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Global Transformer Monitors 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 Monitors market was valued at US$ 1965.7 million in 2023 and is anticipated to reach US$ 3058.5 million by 2030, witnessing a CAGR of 6.6% 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 50%. Asia-Pacific is the largest market of Transformer Monitors, holds a share over 35%. In terms of product, the DGA Devices holds a larger segment, with a share over 30%. And in terms of application, the largest application is Power Transformers, with a share of about 70%.
This report aims to provide a comprehensive presentation of the global market for Transformer Monitors, 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 Monitors.
Report Scope
The Transformer Monitors 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 Transformer Monitors 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 Monitors 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
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM
Segment by Type
DGA Devices
Partial Discharge (PD)
Bushing Monitoring
Others
Segment by Application
Power Transformers
Distribution Transformers
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 Transformer Monitors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transformer Monitors 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 Transformer Monitors 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.
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 Monitors market was valued at US$ 1965.7 million in 2023 and is anticipated to reach US$ 3058.5 million by 2030, witnessing a CAGR of 6.6% 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 50%. Asia-Pacific is the largest market of Transformer Monitors, holds a share over 35%. In terms of product, the DGA Devices holds a larger segment, with a share over 30%. And in terms of application, the largest application is Power Transformers, with a share of about 70%.
This report aims to provide a comprehensive presentation of the global market for Transformer Monitors, 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 Monitors.
Report Scope
The Transformer Monitors 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 Transformer Monitors 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 Monitors 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
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM
Segment by Type
DGA Devices
Partial Discharge (PD)
Bushing Monitoring
Others
Segment by Application
Power Transformers
Distribution Transformers
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 Transformer Monitors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Transformer Monitors 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 Transformer Monitors 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 Transformer Monitors Market Overview
1.1 Product Definition
1.2 Transformer Monitors Segment by Type
1.2.1 Global Transformer Monitors Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 DGA Devices
1.2.3 Partial Discharge (PD)
1.2.4 Bushing Monitoring
1.2.5 Others
1.3 Transformer Monitors Segment by Application
1.3.1 Global Transformer Monitors Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Power Transformers
1.3.3 Distribution Transformers
1.4 Global Market Growth Prospects
1.4.1 Global Transformer Monitors Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Transformer Monitors Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Transformer Monitors Production Estimates and Forecasts (2019-2030)
1.4.4 Global Transformer Monitors Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Transformer Monitors Production Market Share by Manufacturers (2019-2024)
2.2 Global Transformer Monitors Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Transformer Monitors, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Transformer Monitors Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Transformer Monitors Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Transformer Monitors, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Transformer Monitors, Product Offered and Application
2.8 Global Key Manufacturers of Transformer Monitors, Date of Enter into This Industry
2.9 Transformer Monitors Market Competitive Situation and Trends
2.9.1 Transformer Monitors Market Concentration Rate
2.9.2 Global 5 and 10 Largest Transformer Monitors Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Transformer Monitors Production by Region
3.1 Global Transformer Monitors Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Transformer Monitors Production Value by Region (2019-2030)
3.2.1 Global Transformer Monitors Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Transformer Monitors by Region (2025-2030)
3.3 Global Transformer Monitors Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Transformer Monitors Production by Region (2019-2030)
3.4.1 Global Transformer Monitors Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Transformer Monitors by Region (2025-2030)
3.5 Global Transformer Monitors Market Price Analysis by Region (2019-2024)
3.6 Global Transformer Monitors Production and Value, Year-over-Year Growth
3.6.1 North America Transformer Monitors Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Transformer Monitors Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Transformer Monitors Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Transformer Monitors Production Value Estimates and Forecasts (2019-2030)
4 Transformer Monitors Consumption by Region
4.1 Global Transformer Monitors Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Transformer Monitors Consumption by Region (2019-2030)
4.2.1 Global Transformer Monitors Consumption by Region (2019-2024)
4.2.2 Global Transformer Monitors Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Transformer Monitors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Transformer Monitors Consumption by Country (2019-2030)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Transformer Monitors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Transformer Monitors 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 Transformer Monitors Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Transformer Monitors 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 Transformer Monitors Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Transformer Monitors Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Transformer Monitors Production by Type (2019-2030)
5.1.1 Global Transformer Monitors Production by Type (2019-2024)
5.1.2 Global Transformer Monitors Production by Type (2025-2030)
5.1.3 Global Transformer Monitors Production Market Share by Type (2019-2030)
5.2 Global Transformer Monitors Production Value by Type (2019-2030)
5.2.1 Global Transformer Monitors Production Value by Type (2019-2024)
5.2.2 Global Transformer Monitors Production Value by Type (2025-2030)
5.2.3 Global Transformer Monitors Production Value Market Share by Type (2019-2030)
5.3 Global Transformer Monitors Price by Type (2019-2030)
6 Segment by Application
6.1 Global Transformer Monitors Production by Application (2019-2030)
6.1.1 Global Transformer Monitors Production by Application (2019-2024)
6.1.2 Global Transformer Monitors Production by Application (2025-2030)
6.1.3 Global Transformer Monitors Production Market Share by Application (2019-2030)
6.2 Global Transformer Monitors Production Value by Application (2019-2030)
6.2.1 Global Transformer Monitors Production Value by Application (2019-2024)
6.2.2 Global Transformer Monitors Production Value by Application (2025-2030)
6.2.3 Global Transformer Monitors Production Value Market Share by Application (2019-2030)
6.3 Global Transformer Monitors Price by Application (2019-2030)
7 Key Companies Profiled
7.1 GE
7.1.1 GE Transformer Monitors Corporation Information
7.1.2 GE Transformer Monitors Product Portfolio
7.1.3 GE Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.1.4 GE Main Business and Markets Served
7.1.5 GE Recent Developments/Updates
7.2 Hitachi Energy
7.2.1 Hitachi Energy Transformer Monitors Corporation Information
7.2.2 Hitachi Energy Transformer Monitors Product Portfolio
7.2.3 Hitachi Energy Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Hitachi Energy Main Business and Markets Served
7.2.5 Hitachi Energy Recent Developments/Updates
7.3 Siemens
7.3.1 Siemens Transformer Monitors Corporation Information
7.3.2 Siemens Transformer Monitors Product Portfolio
7.3.3 Siemens Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Siemens Main Business and Markets Served
7.3.5 Siemens Recent Developments/Updates
7.4 Eaton
7.4.1 Eaton Transformer Monitors Corporation Information
7.4.2 Eaton Transformer Monitors Product Portfolio
7.4.3 Eaton Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Eaton Main Business and Markets Served
7.4.5 Eaton Recent Developments/Updates
7.5 Doble Engineering Company
7.5.1 Doble Engineering Company Transformer Monitors Corporation Information
7.5.2 Doble Engineering Company Transformer Monitors Product Portfolio
7.5.3 Doble Engineering Company Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Doble Engineering Company Main Business and Markets Served
7.5.5 Doble Engineering Company Recent Developments/Updates
7.6 Mitsubishi
7.6.1 Mitsubishi Transformer Monitors Corporation Information
7.6.2 Mitsubishi Transformer Monitors Product Portfolio
7.6.3 Mitsubishi Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Mitsubishi Main Business and Markets Served
7.6.5 Mitsubishi Recent Developments/Updates
7.7 Weidmann
7.7.1 Weidmann Transformer Monitors Corporation Information
7.7.2 Weidmann Transformer Monitors Product Portfolio
7.7.3 Weidmann Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Weidmann Main Business and Markets Served
7.7.5 Weidmann Recent Developments/Updates
7.8 Qualitrol
7.8.1 Qualitrol Transformer Monitors Corporation Information
7.8.2 Qualitrol Transformer Monitors Product Portfolio
7.8.3 Qualitrol Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Qualitrol Main Business and Markets Served
7.7.5 Qualitrol Recent Developments/Updates
7.9 Koncar
7.9.1 Koncar Transformer Monitors Corporation Information
7.9.2 Koncar Transformer Monitors Product Portfolio
7.9.3 Koncar Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Koncar Main Business and Markets Served
7.9.5 Koncar Recent Developments/Updates
7.10 Vaisala
7.10.1 Vaisala Transformer Monitors Corporation Information
7.10.2 Vaisala Transformer Monitors Product Portfolio
7.10.3 Vaisala Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Vaisala Main Business and Markets Served
7.10.5 Vaisala Recent Developments/Updates
7.11 Schweitzer Engineering Laboratories
7.11.1 Schweitzer Engineering Laboratories Transformer Monitors Corporation Information
7.11.2 Schweitzer Engineering Laboratories Transformer Monitors Product Portfolio
7.11.3 Schweitzer Engineering Laboratories Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Schweitzer Engineering Laboratories Main Business and Markets Served
7.11.5 Schweitzer Engineering Laboratories Recent Developments/Updates
7.12 Camlin Group
7.12.1 Camlin Group Transformer Monitors Corporation Information
7.12.2 Camlin Group Transformer Monitors Product Portfolio
7.12.3 Camlin Group Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Camlin Group Main Business and Markets Served
7.12.5 Camlin Group Recent Developments/Updates
7.13 LGOM
7.13.1 LGOM Transformer Monitors Corporation Information
7.13.2 LGOM Transformer Monitors Product Portfolio
7.13.3 LGOM Transformer Monitors Production, Value, Price and Gross Margin (2019-2024)
7.13.4 LGOM Main Business and Markets Served
7.13.5 LGOM Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Transformer Monitors Industry Chain Analysis
8.2 Transformer Monitors Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Transformer Monitors Production Mode & Process
8.4 Transformer Monitors Sales and Marketing
8.4.1 Transformer Monitors Sales Channels
8.4.2 Transformer Monitors Distributors
8.5 Transformer Monitors Customers
9 Transformer Monitors Market Dynamics
9.1 Transformer Monitors Industry Trends
9.2 Transformer Monitors Market Drivers
9.3 Transformer Monitors Market Challenges
9.4 Transformer Monitors 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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