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Asia Pacific Current Transformer Market Share
ABB holds a significant presence in the Asia Pacific current transformer industry, offering a wide range of electrical equipment, including both standard and customized designs. Leveraging its strong position in the electrical industry, ABB delivers specialized bushing solutions designed to cater to a variety of application requirements.
Asia Pacific Current Transformer Market Companies
Some of the major key players operating across the Asia Pacific current transformer industry are:
- ABB
- Amran
- Arteche
- CG Power
- Circutor
- Eaton
- General Electric
- Hammond
- Hitachi
- Littelfuse
- Nissin Electric
- Reco Transformers
- Schneider Electric
- Siemens
What is the growth rate of the power distribution segment in the Asia Pacific current transformer market?
The power distribution segment is forecasted to grow at a CAGR of over 5.8% through 2034, supported by technological advancements and the need for efficient power distribution systems.
Who are the major players in the Asia Pacific current transformer market?
Key players include ABB, Amran, Arteche, CG Power, Circutor, Eaton, General Electric, Hammond, Hitachi, Littelfuse, Nissin Electric, Reco Transformers, Schneider Electric, and Siemens.
How big is the Asia Pacific current transformer market?
The Asia Pacific market for current transformer was reached USD 937.9 million in 2024 and is projected to grow at a 6.6% CAGR from 2025 to 2034, driven by rising energy demand and rapid industrialization.
Why is the dry-type current transformer segment growing?
The dry-type current transformer segment is expected to surpass USD 380 million by 2034, as industries and utilities increasingly adopt sustainable and reliable alternatives to oil-immersed transformers.