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Global Instrument Transformer Market Is Expected to Grow at a CAGR of 7.81 During the Period 2016-2020

ResearchMoz added Latest Research Report titled " Global Instrument Transformer Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.

 

Albany, NY -- (SBWIRE) -- 01/13/2017 -- Instrument transformers find application in AC systems where they are used to measure electrical quantities such as current, power, voltage, power factor, frequency, and energy. These devices are often used with protective relays incorporated into the network in the interests of protecting the electrical system.

The global instrument transformer market to grow at a CAGR of 7.81 during the period 2016-2020. The report covers the present scenario and the growth prospects of the global instrument transformer market for 2016-2020. To calculate the market size, this industry research report provides a detailed explanation of the market on the basis of power transformers and switchgears.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Instrument Transformer Market 2016-2020, 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.

Key vendors
- ABB
- Crompton Greaves
- GE
- ITL
- Schneider Electric

Other prominent vendors
- China XD Group
- Huayi Electric Apparatus
- Jiangsu Sieyuan Hertz Instrument Transformer
- Nissin Electric
- TBEA

Market driver
- Augmented demand for electricity from emerging economies
- For a full, detailed list, view our report

Market challenge
- Distribution sector reeling under financial implications of upgrades
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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