A transformer is an electrical equipment that helps in varying the voltage of the electric current. This stepping up and stepping down of the voltage is especially important when a safe amount of electric current is required to be supplied to the end users. In order to ensure continuous and safe transmission of electricity from the power generation plant to the end users, the transformers utilized for this purpose have to be monitored continuously in real time. This is achieved by installing a transformer monitoring system within a transformer housing. Requirement of a transformer monitoring system is especially important when faults and anomalies within the grid or circuit have to be detected before the complete breakdown of the transformer occurs.
Transformer Monitoring Software is used to manage data from your monitors and sensors to ensure the normal operation of the transformer.
This report contains market size and forecasts of Transformer Monitoring Software in Global, including the following market information:
Global Transformer Monitoring Software Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Transformer Monitoring Software market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
DGA Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformer Monitoring Software include GE, ABB, Siemens, Doble Engineering Company, Eaton, Weidmann, Schneider Electric, Mitsubishi and Qualitrol, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Transformer Monitoring Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Transformer Monitoring Software Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Transformer Monitoring Software Market Segment Percentages, by Type, 2021 (%)
DGA Software
Bushing Monitoring Software
Partial Discharge (PD) Software
Others
Global Transformer Monitoring Software Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Transformer Monitoring Software Market Segment Percentages, by Application, 2021 (%)
Power Transformers
Distribution Transformers
Global Transformer Monitoring Software Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Transformer Monitoring Software Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Transformer Monitoring Software revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Transformer Monitoring Software revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
ABB
Siemens
Doble Engineering Company
Eaton
Weidmann
Schneider Electric
Mitsubishi
Qualitrol
Koncar
Schweitzer Engineering Laboratories
LGOM