変圧器監視市場 : 2028年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年12月

Transformer Monitoring System Market – Global Forecast To 2028

変圧器監視市場 : コンポーネント (ハードウェアソリューション、ソフトウェアソリューション)、タイプ (油浸、鋳造樹脂)、サービス (オイル監視、ブッシング監視、部分放電監視、OLTC 監視)、電圧と地域別 – 2028年までの世界予測
Transformer Monitoring Market by Component (Hardware Solutions, Software Solutions), Type (Oil-Immersed, Cast-Resin), Services (Oil Monitoring, Bushing Monitoring, Partial Discharge Monitoring, OLTC Monitoring), Voltage & Region – Global Forecast to 2028

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Report Overview

The Transformer Monitoring market is estimated to grow from USD 2.4 Billion in 2023 to USD 3.7 Billion by 2028; it is expected to record a CAGR of 9.1% during the forecast period. The Transformer Monitoring market is witnessing rapid growth due to the need for stable power supply, aging infrastructure, and the advancement of smart grid technologies are driving rising demand for transformer monitoring.

変圧器監視市場 : 2028年までの世界予測


“High & Extra High Voltage is the largest segment of the Transformer Monitoring market, by voltage”
Based on voltage, the Transformer Monitoring market has been split into three types: Low voltage, medium voltage and high & extra high voltage. The high and extra high voltage segment dominates the transformers market due to its vital role in power transmission across large distances. Rising electricity demand, grid expansion projects, and the incorporation of renewable energy sources all increase the demand for high and extra high voltage transformers. These transformers serve an important role in efficient power distribution, making them an important component in handling the changing energy landscape and maintaining reliable electrical grids.

変圧器監視市場 : 2028年までの世界予測 ecosystem


“Oil Monitoring segment is expected to emerge as the fastest-growing segment based on services”
Based on services,  the Transformer Monitoring market has been segmented into oil monitoring, bushing monitoring, partial discharge monitoring, OLTC monitoring and others. Due to its vital role as a diagnostic medium, transformer oil accounts for the greatest portion of the transformer monitoring market. Monitoring its state provides insights into the transformer’s health, allowing for preventative maintenance, minimizing downtime, and optimising performance, all of which are important elements in assuring transformer reliability and lifetime.


“North America is expected to emerge as the second-largest region based on Transformer Monitoring market”
By region, the Transformer Monitoring market has been segmented into Asia Pacific, North America, South America, Europe, and Middle East & Africa. In the region, the transformer monitoring market is expanding in North America as a result of a push for power infrastructure modernization, a concentration on energy efficiency, and rigorous environmental requirements. Monitoring solutions are in high demand due to the integration of renewable energy sources and the requirement to optimize existing transformer assets to meet changing energy demands. Furthermore, a focus on smart grid projects, as well as increased knowledge of the economic and operational benefits of real-time monitoring, contribute to the increased implementation of transformer monitoring technology in the North America region.

変圧器監視市場 : 2028年までの世界予測 region


Cast resin is expected to  be the second-fastest segment based on the type
Retrofit is expected to be the second-fastest segment in the Transformer Monitoring market between 2023–2028 due to their eco-friendly and fire-resistant properties. As environmental concerns grow and safety becomes a priority, industries opt for cast resin transformers. The need for reliable monitoring solutions to ensure their efficient performance further contributes to the increasing demand.


Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 27%, Europe- 20%, Asia Pacific- 33%, the Middle East & Africa- 12%, and South America- 8%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The Transformer Monitoring market is dominated by a few major players that have a wide regional presence. The leading players in the Transformer Monitoring market are GE (US), ABB (Switzerland), Siemens Energy AG (Germany), Schneider Electric (France), and Eaton (Ireland).


Research Coverage:
The report defines, describes, and forecasts the Transformer Monitoring market, by component, type, services, voltage, application, and region. It also offers a detailed qualitative and quantitate ve analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Transformer Monitoring market.


Key Benefits of Buying the Report
• Growing emphasis on ensuring a reliable and continuous power supply and need for monitoring to address the challenges of aging transformer infrastructure is likely to drive the demand. Factors such as cost barrier is hindering the growth of power transformers. Growth of big data analytic is creating opportunities in this market. Acceptance level among end users are major challenges faced by countries in this market. 
• Product Development/ Innovation: The trends such as launching of continuous online monitors for transformers that uses UHF Partial Discharge monitoring, trending and classification technology.
• Market Development: The global scenario of transformer monitoring has developed due to digitalization of the utilities promoting use of power transformers, increased investments in renewable energy, and increased electricity consumption throughout the world.
• Market Diversification: ABB launched ABB Ability condition monitoring for belts which offers a complete overview of the assets’ condition through continuous monitoring of belt health, generating alarms and warnings in the event of deterioration. By moving from preventative to predictive maintenance, it enables operators to avoid the costly failures that can occur between physical inspections and personnel can be removed from dangerous areas.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like GE (US), ABB (Switzerland), Siemens Energy AG (Germany), Schneider Electric (France), and Eaton (Ireland) among others in the Transformer Monitoring market

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.3         INCLUSIONS AND EXCLUSIONS 32

1.3.1      TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT: INCLUSIONS AND EXCLUSIONS 32

1.3.2      TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 32

1.3.3      TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES: INCLUSIONS AND EXCLUSIONS 32

1.3.4      TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE: INCLUSIONS AND EXCLUSIONS 33

1.3.5      TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS 33

1.4         MARKET SCOPE             33

1.4.1      MARKETS COVERED     33

1.4.2      REGIONAL SCOPE         34

1.4.3      YEARS CONSIDERED     34

1.4.4      CURRENCY CONSIDERED          35

1.5         LIMITATIONS   35

1.6         STAKEHOLDERS            35

1.7         SUMMARY OF CHANGES            36

1.8         RECESSION IMPACT      36

2            RESEARCH METHODOLOGY     37

2.1         RESEARCH DATA           37

FIGURE 1           TRANSFORMER MONITORING SYSTEM MARKET: RESEARCH DESIGN              37

2.2         MARKET BREAKDOWN AND DATA TRIANGULATION    38

FIGURE 2           DATA TRIANGULATION             38

2.2.1      SECONDARY DATA       39

2.2.1.1   Key data from secondary sources     39

2.2.2      PRIMARY DATA 39

2.2.2.1   Key industry insights          40

2.2.2.2   Breakdown of primaries     41

2.3         SCOPE  41

FIGURE 3           MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND  FOR TRANSFORMER MONITORING SYSTEMS            42

2.4         MARKET SIZE ESTIMATION       42

2.4.1      BOTTOM-UP APPROACH           42

FIGURE 4           MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH       43

2.4.2      TOP-DOWN APPROACH             44

FIGURE 5           MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH       44

2.4.3      DEMAND-SIDE ANALYSIS           45

2.4.3.1   Regional analysis 45

2.4.3.2   Country-level analysis        46

2.4.3.3   Assumptions for demand-side analysis           46

2.4.3.4   Calculations for demand-side analysis            46

2.4.4      SUPPLY-SIDE ANALYSIS             47

FIGURE 6           KEY STEPS CONSIDERED TO ASSESS SUPPLY OF TRANSFORMER MONITORING SYSTEMS            47

FIGURE 7           TRANSFORMER MONITORING SYSTEM MARKET: SUPPLY-SIDE ANALYSIS          47

2.4.4.1   Calculations for supply-side analysis 48

2.4.4.2   Assumptions for supply-side analysis             48

FIGURE 8           INDUSTRY CONCENTRATION, 2022       48

2.4.5      FORECAST        48

2.5         RISK ASSESSMENT         49

2.6         IMPACT OF RECESSION 49

3            EXECUTIVE SUMMARY 50

TABLE 1             TRANSFORMER MONITORING SYSTEM MARKET SNAPSHOT              50

FIGURE 9           ASIA PACIFIC TO REGISTER HIGHEST CAGR IN TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD   51

FIGURE 10         HARDWARE SOLUTIONS SEGMENT TO LEAD TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD   52

FIGURE 11         OIL-IMMERSED SEGMENT TO DOMINATE TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD   52

FIGURE 12         POWER TRANSFORMERS SEGMENT TO LEAD TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD   53

FIGURE 13         HIGH AND EXTRA HIGH VOLTAGE SEGMENT TO LEAD TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD              53

FIGURE 14         OIL MONITORING SEGMENT TO LEAD TRANSFORMER MONITORING SYSTEM MARKET DURING FORECAST PERIOD   54

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRANSFORMER MONITORING SYSTEM MARKET            55

FIGURE 15         RISING ADOPTION OF EFFICIENT POWER DISTRIBUTION SYSTEMS           55

4.2         TRANSFORMER MONITORING SYSTEM MARKET, BY REGION    55

FIGURE 16         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       55

4.3         ASIA PACIFIC TRANSFORMER MONITORING SYSTEM MARKET,  BY SERVICES AND COUNTRY, 2022 56

FIGURE 17         OIL MONITORING SEGMENT AND CHINA HELD LARGEST SHARES OF ASIA PACIFIC TRANSFORMER MONITORING SYSTEM MARKET IN 2022      56

4.4         TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT              57

FIGURE 18         HARDWARE SOLUTIONS SEGMENT TO DOMINATE TRANSFORMER MONITORING SYSTEM MARKET IN 2028             57

4.5         TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE         57

FIGURE 19         OIL-IMMERSED SEGMENT TO ACCOUNT FOR LARGEST SHARE OF TRANSFORMER MONITORING SYSTEM MARKET IN 2028       57

4.6         TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION              58

FIGURE 20         POWER TRANSFORMERS SEGMENT TO ACCOUNT FOR LARGEST SHARE OF TRANSFORMER MONITORING SYSTEM MARKET IN 2028              58

4.7         TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE 58

FIGURE 21         HIGH AND EXTRA HIGH VOLTAGE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF TRANSFORMER MONITORING SYSTEM MARKET IN 2028      58

4.8         TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES 59

FIGURE 22         OIL MONITORING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF TRANSFORMER MONITORING SYSTEM MARKET IN 2028        59

5            MARKET OVERVIEW     60

5.1         INTRODUCTION            60

5.2         MARKET DYNAMICS     60

FIGURE 23         TRANSFORMER MONITORING SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES       60

5.2.1      DRIVERS            61

5.2.1.1   Increasing focus on digitalization of utilities   61

TABLE 2             PROJECTS BY DIFFERENT COUNTRIES FOR ENERGY TRANSITION     61

FIGURE 24         INVESTMENTS IN DIGITALIZATION OF TRANSFORMERS,  2015–2022 (USD BILLION)           62

5.2.1.2   Increased investments in renewable and clean energy generation             62

FIGURE 25         GLOBAL CLEAN ENERGY INVESTMENTS, 2015–2023 (USD BILLION)           63

FIGURE 26         ENERGY TRANSITION INVESTMENTS, BY TOP 10 COUNTRIES, 2021 (%)             63

FIGURE 27         ENERGY TRANSITION INVESTMENTS, BY SECTOR, 2021 (USD BILLION)           64

5.2.1.3   Growing use of monitoring systems for transformers   64

FIGURE 28         ELECTRICITY CONSUMPTION, BY COUNTRY, 2022 (TWH)              65

5.2.2      RESTRAINTS     65

5.2.2.1   High hardware, software, and installation costs            65

5.2.3      OPPORTUNITIES           65

5.2.3.1   Growing use of big data analytics in energy industry    65

5.2.3.2   Increased investments in offshore wind farms 66

FIGURE 29         NEW OFFSHORE INSTALLATIONS, 2016–2022 (MW)        67

5.2.4      CHALLENGES   67

5.2.4.1   Low acceptance among end users     67

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 67

FIGURE 30         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              68

5.4         ECOSYSTEM MAPPING 68

TABLE 3             COMPANIES AND THEIR ROLE IN TRANSFORMER MONITORING ECOSYSTEM       68

FIGURE 31         TRANSFORMER MONITORING SYSTEM MARKET: ECOSYSTEM MAPPING          69

5.5         VALUE CHAIN ANALYSIS            70

FIGURE 32         TRANSFORMER MONITORING SYSTEM MARKET: VALUE CHAIN ANALYSIS           70

5.5.1      RAW MATERIAL PROVIDERS/SUPPLIERS/COMPONENT MANUFACTURERS        70

5.5.2      TRANSFORMER MONITORING SYSTEM MANUFACTURERS/ASSEMBLERS            70

5.5.3      DISTRIBUTORS/RESELLERS      71

5.5.4      END USERS       71

5.5.5      MAINTENANCE/SERVICE PROVIDERS   71

5.6         TECHNOLOGY ANALYSIS           71

5.6.1      SENSORS AND INTERNET OF THINGS (IOT)       71

5.6.2      DATA ANALYTICS AND ARTIFICIAL INTELLIGENCE (AI)             71

5.6.3      DIGITAL TWINS AND SIMULATION        71

5.6.4      CLOUD-BASED AND MOBILE SOLUTIONS          71

5.7         PATENT ANALYSIS        72

FIGURE 33         TRANSFORMER MONITORING SYSTEM MARKET: PATENT REGISTRATIONS, 2012–2022       72

TABLE 4             TRANSFORMER MONITORING SYSTEM MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2019–2023           73

5.8         TRADE ANALYSIS          75

5.8.1      IMPORT SCENARIO FOR HS CODE 850423-COMPLIANT PRODUCTS              75

TABLE 5             IMPORT DATA FOR HS CODE 850423-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)    76

FIGURE 34         IMPORT DATA FOR HS CODE 850423-COMPLIANT PRODUCTS, BY TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND) 77

5.8.2      EXPORT SCENARIO FOR HS CODE 850423-COMPLIANT PRODUCTS              77

TABLE 6             EXPORT DATA FOR HS CODE 850423-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)    77

FIGURE 35         EXPORT DATA FOR HS CODE 850423-COMPLIANT PRODUCTS, BY TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND) 78

5.8.3      IMPORT SCENARIO FOR HS CODE 850421-COMPLIANT PRODUCTS              78

TABLE 7             IMPORT DATA FOR HS CODE 850421-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD THOUSAND)       78

FIGURE 36         IMPORT SCENARIO FOR HS CODE 850421-COMPLIANT PRODUCTS, BY TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND)     79

5.8.4      EXPORT SCENARIO FOR HS CODE 850421-COMPLIANT PRODUCTS              80

TABLE 8             EXPORT DATA FOR HS CODE 850421-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2022 (USD THOUSAND)    80

FIGURE 37         EXPORT DATA FOR HS CODE 850421-COMPLIANT PRODUCTS, BY TOP FIVE COUNTRIES, 2020–2022 (USD THOUSAND) 81

5.9         PRICING ANALYSIS        81

FIGURE 38         AVERAGE SELLING PRICE (ASP) OF TRANSFORMER MONITORING SYSTEMS,  BY APPLICATION, 2021, 2022, 2023, AND 2028 (USD/UNIT)      81

TABLE 9             AVERAGE SELLING PRICE (ASP) OF TRANSFORMER MONITORING SYSTEMS,  BY APPLICATION, 2021, 2022, 2023, AND 2028 (USD/UNIT)      82

TABLE 10           AVERAGE SELLING PRICE (ASP) TREND, BY REGION, 2020, 2021, 2022,  AND 2030 (USD/UNIT)    82

FIGURE 39         AVERAGE SELLING PRICE (ASP) TREND, BY REGION, 2020, 2021,  2022, AND 2030 (USD/UNIT)       82

5.10       TARIFF ANALYSIS          83

TABLE 11           TARIFF LEVIED ON TRANSFORMER MONITORING SYSTEMS (HS CODE 850423), 2022 83

TABLE 12           TARIFF LEVIED ON TRANSFORMER MONITORING SYSTEMS (HS CODE 850421), 2022 83

5.11       STANDARDS AND REGULATORY LANDSCAPE   84

5.11.1    STANDARDS RELATED TO TRANSFORMER MONITORING SYSTEMS              84

TABLE 13           TRANSFORMER MONITORING SYSTEM MARKET: NORTH AMERICAN STANDARDS            84

TABLE 14           TRANSFORMER MONITORING SYSTEM MARKET: EUROPEAN STANDARDS     85

TABLE 15           TRANSFORMER MONITORING SYSTEM MARKET: ASIA PACIFIC STANDARDS     86

TABLE 16           TRANSFORMER MONITORING SYSTEM MARKET: INTERNATIONAL STANDARDS 87

5.11.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          87

TABLE 17           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      87

TABLE 18           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS 88

TABLE 19           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,  AND OTHER ORGANIZATIONS      89

TABLE 20           ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          90

5.12       PORTER’S FIVE FORCES ANALYSIS         90

FIGURE 40         TRANSFORMER MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 90

TABLE 21           TRANSFORMER MONITORING SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 91

5.12.1    THREAT OF SUBSTITUTES         91

5.12.2    BARGAINING POWER OF SUPPLIERS     91

5.12.3    BARGAINING POWER OF BUYERS           92

5.12.4    THREAT OF NEW ENTRANTS    92

5.12.5    INTENSITY OF COMPETITIVE RIVALRY 92

5.13       CASE STUDY ANALYSIS 93

5.13.1    EARLY DETECTION OF TEMPERATURE, OIL QUALITY, GAS LEVELS, AND ELECTRICAL CHARACTERISTICS IN TRANSFORMERS BY CONDITION MONITORING   93

5.13.1.1 Problem statement            93

5.13.1.2 Solution 93

5.13.2    GUJARAT POWER RESEARCH & DEVELOPMENT (GPRD) DEPLOYED SYSTEM LEVEL SOLUTIONS (SLS)’S REAL-TIME TRANSFORMER MONITORING SYSTEM (TMS) FOR REAL-TIME TRANSFORMER MONITORING 93

5.13.2.1 Problem statement            93

5.13.2.2 Solution 93

5.13.3    OMICRON ELECTRONICS GMBH WAS CONTRACTED BY SUBSTATION BASED IN AUSTRIA TO RECTIFY PARTIAL DISCHARGE AND ENSURE OPERATIONAL SAFETY AND RELIABILITY         94

5.13.3.1 Problem statement            94

5.13.3.2 Solution 94

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    94

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         94

FIGURE 41         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SERVICES        94

TABLE 22           INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE SERVICES        95

5.14.2    BUYING CRITERIA         95

FIGURE 42         KEY BUYING CRITERIA FOR TOP THREE SERVICES         95

TABLE 23           KEY BUYING CRITERIA FOR TOP THREE SERVICES         95

5.15       KEY CONFERENCES AND EVENTS, 2023–2024     96

TABLE 24           TRANSFORMER MONITORING SYSTEM MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2023–2024             96

6            TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE 97

6.1         INTRODUCTION            98

FIGURE 43        TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE, 2022      98

TABLE 25          TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)          98

6.2         LOW VOLTAGE 99

6.2.1      HIGHLY USED TO POWER DEVICES AND SYSTEMS REQUIRING LOWER VOLTAGE          99

TABLE 26           LOW VOLTAGE: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          99

6.3         MEDIUM VOLTAGE       100

6.3.1      USED TO STEP DOWN HIGHER VOLTAGES SUPPLIED BY GRID TO LEVELS APPROPRIATE FOR INDUSTRIAL OPERATIONS, ENSURING SAFE AND MANAGEABLE ELECTRICITY DISTRIBUTION     100

TABLE 27           MEDIUM VOLTAGE: TRANSFORMER MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (USD MILLION)          100

6.4         HIGH AND EXTRA HIGH VOLTAGE        100

6.4.1      FACILITATES EARLY FAULT DETECTION, COMPLIANCE ADHERENCE, AND REMOTE OVERSIGHT        100

TABLE 28           HIGH VOLTAGE: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          101

7            TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES 102

7.1         INTRODUCTION            103

FIGURE 44         TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2022      103

TABLE 29           TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)          103

7.2         OIL MONITORING         104

7.2.1      HELPS DETECT ISSUES EARLY AND EXTEND OPERATIONAL LIFE OF TRANSFORMERS            104

TABLE 30           OIL MONITORING: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          104

7.3         BUSHING MONITORING             104

7.3.1      ENSURES INTEGRITY AND PREVENTS CRIPPLING OF TRANSFORMER, CIRCUIT BREAKER, OR SHUNT REACTOR BUSHING FAILURE     104

TABLE 31           BUSHING MONITORING: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)           105

7.4         PARTIAL DISCHARGE (PD) MONITORING          105

7.4.1      ENABLES EARLY PROBLEM IDENTIFICATION AND PREVENTATIVE MAINTENANCE 105

TABLE 32           PARTIAL DISCHARGE (PD) MONITORING: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)              106

7.5         ON-LOAD TAP CHANGER (OLTC) MONITORING            106

7.5.1      ENSURES PROPER FUNCTIONING BY MODIFYING TURN RATIO OF TRANSFORMERS AND ADJUSTING VOLTAGE UNDER VARIOUS LOAD SITUATIONS     106

TABLE 33           ON-LOAD TAP CHANGER (OLTC) MONITORING: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)          106

7.6         OTHER SERVICES          107

TABLE 34           OTHER SERVICES: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          107

8            TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT              108

8.1         INTRODUCTION            109

FIGURE 45         TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT, 2022       109

TABLE 35           TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)         109

8.2         HARDWARE SOLUTIONS            110

8.2.1      INCREASED EFFORTS TO IMPROVE EFFICIENCY, RELIABILITY, AND LONGEVITY OF POWER TRANSFORMERS TO DRIVE DEMAND   110

TABLE 36           HARDWARE SOLUTIONS: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)           110

8.3         SOFTWARE SOLUTIONS             110

8.3.1      GROWING ADOPTION FOR PREVENTATIVE MAINTENANCE, IMPROVING POWER TRANSFORMER PERFORMANCE, AND TRANSFORMING RAW DATA INTO USABLE INSIGHTS TO DRIVE MARKET             110

TABLE 37           SOFTWARE SOLUTIONS: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)           111

9            TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION              112

9.1         INTRODUCTION            113

FIGURE 46         TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION, 2022       113

TABLE 38           TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION,  2021–2028 (USD MILLION)        113

TABLE 39           TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION, 2021–2028 (UNITS)          113

9.2         POWER TRANSFORMERS           114

9.2.1      CAPABILITY TO DETECT ANOMALIES FOR INFORMED DECISION-MAKING TO DRIVE DEMAND    114

TABLE 40           POWER TRANSFORMERS: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)           114

TABLE 41           POWER TRANSFORMERS: TRANSFORMER MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (UNITS)        115

9.3         DISTRIBUTION TRANSFORMERS            115

9.3.1      ABILITY TO REMOTELY MONITOR AND CONTROL POWER DISTRIBUTION TO FUEL DEMAND        115

TABLE 42           DISTRIBUTION TRANSFORMERS: TRANSFORMER MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (USD MILLION)              116

TABLE 43           DISTRIBUTION TRANSFORMERS: TRANSFORMER MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (UNITS)          116

9.4         OTHER APPLICATIONS 117

TABLE 44           OTHER APPLICATIONS: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)           118

TABLE 45           OTHER APPLICATIONS: TRANSFORMER MONITORING SYSTEM MARKET,  BY REGION, 2021–2028 (UNITS)        118

10          TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE         119

10.1       INTRODUCTION            120

FIGURE 47         TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE, 2022              120

TABLE 46           TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)          120

10.2       OIL-IMMERSED 121

10.2.1    USED IN UTILITIES TO HANDLE POSSIBLE FAULTS, REDUCE UNPLANNED OUTAGES, AND OPTIMIZE TRANSFORMER PERFORMANCE              121

TABLE 47           OIL-IMMERSED: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          121

10.3       CAST-RESIN      121

10.3.1    IDEAL FOR REAL-TIME ASSESSMENT OF SOLID INSULATION CONDITION      121

TABLE 48           CAST-RESIN: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)             122

10.4       OTHER TYPES  122

TABLE 49           OTHER TYPES: TRANSFORMER MONITORING SYSTEM MARKET, BY REGION,  2021–2028 (USD MILLION)          123

11          TRANSFORMER MONITORING SYSTEM MARKET, BY REGION    124

11.1       INTRODUCTION            125

FIGURE 48         TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2022 (%)             125

FIGURE 49         ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       126

TABLE 50           TRANSFORMER MONITORING SYSTEM MARKET, BY REGION, 2021–2028 (USD MILLION)          126

TABLE 51           TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)         126

TABLE 52           TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)          127

TABLE 53           TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE, 2021–2028 (USD MILLION)          127

TABLE 54          TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)          127

TABLE 55           TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION,  2021–2028 (USD MILLION)        128

11.2       NORTH AMERICA          128

11.2.1    NORTH AMERICAN TRANSFORMER MONITORING SYSTEM MARKET: RECESSION IMPACT      128

FIGURE 50         NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET SNAPSHOT     129

TABLE 56           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION)      129

TABLE 57           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2028 (USD MILLION)  130

TABLE 58           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)       130

TABLE 59           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET,  BY TYPE, 2021–2028 (USD MILLION) 130

TABLE 60           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)       131

TABLE 61           NORTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)  131

11.2.2    US         131

11.2.2.1 Growing electricity demand and need for reliable and efficient operation of power utilities  131

TABLE 62           US: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  132

11.2.3    CANADA            132

11.2.3.1 Rising use to reduce operational risks and ensure reliability of power transformers in technologically evolving landscape             132

TABLE 63           CANADA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  133

11.2.4    MEXICO             133

11.2.4.1 Increasing use of renewable energy and growing emphasis on sustainability and grid resilience      133

TABLE 64           MEXICO: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  134

11.3       EUROPE             134

FIGURE 51         EUROPE: TRANSFORMER MONITORING SYSTEM MARKET SNAPSHOT        135

11.3.1    EUROPEAN TRANSFORMER MONITORING SYSTEM MARKET: RECESSION IMPACT      135

TABLE 65           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION) 136

TABLE 66           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)         136

TABLE 67           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  136

TABLE 68           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)          137

TABLE 69           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)  137

TABLE 70           EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION,  2021–2028 (USD MILLION)        137

11.3.2    UK         137

11.3.2.1 Growing adoption of innovative monitoring systems    137

TABLE 71           UK: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  138

11.3.3    GERMANY         138

11.3.3.1 Expansion of T&D network with shift from nuclear and fossil fuels to renewable energy   138

TABLE 72           GERMANY: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)           139

11.3.4    FRANCE             139

11.3.4.1 Decommissioning of aging nuclear plants and growing importance of reliable and efficient power infrastructure           139

TABLE 73           FRANCE: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  140

11.3.5    ITALY   140

11.3.5.1 Increased power consumption and use of renewable energy sources         140

TABLE 74           ITALY: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  140

11.3.6    RUSSIA 141

11.3.6.1 Rising government-led investments in modernization of power grids       141

TABLE 75           RUSSIA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  141

11.3.7    REST OF EUROPE           141

TABLE 76           REST OF EUROPE: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)       142

11.4       ASIA PACIFIC    142

FIGURE 52         ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET SNAPSHOT        143

11.4.1    ASIA PACIFIC TRANSFORMER MONITORING SYSTEM MARKET: RECESSION IMPACT      143

TABLE 77          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET , BY COUNTRY,  2021–2028 (USD MILLION)         144

TABLE 78          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT,  2021–2028 (USD MILLION)   144

TABLE 79          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)           144

TABLE 80          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION)    145

TABLE 81          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)          145

TABLE 82          ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION,  2021–2028 (USD MILLION)   145

11.4.2    CHINA  145

11.4.2.1 Rising focus on grid stability and sustainability            145

TABLE 83           CHINA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  146

11.4.3    JAPAN  146

11.4.3.1 Increasing need for modernized and resilient power grids          146

TABLE 84           JAPAN: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  147

11.4.4    INDIA   147

11.4.4.1 Growing need for dependable and efficient power supply and aging transformer infrastructure       147

TABLE 85           INDIA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  148

11.4.5    SOUTH KOREA 148

11.4.5.1 Increased power consumption and adoption of renewable sources for electricity production           148

TABLE 86           SOUTH KOREA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)       149

11.4.6    AUSTRALIA       149

11.4.6.1 Increasing electricity demand, growing share of renewable energy sources, and rising adoption of distributed generation       149

TABLE 87           AUSTRALIA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)           149

11.4.7    REST OF ASIA PACIFIC  150

TABLE 88           REST OF ASIA PACIFIC: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)          150

11.5       SOUTH AMERICA           150

11.5.1    SOUTH AMERICAN TRANSFORMER MONITORING SYSTEM MARKET: RECESSION IMPACT      150

TABLE 89           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)         151

TABLE 90           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY COMPONENT, 2021–2028 (USD MILLION)  151

TABLE 91           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)       151

TABLE 92           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION) 152

TABLE 93           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE,  2021–2028 (USD MILLION)       152

TABLE 94           SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY APPLICATION, 2021–2028 (USD MILLION)  152

11.5.2    BRAZIL 152

11.5.2.1 Growing solar power generation      152

TABLE 95           BRAZIL: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  153

11.5.3    ARGENTINA      153

11.5.3.1 Increased hydroelectricity generation            153

TABLE 96           ARGENTINA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)           154

11.5.4    VENEZUELA      154

11.5.4.1 Presence of aging and underinvested power grids         154

TABLE 97           VENEZUELA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)           155

11.5.5    REST OF SOUTH AMERICA         155

TABLE 98           REST OF SOUTH AMERICA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)         155

11.6       MIDDLE EAST & AFRICA             156

11.6.1    MIDDLE EASTERN & AFRICAN TRANSFORMER MONITORING SYSTEM MARKET: RECESSION IMPACT  156

TABLE 99           MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET, BY COUNTRY, 2021–2028 (USD MILLION)       156

TABLE 100         MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET,  BY COMPONENT, 2021–2028 (USD MILLION)             156

TABLE 101         MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)         157

TABLE 102         MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET, BY TYPE,  2021–2028 (USD MILLION) 157

TABLE 103         MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET, BY VOLTAGE, 2021–2028 (USD MILLION)        157

TABLE 104         MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET,  BY APPLICATION, 2021–2028 (USD MILLION)            158

11.6.2    GCC COUNTRIES           158

11.6.2.1 High electricity demand in residential sector  158

TABLE 105         UAE: TRANSFORMER MONITORING SYSTEM MARKET, BY COUNTRY,  2021–2028 (USD MILLION) 158

TABLE 106         UAE: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  159

11.6.2.2 UAE      159

11.6.2.2.1            Rising investments in solar energy generation 159

TABLE 107         UAE: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  160

11.6.2.3 SAUDI ARABIA  160

11.6.2.3.1            Expansion of grids and energy diversification 160

TABLE 108         SAUDI ARABIA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)          161

11.6.2.4 QATAR 161

11.6.2.4.1            Increased electricity generation capacity year-on-year 161

TABLE 109         QATAR: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  162

11.6.2.5 REST OF GCC COUNTRIES         162

TABLE 110         REST OF GCC COUNTRIES: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES, 2021–2028 (USD MILLION)         162

11.6.3    IRAN     163

11.6.3.1 Growing use of renewable energy sources and aging transformer infrastructure              163

TABLE 111         IRAN: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  163

11.6.4    ALGERIA           163

11.6.4.1 Growing deployment in power grids and oil & gas fields             163

TABLE 112         ALGERIA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)  164

11.6.5    SOUTH AFRICA 164

11.6.5.1 Increased power generation using coal and growing use to improve transformer dependability and longevity by giving real-time data on performance and potential defects              164

TABLE 113         SOUTH AFRICA: TRANSFORMER MONITORING SYSTEM MARKET, BY SERVICES,  2021–2028 (USD MILLION)       164

11.6.6    REST OF MIDDLE EAST & AFRICA           165

TABLE 114         REST OF MIDDLE EAST & AFRICA: TRANSFORMER MONITORING SYSTEM MARKET,  BY SERVICES, 2021–2028 (USD MILLION)              165

12          COMPETITIVE LANDSCAPE       166

12.1       OVERVIEW        166

12.2       MAJOR STRATEGIES ADOPTED BY KEY PLAYERS            167

FIGURE 53         TRANSFORMER MONITORING SYSTEM MARKET: MAJOR STRATEGIES ADOPTED BY KEY PLAYERS, 2018–2023      167

12.3       MARKET SHARE ANALYSIS, 2022             168

FIGURE 54         TRANSFORMER MONITORING SYSTEM MARKET SHARE ANALYSIS, 2022 168

12.4       REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022   169

FIGURE 55         TRANSFORMER MONITORING SYSTEM MARKET: ANNUAL REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2018–2022   169

12.5       COMPETITIVE SCENARIOS AND TRENDS           170

12.5.1    DEALS  170

TABLE 116         TRANSFORMER MONITORING SYSTEM MARKET: DEALS, 2018–2023      170

12.5.2    OTHERS             172

TABLE 117         TRANSFORMER MONITORING SYSTEM MARKET: OTHERS, 2018–2023          172

12.6       COMPANY EVALUATION MATRIX, 2022 173

FIGURE 56         TRANSFORMER MONITORING SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022      173

12.6.1    STARS  174

12.6.2    EMERGING LEADERS    174

12.6.3    PERVASIVE PLAYERS     174

12.6.4    PARTICIPANTS 174

12.6.5    COMPANY FOOTPRINT 174

TABLE 118         COMPONENT: COMPANY FOOTPRINT 174

TABLE 119         TYPE: COMPANY FOOTPRINT   175

TABLE 120         SERVICES: COMPANY FOOTPRINT         176

TABLE 121         VOLTAGE: COMPANY FOOTPRINT        177

TABLE 122         APPLICATION: COMPANY FOOTPRINT 178

TABLE 123         REGION: COMPANY FOOTPRINT            179

TABLE 124         COMPANY OVERALL FOOTPRINT          180

12.7       STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022      181

FIGURE 57         TRANSFORMER MONITORING SYSTEM MARKET: STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022    182

12.7.1    PROGRESSIVE COMPANIES       182

12.7.2    RESPONSIVE COMPANIES          182

12.7.3    DYNAMIC COMPANIES 183

12.7.4    STARTING BLOCKS       183

12.7.5    COMPETITIVE BENCHMARKING            183

TABLE 125         TRANSFORMER MONITORING SYSTEM MARKET: LIST OF KEY STARTUPS/SMES           183

TABLE 126         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY COMPONENT   183

TABLE 127         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY TYPE    184

TABLE 128         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY SERVICES          184

TABLE 129         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY VOLTAGE          184

TABLE 130         COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES, BY REGION             185

TABLE 131         KEY STARTUPS/SMES OVERALL FOOTPRINT    185

13          COMPANY PROFILES    186

(Business overview, Products/Services/Solutions offered, Recent Developments, MNM view)*

13.1       KEY PLAYERS   186

13.1.1    SIEMENS ENERGY AG    186

TABLE 132         SIEMENS ENERGY AG: COMPANY OVERVIEW    186

FIGURE 58         SIEMENS ENERGY AG: COMPANY SNAPSHOT    187

TABLE 133         SIEMENS ENERGY AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED          187

TABLE 134         SIEMENS ENERGY AG: PRODUCT LAUNCHES    188

13.1.2    ABB       189

TABLE 135         ABB: COMPANY OVERVIEW       189

FIGURE 59         ABB: COMPANY SNAPSHOT       190

TABLE 136         ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED        190

TABLE 137         ABB: PRODUCT LAUNCHES       191

13.1.3    GE         192

TABLE 138         GE: COMPANY OVERVIEW         192

FIGURE 60         GE: COMPANY SNAPSHOT         193

TABLE 139         GE: PRODUCTS/SOLUTIONS/SERVICES OFFERED          193

TABLE 140         GE: DEALS         194

13.1.4    SCHNEIDER ELECTRIC 195

TABLE 141         SCHNEIDER ELECTRIC: COMPANY OVERVIEW  195

FIGURE 61         SCHNEIDER ELECTRIC: COMPANY SNAPSHOT  196

TABLE 142         SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          196

TABLE 143         SCHNEIDER ELECTRIC: PRODUCT LAUNCHES  197

TABLE 144         SCHNEIDER ELECTRIC: DEALS 197

TABLE 145         SCHNEIDER ELECTRIC: OTHERS            197

13.1.5    EATON 199

TABLE 146         EATON: COMPANY OVERVIEW 199

FIGURE 62         EATON: COMPANY SNAPSHOT 200

TABLE 147         EATON: PRODUCTS/SOLUTIONS/SERVICES OFFERED  200

TABLE 148         EATON: OTHERS            201

13.1.6    MISTRAS GROUP            202

TABLE 149         MISTRAS GROUP: COMPANY OVERVIEW            202

FIGURE 63         MISTRAS GROUP: COMPANY SNAPSHOT            203

TABLE 150         MISTRAS GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED          203

13.1.7    MITSUBISHI ELECTRIC CORPORATION 204

TABLE 151         MITSUBISHI ELECTRICAL CORPORATION: COMPANY OVERVIEW        204

FIGURE 64         MITSUBISHI ELECTRICAL CORPORATION: COMPANY SNAPSHOT        205

TABLE 152         MITSUBISHI ELECTRICAL CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED   205

TABLE 153         MITSUBISHI ELECTRICAL CORPORATION: DEALS          206

13.1.8    VAISALA            207

TABLE 154         VAISALA: COMPANY OVERVIEW             207

FIGURE 65         VAISALA: COMPANY SNAPSHOT            208

TABLE 155         VAISALA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 208

13.1.9    HITACHI ENERGY LTD 209

TABLE 156         HITACHI ENERGY LTD: COMPANY OVERVIEW  209

TABLE 157         HITACHI ENERGY LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED          209

13.1.10  KJ DYNATECH, INC.       210

TABLE 158         KJ DYNATECH, INC.: COMPANY OVERVIEW       210

TABLE 159         KJ DYNATECH, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          210

13.1.11  MASCHINENFABRIK REINHAUSEN GMBH           211

TABLE 160         MASCHINENFABRIK REINHAUSEN GMBH: COMPANY OVERVIEW        211

TABLE 161         MASCHINENFABRIK REINHAUSEN GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED   211

TABLE 162         MASCHINENFABRIK REINHAUSEN GMBH: DEALS           212

TABLE 163         MASCHINENFABRIK REINHAUSEN GMBH: OTHERS        212

13.1.12  QUALITROL      213

TABLE 164         QUALITROL: COMPANY OVERVIEW      213

TABLE 165         QUALITROL: PRODUCTS/SOLUTIONS/SERVICES OFFERED              213

TABLE 166         QUALITROL: PRODUCT LAUNCHES      214

13.1.13  GASERA             215

TABLE 167         GASERA: COMPANY OVERVIEW 215

TABLE 168         GASERA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215

13.1.14  DOBLE ENGINEERING COMPANY          216

TABLE 169         DOBLE ENGINEERING COMPANY: COMPANY OVERVIEW              216

TABLE 170         DOBLE ENGINEERING COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED   216

TABLE 171         DOBLE ENGINEERING COMPANY: PRODUCT LAUNCHES              217

TABLE 172         DOBLE ENGINEERING COMPANY: DEALS          217

13.1.15  WILSON TRANSFORMERS          218

TABLE 173         WILSON TRANSFORMERS: COMPANY OVERVIEW           218

TABLE 174         WILSON TRANSFORMERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          218

13.2       OTHER PLAYERS           219

13.2.1    SAIELECTRICAL             219

13.2.2    CAMLIN LTD    219

13.2.3    TREETECH        220

13.2.4    EMCO ELECTRONICS    220

13.2.5    ADVANCED POWER TECHNOLOGIES LLC          221

13.2.6    KONCAR – ELECTRICAL ENGINEERING INSTITUTE LTD.             222

13.2.7    CMSGP 222

13.2.8    UBICQUIA, INC 223

13.2.9    AVL INDIA PRIVATE LTD           223

*Details on Business overview, Products/Services/Solutions offered, Recent Developments, MNM view might not be captured in case of unlisted companies.

14          APPENDIX         224

14.1       INSIGHTS FROM INDUSTRY EXPERTS   224

14.2       DISCUSSION GUIDE      225

14.3       KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL             230

14.4       CUSTOMIZATION OPTIONS      232

14.5       RELATED REPORTS       232

14.6       AUTHOR DETAILS         233