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Europe Transformer Monitoring System Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Hardware, IT Solutions), Service (Bushing Monitoring, Oil/Gas Monitoring, Others), Application (Distribution Transformers, Power Transformers, Others), and Country

Code: TIPRE00012205 | Pages: 86 | Industry: Electronics and Semiconductor | Date: Jul 2020
Covid

Market Introduction

Power transformers play an important role in power transmission. These transformers work at peak load and are designed to have maximum efficiency at full capacity. Decades of research in the transmission networks has led to an increase in the transmission voltages. Power transformers enable the power transmission low-voltage to high-voltages. The installation of power transformers provides new opportunities for the power transformer market. Thus, the rise in the installation of power transformers is likely to drive the transformer monitoring system market during the forecast period.

Market Overview and Dynamics

The Europe transformer monitoring system market is expected to reach US$881.1 millionby 2027 from US$585.7 million in 2019, ata CAGR of 5.3% from 2020 to 2027.The Europe transformer monitoring system market experiences a remarkable growth due to growing number of power grid networks and rapid installation of power transformer. Rising focus on renewable electric power generation, deployment of smart grids, smart transformers, and replacement of old power transformers are the other factors propelling the growth of the transformer monitoring system. Further, rising demand for uninterrupted electric supply and growing focus on using non-conventional energy sources would act as an opportunity for the players in the transformer monitoring system market as transformer monitoring systems have the competence of monitoring the transformer’s voltage, current, and temperature to ensure regular uninterrupted electric supply.

Key Market Segments

In terms of component, the IT solutions segment accounted for the larger share of the Europetransformer monitoring system market in 2019. In terms of service, the bushing monitoring segment held a larger market share of the transformer monitoring system market in 2019. In terms of application, the power transformers segment held a larger share of the market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred while preparing this report on the Europe transformer monitoring system market are company websites, annual reports, financial reports, national government documents, statistical database, and among others. ABB Ltd., Eaton Corporation plc, Honeywell International Inc., Schneider Electric SE, Siemens AG, Schweitzer Engineering Laboratories, Inc., Mitsubishi Electric Corporation, are Dynamic Ratings are among the major companies listed in the report.

Reasons to buy report

  • To understand the Europe transformer monitoring system marketlandscape and identifymarket segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe transformer monitoring system market
  • Efficiently plan M&A and partnership dealsin transformer monitoring system market by identifying market segments with the most promising probable sales
  • Helps to takeknowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe transformer monitoring system market
  • Obtain market revenue forecast for market by various segments from 2020 to 2027 inEurope region

EUROPE TRANSFORMER MONITORING SYSTEM MARKET SEGMENTATION

By Component

  • Hardware
  • IT Solutions

By Service

  • Bushing Monitoring
  • Oil/Gas Monitoring
  • Others

By Application

  • Distribution Transformers
  • Power Transformers
  • Others

By Country

  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Rest of Europe

Company Profiles

  • ABB Ltd.
  • Eaton Corporation plc
  • Honeywell International Inc.
  • Schneider Electric SE
  • Siemens AG
  • Schweitzer Engineering Laboratories, Inc.
  • Mitsubishi Electric Corporation
  • Dynamic Ratings

1.           Introduction

1.1         Scope of The Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Europe Transformer Monitoring System Market – By Component

1.3.2        Europe Transformer Monitoring System Market – By Service

1.3.3        Europe Transformer Monitoring System Market – By Application

1.3.4        Europe Transformer Monitoring System Market – By Country

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           Transformer Monitoring System Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        Europe

4.3         Ecosystem Analysis

5.           Transformer Monitoring System Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Rising Implementation of Smart Grids

5.1.2        Increasing Digitalization of Power Utilities

5.2         Market Restraints

5.2.1        Cost Barriers

5.3         Market Opportunities

5.3.1        Rising Wind Farms

5.4         Future Trends

5.4.1        Emergence of Big Data Analytics

5.5         Impact Analysis of Drivers and Restraints

6.           Transformer Monitoring System Market– Europe Analysis

6.1         Europe: Transformer Monitoring System Market

6.1.1        Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

7.           Transformer Monitoring System Market Analysis –  By Component

7.1         Overview

7.2         Europe: Transformer Monitoring System Market, by Component

7.3         Hardware

7.3.1        Overview

7.3.2        Hardware: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

7.4         IT Solutions

7.4.1        Overview

7.4.2        IT Solutions: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

8.           Transformer Monitoring System Market Analysis –  By Service

8.1         Overview

8.2         Europe: Transformer Monitoring System Market, by Service

8.3         Bushing Monitoring

8.3.1        Overview

8.3.2        Bushing Monitoring: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

8.4         Oil/Gas Monitoring

8.4.1        Overview

8.4.2        Oil/Gas Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

9.           Transformer Monitoring System Market Analysis – By Application

9.1         Overview

9.2         Europe: Transformer Monitoring System Market, by Application

9.3         Distribution Transformers

9.3.1        Overview

9.3.2        Distribution Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

9.4         Power Transformers

9.4.1        Overview

9.4.2        Power Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

9.5         Others

9.5.1        Overview

9.5.2        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

10.        Transformer Monitoring System Market –  Country Analysis

10.1      Europe: Transformer Monitoring System Market

10.2      Europe: Transformer Monitoring System Market, by Key Country

10.2.1.1       UK: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.1.1       UK: Transformer Monitoring System Market, by Component

10.2.1.1.2       UK: Transformer Monitoring System Market, by Service

10.2.1.1.3       UK: Transformer Monitoring System Market, by Application

10.2.1.2       Germany: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.2.1       Germany: Transformer Monitoring System Market, by Component

10.2.1.2.2       Germany: Transformer Monitoring System Market, by Service

10.2.1.2.3       Germany: Transformer Monitoring System Market, by Application

10.2.1.3       France: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.3.1       France: Transformer Monitoring System Market, by Component

10.2.1.3.2       France: Transformer Monitoring System Market, by Service

10.2.1.3.3       France: Transformer Monitoring System Market, by Application

10.2.1.4       Italy: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.4.1       Italy: Transformer Monitoring System Market, by Component

10.2.1.4.2       Italy: Transformer Monitoring System Market, by Service

10.2.1.4.3       Italy: Transformer Monitoring System Market, by Application

10.2.1.5       Russia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.5.1       Russia: Transformer Monitoring System Market, by Component

10.2.1.5.2       Russia: Transformer Monitoring System Market, by Service

10.2.1.5.3       Russia: Transformer Monitoring System Market, by Application

10.2.1.6       Rest of Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

10.2.1.6.1       Rest of Europe: Transformer Monitoring System Market, by Component

10.2.1.6.2       Rest of Europe: Transformer Monitoring System Market, by Service

10.2.1.6.3       Rest of Europe: Transformer Monitoring System Market, by Application

11.        Impact of COVID-19 Pandemic on Transformer Monitoring System Market

11.1      Europe: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      Merger and Acquisition

13.        Company Profile

13.1      ABB Ltd.

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Eaton Corporation plc

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Honeywell International Inc.

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Schneider Electric SE

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Siemens AG

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Schweitzer Engineering Laboratories, Inc.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Mitsubishi Electric Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Dynamic Ratings

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

LIST OF TABLES

Table 1.             Europe Transformer Monitoring System Market, by Country – Revenue and Forecast to 2027 (USD Million)

Table 2.             UK: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 3.             UK: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 4.             UK: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 5.             Germany: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 6.             Germany: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 7.             Germany: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 8.             France: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 9.             France: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 10.          France: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 11.          Italy: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 12.          Italy: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 13.          Italy: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 14.          Russia: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 15.          Russia: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 16.          Russia: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027 (US$ Million)

Table 17.          Rest of Europe: Transformer Monitoring System Market, by Component – Revenue and Forecast to 2027 (US$ Million)

Table 18.          Rest of Europe: Transformer Monitoring System Market, by Service – Revenue and Forecast to 2027 (US$ Million)

Table 19.          Rest of Europe: Transformer Monitoring System Market, by Application – Revenue and Forecast to 2027  (US$ Million)

Table 20.          Glossary of Term: Transformer Monitoring System Market

 

LIST OF FIGURES

Figure 1.           Transformer Monitoring System Market Segmentation

Figure 2.           Transformer Monitoring System Market Segmentation – By Country

Figure 3.           Europe Transformer Monitoring System Market Overview

Figure 4.           IT Solutions to Dominate the Market by Component

Figure 5.           Bushing Monitoring Service to Witness Highest Growth During Forecast Period

Figure 6.           Power Transformer to Hold Largest Share During Forecast Period

Figure 7.           Europe- PEST Analysis

Figure 8.           Transformer Monitoring System Market Ecosystem Analysis

Figure 9.           Transformer Monitoring System Market Impact Analysis of Drivers and Restraints

Figure 10.        Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Europe: Transformer Monitoring System Market Revenue Share, by Component (2019 and 2027)

Figure 12.        Hardware: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        IT Solutions: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 14.        Europe: Transformer Monitoring System Market Revenue Share, by Service (2019 and 2027)

Figure 15.        Bushing Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        Oil/Gas Monitoring: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Europe: Transformer Monitoring System Market Revenue Share, by Application (2018 and 2027)

Figure 19.        Distribution Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Power Transformers: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 21.        Others: Transformer Monitoring System Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.        Europe: Transformer Monitoring System Market Revenue Share, by Key Country (2019 and 2027)

Figure 23.        UK: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        Germany: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        France: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.        Italy: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 27.        Russia: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 28.        Rest of Europe: Transformer Monitoring System Market – Revenue and Forecast to 2027 (US$ Million)

Figure 29.        Impact of COVID-19 Pandemic on Market in European Countries

 

The List of Companies - Europe Transformer Monitoring System Market

  1. ABB Ltd.
  2. Eaton Corporation plc
  3. Honeywell International Inc.
  4. Schneider Electric SE
  5. Siemens AG
  6. Schweitzer Engineering Laboratories, Inc.
  7. Mitsubishi Electric Corporation
  8. Dynamic Ratings
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe transformer monitoring system market.

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe transformer monitoring system market, thereby allowing players across the value chain to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

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