Optical Instrument Transformer Market

Optical instrument transformers have the advantages of compact structure, small size, anti-electromagnetic interference, non-saturation and easy digital signal transmission, which are in line with the development trend.

Optical instrument transformer can be defined as a new type of transformer that uses photoelectric technology and optical fiber sensing technology to achieve voltage and current measurement in power systems.

Optical Instrument Transformer Market contains market size and forecasts of Optical Instrument Transformer in global, including the following market information:

Global Optical Instrument Transformer Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Optical Instrument Transformer Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Optical Instrument Transformer companies in 2021 (%)

The global Optical Instrument Transformer market was valued at 141.9 million in 2021 and is projected to reach US$ 224.8 million by 2028, at a CAGR of 6.8% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Current Transformer Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Optical Instrument Transformer include Siemens, Hitachi Energy, GE, Arteche, RITZ Instrument Transformers, JSC PROFOTECH, NR Electric Co and Guodian Nanjing Automation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Optical Instrument Transformer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Optical Instrument Transformer Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Optical Instrument Transformer Market Segment Percentages, by Type, 2021 (%)

Current Transformer

Voltage Transformer

Others

Global Optical Instrument Transformer Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Optical Instrument Transformer Market Segment Percentages, by Application, 2021 (%)

Commercial Use

Scientific Research

Global Optical Instrument Transformer Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Optical Instrument Transformer Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Optical Instrument Transformer revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Optical Instrument Transformer revenues share in global market, 2021 (%)

Key companies Optical Instrument Transformer sales in global market, 2017-2022 (Estimated), (Units)

Key companies Optical Instrument Transformer sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Siemens

Hitachi Energy

GE

Arteche

RITZ Instrument Transformers

JSC PROFOTECH

NR Electric Co

Guodian Nanjing Automation