Growth in Power Consumption Expected to Drive Global Instrument Transformer Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit An instrument transformers is an electrical device, used to transform or isolate current and voltage levels with high accuracy. In is used in alternate current (AC) systems for measurement of electrical parameters for instance current, power factor, voltage, energy, and frequency. It is also used for protection of power system using combination of protective relays. Its primary function is to lower the AC system’s voltage and current. The key advantages are included reducing cost of measuring instruments, standardization of measuring instruments, easy replacement, assuring safety of operators, reducing electrical insulation requirements for measuring instruments, consumption of less power and provides multiple connections through a single transformer to power system. According to study, “Global Instrument Transformer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global instrument transformer market are ABB Ltd., Arteche, GE, Instrument Transformer Equipment, Mitsubishi Electric, Pfiffner Instrument Transformers, Schneider Electric, Ritz Instrument Transformers, Siemens AG, Indian Transformers Company, BHEL, Konèar-Instrument Transformers, CG Power, EMEK, Nissin Electric. Based on type, instrument transformer market is segmented into potential transformers, current transformers and combined instrument transformers. Potential transformers include capacitive potential transformers and inductive potential transformers. Current transformers include closed and wound. Based on winding, market is segmented into auto-transfer and two-winding. Based on cooling type, market is segmented into oil immersed and dry type. Oil immersed segment includes water cooled, self-cooled and forced cool. Dry type includes air blast and self-air. Based on phase type, market is segmented into single phase and three phase. Based on dielectric medium, market is segmented into SF6 gas dielectric instrument transformers, liquid dielectric instrument transformers and soli dielectric instrument transformers. Based on voltage, market is segmented into high voltage transmission, extra high voltage transmission, ultra-high voltage transmission, sub-transmission voltage and distribution voltage. Based on enclosure type, market is segmented into outdoor instrument transformers and indoor instrument transformers. Outdoor instrument transformers segment holds major share in market owing to growth in demand for long-distance power transmission in developing nations. Based on application, market is segmented into relaying, transformers & circuit breaker bushing, metering & protection and switchgear assemblies. In addition, based on end-user, market is segmented into railways & metros, power generation, power utilities, industries & OEMs and others. Power utilities are further sub-segmented into power distribution utilities and power transmission utilities. Additionally, industries & OEMs are further sub-segmented into cement, oil & gas, iron & steel, automobiles, chemicals and industrial machinery. The instrument transformer market is driven by growth in investments in smart grids & energy systems, followed by refurbishment of the aging power infrastructure and rise in alternative energy programs. However, delays in grid expansion projects and rise in competition from the unorganized sector may impact the market. Moreover, growth in investments in the transmission & distribution infrastructure, rise in adoption of the high voltage direct current (HVDC) technology for long distance transmission and expand in cross-border electricity trade are key opportunities for market. Based on geography, the Asian-Pacific region dominates the instrument transformer market owing to rise in government initiatives to upsurge power generation capacity using renewable energy sources, increase in power consumption, and growth in replacement of aging power plants in the region. Whereas, the European and North-American regions are expected to exhibit considerable growth rate due to rise in industrial growth, growth in production of electricity and increase in aging infrastructure, over the forecast period. In near future, it is projected that the global market will be reached at faster pace on account of supportive regulatory concerns to strengthen grid sustainability during the forecast period. For More Information, Click on the Link Below:- Global Instrument Transformer Market Related Report:- Global Instrument Transformer Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91 9015378249 Tags: China Instrument Transformer Market, Europe Instrument Transformer Market, Extra High Voltage Transmission Market, Global Instrument Transformer Industry, Global Instrument Transformer Industry Research Report, Global Instrument Transformer Market, Global Instrument Transformer Market Analysis, Global Instrument Transformer Market Dynamics, Global Instrument Transformer Market Forecast, Global Instrument Transformer Market Growth, Global Instrument Transformer Market Manufacturers, Global Instrument Transformer Market Opportunities, Global Instrument Transformer Market Overview, Global Instrument Transformer Market Research Report, Global Instrument Transformer Market Scope, Global Instrument Transformer Market Share, Global Instrument Transformer Market Study, Global Instrument Transformer Market Trends, High Voltage Transmission Market, India Instrument Transformer Market, Instrument Transformer Market, Japan Instrument Transformer Market, Koncar Instrument Transformer Market Revenue, Meremac Instrument Transformer Market Revenue, Schneider Electric Instrument Transformer Market Share, Sub-Transmission Voltage Market, Ultra-High Voltage Transmission Market, US Instrument Transformer Market