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DC Voltage Transducer Market Share

Report ID: GMI7847
Published Date: Jan 2024
Report Format: PDF

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DC Voltage Transducer Market Share

ABB holds a significant portion of the DC voltage transducer industry, renowned for its extensive expertise in engineering and manufacturing various transducer technologies, covering DC and more. With a robust legacy in power equipment and monitoring, the company has provided transducer solutions across diverse applications, including railways, industrial machinery, and beyond.

DC Voltage Transducer Market Companies

Some of the key market players operating across the DC 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, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of DC voltage transducer was worth over USD 209 million in 2023 and is projected to grow at a CAGR of over 7.5% through 2032, owing to the increasing demand for accurate and reliable measurement and monitoring of DC voltage across various industries.

The industrial machinery segment to exhibit around 6% CAGR till 2032, as the Industrial Internet of Things (IIoT) has transformed the way industrial machinery and voltage transducers collaborate, enabling seamless connectivity and data exchange.

Asia Pacific region dominated 40% share of the DC voltage transducer market in 2023, attributed to robust infrastructure growth and industrialization in nations like India and China.

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