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 2025. 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: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective
of the Study:
- To analyze and estimate the
market size of India instrument transformers market from 2015 to 2018.
- To estimate and forecast the
market size of India instrument transformers market from 2019 to 2025 and
growth rate until 2025.
- 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 sales@techsciresearch.com
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com