According to our (Global Info Research) latest study, the global Real-time Transformer Monitoring Solutions market size was valued at US$ 503 million in 2024 and is forecast to a readjusted size of USD 947 million by 2031 with a CAGR of 9.6% during review period.
A Power Transformer Monitor (PTM) is a specialized electrical utility device equipped with sensors that collect, process, and measure information relative to the current flowing through a distribution or power transformer.
According to the National Bureau of Statistics, in 2022, China"s power generation was 8.8 trillion kWh, with a year-on-year increase of 3.7%. And the top three power generation methods were thermal power, hydropower and wind power. The per capita electricity consumption of residents was 947 kW. In 2022, China"s installed power generation capacity were about 2.56 billion kilowatts, with a year-on-year increase of 7.8%. The utilization hours of power generation equipment in power plants of 6,000 kilowatts and above in the country were 3,687 hours, with a decrease of 125 hours over the same period of the previous year. The investment in power supply engineering construction of major power generation enterprises reached 720.8 billion yuan, with a year-on-year increase of 22.8%. The investment in power grid engineering construction reached 501.2 billion yuan, with a year-on-year increase of 2.0%. According to data released by the International Energy Agency, the global economy gradually recovered in 2022. With the influence of the rising energy prices, the global electricity demand in 2022 was 26,776 billion kWh, which increased 1.9% year-on-year. The generating capacity was 28,642 billion kWh, with the increase of 1.8% year-on-year. Among them, the United States generated 42.4 billion kWh of electricity in 2022, and Japan"s total electricity consumption was 989.2 billion kWh, with the 7782 kWh per capita.
This report is a detailed and comprehensive analysis for global Real-time Transformer Monitoring Solutions market. Both quantitative and qualitative analyses are presented by company, 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 2025, are provided.
Key Features:
Global Real-time Transformer Monitoring Solutions market size and forecasts, in consumption value ($ Million), 2020-2031
Global Real-time Transformer Monitoring Solutions market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Real-time Transformer Monitoring Solutions market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Real-time Transformer Monitoring Solutions market shares of main players, in revenue ($ Million), 2020-2025
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 Real-time Transformer Monitoring Solutions
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 Real-time Transformer Monitoring Solutions market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GE, Hitachi Energy, ABB Group, Siemens, Eaton, Doble Engineering, Mitsubishi, Weidmann, Qualitrol, Koncar, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Real-time Transformer Monitoring Solutions market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Remote Monitoring
On-site Monitoring
Market segment by Application
Distribution Transformer
Transmission Transformer
Market segment by players, this report covers
GE
Hitachi Energy
ABB Group
Siemens
Eaton
Doble Engineering
Mitsubishi
Weidmann
Qualitrol
Koncar
Reinhausen
Trackster
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Real-time Transformer Monitoring Solutions product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Real-time Transformer Monitoring Solutions, with revenue, gross margin, and global market share of Real-time Transformer Monitoring Solutions from 2020 to 2025.
Chapter 3, the Real-time Transformer Monitoring Solutions competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Real-time Transformer Monitoring Solutions market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Real-time Transformer Monitoring Solutions.
Chapter 13, to describe Real-time Transformer Monitoring Solutions research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook