Global Transformer Monitoring System Market Growth 2025-2031

The global Transformer Monitoring System market size is predicted to grow from US$ 2360 million in 2025 to US$ 2976 million in 2031; it is expected to grow at a CAGR of 3.9% 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 monitoring system is especially important when faults and anomalies within the grid or circuit have to be detected before the complete breakdown of the transformer occurs.

Global key transformer monitoring system manufacturers include GE, Hitachi ABB etc.The top 3 companies hold a share about 40%.Asia Pacific is the largest market, with a share about 40%, followed by Europe and North America with the share about 26% and 22%.

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

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transformer Monitoring System 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 Transformer Monitoring System.

This report presents a comprehensive overview, market shares, and growth opportunities of Transformer Monitoring System market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Bushing Monitoring
DGA Devices
Partial Discharge (PD)
Others

Segmentation by Application:
Power Transformers
Distribution Transformers
Others

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 ABB
Siemens
Doble Engineering Company
Eaton
Weidmann
Mitsubishi
Qualitrol
Koncar
Schweitzer Engineering Laboratories
Vaisala
LGOM

Key Questions Addressed in this Report

What is the 10-year outlook for the global Transformer Monitoring System market?

What factors are driving Transformer Monitoring System market growth, globally and by region?

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

How do Transformer Monitoring System market opportunities vary by end market size?

How does Transformer Monitoring System break out by Type, by Application?

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