India instrument transformers market
is expected to grow at a steady rate during the forecast period. The India instrument
transformers market is driven by the increasing demand for cleaner and
alternative forms of energy. This has drastically increased the demand for wind
energy, solar energy, hydel power, among others thereby fueling the market
growth through 2026. Additionally, development of new & upgradation of
existing grid infrastructure is further expected to propel the market over the
next few days. Furthermore, growing investment by the government for
development of smart grids is expected to create lucrative opportunities for
market growth.
The India instrument transformers market
is segmented based on type, dielectric medium, voltage, enclosure type, cooling
type, phase, application, end user industry, company, and region. Based on
dielectric medium, the market can be categorized into liquid dielectric, sf6
gas dielectric and solid dielectric. The liquid dielectric medium category is
expected to account for a significant market portion in coming years, backed by
its application in electrical circuit, as it is mostly used to measure more
than 5 A magnitude of electrical circuit. Based on cooling type, the market can
be split into dry and oil immersed. Oil immersed segment is expected to
dominate the market owing to its high efficiency for cooling in conjunction
with longer life expectancy.
The major players operating in the
instrument transformers market are ABB India Ltd., General Electric Company, Siemens
India, Arteche Smartgrid India Private Limited, PFIFFNER Instrument
Transformers Pvt. Ltd., Schneider Electric India Pvt. Ltd., Eaton Technologies
Pvt. Ltd., Mitsubishi Electric India Pvt. Ltd., CG Power and Industrial
Solutions Ltd, Bharat Heavy
Electricals Limited and others. Major companies are developing advanced
technologies and launching new products to stay competitive in the market.
Other competitive strategies include mergers & acquisitions and new product
developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the
Study:
- To analyze and estimate the market size of India
instrument transformers market from 2016 to 2019.
- To estimate and forecast the market size of India
instrument transformers market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast India instrument
transformers market based on type, dielectric medium, voltage, enclosure
type, cooling type, phase, application, end user industry, company and
regional distribution.
- To identify dominant region or segment in the India
instrument transformers market.
- To identify drivers and challenges for India instrument
transformers market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in India
instrument transformers market.
- To identify and analyze the profile of leading
players operating in India instrument transformers market.
- To identify key sustainable strategies adopted
by market players in India instrument transformers market.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of manufacturers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufacturers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufacturers, distribution channels and presence of all
major players across the globe.
TechSci Research calculated the market size of India instrument transformers market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also studied
by TechSci Research.
Key Target Audience:
- Instrument transformers manufacturers/
suppliers/ distributors
- Market research and
consulting firms
- Government bodies such as
regulating authorities and policy makers
- Organizations, forums and
alliances related to instrument transformers
The study is useful in providing answers
to several critical questions that are important for the industry stakeholders
such as manufacturers, suppliers and partners, end users, etc., besides
allowing them in strategizing investments and capitalizing on market
opportunities.
Report Scope:
In this report, India instrument
transformers market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- India Instrument Transformers Market, By Type:
- Current Transformers
- Potential Transformers
- Combined Instrument Transformers
- India Instrument Transformers Market, By Dielectric
Medium:
- Liquid Dielectric
- SF6 Gas Dielectric
- Solid Dielectric
- India Instrument Transformers Market, By Voltage:
- Distribution Voltage
- Sub-Transmission Voltage
- High Voltage Transmission
- Extra High Voltage Transmission
- Ultra-High Voltage Transmission
- India Instrument Transformers Market, By Enclosure
Type:
- India Instrument Transformers Market, By Cooling
Type:
- India Instrument Transformers Market, By Phase:
- India Instrument Transformers Market, By
Application:
- Transformer & Circuit Breaker
Bushing
- Switchgear Assemblies
- Relaying
- Metering & Protection
- India Instrument Transformers Market, By End User
Industry:
- Energy & Utilities
- Power Generation
- Railways & Metros
- Industries & OEMs
- Others
- India Instrument Transformers Market, By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India instrument transformers market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
India instrument
transformers market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]