Report overview
Optical instrument transformers have the advantages of compact structure, small size, anti-electromagnetic interference, non-saturation and easy digital signal transmission, which are in line with the development trend.
Optical instrument transformer can be defined as a new type of transformer that uses photoelectric technology and optical fiber sensing technology to achieve voltage and current measurement in power systems.
This report aims to provide a comprehensive presentation of the global market for Optical Instrument Transformer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Instrument Transformer. This report contains market size and forecasts of Optical Instrument Transformer in global, including the following market information:
Global Optical Instrument Transformer Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Optical Instrument Transformer Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Optical Instrument Transformer companies in 2022 (%)
The global Optical Instrument Transformer market was valued at US$ 141.9 million in 2022 and is projected to reach US$ 224.8 million by 2029, at a CAGR of 6.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of Optical Instrument Transformer include Siemens, Hitachi Energy, etc. Global top 3 companies hold a share over 70%. Europe is the largest market, with a share about 50%, followed by Asia Pacific and North America with the share about 25% and 20%. In terms of product, Current Transformer is the largest segment, with a share over 50%. And in terms of application, the largest application is Commercial Use, with a share over 90%.
We surveyed the Optical Instrument Transformer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Optical Instrument Transformer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Optical Instrument Transformer Market Segment Percentages, by Type, 2022 (%)
Current Transformer
Voltage Transformer
Others
Global Optical Instrument Transformer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Optical Instrument Transformer Market Segment Percentages, by Application, 2022 (%)
Commercial Use
Scientific Research
Global Optical Instrument Transformer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Optical Instrument Transformer Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Optical Instrument Transformer revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Optical Instrument Transformer revenues share in global market, 2022 (%)
Key companies Optical Instrument Transformer sales in global market, 2018-2023 (Estimated), (Units)
Key companies Optical Instrument Transformer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Hitachi Energy
GE
Arteche
RITZ Instrument Transformers
JSC PROFOTECH
NR Electric Co
Guodian Nanjing Automation
Outline of Major Chapters:
Chapter 1: Introduces the definition of Optical Instrument Transformer, market overview.
Chapter 2: Global Optical Instrument Transformer market size in revenue and volume.
Chapter 3: Detailed analysis of Optical Instrument Transformer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Optical Instrument Transformer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Optical Instrument Transformer capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
