1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 MARKETS COVERED 16
1.3.2 REGIONAL SCOPE 16
1.3.3 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 STAKEHOLDERS 18

2 RESEARCH METHODOLOGY 19
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 20
2.1.1.1 Key data from secondary sources 20
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 21
2.1.2.2 Key industry insights 22
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 23
2.2.1 BOTTOM-UP APPROACH 23
2.2.2 TOP-DOWN APPROACH 24
2.3 DATA TRIANGULATION 25
2.4 LIMITATIONS 25
2.5 RESEARCH ASSUMPTIONS 26
2.5.1 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 34
4.1 ATTRACTIVE OPPORTUNITIES IN THE INSTRUMENT TRANSFORMERS MARKET 34
4.2 ASIA PACIFIC INSTRUMENT TRANSFORMERS MARKET, BY END-USER & BY COUNTRY 35
4.3 INSTRUMENT TRANSFORMERS MARKET, BY COUNTRY 36
4.4 INSTRUMENT TRANSFORMERS MARKET, BY TYPE 36
4.5 INSTRUMENT TRANSFORMERS MARKET, BY APPLICATION 37
4.6 INSTRUMENT TRANSFORMERS MARKET, BY DIELECTRIC MEDIUM 37
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5 MARKET OVERVIEW 38
5.1 INTRODUCTION 38
5.2 MARKET DYNAMICS 39
5.2.1 DRIVERS 40
5.2.1.1 Rise in alternative energy programs 40
5.2.1.2 Refurbishment of the aging power infrastructure 41
5.2.1.3 Huge investments in smart grids and energy systems 41
5.2.2 RESTRAINTS 42
5.2.2.1 Increasing competition from the unorganized sector of the instrument transformer market 42
5.2.3 OPPORTUNITIES 42
5.2.3.1 Increasing investments in the transmission & distribution infrastructure 42
5.2.3.2 Expanding cross-border electricity trade 43
5.2.3.3 Adoption of the HVDC technology for long distance transmission 44
5.2.4 CHALLENGES 44
5.2.4.1 Delays in grid expansion projects 44

6 INSTRUMENT TRANSFORMERS MARKET, BY TYPE 45
6.1 INTRODUCTION 46
6.2 CURRENT TRANSFORMERS 47
6.3 POTENTIAL TRANSFORMERS 48
6.3.1 INDUCTIVE POTENTIAL TRANSFORMERS 48
6.3.2 CAPACITIVE POTENTIAL TRANSFORMERS 49
6.4 COMBINED INSTRUMENT TRANSFORMERS 49

7 INSTRUMENT TRANSFORMERS MARKET, BY DIELECTRIC MEDIUM 51
7.1 INTRODUCTION 52
7.2 LIQUID DIELECTRIC INSTRUMENT TRANSFORMERS 53
7.3 SF6 GAS DIELECTRIC INSTRUMENT TRANSFORMERS 53
7.4 SOLID DIELECTRIC INSTRUMENT TRANSFORMERS 54

8 INSTRUMENT TRANSFORMERS MARKET, BY VOLTAGE 56
8.1 INTRODUCTION 57
8.2 DISTRIBUTION VOLTAGE 60
8.3 SUB-TRANSMISSION VOLTAGE 61
8.4 HIGH VOLTAGE TRANSMISSION 61
8.5 EXTRA HIGH VOLTAGE TRANSMISSION 62
8.6 ULTRA-HIGH VOLTAGE TRANSMISSION 62
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9 INSTRUMENT TRANSFORMERS MARKET, BY ENCLOSURE TYPE 63
9.1 INTRODUCTION 64
9.2 INDOOR INSTRUMENT TRANSFORMERS 65
9.3 OUTDOOR INSTRUMENT TRANSFORMERS 66

10 INSTRUMENT TRANSFORMERS MARKET, BY APPLICATION 67
10.1 INTRODUCTION 68
10.2 TRANSFORMER & CIRCUIT BREAKER BUSHING 69
10.3 SWITCHGEAR ASSEMBLIES 69
10.4 RELAYING 70
10.5 METERING & PROTECTION 71

11 INSTRUMENT TRANSFORMERS MARKET, BY END-USER 72
11.1 INTRODUCTION 73
11.2 POWER UTILITIES 74
11.2.1 POWER TRANSMISSION UTILITIES 75
11.2.2 POWER DISTRIBUTION UTILITIES 75
11.3 POWER GENERATION 75
11.4 RAILWAYS & METROS 76
11.5 INDUSTRIES & OEMS 76
11.5.1 OIL & GAS 78
11.5.2 IRON & STEEL 78
11.5.3 CEMENT 78
11.5.4 CHEMICALS 78
11.5.5 AUTOMOBILES 79
11.5.6 INDUSTRIAL MACHINERY 79

12 INSTRUMENT TRANSFORMERS MARKET, BY REGION 80
12.1 INTRODUCTION 81
12.2 NORTH AMERICA 82
12.2.1 US 85
12.2.2 CANADA 86
12.2.3 MEXICO 87
12.3 EUROPE 88
12.3.1 GERMANY 91
12.3.2 UK 92
12.3.3 FRANCE 93
12.3.4 SPAIN 94
12.3.5 SWEDEN 95
12.3.6 NORWAY 95
12.3.7 RUSSIA 96
12.3.8 REST OF EUROPE 97
12.4 ASIA PACIFIC 98
12.4.1 CHINA 102
12.4.2 INDIA 103
12.4.3 JAPAN 104
12.4.4 SOUTH KOREA 105
12.4.5 AUSTRALIA 105
12.4.6 REST OF ASIA PACIFIC 106
12.5 MIDDLE EAST 107
12.5.1 SAUDI ARABIA 111
12.5.2 UAE 112
12.5.3 QATAR 112
12.5.4 REST OF THE MIDDLE EAST 113
12.6 SOUTH AMERICA 114
12.6.1 BRAZIL 117
12.6.2 ARGENTINA 117
12.6.3 CHILE 118
12.6.4 REST OF SOUTH AMERICA 119
12.7 AFRICA 120
12.7.1 SOUTH AFRICA 123
12.7.2 KENYA 124
12.7.3 NIGERIA 125
12.7.4 REST OF AFRICA 126

13 COMPETITIVE LANDSCAPE 127
13.1 INTRODUCTION 127
13.2 MARKET RANKING ANALYSIS 128
13.3 COMPETITIVE SCENARIO 128
13.3.1 CONTRACTS & AGREEMENTS 129
13.3.2 INVESTMENTS & EXPANSIONS 130
13.3.3 MERGERS & ACQUISITIONS 131
13.3.4 JOINT VENTURES 131

14 COMPANY PROFILES 132
(Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 ABB 132
14.2 GE 136
14.3 MITSUBISHI ELECTRIC 139
14.4 SCHNEIDER ELECTRIC 142
14.5 SIEMENS 145
14.6 ARTECHE 148
14.7 BHEL 150
14.8 CG POWER 152
14.9 NISSIN ELECTRIC 154
14.10 EMEK 156
14.11 INDIAN TRANSFORMERS COMPANY 157
14.12 INSTRUMENT TRANSFORMER EQUIPMENT 158
14.13 KON?AR-INSTRUMENT TRANSFORMERS 159
14.14 PFIFFNER INSTRUMENT TRANSFORMERS 161
14.15 RITZ INSTRUMENT TRANSFORMERS 162
*Details on Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.

15 APPENDIX 163
15.1 INSIGHTS OF INDUSTRY EXPERTS 163
15.2 DISCUSSION GUIDE 164
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 167
15.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE 169
15.5 AVAILABLE CUSTOMIZATIONS 170
15.6 RELATED REPORTS 170
15.7 AUTHOR DETAILS 171