QYR Market Research Global Instrument Transformer market research | Page 5

QYR
• The global consumption of instrument transformer products
rises up from 3.01 million units in 2013 to 4.03 million units in
2017, with an average annual growth rate of 7.59%. At the
same time, the revenue of world instrument transformer sales
market has a leap from 2941.86 million dollar to 3688.81
million dollar. The reason causes this increase is the growing
demand for the instrument transformer products, which is the
outcome of the downstream industries are in a good situation.