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, and control in industrial expansion, grid modernization, and renewable integration projects, including smart grids and emerging economies. For More Insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=2620 Current Transformer Market Analysis, By Type, By Construction, By Core, By Voltage Rating, By Use Case, By Application, By End-use Vertical, and Region By Type The market is segmented into measurement current transformers and protection current transformers. Measurement CTs are widely deployed in power ...