Instrument Transformers Market

Industry Overview

The global Instrument Transformers Market was valued at USD 11.1 Billion in 2023 and is projected to reach USD 18.2 Billion by 2030, at a CAGR of 7.9% during the forecast period 2025- 2030.

The transformers are used in the CA system to calculate voltage, current, power, capacity, power factor, frequency, and electrical quantities. AC Device voltage and current are the basic features of Instrument transformers. The power system is very high in voltage and current. The design of the measurement instruments to measure such high voltage and current is extremely difficult and expensive. Measuring instruments for 5 A and 110 V are usually equipped.

Through using transformers with these small rating devices, the calculation of such large electrical volumes can be made possible. Therefore, in modern power systems, these instrument transformers are very common and popular.

Market Analysis of Instrument Transformers

During the 2025-2030 forecast period, the transforming instrument market will increase at a CAGR of more than 3.9 percent. The demand could be influenced by factors such as the rise in the transmission and distribution network and the growth in renewable power plants. However, over the forecast period, delays in projects to expand the power supply are expected to impede market growth.

There is a growing emphasis on extending the power grid to include rural areas in a variety of developing and underdeveloped nations worldwide. Regions including Africa with poor electricity connectivity have introduced numerous roadmaps for the grid to its remote locations. Power Africa, a US-led project, is scheduled to provide 30 GW of power by 2030 and will provide electricity to around 60 million households in remote parts of the country creating an opportunity to expand the operations soon.

Expansion or construction of new distribution and transmission networks ensures that instrument transformers can be installed in greater detail. The transmission network investments in 2018 were up to about 100 billion USD, and in 2012 they were up to 70 billion USD. In addition, existing ventures for electrification. In the years to come, investment is expected to be higher, particularly in developing and underdeveloped countries. In the future, the Atlantic Wind Connection project will be one of the most prominent transmission projects worldwide, with an estimated USD 5 billion investment and two million homes in Southern Virginia likely to be created.

Because of the presence in the regional market of many large and medium players, the global transformer instrument market seems highly fragmented and competitive. Brand launch, agreement & alliance, acquisition, and expansion are the main strategies extracted from the study of recent growth by key players. The instrument transformer manufacturers are based on the competitive edge and are dedicated to designing products that offer optimum performance and comfort.

Global Instrument Transformers Market Report Coverage

Market Segmentation

By Region:

• - Europe
• - North America
• - Asia-Pacific
• - ROW

The highest market share is in North America. During the forecast period, China is anticipated to be the fastest-growing region. Rising energy demand and government efforts to increase the ability of renewable energy sources for power generation would improve the market in this area as well as replace aging power plants.

By Enclosure Type

Based on the enclosure type, the global instrument transformers market is segregated into inddor and outdoor transformers. The category of outdoor transformers is the largest in the industry. The reasons may be attributed to the increased demand in developed countries for long-haul power transmission. The electricity generated in developed countries is situated close to urban areas which also need to be distributed in rural areas. Therefore, the section on outdoor transformers was approved.

By End Users

The demand for energy supply, power storage, industries, and OEMS is focused on end-user technology. The energy utility segment for the forecast period is expected to be the highest CAGR. The power utilities are responsible for maintaining, running, and installing the grid system in accordance with the introduction of the electricity and energy conservation programs consumed. This raises demand in the electricity market.

By Rating:

On the basis of the rating, the global instrument transformers market is segmented into Distribution Voltage, Sub-Transmission Voltage, High Voltage Transmission, Extra High Voltage Transmission and Ultra-High Voltage Transmission. The voltage distribution segment for the forecast period is expected to be the highest CAGR. Transformers range from electricity safety against overload currents to insulation failures to residential and business infrastructures for emergency switches. This raises demand for the voltage delivery market.

By Application

Based on application, the global instrument transformers market is segmented into Relaying, Metering and Protection, Switchgear Assemblies and Transformer & Circuit Breaking Bushing. For the predictive era, it is projected that the Metering and Protection section would have the highest CAGR. The increasing investments in renewable electricity generation, electrification of transport systems, and expansion of electric transmission and distribution systems are responsible for the demand for metering and protection applications. For the transformer instrument, Europe is the second largest market. Due to market expansion through the increase in economic development and the aging infrastructure, this is projected to be a remarkable increase during the forecast era. This leads to investments in intelligent grids, increased power generation, and increasing demand for renewable energy. Another big transformer instrument market is North America. During the forecast period, it is expected to make a substantial contribution. America is one of the world's leading transformer transport nations due to its phenomenal industrialization and urbanization.

Key Players and Competitive Landscape

In 2023, the global demand for transformers was divided. During the forecast era, this pattern will continue.

• ABB Group (Switzerland)
• Siemens Ltd. (Germany)
• General Electric Company (USA)
• Crompton Greaves Ltd. (India)
• Toshiba Corporation (Japan)
• Hyundai Heavy Industries Co. Ltd (South Korea)
• SPX Transformers Solutions (USA)
• Hyosung Corporation (South Korea)
• Bharat Heavy Electricals Limited (India)
• JSHP Transformers (China)
• Mitsubishi Electric Corporation (Japan)

Impact of COVID-19 on Instrument Transformers

In some regions of the world, the spread of the latest COVID-19 pandemic had a major effect on the energy industry. In both the second and third quarters of 2020, demand for instrument transformers has been significantly hit by strict government-implemented locks, cross-border trade controls, and transport. In the pandemic, due to which demand for instrument transformers is projected to decline by 2020, there is also a significant impact of the temporary closing of many manufacturing facilities as well as commercial plants to impede electricity demand.

In the entire energy market, the lockout regulations also have a negative effect on the supply chain, which has hindered manufacturing activities. Furthermore, non-critical investments have become backward by 2020 because of the COVID-19 pandemic which will most likely lead to advancement in new technologies.

Competitive Insights 

Collett, are your industry experts in the heavy lift, transport and jacking & skidding of transformers for the power generation industry.

Recent Developments by Key Players

Collett Transport (a UK company specialising in heavy transport, heavy lift, marine, and transport services) has completed the heavy transport and installation of a 148-tonne transformer at Neilston Grid Stability Facility in Scotland with IQA Elecnor Group.

Primary Research

VynZ Research conducts extensive primary research to understand the market dynamics, validate market data, and have key opinions from industry experts. The key profiles approached within the industry include, CEO, CFO, CTO, President, Vice President, Product Managers, Regional Heads, and Others. Also, end user surveys comprising of consumers are also conducted to understand consumer behavior.

The Instrument Transformers Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• Enclosure Type
  • Indoor Transformers
  • Outdoor Transformers
• End Users
  • Industries and OEMS
  • Power Utilities
  • Power Generations
• Rating
  • Distribution Voltage
  • Sub-Transmission Voltage
  • High Voltage Transmission
  • Extra High Voltage Transmission
  • Ultra-High Voltage Transmission
• Application
  • Relaying
  • Metering and Protection
  • Switchgear Assemblies
  • Transformer and Circuit Breaking Bushing

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

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Source: VynZ Research

1.    Research Overview 

        1.1.    The Report Offers
        1.2.    Market Coverage
                1.2.1.    By Enclosure Type
                1.2.2.    By End Users
                1.2.3.    By Rating
                1.2.3.    By Application
        1.3.    Research Phases
        1.4.    Limitations
        1.5.    Research Methodology
                1.5.1.    Data Sources
                        1.5.1.1.    Primary Research
                        1.5.1.2.    Secondary Research
                1.5.2.    Methodology
                        1.5.2.1.    Data Exploration
                        1.5.2.2.    Forecast Parameters
                        1.5.2.3.    Data Validation
                        1.5.2.4.    Assumptions
                1.5.3.    Study Period & Data Reporting Unit

2.    Executive Summary

3.    Industry Overview

        3.1.    Industry Dynamics
                3.1.1.    Market Growth Drivers
                3.1.2.    Market Restraints
                3.1.3.    Key Market Trends
                3.1.4.    Major Opportunities
        3.2.    Industry Ecosystem
                3.2.1.    Porter’s Five Forces Analysis
                3.2.2.    Recent Development Analysis
                3.2.3.    Value Chain Analysis
        3.3.    Competitive Insight
                3.3.1.    Competitive Position of Industry Players
                3.3.2.    Market Attractive Analysis

4.    Global Market Estimate and Forecast

        4.1.    Global Market Overview
        4.2.    Global Market Estimate and Forecast to 2030

5.    Market Segmentation Estimate and Forecast

        5.1.    By Enclosure Type
                5.1.1.    Indoor Transformers
                        5.1.1.1.    Market Definition
                        5.1.1.2.    Market Estimation and Forecast to 2030
                5.1.2.    Outdoor Transformers
                        5.1.2.1.    Market Definition
                        5.1.2.2.    Market Estimation and Forecast to 2030
        5.2.    By End Users
                5.2.1.    Industries and OEMS
                        5.2.1.1.    Market Definition
                        5.2.1.2.    Market Estimation and Forecast to 2030
                5.2.2.    Power Utilities
                        5.2.2.1.    Market Definition
                        5.2.2.2.    Market Estimation and Forecast to 2030
                5.2.3.    Power Generations
                        5.2.3.1.    Market Definition
                        5.2.3.2.    Market Estimation and Forecast to 2030
        5.3.    By Rating
                5.3.1.    Distribution Voltage
                        5.3.1.1.    Market Definition
                        5.3.1.2.    Market Estimation and Forecast to 2030
                5.3.2.    Sub-Transmission Voltage
                        5.3.2.1.    Market Definition
                        5.3.2.2.    Market Estimation and Forecast to 2030
                5.3.3.    High Voltage Transmission
                        5.3.3.1.    Market Definition
                        5.3.3.2.    Market Estimation and Forecast to 2030
                5.3.4.    Extra High Voltage Transmission
                        5.3.4.1.    Market Definition
                        5.3.4.2.    Market Estimation and Forecast to 2030
                5.3.5.    Ultra-High Voltage Transmission
                        5.3.5.1.    Market Definition
                        5.3.5.2.    Market Estimation and Forecast to 2030
        5.4.    By Application
                5.4.1.    Relaying
                        5.4.1.1.    Market Definition
                        5.4.1.2.    Market Estimation and Forecast to 2030
                5.4.2.    Metering and Protection
                        5.4.2.1.    Market Definition
                        5.4.2.2.    Market Estimation and Forecast to 2030
                5.4.3.    Switchgear Assemblies
                        5.4.3.1.    Market Definition
                        5.4.3.2.    Market Estimation and Forecast to 2030
                5.4.4.    Transformer and Circuit Breaking Bushing
                        5.4.4.1.    Market Definition
                        5.4.4.2.    Market Estimation and Forecast to 2030

6.    North America Market Estimate and Forecast

        6.1.    By Enclosure Type
        6.2.    By End Users
        6.3.    By Rating
        6.4.    By Application
        6.5.    By Country
                6.5.1.    U.S. Market Estimate and Forecast
                6.5.2.    Canada Market Estimate and Forecast
                6.5.3.    Mexico Market Estimate and Forecast

7.    Europe Market Estimate and Forecast

        7.1.    By Enclosure Type
        7.2.    By End Users
        7.3.    By Rating
        7.4.    By Application
        7.5.    By Country
                7.5.1.    Germany Market Estimate and Forecast
                7.5.2.    France Market Estimate and Forecast
                7.5.3.    U.K. Market Estimate and Forecast
                7.5.4.    Italy Market Estimate and Forecast
                7.5.5.    Spain Market Estimate and Forecast
                7.5.6.    Russia Market Estimate and Forecast
                7.5.7.    Rest of Europe Market Estimate and Forecast

8.    Asia-Pacific Market Estimate and Forecast

        8.1.    By Enclosure Type
        8.2.    By End Users
        8.3.    By Rating
        8.4.    By Application
        8.5.    By Country 
                8.5.1.    China Market Estimate and Forecast
                8.5.2.    Japan Market Estimate and Forecast
                8.5.3.    India Market Estimate and Forecast
                8.5.4.    South Korea Market Estimate and Forecast
                8.5.5.    Rest of Asia-Pacific Market Estimate and Forecast

9.    Rest of the World (RoW) Market Estimate and Forecast

        9.1.    By Enclosure Type
        9.2.    By End Users
        9.3.    By Rating
        9.4.    By Application
        9.5.    By Country
                9.5.1.    Brazil Market Estimate and Forecast
                9.5.2.    Saudi Arabia Market Estimate and Forecast
                9.5.3.    South Africa Market Estimate and Forecast
                9.5.4.    U.A.E. Market Estimate and Forecast
                9.5.5.    Other Countries Market Estimate and Forecast

10.    Company Profiles

        10.1.    ABB Group (Switzerland)
                10.1.1.    Snapshot
                10.1.2.    Overview
                10.1.3.    Offerings
                10.1.4.    Financial Insight
                10.1.5.    Recent Developments
        10.2.    Siemens Ltd. (Germany)    
                10.2.1.    Snapshot
                10.2.2.    Overview
                10.2.3.    Offerings
                10.2.4.    Financial Insight
                10.2.5.    Recent Developments
        10.3.     General Electric Company (USA)
                10.3.1.    Snapshot
                10.3.2.    Overview
                10.3.3.    Offerings
                10.3.4.    Financial Insight
                10.3.5.    Recent Developments
        10.4.     Crompton Greaves Ltd. (India)
                10.4.1.    Snapshot
                10.4.2.    Overview
                10.4.3.    Offerings
                10.4.4.    Financial Insight
                10.4.5.    Recent Developments
        10.5.     Toshiba Corporation (Japan)
                10.5.1.    Snapshot
                10.5.2.    Overview
                10.5.3.    Offerings
                10.5.4.    Financial Insight
                10.5.5.    Recent Developments
        10.6.     Hyundai Heavy Industries Co. Ltd (South Korea)
                10.6.1.    Snapshot
                10.6.2.    Overview
                10.6.3.    Offerings
                10.6.4.    Financial Insight
                10.6.5.    Recent Developments
        10.7.     SPX Transformers Solutions (USA)
                10.7.1.    Snapshot
                10.7.2.    Overview
                10.7.3.    Offerings
                10.7.4.    Financial Insight
                10.7.5.    Recent Developments
        10.8.     Hyosung Corporation (South Korea)
                10.8.1.    Snapshot
                10.8.2.    Overview
                10.8.3.    Offerings
                10.8.4.    Financial Insight
                10.8.5.    Recent Developments
        10.9.     Bharat Heavy Electricals Limited (India)
                10.9.1.    Snapshot
                10.9.2.    Overview
                10.9.3.    Offerings
                10.9.4.    Financial Insight
                10.9.5.    Recent Developments
        10.10.    JSHP Transformers (China)
                10.10.1.    Snapshot
                10.10.2.    Overview
                10.10.3.    Offerings
                10.10.4.    Financial Insight
                10.10.5.    Recent Developments
        10.11.    Mitsubishi Electric Corporation (Japan)
                10.11.1.    Snapshot
                10.11.2.    Overview
                10.11.3.    Offerings
                10.11.4.    Financial Insight
                10.11.5.    Recent Developments

11.    Appendix

        11.1.    Exchange Rates
        11.2.    Abbreviations

Note: Financial insight and recent developments of different companies are subject to availability of information in secondary domain.

List of Tables

Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Instrument Transformers Market Size, by Enclosure Type, 2018 - 2023 (USD Billion)
Table 5 Global Instrument Transformers Market Size, by Enclosure Type, 2025 - 2030 (USD Billion)
Table 6 Global Instrument Transformers Market Size, by End User, 2018 - 2023 (USD Billion)
Table 7 Global Instrument Transformers Market Size, by End User, 2025 - 2030 (USD Billion)
Table 8 Global Instrument Transformers Market Size, by Rating, 2018 - 2023 (USD Billion)
Table 9 Global Instrument Transformers Market Size, by Rating, 2025 - 2030 (USD Billion)
Table 10 Global Instrument Transformers Market Size, by Application, 2018 - 2023 (USD Billion)
Table 11 Global Instrument Transformers Market Size, by Application, 2025 - 2030 (USD Billion)
Table 12 Global Instrument Transformers Market Size, by Region, 2018 - 2023 (USD Billion)
Table 13 Global Instrument Transformers Market Size, by Region, 2025 - 2030 (USD Billion)
Table 14 North America Instrument Transformers Market Size, by Enclosure Type, 2018 - 2023 (USD Billion)
Table 15 North America Instrument Transformers Market Size, by Enclosure Type, 2025 - 2030 (USD Billion)
Table 16 North America Instrument Transformers Market Size, by End User, 2018 - 2023 (USD Billion)
Table 17 North America Instrument Transformers Market Size, by End User, 2025 - 2030 (USD Billion)
Table 18 North America Instrument Transformers Market Size, by Rating, 2018 - 2023 (USD Billion)
Table 19 North America Instrument Transformers Market Size, by Rating, 2025 - 2030 (USD Billion)
Table 20 North America Instrument Transformers Market Size, by Application, 2018 - 2023 (USD Billion)
Table 21 North America Instrument Transformers Market Size, by Application, 2025 - 2030 (USD Billion)
Table 22 North America Instrument Transformers Market Size, by Country, 2018 - 2023 (USD Billion)
Table 23 North America Instrument Transformers Market Size, by Country, 2025 - 2030 (USD Billion)
Table 24 Europe Instrument Transformers Market Size, by Enclosure Type, 2018 - 2023 (USD Billion)
Table 25 Europe Instrument Transformers Market Size, by Enclosure Type, 2025 - 2030 (USD Billion)
Table 26 Europe Instrument Transformers Market Size, by End User, 2018 - 2023 (USD Billion)
Table 27 Europe Instrument Transformers Market Size, by End User, 2025 - 2030 (USD Billion)
Table 28 Europe Instrument Transformers Market Size, by Rating, 2018 - 2023 (USD Billion)
Table 29 Europe Instrument Transformers Market Size, by Rating, 2025 - 2030 (USD Billion)
Table 30 Europe Instrument Transformers Market Size, by Application, 2018 - 2023 (USD Billion)
Table 31 Europe Instrument Transformers Market Size, by Application, 2025 - 2030 (USD Billion)
Table 32 Europe Instrument Transformers Market Size, by Country, 2018 - 2023 (USD Billion)
Table 33 Europe Instrument Transformers Market Size, by Country, 2025 - 2030 (USD Billion)
Table 34 Asia-Pacific Instrument Transformers Market Size, by Enclosure Type, 2018 - 2023 (USD Billion)
Table 35 Asia-Pacific Instrument Transformers Market Size, by Enclosure Type, 2025 - 2030 (USD Billion)
Table 36 Asia-Pacific Instrument Transformers Market Size, by End User, 2018 - 2023 (USD Billion)
Table 37 Asia-Pacific Instrument Transformers Market Size, by End User, 2025 - 2030 (USD Billion)
Table 38 Asia-Pacific Instrument Transformers Market Size, by Rating, 2018 - 2023 (USD Billion)
Table 39 Asia-Pacific Instrument Transformers Market Size, by Rating, 2025 - 2030 (USD Billion)
Table 40 Asia-Pacific Instrument Transformers Market Size, by Application, 2018 - 2023 (USD Billion)
Table 41 Asia-Pacific Instrument Transformers Market Size, by Application, 2025 - 2030 (USD Billion)
Table 42 Asia-Pacific Instrument Transformers Market Size, by Country, 2018 - 2023 (USD Billion)
Table 43 Asia-Pacific Instrument Transformers Market Size, by Country, 2025 - 2030 (USD Billion)
Table 44 RoW Instrument Transformers Market Size, by Enclosure Type, 2018 - 2023 (USD Billion)
Table 45 RoW Instrument Transformers Market Size, by Enclosure Type, 2025 - 2030 (USD Billion)
Table 46 RoW Instrument Transformers Market Size, by End User, 2018 - 2023 (USD Billion)
Table 47 RoW Instrument Transformers Market Size, by End User, 2025 - 2030 (USD Billion)
Table 48 RoW Instrument Transformers Market Size, by Rating, 2018 - 2023 (USD Billion)
Table 49 RoW Instrument Transformers Market Size, by Rating, 2025 - 2030 (USD Billion)
Table 50 RoW Instrument Transformers Market Size, by Application, 2018 - 2023 (USD Billion)
Table 51 RoW Instrument Transformers Market Size, by Application, 2025 - 2030 (USD Billion)
Table 52 RoW Instrument Transformers Market Size, by Country, 2018 - 2023 (USD Billion)
Table 53 RoW Instrument Transformers Market Size, by Country, 2025 - 2030 (USD Billion)
Table 54 Snapshot – ABB Group
Table 55 Snapshot – Siemens Ltd.
Table 56 Snapshot – General Electric Company
Table 57 Snapshot – Crompton Greaves Ltd.
Table 58 Snapshot – Toshiba Corporation
Table 59 Snapshot – Hyundai Heavy Industries Co. Ltd
Table 60 Snapshot – SPX Transformers Solutions
Table 61 Snapshot – Hyosung Corporation
Table 62 Snapshot – Bharat Heavy Electricals Limited
Table 63 Snapshot – JSHP Transformers
Table 64 Snapshot – Mitsubishi Electric Corporation

List of Figures

Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Types for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Instrument Transformers Market - Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Instrument Transformers Market Highlight
Figure 12 Global Instrument Transformers Market Size, by Enclosure Type, 2018 - 2030 (USD Billion)
Figure 13 Global Instrument Transformers Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 14 Global Instrument Transformers Market Size, by Rating, 2018 - 2030 (USD Billion)
Figure 15 Global Instrument Transformers Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 16 Global Instrument Transformers Market Size, by Region, 2018 - 2030 (USD Billion)
Figure 17 North America Instrument Transformers Market Highlight
Figure 18 North America Instrument Transformers Market Size, by Enclosure Type, 2018 - 2030 (USD Billion)
Figure 19 North America Instrument Transformers Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 20 North America Instrument Transformers Market Size, by Rating, 2018 - 2030 (USD Billion)
Figure 21 North America Instrument Transformers Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 22 North America Instrument Transformers Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 23 Europe Instrument Transformers Market Highlight
Figure 24 Europe Instrument Transformers Market Size, by Enclosure Type, 2018 - 2030 (USD Billion)
Figure 25 Europe Instrument Transformers Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 26 Europe Instrument Transformers Market Size, by Rating, 2018 - 2030 (USD Billion)
Figure 27 Europe Instrument Transformers Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 28 Europe Instrument Transformers Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Instrument Transformers Market Highlight
Figure 30 Asia-Pacific Instrument Transformers Market Size, by Enclosure Type, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Instrument Transformers Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Instrument Transformers Market Size, by Rating, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific Instrument Transformers Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Instrument Transformers Market Size, by Country, 2018 - 2030 (USD Billion)
Figure 35 RoW Instrument Transformers Market Highlight
Figure 36 RoW Instrument Transformers Market Size, by Enclosure Type, 2018 - 2030 (USD Billion)
Figure 37 RoW Instrument Transformers Market Size, by End User, 2018 - 2030 (USD Billion)
Figure 38 RoW Instrument Transformers Market Size, by Rating, 2018 - 2030 (USD Billion)
Figure 39 RoW Instrument Transformers Market Size, by Application, 2018 - 2030 (USD Billion)
Figure 40 RoW Instrument Transformers Market Size, by Country, 2018 - 2030 (USD Billion)