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The wound type current transformer industry is currently experiencing significant shifts driven by technological advancements, particularly the integration of smart features. There's a noticeable emphasis on enhancing accuracy, reliability, and efficiency in power measurement and monitoring systems, leading manufacturers to develop wound type current transformers with higher precision and improved insulation capabilities. The rising demand for renewable energy sources and the expansion of smart grid infrastructure are fueling the adoption of these transformers across various utility and industrial applications. There's a clear surge in demand for smaller, more compact designs without compromising performance, reflecting the industry's push towards miniaturization and space optimization.