Global Power Transformers Monitors Market Growth 2025-2031

The global Power Transformers Monitors market size is predicted to grow from US$ 2426 million in 2025 to US$ 3548 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.

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.

Power Transformer Monitors is mainly manufactured and sold by GE, Hitachi Energy, Siemens, Eaton, Doble Engineering Company, Weidmann, Vaisala, Mitsubishi, Qualitrol, Koncar, Schweitzer Engineering Laboratories and LGOM ; and top ten companies occupied about 71.0% market share in 2022.

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

This Insight Report provides a comprehensive analysis of the global Power Transformers Monitors 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 Power Transformers Monitors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Transformers Monitors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Transformers Monitors 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 Power Transformers Monitors.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Transformers Monitors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DGA Devices Monitoring
Partial Discharge Monitoring
Bushing Monitoring
Others

Segmentation by Application:
Transmission Transformer
Distribution Transformer

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.
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM
Motwane

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Transformers Monitors market?

What factors are driving Power Transformers Monitors market growth, globally and by region?

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

How do Power Transformers Monitors market opportunities vary by end market size?

How does Power Transformers Monitors break out by Type, by Application?

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