AC Voltage Transducers Market, Forecast – 2022 – 2028

AC Voltage Transducers Market Overview: The study is consolidated into major segments and further into sub-segments, such as by Type (Single Function, Multi-Function), By Application (Industrial Use, Commercial Use), to forecast the AC Voltage Transducers market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.

Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including NK Technologies, Ohio Semitronics, Eltime Controls, AMETEK, Tsuruga Electric.

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North America: U.S., Canada, Mexico

Alternating current (AC) voltage transducers are used to measure the magnitude and phase of alternating current (AC) signals. AC voltage transducers in general have a convertor input to separate the transducer from the voltage input. Alternating current (AC) voltage transducers are standard for energy management, SCADA, and telemetering for remote, local as well as central monitoring systems. The multi-function transducers lead the growth of the type segment as these transducers measure basic electrical quantities like Freq, V, I, VA & Var, PF, and W. Moreover, the multi-function transducers are configurable with various combinations of power measurements and allocated corresponding output to the required parameter, which in turn drives the market growth. The market is projected to grow at a significant pace reaching a CAGR of approximately XX%, over the forecast period of 2022–2028, despite a considerable fall in Service Operator sales during the initial phase of pandemic spread and lockdown restrictions imposed globally. In the regional segment, North America is expected to strengthen the growth of the AC voltage transducers market. Due to the presence of key market players such as Phoenix Contact, Ohio Semitronics, Inc., and others in the region and growing industrialization in the region. By Regional Europe: Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe Asia Pacific: China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile, Rest of Latin America The Middle East and Africa: GCC, Turkey, Israel, Rest of MEA

By Application

By application, the segment is divided into industrial use, commercial use, and others. The industrial use segment is estimated to fuel the application segment growth in the AC voltage transducers market. Due to the growing industrial application of voltage transducers such as generating electrical power, load shedding, real-time power monitoring, energy management, and performance contracting.

AC Voltage Transducers Market Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Further, the surge in Research and Development (R&D), Application innovation, various business strategies, and product launches have accelerated the growth of the AC Voltage Transducers Market.

The study is consolidated into major segments and further into sub-segments, such as by Type (Single Function, Multi-Function), By Application (Industrial Use, Commercial Use), to forecast the AC Voltage Transducers market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year. Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including NK Technologies, Ohio Semitronics, Eltime Controls, AMETEK, Tsuruga Electric. Contact: Market Research Community