Alternating current (AC) voltage transducers are used to measure the magnitude and phase of alternating current (AC) signals. AC voltage transducers market in general have a convertor input to separate the transducer from the voltage input. Alternating current (AC) voltage transducers are standard for energy management, SCADA, and telemetering for remote, local as well as central monitoring systems.
The multi-function transducers lead the growth of the type segment as these transducers measure basic electrical quantities like Freq, V, I, VA Var, PF, and W. Moreover, the multi-function transducers are configurable with various combinations of power measurements and allocated corresponding output to the required parameter, which in turn drives the market growth.
In the regional segment, North America is expected to strengthen the growth of the AC voltage transducers market. Due to the presence of key market players such as Phoenix Contact, Ohio Semitronics, Inc., and others in the region and growing industrialization in the region.
The market is projected to grow at a significant pace reaching a CAGR of approximately XX%, over the forecast period of 2022–2028, despite a considerable fall in Service Operator sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The study is consolidated into major segments and further into sub-segments, such as by Type (Single Function, Multi-Function), By Application (Industrial Use, Commercial Use), to forecast the AC Voltage Transducers market size by value; also includes the analysis of past market dynamics from 2016 – 2021, considering 2021 as the base year.
Lastly, the report includes a regional analysis and country analysis with the latest trends, along with the major key players including NK Technologies, Ohio Semitronics, Eltime Controls, AMETEK, Tsuruga Electric.
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