Global Optical Current Transformer Market Growth 2022-2028

SKU ID : LPI-20557548 | Publishing Date : 23-Mar-2022

As the global economy mends, the 2021 growth of Optical Current Transformer will have significant change from previous year. According to our researcher latest study, the global Optical Current Transformer market size is USD million in 2022 from USD million in 2021, with a change of % between 2021 and 2022. The global Optical Current Transformer market size will reach USD million in 2028, growing at a CAGR of % over the analysis period.

The United States Optical Current Transformer market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Optical Current Transformer market, reaching US$ million by the year 2028. As for the Europe Optical Current Transformer landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 6-year period.

Global main Optical Current Transformer players cover Siemens, ABB, GE, and Arteche, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.

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

Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6

Magneto Optical Current Transformer (MOCT)

Fiber Optical Current Transformer (FOCT)

Electronic Fiber Optical Current Transformer (EFOCT)

Flexible Electronic Fiber Optical Current Transformer (FEFOCT)

Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.

Electrical High Voltage (EHV) Substation

Network Applications

Power System and Instrumentation

Transformer

Transmission Line

Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

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 report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include

Siemens

ABB

GE

Arteche

Pfiffner

RITZ

Emek

Indian Transformers

Koncar

DYH

Dalian Beifang

Trench Group

Profotech

Daelim belefic

NR Electric

KA Factor Group

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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