DUBLIN--(BUSINESS WIRE)--The "Current Transducer - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Current Transducer market worldwide is projected to grow by US$153.7 Million, driven by a compounded growth of 3.5%
Closed Loop, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$414.6 Million by the year 2025, Closed Loop will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 4.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$8 Million to the region's size and clout in the next 5 to 6 years. Over US$7.1 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Closed Loop will reach a market size of US$32.9 Million by the close of the analysis period.
As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 3.3% over the next couple of years and add approximately US$25.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- ABB Group
- American Aerospace Control
- CR Magnetics, Inc.
- Howard Butler Ltd. (Hobut)
- IME
- Johnson Controls, Inc.
- Lem Holding SA
- Nk Technologies
- Phoenix Contact GmbH & Co. KG
- Siemens AG
- Texas Instruments, Inc.
- Topstek
- Veris Industries
Key Topics Covered:
1. MARKET OVERVIEW
- Current Transducer Market to Register Moderate Growth
- Closed Loop Technology to Dominate the Market
- Percentage Market Share of Current Transducers, by Technology: 2017-2026
- Motor Drive Application Type to Occupy Highest Share
- Asia Pacific To Dominate the Current Transducers Market
- Percentage Breakdown of Current Transducers Market Share by Region: 2018
- Global Competitor Market Shares
- Current Transducer Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increase in Renewable Energy and Battery-Powered Applications to Drive Market Growth
- Worldwide Renewable Energy Consumption: 1995-2016
- Percentage Breakdown of Battery Market by Application Type: 2017 and 2023
- Increase in Installations of Energy Storage Equipment to Bode-Well for Market Growth
- Total Worldwide Cumulative Storage Deployments (in GWh): 2016-2030
- Technological Developments to Bode Well for Market Demand
- Increasing Demand for Hybrid and Electric Vehicles to Bolster Market Demand
- Electric and Hybrid Passenger Vehicle Sales: 2016-2030
- Total Number (in Thousands) of Battery Operated Electric Vehicles Worldwide: 2012-2018
- Increase in Demand for Monitoring and Control Systems due to Industrialization and Urbanization, Provide Impetus for Market Growth
4. GLOBAL MARKET PERSPECTIVE
For more information about this report visit https://www.researchandmarkets.com/r/15h19n
