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(CityRegions.Com, August 18, 2018 ) An instrument transformer is used to obtain measurements of voltage or current levels or both in different high-voltage/high-current 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.
As for the global instrument transformer industry, the industry structure is relatively stable. The most of market share in revenue is grasped by the top three manufacturers, Siemens, ABB and GE, which closes to 50 per cent totally. The Germany giant Siemens, which has 21.63% market share in 2017, is the leader in the instrument transformer industry. The manufacturers following Siemens are ABB and GE, which respectively has 12.80% and 14.93% market share globally. The DYH is the leader of China instrument transformer industry. It sells a total of 185.77 million dollar instrument transformer products in the year of 2017.
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.
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Over the next five years, LPI(LP Information) projects that Instrument Transformer will register a 6.9% CAGR in terms of revenue, reach US$ 5510 million by 2023, from US$ 3690 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Instrument Transformer market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Current Transformer
Voltage Transformer
Others
Segmentation by application:
Electrical Power and Distribution
Metallurgy & Petrochemical
Construction
Others
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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:
Siemens
ABB
GE
Arteche
Pfiffner
Emek
Indian Transformers
Koncar
DYH
Dalian Beifang
China XD Group
Jiangsu Sieyuan
Shenyang Instrument Transformer
Hengyang Nanfang
Zhejiang Horizon
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Some Point from TOC:
1 Scope of the Report
2 Executive Summary
3 Global Instrument Transformer Drivers by Players
4 Instrument Transformer Drivers by Regions
5 Americas
6 APAC
7 Europe
….Continued
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