New Global Transformer Monitoring Solutions Market 2015-2019

Ireland, Dublin: Research and Markets has announced the addition of the "Global Transformer Monitoring Solutions Market 2015-2019" report to their offering.

 


Ireland, Dublin: Research and Markets has announced the addition of the “Global Transformer Monitoring Solutions Market 2015-2019” report to their offering.

According to the report, global transformer monitoring solutions market is expected to grow at a CAGR of 46.09% over the period 2014-2019, reports Globe Newswire.

Increased monitoring of distribution transformers is one of the key trends upcoming in the market.

The need for replacement and upgrading of aging transformers, which is present globally, is one of the major drivers for the market, propelling the demand for transformer monitoring solutions.

The key vendors mentioned in the report include ABB, Alstom, GE and Siemens, as well as CG, Eaton, Hyosung Power & Industrial Systems Performance Group, Hyundai Heavy Industries, Schneider Electric, Tebian Electric Apparatus Stock, etc.

Source: Globe Newswire