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Global Current Transformer Market 2019 – Industry Analysis, Size, Share, Strategies and Forecast to 2023

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Latest Market Analysis Research Report on “Global Current Transformer Market” has been added to Wise Guy Reports database.

— Global Current Transformer Industry

New Study On “Global Current Transformer Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2023” Added to Wise Guy Reports Database

Market Overview

An electrical machine which transfers power from one circuit to the other one without physical contact between the two and utilizes the principle of Faraday’s Law of Electromagnetic Induction is called a current transformer. While the frequency of the current remains constant, the voltage can be either increased (number of secondary windings is more than primary windings) or decreased (number of primary windings is more than secondary windings) according to the requirements. Transformers are essential electrical devices that are used in almost all electrical circuits.

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A current transformer consists of three main parts namely primary winding, secondary winding and a magnetic core. The winding construction will change according to the operations performed, with the magnetic core generally made up of Cold Rolled Grain Oriented Silicon Steel or CRGOSS. A common application for transformers is at electricity generating stations. A step up transformer is used to increase the voltage before the current is passed to the grid from the generator. The step down transformer is commonly used to convert the high grid voltage to low voltage that is suitable for various home appliances.

The report compiled on the global current transformer market is a comprehensive report with it covering volume and value market share by players, by regions, by product type, by consumers and also all the price change details. The report also covers inside analysis and opinions in the transformer industry. This report splits the transformer market by insulation medium, by current transformer type, by installation method and by operating principle. The data information is covered from the years 2013 to 2017 while it is forecasted for the years 2018 to 2023.

Industry news

TRANSCO, which is The Abu Dhabi Transmission and Despatch Company, together with Siemens, recently announced the activation of a newly-installed smart power transformer in the UAE and the Middle East. This is the first time that the machine has been activated in the region. These cutting edge transformers act as information hubs and are equipped with a connectivity feature that allow them to transmit a defined.

Segmentation

The global market for current transformers can be split into different market segments based on insulation medium used, by current transformer type, by installation method and by principle that is used to work the transformer.  

Market split by insulation medium:

Dry current transformer
Pouring current transformer
Immersed current transformer

Market split by transformer type:

Measurement current transformer
Protection current transformer 

Market split by installation method:

Thorough type current transformer
Pillar current transformer
Casing current transformer 
Busbar current transformer

Market split by principle:

Electromagnetic current transformer
Electronic current transformer

Market split by application:

Electronic applications
Industrial applications
Telecommunications
Automotive applications
Others

Regional overview

The report compiled on the global current transformer market identifies the volume and market shares by different regions which include North America, South America, Europe, Asia-Pacific, the Middle East and Africa with some of the main countries in each region being the United States, Canada, Mexico, Brazil, Argentina, Germany, United Kingdom, France, Italy, Spain, Russia, Netherland, China, Japan, India, Korea, Australia, Indonesia, Thailand, Philippines, Vietnam, Singapore, Malaysia, South Africa, Egypt, Turkey, Saudi Arabia and Iran. The report on the current transformer market covers the market history data information from 2013 to 2017 and forecasts from 2018 to 2023.

For Detailed Reading Please visit WiseGuy Reports @  https://www.wiseguyreports.com/reports/3016920-global-current-transformer-detailed-analysis-report-2018-2023

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Source URL: https://marketersmedia.com/global-current-transformer-market-2019-industry-analysis-size-share-strategies-and-forecast-to-2023/88924357

Source: MarketersMedia

Release ID: 88924357

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