Instrument Transformer Market - Top Companies and Manufacturers

Companies Dominating the Instrument Transformer Landscape

PFIFFNER Instrument Transformers Ltd.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
Arteche Lantegi Elkartea SA
Siemens AG
ABB Ltd.
CG Power and Industrial Solutions Limited
Mitsubishi Electric Corporation
Instrument Transformer Equipment Corporation, Inc.
Nissin Electric Co., Ltd.
Bharat Heavy Electricals Limited
Raychem RPG Pvt. Ltd.

Browse Key Market Insights with Data Illustration:

Instrument Transformer Market Size & Share, Growth Forecasts 2037

In the News

PFIFFNER Instrument Transformers Ltd. and KLOVERTEL Private Limited together successfully achieved the supply, installation, testing, commissioning, and operation of a 500 kV DC Voltage Divider under COVID-19 situations.
Hitachi Energy Ltd. or ABB Ltd. received an order worth USD 23 million to power electric freight locomotives for Indian railways.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of instrument transformer is assessed at USD 3.62 billion.

The instrument transformer market size was valued at USD 3.43 billion in 2024 and is poised to reach USD 8.06 billion by the end of 2037, registering around 6.9% CAGR during the forecast period i.e., between 2025-2037. The various advantages of instrument transformers along with advancements in technology and the rising adoption of smart grids will boost the market growth.

Asia Pacific is projected to dominate majority industry share by 2037, attributed to increasing demand for electricity, driven by rapid development in the countries, such as India, China, Japan, and others.

The major players in the market include PFIFFNER Instrument Transformers Ltd., Arteche Lantegi Elkartea SA, Siemens AG, ABB Ltd., CG Power and Industrial Solutions Limited, Mitsubishi Electric Corporation, Instrument Transformer Equipment Corporation, Inc., Nissin Electric Co., Ltd., Bharat Heavy Electricals Limited, Raychem RPG Pvt. Ltd.

Instrument Transformer Market - Top Companies and Manufacturers

Companies Dominating the Instrument Transformer Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the instrument transformer market worth?

Why is the demand for instrument transformer growing?

Which region dominated the majority of instrument transformer industry share?

Who are the top instrument transformer companies?