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Global Transformer Monitoring Solutions Market Research Report 2024
Synopsis
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.
The global Transformer Monitoring Solutions market was valued at US$ 1965.7 million in 2023 and is anticipated to reach US$ 2521.4 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Global key manufacturers of Transformer Monitors include GE, Hitachi Energy, Siemens, Eaton, etc, Doble Engineering Company, etc. Global top five manufacturers hold a share about 53%. Asia-Pacific is the largest market of Transformer Monitors, holds a sha֛
This report aims to provide a comprehensive presentation of the global market for Transformer Monitoring Solutions, 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 Transformer Monitoring Solutions.
Report Scope
The Transformer Monitoring Solutions market size, estimations, and forecasts are provided in terms of 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 Transformer Monitoring Solutions 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 Transformer Monitoring Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
General Electric
Itron
Siemens
Reinhausen Group
GRID20/20
Elster Solutions
GridSense
ABB
Itron
EDMI
Schweitzer Engineering Laboratories
Powertech System Integrators
Segment by Type
Distribution Transformer Monitor
Intelligent Transformer Monitors
Others
Segment by Application
Industrial and Mining
Power Station
High-Rise Buildings
Airport
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Transformer Monitoring Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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.
The global Transformer Monitoring Solutions market was valued at US$ 1965.7 million in 2023 and is anticipated to reach US$ 2521.4 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Global key manufacturers of Transformer Monitors include GE, Hitachi Energy, Siemens, Eaton, etc, Doble Engineering Company, etc. Global top five manufacturers hold a share about 53%. Asia-Pacific is the largest market of Transformer Monitors, holds a sha֛
This report aims to provide a comprehensive presentation of the global market for Transformer Monitoring Solutions, 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 Transformer Monitoring Solutions.
Report Scope
The Transformer Monitoring Solutions market size, estimations, and forecasts are provided in terms of 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 Transformer Monitoring Solutions 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 Transformer Monitoring Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, 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
General Electric
Itron
Siemens
Reinhausen Group
GRID20/20
Elster Solutions
GridSense
ABB
Itron
EDMI
Schweitzer Engineering Laboratories
Powertech System Integrators
Segment by Type
Distribution Transformer Monitor
Intelligent Transformer Monitors
Others
Segment by Application
Industrial and Mining
Power Station
High-Rise Buildings
Airport
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Transformer Monitoring Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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 capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Transformer Monitoring Solutions Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Distribution Transformer Monitor
1.2.3 Intelligent Transformer Monitors
1.2.4 Others
1.3 Market by Application
1.3.1 Global Transformer Monitoring Solutions Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Industrial and Mining
1.3.3 Power Station
1.3.4 High-Rise Buildings
1.3.5 Airport
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Transformer Monitoring Solutions Market Perspective (2019-2030)
2.2 Transformer Monitoring Solutions Growth Trends by Region
2.2.1 Global Transformer Monitoring Solutions Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Transformer Monitoring Solutions Historic Market Size by Region (2019-2024)
2.2.3 Transformer Monitoring Solutions Forecasted Market Size by Region (2025-2030)
2.3 Transformer Monitoring Solutions Market Dynamics
2.3.1 Transformer Monitoring Solutions Industry Trends
2.3.2 Transformer Monitoring Solutions Market Drivers
2.3.3 Transformer Monitoring Solutions Market Challenges
2.3.4 Transformer Monitoring Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Transformer Monitoring Solutions Players by Revenue
3.1.1 Global Top Transformer Monitoring Solutions Players by Revenue (2019-2024)
3.1.2 Global Transformer Monitoring Solutions Revenue Market Share by Players (2019-2024)
3.2 Global Transformer Monitoring Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Transformer Monitoring Solutions Revenue
3.4 Global Transformer Monitoring Solutions Market Concentration Ratio
3.4.1 Global Transformer Monitoring Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Transformer Monitoring Solutions Revenue in 2023
3.5 Transformer Monitoring Solutions Key Players Head office and Area Served
3.6 Key Players Transformer Monitoring Solutions Product Solution and Service
3.7 Date of Enter into Transformer Monitoring Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Transformer Monitoring Solutions Breakdown Data by Type
4.1 Global Transformer Monitoring Solutions Historic Market Size by Type (2019-2024)
4.2 Global Transformer Monitoring Solutions Forecasted Market Size by Type (2025-2030)
5 Transformer Monitoring Solutions Breakdown Data by Application
5.1 Global Transformer Monitoring Solutions Historic Market Size by Application (2019-2024)
5.2 Global Transformer Monitoring Solutions Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Transformer Monitoring Solutions Market Size (2019-2030)
6.2 North America Transformer Monitoring Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Transformer Monitoring Solutions Market Size by Country (2019-2024)
6.4 North America Transformer Monitoring Solutions Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Transformer Monitoring Solutions Market Size (2019-2030)
7.2 Europe Transformer Monitoring Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Transformer Monitoring Solutions Market Size by Country (2019-2024)
7.4 Europe Transformer Monitoring Solutions Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Transformer Monitoring Solutions Market Size (2019-2030)
8.2 Asia-Pacific Transformer Monitoring Solutions Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Transformer Monitoring Solutions Market Size by Region (2019-2024)
8.4 Asia-Pacific Transformer Monitoring Solutions Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Transformer Monitoring Solutions Market Size (2019-2030)
9.2 Latin America Transformer Monitoring Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Transformer Monitoring Solutions Market Size by Country (2019-2024)
9.4 Latin America Transformer Monitoring Solutions Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Transformer Monitoring Solutions Market Size (2019-2030)
10.2 Middle East & Africa Transformer Monitoring Solutions Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Transformer Monitoring Solutions Market Size by Country (2019-2024)
10.4 Middle East & Africa Transformer Monitoring Solutions Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Detail
11.1.2 General Electric Business Overview
11.1.3 General Electric Transformer Monitoring Solutions Introduction
11.1.4 General Electric Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.1.5 General Electric Recent Development
11.2 Itron
11.2.1 Itron Company Detail
11.2.2 Itron Business Overview
11.2.3 Itron Transformer Monitoring Solutions Introduction
11.2.4 Itron Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.2.5 Itron Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Transformer Monitoring Solutions Introduction
11.3.4 Siemens Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Reinhausen Group
11.4.1 Reinhausen Group Company Detail
11.4.2 Reinhausen Group Business Overview
11.4.3 Reinhausen Group Transformer Monitoring Solutions Introduction
11.4.4 Reinhausen Group Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.4.5 Reinhausen Group Recent Development
11.5 GRID20/20
11.5.1 GRID20/20 Company Detail
11.5.2 GRID20/20 Business Overview
11.5.3 GRID20/20 Transformer Monitoring Solutions Introduction
11.5.4 GRID20/20 Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.5.5 GRID20/20 Recent Development
11.6 Elster Solutions
11.6.1 Elster Solutions Company Detail
11.6.2 Elster Solutions Business Overview
11.6.3 Elster Solutions Transformer Monitoring Solutions Introduction
11.6.4 Elster Solutions Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.6.5 Elster Solutions Recent Development
11.7 GridSense
11.7.1 GridSense Company Detail
11.7.2 GridSense Business Overview
11.7.3 GridSense Transformer Monitoring Solutions Introduction
11.7.4 GridSense Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.7.5 GridSense Recent Development
11.8 ABB
11.8.1 ABB Company Detail
11.8.2 ABB Business Overview
11.8.3 ABB Transformer Monitoring Solutions Introduction
11.8.4 ABB Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.8.5 ABB Recent Development
11.9 Itron
11.9.1 Itron Company Detail
11.9.2 Itron Business Overview
11.9.3 Itron Transformer Monitoring Solutions Introduction
11.9.4 Itron Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.9.5 Itron Recent Development
11.10 EDMI
11.10.1 EDMI Company Detail
11.10.2 EDMI Business Overview
11.10.3 EDMI Transformer Monitoring Solutions Introduction
11.10.4 EDMI Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.10.5 EDMI Recent Development
11.11 Schweitzer Engineering Laboratories
11.11.1 Schweitzer Engineering Laboratories Company Detail
11.11.2 Schweitzer Engineering Laboratories Business Overview
11.11.3 Schweitzer Engineering Laboratories Transformer Monitoring Solutions Introduction
11.11.4 Schweitzer Engineering Laboratories Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.11.5 Schweitzer Engineering Laboratories Recent Development
11.12 Powertech System Integrators
11.12.1 Powertech System Integrators Company Detail
11.12.2 Powertech System Integrators Business Overview
11.12.3 Powertech System Integrators Transformer Monitoring Solutions Introduction
11.12.4 Powertech System Integrators Revenue in Transformer Monitoring Solutions Business (2019-2024)
11.12.5 Powertech System Integrators Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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