Transformer Monitoring System Market to Grow at a CAGR of 5.5% to reach US$ 2,806.19 Million from 2020 to 2027

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
Covid

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 transformer monitoring systems are object-oriented systems (SCADA systems), which offer insights into the state of a transformer as well as in the real-time service conditions. The systems serve the functions of measuring and comparing current and initial values. A transformer monitoring system comprises sensors that are connected to software, which assist customers in improving the reliability of transmission, distribution, and substation systems, leading to increased maintenance savings and reduced 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.

 

Europe holds the largest share of the transformer monitoring system market, followed by Asia Pacific and North America. The growth of the European market is mainly attributed to rapid installation of power transformers in the region and rise in the number of power grid networks. The market in Asia Pacific is expected to grow at the highest CAGR during 2020–2027, owing to the rise in demand for electricity in the region.

 

Impact of COVID-19 Pandemic on Transformer Monitoring System Market

In Europe, Italy is the hardest-hit country by the COVID-19 outbreak. It is suffering an economic hit due to a lack of revenue from various industries. Other member states in the European Union (EU) have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact the growth of the transformer monitoring systems market in Europe. Further, the governments in various EU countries are restricting the increments in the cost of communication services. For instance, the Spanish government banned price increases on electronic telecom networks, as subscribers were unable to switch to another provider, and it has also discontinued all non-progressive fixed and mobile numbering operations.

 

Lucrative Regions for Transformer Monitoring System Market


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Market Insights

Growing Initiatives Toward Smart Grids

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.

 

Component Market Insights

Based on component, the transformer monitoring system market is segmented into hardware and IT solutions. The IT solutions segment would dominate the market in terms of revenue during the forecast period.

 

Transformer Monitoring System Market, by Component – 2019 and 2027


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Service- Market Insights

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 highest CAGR during the forecast period as these services save time and money required for continuous tracking.

 

Application- Market Insights

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 hold the largest share of the global market, owing to government regulations targeting transmission network monitoring and control.

 

Strategic Insights

Market initiative strategies are the commonly adopted strategies by companies to expand their market reach. ABB Ltd., Mitsubishi Electric Corporation, Honeywell International Inc., and Wilson Transformer Company are among the market players implementing this strategy to enlarge the customer base and gain significant market share globally, which in turn permits them maintain their brand name in the global transformer monitoring system market.

 

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

2020: Wilson Transformer Company Power Transformer and Distribution Business Units providing monitoring and control solutions for power and distribution transformers which can be tailored to each customer’s specific requirement. The range of solutions vary from very simple load recording devices through to full monitoring and control solutions for power transformers. The condition-based asset management solutions maximize the availability and reliability of electrical networks in a cost-effective manner

2019: Honeywell today introduced the next-generation Kromschröder BCU 4 Series, an all-in-one control solution for multi-burner applications. Replacing an earlier product line, the BCU 4 Series 460, 465 and 480 models incorporate a range of refinements and new features designed for simplified engineering, installation and start-up. They also provide various options to increase utility and effectiveness of the control solution – including a space-efficient design that allows the unit to be mounted close to a burner versus in a separate cabinet, enabling better system integration

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 Transformers
  • Power Transformers
  • Others

 

Transformer Monitoring System Market – Company Profiles

  • 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 Rating

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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