Utility Scale Open Loop Current Transducer Market Trends

Utility Scale Open Loop Current Transducer Market Trends

Open-loop current transducers are popular in utility-scale applications due to their lower cost compared to closed-loop types. Despite slightly lower accuracy, their affordability and simplicity suit large-scale projects with tight budgets. Utilities often use these transducers for non-critical monitoring in distribution substations and renewable energy plants, where cost-efficiency is key. Power grid expansion in developing regions is boosting the open-loop current transducer market. As countries upgrade their grids to meet rising electricity needs, reliable current sensing becomes crucial. These transducers play a vital role in high and medium-voltage lines and substations, monitoring current, detecting faults, and maintaining system stability.