Global Transformer Monitoring Devices Market Growth 2025-2031

The global Transformer Monitoring Devices market size is predicted to grow from US$ 2290 million in 2025 to US$ 3404 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Transformer Monitoring Devices are specialized electronic systems used to continuously observe, measure, and analyze the operational conditions of power transformers. These devices track parameters such as temperature, load, oil level, dissolved gases, moisture, and partial discharge, allowing utilities to assess transformer health in real time, predict failures, and schedule preventive maintenance. They enhance grid reliability, extend transformer life, and reduce the risk of unplanned outages.

United States market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Transformer Monitoring Devices players cover GE, Hitachi Energy, Siemens, Eaton, Doble Engineering Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Transformer Monitoring Devices Industry Forecast” looks at past sales and reviews total world Transformer Monitoring Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Transformer Monitoring Devices sales for 2025 through 2031. With Transformer Monitoring Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transformer Monitoring Devices industry.

This Insight Report provides a comprehensive analysis of the global Transformer Monitoring Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transformer Monitoring Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transformer Monitoring Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transformer Monitoring Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transformer Monitoring Devices.

This report presents a comprehensive overview, market shares, and growth opportunities of Transformer Monitoring Devices market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DGA Devices
Partial Discharge (PD)
Bushing Monitoring
Others

Segmentation by Application:
Power Transformers
Distribution Transformers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM

Key Questions Addressed in this Report

What is the 10-year outlook for the global Transformer Monitoring Devices market?

What factors are driving Transformer Monitoring Devices market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Transformer Monitoring Devices market opportunities vary by end market size?

How does Transformer Monitoring Devices break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.