Transformer Monitoring Systems Market By Application, By End-use Verticals 2018-2026 | Size and Forecast | Credence Research

The global transformer monitoring systems market is estimated to reach US$ 3731.6 Mn in 2026.

SANJOSE, United States - July 17, 2019 /MarketersMedia/ —

According to a new market research report published by Credence Research "Transformer Monitoring Systems Market-Growth, Future Prospects, and Competitive Landscape, 2018-2026," the global market for transformer monitoring systems is projected to hit US$ 3731.6 million in 2026.

Market Insights Demand for uninterrupted electricity supply across diverse industry verticals has been increasing with rising energy demand. Governments around the world are exploring new avenues such as non-conventional energy sources and smart infrastructures to meet ever-increasing energy demand. Transformer monitoring systems are increasingly being deployed at power stations/plants to ensure uninterrupted electricity transmission and distribution. Continuous expansion of cities and nearly endless demand for electricity supply encouraged governments around the world to incorporate transformer monitoring systems into their existing electricity generation and distribution infrastructure.

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Transformer monitoring systems help to evaluate transformer performance and prevent potential hazards that may arise from malfunctioning. In 2016, a power outage due to transformer failure in an amusement park in the U.S. left several riders wedged on their rides for long hours. Similarly, a transformer failure resulted in a power cut for nearly 200 families in Rotorua Central, New Zealand, in 2017. Such incidents of a power outage due to transformer failure can be prevented by integrating transformer monitoring systems into electrical infrastructure. In addition, these systems prevent valuable waste of time and costs associated with transformer breakdowns by monitoring their operational performance in real-time. The integration of advanced electronic control system and large data analytics has enhanced the performance of modern transformer monitoring systems. Due to the merits and reliability offered by the transformer monitoring systems, their demand is expected to increase during the forecast period from 2018 to 2026.

Competitive Insights: The market for transformer monitoring systems is fragmented and characterized by the presence of several international players. Manufacturers focus on acquiring smart power and distribution grid renovation projects contracts. Companies are integrating advanced electronics and control systems into transformer monitoring systems, thereby increasing their reliability. Manufacturers of transformer monitoring systems have tried to compensate for the high set-up costs of their products by improving performance and expanding service offerings.

Major players in the market for transformer monitoring systems include:

ABB Group,
Advanced Power Technologies LLC,
Camlin Power Ltd.,
Eaton Corporation Plc,
EMCO ELECTRONICS LLP,
GE Power,
EDMI Ltd.,
Honeywell International, Inc.,
HZ Electric Inc.,
KJ Dynatech, Inc.,
Koncar-Electrical Engineering Institute, Inc.,
Schweitzer Engineering Laboratories, Inc.,
S&C Electric Company, Inc.,
Siemens AG and Wilson

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ToC:
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
............

3. Global Transformer Monitoring Systems Market Analysis
3.1. Global Transformer Monitoring Systems Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Industry Participants
3.6.1. Major Strategies Adopted
3.6.2. Analyst Recommendations

4. Global Transformer Monitoring Systems Market Value, By Application, 2016 – 2026 (US$ Mn)
4.1. Market Analysis
4.2. Power Transformers
4.3. Distribution Transformers

5. Global Transformer Monitoring Systems Market Value, By End-use Verticals, 2016 – 2026 (US$ Mn)
5.1. Market Analysis
5.2. Residential
5.3. Commercial
5.4. Industrial

6. North America Transformer Monitoring Systems Market Analysis, 2016 – 2026 (US$ Mn)
...........

7. Europe Transformer Monitoring Systems Market Analysis, 2016 – 2026 (US$ Mn)
............

8. Asia Pacific Transformer Monitoring Systems Market Analysis, 2016 – 2026 (US$ Mn)
............

9. Rest of World Transformer Monitoring Systems Market Analysis, 2016 – 2026 (US$ Mn)
.............

10. Company Profiles
10.1. ABB Group
10.2. Advanced Power Technologies LLC
10.3. Camlin Power Ltd.
10.4. Eaton Corporation Plc
10.5. EMCO ELECTRONICS LLP
10.6. GE Power
10.7. EDMI Ltd.
10.8. Honeywell International, Inc.
10.9. HZ Electric Inc.
10.10. KJ Dynatech, Inc.
10.11. Koncar- Electrical Engineering Institute, Inc.
10.12. Schweitzer Engineering Laboratories, Inc.
10.13. S&C Electric Company, Inc.
10.14. Siemens AG
10.15. Wilson Transformer Company Pty Ltd.
...............toc continued

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