The global instrument transformer market is anticipated to grow at a CAGR of 5% during the forecast period of 2020-2025. The global instrument transformer market is being driven by the rising demand for electricity, the growing concerns regarding grid stability, and the increased adoption of renewable energy and smart monitoring units.
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Properties and Applications
Instrument transformers are high accuracy class electrical equipment used in the AC system for the measurement of electrical quantities like voltage, power, current, etc. They are used with protective relays for the protection of the power system.
The global instrument transformers industry can be broadly categorised based on its types, dielectric medium, voltage, enclosure-types, applications, end-users, and regions.
The EMR report looks into the regional instrument transformer markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
With the increasing significance of instrument transformers’ condition-based monitoring (CBM), the industry is witnessing a steady growth. Further, manufacturers are focusing on the development of CBM technology in instrument transformers, which allows the measurement of excitation levels, turn-ratios, and voltage and current accuracy, further enabling end-users to detect the possibility of faults in it. Moreover, the rising investment to develop smart grids, which are further compatible with renewable energy, is leading to the increased innovation in technology, particularly in developed countries. The increasing investment in electrical power systems will be a major driving force in the instrument transformer market. With such technological advancements, the cost of renewable energy technology is decreasing, drawing substantial investment in solar and wind power plants. Some power plants and microgrids for renewable energy use substation equipment such as switchgear, power transformers, and metering equipment. As it is impossible to connect secure relays and metering equipment directly to the main transmission lines, in order to protect electrical equipment, instrument transformers are used for measuring devices and safety relays, which is expected to aid the industry growth further.
The report presents a detailed analysis of the following key players in the global instrument transformer market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the instrument transformer market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Key Industry Trends
3.3 Market Scope and Segmentation
3.4 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Instrument Transformer Market Analysis
6.1 Global Instrument Transformer Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Instrument Transformer Market Breakup by Type
6.2.1 Current Transformers
6.2.2 Potential Transformers
22.214.171.124 Inductive Potential Transformers
126.96.36.199 Capacitive Potential Transformers
6.2.3 Combined Instrument Transformers
6.3 Global Instrument Transformer Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Current Transformers
6.3.2 Potential Transformers
188.8.131.52 Inductive Potential Transformers
184.108.40.206 Capacitive Potential Transformers
6.3.3 Combined Instrument Transformers
6.4 Global Instrument Transformer Market Breakup by Dielectric Medium
6.4.1 Liquid Dielectric Instrument Transformers
6.4.2 SF6 Gas Dielectric Instrument Transformers
6.4.3 Solid Dielectric Instrument Transformers
6.5 Global Instrument Transformer Market Breakup by Dielectric Medium: Historical Market (2015-2019) & Forecast (2020-2025)
6.5.1 Liquid Dielectric Instrument Transformers
6.5.2 SF6 Gas Dielectric Instrument Transformers
6.5.3 Solid Dielectric Instrument Transformers
6.6 Global Instrument Transformer Market Breakup by Voltage
6.6.1 Distribution Voltage
6.6.2 Sub-Transmission Voltage
6.6.3 High Voltage Transmission
6.6.4 Extra High Voltage Transmission
6.6.5 Ultra-High Voltage Transmission
6.7 Global Instrument Transformer Market Breakup by Voltage: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.1 Distribution Voltage
6.7.2 Sub-Transmission Voltage
6.7.3 High Voltage Transmission
6.7.4 Extra High Voltage Transmission
6.7.5 Ultra-High Voltage Transmission
6.8 Global Instrument Transformer Market by Enclosure Type
6.8.1 Indoor Instrument Transformers
6.8.2 Outdoor Instrument Transformers
6.9 Global Instrument Transformer Market by Enclosure Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.9.1 Indoor Instrument Transformers
6.9.2 Outdoor Instrument Transformers
6.10 Global Instrument Transformer Market by Application
6.10.1 Transformer & Circuit Breaker Bushing
6.10.2 Switchgear Assemblies
6.10.4 Metering & Protection
6.11 Global Instrument Transformer Market by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.1 Transformer & Circuit Breaker Bushing
6.11.2 Switchgear Assemblies
6.11.4 Metering & Protection
6.12 Global Instrument Transformer Market by End-User
6.12.1 Power Utilities
6.12.2 Power Generation
6.12.3 Railways & Metros
6.12.4 Industries & OEMS
6.13 Global Instrument Transformer Market by End-User: Historical Market (2015-2019) & Forecast (2020-2025)
6.13.1 Power Utilities
6.13.2 Power Generation
6.13.3 Railways & Metros
6.13.4 Industries & OEMS
6.14 Global IT Spending Market Breakup by Region
6.14.1 North America
220.127.116.11 United States of America
18.104.22.168 United Kingdom
6.14.3 Asia Pacific
6.14.4 Latin America
6.14.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 United Arab Emirates
188.8.131.52 South Africa
6.15 Global IT Spending Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.15.1 North America
184.108.40.206 United States of America
220.127.116.11 United Kingdom
6.15.3 Asia Pacific
6.15.4 Latin America
6.15.5 Middle East & Africa
18.104.22.168 Saudi Arabia
22.214.171.124 United Arab Emirates
126.96.36.199 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Competitive Landscape & Supplier Analysis
9.1 Schneider Electric (EPA: SU)
9.1.1 Company Overview
9.1.2 Financial Analysis
9.2 Siemens (ETR: SIE)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.3.1 Company Overview
9.3.2 Financial Analysis
9.4 Bharat Heavy Electricals Limited (NSE: BHEL)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.5 CG Power and Industrial Solutions Limited (NSE: CGPOWER)
9.5.1 Company Overview
9.5.2 Financial Analysis
9.6 Nissin Electric (TYO: 6641)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.7 Mitsubishi Electric (TYO: 6503)
9.7.1 Company Overview
9.7.2 Financial Analysis
10 Events and Developments
Additional Customization Available:
11 Feedstock Analysis
12 Procurement Strategy
12.1 Value Chain Analysis
12.2 Contract Terms
12.3 Buying and Sourcing Trends
12.4 Storage and Warehousing
12.5 Certifications and Regulations
12.6 Risk Factors
13 Trade Data Analysis
13.1 Major Exporting Countries: By Value and Volume
13.2 Major Importing Countries: By Value and Volume
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Cost Analysis and Project Economics
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
16 Production Cost Analysis
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