Transformer Monitoring System Market 2018 by Global Leaders: ABB automation company Ltd., General Electric Company, Schneider Electric S.E., Siemens AG, BPL Global LLC, Dynamic Ratings Pvt. Ltd.

Market Highlights
The global transformer monitoring system market is growing due to its enhanced features such as improving safety and providing reduction in cost. Transformer monitoring systems provide real time monitoring of the transformer functioning, which further contributes to the growth of the market. Huge investments into digitization and smart grids are expected to further drive the demand for transformer monitoring systems. The ability of transformer monitoring systems to provide early intimation in case of malfunctioning of the transformers, also contributes to the growth of the market. The abilities of transformer monitoring systems to lower the risk in case of expensive power outages, to reduce on-site inspection, and to improve the life of the transformers help in improving preventive maintenance and faster reaction in times of failures.

The report has been analyzed based on the types, services, applications and regions. Among applications, the distribution transformers segment is expected to grow rapidly. Both power and distribution transformers, form a fundamental part of the electric power transmission and distribution infrastructure. The number of distribution transformers is more than that of power transformers in any network. Therefore, increase in the construction of new power transmission and distribution infrastructures is expected to result in an increased demand for distribution transformers.

Key Players:
The key players of Transformer monitoring system market are
• ABB automation company Ltd. (Switzerland,),
• General Electric Company (U.S.),
• Schneider Electric S.E. (France),
• Siemens AG (Germany),
• Advanced Power AG (Switzerland),
• BPL Global LLC (U.S.),
• Crompton Greaves Ltd. (India),
• Dynamic Ratings Pvt. Ltd. (U.S.),
• Eaton Corporation Plc. (Republic of Ireland),
• Echelon Corporation (U.S.),
• Elster Group SE (Germany),
• Hyosung Corporation (South Korea)
• others.

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Market Research Analysis
Among all applications, the power transformer segment in the transformer monitoring system market is expected to grow, owing to the strict government regulations for control of transmission networks and monitoring. Among all services, oil and gas monitoring is the most widely used monitoring services for transformers. The rising applications of transformer monitoring system in the oil and gas industry is driving the demand for transformer monitoring systems.

The Asia Pacific region is expected to dominate the global transformer monitoring solutions market during the forecast period, owing to rapid pace of power utilities and increasing incorporation of monitoring solutions into their existing transformers. Developing nations such as India and China are expected to foster the need for efficient electric power supply, which is expected to result in market growth during the forecast period.

Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model

3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis

4 Global Transformer Monitoring System Market, By Type
Continue…….

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