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Global Optical Current Transformer Market Research Report 2024
Synopsis
The global Optical Current Transformer market was valued at US$ 270 million in 2023 and is anticipated to reach US$ 931.9 million by 2030, witnessing a CAGR of 18.3% during the forecast period 2024-2030.
The key manufacturers of optical current transformer in the world include ABB, Profotech, Trench Group, T&D Products Ltd, NR Electric Co., Ltd., Arteche, GE, Yangtze Optical Electronic Co.,Ltd. and Comcore Optical Intelligence Technologies Co., Ltd., among which the top two manufacturers have more than 30% of the market share. The global optical current transformer production is mainly distributed in North America, Europe, China and Japan, among which the first two production regions have more than 65% of the market share. At present, Europe is the largest production region, with more than 45% of the market share. As far as products are concerned, hybrid optical current transformers have a relatively fast growth rate, with a market share of more than 50%, followed by fiber optical current transformers. In terms of application, DC power grid is the first application field, with more than 30% market share, followed by converter station.
This report aims to provide a comprehensive presentation of the global market for Optical Current Transformer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Current Transformer.
Report Scope
The Optical Current Transformer market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Optical Current Transformer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Optical Current Transformer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Profotech
Trench Group
T&D Products Ltd
NR Electric Co., Ltd.
Arteche
GE
Yangtze Optical Electronic Co.,Ltd.
Comcore Optical Intelligence Technologies Co., Ltd.
Segment by Type
Fiber Optical Current Transformer (FOCT)
Hybrid Optical Current Transformer (HOCT)
Segment by Application
Substation
Converter Station
DC Power Grid
Smart Grid
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Optical Current Transformer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Optical Current Transformer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Optical Current Transformer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Optical Current Transformer market was valued at US$ 270 million in 2023 and is anticipated to reach US$ 931.9 million by 2030, witnessing a CAGR of 18.3% during the forecast period 2024-2030.
The key manufacturers of optical current transformer in the world include ABB, Profotech, Trench Group, T&D Products Ltd, NR Electric Co., Ltd., Arteche, GE, Yangtze Optical Electronic Co.,Ltd. and Comcore Optical Intelligence Technologies Co., Ltd., among which the top two manufacturers have more than 30% of the market share. The global optical current transformer production is mainly distributed in North America, Europe, China and Japan, among which the first two production regions have more than 65% of the market share. At present, Europe is the largest production region, with more than 45% of the market share. As far as products are concerned, hybrid optical current transformers have a relatively fast growth rate, with a market share of more than 50%, followed by fiber optical current transformers. In terms of application, DC power grid is the first application field, with more than 30% market share, followed by converter station.
This report aims to provide a comprehensive presentation of the global market for Optical Current Transformer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Current Transformer.
Report Scope
The Optical Current Transformer market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Optical Current Transformer market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Optical Current Transformer manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB
Profotech
Trench Group
T&D Products Ltd
NR Electric Co., Ltd.
Arteche
GE
Yangtze Optical Electronic Co.,Ltd.
Comcore Optical Intelligence Technologies Co., Ltd.
Segment by Type
Fiber Optical Current Transformer (FOCT)
Hybrid Optical Current Transformer (HOCT)
Segment by Application
Substation
Converter Station
DC Power Grid
Smart Grid
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Optical Current Transformer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Optical Current Transformer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Optical Current Transformer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Optical Current Transformer Market Overview
1.1 Product Definition
1.2 Optical Current Transformer Segment by Type
1.2.1 Global Optical Current Transformer Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Fiber Optical Current Transformer (FOCT)
1.2.3 Hybrid Optical Current Transformer (HOCT)
1.3 Optical Current Transformer Segment by Application
1.3.1 Global Optical Current Transformer Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Substation
1.3.3 Converter Station
1.3.4 DC Power Grid
1.3.5 Smart Grid
1.3.6 Others
1.4 Global Market Growth Prospects
1.4.1 Global Optical Current Transformer Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Optical Current Transformer Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Optical Current Transformer Production Estimates and Forecasts (2019-2030)
1.4.4 Global Optical Current Transformer Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Optical Current Transformer Production Market Share by Manufacturers (2019-2024)
2.2 Global Optical Current Transformer Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Optical Current Transformer, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Optical Current Transformer Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Optical Current Transformer Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Optical Current Transformer, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Optical Current Transformer, Product Offered and Application
2.8 Global Key Manufacturers of Optical Current Transformer, Date of Enter into This Industry
2.9 Optical Current Transformer Market Competitive Situation and Trends
2.9.1 Optical Current Transformer Market Concentration Rate
2.9.2 Global 5 and 10 Largest Optical Current Transformer Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Optical Current Transformer Production by Region
3.1 Global Optical Current Transformer Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Optical Current Transformer Production Value by Region (2019-2030)
3.2.1 Global Optical Current Transformer Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Optical Current Transformer by Region (2025-2030)
3.3 Global Optical Current Transformer Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Optical Current Transformer Production by Region (2019-2030)
3.4.1 Global Optical Current Transformer Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Optical Current Transformer by Region (2025-2030)
3.5 Global Optical Current Transformer Market Price Analysis by Region (2019-2024)
3.6 Global Optical Current Transformer Production and Value, Year-over-Year Growth
3.6.1 North America Optical Current Transformer Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Optical Current Transformer Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Optical Current Transformer Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Optical Current Transformer Production Value Estimates and Forecasts (2019-2030)
4 Optical Current Transformer Consumption by Region
4.1 Global Optical Current Transformer Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Optical Current Transformer Consumption by Region (2019-2030)
4.2.1 Global Optical Current Transformer Consumption by Region (2019-2024)
4.2.2 Global Optical Current Transformer Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Optical Current Transformer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Optical Current Transformer Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Optical Current Transformer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Optical Current Transformer Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Optical Current Transformer Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Optical Current Transformer Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Optical Current Transformer Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Optical Current Transformer Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Optical Current Transformer Production by Type (2019-2030)
5.1.1 Global Optical Current Transformer Production by Type (2019-2024)
5.1.2 Global Optical Current Transformer Production by Type (2025-2030)
5.1.3 Global Optical Current Transformer Production Market Share by Type (2019-2030)
5.2 Global Optical Current Transformer Production Value by Type (2019-2030)
5.2.1 Global Optical Current Transformer Production Value by Type (2019-2024)
5.2.2 Global Optical Current Transformer Production Value by Type (2025-2030)
5.2.3 Global Optical Current Transformer Production Value Market Share by Type (2019-2030)
5.3 Global Optical Current Transformer Price by Type (2019-2030)
6 Segment by Application
6.1 Global Optical Current Transformer Production by Application (2019-2030)
6.1.1 Global Optical Current Transformer Production by Application (2019-2024)
6.1.2 Global Optical Current Transformer Production by Application (2025-2030)
6.1.3 Global Optical Current Transformer Production Market Share by Application (2019-2030)
6.2 Global Optical Current Transformer Production Value by Application (2019-2030)
6.2.1 Global Optical Current Transformer Production Value by Application (2019-2024)
6.2.2 Global Optical Current Transformer Production Value by Application (2025-2030)
6.2.3 Global Optical Current Transformer Production Value Market Share by Application (2019-2030)
6.3 Global Optical Current Transformer Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB
7.1.1 ABB Optical Current Transformer Corporation Information
7.1.2 ABB Optical Current Transformer Product Portfolio
7.1.3 ABB Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Main Business and Markets Served
7.1.5 ABB Recent Developments/Updates
7.2 Profotech
7.2.1 Profotech Optical Current Transformer Corporation Information
7.2.2 Profotech Optical Current Transformer Product Portfolio
7.2.3 Profotech Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Profotech Main Business and Markets Served
7.2.5 Profotech Recent Developments/Updates
7.3 Trench Group
7.3.1 Trench Group Optical Current Transformer Corporation Information
7.3.2 Trench Group Optical Current Transformer Product Portfolio
7.3.3 Trench Group Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Trench Group Main Business and Markets Served
7.3.5 Trench Group Recent Developments/Updates
7.4 T&D Products Ltd
7.4.1 T&D Products Ltd Optical Current Transformer Corporation Information
7.4.2 T&D Products Ltd Optical Current Transformer Product Portfolio
7.4.3 T&D Products Ltd Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.4.4 T&D Products Ltd Main Business and Markets Served
7.4.5 T&D Products Ltd Recent Developments/Updates
7.5 NR Electric Co., Ltd.
7.5.1 NR Electric Co., Ltd. Optical Current Transformer Corporation Information
7.5.2 NR Electric Co., Ltd. Optical Current Transformer Product Portfolio
7.5.3 NR Electric Co., Ltd. Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.5.4 NR Electric Co., Ltd. Main Business and Markets Served
7.5.5 NR Electric Co., Ltd. Recent Developments/Updates
7.6 Arteche
7.6.1 Arteche Optical Current Transformer Corporation Information
7.6.2 Arteche Optical Current Transformer Product Portfolio
7.6.3 Arteche Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Arteche Main Business and Markets Served
7.6.5 Arteche Recent Developments/Updates
7.7 GE
7.7.1 GE Optical Current Transformer Corporation Information
7.7.2 GE Optical Current Transformer Product Portfolio
7.7.3 GE Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.7.4 GE Main Business and Markets Served
7.7.5 GE Recent Developments/Updates
7.8 Yangtze Optical Electronic Co.,Ltd.
7.8.1 Yangtze Optical Electronic Co.,Ltd. Optical Current Transformer Corporation Information
7.8.2 Yangtze Optical Electronic Co.,Ltd. Optical Current Transformer Product Portfolio
7.8.3 Yangtze Optical Electronic Co.,Ltd. Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Yangtze Optical Electronic Co.,Ltd. Main Business and Markets Served
7.7.5 Yangtze Optical Electronic Co.,Ltd. Recent Developments/Updates
7.9 Comcore Optical Intelligence Technologies Co., Ltd.
7.9.1 Comcore Optical Intelligence Technologies Co., Ltd. Optical Current Transformer Corporation Information
7.9.2 Comcore Optical Intelligence Technologies Co., Ltd. Optical Current Transformer Product Portfolio
7.9.3 Comcore Optical Intelligence Technologies Co., Ltd. Optical Current Transformer Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Comcore Optical Intelligence Technologies Co., Ltd. Main Business and Markets Served
7.9.5 Comcore Optical Intelligence Technologies Co., Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Optical Current Transformer Industry Chain Analysis
8.2 Optical Current Transformer Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Optical Current Transformer Production Mode & Process
8.4 Optical Current Transformer Sales and Marketing
8.4.1 Optical Current Transformer Sales Channels
8.4.2 Optical Current Transformer Distributors
8.5 Optical Current Transformer Customers
9 Optical Current Transformer Market Dynamics
9.1 Optical Current Transformer Industry Trends
9.2 Optical Current Transformer Market Drivers
9.3 Optical Current Transformer Market Challenges
9.4 Optical Current Transformer Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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