Energy and Power Transformer Monitoring System Market | Page 2

Asia-Pacific: The leading market for transformer monitoring system
In this report, the transformer monitoring system market has been analyzed with respect to six
regions, namely, North America, Europe, Asia-Pacific, South America, the Middle East, and Africa.
Asia-Pacific is expected to be the largest market for transformer monitoring solutions; the region
has the most number of developing economies with high capacity addition planned during the
forecast period. Utilities are expected to adopt monitoring solutions as part of their plans for
installing new transformers. Moreover, countries such as India and China have invested heavil y in
smart grids, in turn boosting the demand for transformer monitoring solutions.
To enable an in-depth understanding of the competitive landscape, the report includes profiles
of some of the leading players in the transformer monitoring system market. T hese players
include ABB Ltd. (Switzerland), Eaton Corporation Plc. (Ireland), General Electric (U.S.), Schneider
Electric (France), and Siemens AG (Germany). Leading players are trying to penetrate the markets
in developing economies and are adopting various strategies to increase their market share.
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