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Magneto Optic Current Transformer-Global Market Insights and Sales Trends 2024

Magneto Optic Current Transformer-Global Market Insights and Sales Trends 2024

Publishing Date : Nov, 2023

License Type :
 

Report Code : 1825574

No of Pages : 94

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Synopsis
This report studies the Magneto Optic Current Transformer market, by type (Fiber Type and Non Fiber Type), by application(Transformer, Power Systems and Instrumentations, Modern Electronic Meters, Transmission Line- Bus, Breaker-Or Distribution Schemes, Network Applications and Electrical High Voltage (EHV) Substations). The Magneto Optic Current Transformer (MOCT) measures the electric current by means of Faraday Effect, which was first observed by Michael Faraday 150 years ago. The Faraday Effect is the phenomenon that the orientation of polarized light rotates under the influence of the magnetic fields and the rotation angle is proportional to the strength of the magnetic field component in the direction of optical path. The Magneto Optic Current Transformer (MOCT) measures the rotation angle caused by the magnetic field and converts it into a signal of few volts proportional to the electric currant. It consist of a sensor head located near the current carrying conductor, an electronic signal processing unit and fiber optical cables linking to these two parts. The sensor head consist of only optical component such as fiber optical cables, lenses, polarizers, glass prisms, mirrors etc. the signal is brought down by fiber optical cables to the signal processing unit and there is no need to use the metallic wires to transfer the signal. Therefore the insulation structure of an MOCT is simpler than that of a conventional current transformer, and there is no risk of fire or explosion by the MOCT. In addition to the insulation benefits, MOCT is able to provide high immunity to electromagnetic interferences, wider frequency response, large dynamic range and low Productions which are compatible with the inputs of analog to digital converters. They are ideal for the interference between power systems and computer systems. And there is a growing interest in using MOCT to measure the electric currents.
The global Magneto Optic Current Transformer market size is expected to reach US$ 384.4 million by 2029, growing at a CAGR of 8.2% from 2023 to 2029. The market is mainly driven by the significant applications of Magneto Optic Current Transformer in various end use industries. The expanding demands from the Transformer, Power Systems and Instrumentations, Modern Electronic Meters and Transmission Line- Bus, are propelling Magneto Optic Current Transformer market. Fiber Type, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Non Fiber Type segment is estimated at % CAGR for the next seven-year period.
Global Magneto Optic Current Transformer key players include ABB, Profotech, The Trench Group, Arteche, NR Electric Co, etc. Global top five manufacturers hold a share about 60%. Europe and North America is the largest market, both with a share about 25%. In terms of product, Non Fiber Type is the largest segment, with a share about 55%. And in terms of application, the largest application is Power Systems and Instrumentations, followed by Transformer, Modern Electronic Meters, Breaker-Or Distribution Schemes and Transmission Line- Bus.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Magneto Optic Current Transformer, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Magneto Optic Current Transformer market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Magneto Optic Current Transformer market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Magneto Optic Current Transformer sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Magneto Optic Current Transformer covered in this report include ABB, Profotech, The Trench, Arteche, NR Electric and T&D, etc.
The global Magneto Optic Current Transformer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Profotech
The Trench
Arteche
NR Electric
T&D
Global Magneto Optic Current Transformer market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Magneto Optic Current Transformer market, Segment by Type:
Fiber Type
Non Fiber Type
Global Magneto Optic Current Transformer market, by Application
Transformer
Power Systems and Instrumentations
Modern Electronic Meters
Transmission Line- Bus
Breaker-Or Distribution Schemes
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Magneto Optic Current Transformer manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Magneto Optic Current Transformer in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Magneto Optic Current Transformer Market Overview
1.1 Magneto Optic Current Transformer Product Overview
1.2 Magneto Optic Current Transformer Market Segment by Type
1.2.1 Fiber Type
1.2.2 Non Fiber Type
1.3 Global Magneto Optic Current Transformer Market Size by Type
1.3.1 Global Magneto Optic Current Transformer Market Size Overview by Type (2018-2029)
1.3.2 Global Magneto Optic Current Transformer Historic Market Size Review by Type (2018-2023)
1.3.3 Global Magneto Optic Current Transformer Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Magneto Optic Current Transformer Sales Breakdown by Type (2018-2023)
1.4.2 Europe Magneto Optic Current Transformer Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Magneto Optic Current Transformer Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Magneto Optic Current Transformer Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Magneto Optic Current Transformer Sales Breakdown by Type (2018-2023)
2 Global Magneto Optic Current Transformer Market Competition by Company
2.1 Global Top Players by Magneto Optic Current Transformer Sales (2018-2023)
2.2 Global Top Players by Magneto Optic Current Transformer Revenue (2018-2023)
2.3 Global Top Players by Magneto Optic Current Transformer Price (2018-2023)
2.4 Global Top Manufacturers Magneto Optic Current Transformer Manufacturing Base Distribution, Sales Area, Product Type
2.5 Magneto Optic Current Transformer Market Competitive Situation and Trends
2.5.1 Magneto Optic Current Transformer Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Magneto Optic Current Transformer Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Magneto Optic Current Transformer as of 2022)
2.7 Date of Key Manufacturers Enter into Magneto Optic Current Transformer Market
2.8 Key Manufacturers Magneto Optic Current Transformer Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Magneto Optic Current Transformer Status and Outlook by Region
3.1 Global Magneto Optic Current Transformer Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Magneto Optic Current Transformer Historic Market Size by Region
3.2.1 Global Magneto Optic Current Transformer Sales in Volume by Region (2018-2023)
3.2.2 Global Magneto Optic Current Transformer Sales in Value by Region (2018-2023)
3.2.3 Global Magneto Optic Current Transformer Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Magneto Optic Current Transformer Forecasted Market Size by Region
3.3.1 Global Magneto Optic Current Transformer Sales in Volume by Region (2024-2029)
3.3.2 Global Magneto Optic Current Transformer Sales in Value by Region (2024-2029)
3.3.3 Global Magneto Optic Current Transformer Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Magneto Optic Current Transformer by Application
4.1 Magneto Optic Current Transformer Market Segment by Application
4.1.1 Transformer
4.1.2 Power Systems and Instrumentations
4.1.3 Modern Electronic Meters
4.1.4 Transmission Line- Bus
4.1.5 Breaker-Or Distribution Schemes
4.1.6 Others
4.2 Global Magneto Optic Current Transformer Market Size by Application
4.2.1 Global Magneto Optic Current Transformer Market Size Overview by Application (2018-2029)
4.2.2 Global Magneto Optic Current Transformer Historic Market Size Review by Application (2018-2023)
4.2.3 Global Magneto Optic Current Transformer Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Magneto Optic Current Transformer Sales Breakdown by Application (2018-2023)
4.3.2 Europe Magneto Optic Current Transformer Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Magneto Optic Current Transformer Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Magneto Optic Current Transformer Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Magneto Optic Current Transformer Sales Breakdown by Application (2018-2023)
5 North America Magneto Optic Current Transformer by Country
5.1 North America Magneto Optic Current Transformer Historic Market Size by Country
5.1.1 North America Magneto Optic Current Transformer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Magneto Optic Current Transformer Sales in Volume by Country (2018-2023)
5.1.3 North America Magneto Optic Current Transformer Sales in Value by Country (2018-2023)
5.2 North America Magneto Optic Current Transformer Forecasted Market Size by Country
5.2.1 North America Magneto Optic Current Transformer Sales in Volume by Country (2024-2029)
5.2.2 North America Magneto Optic Current Transformer Sales in Value by Country (2024-2029)
6 Europe Magneto Optic Current Transformer by Country
6.1 Europe Magneto Optic Current Transformer Historic Market Size by Country
6.1.1 Europe Magneto Optic Current Transformer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Magneto Optic Current Transformer Sales in Volume by Country (2018-2023)
6.1.3 Europe Magneto Optic Current Transformer Sales in Value by Country (2018-2023)
6.2 Europe Magneto Optic Current Transformer Forecasted Market Size by Country
6.2.1 Europe Magneto Optic Current Transformer Sales in Volume by Country (2024-2029)
6.2.2 Europe Magneto Optic Current Transformer Sales in Value by Country (2024-2029)
7 Asia-Pacific Magneto Optic Current Transformer by Region
7.1 Asia-Pacific Magneto Optic Current Transformer Historic Market Size by Region
7.1.1 Asia-Pacific Magneto Optic Current Transformer Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Magneto Optic Current Transformer Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Magneto Optic Current Transformer Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Magneto Optic Current Transformer Forecasted Market Size by Region
7.2.1 Asia-Pacific Magneto Optic Current Transformer Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Magneto Optic Current Transformer Sales in Value by Region (2024-2029)
8 Latin America Magneto Optic Current Transformer by Country
8.1 Latin America Magneto Optic Current Transformer Historic Market Size by Country
8.1.1 Latin America Magneto Optic Current Transformer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Magneto Optic Current Transformer Sales in Volume by Country (2018-2023)
8.1.3 Latin America Magneto Optic Current Transformer Sales in Value by Country (2018-2023)
8.2 Latin America Magneto Optic Current Transformer Forecasted Market Size by Country
8.2.1 Latin America Magneto Optic Current Transformer Sales in Volume by Country (2024-2029)
8.2.2 Latin America Magneto Optic Current Transformer Sales in Value by Country (2024-2029)
9 Middle East and Africa Magneto Optic Current Transformer by Country
9.1 Middle East and Africa Magneto Optic Current Transformer Historic Market Size by Country
9.1.1 Middle East and Africa Magneto Optic Current Transformer Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Magneto Optic Current Transformer Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Magneto Optic Current Transformer Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Magneto Optic Current Transformer Forecasted Market Size by Country
9.2.1 Middle East and Africa Magneto Optic Current Transformer Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Magneto Optic Current Transformer Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB
10.1.1 ABB Company Information
10.1.2 ABB Introduction and Business Overview
10.1.3 ABB Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Magneto Optic Current Transformer Products Offered
10.1.5 ABB Recent Development
10.2 Profotech
10.2.1 Profotech Company Information
10.2.2 Profotech Introduction and Business Overview
10.2.3 Profotech Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Profotech Magneto Optic Current Transformer Products Offered
10.2.5 Profotech Recent Development
10.3 The Trench
10.3.1 The Trench Company Information
10.3.2 The Trench Introduction and Business Overview
10.3.3 The Trench Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.3.4 The Trench Magneto Optic Current Transformer Products Offered
10.3.5 The Trench Recent Development
10.4 Arteche
10.4.1 Arteche Company Information
10.4.2 Arteche Introduction and Business Overview
10.4.3 Arteche Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Arteche Magneto Optic Current Transformer Products Offered
10.4.5 Arteche Recent Development
10.5 NR Electric
10.5.1 NR Electric Company Information
10.5.2 NR Electric Introduction and Business Overview
10.5.3 NR Electric Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.5.4 NR Electric Magneto Optic Current Transformer Products Offered
10.5.5 NR Electric Recent Development
10.6 T&D
10.6.1 T&D Company Information
10.6.2 T&D Introduction and Business Overview
10.6.3 T&D Magneto Optic Current Transformer Sales, Revenue and Gross Margin (2018-2023)
10.6.4 T&D Magneto Optic Current Transformer Products Offered
10.6.5 T&D Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Magneto Optic Current Transformer Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Magneto Optic Current Transformer Industrial Chain Analysis
11.4 Magneto Optic Current Transformer Market Dynamics
11.4.1 Magneto Optic Current Transformer Industry Trends
11.4.2 Magneto Optic Current Transformer Market Drivers
11.4.3 Magneto Optic Current Transformer Market Challenges
11.4.4 Magneto Optic Current Transformer Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Magneto Optic Current Transformer Distributors
12.3 Magneto Optic Current Transformer Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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