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Instrument Transformers Market Share
- Report ID: GMI2141
- Published Date: Jun 2022
- Report Format: PDF
Instrument Transformers Market Share
Key participants operating in the instrument transformers market are:
- GE
- ABB
- Eaton
- Hitachi Energy Ltd
- Siemens Energy
- NISSIN ELECTRIC Co., Ltd
- ARTECHE
- Instrument Transformer Equipment Corporation, Inc
- Instrument Transformers Limited
- CG Power & Industrial Solutions Ltd
- Mitsubishi Electric Corporation
- Schneider Electric
- Amran Inc
- Mehru
- Ritz Instruments Transformers.
These leaders are focusing on strengthening their market share through strategic collaborations, partnerships, and mergers & acquisitions to gain a competitive edge over others.
Frequently Asked Questions (FAQ) :
The market size of instrument transformers was valued at more than USD 4.3 billion in 2023 and is set to record over 8.3% CAGR during the forecast period of 2024-2032.
>66 kV instrument transformer industry size will register more than 6% CAGR through 2030 due to the introduction of favorable regulatory policies, schemes, and tax rebates for installing sustainable electrical equipment.
North America market crossed USD 420 million in revenue in 2021 because of the rising spending on the creation of long-distance electricity networks.
Siemens Energy, Hitachi Energy Ltd., ABB, Eaton, GE, Instrument Transformers Limited, ARTECHE, Schneider Electric, and Mitsubishi Electric Corporation, among others, are the leading industry participants.
Instrument Transformers Market Scope
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