Global Fiber Optical Current Transformer (FOCT) Market Growth 2025-2031

The global Fiber Optical Current Transformer (FOCT) market size is predicted to grow from US$ 171 million in 2025 to US$ 368 million in 2031; it is expected to grow at a CAGR of 13.6% from 2025 to 2031.

Global key players of Fiber Optical Current Transformer (FOCT) include ABB, Profotech, Arteche, etc. The top three players hold a share about 62%. Asia-Pacific is the largest market, and has a share about 35%, followed by Europe and North America with share 35% and 25%, separately. In terms of product type, Independent Pillar Type is the largest segment, accounting for a share of 37%. In terms of application, Converter Station is the largest field with a share about 51 percent.

LP Information, Inc. (LPI) ' newest research report, the “Fiber Optical Current Transformer (FOCT) Industry Forecast” looks at past sales and reviews total world Fiber Optical Current Transformer (FOCT) sales in 2024, providing a comprehensive analysis by region and market sector of projected Fiber Optical Current Transformer (FOCT) sales for 2025 through 2031. With Fiber Optical Current Transformer (FOCT) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fiber Optical Current Transformer (FOCT) industry.

This Insight Report provides a comprehensive analysis of the global Fiber Optical Current Transformer (FOCT) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fiber Optical Current Transformer (FOCT) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fiber Optical Current Transformer (FOCT) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fiber Optical Current Transformer (FOCT) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fiber Optical Current Transformer (FOCT).

This report presents a comprehensive overview, market shares, and growth opportunities of Fiber Optical Current Transformer (FOCT) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Independent Pillar Type

GIS Integrated Type

Other

Segmentation by Application:

Substation

Converter Station

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

ABB

Profotech

Arteche

GE Grid Solutions

NR Electric Co

Comcore Optical Intelligence Technologies

XJ Electric Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fiber Optical Current Transformer (FOCT) market?

What factors are driving Fiber Optical Current Transformer (FOCT) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fiber Optical Current Transformer (FOCT) market opportunities vary by end market size?

How does Fiber Optical Current Transformer (FOCT) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.