Market Research Report
Global Optical Instrument Transformer Market Insights and Forecast to 2027
|Global Optical Instrument Transformer Market Insights and Forecast to 2027|
Published: November 25, 2021
Content info: 101 Pages
Delivery time: 2-3 business days
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.
Global key players of Optical Instrument Transformer include Siemens, Hitachi Energy, etc. Global top 3 companies hold a share over 70%. Europe is the largest market, with a share about 50%, followed by Asia Pacific and North America with the share about 25% and 20%. In terms of product, Current Transformer is the largest segment, with a share over 50%. And in terms of application, the largest application is Commercial Use, with a share over 90%.
Market Analysis and Insights: Global Optical Instrument Transformer Market
The global Optical Instrument Transformer market is valued at US$ 132.1 million in 2020. The market size will reach US$ 208 million by the end of 2027, growing at a CAGR of 7.1% during 2021-2027.
Global Optical Instrument Transformer Scope and Segment
Optical Instrument Transformer market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Optical Instrument Transformer market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Segment by Application
Production by Region
Consumption by Region