Transformer Monitoring System Market worth 2.68 Billion USD by 2021 Transformer Monitoring System Market | Page 2
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 heavily in smart grids, in turn boosting the demand for transformer
monitoring solutions.
The leading players in the transformer monitoring system market.
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. These 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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