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The global current transducer market was valued at USD 563.2 Million in 2017 and is projected to reach USD 683.7 Million by 2023, at a CAGR of 3.31% during the forecast period. <br>To know more - https://www.marketsandmarkets.com/Market-Reports/current-transducer-market-78722753.html <br>
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Current Transducer Market by Technology, Application, End-User, and Region - Global Forecast to 2023 www.MarketsandMarkets.com
The motor drive segment is expected to hold the largest share of the current transducer market, by application, during the forecast period The motor drive segment led the current transducer market in 2017 and is projected to dominate the market during the forecast period. The motor drive segment has wide application in different industries. The motor drive is used for providing the alternating frequency and voltage to the electric motor. The current transducer in the drive is used to measure the current to be applied to the motor. Due to such an extensive application, the motor drive segment is estimated to lead the application segment of the current transducer market. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=78722753
Renewable industry is expected to be the fastest growing segment of the current transducer market With regards to the end user segment, renewable is expected to constitute the fastest growing market from 2018 to 2023. The market is primarily driven by increasing investments in large-scale renewable power projects. The government in different countries worldwide are targeting to diversify the energy generation mix and reduce the emission of carbon and greenhouse gases. European countries climate & energy strategy of 20-20-20 is one of such example. China is leading the adoption of renewable installation across the globe to diversify its energy mix and reduce the carbon emission. The installation of renewable energy sources is expected to grow during the forecasted period attributing toward the growth of renewable energy. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=78722753
Browse >> 70 market data tables 32 figures 127 pagesand in-depth TOC on “Current Transducer Market - Global Forecast to 2022” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific: The leading market for current transducers In this report, the current transducer market has been analyzed with respect to five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific is expected to account for the largest market share in the global current transducer market in 2017. In the Asia Clean Energy Summit in Singapore, in 2017 it was noted that Southeast Asia is a suitable market for renewable energy development, as it holds a favorable climate for solar and wind energy generation. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=78722753
Target Audience: • Banks, venture capitalists, financial institutions, and other investors • Companies related to current transducer manufacturing • End-use industries • Government and industry associations • Government and research organizations • Manufacturing industry • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=78722753
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the current transducer market. These players include • LEM (Switzerland), • CR Magnetic (US), • NK Technologies (US), • Veris Industries (US), • Phoenix Contact (US). • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=78722753
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