變流器的印度市場評估:各產品類型，各用途，各終端用戶，各地區，機會，預測(2018年度～2032年度)

印度電流變壓器市場規模預計將從 2024 年的 2.949 億美元增至 2032 年的 5.2928 億美元，在 2025-2032 年預測期內的複合年增長率為 7.59%。近年來，由於工業化、城鎮化的快速發展以及電力基礎設施的擴張，市場大幅成長，預計未來仍將保持強勁的擴張步伐。電流互感器是電氣系統中必不可少的組件，因為它們用於精確的電流測量、監控和保護。發電和輸電領域以及再生能源發電的投資不斷增加，推動了當前變壓器市場的成長。電流互感器能夠處理電網的可變能源，同時確保穩定性和效率。此外，政府注重智慧電網建設，並在智慧電錶國家計畫等措施下推出智慧電錶，進一步推動了市場對電流互感器的需求。

此外，該國正在推動能源效率和電力基礎設施的現代化，這得到了多項政府計劃和舉措的支持。這些努力正在促進市場對電流互感器的需求增加。此外，該國的工業部門傾向於採用自動化和物聯網技術，這需要精確的電流測量和監控，從而推動工業領域對電流互感器的需求。總之，印度對電流互感器的需求不斷增長，是由該國的能源轉型、基礎設施現代化以及對電力系統效率、安全性和可靠性的重視所推動的。

例如，2024年10月，電力部宣布了2032年擴大印度再生能源輸電基礎設施和能源電網容量的目標。政府計劃投資約 1,090 億美元，建設高達 5,000 萬千瓦的再生能源發電能力。這一發展將增加公用事業部門對再生能源傳輸和分配用電流互感器的需求。

本報告提供印度的變流器市場相關調查分析，提供市場規模與預測，市場動態，主要企業的形勢等資訊。

目錄

第1章 計劃的範圍和定義

第2章 調查手法

第3章 摘要整理

第4章 客戶的迴響

• 受訪者的人口統計
• 決定是否購買時考慮的要素
  • 功能及其他附加價值服務
  • 準確度和性能
  • 經濟要素
  • 售後支援
  • 額定功率電壓，額定電流

第5章 印度的變流器市場預測(2018年度～2032年度)

• 市場規模的分析與預測
  • 金額
• 市場佔有率的分析與預測
  • 各產品類型
  • 各用途
  • 各終端用戶
  • 各地區
  • 市場佔有率分析:各企業(前五名公司及其他，金額)(2024年度)
• 市場地圖分析(2024年度)
  • 各產品類型
  • 各用途
  • 各終端用戶
  • 各地區

第6章 波特的五力分析

第7章 大環境分析

第8章 市場動態

• 推動市場要素
• 市場課題

第9章 市場趨勢與發展

第10章 競爭情形

• 前五名市場領導者的競爭矩陣
• 前五名公司的SWOT分析
• 前十大主要企業的形勢
  • Siemens India Limited
  • Amrest Electricals Limited
  • ABB India Limited
  • GT Electronic India Private Limited
  • Vandana Transformers
  • ASHMOR Electricals (India) Private Limited
  • RECO Transformers Private Limited
  • Newtek Electricals Private Limited
  • BEEMET Instruments Private Limited

第11章 策略性建議

第12章 本公司相關資料，免責聲明

India current transformers market is projected to witness a CAGR of 7.59% during the forecast period FY2025- FY2032F, growing from USD 294.90 million in FY2024 to USD 529.28 million in FY2032. The market has experienced significant growth in recent years due to rapid industrialization, urbanization, and expanding power infrastructure and is expected to maintain a strong pace of expansion in the coming years. Current transformers are becoming essential components in electrical systems as devices are used for accurate current measurement, monitoring, and protection. The rising investment in the power generation and transmission sector, as well as in renewable energy sources, is driving the growth of current transformers in the market. Current transformers are capable of handling variable energy sources in the grid while ensuring stability and efficiency. Additionally, the government's focus on smart grid development and the deployment of smart meters under initiatives like the Smart Meter National Program has further boosted the demand for current transformers in the market.

Furthermore, the country is pushing for energy efficiency and the modernization of power infrastructure, which is being supported by several government schemes and initiatives. These initiatives contribute to the rising demand for current transformers in the market. Moreover, the industrial sector in the country is inclined towards adopting automation and IoT technologies, which require precise current measurement and monitoring, thereby driving the demand for current transformers in the industrial sector. In conclusion, the increasing demand for current transformers in India is fueled by the country's energy transition, infrastructure modernization, and the growing emphasis on efficiency, safety, and reliability in power systems.

For instance, In October 2024, the power ministry announced the goal to expand India's renewable transmission infrastructure and energy grid capacity by 2032. The government is looking to invest around USD 109 Billion to build the capacity for up to 500 GWs of renewable power. This development will increase the demand for current transformers in the utility sector for the transmission and distribution of renewable energy.

Inclination Towards Current Flow Measurement and Management Device Augmenting Market Growth

Current flow measurement and management devices such as current transformers are becoming the key components in meters as devices enable accurate measurement of current for billing and grid management. Current transformers are used in energy management systems to monitor and optimize power consumption in real-time. Significant investments in utility projects are boosting the demand for advanced energy flow monitoring devices in different applications. Moreover, the country's shift towards the integration of renewable energy in the grids drives the demand for current flow management devices in the substations. The country is looking to modernize electrical grids and expand renewable power infrastructure which is fostering the growth in the current transformer market size in the forecast period.

As of December 2024, the electricity generation in the country stood at 1,378.418 billion units (BU) (April-December 2024) reflecting a growth of 5.31% compared to the same time period for the year 2023-24. In 2023-2024 the total electricity generation stood at 1,739.091 BU with a growth of 7.6% compared to last financial year. Further, the electricity generation target for the year 2024-25 was fixed at 1900 BU comprising of 1444.943 BU Thermal; 147.709 BU Hydro; 55.348 Nuclear; 8 BU Import from Bhutan and 244 BU RES (Excl. Large Hydro). With the rising investment in the power generation sector drives the demand for current transformers in the market.

Furthermore, India is looking to invest in the industrial sector to automate its operations to boost productivity. The industrial sector is inclining toward the adoption of efficient machinery and equipment in different industries which creates the demand for monitoring power flow management devices in the market. The integration of devices with large equipment enables the real-time tracking of energy consumption of equipment which allows for better management of power usage and identification of inefficiencies. The rising focus on automation and optimizing energy consumption in the country is significantly fostering the demand for advanced power monitoring devices such as current transformers in the manufacturing, commercial, and renewable energy sectors.

For instance, in August 2024, India's data center industry is evolving innovative technologies such as AI, ML, and IoT for higher efficiency and sustainability in the power sector. The data center industry is adopting advanced power management and quality monitoring devices for monitoring and to prevent costly downtime and ensure reliable operations. This development highlights that industries are adopting innovative technologies for collecting power consumption data which drive the demand for current transformers in the market.

Rising Regulatory Measures Comply with Grid Stability and Power Quality Creating Market Opportunity

The Indian government is promoting electrification and modernization of power grids through various incentive plans. The upcoming plans follow regulatory compliance, which focuses on enhancing the power quality and safety of electrical devices, which drives the demand for efficient current transformers in the market. Moreover, the government is looking to commence new regulator measures that are going to support the upliftment of safety devices, which will create a favorable environment for the adoption of advanced current transformers in the country. The strict measures will encourage investments in reliable electric safety devices and systems, which are going to boost the market size of current transformers in the coming years.

For instance, The Central Electricity Authority (CEA) has approved the Uniform Protection Protocol to ensure grid stability, reliability, and security, aiming to support the safe integration of 450 GW of renewable energy by 2030 and 2,100 GW by 2047. The protocol mandates protection requirements for various grid components and provides for collecting adequate disturbance data for grid event analysis and protection audits.

Further, The Chhattisgarh State Electricity Regulatory Commission (CSERC) is drafting the Intra-State Deviation Settlement Mechanism and Related Matters Regulations, 2025. The regulation aims to ensure grid stability and security by mandating users to adhere to scheduled electricity drawl and injection.

Indoor Current Transformer to Dominate the Market Share

Indoor current transformers are experiencing a high adoption rate during the forecast period, which makes this segment dominate the market. The indoor transformers have compact designs and enhanced safety features, enabling seamless integration into existing electrical setups. Indoor installations offer advantages such as controlled environments, which reduce the risk of weather-related damage, ensuring reliable performance and longevity. This drives the demand for indoor current transformers in the market. In addition, the rising prevalence of electrical systems installed within commercial and industrial facilities contributes to the increasing demand for indoor current transformers. Furthermore, the indoor segment of the market is expected to experience significant growth due to the increasing demand for smart home automation systems, which require accurate and reliable power measurement devices, thereby driving market growth in the coming years.

West and Central Regions Dominate the India Market

West and central regions have dominated the current transformer market and is expected to continue during the forecast period. The demand for current transformers is on the rise due to numerous factors such as industrialization, infrastructure development, and government initiatives in the region. The region has numerous industries such as automotive, electronics, chemicals, textiles and many more, in which precise current measurement is critical for operational efficiency and safety thereby driving the demand for power measuring equipment in the market.

The West and Central regions include several manufacturing and industrial companies that are adopting automation for various operations, which drives the demand for current transformers in the region. The presence of major industrial clusters and manufacturing facilities drives the demand for current transformers to effectively monitor electrical parameters. Furthermore, the government's continued focus on infrastructure development, coupled with investments in smart grid technologies and renewable energy integration, will fuel demand for advanced transformers across the utility, industrial, and commercial segments.

For instance, in January 2025, Maharashtra government decided to boost its industrial and economic landscape by signing 54 Memorandums of Understanding (MoUs) amounting to around USD 181 billion during the World Economic Forum (WEF) in Davos. This development will increase the demand for current transformers in the industrial sector in the coming years.

Future Market Scenario (FY2025 - FY2032F)

Government policies aimed at promoting infrastructure development and electrification are set to boost the demand for current transformers in the country.

The push towards smart grid technologies is another significant trend that drives the demand for the current transformers market.

Integration of automation industrial applications creates the opportunity for current transformers market growth in coming years.

Government goals regarding energy efficiency and sustainability energy policies contributing to the rise in demand for current transformers in the forecast period.

Integration of digital technologies in current transformer is an emerging trend for enhanced accuracy and communication which drives the market demand.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of current transformers, as the companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for the integration of renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in November 2024, Siemens India Ltd, approved an additional investment of USD 11 Million at the Kalwa plant, to enable the expansion of the product range to include large reactors and transformers. The capacity expansion is aimed to cater to the global trend for energy transition and electrification, which has resulted in an increasing demand for grid technology products. This development will help the company to increase its production capacity and revenue in the coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Respondent Demographics
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Features and Other Value-Added Service
  • 4.2.2. Accuracy and Performance
  • 4.2.3. Economical Factors
  • 4.2.4. After-Sales Support
  • 4.2.5. Voltage and Current Ratings

5. India Current Transformers Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Product Type
    • 5.2.1.1. Indoor Current Transformer
      • 5.2.1.1.1. Wound Current Transformer
      • 5.2.1.1.2. Toroidal Current Transformer
      • 5.2.1.1.3. Bar-Type Current Transformer
    • 5.2.1.2. Outdoor Current Transformer
      • 5.2.1.2.1. Gas-Insulated
      • 5.2.1.2.2. Oil-Filled
    • 5.2.1.3. Others
  • 5.2.2. By Application
    • 5.2.2.1. Metering
    • 5.2.2.2. Protection
    • 5.2.2.3. Others
  • 5.2.3. By End-user
    • 5.2.3.1. Utility
    • 5.2.3.2. Industrial
    • 5.2.3.3. Commercial and Residential
  • 5.2.4. By Region
    • 5.2.4.1. North
    • 5.2.4.2. South
    • 5.2.4.3. East
    • 5.2.4.4. West and Central
  • 5.2.5. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.3. Market Map Analysis, FY2024
  • 5.3.1. By Product Type
  • 5.3.2. By Application
  • 5.3.3. By End-user
  • 5.3.4. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Competitive Landscape

• 10.1. Competition Matrix of Top 5 Market Leaders
• 10.2. SWOT Analysis for Top 5 Players
• 10.3. Key Players Landscape for Top 10 Market Players
  • 10.3.1. Siemens India Limited
    • 10.3.1.1. Company Details
    • 10.3.1.2. Key Management Personnel
    • 10.3.1.3. Products and Services
    • 10.3.1.4. Financials (As Reported)
    • 10.3.1.5. Key Market Focus and Geographical Presence
    • 10.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 10.3.2. Amrest Electricals Limited
  • 10.3.3. ABB India Limited
  • 10.3.4. GT Electronic India Private Limited
  • 10.3.5. Vandana Transformers
  • 10.3.6. ASHMOR Electricals (India) Private Limited
  • 10.3.7. RECO Transformers Private Limited
  • 10.3.8. Newtek Electricals Private Limited
  • 10.3.9. BEEMET Instruments Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

11. Strategic Recommendations

12. About Us and Disclaimer

List of Tables

• Table 1. Competition Matrix of Top 5 Market Leaders
• Table 2. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 3. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Current Transformers Market, By Value, In USD Million, FY2018-FY2032F
• Figure 2. India Current Transformers Market Share (%), By Product Type, FY2018-FY2032F
• Figure 3. India Current Transformers Market Share (%), By Application, FY2018-FY2032F
• Figure 4. India Current Transformers Market Share (%), By End-user, FY2018-FY2032F
• Figure 5. India Current Transformers Market Share (%), By Region, FY2018-FY2032F
• Figure 6. By Product Type Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 7. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 8. By End-user Map-Market Size (USD Million) & Growth Rate (%), FY2024
• Figure 9. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2024