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AC Voltage Transducer Market Share

Report ID: GMI7240
Published Date: Oct 2023
Report Format: PDF

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AC Voltage Transducer Market Share

ABB commands a substantial share in the AC voltage transducer industry, distinguished for its extensive experience in engineering and producing diverse transducer technologies, encompassing AC, DC, among others. With a rich history deeply rooted in the power equipment and monitoring sector, the company has delivered transducer solutions across a broad spectrum of applications, spanning railways, industrial machinery, and others.

Some of the key market players operating across the AC voltage transducer industry are:

ABB
Siemens
Schneider Electric
Phoenix Contact
Analog Devices, Inc.
CR Magnetics, Inc.
NK Technologies
LEM International SA
Socomec
Carlo Gavazzi

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of AC voltage transducer was reached USD 996.2 million in 2023 and will witness 6.6% CAGR from 2024 to 2032, due to the heightened emphasis on energy efficiency and conservation along with the rising need for precise and dependable voltage measurement and monitoring.

AC voltage transducer market size from the industrial machinery application segment is set to observe 6.1% CAGR through 2032, owing to the surging requirement for enhancing operational efficiency, predictive maintenance, and the optimization of industrial processes.

Asia Pacific held over 40.6% of the AC voltage transducer industry share in 2022, owing to the presence of strong infrastructure development and industrialization activities in India and China.

Some of the leading AC voltage transducer companies are ABB, Siemens, Schneider Electric, Phoenix Contact, Analog Devices, Inc., CR Magnetics, Inc., NK Technologies, LEM International SA, Socomec, and Carlo Gavazzi.