FMI Predicts Transformer Monitoring System Market to Reach US$ 3 Bn by 2027Posted by Pradnya Kulkarni on November 20th, 2017 Recent market study on transformer monitoring systems has uncovered global aspects influencing the growth of the market in a new publication titled “Transformer Monitoring System Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, skilfully crafted by Future Market Insights. The research report unveils in-depth analysis on numerous factors along with key participants involved in transformer monitoring systems. Key trends, drivers, developments and innovations and restraints have been included in this research report that impact the growth of the global market for transformer monitoring systems. An all-inclusive angle of the global transformer monitoring system market has been assessed with a weighted market segmentation that covers every aspect of the market. Along with historical data representations and current scenario of the global market, future market insights have been deduced for a period of 10 years starting from 2017 till 2027. Global Transformer Monitoring System Market: Forecast Analysis The global market for transformer monitoring system market is anticipated to register significant growth during the forecast period, 2017-2027. Research says that the global transformer monitoring system market is projected to grow at a stellar CAGR of 10.4% during the period of assessment to reach a value of more than US$ 3 Bn by the end of the assessment year from a valuation of US$ 1346.3 Mn in 2017. Global Transformer Monitoring System Market: Segmental Snapshot The global transformer monitoring system market is segmented by product, by installation type, by application, by end use and by region.
Global Transformer Monitoring System Market: Factors Impacting Revenue Growth Ageing power infrastructure, increasing need for monitoring large and complex power networks, rising demand for retrofit installations, increasing renewable energy penetration to accelerate demand for transformer monitoring systems, rising focus on grid reliability, emerging green power transformers, rising electricity consumption, expanding wind and solar energy sectors, rising investment in power systems network, investment in smart grid infrastructure by utilities and reforms to strengthen electricity infrastructure have propelled the growth of the global transformer monitoring system market. However, factors such as high installation costs of transformer monitoring systems, unpredictable regulations and policies and capital supply constraints have challenged the growth of the global market for transformer monitoring systems. Global Transformer Monitoring System Market: Competition Analysis The research report on global transformer monitoring system market includes a detailed market assessment that includes competition tracking along with key developments undertaken by the competitor, SWOT analysis, company overview, strategies undertaken, mergers and acquisitions, product portfolios etc. Major Companies such as ABB Group, Siemens AG, General Electric, Mitsubishi Electric Power Products, Inc., Eaton Corporation, Hitachi Ltd., Qualitrol Company LLC, Koncar-Electrical Engineering Institute Inc., Maschinenfabrik Reinhausen GmbH (MR), CETT Co., Ltd., Groupe Cahors, Camlin Power, MTE Meter Test Equipment AG and Advanced Power Technologies LLC have been assessed during the course of the research. Buy Transformer Monitoring System Market Research Report@ https://www.futuremarketinsights.com/checkout/2378 Like it? Share it!More by this author |