Global Transformer Monitors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Transformer Monitors Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A transformer is an electrical equipment that helps in varying the voltage of the electric current. This stepping up and stepping down of the voltage is especially important when a safe amount of electric current is required to be supplied to the end users. In order to ensure continuous and safe transmission of electricity from the power generation plant to the end users, the transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a transformer monitoring system within a transformer housing. Requirement of a transformer monitor is especially important when faults and anomalies within the grid or circuit have to be detected before the complete breakdown of the transformer occurs.

According to our (Global Info Research) latest study, the global Transformer Monitors market size was valued at US$ 2147 million in 2023 and is forecast to a readjusted size of USD 3305 million by 2030 with a CAGR of 6.4% during review period.

Global key manufacturers of Transformer Monitors include GE, Hitachi Energy, Siemens, Eaton, etc, Doble Engineering Company, etc. Global top five manufacturers hold a share about 50%. Asia-Pacific is the largest market of Transformer Monitors, holds a share over 35%. In terms of product, the DGA Devices holds a larger segment, with a share over 30%. And in terms of application, the largest application is Power Transformers, with a share of about 70%.

This report is a detailed and comprehensive analysis for global Transformer Monitors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Transformer Monitors market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Transformer Monitors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Transformer Monitors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030

Global Transformer Monitors market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Transformer Monitors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Transformer Monitors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Hitachi Energy, Siemens, Eaton, Doble Engineering Company, Mitsubishi, Weidmann, Qualitrol, Koncar, Vaisala, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Transformer Monitors market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
DGA Devices
Partial Discharge (PD)
Bushing Monitoring
Others

Market segment by Application
Power Transformers
Distribution Transformers

Major players covered
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Transformer Monitors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Transformer Monitors, with price, sales quantity, revenue, and global market share of Transformer Monitors from 2019 to 2024.

Chapter 3, the Transformer Monitors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Transformer Monitors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Transformer Monitors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Transformer Monitors.

Chapter 14 and 15, to describe Transformer Monitors sales channel, distributors, customers, research findings and conclusion.