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Global Transformer Monitoring Solutions Market 2015-2019

11/30/2015

 USA, New York: A new report by TechNavio is available titled “Global Transformer Monitoring Solutions Market 2015-2019.”

According to the report, the global transformer monitoring solutions market is forcast to grow at a CAGR of 46.09 percent over the period 2014-2019, reports Sys-Con.

The report cites replacement and upgrade of old transformers as main market drivers, while the challenging factor in the market is lack of awareness of transformer monitoring solutions.

The analysis of the market size and vendor share is conducted on the basis of sales of transformer monitoring solutions, provision of support and provision of maintenance.

The key vendors profiled in the report include ABB, Alstom, GE and Siemens, among others.

Source: Sys-Con