Market Overview:
The global DC current transducers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable electrical systems across different industries. In addition, the growing awareness about safety and security issues has led to an increase in the adoption of DC current transducers in various applications such as industrial use, commercial use, and others. Based on type, the global DC current transducers market can be segmented into single function and multi-function types. The single function type is expected to hold a larger share of this market during the forecast period owing to its low cost and easy installation. Based on application, this market can be segmented into industrial use, commercial use, and others (including transportation sector).
Product Definition:
DC current transducers are devices that measure the amount of direct current (DC) passing through them. They are used to monitor and control the flow of DC power in electrical circuits, and can be used to detect faults or problems in the circuit. The importance of DC current transducers lies in their ability to ensure safe and efficient operation of electrical systems by detecting and correcting any problems that may occur.
Single Function:
Single-function transducers are used to convert a single electrical parameter into an analog or digital form, which is then processed and displayed by the host system. The most common application of single-function transducers is in current sensors that are used for measuring low to medium amperes. Single function transducer market size spans across different segments such as sensor technology, applications & end use industries.
Multi-Function:
Multi-function is a device that performs more than one function. It can be used in current transducers as well as voltage transformers. The most common multi-function devices are multimeters, ammeters, and voltmeters. A few other examples of multi-functional instruments are Fluke meters, Kintexchy thermometers (temperature sensors), Rohde & Schwarz test equipment etc.
Application Insights:
The industrial use segment dominated the global DC current transducers market in 2017. This can be attributed to the rising demand for industrial machinery and equipment, which require robust and durable components. The growing manufacturing sector in developing economies such as China, India, Vietnam is expected to augment industry growth over the forecast period.
The commercial use segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing adoption of energy efficient lighting solutions coupled with declining prices of LED products across the globe.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to increasing demand for industrial and commercial applications across various sectors such as oil & gas, power generation, manufacturing, and others. Moreover, growing awareness regarding the benefits of using DC current transducers is expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness significant growth over the projected period owing to rising investments by governments in developing countries such as China and India for improving infrastructure development activities. In addition, rapid urbanization along with expanding industrial sector due to low labor cost attracts many foreign players into this region which further drives product adoption rate across several industries including construction industry and energy sector among others. ‰â€˜”©â€™ ‘œ°â€' ‘°'-'-.-.'.
Growth Factors:
- Increasing demand for energy-efficient devices: The global market for DC current transducers is expected to grow at a CAGR of 5.5% from 2016 to 2021. This growth can be attributed to the increasing demand for energy-efficient devices across different industries.
- Growing popularity of smart grids: The growing popularity of smart grids is another major factor driving the growth of the DC current transducers market. Smart grids help in efficient management and distribution of electricity, which in turn helps reduce wastage and improve power quality.
- Rising investments in renewable energy sources: Renewable energy sources such as solar and wind are becoming increasingly popular due to their environmental benefits as well as their low cost over time compared to traditional fuels such as coal and oil . This is driving investments in renewable energy projects, thereby leading to an increase in demand for DC current transducers used in these projects .
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Current Transducers Market Research Report
By Type
Single Function, Multi-Function
By Application
Industrial Use, Commercial Use, Others
By Companies
Meco Instruments, NK Technology, Eltime Controls, Tsuruga Electric, Ohio Semitronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global DC Current Transducers Market Report Segments:
The global DC Current Transducers market is segmented on the basis of:
Types
Single Function, Multi-Function
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Use, Commercial Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Meco Instruments
- NK Technology
- Eltime Controls
- Tsuruga Electric
- Ohio Semitronics
Highlights of The DC Current Transducers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Function
- Multi-Function
- By Application:
- Industrial Use
- Commercial Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DC Current Transducers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DC current transducers are used to measure the DC current in a circuit.
Some of the major companies in the dc current transducers market are Meco Instruments, NK Technology, Eltime Controls, Tsuruga Electric, Ohio Semitronics.
The dc current transducers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. DC Current Transducers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. DC Current Transducers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DC Current Transducers Market - Supply Chain
4.5. Global DC Current Transducers Market Forecast
4.5.1. DC Current Transducers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DC Current Transducers Market Size (000 Units) and Y-o-Y Growth
4.5.3. DC Current Transducers Market Absolute $ Opportunity
5. Global DC Current Transducers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. DC Current Transducers Market Size and Volume Forecast by Type
5.3.1. Single Function
5.3.2. Multi-Function
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global DC Current Transducers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. DC Current Transducers Market Size and Volume Forecast by Application
6.3.1. Industrial Use
6.3.2. Commercial Use
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global DC Current Transducers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. DC Current Transducers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global DC Current Transducers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. DC Current Transducers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global DC Current Transducers Demand Share Forecast, 2019-2026
9. North America DC Current Transducers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America DC Current Transducers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America DC Current Transducers Market Size and Volume Forecast by Application
9.4.1. Industrial Use
9.4.2. Commercial Use
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America DC Current Transducers Market Size and Volume Forecast by Type
9.7.1. Single Function
9.7.2. Multi-Function
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America DC Current Transducers Demand Share Forecast, 2019-2026
10. Latin America DC Current Transducers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America DC Current Transducers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America DC Current Transducers Market Size and Volume Forecast by Application
10.4.1. Industrial Use
10.4.2. Commercial Use
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America DC Current Transducers Market Size and Volume Forecast by Type
10.7.1. Single Function
10.7.2. Multi-Function
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America DC Current Transducers Demand Share Forecast, 2019-2026
11. Europe DC Current Transducers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe DC Current Transducers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe DC Current Transducers Market Size and Volume Forecast by Application
11.4.1. Industrial Use
11.4.2. Commercial Use
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe DC Current Transducers Market Size and Volume Forecast by Type
11.7.1. Single Function
11.7.2. Multi-Function
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe DC Current Transducers Demand Share, 2019-2026
12. Asia Pacific DC Current Transducers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific DC Current Transducers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific DC Current Transducers Market Size and Volume Forecast by Application
12.4.1. Industrial Use
12.4.2. Commercial Use
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific DC Current Transducers Market Size and Volume Forecast by Type
12.7.1. Single Function
12.7.2. Multi-Function
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific DC Current Transducers Demand Share, 2019-2026
13. Middle East & Africa DC Current Transducers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa DC Current Transducers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa DC Current Transducers Market Size and Volume Forecast by Application
13.4.1. Industrial Use
13.4.2. Commercial Use
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa DC Current Transducers Market Size and Volume Forecast by Type
13.7.1. Single Function
13.7.2. Multi-Function
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa DC Current Transducers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global DC Current Transducers Market: Market Share Analysis
14.2. DC Current Transducers Distributors and Customers
14.3. DC Current Transducers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Meco Instruments
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. NK Technology
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eltime Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tsuruga Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ohio Semitronics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
