Global Transformer Monitoring Solutions Market 2019 Growth, Forecast and Analysis

Transformer monitoring solutions monitor and diagnose the health of a transformer. A monitoring solution helps end-users to detect and identify any failure in transformers before it becomes evident, thereby reducing the costs involved in repair. A transformer monitoring solution is an integration of sensors, data management and analysis, and software applications. It collects data from sensors and turn them into meaningful information, based on which required action can be taken. The Utilities, Industrial, and Commercial sectors are the major end-users of transformer monitoring solutions.

The analysts forecast Global Transformer Monitoring Solutions market to grow at a CAGR of 46.09 percent over the period 2014-2019.

Covered in this Report

The report, Global Transformer Monitoring Solutions market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. To calculate the market size and vendor share, the report considers the following:

  • Sales of transformer monitoring solutions
  • Provision of support
  • Provision of maintenance

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Key Regions

  • Americas
  • APAC
  • EMEA
  • Key Vendors
  • ABB
  • Alstom
  • GE
  • Siemens

Other Prominent Vendors

  • Advanced Power Technologies
  • BPL Global
  • Cooper Power Systems
  • Crompton Greaves
  • Dynamic Ratings
  • Eaton
  • Echelon
  • Elster Group
  • Hyosung Power & Industrial Systems Performance Group
  • Hyundai Heavy Industries
  • Mitsubishi Electric
  • Schneider Electric
  • Tebian Electric Apparatus Stock
  • XD Group

Market Driver

  • Replacement and Upgrade of Old Transformers

Market Challenge

  • Lack of Awareness of Transformer Monitoring Solutions

Market Trend

  • Rising Electricity Theft

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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