Current Transformer Market Growth to Reach US$ 3.6 Billion at a...

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2025-09-09 10:05:26 -

Current Transformer Market Growth to Reach US$ 3.6 Billion at a CAGR of 5.6% by 2035

The global current transformer market is projected to increase from USD 2.1 billion in 2025 to USD 3.6 billion by 2035, with a CAGR of 5.6% during the forecast period. Growth is driven by rising energy consumption from industrial expansion, grid modernization, and renewable integration. Current transformers are ideal for efficient, real-time power monitoring, metering, protection,...

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