Notable companies operating in the Asia Pacific current transformer market include
Eaton Corporation
Siemens Energy
Hitachi Energy Ltd.
Amran Inc
NISSIN ELECTRIC Co.,Ltd.
ARTECHE
Circutor
Littelfuse, Inc.
ABB
General Electric
Schneider Electric
CG Power & Industrial Solutions Ltd.
RECO Transformers Pvt. Ltd.
Hammond Manufacturing Ltd.
Authors:
Ankit Gupta, Vishal Saini
Frequently Asked Questions (FAQ) :
The market size of current transformer in APAC was reached USD 1 billion in 2023 and is estimated to cross USD 1.8 billion by 2032, due to rapid industrialization and urbanization along with the propelling demand for efficient energy management and power distribution solutions across the region.
Asia Pacific current transformer market size from the ? 33 kV voltage rating segment is projected to witness over 6% CAGR from 2023 to 2032, driven by the burgeoning industrial and commercial sectors on a global scale.
China current transformer industry size is anticipated to exceed USD 640 million by 2032, owing to rapid urbanization, industrialization, and infrastructural expansion.
Some of the leading current transformer providers in Asia Pacific include Eaton Corporation, Siemens Energy, Hitachi Energy Ltd., Amran Inc, NISSIN ELECTRIC Co.,Ltd., ARTECHE, Circutor, Littelfuse, Inc., ABB, General Electric, Schneider Electric, and CG Power & Industrial Solutions Ltd.