 Global market from others, 2014 - 2025
12.2.6.2 Global market from others, by region, 2014 - 2025
12.3 Utility
12.3.1 Global market from utility, 2014 - 2025
12.3.2 Global market from utility, by region, 2014 - 2025
12.4 Industrial
12.4.1 Global market from industrial, 2014 - 2025
12.4.2 Global market from industrial, by region, 2014 - 2025
12.4.3 Railways
12.4.3.1 Global market from railways, 2014 - 2025
12.4.3.2 Global market from railways, by region, 2014 - 2025
12.4.4 Cement
12.4.4.1 Global market from cement, 2014 - 2025
12.4.4.2 Global market from cement, by region, 2014 - 2025
12.4.5 Power
12.4.5.1 Global market from power, 2014 - 2025
12.4.5.2 Global market from power, by region, 2014 - 2025
12.4.6 Oil & gas
12.4.6.1 Global market from oil & gas, 2014 - 2025
12.4.6.2 Global market from oil & gas, by region, 2014 - 2025
12.4.7 Others
12.4.7.1 Global market from others, 2014 - 2025
12.4.7.2 Global market from others, by region, 2014 - 2025
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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