1 / 7

Transformer Monitoring System Market Projected to reach $2.68 Billion by 2021

The transformer monitoring system market is expected to grow from an estimated USD 1.47 Billion in 2016 to USD 2.68 Billion by 2021, registering a CAGR of 12.77% from 2016 to 2021. The global market is witnessing significant growth due to digitalization of utilities, renewable investments, and smart grid initiatives. Digitalization of utilities is the major factor driving the demand for transformer monitoring solutions.<br>Browse 69 market data tables and 45 figures spread through 144 pages and in-depth TOC on “Transformer Monitoring System Market”<br>https://www.marketsandmarkets.com/Market-Reports/transformer-monitoring-system-market-197443553.html<br>

Dsiddhant
Download Presentation

Transformer Monitoring System Market Projected to reach $2.68 Billion by 2021

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Transformer Monitoring System Market by Type, Application, Service, and Region - Global Forecast to 2021 www.MarketsandMarkets.com

  2. The transformer monitoring system market is expected to grow from an estimated USD 1.47 Billion in 2016 to USD 2.68 Billion by 2021, registering a CAGR of 12.77% from 2016 to 2021. The global market is witnessing significant growth due to digitalization of utilities, renewable investments, and smart grid initiatives. Digitalization of utilities is the major factor driving the demand for transformer monitoring solutions. Browse and in-depth TOC on "Transformer Monitoring System Market" 69 - Tables 45 - Figures 144 - Pages View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/transformer-monitoring-system-market-197443553.html

  3. The power transformer segment is expected to hold the largest share of the transformer monitoring system market, by application, during the forecast period The power transformers segment is the largest in the applications of the transformer monitoring system market. This share is attributed to grow because of government regulations targeting the monitoring and control of the transmission networks. Remote monitoring is also a key focus area in most countries, which is driving the market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=197443553

  4. Application: • Distribution Transformers • Power Transformers • Others (Generator Transformer and Specialty Transformer) • Target Audience: • Transformer Manufacturing Companies • Builders and Contractors • Government and Industry Associations • Investment and Consulting Firms • Power Distribution Utilities • Process and Manufacturing Plants • State and National Regulatory Authorities • State- or Government-Owned Corporations • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=197443553

  5. Asia-Pacific: The leading 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 part of their plans for installing new transformers. Moreover, countries such as India and China have invested heavily in smart grids, in turn boosting the demand for transformer monitoring solutions. Request for Free Sample Report @https://www.marketsandmarkets.com/requestsampleNew.asp?id=197443553

  6. Key players - • To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the transformer monitoring system market. These players include • ABB (Switzerland), • Siemens(Germany), • Schneider Electric (France), • General Electric (U.S.) • Eaton Corporation Plc. (Ireland), etc. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=197443553

  7. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 UK : 44-800-368-9399Email: sales@marketsandmarkets.com

More Related