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Global Transformer Monitoring Solutions Market 2015-2019 - Market to grow at a CAGR of 46.09% with ABB, Alstom, GE & Siemens DominatingDUBLIN, Apr. 20, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/zfdfvq/global) has announced the addition of the "Global Transformer Monitoring Solutions Market 2015-2019" report to their offering. The Global Transformer Monitoring Solutions market to grow at a CAGR of 46.09% over the period 2014-2019. Increased monitoring of distribution transformeris oe of the key trends upcoming in the market. The power utility company has started using secondary transformer monitors, which are sed to monitor pole-mounted, vault, and pad-mounted distribution transformers. According to the report, the need for replacement and upgrading of aging transformers is one of the major drivers for the market. This replacement and upgrading of transformers all over the globe is propelling the demand for transformer monitoring solutions. Further, the report states that the lack of awareness of transformer monitoring solutions is one of the major challenges in this market. The end-users such as utilities and industrial are not well informed about the availability and benefits of these monitoring solutions. To calculate the market size and vendor share, the report considers the following:
Key Vendors
Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/zfdfvq/global Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-transformer-monitoring-solutions-market-2015-2019---market-to-grow-at-a-cagr-of-4609-with-abb-alstom-ge--siemens-dominating-300068453.html SOURCE Research and Markets |