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Instrument Transformer Market Growth by Top Key Players ABB, General Electric, Eaton, Schneider Electric, Siemens, Mitsubishi Electric Corporation, Toshiba Corporation, Bharat Heavy Electricals Limited, Raychem RPG Private Limited

04-17-2020 12:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

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Instrument Transformer Market

Instrument Transformer Market

Global Instrument Transformer Market Report is a systematically conducted exhaustive study of the Global Instrument Transformer industry. The aim of the Global Instrument Transformer Market report is to assist novice as well as seeded players in gaining astute Global Instrument Transformer and make apt decisions based on it. The size of Instrument Transformer Industry was registered at USD 4.9 billion in the year 2018 and is anticipated to cross USD 8 billion by 2025. Between the period 2019-2025, the Instrument Transformer Industry is expected to register a CAGR of 8.1%.

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In the recent years, current transformers have gained significant upsurge on account of their attributes to integrate high primary current into a compact system. Product adaptability towards the measurement & protection of electricity infrastructure coupled with ongoing enhancements to ensure operational feasibility will further stimulate the instrument transformer market share. Furthermore, enhancing product properties have laid substantial grounds for digitalization to integrate effective product configuration will positively influence the industry landscape.
Prominent players across instrument transformer market comprise Mitsubishi Electric, Siemens, Amran, General Electric, ABB, Bharat Heavy Electricals Limited, Schneider Electric, Toshiba, Eaton, CG, Instrument Transformer Equipment Corporation, Celme, TRENCH, Mehru, and Raychem RPG.

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Refurbishment & renovation of existing transmission & distribution networks in line with rising space restrictions have positively influenced the indoor based instrument transformer market. Flourishing real estate sector in line with rapid industrialization across emerging energy countries pave the way for product adoption. Moreover, rampant development of T&D networks across developing energy markets will complement the business landscape.

Growing competitive counterparts along with improving end user awareness have augmented the solid insulation-based instrument transformer market growth. Although, effective insulating property, competitive cost structure coupled with flexible product properties are anticipated to boost the product adoption. Paradigm shift from existing technologies through consistent integration of digitized monitoring & control units will further nurture the industry outlook.

Instrument Transformer Market Growth Drivers:
o North America
o Refurbishment demand for existing grid infrastructure
o Rising infrastructural spending
o Europe
o Growing deployment of renewable energy
o Upgradation of existing grid network
o Asia Pacific
o Large-scale renewable integration
o Increasing demand for electricity
o Middle East and Africa
o Increasing demand for electricity
o Growing investment toward expansion of distribution networks

Table Of Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Instrument transformer market 3600 synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Winding trends
2.1.4 Installation trends
2.1.5 Cooling trends
2.1.6 Insulation trends
2.1.7 Phase trends
2.1.8 Rating trends
2.1.9 Mounting trends
2.1.10 Application trends
2.1.11 Regional trends

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DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.

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