A transformer is an electrical equipment that helps in varying the voltage of the electric current. This stepping up and stepping down of the voltage is especially important when a safe amount of electric current is required to be supplied to the end users. In order to ensure continuous and safe transmission of electricity from the power generation plant to the end users, the transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a transformer monitoring system within a transformer housing. Requirement of a transformer monitoring system is especially important when faults and anomalies within the grid or circuit have to be detected before the complete breakdown of the transformer occurs. These transformer monitoring systems are especially prevalent in areas where the supply of electric power is erratic and power outages are common, thereby signifying a healthy demand for the system in the third world countries.
Scope of the Report:
As international economic situation is complicated, in the next few years there will be many uncertainties. Due to the government’ policy and the high sales of Transformer Monitoring System in the international market, the current demand for Transformer Monitoring System product is relatively stable in the mature market, such as North America and Europe, but the demand in Asia-Pacific is relatively higher due to the downstream demand.
Transformer Monitoring System is mainly manufactured and sold by ABB, GE, Siemens, Eaton, Alstom, Weidmann, Schneider Electric, Mitsubishi, Koncar, Schweitzer Engineering Laboratories, LGOM ; and these companies occupied about 83.96% market share in 2017.
Geographically, Europe is the largest consumption market in the world, which took about 37.49 percent of global total revenue.
Although sales of Transformer Monitoring System brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Transformer Monitoring System field hastily.
The worldwide market for Transformer Monitoring System is expected to grow at a CAGR of roughly 9.5% over the next five years, will reach 2970 million US$ in 2024, from 1720 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Transformer Monitoring System in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
ABB
GE
Siemens
Eaton
Alstom
Schneider Electric
Mitsubishi
Koncar
Schweitzer Engineering Laboratories
LGOM
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
DGA devices
Bushing Monitoring
Temperature Via Fiber Optic
Monitoring integrators
Others
Market Segment by Applications, can be divided into
Power Generation Transformer
Transmission & Distributor Transformer
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Transformer Monitoring System product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Transformer Monitoring System, with price, sales, revenue and global market share of Transformer Monitoring System in 2017 and 2018.
Chapter 3, the Transformer Monitoring System competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Transformer Monitoring System breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Transformer Monitoring System market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Transformer Monitoring System sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Summary:
Get latest Market Research Reports on Transformer Monitoring System . Industry analysis & Market Report on Transformer Monitoring System is a syndicated market report, published as Global Transformer Monitoring System Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024. It is complete Research Study and Industry Analysis of Transformer Monitoring System market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.