Instrument Transformer Global Market Report 2023: Rising Energy Consumption, Increasing Renovation of the Existing Grid Networks, and Widespread Utilization in Renewable Power Stations Boosts Growth - ResearchAndMarkets.com
Rising energy consumption, increasing renovation of the existing grid networks, and widespread product utilization in renewable power stations represent some of the key factors driving the market.
- Rising energy consumption, increasing renovation of the existing grid networks, and widespread product utilization in renewable power stations represent some of the key factors driving the market.
- Instrument transformer refers to electrical devices that step down transmission and distribution line voltages and currents to safe operating levels.
- Instrument transformers are widely used to isolate instruments from high-voltage circuits and to measure several electrical parameters, including current, voltage, energy, frequency, and power.
- The report has also provided a detailed breakup and analysis of the instrument transformer market based on the type.