Home > Energy & Power > Electrical Equipment > Current Transducer > Utility Scale Current Transducer Market

Utility Scale Current Transducer Market Share

Report ID: GMI11520
Published Date: Sep 2024
Report Format: PDF

Download Free Sample

Utility Scale Current Transducer Market Share

Utility Scale Current Transducer Market Company Share Analysis, 2023

ABB maintains a prominent position in the utility-scale current transducer market, recognized for its vast experience in producing a wide array of current transducers. Their product lineup features both conventional transducer models and numerous customized versions, along with complementary products. Leveraging a strong legacy in the electrical equipment sector, ABB has continuously delivered specialized current transducer solutions, tailored to address the specific demands of various applications.

Utility Scale Current Transducer Market Companies

Some of the key market players operating across the industry are:

ABB
Howard Butler
Johnson Controls
NK Technologies
Phoenix Contact
Siemens
Texas Instruments
Topstek

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The utility scale current transducer industry size was USD 195.2 million in 2023 and is envisioned to grow at a 4.6% CAGR up to 2032 led by the push for grid modernization and smart grid development.

The closed loop technology segment in the utility scale current transducer is anticipated to surpass USD 167.7 million by 2032 led by the need for precision, safety, and efficiency in large energy systems.

U.S. market is set to surpass USD 22.93 million by 2032 led by the need for providing real-time current flow data to help utilities enhance system efficiency and reduce blackouts.

ABB, Howard Butler, Johnson Controls, NK Technologies, Phoenix Contact, Siemens, Texas Instruments, and Topstek.