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Global Instrument Transformer Market: By Type: Current Transformers, Potential Transformers, Combined Instrument Transformers; By Dielectric Medium; By Voltage; By Enclosure Type; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Instrument Transformer Market Outlook

The global instrument transformer market is anticipated to grow at a CAGR of 5% during the forecast period of 2021-2026. 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.

 

Global Instrument Transformer Market

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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.

 

Global Instrument Transformer Market By End Use

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The global instrument transformers industry can be broadly categorised based on its types, dielectric medium, voltage, enclosure-types, applications, end-users, and regions.

  • Type:
    • Current Transformers 
    • Potential Transformers 
      • Inductive Potential Transformers
      • Capacitive Potential Transformers
    • Combined Instrument Transformers
  • Dielectric Medium: 
    • Liquid Dielectric Instrument Transformers 
    • SF6 Gas Dielectric Instrument Transformers 
    • Solid Dielectric Instrument Transformers
  • Voltage:
    • Distribution Voltage 
    • Sub-Transmission Voltage 
    • High Voltage Transmission 
    • Extra High Voltage Transmission 
    • Ultra-High Voltage Transmission
  • Application:
    • Transformer and Circuit Breaker Bushing 
    • Switchgear Assemblies 
    • Relaying 
    • Metering and Protection
  • Enclosure-Type:
    • Indoor Instrument Transformers 
    • Outdoor Instrument Transformers
  • End-User:
    • Power Utilities 
    • Power Generation 
    • Railways and Metros 
    • Industries and OEMs

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.

 

Global Instrument Transformer Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • Schneider Electric (OTCMKTS: SBGSY) 
  • Siemens 
  • Arteche
  • Bharat Heavy Electricals Limited 
  • CG Power and Industrial Solutions Limited 
  • Nissin Electric 
  • Mitsubishi Electric

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.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Dielectric Medium, Voltage, Enclosure Type, Application, End Use, Region
Breakup by Type Current Transformers, Potential Transformers, Combined Instrument Transformers
Breakup by Dielectric Medium Liquid Dielectric Instrument Transformers, SF6 Gas Dielectric Instrument Transformers, Solid Dielectric Instrument Transformers
Breakup by Voltage Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage Transmission, Ultra-High Voltage Transmission
Breakup by Enclosure Type Indoor Instrument Transformers, Outdoor Instrument Transformers
Breakup by Application Transformer & Circuit Breaker Bushing, Switchgear Assemblies, Relaying, Metering & Protection
Breakup by End Use Power Utilities, Power Generation, Railways & Metros, Industries & OEMS
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Schneider Electric SE, Siemens AG, Arteche, Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Nissin Electric Co., Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

Key Questions Answered in the Market Report

  • How has the global instrument transformer market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the instrument transformer market for 2021-2026?
  • What are the major drivers for historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for historical (2016-2020) and forecast (2021-2026) periods?
  • What is the degree of competition in the global industry?
  • What are the import and export trends in the global instrument transformer market?
  • Who are the top importers and exporters of instrument transformer in the industry globally?
  • What are the major events and developments taking place within the industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Instrument Transformer Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Instrument Transformer Historical Market (2016-2020) 
    8.3    Global Instrument Transformer Market Forecast (2021-2026)
    8.4    Global Instrument Transformer Market by Type
        8.4.1    Current Transformers
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Potential Transformers
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
            8.4.2.4    Potential Transformers by Type
                8.4.2.4.1    Inductive Potential Transformers
                8.4.2.4.2    Capacitive Potential Transformers
        8.4.3    Combined Instrument Transformers
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
    8.5    Global Instrument Transformer Market by Dielectric Medium
        8.5.1    Liquid Dielectric Instrument Transformers
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    SF6 Gas Dielectric Instrument Transformers
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Solid Dielectric Instrument Transformers
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Instrument Transformer Market by Voltage
        8.6.1    Distribution Voltage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Sub-Transmission Voltage
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    High Voltage Transmission
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Extra High Voltage Transmission
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Ultra-High Voltage Transmission
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
    8.7    Global Instrument Transformer Market by Enclosure Type
        8.7.1    Indoor Instrument Transformers
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Outdoor Instrument Transformers
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
    8.8    Global Instrument Transformer Market by Application
        8.8.1    Transformer & Circuit Breaker Bushing
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Switchgear Assemblies
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
        8.8.3    Relaying
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2016-2020)
            8.8.3.3    Forecast Trend (2021-2026)
        8.8.4    Metering & Protection
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2016-2020)
            8.8.4.3    Forecast Trend (2021-2026)
    8.9    Global Instrument Transformer Market by End Use
        8.9.1    Power Utilities
            8.9.1.1    Market Share
            8.9.1.2    Historical Trend (2016-2020)
            8.9.1.3    Forecast Trend (2021-2026)
        8.9.2    Power Generation
            8.9.2.1    Market Share
            8.9.2.2    Historical Trend (2016-2020)
            8.9.2.3    Forecast Trend (2021-2026)
        8.9.3    Railways & Metros
            8.9.3.1    Market Share
            8.9.3.2    Historical Trend (2016-2020)
            8.9.3.3    Forecast Trend (2021-2026)
        8.9.4    Industries & OEMS
            8.9.4.1    Market Share
            8.9.4.2    Historical Trend (2016-2020)
            8.9.4.3    Forecast Trend (2021-2026)
    8.10    Global Instrument Transformer Market by Region
        8.10.1    Market Share
            8.10.1.1    North America
            8.10.1.2    Europe
            8.10.1.3    Asia Pacific
            8.10.1.4    Latin America
            8.10.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Schneider Electric SE
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Siemens AG
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Arteche 
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Mitsubishi Electric Corporation
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    CG Power and Industrial Solutions Limited
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Nissin Electric Co., Ltd.
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Instrument Transformer Market: Key Industry Highlights, 2016 and 2026
2.    Global Instrument Transformer Historical Market: Breakup by Type (USD Million), 2016-2020
3.    Global Instrument Transformer Market Forecast: Breakup by Type (USD Million), 2021-2026
4.    Global Instrument Transformer Historical Market: Breakup by Dielectric Medium (USD Million), 2016-2020
5.    Global Instrument Transformer Market Forecast: Breakup by Dielectric Medium (USD Million), 2021-2026
6.    Global Instrument Transformer Historical Market: Breakup by Voltage (USD Million), 2016-2020
7.    Global Instrument Transformer Market Forecast: Breakup by Voltage (USD Million), 2021-2026
8.    Global Instrument Transformer Historical Market: Breakup by Enclosure Type (USD Million), 2016-2020
9.    Global Instrument Transformer Market Forecast: Breakup by Enclosure Type (USD Million), 2021-2026
10.    Global Instrument Transformer Historical Market: Breakup by Application (USD Million), 2016-2020
11.    Global Instrument Transformer Market Forecast: Breakup by Application (USD Million), 2021-2026
12.    Global Instrument Transformer Historical Market: Breakup by End Use (USD Million), 2016-2020
13.    Global Instrument Transformer Market Forecast: Breakup by End Use (USD Million), 2021-2026
14.    Global Instrument Transformer Historical Market: Breakup by Region (USD Million), 2016-2020
15.    Global Instrument Transformer Market Forecast: Breakup by Region (USD Million), 2021-2026
16.    North America Instrument Transformer Historical Market: Breakup by Country (USD Million), 2016-2020
17.    North America Instrument Transformer Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Europe Instrument Transformer Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Europe Instrument Transformer Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Asia Pacific Instrument Transformer Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Asia Pacific Instrument Transformer Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    Latin America Instrument Transformer Historical Market: Breakup by Country (USD Million), 2016-2020
23.    Latin America Instrument Transformer Market Forecast: Breakup by Country (USD Million), 2021-2026
24.    Middle East and Africa Instrument Transformer Historical Market: Breakup by Country (USD Million), 2016-2020
25.    Middle East and Africa Instrument Transformer Market Forecast: Breakup by Country (USD Million), 2021-2026
26.    Global Instrument Transformer Market Structure

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