デフォルト表紙
市場調査レポート
商品コード
1655631

変流器市場の評価:製品タイプ別、用途別、エンドユーザー別、地域別、機会および予測、2018~2032年

Current Transformers Market Assessment, By Product Type, By Application, By End-user, By Region, Opportunities and Forecast, 2018-2032F


出版日
ページ情報
英文 223 Pages
納期
3~5営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
変流器市場の評価:製品タイプ別、用途別、エンドユーザー別、地域別、機会および予測、2018~2032年
出版日: 2025年02月14日
発行: Market Xcel - Markets and Data
ページ情報: 英文 223 Pages
納期: 3~5営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の変流器市場は、2025~2032年の予測期間中にCAGR 6.27%を記録し、2024年の21億6,000万米ドルから2032年には35億1,000万米ドルに成長すると予測されています。同市場は近年、送配電インフラへの投資増加や進化するエネルギー事情に牽引され、大きな成長を遂げています。さらに、メータリング用途の変流器需要の高まりは、今後も力強い成長率を維持すると予測されています。変流器は優れた精度と安全性を備えており、最新の電気ネットワークに理想的なデバイスとなっています。さらに、都市化と工業化の進展により、電気インフラの強化が必要となり、変流器の採用が進んでいます。送電網の近代化に関連する今後の動向は、さまざまな分野のサージ保護ソリューションへの投資を促進する好環境を作り出し、市場における変流器の需要を促進しています。

スマートグリッド技術の開発と既存の電気システムのアップグレードへの投資の増加は、市場における変流器に対する大規模な需要を生み出します。産業分野で自動化を採用する傾向が強まっているため、操業を最適化するための正確な電流測定が必要となり、変流器市場の需要を牽引しています。さらに、再生可能エネルギー源へのシフトは、電力システムに幅広く応用されているため、変流器市場の重要な促進要因となっています。再生可能エネルギー源の送電網への統合には、既存の送電網に関連する複雑な問題を効率的に管理するための変流器が必要です。さらに、政府や電力会社は送配電部門に投資しており、これが市場での変流器の需要を押し上げています。

例えば、2024年11月のEIA(米国エネルギー情報局)のレポートによると、2023年の送電への設備投資は2022年から27億米ドル(11%)増加しました。地域送電市場の運営に必要な送電所設備(10億米ドル)、電柱(11億米ドル)、コンピューター・ソフトウェア(4億米ドル)への支出が最大となっています。 この発展は、送電部門への投資の増加を浮き彫りにし、市場における変流器の需要を促進しています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

  • 回答者の人口統計
  • 購入決定時に考慮される要素
    • 機能とその他の付加価値サービス
    • 精度とパフォーマンス
    • 経済的要因
    • アフターサポート
    • 電圧および電流定格

第5章 世界の変流器市場の見通し、2018年~2032年

  • 市場規模の分析と予測
    • 金額別
  • 市場シェア分析と予測
    • 製品タイプ別
      • 屋内用変流器
      • 屋外用変流器
      • その他
    • 用途別
      • 計測
      • 保護
      • その他
    • エンドユーザー別
      • 公益事業
      • 産業
      • 住宅および商業
    • 地域別
      • 北米
      • 欧州
      • アジア太平洋
      • 南米
      • 中東およびアフリカ
    • 市場シェア分析(上位5社およびその他- 金額別、2024年)、企業別
  • 市場マップ分析、2024年
    • 製品タイプ別
    • 用途別
    • エンドユーザー別
    • 地域別

第6章 北米の変流器市場の見通し、2018年~2032年*

  • 市場規模の分析と予測
    • 金額別
  • 市場シェア分析と予測
    • 製品タイプ別
      • 屋内用変流器
      • 屋外用変流器
      • その他
    • 用途別
      • 計測
      • 保護
      • その他
    • エンドユーザー別
      • ユーティリティ
      • 産業
      • 住宅および商業
    • 国別シェア
      • 米国
      • カナダ
      • メキシコ
  • 国別市場評価
    • 米国の変流器市場の見通し、2018~2032年
      • 市場規模の分析と予測
      • 市場シェア分析と予測
    • カナダ
    • メキシコ

すべてのセグメントは、対象となるすべての地域と国で提供されます。

第7章 欧州の変流器市場の見通し、2018年~2032年

  • ドイツ
  • フランス
  • イタリア
  • 英国
  • ロシア
  • オランダ
  • スペイン
  • トルコ
  • ポーランド

第8章 アジア太平洋の変流器市場の見通し、2018年~2032年

  • インド
  • 中国
  • 日本
  • オーストラリア
  • ベトナム
  • 韓国
  • インドネシア
  • フィリピン

第9章 南米の変流器市場の見通し、2018年~2032年

  • ブラジル
  • アルゼンチン

第10章 中東およびアフリカの変流器市場の見通し、2018年~2032年

  • サウジアラビア
  • アラブ首長国連邦
  • 南アフリカ

第11章 ポーターのファイブフォース分析

第12章 PESTLE分析

第13章 市場力学

  • 市場促進要因
  • 市場の課題

第14章 市場の動向と発展

第15章 競合情勢

  • 市場リーダー上位5社の競合マトリックス
  • 上位5企業のSWOT分析
  • 市場上位10社の主要企業の情勢
    • ABB Ltd.
      • 会社概要
      • 主要経営陣
      • 製品とサービス
      • 財務状況(報告通り)
      • 主な市場フォーカスと地理的プレゼンス
      • 最近の動向/コラボレーション/ パートナーシップ/合併と買収
    • GE Vernova Inc.
    • Siemens AG
    • Schneider Electric SE
    • Hitachi Energy Ltd.
    • Amran Inc.
    • Mitsubishi Electric Corporation
    • Hubbell Incorporated
    • Neilsen-Kuljian, Inc.
    • Xiamen ZTC Technology Co., Ltd

上記の企業は市場シェアに基づいて注文を保留しておらず、調査作業中に入手可能な情報に基づいて変更される可能性があります。

第16章 戦略的提言

第17章 調査会社について・免責事項

図表

List of Tables

  • Table 1. Competition Matrix of Top 5 Market Leaders
  • Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 2. Global Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 3. Global Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 4. Global Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 5. Global Current Transformers Market Share (%), By Region, 2018-2032F
  • Figure 6. North America Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 7. North America Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 8. North America Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 9. North America Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 10. North America Current Transformers Market Share (%), By Country, 2018-2032F
  • Figure 11. United States Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 12. United States Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 13. United States Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 14. United States Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 15. Canada Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 16. Canada Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 17. Canada Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 18. Canada Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 19. Mexico Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 20. Mexico Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 21. Mexico Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 22. Mexico Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 23. Europe Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 24. Europe Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 25. Europe Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 26. Europe Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 27. Europe Current Transformers Market Share (%), By Country, 2018-2032F
  • Figure 28. Germany Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 29. Germany Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 30. Germany Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 31. Germany Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 32. France Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 33. France Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 34. France Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 35. France Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 36. Italy Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 37. Italy Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 38. Italy Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 39. Italy Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 40. United Kingdom Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 41. United Kingdom Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 42. United Kingdom Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 43. United Kingdom Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 44. Russia Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 45. Russia Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 46. Russia Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 47. Russia Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 48. Netherlands Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 49. Netherlands Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 50. Netherlands Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 51. Netherlands Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 52. Spain Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 53. Spain Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 54. Spain Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 55. Spain Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 56. Turkey Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 57. Turkey Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 58. Turkey Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 59. Turkey Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 60. Poland Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 61. Poland Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 62. Poland Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 63. Poland Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 64. South America Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 65. South America Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 66. South America Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 67. South America Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 68. South America Current Transformers Market Share (%), By Country, 2018-2032F
  • Figure 69. Brazil Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 70. Brazil Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 71. Brazil Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 72. Brazil Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 73. Argentina Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 74. Argentina Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 75. Argentina Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 76. Argentina Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 77. Asia-Pacific Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 78. Asia-Pacific Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 79. Asia-Pacific Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 80. Asia-Pacific Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 81. Asia-Pacific Current Transformers Market Share (%), By Country, 2018-2032F
  • Figure 82. India Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 83. India Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 84. India Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 85. India Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 86. China Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 87. China Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 88. China Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 89. China Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 90. Japan Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 91. Japan Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 92. Japan Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 93. Japan Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 94. Australia Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 95. Australia Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 96. Australia Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 97. Australia Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 98. Vietnam Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 99. Vietnam Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 100. Vietnam Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 101. Vietnam Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 102. South Korea Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 103. South Korea Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 104. South Korea Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 105. South Korea Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 106. Indonesia Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 107. Indonesia Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 108. Indonesia Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 109. Indonesia Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 110. Philippines Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 111. Philippines Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 112. Philippines Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 113. Philippines Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 114. Middle East & Africa Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 115. Middle East & Africa Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 116. Middle East & Africa Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 117. Middle East & Africa Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 118. Middle East & Africa Current Transformers Market Share (%), By Country, 2018-2032F
  • Figure 119. Saudi Arabia Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 120. Saudi Arabia Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 121. Saudi Arabia Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 122. Saudi Arabia Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 123. UAE Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 124. UAE Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 125. UAE Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 126. UAE Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 127. South Africa Current Transformers Market, By Value, In USD Billion, 2018-2032F
  • Figure 128. South Africa Current Transformers Market Share (%), By Product Type, 2018-2032F
  • Figure 129. South Africa Current Transformers Market Share (%), By Application, 2018-2032F
  • Figure 130. South Africa Current Transformers Market Share (%), By End-user, 2018-2032F
  • Figure 131. By Product Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 132. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 133. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 134. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
目次
Product Code: MX12746

Global current transformers market is projected to witness a CAGR of 6.27% during the forecast period 2025-2032, growing from USD 2.16 billion in 2024 to USD 3.51 billion in 2032. The market has experienced significant growth in recent years, driven by rising investment in transmission and distribution infrastructure and the evolving energy landscape. Furthermore, the rising demand for current transformers for metering applications is projected to maintain a strong growth rate in the future. Current transformers offer superior accuracy and safety features, making the device ideal for modern electrical networks. Moreover, the growth in urbanization and industrialization necessitates the enhancement of electrical infrastructure, which elevates the adoption of current transformers. The upcoming trends related to grid modernization create a favorable environment to boost investment in surge protection solutions across various sectors, thereby driving the demand for current transformers in the market.

The development of smart grid technologies and rising investment in upgrading existing electrical systems create massive demand for current transformers in the market. The growing trend towards adopting automation in the industrial sector leads to an accurate current measurement for optimizing operations, thereby driving the demand for current transformers in the market. Moreover, the shift towards renewable energy sources is a critical driver for current transformers in the market due to their wide application in power systems. The integration of renewable energy sources in the grid requires current transformers to manage the complexities associated with existing power grids effectively. In addition, government and utility companies are investing in the transmission and distribution sector of power, which is propelling the demand for current transformers in the market.

For instance, as per the EIA (United States Energy Information Administration) report from November 2024, capital investment in the transmission of electricity increased by USD 2.7 billion (11%) in 2023 from 2022. Maximum spending is done on transmission station equipment (USD 1.0 billion), poles (USD 1.1 billion), and computer software (USD 0.4 billion) which are necessary for operating regional transmission markets. This development highlights the rising investments in the transmission sector, driving the demand for current transformers in the market.

Increasing Investments in Smart Grid Infrastructure Augment Market Growth

The utilities sector is looking to modernize the power infrastructure which leads to a rise in investment in smart grid technologies. Smart grids are designed to improve the efficiency and reliability of power transmission and distribution systems. Smart grid technologies enhance the efficiency and reliability of power distribution as the smart grid enables the integration of various sources of energy into a single grid. The smart grid technology allows for an energy transition to renewable sources which requires the introduction of advanced monitoring solutions to be able to address the variability and intermittency attached to different kinds of energy. In addition, modernization of power infrastructure involves incorporating critical components such as current transformers. Inclination towards the adoption of electrical systems and driving the investment in smart grid solutions contribute to the rise in demand for current transformers. In addition, the modernization of power infrastructure involves incorporating critical components such as current transformers, which drive demand in the market.

Furthermore, deploying current transformers in the smart grid system enables real-time monitoring and communication, enhancing the power system's efficiency and resilience. The current transformers enable providers to proactively address potential issues and optimize the operation in the smart girds. Current transformers play a significant role in measuring electricity accurately, enabling utilities and consumers to make informed decisions about their energy usage. The growing adoption of smart meters and advanced metering infrastructure (AMI) has increased the demand for current transformers. As a result, current transformers are becoming essential in enhancing smart grid resilience, further driving their market demand.

For instance, in 2023, global electric companies invested around USD 167.8 billion to make the grid stronger, smarter, cleaner, dynamic, and more secure. In 2022, over USD 30 billion in investments were directed toward adaptation, hardening, and resilience efforts aimed at strengthening the nation's transmission and distribution infrastructure. This development highlights the rising investment in the power infrastructure, which will propel the demand for current transformers.

Rising Focus on Industrial Automation and Infrastructure Development Creates Market Opportunities

The push towards automation in industrial sectors is becoming the major factor for the growth of the current transformers in the market. The increasing use of industrial automation, particularly in industries such as oil and gas, mining, and manufacturing, creates opportunities for market growth. Current transformers are used in industrial applications to monitor and control electrical systems, helping to ensure safe and efficient operation. The adoption of smart manufacturing practices drives the demand for advanced monitoring solutions to facilitate the seamless integration of automation technologies thus driving the demand for current transformers in the market.

For instance, according to the International Federation of Robotics (IFR), manufacturing companies in the United States invested heavily in automation, pushing total installations of industrial robots to rise by 12% and reach 44,303 units in 2023. The number one adopter of automation equipment was the car industry, followed by the electrical and electronics sectors. Installation counts in other industries such as metal and machinery (4,123 units, +6%), plastic and chemical products (3,213 units, +5%), and in electrical and electronics industry the installation rose by 37% to 5,120 units in 2023.

Furthermore, global infrastructure projects are expanding rapidly which necessitates the deployment of reliable power distribution systems. Current transformers play a vital role in managing electrical operations within new buildings and supporting efficient energy management solutions that drive demand in commercial applications. Current transformers can manage electrical operations and ensure efficient power distribution and operational safety. Rapid urbanization is leading to extensive infrastructure development, which includes new buildings and rising investment in the utility sector, which fosters the demand for efficient current transformers in the market.

Indoor Current Transformer to be the Fastest Growing Segment in the Global Market

The indoor current transformers have a high adoption rate, which makes the segment the fastest growing in the global market. Indoor current transformers are highly accurate and reliable due to which equipment is preferred in high-voltage power transmission and distribution systems. The indoor-type current transformers are crucial for high-precision current measurement and protection in power systems which drive its demand in utilities and industrial sectors. The equipment is becoming an essential component in power plants for measuring and monitoring current levels, which is critical for maintaining the stability and reliability of power generation systems.

The industrial sector including manufacturing, mining, and chemical processing is looking to invest in the equipment which could provide the accurate monitoring and protection of high-voltage equipment which drives the demand for indoor current transformers in the market. Furthermore, the deployment of smart grids and renewable energy projects is further accelerating demand for indoor current transformers in the market.

Asia-Pacific Leads the Current Transformers Market

The Asia-Pacific dominates the current transformers market and has the highest market share. The region comprises developing countries, and most of the countries invest in renewable energy sources and the power distribution sector, which drives the demand for current transformers in the market. The expansion and upgrading of existing power infrastructure to ensure a reliable and uninterrupted power supply significantly contributes to a rise in the demand for current transformers market size. China and India are some of the biggest energy consumers, making the Asia-Pacific region contribute significantly to global consumption. Countries are making investments in modernizing power grids to improve energy efficiency, reduce transmission losses, ensure reliable power supply boost the demand for efficient current transformers in the market.

For instance, in July 2024, the Indian Government decided to increase the capital investment by 14% for eight state-owned power companies in the nation's power sector. This development will help the companies to increase production and operations in different states.

Developing countries in Asia-Pacific are highly focused on the manufacturing sector and electrification of rural areas, which fosters the demand for current transformers in the region. Additionally, the adoption of advanced technologies in current transformer designs makes the equipment highly efficient in integration with sensors, IoT connectivity, and data analytics capabilities, enabling real-time monitoring and predictive maintenance which will drive its demand in the forecast period.

Future Market Scenario (2025 - 2032F)

Ongoing investments in smart grid projects and the implementation of smart meters and Advanced Metering Infrastructure (AMI) will further propel demand for current transformers.

Governments are focusing on modernizing existing facilities and constructing new power plants and commercial buildings fostering the demand for current transformers in the forecast period.

The adoption of efficient monitoring and control systems in the industrial sector will drive the demand for current transformers in the market.

The industrial sector heavily invests in automation which will drive the demand for current transformers in the market.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of current transformers globally as the companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for integrating renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in February 2024, Hitachi Energy Ltd. invested around USD 32 million in a manufacturing facility of power transformers in Bad Honnef, Germany. The investment will expand the company's global footprint and capacity at speed, addressing the accelerating demand for transformers in Europe to support clean energy transition in the region. The manufacturing capacity expansion is expected to be completed by 2026.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Respondent Demographics
  • 4.2. Factors Considered in Purchase Decisions
    • 4.2.1. Features and Other Value-Added Service
    • 4.2.2. Accuracy and Performance
    • 4.2.3. Economical Factors
    • 4.2.4. After-Sales Support
    • 4.2.5. Voltage and Current Ratings

5. Global Current Transformer Market Outlook, 2018-2032F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Product Type
      • 5.2.1.1. Indoor Current Transformer
        • 5.2.1.1.1. Wound Current Transformer
        • 5.2.1.1.2. Toroidal Current Transformer
        • 5.2.1.1.3. Bar-Type Current Transformer
      • 5.2.1.2. Outdoor Current Transformer
        • 5.2.1.2.1. Gas-Insulated
        • 5.2.1.2.2. Oil-Filled
      • 5.2.1.3. Others
    • 5.2.2. By Application
      • 5.2.2.1. Metering
      • 5.2.2.2. Protection
      • 5.2.2.3. Others
    • 5.2.3. By End-user
      • 5.2.3.1. Utility
      • 5.2.3.2. Industrial
      • 5.2.3.3. Residential and Commercial
    • 5.2.4. By Region
      • 5.2.4.1. North America
      • 5.2.4.2. Europe
      • 5.2.4.3. Asia-Pacific
      • 5.2.4.4. South America
      • 5.2.4.5. Middle East and Africa
    • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
  • 5.3. Market Map Analysis, 2024
    • 5.3.1. By Product Type
    • 5.3.2. By Application
    • 5.3.3. By End-user
    • 5.3.4. By Region

6. North America Current Transformers Market Outlook, 2018-2032F*

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Product Type
      • 6.2.1.1. Indoor Current Transformer
        • 6.2.1.1.1. Wound Current Transformer
        • 6.2.1.1.2. Toroidal Current Transformer
        • 6.2.1.1.3. Bar-Type Current Transformer
      • 6.2.1.2. Outdoor Current Transformer
        • 6.2.1.2.1. Gas-Insulated
        • 6.2.1.2.2. Oil-Filled
      • 6.2.1.3. Others
    • 6.2.2. By Application
      • 6.2.2.1. Metering
      • 6.2.2.2. Protection
      • 6.2.2.3. Others
    • 6.2.3. By End-user
      • 6.2.3.1. Utility
      • 6.2.3.2. Industrial
      • 6.2.3.3. Residential and Commercial
    • 6.2.4. By Country Share
      • 6.2.4.1. United States
      • 6.2.4.2. Canada
      • 6.2.4.3. Mexico
  • 6.3. Country Market Assessment
    • 6.3.1. United States Current Transformers Market Outlook, 2018-2032F*
      • 6.3.1.1. Market Size Analysis & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share Analysis & Forecast
        • 6.3.1.2.1. By Product Type
          • 6.3.1.2.1.1. Indoor Current Transformer
          • 6.3.1.2.1.1.1. Wound Current Transformer
          • 6.3.1.2.1.1.2. Toroidal Current Transformer
          • 6.3.1.2.1.1.3. Bar-Type Current Transformer
          • 6.3.1.2.1.2. Outdoor Current Transformer
          • 6.3.1.2.1.2.1. Gas-Insulated
          • 6.3.1.2.1.2.2. Oil-Filled
          • 6.3.1.2.1.3. Others
        • 6.3.1.2.2. By Application
          • 6.3.1.2.2.1. Metering
          • 6.3.1.2.2.2. Protection
          • 6.3.1.2.2.3. Others
        • 6.3.1.2.3. By End-user
          • 6.3.1.2.3.1. Utility
          • 6.3.1.2.3.2. Industrial
          • 6.3.1.2.3.3. Residential and Commercial
    • 6.3.2. Canada
    • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Current Transformers Market Outlook, 2018-2032F

  • 7.1. Germany
  • 7.2. France
  • 7.3. Italy
  • 7.4. United Kingdom
  • 7.5. Russia
  • 7.6. Netherlands
  • 7.7. Spain
  • 7.8. Turkey
  • 7.9. Poland

8. Asia-Pacific Current Transformers Market Outlook, 2018-2032F

  • 8.1. India
  • 8.2. China
  • 8.3. Japan
  • 8.4. Australia
  • 8.5. Vietnam
  • 8.6. South Korea
  • 8.7. Indonesia
  • 8.8. Philippines

9. South America Current Transformers Market Outlook, 2018-2032F

  • 9.1. Brazil
  • 9.2. Argentina

10. Middle East and Africa Current Transformers Market Outlook, 2018-2032F

  • 10.1. Saudi Arabia
  • 10.2. UAE
  • 10.3. South Africa

11. Porter's Five Forces Analysis

12. PESTLE Analysis

13. Market Dynamics

  • 13.1. Market Drivers
  • 13.2. Market Challenges

14. Market Trends and Developments

15. Competitive Landscape

  • 15.1. Competition Matrix of Top 5 Market Leaders
  • 15.2. SWOT Analysis for Top 5 Players
  • 15.3. Key Players Landscape for Top 10 Market Players
    • 15.3.1. ABB Ltd.
      • 15.3.1.1. Company Details
      • 15.3.1.2. Key Management Personnel
      • 15.3.1.3. Products and Services
      • 15.3.1.4. Financials (As Reported)
      • 15.3.1.5. Key Market Focus and Geographical Presence
      • 15.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 15.3.2. GE Vernova Inc.
    • 15.3.3. Siemens AG
    • 15.3.4. Schneider Electric SE
    • 15.3.5. Hitachi Energy Ltd.
    • 15.3.6. Amran Inc.
    • 15.3.7. Mitsubishi Electric Corporation
    • 15.3.8. Hubbell Incorporated
    • 15.3.9. Neilsen-Kuljian, Inc.
    • 15.3.10. Xiamen ZTC Technology Co., Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16. Strategic Recommendations

17. About Us and Disclaimer