According to a market report by Lucintel, the future of the global electronic current transformer market looks promising with opportunities in the distribution station and electrical equipment markets. The global electronic current transformer market is expected to grow with a CAGR of 6.1% from 2025 to 2031. The major drivers for this market are increase in smart grid deployments, rising demand for renewable energy, and growing focus on energy efficiency.
A more
than 150-page report to understand trends, opportunity and forecast in global electronic
current transformer market to 2031 by type (optical current transformer, air
core coil current transformer, and iron core coil type low power current
transformer), application (distribution station, electrical equipment, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that, within the type category, iron core coil type low power current
transformer is expected to witness the highest growth over the forecast period
due to its cost-effectiveness in low power applications.
Within the
application category, distribution station is expected to witness higher
growth.
Download
sample by clicking on electronic
current transformer market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period due to rising demand for advanced electrical measurement tools.
TE
Connectivity, Schneider Electric, Littelfuse, Arteche Group, Acme Electric
Corporation, Socomec, Premo, Fanox Electronic, FRER, ZIEHL Industrie-elektronik
are the major suppliers in the electronic
current transformer market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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