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Global Transformer Monitoring Solutions Market Share,
Size, Emerging Trends and Growth, Global Insights,
Analysis and Forecasts 2016-2020
Transformer monitoring solutions play a significant role in monitoring and diagnosing transformer's
health. Monitoring solutions help power utilities and end-users in the timely detection and identification
of problems in transformers. This helps in reducing repairing costs. Transformer monitoring solutions
integrate sensors, data management, and analysis with software applications. A monitoring solution
collects data from the sensors and converts them into useable data. These monitoring solutions are
mainly used by the power utility sector.
Technavio's analysts forecast the global transformer monitoring solutions market to grow at a CAGR of
36% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global transformer monitoring
solutions market for 2016-2020.
The market is divided into the following segments based on geography:
Americas
APAC
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EMEA
Technavio's report, Global Transformer Monitoring Solutions Market 2016-2020, has been prepared
based on an in-depth market analysis with inputs from industry experts. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion of the
Key vendors operating in this market.
Market driver
Increased demand for electricity from emerging countries
For a full, detailed list, view our report
Market challenge
Lack of awareness about transformer monitoring solutions
For a full, detailed list, view our report
Market trend
Introduction of automated high voltage transformer monitoring...