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The global instrument transformers market was valued at USD 7.14 Billion in 2016 and is projected to reach USD 9.06 Billion by 2022, at a CAGR of 4.35% during the forecast period.
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Instrument Transformers Market by Type , Enclosure Type, Dielectric Medium, Voltage, Application, End-User, and Region - Global Forecast to 2022 www.MarketsandMarkets.com
The power utilities segment is expected to hold the largest share of the instrument transformers market, by end-user, during the forecast period The power utilities segment led the instrument transformers market in 2016, and is projected to dominate the market during the forecast period. The total investment in the transmission and distribution infrastructure over 2014 to 2035 is expected to be USD 6.8 trillion, according to the International Energy Agency. Approximately, 56% of the total energy investment accounts for transmission and distribution. Refurbishment and replacement of existing assets contribute 40% and the grid integration of renewables accounts for 4%. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=144107713
Capacitive potential transformers to be the fastest growing segment in the instrument transformers market With regard to the type segment, capacitive potential transformers are expected to constitute the fastest growing market from 2017 to 2022. Capacitive potential transformers are used to measure voltages above 66 kV. In these types of transformers, capacitors are used as voltage dividers. These capacitors are connected in series where the voltage drop takes place. Unlike inductive voltage transformers, capacitive voltage transformers usually have a ferro resonance damping circuit built into the instrument transformers itself. Apart from voltage measurement, these capacitive voltage transformers are also used as high pass filters. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=%20144107713
Browse >> 99 market data tables 48 figures 171 pagesand in-depth TOC on “Instrument Transformers 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 instrument transformers In this report, the instrument transformers 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 account for the largest market share of 36% in the global instrument transformers market in 2017. Countries such as China, Japan, and India are investing in grid expansion projects to increase their distribution grid reliability. China accounted for the largest share of the instrument transformers market in Asia Pacific in 2016. It has the highest installed power generation and distribution capacities, resulting in an increased demand for transformers. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=%20144107713
Target Audience: • Banks, venture capitalists, financial institutions, and other investors • Companies related to electric power generation, transmission, and distribution • Energy associations • Environment associations • Government and industry associations • Government and research organizations • Smart grid project developers • Instrument transformer component manufacturers, dealers, and suppliers • State and national regulatory authorities • Substation equipment manufacturing companies • Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=144107713
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 instrument transformers market. These players include • ABB (Switzerland), • Siemens (Germany), • Schneider Electric (France), • gE (US), etc.. • Buy Now : - • https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=%20144107713
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