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HV instrument transformer is designed to transform high current and high voltage levels down to low current and low voltage outputs in a known and accurate proportion specified by the product nameplate ratios.
According to our (Global Info Research) latest study, the global HV Instrument Transformer market size was valued at USD 3556.5 million in 2022 and is forecast to a readjusted size of USD 4392.6 million by 2029 with a CAGR of 3.1% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
As for the global HV instrument transformer industry, the industry structure is relatively stable. The most of market share in revenue is grasped by the top three manufacturers, Siemens, ABB and GE, which closes to 50 per cent totally. The Germany giant Siemens, which has 24% market share, is the leader in the HV instrument transformer industry. The manufacturers following Siemens are ABB and GE, which respectively has 14% and 11% market share globally. The DYH is the leader of China HV instrument transformer industry. Europe is the largest consumption place, with a consumption market share nearly 30%. Following Europe, China is the second largest consumption place with the consumption market share of 25%.
This report is a detailed and comprehensive analysis for global HV Instrument Transformer market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global HV Instrument Transformer market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global HV Instrument Transformer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global HV Instrument Transformer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2018-2029
Global HV Instrument Transformer market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for HV Instrument Transformer
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global HV Instrument Transformer market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, GE, Arteche and Koncar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
HV Instrument Transformer market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Current Transformer
- Voltage Transformer
- Others
Market segment by Application
- Electrical Power and Distribution
- Metallurgy & Petrochemical
- Construction
- Others
Major players covered
- Siemens
- ABB
- GE
- Arteche
- Koncar
- Pfiffner
- Indian Transformers
- Emek
- DYH
- Dalian Beifang
- TBEA
- XD Group
- Shandong Taikai
- Sieyuan
- Hengyang Nanfang
- Shenyang Instrument Transformer
- Zhejiang Horizon
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe HV Instrument Transformer product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of HV Instrument Transformer, with price, sales, revenue and global market share of HV Instrument Transformer from 2018 to 2023.
Chapter 3, the HV Instrument Transformer competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the HV Instrument Transformer breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and HV Instrument Transformer market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of HV Instrument Transformer.
Chapter 14 and 15, to describe HV Instrument Transformer sales channel, distributors, customers, research findings and conclusion.