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Global Transformer Monitoring System Market

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This share is attributed to government regulations targeting the monitoring and control of transmission networks. Remote monitoring is also a key focus area in most countries, which is driving the market. – PowerPoint PPT presentation

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Title: Global Transformer Monitoring System Market


1
Global Transformer Monitoring System Market
2
The transformer monitoring system market is
projected to grow at a CAGR of 12.77 from 2016
to 2021
  • The transformer monitoring system market is
    projected to reach USD 2.68 billion by 2021,
    growing at a CAGR of 12.77 from 2016 to 2021.
    The usage of transformer monitoring systems is
    based on different working conditions, such as
    power ratings, loading conditions, and areas of
    applications. Digitalization of utilities,
    renewable investments, and smart grid initiatives
    are expected to drive the transformer monitoring
    system market. Cost barriers is a restraint for
    established transformer monitoring system
    manufacturers.

3
(No Transcript)
4
The power transformer segment is expected to grow
at the fastest CAGR from 2016 to 2021
  • Power transformer is the largest segment, based
    on application, of the transformer monitoring
    system market. This share is attributed to
    government regulations targeting the monitoring
    and control of transmission networks. Remote
    monitoring is also a key focus area in most
    countries, which is driving the market.

5
Asia-Pacific The largest market for transformer
monitoring system
  • In this report, the transformer monitoring system
    market has been analyzed with respect to six
    regions, namely, North America, Europe,
    Asia-Pacific, South America, the Middle East, and
    Africa.
  • Asia-Pacific is expected to be the largest market
    for transformer monitoring solutions the region
    has the most number of developing economies with
    high capacity addition planned during the
    forecast period.
  • Utilities are expected to adopt monitoring
    solutions as a part of their plans for installing
    new transformers.

6
Breakdown of Primaries
  • In-depth interviews have been conducted with
    various key industry participants, subject matter
    experts, C-level executives of key market
    players, and industry consultants, among other
    experts, to obtain and verify critical
    qualitative and quantitative information as well
    as to assess future market prospects. The
    distribution of primary interviews is as follows

7
  • By Company Type Tier 1- 35, Tier 2- 45, Tier
    3- 20By Designation C-Level- 35, D-Level-
    25, Others- 40By Region North America- 30,
    Europe- 10, Asia-Pacific- 20, Middle East-
    35,  Rest of the World- 5
  • The leading players in the transformer monitoring
    system market include ABB Ltd. (Switzerland),
    Eaton Corporation Plc. (Ireland), General
    Electric (U.S.), Schneider Electric (France), and
    Siemens AG (Germany).

8
Research Coverage
  • The report provides a picture on transformer
    monitoring system across different industry
    verticals and regions.
  • It aims at estimating the market size and future
    growth potential of this market across different
    segments such as type, application, service, and
    region.
  • Furthermore, the report also includes an in-depth
    competitive analysis of the key players in the
    market along with their company profiles, SWOT
    analysis, recent developments, and key market
    strategies.

9
Why buy this report?
  • 1. The report identifies and addresses key
    markets for transformer monitoring system market,
    which is useful for suppliers to review the
    growth in demand for the product.
  • 2. The report helps solution providers to
    understand the pulse of the market and provides
    insights on drivers, restraints, and challenges.
  • 3. The report will help key players to better
    understand the competitions strategies and will
    help in making strategic decisions.

10
Reaport Read Global Transformer Monitoring System
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