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Transformer Monitoring System Market by Type (Hardware Solutions and IT Solutions), Application (Distribution Transformers, and Power Transformers), Service (Oil/Gas Monitoring, and Bushing Monitoring), and Region - Global Forecast to 2021

Transformer Monitoring System Market by Type (Hardware Solutions and IT Solutions), Application (Distribution Transformers, and Power Transformers), Service (Oil/Gas Monitoring, and Bushing Monitoring), and Region - Global Forecast to 2021

“The transformer monitoring system market is projected to grow at a CAGR of 12.77% from 2016 to 2021”
The transformer monitoring system market is projected to reach USD 2.68 billion by 2021, growing at a CAGR of 12.77% from 2016 to 2021. The usage of transformer monitoring systems is based on different working conditions, such as power ratings, loading conditions, and areas of applications. Digitalization of utilities, renewable investments, and smart grid initiatives are expected to drive the transformer monitoring system market. Cost barriers is a restraint for established transformer monitoring system manufacturers.

“The power transformer segment is expected to grow at the fastest CAGR from 2016 to 2021”
Power transformer is the largest segment, based on application, of the transformer monitoring system market. This share is attributed to government regulations targeting the monitoring and control of transmission networks. Remote monitoring is also a key focus area in most countries, which is driving the market.

“Asia-Pacific: The largest market for transformer monitoring system”
In this report, the transformer monitoring system market has been analyzed with respect to six regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. Asia-Pacific is expected to be the largest market for transformer monitoring solutions; the region has the most number of developing economies with high capacity addition planned during the forecast period. Utilities are expected to adopt monitoring solutions as a part of their plans for installing new transformers. Moreover, countries such as India and China have invested highly in smart grids, in turn boosting the demand for transformer monitoring solutions.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 35%, Tier 2- 45%, Tier 3- 20%
By Designation: C-Level- 35%, D-Level- 25%, Others- 40%
By Region: North America- 30%, Europe- 10%, Asia-Pacific- 20%, Middle East- 35%, Rest of the World- 5%
Note: The tier of the companies has been defined on the basis of their total revenue, as of 2015: Tier 1 = >USD 20 billion, Tier 2 = From USD 10 billion to USD 20 billion, and Tier 3 = <USD 10 billion
The leading players in the transformer monitoring system market include ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), General Electric (U.S.), Schneider Electric (France), and Siemens AG (Germany).

Research Coverage:
The report provides a picture on transformer monitoring system across different industry verticals and regions. It aims at estimating the market size and future growth potential of this market across different segments such as type, application, service, and region. Furthermore, the report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, SWOT analysis, recent developments, and key market strategies.
Why buy this report?
1. The report identifies and addresses key markets for transformer monitoring system market, which is useful for suppliers to review the growth in demand for the product.
2. The report helps solution providers to understand the pulse of the market and provides insights on drivers, restraints, and challenges.
3. The report will help key players to better understand the competition’s strategies and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • HISTORICAL BACKDROP
    • CURRENT SCENARIO
    • FUTURE OUTLOOK
    • CONCLUSION
  • PREMIUM INSIGHTS
    • TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE
    • TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION
    • ASIA-PACIFIC: THE LARGEST MARKET DURING THE FORECAST PERIOD
    • TRANSFORMER MONITORING SYSTEM, BY SERVICE
    • LIFE CYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • TRANSFORMER MONITORING SYSTEM: MARKET SEGMENTATION
    • MARKET DYNAMICS
      • DRIVERS
        • Table TOP SMART GRID MARKET, 2015
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • SUPPLY CHAIN ANALYSIS
  • TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table GLOBAL TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • POWER TRANSFORMERS
      • Table POWER TRANSFORMER: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • DISTRIBUTION TRANSFORMERS
      • Table DISTRIBUTION TRANSFORMERS: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE
    • INTRODUCTION
      • Table GLOBAL TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
    • HARDWARE SOLUTIONS
      • Table HARDWARE SOLUTIONS: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • IT SOLUTIONS
      • Table IT SOLUTIONS: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICE
    • INTRODUCTION
      • Table GLOBAL TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
    • OIL/GAS MONITORING
      • Table OIL/GAS MONITORING: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • BUSHING MONITORING
      • Table BUSHING MONITORING: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • TRANSFORMER MONITORING SYSTEM MARKET, BY REGION
    • INTRODUCTION
      • Table TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • BY TYPE
        • Table ASIA-PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table ASIA-PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table ASIA-PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table ASIA-PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table CHINA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table JAPAN: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table INDIA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table SOUTH KOREA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table AUSTRALIA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF ASIA-PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • BY TYPE
        • Table NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.S.: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table CANADA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table MEXICO: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • EUROPE
      • BY TYPE
        • Table EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table U.K.: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table GERMANY: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table FRANCE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table RUSSIA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table ITALY: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • MIDDLE EAST
      • BY TYPE
        • Table MIDDLE EAST: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table MIDDLE EAST: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table SAUDI ARABIA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table UAE: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table IRAN: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table QATAR: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF THE MIDDLE EAST: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • SOUTH AMERICA
      • BY TYPE
        • Table SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table BRAZIL: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table ARGENTINA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table VENEZUELA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
    • AFRICA
      • BY TYPE
        • Table AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
      • BY APPLICATION
        • Table AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
      • BY SERVICE
        • Table AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • BY COUNTRY
        • Table AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table SOUTH AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table ALGERIA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
        • Table REST OF AFRICA: TRANSFORMER MONITORING SYSTEM MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATION & TRENDS
      • EXPANSIONS & INVESTMENTS
        • Table EXPANSIONS & INVESTMENTS, 2011-2016
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS, 2011-2016
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2011-2016
      • CONTRACTS & AGREEMENTS
        • Table CONTRACTS & AGREEMENTS, 2011-2016
      • JOINT VENTURES & COLLABORATIONS
        • Table JOINT VENTURES & COLLABORATIONS, 2011-2016
  • COMPANY PROFILE
    • INTRODUCTION
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2011-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • EATON CORPORATION PLC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2011-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • GENERAL ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2011-2015
      • SWOT ANALYSIS
      • MNM VIEW
    • SCHNEIDER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2012-2016
      • SWOT ANALYSIS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2011-2015
    • KIRLOSKAR ELECTRIC COMPANY LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MITSUBISHI CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2011-2015
    • HZ ELECTRIC, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • KJ DYNATECH, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • NINGBO LIGONG ONLINE MONITORING TECHNOLOGY CO., LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • S&C ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SCHWEITZER ENGINEERING LABORATORIES, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • DEVELOPMENTS, 2015
    • SHANGHAI KAI PEOPLE ELECTRIC CO., LTD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • WILSON TRANSFORMER COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • RELATED REPORTS
    • AUTHOR DETAILS

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