Current Transformer Market Outlook:
Current Transformer Market size was over USD 2.52 billion in 2025 and is projected to reach USD 4.56 billion by 2035, witnessing around 6.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of current transformer is evaluated at USD 2.66 billion.
The rising demand for electricity from residential areas, the power sector, and industries is driving growth in the market. As per International Energy Agency, global electricity demand is expected to rise by 3.4% consecutively every year across 2026.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of current transformer is evaluated at USD 2.66 billion.
The global current transformer market size was worth over USD 2.52 billion in 2025 and is poised to witness a CAGR of around 6.1%, crossing USD 4.56 billion revenue by 2035.
Asia Pacific current transformer market is expected to capture 41% share by 2035, driven by high demand for potent power systems and growing electricity consumption.
Key players in the market include Siemens, Eaton Corporation, Amran Instruments Transformers, Hammond Power Solutions, Socomec, Megger.
