India Instrument Transformers Market to be Dominated by Current Transformers Segment Through 2028
Upgradation of power infrastructure along with advancement of
technologies are the major factors expected to drive the India Instrument
Transformers Market growth during the forecast period of 2024-2028.
According to TechSci Research report, India Instrument Transformers Market - By Region,
Competition, Forecast & Opportunities, 2018-2028, the
India Instrument Transformers Market is expected to register robust growth during the forecast period, 2024-2028.
Potential
transformers play an important role in the protection circuits of industrial
and commercial power systems. They are auxiliary devices used for measuring
current and voltage. They reproduce the current or voltage of the primary
circuit in the secondary circuit in specified and known ratios suitable for use
in protective devices, the phase relationship being inherently preserved. They
are used to protect people and equipment from high voltages and to allow the
use of appropriate and standardized insulation levels and current ratings in
circuits of protective equipment. The high accuracy required for meters and
instruments is not mandatory for protection purposes. Since the protection and
tuning of the system is the subject, we will not deal with the aspect of high
measurement accuracy. Two common types are current transformers used for
current measurement & potential transformers used for voltage measurements.
They are used to convert primary voltage or current to values suitable for
measuring devices such as voltmeters, ammeters, wattmeter, energy meters,
varmeters, frequency meters, as well as protective relays and control devices. Moreover,
they act as insulation between equipment and high voltage circuits. It also has
commercial advantages. Generation, transmission and distribution networks have
different voltage levels. Developing equipment that can safely operate at all
these voltage levels and maintain a huge inventory is highly impractical.
Manufacturers have developed meters suitable for 120 V or 5 A and, in
combination with a suitable potential transformer, can be connected to high
voltage And high current circuits.
Browse over XX market data Figures spread
through 70 Pages and an in-depth TOC on the “India Instrument Transformers Market.”
The India Instrument Transformers
Market is segmented into type, dielectric medium, voltage, enclosure type,
cooling type, phase, application, end user, and region. Based on type, the
market is further divided into current transformers, potential transformers, and
combined instrument transformers. During the forecast
period, Current Transformers segment is
expected to dominate the India Instrument Transformers market. A
current transformer (a type of voltage transformer) serves to transform the
primary current into a secondary current suitable for the connected measuring
device. These transformers are series-connected electromagnetic devices
consisting of copper wound coils, electrical steel sheets, and iron ore.
Alternating current (AC) can be increased or decreased. The basic principle of
a current transformer is that when an alternating current flows through the
primary winding, alternating magnetic flux is generated, which induces a
proportional alternating current in the secondary winding. In addition, there
are important operational differences between current transformers and
transformers. Current transformers mainly consist of one or several turns as
the primary winding. It can be a solid wire around a core, or a rod or
conductor threaded through a hole. In comparison, the secondary winding is
wound with many turns on the low-loss magnetic material of the laminated core. Current
transformers have a wide range of applications, such as expanding the range of
measuring devices such as energy meters, wattmeter, KVA meters, ammeters,
overcurrent fault protection, and differential circuit current protection
systems. Advantages of current transformers also include high current
measurement, high electrical isolation, effective measurement, ease of
maintenance and installation, and safe AC measurement.
Key market players in the India Instrument Transformers Market: -
- ABB
India Ltd.
- GE
Power India Limited
- Siemens
Limited
- Arteche
Smartgrid India Private Limited
- PFIFFNER
Instrument Transformers Pvt. Ltd.
- Schneider
Electric India Pvt. Ltd.
- Eaton
Technologies Pvt. Ltd.
- Mitsubishi
Electric India Pvt. Ltd.
- CG
Power and Industrial Solutions Ltd.
- Bharat
Heavy Electricals Limited
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"India Instrument
Transformers Market is expected to grow owing to increasing investment in power
generation sector due to expansion of power grids and upgradation of the
existing network. Demand for instruments measuring is expected to increase as
fluctuations in power may cause the instrument which is being used to malfunction,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“India Instrument Transformers Market By
Type (Current Transformers, Potential Transformers, Combined Instrument Transformers),
By Dielectric Medium (Liquid Dielectric, SF6 Gas Dielectric, Solid Dielectric),
By Voltage (Distribution Voltage, Sub-Transmission Voltage, High Voltage
Transmission, Extra High Voltage Transmission, Ultra-High Voltage
Transmission), By Enclosure Type (Indoor & Outdoor), By Cooling Type (Dry
& Oil Immersed), By Phase (Single & Three), By Application (Transformer
& Circuit Breaker Bushing, Switchgear Assemblies, Relaying, Metering &
Protection), By End User (Power Generation, Railways & Metros, Industries
& OEMs, Others), By Region, Competition, Forecast & Opportunities,
2018-2028” has evaluated the future growth potential
of India Instrument Transformers market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the India Instrument Transformers market.
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