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:
    • Indoor
    • Outdoor
  • India Instrument Transformers Market, By Cooling Type:
    • Dry
    • Oil Immersed
  • India Instrument Transformers Market, By Phase:
    • Single
    • Three
  • 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:
    • North
    • South
    • East
    • West

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]

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on India Instrument Transformers Market

4.    Executive Summary

5.    Voice of Customer

6.    India Instrument Transformers Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Current Transformers, Potential Transformers, Combined Instrument Transformers)

6.2.2.     By Dielectric Medium (Liquid Dielectric, SF6 Gas Dielectric, Solid Dielectric)

6.2.3.     By Voltage (Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage Transmission, Ultra-High Voltage Transmission)

6.2.4.     By Enclosure Type (Indoor v/s Outdoor)

6.2.5.     By Cooling Type (Dry v/s Oil Immersed)

6.2.6.     By Phase (Single v/s Three)

6.2.7.     By Application (Transformer & Circuit Breaker Bushing, Switchgear Assemblies, Relaying, Metering & Protection)

6.2.8.     By End User (Energy & Utilities, Power Generation, Railways & Metros, Industries & OEMs, Others)

6.2.9.     By Company (2020)

6.2.10.  By Region

6.3.  Product Market Map

7.    India Current Transformers Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Voltage

7.2.2.     By Enclosure Type

7.2.3.     By Cooling Type

7.2.4.     By Application

7.2.5.     By End User

8.    India Potential Transformers Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Voltage

8.2.2.     By Enclosure Type

8.2.3.     By Cooling Type

8.2.4.     By Application

8.2.5.     By End User

9.    India Combined Instrument Transformers Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Voltage

9.2.2.     By Enclosure Type

9.2.3.     By Cooling Type

9.2.4.     By Application

9.2.5.     By End User

10.  Market Dynamics

10.1.              Drivers

10.2.              Challenges

11.  Market Trends & Developments

12.  Policy & Regulatory Landscape

13.  India Economic Profile

14.  Competitive Landscape

14.1.              ABB India Ltd.

14.2.              General Electric Company

14.3.              Siemens India

14.4.              Arteche Smartgrid India Private Limited

14.5.              PFIFFNER Instrument Transformers Pvt. Ltd.

14.6.              Schneider Electric India Pvt. Ltd.

14.7.              Eaton Technologies Pvt. Ltd.

14.8.              Mitsubishi Electric India Pvt. Ltd.

14.9.              CG Power and Industrial Solutions Ltd

14.10.            Bharat Heavy Electricals Limited

15.  Strategic Recommendations

16.  About Us & Disclaimer

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]