TBIQYR4363-Global Magneto Optic Current Transformer Market Research Report 2019

                                          
The Magneto Optic Current Transformer (MOCT) measures the rotation angle caused by the magnetic field and converts it into a signal of few volts proportional to the electric currant. It consist of a sensor head located near the current carrying conductor, an electronic signal processing unit and fiber optical cables linking to these two parts. The sensor head consist of only optical component such as fiber optical cables, lenses, polarizers, glass prisms, mirrors etc. the signal is brought down by fiber optical cables to the signal processing unit and there is no need to use the metallic wires to transfer the signal. 
Currently, The global current transformer market is highly concentrated, the technical barriers and financial barriers of high-end Magneto Optic Current Transformer are relatively high. The companies in the world that produce Magneto Optic Current Transformer mainly concentrate in North America, China and Europe, Raw materials are also concentrated in these regions. In particular, as the market leader in Magneto Optic Current Transformer, ABB take the global market share of 16.85% in 2016, other key manufacturers include Profotech, The Trench Group, Arteche, NR Electric Co, T&D. The production of Magneto Optic Current Transformer increased from 45716 Units in 2012 to 78415 Units in 2017, with an average growth rate of 11.4%.

In consumption market, the growth rate of global consumption is smooth relatively. China, North America and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy. 

The growth of the Magneto Optic Current Transformer market is largely driven by downstream applications. What is more, governments of numerous countries are encouraging the adoption of new kinds of current transformer as they are eco-friendly and cost-efficient.

Although sales of Magneto Optic Current Transformer brought some opportunities, the study group recommends the new entrants who has not technical advantage and downstream support do not enter into the Magneto Optic Current Transformer field. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. What is more, the company in this industry should pay attention to their R&D, innovation and services, then they may get the competition advantage, and get a bigger market share.

Magneto Optic Current Transformer eliminates many of the drawbacks of the conventional current transformers. By applying Faraday's principle, Magneto Optic Current Transformer provides an easier and more accurate way of current measurements. This Magneto Optic Current Transformer is widely used in power systems and substations nowadays.


The global Magneto Optic Current Transformer market is valued at 160 million US$ in 2018 is expected to reach 290 million US$ by the end of 2025, growing at a CAGR of 7.6% during 2019-2025.
This report focuses on Magneto Optic Current Transformer volume and value at global level, regional level and company level. From a global perspective, this report represents overall Magneto Optic Current Transformer market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ABB
    Profotech
    The Trench Group
    Arteche
    NR Electric Co
    T&D
    ...

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Fiber Type
    Non Fiber Type

Segment by Application
    Transformer
    Power Systems and Instrumentations
    Modern Electronic Meters
    Transmission Line- Bus
    Breaker-Or Distribution Schemes
    Others