Global Transformer Monitoring Systems Market to Reach $4.8 Billion by 2030
The global market for Transformer Monitoring Systems estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$4.8 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2022-2030. Hardware Solutions, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$2.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the IT Solutions segment is readjusted to a revised 12% CAGR for the next 8-year period.The U.S. Market is Estimated at $579.4 Million, While China is Forecast to Grow at 16.5% CAGR
The Transformer Monitoring Systems market in the U.S. is estimated at US$579.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 16.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.7% and 9.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6% CAGR.Select Competitors (Total 13 Featured) -
- ABB Ltd.
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- HZ Electric Supply Co.
- Kirloskar Electric Co., Ltd.
- KJ Dynatech Inc.
- Mitsubishi Corporation
- Ningbo Ligong Online Monitoring Technology Co., Ltd.
- S&C Electric Company
- Schneider Electric SA
- Schweitzer Engineering Laboratories
- Siemens AG
- Wilson Transformer Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Eaton Corporation PLC
- General Electric Company
- Honeywell International, Inc.
- HZ Electric Supply Co.
- Kirloskar Electric Co., Ltd.
- KJ Dynatech Inc.
- Mitsubishi Corporation
- Ningbo Ligong Online Monitoring Technology Co., Ltd.
- S&C Electric Company
- Schneider Electric SA
- Schweitzer Engineering Laboratories
- Siemens AG
- Wilson Transformer Company
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 209 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2.2 Billion |
Forecasted Market Value ( USD | $ 4.8 Billion |
Compound Annual Growth Rate | 10.2% |
Regions Covered | Global |