Global Current Transformer Market to Grow at a CAGR of 7.8% by 2021 - Driven by Enhanced Accuracy of Current Transformers at Extremely Low Current Levels - Research and Markets

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Research and Markets

11 Apr, 2017, 12:45 GMT

DUBLIN, Apr 11, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Current Transformer Market 2017-2021" report to their offering.

The global current transformers market to grow at a CAGR of 7.81% during the period 2017-2021.

The report, Global Current Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in market is enhanced accuracy of current transformers at extremely low current levels. Independent power producers (IPPs) are causing changes in the overall power flow. This, when coupled with the rising need for precise measurement even at low current levels, has generated the demand for newly designed current transformers to cater to the needs of end-users. Current transformer designers and manufacturers have been able to achieve accuracy levels that are efficient enough to perform in extremely low current situations, regardless of factors like the availability of wind turbines or the required wind speed. This helps the wind farms to generate higher revenue even when low levels of power are generated.

The designs of the contemporary current transformers have improved drastically and offer high levels of accurate and reliable performance. They have also been successful in surpassing the level of optimal performance as defined by the traditional IEEE C57.13/CSA C60044 industry standards, governing the designing, manufacturing, and testing of current transformers. Also, modern current transformers can be conveniently interfaced with the existing on-field equipment.

Key vendors

  • ABB
  • CG
  • General Electric
  • Instrument Transformers
  • Schneider Electric

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/wxqdmp/global_current

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