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Global Instrument Transformers Market 2021-2030 | Size, Share, Value, CAGR, Outlook, Analysis And Latest Updates
Instrument Transformers Market
The instrument transformers market report describes and explains the global instrument transformers market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The instrument transformers market consists of sales of instrument transformers by entities (organizations, sole traders, and partnerships) that manufacture instrument transformers. Instrument transformers are electrical devices of high precision that are used to isolate or convert the voltage or current levels. Instrument transformers are most often used to run instruments or metering from high voltage or high current circuits while securely disconnecting secondary control circuits from high voltages or currents.
The global instrument transformers market is expected to grow from $7.01 billion in 2020 to $7.61 billion in 2021 at a compound annual growth rate (CAGR) of 8.47%. The growth in the instrument transformers market is mainly due to the growing demand for electricity, fuel by growing reliance on electrical devices in the forecast period. The market is expected to reach $9.69 billion in 2025 at a CAGR of 6.23%.
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Some of the major players of instrument transformers market are ABB Ltd., Arteche Group, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Limited, General Electric Co, Mitsubishi Electric Corporation, Schneider Electric, Siemens, Toshiba Corporation, Amran Instrument Transformers, Eaton Corporation, EMEK Group, Instrument Transformer Equipment Corporation, Nissin Electric Co., Ltd., PFIFFNER instrument transformers, PME Power Solutions Limited, Rakesh Transformer Industries Pvt. Ltd, and Synergy Transformers.
The countries covered in the instrument transformers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The regions covered in the instrument transformers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The global instrument transformers market is segmented –
1) By Type: Current Transformers, Potential Transformers, Combined Instrument Transformers
2) By Enclosure Type: Indoor, Outdoor
3) By Voltage: Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage transmission, Ultra-High Voltage Transmission
4) By Application: Relaying, Switchgear Assemblies, Metering And Protection, Others
5) By End-User: Power Utilities, Power Generation, Industries And OEMs, Others
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Few Points From Table Of Content
1. Executive Summary
2. Instrument Transformers Market Characteristics
3. Instrument Transformers Market Trends And Strategies
4. Impact Of COVID-19 On Instrument Transformers
5. Instrument Transformers Market Size And Growth
....
26. Africa Instrument Transformers Market
27. Instrument Transformers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Instrument Transformers Market
29. Instrument Transformers Market Future Outlook and Potential Analysis
30. Appendix
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