Transformer Monitoring System Market to Surpass US$ 4.0 billion by 2024

New York, February 01, 2019: Transformer monitoring systems could be utilized to screen and analyse the health of transformers and these systems help the end clients to recognize and distinguish disappointments in transformers that is relied upon to decrease the fixing costs. Expanding energy request from developing countries and growing incidences of power outages in developed and developing nations is relied upon to increase the interest for transformer monitoring systems over the globe.

The Transformer Monitoring System Market is segmented on the lines of its technology, component, vehicle type and regional. Based on Product segmentation it includes DGA devices, Bushing monitoring, Temperature via fiber optic, Monitoring integrators and Others. On the basis of application it covers Power Generation Transformer, Transmission and Distributor Transformer and others. The Transformer Monitoring System Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

The Transformer Monitoring System Market is expected to exceed more than US$ 4.0 billion by 2024 at a CAGR of 12.77%.

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Report scope:

The scope of the report includes a detailed study of Transformer Monitoring System Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Siemens, Eaton, Alstom, Weidmann, ABB, GE, Schneider Electric, Mitsubishi, Koncar, Schweitzer Engineering Laboratories and LGOM. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

The major driving factors of Transformer Monitoring System Market are as follows:

Rising investments in renewables
Smart grid initiatives
Digitalization of power utilities
The major restraining factors of Transformer Monitoring System Market are as follows:

High investment cost for installation
High maintenance cost so as to ensure smooth functioning
The major opportunities of Transformer Monitoring System Market are as follows:

Growing consumer awareness towards environmental security will encourage product adoption
Offshore wind farms
Growth of big data analytics
This report provides:

1) An overview of the global market for Transformer Monitoring System Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Transformer Monitoring System Market

4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

The Transformer Monitoring System Market has been segmented as below:

The Transformer Monitoring System Market is segmented on the lines of Product, Application and Region.

By Product this market is segmented on the basis of DGA devices, Bushing monitoring, Temperature via fiber optic, Monitoring integrators and Others. By Application this market is segmented on the basis of Power Generation Transformer, Transmission & Distributor Transformer and Others. By Region this market is segmented on the basis of North America, Europe, Asia Pacific and Rest of World.

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Transformer Monitoring System Market.

2) Identify growth segments and opportunities in the industry.

3) Facilitate decision making on the basis of strong historic and forecast of Transformer Monitoring System Market.

4) Assess your competitor’s refining portfolio and its evolution.

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Table of Contents:

1.  Introduction

1.1    Report Description
1.2    Markets Covered
1.3    Stakeholders

2.  Research Methodology

3.  Report Summary

4.  Market Overview

4.1    Introduction
4.2    Drivers
4.3    Restrains
4.4    Industry Trends
4.5    Porter’s Five Forces Analysis

5.  Transformer Monitoring System Market Analysis, By Product

6.  Transformer Monitoring System Market Analysis, By Application

7.  Transformer Monitoring System Market Analysis, By Region

8.      Competitive Overview

9.    Company Profiles
9.1.    ABB
9.2.    GE
9.3.    Siemens
9.4.    Eaton
9.5.    Alstom
9.6.    Weidmann
9.7.    Schneider Electric
9.8.    Mitsubishi
9.9.    Koncar
9.10.  Schweitzer Engineering Laboratories
9.11.   LGOM

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Solid Oxide Fuel Cell (SOFC) Market to Cross US$ 1.2 billion by 2024

Power Management System Market to Cross US$ 5.70 billion by 2024

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