Instrument Transformer Market Size, Share, Analysis and Forecasts 2016 - 2020embed
According to the report, one of the main drivers promoting growth for this market is the modernization of existing transformers.
Market Reports Center One Stop Market Reaserch Shop Global Instrument Transformer Market Size, Share, Global Insights, Analysis and Outlook, Emerging Trends and Research Report by Market Reports Center Technavio Announces the Publication of its Research Report – Global Instrument Transformer Market 2016-2020 Technavio recognizes the following companies as the key players in the global instrument transformer market: ABB, Crompton Greaves, GE, ITL, and Schneider Electric Other Prominent Vendors in the market are: China XD Group, Huayi Electric Apparatus, Jiangsu Sieyuan Hertz Instrument Transformer, Nissin Electric, and TBEA Commenting on the report, an analyst from Technavio’ s team said that the incorporation of fuses in voltage transformers is one the key trends in this market. Primary fuses are used to disconnect faulty electrical transformers from the electricity grid in the event of an internal failure in the transformer. Such failure mainly stems from voltage overloads or short circuits. These disruptions include partial short circuits in the primary winding inside the transformer and secondary short circuits. The utility of primary fuses lies in the fact that they help to provide uninterrupted electrical services to customers even when a voltage transformer fails to complete its designated functions. However, primary fuses may never need to operate since modern transformer devices are designed and constructed to exacting standards. Such devices are far more reliable than older generations of transformers. Browse full report with [email protected] https://marketreportscenter.com/reports/328678/global-instrumenttransformer-market-2016-2020 According to the report, one of the main drivers promoting growth for this market is the modernization of existing transformers. The increase in installation activities with respect to new transformers and the replacement of old transformers with new ones are impacting the growth of the global transformer Market Reports Center One Stop Market Reaserch Shop monitoring solutions market. In India, the central government is funding the states under the Accelerated Power Development and Reforms Programme (APDRP) scheme to help state electricity boards reduce losses. Further, the report states that India is highly dependent on electrical equipment imports. The growing demand for power has led to the development of large transmission and distribution projects in India. Though India has a huge scope for T&D investments, the R&D spending is less than 1% of sales compared to 6% of sales by large companies in Europe and the US. In India, 90% of the T&D equipment manufacturers belong to the small and medium enterprises (SME) sector, and are generally unable to upgrade technology and improve products. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. About Instrument Transformers Instrument transformers find application in AC systems where they are used to measure electrical quantities such as current, power, voltage, power factor, frequency, and energy. These devices are often used with protective relays incorporated into the network in the interests of protecting the electrical system. Technavio’ s analysts forecast the global instrument transformer market to grow at a CAGR of 7.81 during the period 2016-2020. Request A Sample copy of This Report @ https://marketreportscenter.com/request-sample/328678 Covered in this report The report covers the present scenario and the growth prospects of the global instrument transformer market for 2016-2020. To calculate the market size, this industry research report provides a detailed explanation of the market on the basis of power transformers and switchgears. The market is divided into the following segments based on geography: Americas APAC EMEA Technavio's report, Global Instrument Transformer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors ABB Market Reports Center One Stop Market Reaserch Shop Crompton Greaves GE ITL Schneider Electric Other prominent vendors China XD Group Huayi Electric Apparatus Jiangsu Sieyuan Hertz Instrument Transformer Nissin Electric TBEA Market driver Augmented demand for electricity from emerging economies For a full, detailed list, view our report Market challenge Distribution sector reeling under financial implications of upgrades For a full, detailed list, view our report Market trend Auxiliary current transformers For a full, detailed list, view our report Key questions answered in this report What will the market size be in 2020 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? You can request one free hour of our analyst’ s time when you purchase this market report. Details are provided within the report. To Get Discount On The Report @ https://marketreportscenter.com/request-discount/328678 Connect for more details: Sam Collins Market Reports Center 1-646-883-3044 (US) [email protected]