The Voltage Transducer Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Voltage Transducer Market?
The market size of the voltage transducer has seen significant growth in recent years. In 2024, it was $2.44 billion, set to increase to $2.6 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Voltage Transducer Industry?
The Voltage Transducer Global Market is projected to reach a market size of $3.29 billion in 2029, with a compound annual growth rate (CAGR) of 6.0%.
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What are the Key Growth Drivers Fueling the Voltage Transducer Market?
The key drivers in the voltage transducer market are:
• Growth in electric vehicle charging infrastructure
• Expansion and development of industrial internet of things (IIoT)
• Increase in data center growth
• Increasing investments in research and development initiatives
Global Market Segmentation: Identifying Major Voltage Transducer Industry Segments
The voltage transducer market covered in this report is segmented –
1) By Type: Alternating Current (AC), Direct Current (DC)
2) By Application: Railway Applications, Solar Panels, Multi-Parameter, Power Plants, Industrial Machinery, Electric Vehicles, Data Centers
3) By End-User: Transportation, Energy And Utilities, Manufacturing, IT And Telecommunication
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What are the Emerging Trends Shaping the Future of the Voltage Transducer Market?
The key trends in the voltage transducer market are:
• Technological progressions are significantly shaping the future of the voltage transducer market.
• The adoption of edge computing is a crucial emerging trend.
• Advanced metering infrastructure (AMI) is becoming increasingly popular in the market.
• The market is influenced by the growing demand for response programs.
Who Are the Top Competitors & Leading Players in the Voltage Transducer Market?
Major companies in the voltage transducer market are:
• Siemens AG
• Schneider Electric SE
• Honeywell International Inc.
• ABB Ltd.
• Eaton Corp.
• Emerson Electric Co.
• TE Connectivity Ltd.
• Analog Devices Inc.
• Digi-Key Electronics Corp.
• Phoenix Contact GmbH & Co. KG
• Yokogawa Electric Corporation
• Fluke Corporation
• LEM Holding SA
• Veris Industries LLC
• Ashcroft Inc.
• Dwyer Instruments Inc.
• Red Lion Controls Inc.
• NK Technologies
• Building Automation Products Inc.
• Acromag Inc.
• Magnelab Corporation
• Omron Automation Pvt. Ltd.
• Electro-Sensors Inc.
• Althen Sensors & Controls B.V.
• CR Magnetics Inc.
• Carlo Gavazzi Automation SpA
• Aim Dynamics Inc.
• Continental Control Systems LLC
• Darrah Electric Company
Regional Dominance: Which Area Leads the Global Voltage Transducer Market?
North America was the largest region in the voltage transducers market in 2024
