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Industrial Voltage Transducer Market Share

Report ID: GMI11989
Published Date: Oct 2024
Report Format: PDF

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Industrial Voltage Transducer Market Share

ABB holds a significant position in the industrial voltage transducer industry, renowned for its vast expertise in engineering and manufacturing a wide range of transducer technologies, including both AC and DC types. With a longstanding presence in the power equipment and monitoring industry, ABB has provided transducer solutions for various applications, such as rail systems, industrial machinery, and more.

Industrial Voltage Transducer Market Companies

Some of the major key players operating across the industrial voltage transducer industry are:

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

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The global market for industrial voltage transducer was reached USD 294 million in 2023 and is set to grow at a CAGR of 6.9% from 2024 to 2032, driven by the rising demand for industrial automation.

The AC segment is projected to grow at a CAGR of over 6.1% through 2032, propelled by the need for precise voltage measurements in automated systems within Industry 4.0 frameworks.

The U.S. industrial voltage transducer market is anticipated to exceed USD 71.7 million by 2032, led by the adoption of advanced industrial automation across manufacturing, automotive, and aerospace sectors.

Key players in the industry include ABB, Analog Devices, Carlo Gavazzi, CR Magnetics, LEM International, NK Technologies, Phoenix Contact, Schneider Electric, Siemens, and Socomec.