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

Publication Month: Jun 2020 | Report Code: TIPRE00008332 | No. of Pages: 169 | Category: Technology, Media and Telecommunications | Status: Published

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The transformer monitoring system market was valued at US$ 1,842.54 million in 2019 and is projected to reach US$ 2,806.19 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.

The smart grid, along with the operations of a power system, is expected to play a significant role in transforming the electrical networks. Smart grids make it easier to quickly restore electricity after power disturbances, and help reduce the management and operating costs of utilities; this ultimately reduces power costs for consumers. Various initiatives taken by the energy sector is also driving the growth of the transformer monitoring system market. For example, in collaboration with the electric utility industry, equipment suppliers, IT operators, federal and state governments, advocacy organizations, colleges, and national laboratories, the US electrical system announced its "Grid 2030" vision. This vision covers the following power sector-related aspects: generation, transmission, delivery, storage, and end-use. It describes the fundamental problems and obstacles in grid modernization, followed by making recommendations to policymakers and industries to help them develop future electrical distribution infrastructure, such as utility communications.

Additionally, one of the transformer's most significant uses in smart grids is its role in integrating distributed power into the primary grid. Smart grids have two-way communication to monitor network characteristics and control them in real-time. The primary step involves the implementation of smart meters for end-user interactions, followed by the use of smart transformers within the network to enhance communication further and avoid power outages. The smart grid initiatives are thus among the major drivers for the growth of the transformer monitoring system market.

Impact of COVID-19 Pandemic on Transformer Monitoring System Market

The US has the highest number of confirmed cases of COVID-19 morbidity among all the North American countries. This is likely to adversely affect the information and communication technology (ICT) sector due to disruptions in supply chain. The energy sector in countries in this region are likely to focus on the development of coordination between the natural gas and telecommunications industries as well as supply chain issues to better tackle grid threats.

Lucrative Regions for Transformer Monitoring System Market

Lucrative Regions for Transformer Monitoring System Market

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Market Insights

Emergence of Big Data Analytics

In the age of growing industrialization and rapidly changing industrial working environment, automation, big data analytics, and the Internet of Things play a critical role. Planning downtime and physically monitoring different transformer parameters now appears first age work for power distribution companies. Monitoring different standard parameters from IT cell/office comfort has now become a new norm. Big data analytics in power systems are of interest in the fields of data acquisition, storage, analysis, and visualization. However, the characterization of the state of the transmission equipment is given little care. Power transformers face many difficulties in detecting anomalies and diagnosing faults. The functional relationships between different status parameters and patterns of the defect are complicated to describe the functions explicitly. Utilities across the globe are, however, striving to safely and efficiently deliver reliable electricity.

Every critical equipment asset from generation to delivery is operating at the optimum level to meet and exceed the set goals. With the help of big data, transformers can efficiently change transmission voltages down to lower distribution voltages. Thus, the emergence of big data analytics in the transformer monitoring system market is one of the major trends likely to impact market growth during the forecast period.

Component Market Insights

Based on components, the transformer monitoring system market is segmented into hardware and IT solutions. It is expected the IT solutions segment will dominate the market worldwide during the forecast period. Hardware is usually a cabinet that is installed near a transformer, collecting local signals, possibly processing data collection, and even reacting in emergencies. A design based on embedded hardware is developed to acquire data from the electrical sensing system along with the electronic meter. It consists of a sensing system, electric circuits for signal conditioning, advanced embedded computer hardware for middle-level computing, a robust computer network for further data transmission to different locations. The E Series offered by dynamic ratings, is custom-engineered to-order modular hardware platform for utilities that need custom-made transformer monitoring solutions. The application engineers work with the service or the transformer manufacturer to develop the optimal transformer monitoring solution that meets the requirements. It manufactures, programs, and tests the solution according to our policies and processes certified to ISO 9001. Additionally, the field service team provides final installation field verification

Transformer Monitoring System Market, by Component– 2019 and 2027

Transformer Monitoring System Market, by Component– 2019 and 2027

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Services Market Insight

Based on service, the global market for transformer monitoring systems is segmented into oil/gas monitoring, bushing monitoring, and others. The bushing monitoring segment is estimated to record higher growth during the forecast period, as it saves time and money during continuous tracking. The bushing monitoring system is used as a stand-alone system, or in a combination with a trusted monitoring system for transformer condition. This follows the principle that it is always better to integrate multiple measurement results into an overall picture, rather than to base analysis on individual sensor measurements. Additionally, the bushing monitoring system checks transformer status and detects deterioration in bushings, finds isolation abnormalities, and issues alerts. In the application category, the bushing monitoring segment is expected to grow at a higher pace in the coming years to reach a significant valuation during the forecast period.

Application Market Insight

Based on application, the global transformer monitoring system market is segmented into distribution transformers, power transformers, and others. The power transformers segment is expected to be the largest segment in the global market for transformer monitoring systems in terms of value, owing to government regulations targeting transmission network monitoring and control. These transformers function on high voltages, which demands their regular monitoring and maintenance.

Strategic Insights

The players operating in the enterprise content management market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

  • In Feb 2020, Power management company Eaton declared it has completed the acquisition of Power Distribution, Inc. (PDI). Eaton’s aim is to enhance the quality of life and the environment through the use of power management technologies and services. We provide sustainable solutions that help our customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably.

 

  • In April 2019, ABB new field-tested model-based monitoring system is combined within standard substation equipment and presented in MicroSCADA Pro. This unique approach permits an asset’s performance to be evaluated while in actual service as well as imminent faults to be detected.

 

Global Transformer Monitoring System Segments:

Transformer Monitoring System Market – By Component

  • Hardware
  • IT Solutions

Transformer Monitoring System Market – By Service

  • Bushing Monitoring
  • Oil/Gas Monitoring
  • Others

Transformer Monitoring System Market – By Application

  • Distribution Transformer
  • Power Transformer
  • Others

Transformer Monitoring System Market – By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • Rest of APAC
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Rest of SAM

Companies

  • ABB Ltd.
  • Eaton Corporation plc
  • Honeywell International Inc.
  • Schneider Electric SE
  • Siemens AG
  • Schweitzer Engineering Laboratories, Inc.
  • Kirloskar Electric Company
  • KJ Dynatech Inc
  • WILSON TRANSFORMER COMPANY
  • Mitsubishi Electric Corporation
  • Dynamic Ratings

 

1.             Introduction

1.1       Scope of The Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Global Transformer Monitoring System Market – By Component

1.3.2        Global Transformer Monitoring System Market – By Service

1.3.3        Global Transformer Monitoring System Market – By Application

1.3.4        Global Transformer Monitoring System Market – By Geography

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Transformer Monitoring System Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        Asia-Pacific

4.2.4        Middle East and Africa

4.2.5        South America

4.3       Ecosystem Analysis

4.4       Expert Opinions

5.             Transformer Monitoring System Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Growing Initiatives Toward Smart Grids

5.1.2        Rising Digitalization of Power Utilities

5.2       Market Restraints

5.2.1        Cost Barriers

5.3       Market Opportunities

5.3.1        Offshore Wind Farms

5.4       Future Trends

5.4.1        Emergence of Big Data Analytics

5.5       Impact Analysis of Drivers and Restraints

6.             Transformer Monitoring System Market– Global Analysis

6.1       Transformer Monitoring System Global Overview

6.2       Transformer Monitoring System Market –Revenue and Forecast to 2027 (US$ Million)

6.3       Market Positioning- Global Market Players Ranking

7.             Transformer Monitoring System Market Analysis –  By Component

7.1       Overview

7.2       Transformer Monitoring System Market, By Component (2019 and 2027)

7.3       Hardware

7.3.1        Overview

7.3.2        Hardware: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

7.4       IT Solutions

7.4.1        Overview

7.4.2        IT Solutions: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

8.             Transformer Monitoring System Market Analysis –  By Service

8.1       Overview

8.2       Transformer Monitoring System Market, By Service (2019 and 2027)

8.3       Bushing Monitoring

8.3.1        Overview

8.3.2        Bushing Monitoring: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

8.4       Oil/Gas Monitoring

8.4.1        Overview

8.4.2        Oil/Gas Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027  (US$ Million)

8.5       Others

8.5.1        Overview

8.5.2        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

9.             Transformer Monitoring System Market Analysis – By Application

9.1       Overview

9.2       Transformer Monitoring System Market, By Application (2019 and 2027)

9.3       Distribution Transformers

9.3.1        Overview

9.3.2        Distribution Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027  (US$ Million)

9.4       Power Transformers

9.4.1        Overview

9.4.2        Power Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027  (US$ Million)

9.5       Others

9.5.1        Overview

9.5.2        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

10.          Transformer Monitoring System Market –  Geographic Analysis

10.1    Overview

10.2    North America: Transformer Monitoring System Market

10.2.1     North America: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.2     North America: Transformer Monitoring System Market, by Component

10.2.3     North America: Transformer Monitoring System Market, by Service

10.2.4     North America: Transformer Monitoring System Market, by Application

10.2.5     North America: Transformer Monitoring System Market, by Key Country

10.2.5.1    US: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.1.1    US: Transformer Monitoring System Market, by Component

10.2.5.1.2    US: Transformer Monitoring System Market, by Service

10.2.5.1.3    US: Transformer Monitoring System Market, by Application

10.2.5.2    Canada: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.2.1    Canada: Transformer Monitoring System Market, by Component

10.2.5.2.2    Canada: Transformer Monitoring System Market, by Service

10.2.5.2.3    Canada: Transformer Monitoring System Market, by Application

10.2.5.3    Mexico: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.5.3.1    Mexico: Transformer Monitoring System Market, by Component

10.2.5.3.2    Mexico: Transformer Monitoring System Market, by Service

10.2.5.3.3    Mexico: Transformer Monitoring System Market, by Application

10.3    Europe: Transformer Monitoring System Market

10.3.1     Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.2     Europe: Transformer Monitoring System Market, by Component

10.3.3     Europe: Transformer Monitoring System Market, by Service

10.3.4     Europe: Transformer Monitoring System Market, by Application

10.3.5     Europe: Transformer Monitoring System Market, by Key Country

10.3.5.1    UK: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.1.1    UK: Transformer Monitoring System Market, by Component

10.3.5.1.2    UK: Transformer Monitoring System Market, by Service

10.3.5.1.3    UK: Transformer Monitoring System Market, by Application

10.3.5.2    Germany: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.2.1    Germany: Transformer Monitoring System Market, by Component

10.3.5.2.2    Germany: Transformer Monitoring System Market, by Service

10.3.5.2.3    Germany: Transformer Monitoring System Market, by Application

10.3.5.3    France: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.3.1    France: Transformer Monitoring System Market, by Component

10.3.5.3.2    France: Transformer Monitoring System Market, by Service

10.3.5.3.3    France: Transformer Monitoring System Market, by Application

10.3.5.4    Italy: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.4.1    Italy: Transformer Monitoring System Market, by Component

10.3.5.4.2    Italy: Transformer Monitoring System Market, by Service

10.3.5.4.3    Italy: Transformer Monitoring System Market, by Application

10.3.5.5    Russia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.5.1    Russia: Transformer Monitoring System Market, by Component

10.3.5.5.2    Russia: Transformer Monitoring System Market, by Service

10.3.5.5.3    Russia: Transformer Monitoring System Market, by Application

10.3.5.6    Rest of Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.3.5.6.1    Rest of Europe: Transformer Monitoring System Market, by Component

10.3.5.6.2    Rest of Europe: Transformer Monitoring System Market, by Service

10.3.5.6.3    Rest of Europe: Transformer Monitoring System Market, by Application

10.4    APAC: Transformer Monitoring System Market

10.4.1     APAC: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.2     APAC: Transformer Monitoring System Market, by Component

10.4.3     APAC: Transformer Monitoring System Market, by Service

10.4.4     APAC: Transformer Monitoring System Market, by Application

10.4.5     APAC: Transformer Monitoring System Market, by Key Country

10.4.5.1.1    China: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.1.2    China: Transformer Monitoring System Market, by Component

10.4.5.1.3    China: Transformer Monitoring System Market, by Service

10.4.5.1.4    China: Transformer Monitoring System Market, by Application

10.4.5.2    Japan: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.2.1    Japan: Transformer Monitoring System Market, by Component

10.4.5.2.2    Japan: Transformer Monitoring System Market, by Service

10.4.5.2.3    Japan: Transformer Monitoring System Market, by Application

10.4.5.3    India: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.3.1    India: Transformer Monitoring System Market, by Component

10.4.5.3.2    India: Transformer Monitoring System Market, by Service

10.4.5.3.3    India: Transformer Monitoring System Market, by Application

10.4.5.4    Australia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.4.1    Australia: Transformer Monitoring System Market, by Component

10.4.5.4.2    Australia: Transformer Monitoring System Market, by Service

10.4.5.4.3    Australia: Transformer Monitoring System Market, by Application

10.4.5.5    South Korea: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.5.1    South Korea: Transformer Monitoring System Market, by Component

10.4.5.5.2    South Korea: Transformer Monitoring System Market, by Service

10.4.5.5.3    South Korea: Transformer Monitoring System Market, by Application

10.4.5.6    Rest of APAC: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.4.5.6.1    Rest of APAC: Transformer Monitoring System Market, by Component

10.4.5.6.2    Rest of APAC: Transformer Monitoring System Market, by Service

10.4.5.6.3    Rest of APAC: Transformer Monitoring System Market, by Application

10.5    MEA: Transformer Monitoring System Market

10.5.1     MEA: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.5.2     MEA: Transformer Monitoring System Market, by Component

10.5.3     MEA: Transformer Monitoring System Market, by Service

10.5.4     MEA: Transformer Monitoring System Market, by Application

10.5.5     MEA: Transformer Monitoring System Market, by Key Country

10.5.5.1    Saudi Arabia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.1.1    Saudi Arabia: Transformer Monitoring System Market, by Component

10.5.5.1.2    Saudi Arabia: Transformer Monitoring System Market, by Service

10.5.5.1.3    Saudi Arabia: Transformer Monitoring System Market, by Application

10.5.5.2    UAE: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.2.1    UAE: Transformer Monitoring System Market, by Component

10.5.5.2.2    UAE: Transformer Monitoring System Market, by Service

10.5.5.2.3    UAE: Transformer Monitoring System Market, by Application

10.5.5.3    South Africa: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.3.1    South Africa: Transformer Monitoring System Market, by Component

10.5.5.3.2    South Africa: Transformer Monitoring System Market, by Service

10.5.5.3.3    South Africa: Transformer Monitoring System Market, by Application

10.5.5.4    Rest of MEA: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.5.5.4.1    Rest of MEA: Transformer Monitoring System Market, by Component

10.5.5.4.2    Rest of MEA: Transformer Monitoring System Market, by Service

10.5.5.4.3    Rest of MEA: Transformer Monitoring System Market, by Application

10.6    SAM: Transformer Monitoring System Market

10.6.1     SAM: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.6.2     SAM: Transformer Monitoring System Market, by Component

10.6.3     SAM: Transformer Monitoring System Market, by Service

10.6.4     SAM: Transformer Monitoring System Market, by Application

10.6.5     SAM: Transformer Monitoring System Market, by Key Country

10.6.5.1    Brazil: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.1    Brazil: Transformer Monitoring System Market, by Component

10.6.5.1.2    Brazil: Transformer Monitoring System Market, by Service

10.6.5.1.3    Brazil: Transformer Monitoring System Market, by Application

10.6.5.1.4    Argentina: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.1.5    Argentina: Transformer Monitoring System Market, by Component

10.6.5.1.6    Argentina: Transformer Monitoring System Market, by Service

10.6.5.1.7    Argentina: Transformer Monitoring System Market, by Application

10.6.5.2    Rest of SAM: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.6.5.2.1    Rest of SAM: Transformer Monitoring System Market, by Component

10.6.5.2.2    Rest of SAM: Transformer Monitoring System Market, by Service

10.6.5.2.3    Rest of SAM: Transformer Monitoring System Market, by Application

11.          Impact of COVID-19 Pandemic on Global Transformer Monitoring System Market

11.1    North America: Impact assessment of COVID-19 Pandemic

11.2    Europe: Impact Assessment of COVID-19 Pandemic

11.3    Asia Pacific: Impact assessment of COVID-19 Pandemic

11.4    Middle East and Africa: Impact assessment of COVID-19 Pandemic

11.5    South America: Impact assessment of COVID-19 Pandemic

12.          Industry Landscape

12.1    Overview

12.2    Market Initiative

12.3    Merger and Acquisition

13.          Company Profile

13.1    ABB Ltd.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2    Eaton Corporation plc

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3    Honeywell International Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4    Schneider Electric SE

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5    Siemens AG

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6    Schweitzer Engineering Laboratories, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7    Kirloskar Electric Company

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8    KJ Dynatech Inc

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9    WILSON TRANSFORMER COMPANY

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10 Mitsubishi Electric Corporation

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

13.11 Dynamic Ratings

13.11.1   Key Facts

13.11.2   Business Description

13.11.3   Products and Services

13.11.4   Financial Overview

13.11.5   SWOT Analysis

13.11.6   Key Developments

14.          Appendix

14.1    About The Insight Partners

14.2    Glossary of Terms

LIST OF TABLES

Table 1.             Transformer Monitoring System Market –Revenue and Forecast to 2027 (US$ Million)

Table 2.             North America: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 3.             North America: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027  (US$ Million)

Table 4.             North America: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 5.             North America Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027  (USD Million)

Table 6.             US: Transformer Monitoring System Market, by Component –Revenue and Forecast to 2027 (US$ Million)

Table 7.             US: Transformer Monitoring System Market, by Service –Revenue and Forecast to 2027 (US$ Million)

Table 8.             US: Transformer Monitoring System Market, by Application –Revenue and Forecast to 2027 (US$ Million)

Table 9.             Canada: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 10.          Canada: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Canada: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Mexico: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Mexico: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 14.          Mexico: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 15.          Europe: Transformer Monitoring System Market, by Component– Revenue and Forecast to 2027 (US$ Million)

Table 16.          Europe: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 17.          Europe: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 18.          Europe Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027 (USD Million)

Table 19.          UK: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 20.          UK: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 21.          UK: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 22.          Germany: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 23.          Germany: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 24.          Germany: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 25.          France: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 26.          France: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 27.          France: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 28.          Italy: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 29.          Italy: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 30.          Italy: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 31.          Russia: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 32.          Russia: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 33.          Russia: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 34.          Rest of Europe: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 35.          Rest of Europe: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027  (US$ Million)

Table 36.          Rest of Europe: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 37.          APAC: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 38.          APAC: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 39.          APAC: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 40.          APAC Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027 (USD Million)

Table 41.          China: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 42.          China: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 43.          China: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 44.          Japan: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 45.          Japan: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 46.          Japan: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 47.          India: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 48.          India: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 49.          India: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 50.          Australia: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 51.          Australia: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 52.          Australia: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 53.          South Korea: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 54.          South Korea: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 55.          South Korea: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 56.          Rest of APAC: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 57.          Rest of APAC: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 58.          Rest of APAC: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 59.          MEA: Transformer Monitoring System Market, by Component– Revenue and Forecast to 2027 (US$ Million)

Table 60.          MEA: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 61.          MEA: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 62.          MEA Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027 (USD Million)

Table 63.          South Africa: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 64.          South Africa: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 65.          South Africa: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 66.          UAE: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 67.          UAE: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 68.          UAE: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 69.          South Africa: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 70.          South Africa: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 71.          South Africa: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 72.          Rest of MEA: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 73.          Rest of MEA: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 74.          Rest of MEA: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 75.          SAM: Transformer Monitoring System Market, by Component– Revenue and Forecast to 2027 (US$ Million)

Table 76.          SAM: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 77.          SAM: Transformer Monitoring System Market, by Application– Revenue and Forecast to 2027 (US$ Million)

Table 78.          SAM Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027 (USD Million)

Table 79.          Brazil: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 80.          Brazil: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 81.          Brazil: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 82.          Argentina: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 83.          Argentina: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 84.          Argentina: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 85.          Rest of SAM: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027  (US$ Million)

Table 86.          Rest of SAM: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 87.          Rest of SAM: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 88.          Glossary of Term: Transformer Monitoring System Market

 

 

LIST OF FIGURES

Figure 1.           Transformer Monitoring System Market Segmentation

Figure 2.           Transformer Monitoring System Market Segmentation – BY Region

Figure 3.           Global Transformer Monitoring System Market – Geographical Analysis

Figure 4.           Global Transformer Monitoring System Market Overview

Figure 5.           IT Solutions to Dominate the Market by Component

Figure 6.           Bushing Monitoring Service to Witness Highest Growth During Forecast Period

Figure 7.           Power Transformer to Hold Largest Share During Forecast Period

Figure 8.           North America – PEST Analysis

Figure 9.           Europe- PEST Analysis

Figure 10.        Asia-Pacific- PEST Analysis

Figure 11.        Middle East and Africa- PEST Analysis

Figure 12.        South America- PEST Analysis

Figure 13.        Transformer Monitoring System Market Ecosystem Analysis

Figure 14.        Transformer Monitoring System Market Impact Analysis of Drivers and Restraints

Figure 15.        Global Transformer Monitoring System Market

Figure 16.        Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 18.        Hardware: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        IT Solutions: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 21.        Bushing Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Oil/Gas Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        Transformer Monitoring System Market Revenue Share, by Application (2019 and 2027)

Figure 25.        Distribution Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027  (US$ Million)

Figure 26.        Power Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 27.        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 28.        Global Transformer Monitoring System Market Revenue Share, by Region (2019 and 2027)

Figure 29.        North America: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 30.        North America: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 31.        North America: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 32.        North America: Transformer Monitoring System Market Revenue Share, by Application (2019 and 2027)

Figure 33.        North America: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 34.        US: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 35.        Canada: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 36.        Mexico: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 37.        Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 38.        Europe: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 39.        Europe: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 40.        Europe: Transformer Monitoring System Market Revenue Share, by Application (2018 and 2027)

Figure 41.        Europe: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 42.        UK: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 43.        Germany: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 44.        France: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 45.        Italy: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 46.        Russia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 47.        Rest of Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 48.        APAC: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 49.        APAC: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 50.        APAC: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 51.        APAC: Transformer Monitoring System Market Revenue Share, by Application (2018 and 2027)

Figure 52.        APAC: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 53.        China: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 54.        Japan: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 55.        India: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 56.        Australia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 57.        South Korea: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 58.        Rest of APAC: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 59.        MEA: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 60.        MEA: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 61.        MEA: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 62.        MEA: Transformer Monitoring System Market Revenue Share, by Application (2018 and 2027)

Figure 63.        MEA: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 64.        Saudi Arabia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 65.        UAE: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 66.        South Africa: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 67.        Rest of MEA: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 68.        SAM: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 69.        SAM: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 70.        SAM: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 71.        SAM: Transformer Monitoring System Market Revenue Share, by Application (2018 and 2027)

Figure 72.        SAM: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 73.        Brazil: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 74.        Argentina: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 75.        Rest of SAM: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 76.        Impact of COVID-19 Pandemic on Market in North American Countries

Figure 77.        Impact of COVID-19 Pandemic on Market in European Countries

Figure 78.        Impact of COVID-19 Pandemic on Market in Asia Pacific Countries

Figure 79.        Impact of COVID-19 Pandemic on Market in Middle Eastern and African Countries

Figure 80.        Impact of COVID-19 Pandemic on Market in South American Countries

 

 

The List of Companies - Transformer Monitoring System Market

  1. ABB LTD.
  2. EATON CORPORATION
  3. HONEYWELL INTERNATIONAL, INC.
  4. KIRLOSKAR ELECTRIC COMPANY
  5. KJ DYNATECH INC.
  6. MITSUBISHI CORPORATION
  7. SCHNEIDER ELECTRIC SE
  8. SCHWEITZER ENGINEERING LABORATORIES, INC.
  9. SIEMENS AG
  10. WILSON TRANSFORMER COMPANY
  11. Dynamic Ratings
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global transformer monitoring system market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global transformer monitoring system market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

 

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Frequently Asked Questions

The Europe region led the regenerative thermal oxidizer market in 2019 owing to strong considerable demand for maintaining and supervision of electrical grids along with stringent safety regulatory guidelines to prevent system failure its notably large industrial sector contributed in the region’s larger market share

The increase in electrification of electrical grid system and rising expenditure towards improving the electrical grid systems, transmission and distribution networks across the developing economies are powering the growth of the transformer monitoring system market.

The bushing monitoring based service continued to dominate the market by service owing to extensive scope of application for the service for basic maintenance and monitoring applications.

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