Current Transformer Market Growth by Type, Application and Geography - Forecast and Analysis - 2023-2027
| Published: Oct 2023 | Pages: 167 | SKU: IRTNTR74472 |
Current Transformer Market Forecast 2023-2027
The Current Transformer Market size is estimated to increase by USD 422.01 million between 2022 and 2027 and the size of the market is forecast to grow at a CAGR of 8%. The growth of the market depends on several factors, such as the enhanced accuracy at extremely low current levels, the increased demand for electricity from emerging economies, and the modernization of existing transformers.
What will be the size of the Current Transformer Market During the Forecast Period?
Market Forecast 2023-2027
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Market Dynamic
Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market.
Driver
The increased demand for electricity from emerging economies is driving growth in the market. Urbanization is directly influenced by industrial development, which in turn drives up residential and commercial construction activity. India has one of the world's fastest rates of urbanization because of its growing population and rising incomes.
Moreover, the manufacturing industry in these regions has considerable growth potential, apart from the impact of industrialization and rapid urbanization. Thus, these countries are expected to become a hub for major manufacturing industries, which will increase the electricity demand. In many regions, this has encouraged private and public undertakings in the electricity industry to initiate their planned network capacity expansion projects. These projects indicate that the electricity demand is increasing significantly, thus leading to the growth of the market in the forecast period.
Trends
The use of advanced technologies and processes in transformer manufacturing is a primary trend in the market. The production of high-quality electrical equipment like ABB instrument transformers, which are the next generation is a result of very sophisticated manufacturing processes. These products have been developed through a modern design process consisting of the fusion of electrical and mechanical elements, using excellent quality insulation materials. The use of advanced simulation software helps engineers to develop new products without the need to invest in significant prototyping expenses.
Moreover, the APG process is subject to multiple casting parameters, such as temperature, pressure, and curing time. To obtain a better product, this variable is posed by epoxy producers as a challenge for optimizing the production process. However, APG makes it possible for engineers to optimize their casting process through its combination of modern simulation software with the most recent Resin handling, mixing, and control technologies. Such improvements help in creating a robust and cost-effective product. The technological innovations in the product and the demand for such technological innovations will drive the growth of the global market during the forecast period.
Challenge
The high cost of upgrading electricity distribution networks is a major challenge in the market. Costs such as replacing transmission lines, distribution networks, energy delivery systems, substations digitization, and digital controls shall be included in the cost of upgrading smart grids. Consequently, power utilities and IPPs face the prospect of needing to make huge initial capital investments. It is anticipated that the cost of deploying smart grid technology in the US will reach billions of dollars over the next 20 years because of the aging power infrastructure, as well as the growing need to integrate renewable energy into electricity grids is the reason.
Therefore, power utilities are reluctant to upgrade their power grids to make them compatible with smart grid solutions because of the high costs involved. The various smart grid solutions are being widely marketed by energy companies as high-pressure products. This is projected to affect the growth in the global smart grid T&D equipment market and, at the same time, harm the world's existing transformer market. These factors will give rise to the high cost of power distribution, which will negatively impact the market during the forecast period.
Market Segmentation by Type, Application, and Geography
Type Segment Analysis:
The oil-immersed segment will account for a major share of the market's growth during the forecast period. One of the segments within the global market is oil-immersed variants. Oil immersion variants are meant to be immersed in insulating oil for better insulation and cooling. They are widely applied in high voltage applications, e.g. to generate electricity, transmission, and distribution systems.
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The oil-immersed segment was valued at USD 544.856 million in 2017 and continued to grow until 2021. To measure the voltage and provide accurate readings for protection, meter reading, or control purposes, oil-immersed variants are normally located in outdoor substations and switchyards. The properties of oil-immersed variants contribute to their long operational life, ensuring reliable performance over an extended period; these benefits will drive the growth of the segment during the forecast period.
The global market can be segmented into various types, and one of the segments is the dry-type current transformers. Dry-type variants are designed to operate without the use of any insulating liquid, such as oil or silicone. Instead, they rely on solid insulation materials to provide electrical isolation and protect against short circuits. Due to their security features, lower maintenance requirements, and a greater focus on environmental protection, the demand for dry-type modern transformers is increasing.
Application Segment Analysis:
Based on the application, the market has been segmented into switchgear and power transformers. The switchgear segment will account for the largest share of this segment. An increase in investments in renewable energy projects worldwide is expected to drive steady growth in this segment. Several power transmission and building projects are currently underway, with many more on the horizon, in several emerging countries such as China and India. The growth in the segment of high voltage switchgear during this forecast period is expected to be driven by these factors. The initiatives taken will benefit companies of switchgear and will increase the adoption as the need for energy is expected to rise exponentially during the forecast period.
With the large-scale expansion and renovation activities taking place in the power T&D sector worldwide, there will be an ample need for the installation and retrofitting of power transformers, which is expected to create a huge demand during the forecast period. Therefore, a larger number of power transformers will be needed in that capacity range and this would lead to increased market share for the segment. Power transformers are necessary devices that help connect power generation stations to transmission networks. It is anticipated that the increase in the utilization of renewable and non-conventional energy sources will spur growth in power transmission activities. Hence, to meet the increasing demand for electricity, more power transmission networks are required, which is expected to drive the demand
Regional Analysis
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APAC is estimated to contribute 46% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The demand for electrical power is high in APAC because of the growth in electricity-consuming sectors, such as manufacturing industries, which, along with rapid urbanization, has led to improved living standards and increased electricity consumption in many major countries in the region, such as China and India. In order to increase economic conditions in the area, it is essential that electricity continues to be supplied. The increase in private sector participation in the power transmission and distribution sector will result in a rise in investments in T&D networks.
Who are the Major Current Transformer Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd. - The company offers current transformers such as ANSI AccuRange.
CGS Instrument Transformers - The company offers current transformers such as ANSI and CSA.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
- Dalian Huayi Electric Power Electric Appliances Co. Ltd.
- Eaton Corp. Plc
- Fanox Electronic SL
- FRER Srl Vle
- General Electric Co.
- Hammond Manufacturing Co. Ltd.
- Hyosung Corp.
- IMA Spa
- Littelfuse Inc.
- Megacon Group
- Murugappa Group
- PREMO SL
- Schneider Electric SE
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
Market Analyst Overview
The Market is witnessing substantial growth amidst increasing energy consumption and the modernization of power distribution infrastructure. With rising concerns over power usage and transmission losses, there's a growing demand for energy-efficient transformers and digitalization in power networks. Despite high initial costs, the market is buoyed by the transition towards renewable energy sources and the proliferation of electric vehicles. Modern transformers and circuit breaker bushings, equipped with smart sensors and oil-based insulation, offer enhanced reliability and environmental sustainability. As transmission and distribution networks evolve to meet energy efficiency standards, the demand for current transformers continues to rise, contributing to the reduction of power wastage and environmental impact while ensuring reliable energy distribution across various sectors.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook (USD Million, 2017 - 2027)
- Oil immersed
- Dry type
- Application Outlook (USD Million, 2017 - 2027)
- Switchgear
- Power transformers
- Region Outlook (USD Million, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- South America
- Chile
- Argentina
- Brazil
- North America
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Current Transformer Market Scope |
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Report Coverage |
Details |
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Page number |
167 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 8% |
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Market growth 2023-2027 |
USD 422.01 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
7.0 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 46% |
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Key countries |
US, Canada, China, India, and Germany |
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Competitive landscape |
Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., CGS Instrument Transformers, Dalian Huayi Electric Power Electric Appliances Co. Ltd., Eaton Corp. Plc, Fanox Electronic SL, FRER Srl Vle, General Electric Co., Hammond Manufacturing Co. Ltd., Hyosung Corp., IMA Spa, Littelfuse Inc., Megacon Group, Murugappa Group, PREMO SL, Schneider Electric SE, Siemens AG, SOCOMEC Group, Trench Ltd., VACUUMSCHMELZE GmbH and Co. KG, and Sumitomo Electric Industries Ltd. |
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Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
- Precise estimation of the size of the market size and its contribution to the parent market
- Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
- Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
- Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global current transformer market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global current transformer market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.3 Application Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 Oil immersed - Market size and forecast 2022-2027
- Exhibit 34: Chart on Oil immersed - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Oil immersed - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Oil immersed - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Oil immersed - Year-over-year growth 2022-2027 (%)
- 6.4 Dry type - Market size and forecast 2022-2027
- Exhibit 38: Chart on Dry type - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Dry type - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Dry type - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Dry type - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ million)
- Exhibit 43: Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Application
- 7.1 Market segments
- Exhibit 44: Chart on Application - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Application - Market share 2022-2027 (%)
- 7.2 Comparison by Application
- Exhibit 46: Chart on Comparison by Application
- Exhibit 47: Data Table on Comparison by Application
- 7.3 Switchgear - Market size and forecast 2022-2027
- Exhibit 48: Chart on Switchgear - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Switchgear - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Switchgear - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Switchgear - Year-over-year growth 2022-2027 (%)
- 7.4 Power transformers - Market size and forecast 2022-2027
- Exhibit 52: Chart on Power transformers - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Power transformers - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Power transformers - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Power transformers - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Application
- Exhibit 56: Market opportunity by Application ($ million)
- Exhibit 57: Data Table on Market opportunity by Application ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 APAC - Market size and forecast 2022-2027
- Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 Europe - Market size and forecast 2022-2027
- Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.6 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market size and forecast 2022-2027
- Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 China - Market size and forecast 2022-2027
- Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.10 India - Market size and forecast 2022-2027
- Exhibit 91: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on India - Year-over-year growth 2022-2027 (%)
- 9.11 Germany - Market size and forecast 2022-2027
- Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 111: ABB Ltd. - Overview
- Exhibit 112: ABB Ltd. - Business segments
- Exhibit 113: ABB Ltd. - Key offerings
- Exhibit 114: ABB Ltd. - Segment focus
- 12.4 CGS Instrument Transformers
- Exhibit 115: CGS Instrument Transformers - Overview
- Exhibit 116: CGS Instrument Transformers - Product / Service
- Exhibit 117: CGS Instrument Transformers - Key offerings
- 12.5 Dalian Huayi Electric Power Electric Appliances Co. Ltd.
- Exhibit 118: Dalian Huayi Electric Power Electric Appliances Co. Ltd. - Overview
- Exhibit 119: Dalian Huayi Electric Power Electric Appliances Co. Ltd. - Product / Service
- Exhibit 120: Dalian Huayi Electric Power Electric Appliances Co. Ltd. - Key offerings
- 12.6 Eaton Corp. Plc
- Exhibit 121: Eaton Corp. Plc - Overview
- Exhibit 122: Eaton Corp. Plc - Business segments
- Exhibit 123: Eaton Corp. Plc - Key news
- Exhibit 124: Eaton Corp. Plc - Key offerings
- Exhibit 125: Eaton Corp. Plc - Segment focus
- 12.7 Fanox Electronic SL
- Exhibit 126: Fanox Electronic SL - Overview
- Exhibit 127: Fanox Electronic SL - Product / Service
- Exhibit 128: Fanox Electronic SL - Key offerings
- 12.8 General Electric Co.
- Exhibit 129: General Electric Co. - Overview
- Exhibit 130: General Electric Co. - Business segments
- Exhibit 131: General Electric Co. - Key news
- Exhibit 132: General Electric Co. - Key offerings
- Exhibit 133: General Electric Co. - Segment focus
- 12.9 Hammond Manufacturing Co. Ltd.
- Exhibit 134: Hammond Manufacturing Co. Ltd. - Overview
- Exhibit 135: Hammond Manufacturing Co. Ltd. - Business segments
- Exhibit 136: Hammond Manufacturing Co. Ltd. - Key offerings
- Exhibit 137: Hammond Manufacturing Co. Ltd. - Segment focus
- 12.10 Hyosung Corp.
- Exhibit 138: Hyosung Corp. - Overview
- Exhibit 139: Hyosung Corp. - Product / Service
- Exhibit 140: Hyosung Corp. - Key news
- Exhibit 141: Hyosung Corp. - Key offerings
- 12.11 Murugappa Group
- Exhibit 142: Murugappa Group - Overview
- Exhibit 143: Murugappa Group - Business segments
- Exhibit 144: Murugappa Group - Key offerings
- Exhibit 145: Murugappa Group - Segment focus
- 12.12 Schneider Electric SE
- Exhibit 146: Schneider Electric SE - Overview
- Exhibit 147: Schneider Electric SE - Business segments
- Exhibit 148: Schneider Electric SE - Key news
- Exhibit 149: Schneider Electric SE - Key offerings
- Exhibit 150: Schneider Electric SE - Segment focus
- 12.13 Siemens AG
- Exhibit 151: Siemens AG - Overview
- Exhibit 152: Siemens AG - Business segments
- Exhibit 153: Siemens AG - Key news
- Exhibit 154: Siemens AG - Key offerings
- Exhibit 155: Siemens AG - Segment focus
- 12.14 SOCOMEC Group
- Exhibit 156: SOCOMEC Group - Overview
- Exhibit 157: SOCOMEC Group - Product / Service
- Exhibit 158: SOCOMEC Group - Key offerings
- 12.15 Sumitomo Electric Industries Ltd.
- Exhibit 159: Sumitomo Electric Industries Ltd. - Overview
- Exhibit 160: Sumitomo Electric Industries Ltd. - Business segments
- Exhibit 161: Sumitomo Electric Industries Ltd. - Key offerings
- Exhibit 162: Sumitomo Electric Industries Ltd. - Segment focus
- 12.16 Trench Ltd.
- Exhibit 163: Trench Ltd. - Overview
- Exhibit 164: Trench Ltd. - Product / Service
- Exhibit 165: Trench Ltd. - Key offerings
- 12.17 VACUUMSCHMELZE GmbH and Co. KG
- Exhibit 166: VACUUMSCHMELZE GmbH and Co. KG - Overview
- Exhibit 167: VACUUMSCHMELZE GmbH and Co. KG - Product / Service
- Exhibit 168: VACUUMSCHMELZE GmbH and Co. KG - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 169: Inclusions checklist
- Exhibit 170: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 171: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 172: Research methodology
- Exhibit 173: Validation techniques employed for market sizing
- Exhibit 174: Information sources
- 13.5 List of abbreviations
- Exhibit 175: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
current transformer market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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