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Dry Type Current Transformer Market Share

Report ID: GMI7094
Published Date: Dec 2024
Report Format: PDF

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Dry Type Current Transformer Market Share

Dry Type Current Transformer Company Market Share Analysis, 2024

ABB, a major player in the dry type current transformer industry, offers a diverse range of electrical equipment, including both standard and customized designs. With a strong foothold in the electrical industry, ABB consistently provides tailored bushing solutions to meet various application needs.

Dry Type Current Transformer Market Companies

Some of the major key players operating across the dry type current transformer industry are:

ABB
Amran
ARTECHE
Automatic Electric
Dalian Huayi Electric Power Electric Appliances
General Electric
Guangdong Sihui Instrument Transformer Works
Hitachi Energy
Instrument Transformers
Macroplast
Peak Demand
Siemens Energy
TWB
Wenzhou Unisun Electric

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market for dry type current transformer was reached USD 558.8 million in 2024 and is projected to grow at a 7.7% CAGR from 2025 to 2034, driven by rising demand for energy-efficient solutions and advancements in grid infrastructure.

The wound-type current transformer market is expected to exceed USD 476.4 million by 2034, as these transformers offer high accuracy and efficiency, making them ideal for high-voltage applications like substations and power transmission systems.

What is the growth outlook for the power distribution segment in the dry type current transformer market?

The U.S. dry type current transformer market is set to cross USD 92.5 million by 2034, supported by increasing demand for safe, eco-friendly power distribution solutions and a focus on renewable energy integration and grid modernization.

Key players in the industry include ABB, Amran, ARTECHE, Automatic Electric, Dalian Huayi Electric Power Electric Appliances, General Electric, Guangdong Sihui Instrument Transformer Works, Hitachi Energy, Instrument Transformers, Macroplast, Peak Demand, Siemens Energy, TWB, and Wenzhou Unisun Electric.