An Instrument Transformer is used to obtain measurements of voltage or current levels or both in different highvoltage/highcurrent systems such as in transmission or distribution lines or industries. An instrument transformer convert current or voltage from a high level to a very low level before passing it to measuring instruments, effectively isolating the measurement devices from the high voltage or current on the line.

The global consumption of instrument transformer products rises up from 3.01 million units in 2013 to 4.03 million units in 2017, with an average annual growth rate of 7.59%. At the same time, the revenue of world instrument transformer sales market has a leap from 2941.86 million dollar to 3688.81 million dollar. The reason causes this increase is the growing demand for the instrument transformer products, which is the outcome of the downstream industries are in a good situation.

According to this study, over the next five years the Instrument Transformer market will register a 6.9% CAGR in terms of revenue, the global market size will reach US$ 5510 million by 2024, from US$ 3690 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Instrument Transformer business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Instrument Transformer market by product type, application, key manufacturers and key regions and countries.

https://www.qandqmarketresearch.com/report-sample/instrument-transformer-market-87

This study considers the Instrument Transformer value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

· Current Transformer

· Voltage Transformer

· Others

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

· Electrical Power and Distribution

· Metallurgy & Petrochemical

· Construction

· Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

· Americas

· United States

· Canada

· Mexico

· Brazil

· APAC

· China

· Japan

· Korea

· Southeast Asia

· India

· Australia

· Europe

· Germany

· France

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

· Siemens

· ABB

· GE

· Arteche

· Pfiffner

· Emek

· Indian Transformers

· Koncar

· DYH

· Dalian Beifang

· China XD Group

· Jiangsu Sieyuan

· Shenyang Instrument Transformer

· Hengyang Nanfang

· Zhejiang Horizon

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

https://www.qandqmarketresearch.com/reports/7620360/instrument-transformer-market-87

Research objectives

· To study and analyze the global Instrument Transformer consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

· To understand the structure of Instrument Transformer market by identifying its various subsegments.

· Focuses on the key global Instrument Transformer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

· To analyze the Instrument Transformer with respect to individual growth trends, future prospects, and their contribution to the total market.

· To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industryspecific challenges and risks.

· To project the consumption of Instrument Transformer submarkets, with respect to key regions along with their respective key countries.

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