The global Transformer Monitoring Devices market size is predicted to grow from US$ 2290 million in 2025 to US$ 3404 million in 2031; it is expected to grow at a CAGR of 6.8% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Transformer Monitoring Devices are specialized electronic systems used to continuously observe, measure, and analyze the operational conditions of power transformers. These devices track parameters such as temperature, load, oil level, dissolved gases, moisture, and partial discharge, allowing utilities to assess transformer health in real time, predict failures, and schedule preventive maintenance. They enhance grid reliability, extend transformer life, and reduce the risk of unplanned outages.
United States market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Transformer Monitoring Devices is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Transformer Monitoring Devices players cover GE, Hitachi Energy, Siemens, Eaton, Doble Engineering Company, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
The 鈥淭ransformer Monitoring Devices Industry Forecast鈥� looks at past sales and reviews total world Transformer Monitoring Devices sales in 2024, providing a comprehensive analysis by region and market sector of projected Transformer Monitoring Devices sales for 2025 through 2031. With Transformer Monitoring Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Transformer Monitoring Devices industry.
This Insight Report provides a comprehensive analysis of the global Transformer Monitoring Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Transformer Monitoring Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Transformer Monitoring Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transformer Monitoring Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Transformer Monitoring Devices.
This report presents a comprehensive overview, market shares, and growth opportunities of Transformer Monitoring Devices market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
DGA Devices
Partial Discharge (PD)
Bushing Monitoring
Others
Segmentation by Application:
Power Transformers
Distribution Transformers
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GE
Hitachi Energy
Siemens
Eaton
Doble Engineering Company
Mitsubishi
Weidmann
Qualitrol
Koncar
Vaisala
Schweitzer Engineering Laboratories
Camlin Group
LGOM
Key Questions Addressed in this Report
What is the 10-year outlook for the global Transformer Monitoring Devices market?
What factors are driving Transformer Monitoring Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Transformer Monitoring Devices market opportunities vary by end market size?
How does Transformer Monitoring Devices break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Transformer Monitoring Devices Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Transformer Monitoring Devices by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Transformer Monitoring Devices by Country/Region, 2020, 2024 & 2031
2.2 Transformer Monitoring Devices Segment by Type
2.2.1 DGA Devices
2.2.2 Partial Discharge (PD)
2.2.3 Bushing Monitoring
2.2.4 Others
2.3 Transformer Monitoring Devices Sales by Type
2.3.1 Global Transformer Monitoring Devices Sales Market Share by Type (2020-2025)
2.3.2 Global Transformer Monitoring Devices Revenue and Market Share by Type (2020-2025)
2.3.3 Global Transformer Monitoring Devices Sale Price by Type (2020-2025)
2.4 Transformer Monitoring Devices Segment by Application
2.4.1 Power Transformers
2.4.2 Distribution Transformers
2.5 Transformer Monitoring Devices Sales by Application
2.5.1 Global Transformer Monitoring Devices Sale Market Share by Application (2020-2025)
2.5.2 Global Transformer Monitoring Devices Revenue and Market Share by Application (2020-2025)
2.5.3 Global Transformer Monitoring Devices Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Transformer Monitoring Devices Breakdown Data by Company
3.1.1 Global Transformer Monitoring Devices Annual Sales by Company (2020-2025)
3.1.2 Global Transformer Monitoring Devices Sales Market Share by Company (2020-2025)
3.2 Global Transformer Monitoring Devices Annual Revenue by Company (2020-2025)
3.2.1 Global Transformer Monitoring Devices Revenue by Company (2020-2025)
3.2.2 Global Transformer Monitoring Devices Revenue Market Share by Company (2020-2025)
3.3 Global Transformer Monitoring Devices Sale Price by Company
3.4 Key Manufacturers Transformer Monitoring Devices Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Transformer Monitoring Devices Product Location Distribution
3.4.2 Players Transformer Monitoring Devices Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Transformer Monitoring Devices by Geographic Region
4.1 World Historic Transformer Monitoring Devices Market Size by Geographic Region (2020-2025)
4.1.1 Global Transformer Monitoring Devices Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Transformer Monitoring Devices Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Transformer Monitoring Devices Market Size by Country/Region (2020-2025)
4.2.1 Global Transformer Monitoring Devices Annual Sales by Country/Region (2020-2025)
4.2.2 Global Transformer Monitoring Devices Annual Revenue by Country/Region (2020-2025)
4.3 Americas Transformer Monitoring Devices Sales Growth
4.4 APAC Transformer Monitoring Devices Sales Growth
4.5 Europe Transformer Monitoring Devices Sales Growth
4.6 Middle East & Africa Transformer Monitoring Devices Sales Growth
5 Americas
5.1 Americas Transformer Monitoring Devices Sales by Country
5.1.1 Americas Transformer Monitoring Devices Sales by Country (2020-2025)
5.1.2 Americas Transformer Monitoring Devices Revenue by Country (2020-2025)
5.2 Americas Transformer Monitoring Devices Sales by Type (2020-2025)
5.3 Americas Transformer Monitoring Devices Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Transformer Monitoring Devices Sales by Region
6.1.1 APAC Transformer Monitoring Devices Sales by Region (2020-2025)
6.1.2 APAC Transformer Monitoring Devices Revenue by Region (2020-2025)
6.2 APAC Transformer Monitoring Devices Sales by Type (2020-2025)
6.3 APAC Transformer Monitoring Devices Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Transformer Monitoring Devices by Country
7.1.1 Europe Transformer Monitoring Devices Sales by Country (2020-2025)
7.1.2 Europe Transformer Monitoring Devices Revenue by Country (2020-2025)
7.2 Europe Transformer Monitoring Devices Sales by Type (2020-2025)
7.3 Europe Transformer Monitoring Devices Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Transformer Monitoring Devices by Country
8.1.1 Middle East & Africa Transformer Monitoring Devices Sales by Country (2020-2025)
8.1.2 Middle East & Africa Transformer Monitoring Devices Revenue by Country (2020-2025)
8.2 Middle East & Africa Transformer Monitoring Devices Sales by Type (2020-2025)
8.3 Middle East & Africa Transformer Monitoring Devices Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Transformer Monitoring Devices
10.3 Manufacturing Process Analysis of Transformer Monitoring Devices
10.4 Industry Chain Structure of Transformer Monitoring Devices
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Transformer Monitoring Devices Distributors
11.3 Transformer Monitoring Devices Customer
12 World Forecast Review for Transformer Monitoring Devices by Geographic Region
12.1 Global Transformer Monitoring Devices Market Size Forecast by Region
12.1.1 Global Transformer Monitoring Devices Forecast by Region (2026-2031)
12.1.2 Global Transformer Monitoring Devices Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Transformer Monitoring Devices Forecast by Type (2026-2031)
12.7 Global Transformer Monitoring Devices Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 GE
13.1.1 GE Company Information
13.1.2 GE Transformer Monitoring Devices Product Portfolios and Specifications
13.1.3 GE Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 GE Main Business Overview
13.1.5 GE Latest Developments
13.2 Hitachi Energy
13.2.1 Hitachi Energy Company Information
13.2.2 Hitachi Energy Transformer Monitoring Devices Product Portfolios and Specifications
13.2.3 Hitachi Energy Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Hitachi Energy Main Business Overview
13.2.5 Hitachi Energy Latest Developments
13.3 Siemens
13.3.1 Siemens Company Information
13.3.2 Siemens Transformer Monitoring Devices Product Portfolios and Specifications
13.3.3 Siemens Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Siemens Main Business Overview
13.3.5 Siemens Latest Developments
13.4 Eaton
13.4.1 Eaton Company Information
13.4.2 Eaton Transformer Monitoring Devices Product Portfolios and Specifications
13.4.3 Eaton Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Eaton Main Business Overview
13.4.5 Eaton Latest Developments
13.5 Doble Engineering Company
13.5.1 Doble Engineering Company Company Information
13.5.2 Doble Engineering Company Transformer Monitoring Devices Product Portfolios and Specifications
13.5.3 Doble Engineering Company Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Doble Engineering Company Main Business Overview
13.5.5 Doble Engineering Company Latest Developments
13.6 Mitsubishi
13.6.1 Mitsubishi Company Information
13.6.2 Mitsubishi Transformer Monitoring Devices Product Portfolios and Specifications
13.6.3 Mitsubishi Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Mitsubishi Main Business Overview
13.6.5 Mitsubishi Latest Developments
13.7 Weidmann
13.7.1 Weidmann Company Information
13.7.2 Weidmann Transformer Monitoring Devices Product Portfolios and Specifications
13.7.3 Weidmann Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Weidmann Main Business Overview
13.7.5 Weidmann Latest Developments
13.8 Qualitrol
13.8.1 Qualitrol Company Information
13.8.2 Qualitrol Transformer Monitoring Devices Product Portfolios and Specifications
13.8.3 Qualitrol Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Qualitrol Main Business Overview
13.8.5 Qualitrol Latest Developments
13.9 Koncar
13.9.1 Koncar Company Information
13.9.2 Koncar Transformer Monitoring Devices Product Portfolios and Specifications
13.9.3 Koncar Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Koncar Main Business Overview
13.9.5 Koncar Latest Developments
13.10 Vaisala
13.10.1 Vaisala Company Information
13.10.2 Vaisala Transformer Monitoring Devices Product Portfolios and Specifications
13.10.3 Vaisala Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Vaisala Main Business Overview
13.10.5 Vaisala Latest Developments
13.11 Schweitzer Engineering Laboratories
13.11.1 Schweitzer Engineering Laboratories Company Information
13.11.2 Schweitzer Engineering Laboratories Transformer Monitoring Devices Product Portfolios and Specifications
13.11.3 Schweitzer Engineering Laboratories Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Schweitzer Engineering Laboratories Main Business Overview
13.11.5 Schweitzer Engineering Laboratories Latest Developments
13.12 Camlin Group
13.12.1 Camlin Group Company Information
13.12.2 Camlin Group Transformer Monitoring Devices Product Portfolios and Specifications
13.12.3 Camlin Group Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Camlin Group Main Business Overview
13.12.5 Camlin Group Latest Developments
13.13 LGOM
13.13.1 LGOM Company Information
13.13.2 LGOM Transformer Monitoring Devices Product Portfolios and Specifications
13.13.3 LGOM Transformer Monitoring Devices Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 LGOM Main Business Overview
13.13.5 LGOM Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
