Europe Transformer Monitoring System Market Segments and Growth by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Europe Transformer Monitoring System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, IT Solutions), Service (Bushing Monitoring, Oil/Gas Monitoring, Others), Application (Distribution Transformers, Power Transformers, Others), and Country

  • Report Date : Jul 2020
  • Report Code : TIPRE00012205
  • Category : Electronics and Semiconductor
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 86

The transformer monitoring system market in Europeis expected to grow from US$ 585.7 million in 2019 to US$ 881.1 million by 2027; it is estimated to grow at a CAGR of 5.3% from 2020 to 2027.

A transformer monitoring system comprises sensors to software that assist customers in improving transmission, distribution, and substation system reliability, leading to an increase in maintenance savings and reduction in outages. The system consists of innovative sensors, monitors, and controls for data collection, analysis, and diagnostics. With the use of asset management tools, customers have realized the benefits of online transformer monitoring, which in turn is triggering the growth of the transformer monitoring system market. Governments of various countries are framing energy policies that encourage the use of alternative and clean solutions, thereby contributing to the growth of the Europe transformer monitoring systems market.The Europe has witnessed a fall in coal production since the last decade. The region has moved toward the adoption of energy sources having lower carbon footprint due to the effect of CO2emissions on the environment in terms of climate change. Europe has imported ~53–55% of energy for consumption in the past few years. In 2016, renewable sources accounted for 86% of the new energy capacity added in the EU countries. Improvements in energy-efficiency by promoting the use of hydroelectricity and wind power are likely to drive market growth during the forecast period.

With the introduction of newfeatures and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive thetransformer monitoring system market, and is expected to grow at a good CAGR during the forecast period.

Europe Transformer Monitoring System Market Revenue and Forecast to 2027 (US$ Mn)

Europe Transformer Monitoring System Market Revenue and Forecast to 2027 (US$ Mn)
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Transformer Monitoring System Market Segmentation

EuropeTransformer Monitoring System Market,by Component

  • Hardware
  • IT Solutions


Europe Transformer Monitoring System Market,byService

  • Bushing Monitoring
  • Oil/Gas Monitoring
  • Others


Europe Transformer Monitoring System Market,byApplication

  • Distribution Transformers
  • Power Transformers
  • Others


Europe Transformer Monitoring System Market,by Country

  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Rest of Europe

Europe Transformer Monitoring System Market-Companies Mentioned

  • ABB Ltd.
  • Eaton Corporation plc
  • Honeywell International Inc.
  • Schneider Electric SE
  • Siemens AG
  • Schweitzer Engineering Laboratories, Inc.
  • Mitsubishi Electric Corporation
  • Dynamic Ratings

Europe Transformer Monitoring System Report Scope

Report Attribute Details
Market size in 2019 US$ 585.7 Million
Market Size by 2027 US$ 881.1 Million
Global CAGR (2020 - 2027) 5.3%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Component
  • Hardware
  • IT Solutions
By Service
  • Bushing Monitoring
  • Oil/Gas Monitoring
By Application
  • Distribution Transformers
  • Power Transformers
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • ABB Ltd.
  • Eaton Corporation plc
  • Honeywell International Inc.
  • Schneider Electric SE
  • Siemens AG
  • Schweitzer Engineering Laboratories, Inc.
  • Mitsubishi Electric Corporation
  • Dynamic Ratings
  • Naveen Chittaragi
    Naveen Chittaragi
    Associate Vice President,
    Market Research & Consulting

    Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

    Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    user

    I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

    DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
    user

    The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

    Yukihiko Adachi CEO, Deep Blue, LLC.

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Strategic Planning
    • Investment Justification
    • Identifying Emerging Markets
    • Enhancing Marketing Strategies
    • Boosting Operational Efficiency
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients

    The List of Companies - Europe Transformer Monitoring System Market

    1. ABB Ltd.
    2. Eaton Corporation plc
    3. Honeywell International Inc.
    4. Schneider Electric SE
    5. Siemens AG
    6. Schweitzer Engineering Laboratories, Inc.
    7. Mitsubishi Electric Corporation
    8. Dynamic Ratings
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo