Report Detail
Global Optical Current Transformer Market Growth 2023-2029
- RnM4519805 |
- 09 March, 2023 |
- Global |
- 93 Pages |
- LPI(LP Information) |
- Energy & Power
The global Optical Current Transformer market size is projected to grow from US$ 264.1 million in 2022 to US$ 891.7 million in 2029; it is expected to grow at a CAGR of 891.7 from 2023 to 2029.
The key manufacturers of optical current transformer in the world include ABB, Profotech, Trench Group, T&D Products Ltd, NR Electric Co., Ltd., Arteche, GE, Yangtze Optical Electronic Co.,Ltd. and Comcore Optical Intelligence Technologies Co., Ltd., among which the top two manufacturers have more than 30% of the market share. The global optical current transformer production is mainly distributed in North America, Europe, China and Japan, among which the first two production regions have more than 65% of the market share. At present, Europe is the largest production region, with more than 45% of the market share. As far as products are concerned, hybrid optical current transformers have a relatively fast growth rate, with a market share of more than 50%, followed by fiber optical current transformers. In terms of application, DC power grid is the first application field, with more than 30% market share, followed by converter station.
LPI (LP Information)' newest research report, the “Optical Current Transformer Industry Forecast” looks at past sales and reviews total world Optical Current Transformer sales in 2022, providing a comprehensive analysis by region and market sector of projected Optical Current Transformer sales for 2023 through 2029. With Optical Current Transformer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Optical Current Transformer industry.
This Insight Report provides a comprehensive analysis of the global Optical Current Transformer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Optical Current Transformer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Optical Current Transformer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Optical Current Transformer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Optical Current Transformer.
This report presents a comprehensive overview, market shares, and growth opportunities of Optical Current Transformer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fiber Optical Current Transformer (FOCT)
Hybrid Optical Current Transformer (HOCT)
Segmentation by application
Substation
Converter Station
DC Power Grid
Smart Grid
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Profotech
Trench Group
T&D Products Ltd
NR Electric Co., Ltd.
Arteche
GE
Yangtze Optical Electronic Co.,Ltd.
Comcore Optical Intelligence Technologies Co., Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Optical Current Transformer market?
What factors are driving Optical Current Transformer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Optical Current Transformer market opportunities vary by end market size?
How does Optical Current Transformer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Years Considered
- 1.3 Research Objectives
- 1.4 Market Research Methodology
- 1.5 Research Process and Data Source
- 1.6 Economic Indicators
- 1.7 Currency Considered
- 1.8 Market Estimation Caveats
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Optical Current Transformer Annual Sales 2018-2029
- 2.1.2 World Current & Future Analysis for Optical Current Transformer by Geographic Region, 2018, 2022 & 2029
- 2.1.3 World Current & Future Analysis for Optical Current Transformer by Country/Region, 2018, 2022 & 2029
- 2.2 Optical Current Transformer Segment by Type
- 2.2.1 Fiber Optical Current Transformer (FOCT)
- 2.2.2 Hybrid Optical Current Transformer (HOCT)
- 2.3 Optical Current Transformer Sales by Type
- 2.3.1 Global Optical Current Transformer Sales Market Share by Type (2018-2023)
- 2.3.2 Global Optical Current Transformer Revenue and Market Share by Type (2018-2023)
- 2.3.3 Global Optical Current Transformer Sale Price by Type (2018-2023)
- 2.4 Optical Current Transformer Segment by Application
- 2.4.1 Substation
- 2.4.2 Converter Station
- 2.4.3 DC Power Grid
- 2.4.4 Smart Grid
- 2.4.5 Others
- 2.5 Optical Current Transformer Sales by Application
- 2.5.1 Global Optical Current Transformer Sale Market Share by Application (2018-2023)
- 2.5.2 Global Optical Current Transformer Revenue and Market Share by Application (2018-2023)
- 2.5.3 Global Optical Current Transformer Sale Price by Application (2018-2023)
3 Global Optical Current Transformer by Company
- 3.1 Global Optical Current Transformer Breakdown Data by Company
- 3.1.1 Global Optical Current Transformer Annual Sales by Company (2018-2023)
- 3.1.2 Global Optical Current Transformer Sales Market Share by Company (2018-2023)
- 3.2 Global Optical Current Transformer Annual Revenue by Company (2018-2023)
- 3.2.1 Global Optical Current Transformer Revenue by Company (2018-2023)
- 3.2.2 Global Optical Current Transformer Revenue Market Share by Company (2018-2023)
- 3.3 Global Optical Current Transformer Sale Price by Company
- 3.4 Key Manufacturers Optical Current Transformer Producing Area Distribution, Sales Area, Product Type
- 3.4.1 Key Manufacturers Optical Current Transformer Product Location Distribution
- 3.4.2 Players Optical Current Transformer Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Optical Current Transformer by Geographic Region
- 4.1 World Historic Optical Current Transformer Market Size by Geographic Region (2018-2023)
- 4.1.1 Global Optical Current Transformer Annual Sales by Geographic Region (2018-2023)
- 4.1.2 Global Optical Current Transformer Annual Revenue by Geographic Region (2018-2023)
- 4.2 World Historic Optical Current Transformer Market Size by Country/Region (2018-2023)
- 4.2.1 Global Optical Current Transformer Annual Sales by Country/Region (2018-2023)
- 4.2.2 Global Optical Current Transformer Annual Revenue by Country/Region (2018-2023)
- 4.3 Americas Optical Current Transformer Sales Growth
- 4.4 APAC Optical Current Transformer Sales Growth
- 4.5 Europe Optical Current Transformer Sales Growth
- 4.6 Middle East & Africa Optical Current Transformer Sales Growth
5 Americas
- 5.1 Americas Optical Current Transformer Sales by Country
- 5.1.1 Americas Optical Current Transformer Sales by Country (2018-2023)
- 5.1.2 Americas Optical Current Transformer Revenue by Country (2018-2023)
- 5.2 Americas Optical Current Transformer Sales by Type
- 5.3 Americas Optical Current Transformer Sales by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Brazil
6 APAC
- 6.1 APAC Optical Current Transformer Sales by Region
- 6.1.1 APAC Optical Current Transformer Sales by Region (2018-2023)
- 6.1.2 APAC Optical Current Transformer Revenue by Region (2018-2023)
- 6.2 APAC Optical Current Transformer Sales by Type
- 6.3 APAC Optical Current Transformer Sales by Application
- 6.4 China
- 6.5 Japan
- 6.6 South Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 China Taiwan
7 Europe
- 7.1 Europe Optical Current Transformer by Country
- 7.1.1 Europe Optical Current Transformer Sales by Country (2018-2023)
- 7.1.2 Europe Optical Current Transformer Revenue by Country (2018-2023)
- 7.2 Europe Optical Current Transformer Sales by Type
- 7.3 Europe Optical Current Transformer Sales by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
8 Middle East & Africa
- 8.1 Middle East & Africa Optical Current Transformer by Country
- 8.1.1 Middle East & Africa Optical Current Transformer Sales by Country (2018-2023)
- 8.1.2 Middle East & Africa Optical Current Transformer Revenue by Country (2018-2023)
- 8.2 Middle East & Africa Optical Current Transformer Sales by Type
- 8.3 Middle East & Africa Optical Current Transformer Sales by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers & Growth Opportunities
- 9.2 Market Challenges & Risks
- 9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
- 10.1 Raw Material and Suppliers
- 10.2 Manufacturing Cost Structure Analysis of Optical Current Transformer
- 10.3 Manufacturing Process Analysis of Optical Current Transformer
- 10.4 Industry Chain Structure of Optical Current Transformer
11 Marketing, Distributors and Customer
- 11.1 Sales Channel
- 11.1.1 Direct Channels
- 11.1.2 Indirect Channels
- 11.2 Optical Current Transformer Distributors
- 11.3 Optical Current Transformer Customer
12 World Forecast Review for Optical Current Transformer by Geographic Region
- 12.1 Global Optical Current Transformer Market Size Forecast by Region
- 12.1.1 Global Optical Current Transformer Forecast by Region (2024-2029)
- 12.1.2 Global Optical Current Transformer Annual Revenue Forecast by Region (2024-2029)
- 12.2 Americas Forecast by Country
- 12.3 APAC Forecast by Region
- 12.4 Europe Forecast by Country
- 12.5 Middle East & Africa Forecast by Country
- 12.6 Global Optical Current Transformer Forecast by Type
- 12.7 Global Optical Current Transformer Forecast by Application
13 Key Players Analysis
- 13.1 ABB
- 13.1.1 ABB Company Information
- 13.1.2 ABB Optical Current Transformer Product Portfolios and Specifications
- 13.1.3 ABB Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.1.4 ABB Main Business Overview
- 13.1.5 ABB Latest Developments
- 13.2 Profotech
- 13.2.1 Profotech Company Information
- 13.2.2 Profotech Optical Current Transformer Product Portfolios and Specifications
- 13.2.3 Profotech Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.2.4 Profotech Main Business Overview
- 13.2.5 Profotech Latest Developments
- 13.3 Trench Group
- 13.3.1 Trench Group Company Information
- 13.3.2 Trench Group Optical Current Transformer Product Portfolios and Specifications
- 13.3.3 Trench Group Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.3.4 Trench Group Main Business Overview
- 13.3.5 Trench Group Latest Developments
- 13.4 T&D Products Ltd
- 13.4.1 T&D Products Ltd Company Information
- 13.4.2 T&D Products Ltd Optical Current Transformer Product Portfolios and Specifications
- 13.4.3 T&D Products Ltd Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.4.4 T&D Products Ltd Main Business Overview
- 13.4.5 T&D Products Ltd Latest Developments
- 13.5 NR Electric Co., Ltd.
- 13.5.1 NR Electric Co., Ltd. Company Information
- 13.5.2 NR Electric Co., Ltd. Optical Current Transformer Product Portfolios and Specifications
- 13.5.3 NR Electric Co., Ltd. Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.5.4 NR Electric Co., Ltd. Main Business Overview
- 13.5.5 NR Electric Co., Ltd. Latest Developments
- 13.6 Arteche
- 13.6.1 Arteche Company Information
- 13.6.2 Arteche Optical Current Transformer Product Portfolios and Specifications
- 13.6.3 Arteche Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.6.4 Arteche Main Business Overview
- 13.6.5 Arteche Latest Developments
- 13.7 GE
- 13.7.1 GE Company Information
- 13.7.2 GE Optical Current Transformer Product Portfolios and Specifications
- 13.7.3 GE Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.7.4 GE Main Business Overview
- 13.7.5 GE Latest Developments
- 13.8 Yangtze Optical Electronic Co.,Ltd.
- 13.8.1 Yangtze Optical Electronic Co.,Ltd. Company Information
- 13.8.2 Yangtze Optical Electronic Co.,Ltd. Optical Current Transformer Product Portfolios and Specifications
- 13.8.3 Yangtze Optical Electronic Co.,Ltd. Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.8.4 Yangtze Optical Electronic Co.,Ltd. Main Business Overview
- 13.8.5 Yangtze Optical Electronic Co.,Ltd. Latest Developments
- 13.9 Comcore Optical Intelligence Technologies Co., Ltd.
- 13.9.1 Comcore Optical Intelligence Technologies Co., Ltd. Company Information
- 13.9.2 Comcore Optical Intelligence Technologies Co., Ltd. Optical Current Transformer Product Portfolios and Specifications
- 13.9.3 Comcore Optical Intelligence Technologies Co., Ltd. Optical Current Transformer Sales, Revenue, Price and Gross Margin (2018-2023)
- 13.9.4 Comcore Optical Intelligence Technologies Co., Ltd. Main Business Overview
- 13.9.5 Comcore Optical Intelligence Technologies Co., Ltd. Latest Developments
14 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Optical Current Transformer. Industry analysis & Market Report on Optical Current Transformer is a syndicated market report, published as Global Optical Current Transformer Market Growth 2023-2029. It is complete Research Study and Industry Analysis of Optical Current Transformer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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