QYR Market Research Global Instrument Transformer market research | Page 4

QYR • As for the global instrument transformer industry, the industry structure is relatively stable. The most of market share in revenue is grasped by the top three manufacturers, Siemens, ABB and GE, which closes to 50 per cent totally. The Germany giant Siemens, which has 21.63% market share in 2017, is the leader in the instrument transformer industry. The manufacturers following Siemens are ABB and GE, which respectively has 12.80% and 14.93% market share globally. The DYH is the leader of China instrument transformer industry. It sells a total of 185.77 million dollar instrument transformer products in the year of 2017.