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Instrument Transformers Global Market Report 2021: COVID-19 Growth and Change

  • ID: 5401752
  • Report
  • August 2021
  • Region: Global
  • 175 Pages
  • The Business Research Company

FEATURED COMPANIES

  • ABB Ltd.
  • Arteche Group
  • Eaton Corporation
  • EMEK Group
  • General Electric Co
  • Nissin Electric Co., Ltd.
Instrument Transformers Global Market Report 2021: COVID-19 Growth and Change provides the strategists, marketers and senior management with the critical information they need to assess the global instrument transformers market.



This report focuses on the instrument transformers market which is experiencing strong growth. The report gives a guide to the instrument transformers market which will be shaping and changing our lives over the next ten years and beyond, including the market's response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:


Where is the largest and fastest growing market for the instrument transformers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Instrument Transformers market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider instrument transformers market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The instrument transformers market section of the report gives context. It compares the instrument transformers market with other segments of the instrument transformers market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, instrument transformers indicators comparison.

Scope


Markets Covered:

  • By Type: Current Transformers; Potential Transformers; Combined Instrument Transformers
  • By Enclosure Type: Indoor; Outdoor
  • By Voltage: Distribution Voltage; Sub-Transmission Voltage; High Voltage Transmission; Extra High Voltage transmission; Ultra-High Voltage Transmission
  • By Application: Relaying; Switchgear Assemblies; Metering and Protection; Others
  • By End-User: Power Utilities; Power Generation; Industries and OEMs; Others

Companies Mentioned:

ABB Ltd.; Arteche Group; Bharat Heavy Electricals Limited; CG Power and Industrial Solutions Limited; General Electric Co

Countries:

Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series:

Five years historic and ten years forecast.

Data:

Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data segmentations:

country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing:

Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Instrument Transformers Market

What is the estimated value of the Global Instrument Transformers Market?

The Global Instrument Transformers Market was estimated to be valued at $7.6 billion in 2021.

What is the growth rate of the Global Instrument Transformers Market?

The growth rate of the Global Instrument Transformers Market is 6.2%, with an estimated value of $9.7 billion by 2025.

What is the forecasted size of the Global Instrument Transformers Market?

The Global Instrument Transformers Market is estimated to be worth $9.7 billion by 2025.

Who are the key companies in the Global Instrument Transformers Market?

Key companies in the Global Instrument Transformers Market include ABB Ltd., Arteche Group, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Limited, General Electric Co, Mitsubishi Electric Corporation, Schneider Electric, Siemens and Amran Instrument Transformers.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd.
  • Arteche Group
  • Eaton Corporation
  • EMEK Group
  • General Electric Co
  • Nissin Electric Co., Ltd.

1. Executive Summary


2. Instrument Transformers Market Characteristics


3. Instrument Transformers Market Trends and Strategies


4. Impact Of COVID-19 On Instrument Transformers


5. Instrument Transformers Market Size and Growth

5.1. Global Instrument Transformers Historic Market, 2015-2020, $ Billion
5.1.1. Drivers Of the Market
5.1.2. Restraints On the Market
5.2. Global Instrument Transformers Forecast Market, 2020-2025F, 2030F, $ Billion
5.2.1. Drivers Of the Market
5.2.2. Restraints On the Market

6. Instrument Transformers Market Segmentation

6.1. Global Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Current Transformers
  • Potential Transformers
  • Combined Instrument Transformers
6.2. Global Instrument Transformers Market, Segmentation by Enclosure Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Indoor
  • Outdoor
6.3. Global Instrument Transformers Market, Segmentation by Voltage, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Distribution Voltage
  • Sub-Transmission Voltage
  • High Voltage Transmission
  • Extra High Voltage transmission
  • Ultra-High Voltage Transmission
6.4. Global Instrument Transformers Market, Segmentation by Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Relaying
  • Switchgear Assemblies
  • Metering and Protection
  • Others
6.5. Global Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Power Utilities
  • Power Generation
  • Industries and OEMs
  • Others

7. Instrument Transformers Market Regional and Country Analysis

7.1. Global Instrument Transformers Market, Split by Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
7.2. Global Instrument Transformers Market, Split by Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

8. Asia-Pacific Instrument Transformers Market

8.1. Asia-Pacific Instrument Transformers Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
8.3. Asia-Pacific Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

9. China Instrument Transformers Market

9.1. China Instrument Transformers Market Overview
9.2. China Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion
9.3. China Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

10. India Instrument Transformers Market

10.1. India Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
10.2. India Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

11. Japan Instrument Transformers Market

11.1. Japan Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
11.2. Japan Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

12. Australia Instrument Transformers Market

12.1. Australia Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
12.2. Australia Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

13. Indonesia Instrument Transformers Market

13.1. Indonesia Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
13.2. Indonesia Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

14. South Korea Instrument Transformers Market

14.1. South Korea Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
14.2. South Korea Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

15. Western Europe Instrument Transformers Market

15.1. Western Europe Instrument Transformers Market Overview
15.2. Western Europe Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
15.3. Western Europe Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

16. UK Instrument Transformers Market

16.1. UK Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
16.2. UK Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

17. Germany Instrument Transformers Market

17.1. Germany Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
17.2. Germany Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

18. France Instrument Transformers Market

18.4. France Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
18.5. France Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

19. Eastern Europe Instrument Transformers Market

19.1. Eastern Europe Instrument Transformers Market Overview
19.2. Eastern Europe Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
19.3. Eastern Europe Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

20. Russia Instrument Transformers Market

20.1. Russia Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
20.2. Russia Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

21. North America Instrument Transformers Market

21.1. North America Instrument Transformers Market Overview
21.2. North America Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
21.3. North America Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

22. USA Instrument Transformers Market

22.1. USA Instrument Transformers Market Overview
22.2. USA Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
22.3. USA Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

23. South America Instrument Transformers Market

23.1. South America Instrument Transformers Market Overview
23.2. South America Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
23.3. South America Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

24. Brazil Instrument Transformers Market

24.1. Brazil Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
24.2. Brazil Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

25. Middle East Instrument Transformers Market

25.1. Middle East Instrument Transformers Market Overview
25.2. Middle East Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
25.3. Middle East Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

26. Africa Instrument Transformers Market

26.1. Africa Instrument Transformers Market Overview
26.2. Africa Instrument Transformers Market, Segmentation by Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
26.3. Africa Instrument Transformers Market, Segmentation by End-User, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

27. Instrument Transformers Market Competitive Landscape and Company Profiles

27.1. Instrument Transformers Market Competitive Landscape
27.2. Instrument Transformers Market Company Profiles
27.2.1. ABB Ltd.
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Arteche Group
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Bharat Heavy Electricals Limited
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. CG Power and Industrial Solutions Limited
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. General Electric Co
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance

28. Key Mergers and Acquisitions in the Instrument Transformers Market


29. Instrument Transformers Market Future Outlook and Potential Analysis


30. Appendix

30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright and Disclaimer
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABB Ltd.
  • Arteche Group
  • Eaton Corporation
  • EMEK Group
  • General Electric Co
  • Nissin Electric Co., Ltd.
Major players in the instrument transformers market are ABB Ltd., Arteche Group, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Limited, General Electric Co, Mitsubishi Electric Corporation, Schneider Electric, Siemens, Toshiba Corporation, Amran Instrument Transformers, Eaton Corporation, EMEK Group, Instrument Transformer Equipment Corporation, Nissin Electric Co., Ltd., PFIFFNER instrument transformers, PME Power Solutions Limited, Rakesh Transformer Industries Pvt. Ltd, and Synergy Transformers.

The global instrument transformers market is expected to grow from $7.01 billion in 2020 to $7.61 billion in 2021 at a compound annual growth rate (CAGR) of 8.47%. The growth is mainly due to the growing demand for electricity, fuel by growing reliance on electrical devices in the forecast period. The market is expected to reach $9.69 billion in 2025 at a CAGR of 6.23%.

The instrument transformers market consists of sales of instrument transformers by entities (organizations, sole traders, and partnerships) that manufacture instrument transformers. Instrument transformers are electrical devices of high precision that are used to isolate or convert the voltage or current levels. Instrument transformers are most often used to run instruments or metering from high voltage or high current circuits while securely disconnecting secondary control circuits from high voltages or currents.

The main types of instrument transformers include current transformers, potential transformers, and combined instrument transformers.. These transformers contain indoor and outdoor enclosure types and are used to transform different voltages such as distribution voltage, sub-transmission voltage, high voltage transmission, extra high voltage transmission, and ultra-high voltage transmission. The instrument transformers are used in relaying, switchgear assemblies, metering, and protection, others and implemented in different verticals such as power utilities, power generation, industries and OEMs, others.

Asia Pacific was the largest region in the instrument transformers market in 2020. Europe was the second-largest market in the instrument transformers market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Technological advancement is shaping the instrument transformers market. Major companies operating in the instrument transformers field are focused on developing technological solutions for instrument transformers. For instance, in September 2020, Hitachi ABB Power Grids, a Switzerland-based company that offers instrument transformers introduced TXpert Ecosystem for the digitalization of transformers. The ecosystem is intended to support data-driven knowledge and decision-making in transformer and power grid operations and maintenance.

In March 2021, Siemens AG, a German-based company acquired C&S Electric Limited for $285.4 million. The acquisition will enable Siemens AG to take up the competitive infrastructure low-voltage market in India while creating a manufacturing hub for sourcing low-voltage products for export to global markets. C&S Electric Limited is an India-based electrical equipment manufacturer.

The increasing electricity demand is expected to fuel the growth of the instrument transformers market in the coming years. Electricity is a form of energy that can be transmitted through wires and is used for heating, lighting, and machine power. As a result of increased household incomes, electrification of transportation and heat, surging demand for digitally connected devices and air conditioning, the electricity demand is expected to propel even further. Instrument transformers are specialized transformers that are used to test current and voltage while keeping measurement and control equipment isolated from the primary circuit. For instance, according to the World Energy Outlook, global electricity demand is expected to increase at 2.1% per year until 2040, double the rate of primary energy growth. The share of electricity in the overall final energy demand is expected to rise from 19% in 2018 to 24% in 2040 as a result of this. Therefore, the increasing electricity demand propels the growth of the instrument transformers market.

The countries covered in the Instrument Transformers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • ABB Ltd.
  • Arteche Group
  • Bharat Heavy Electricals Limited
  • CG Power and Industrial Solutions Limited
  • General Electric Co
  • Mitsubishi Electric Corporation
  • Schneider Electric
  • Siemens
  • Toshiba Corporation
  • Amran Instrument Transformers
  • Eaton Corporation
  • EMEK Group
  • Instrument Transformer Equipment Corporation
  • Nissin Electric Co., Ltd.
  • PFIFFNER Instrument Transformers
  • PME Power Solutions Limited
  • Rakesh Transformer Industries Pvt. Ltd
  • Synergy Transformers
Note: Product cover images may vary from those shown

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