Transformer Monitoring System Market Scope And Analysis

  • Report Code : TIPRE00008332
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Transformer Monitoring System Market Scope and Key Players Analysis by 2031

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Transformer Monitoring System Market Report Scope

Report Attribute Details
Market size in 2023 US$ 2.21 Billion
Market Size by 2031 US$ 3.54 Billion
Global CAGR (2023 - 2031) 6.1%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Hardware and IT Solutions
By Service
  • Bushing Monitoring
  • Oil/Gas Monitoring
By Application
  • Distribution Transformers
  • Power Transformers
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd
  • Eaton Corporation plc
  • Honeywell International Inc
  • Schneider Electric SE
  • Siemens AG
  • Schweitzer Engineering Laboratories Inc
  • Kirloskar Electric Company
  • KJ Dynatech Inc
  • WILSON TRANSFORMER COMPANY
  • Mitsubishi Electric Corporation
  • Transformer Monitoring System Market News and Recent Developments

    The transformer monitoring system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for transformer monitoring system and strategies:

    • In October 2023, Eaton Corporation plc invested US$ 85 million to increase North American manufacturing of essential utility solutions, advancing the energy transition and electrification. The investments in regional manufacturing increase supplies of transformers, regulators, switchgear, and other utility equipment. (Source: Eaton Corporation plc, Press Release, 2023)

    Transformer Monitoring System Market Report Coverage and Deliverables

    The “Transformer Monitoring System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles