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Oil Immersed Current Transformer Market Share

Report ID: GMI6271
Published Date: Dec 2024
Report Format: PDF

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Oil Immersed Current Transformer Market Share

Oil Immersed Current Transformer Company Market Share Analysis, 2024

General Electric (GE) is one of the largest multinational conglomerates in the world, with a strong presence in the energy sector, including the design and manufacturing of transformers. GE’s expertise spans across a wide range of industries, from power generation to renewable energy, transportation, healthcare, and more. Within the energy sector, GE has a long history of producing high-quality transformers, including oil immersed current transformers, which are used in various industrial, commercial, and utility applications.

Oil Immersed Current Transformer Market Companies

Some of the key market players operating across the oil immersed current transformer industry are:

ABB
Amran
ARTECHE
Automatic Electric
CG Power and Industrial Solutions
Dalian Huayi Electric Power Electric Appliances
General Electric
Guangdong Sihui Instrument Transformer Works
Hitachi Energy
Instrument Transformers
Macroplast
NISSIN ELECTRIC
Peak Demand
Samata Electricals
Siemens Energy
Wenzhou Unisun Electric

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of oil-immersed current transformer reached USD 1.8 billion in 2024 and is set to grow at a 6.3% CAGR from 2025 to 2034, driven by the increasing demand for reliable and efficient power systems.

The power distribution segment is anticipated to grow at a CAGR of over 5.4% through 2034, driven by rising global energy consumption and the need for reliable power distribution systems in emerging economies.

The U.S. market is forecasted to surpass USD 278 million by 2034, fueled by grid modernization, smart grid technology adoption, and environmental regulatory pressures.

Key players in the market include ABB, Amran, ARTECHE, Automatic Electric, CG Power and Industrial Solutions, Dalian Huayi Electric Power Electric Appliances, General Electric, Guangdong Sihui Instrument Transformer Works, Hitachi Energy, Instrument