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Global Transformer Monitoring System Market (2021-2026) by Type, Application, Service and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

  • ID: 5359452
  • Report
  • March 2021
  • Region: Global
  • 195 pages
  • Infogence Global Research
UP TO OFF
until Aug 31st 2021
Global Transformer Monitoring System Market is estimated to be worth USD 3.86 Billion in 2021 and is expected to reach USD 6.14 Billion by 2026, growing at a CAGR of 9.65%

FEATURED COMPANIES

  • BPL Global LLC
  • Dynamic Ratings
  • Echelon Corporation
  • General Electric Company
  • KJ Dynatech Inc
  • Schneider Electric S.E.
The Global Transformer Monitoring System Market is estimated to be worth USD 3.86 Billion in 2021 and is expected to reach USD 6.14 Billion by 2026, growing at a CAGR of 9.65%.



Market Dynamics


Factors such as increase in digitalization of the power utilities, growing renewable investments and smart grid initiatives are driving the market.

High Cost of Installation and Maintenance for transformer monitoring systems is restraining the growth of the market. Low acceptance level among the end users is a huge challenges for the industry players.

Increasing number of offshore wind farms and growth in big data analytics is creating opportunities for the market players.

Market Segmentation


The Global Transformer Monitoring System Market is segmented based on Type, Application, Service and Geography.
  • By Type, the market is classified into Hardware Solutions and IT Solutions. The IT Solutions contributes largest share of the market.
  • By Application, the market is classified into Distribution Transformers, Power Transformers and Generator Transformer and Specialty Transformer. The Power Transformers contributes largest share of the market.
  • By Service, the market is classified into Oil/Gas Monitoring, Bushing Monitoring and Others (Temperature Monitoring and Partial Discharge Monitoring). The Bushing Monitoring contributes largest share of the market.
  • By Geography, North America is projected to lead the market.

Recent Developments

  1. 2020: Power management company Eaton declared it has completed the acquisition of Power Distribution, Inc. (PDI). Eaton’s aim is to enhance the quality of life and the environment through the use of power management technologies and services.
  2. 2019: Honeywell today introduced the next-generation Kromschröder BCU 4 Series, an all-in-one control solution for multi-burner applications. Replacing an earlier product line, the BCU 4 Series 460, 465 and 480 models incorporate a range of refinements and new features designed for simplified engineering, installation and start-up. They also provide various options to increase utility and effectiveness of the control solution - including a space-efficient design that allows the unit to be mounted close to a burner versus in a separate cabinet, enabling better system integration.

Company Profiles


Some of the companies covered in this report are Advanced Power Technologies LLC., BPL Global LLC, Crompton Greaves Ltd., Dynamic Ratings, Eaton Corporation Plc, Echelon Corporation, Elster Group, General Electric Company, Honeywell International Inc., Hyosung Power & Industrial Systems, Hyundai Heavy Industries Co. Ltd, HZ Electric Inc, Kirloskar Electric Company Limited, KJ Dynatech Inc, Mitsubishi Electric Corporation, XD Group, etc.

Competitive Quadrant


The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?


The report offers a comprehensive evaluation of the Global Transformer Monitoring System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • BPL Global LLC
  • Dynamic Ratings
  • Echelon Corporation
  • General Electric Company
  • KJ Dynatech Inc
  • Schneider Electric S.E.
1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Shareholders

2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.3 Market Size Estimation
2.4 Assumptions of the Study
2.5 Limitations of the Study

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Digitalization of the Power Utilities
4.2.1.2 Growing Renewable Investments
4.2.1.3 Smart Grid Initiatives
4.2.2 Restraints
4.2.2.1 High Cost of Installation and Maintenance
4.2.3 Opportunities
4.2.3.1 Offshore Wind Farms
4.2.3.2 Growth of Big Data Analytics
4.2.4 Challenges
4.2.4.1 Acceptance Level among End Users
4.3 Trends

5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Transformer Monitoring System Market, By Type
6.1 Introduction
6.2 Hardware
6.3 IT Solutions

7 Global Transformer Monitoring System Market, By Application
7.1 Introduction
7.2 Distribution Transformers
7.3 Power Transformers
7.4 Generator Transformers
7.5 Specialty Transformer

8 Global Transformer Monitoring System Market, By Service
8.1 Introduction
8.2 Bushing Monitoring
8.3 Oil/Gas Monitoring
8.4 Others

9 Global Transformer Monitoring System Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 South America
9.3.1 Brazil
9.3.2 Argentina
9.4 Europe
9.4.1 UK
9.4.2 France
9.4.3 Germany
9.4.4 Italy
9.4.5 Spain
9.4.6 Rest of Europe
9.5 Asia-Pacific
9.5.1 China
9.5.2 Japan
9.5.3 India
9.5.4 Indonesia
9.5.5 Malaysia
9.5.6 South Korea
9.5.7 Australia
9.5.8 Russia
9.5.9 Rest of APAC
9.6 Rest of the World
9.6.1 Qatar
9.6.2 Saudi Arabia
9.6.3 South Africa
9.6.4 United Arab Emirates
9.6.5 Latin America

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Competitive Scenario
10.3.1 Mergers & Acquisitions
10.3.2 Agreement, Collaborations, & Partnerships
10.3.3 New Product Launches & Enhancements
10.3.4 Investments & Funding

11 Company Profiles
11.1 Advanced Power Technologies LLC.
11.2 BPL Global LLC
11.3 Crompton Greaves Ltd.
11.4 Dynamic Ratings
11.5 Eaton Corporation Plc.
11.6 Echelon Corporation
11.7 Elster Group
11.8 General Electric Company
11.9 Honeywell International Inc.
11.10 Hyosung Power & Industrial Systems
11.11 Hyundai Heavy Industries Co. Ltd
11.12 HZ Electric Inc
11.13 Kirloskar Electric Company Limited
11.14 KJ Dynatech Inc
11.15 Mitsubishi Electric Corporation
11.16 Ningbo Ligong Online Monitoring Technology Co., Ltd
11.17 S&C Electric Company
11.18 Schneider Electric S.E.
11.19 Schweitzer Engineering Laboratories, Inc.
11.20 Shanghai Kai People Electric Co., Ltd.
11.21 Siemens AG
11.22 Tebian Electric Apparatus (TBEA)
11.23 Wilson Transformer Company
11.24 XD Group

12 Appendix
12.1 Questionnaire
Note: Product cover images may vary from those shown
  • Advanced Power Technologies LLC.
  • BPL Global LLC
  • Crompton Greaves Ltd.
  • Dynamic Ratings
  • Eaton Corporation PLC.
  • Echelon Corporation
  • Elster Group
  • General Electric Company
  • Honeywell International Inc.
  • Hyosung Power & Industrial Systems
  • Hyundai Heavy Industries Co. Ltd
  • HZ Electric Inc
  • Kirloskar Electric Company Limited
  • KJ Dynatech Inc
  • Mitsubishi Electric Corporation
  • Ningbo Ligong Online Monitoring Technology Co. Ltd
  • S&C Electric Company
  • Schneider Electric S.E.
  • Schweitzer Engineering Laboratorie. Inc.
  • Shanghai Kai People Electric Co. Ltd.
  • Siemens AG
  • Tebian Electric Apparatus (TBEA)
  • Wilson Transformer Company
  • XD Group
Note: Product cover images may vary from those shown

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