Notable companies operating in the oil immersed current transformer market include :
ABB
General Electric
Automatic Electric Ltd.
Hitachi Energy Ltd.
NISSIN ELECTRIC Co.,Ltd.
Instrument Transformers LTD.
Guangdong Sihui Instrument Transformer Works Co., Ltd
Siemens Energy
CG Power & Industrial Solutions Ltd.
ARTECHE
Amran Inc
Peak Demand Inc.
Wenzhou Unisun Electric Co., Ltd.
Dalian Huayi Electric Power Electric Appliances Co.,Ltd
Samata Electricals Pvt .Ltd.
Macroplast.
Authors:
Ankit Gupta, Vishal Saini
Frequently Asked Questions (FAQ) :
The market size for oil immersed current transformer reached USD 1.6 billion in 2023 and is estimated to cross USD 2.9 billion by 2032, propelled by rapid urbanization, population growth, and industrialization worldwide.
The ? 33 kV voltage rating segment recorded around 90% of the oil immersed current transformer market share in 2022 and is anticipated to observe over 6% CAGR from 2032 to 2032, owing to the rising global demand for electricity.
Asia Pacific oil immersed current transformer market size exceed USD 1.4 billion by 2032, driven by the growing demand for efficient transmission & distribution (T&D) systems.
ABB, General Electric, Automatic Electric Ltd., Hitachi Energy Ltd., NISSIN ELECTRIC Co.,Ltd., Instrument Transformers LTD., Siemens Energy, and CG Power & Industrial Solutions Ltd. are some of the major industry players.