Magnetic Optical Current Transformer Market by Type (Fiber Type and Non-Fiber Type) and Application (Transformer, Electronic Measurement Devices, Network Devices, Power System & Instrumentation, Transmission-Line Bus, and Electrical High Voltage Substations): Global Opportunity Analysis and Industry Forecast, 2019–2026

Pages: NA
Oct 2020 | 1082 Views
Author(s) : NA
Tables: NA
Charts: NA


Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Magnetic Optical Current Transformer Market

Request Now !

Magnetic Optical Current Transformer Market Outlook - 2026

Magneto optic current transformer is a device that uses the influence of magnetic field to rotate orientation of polarized light. The rotation angle is dependent on the intensity of magnetic field. Thus, the magneto optic current transformer works on faradays effect to measure the electric current. The inductive type transformer with core and windings is used in substations and power stations to measure electric current. 
The advantage of magneto optic current transformer such as its high voltage tolerance and absence of saturation state broadens its application across power stations industry and instrumentation. The drawback of conventional transformers such as saturation of magnetic field under high current, electromagnetic interference, and complicated insulation fosters the growth for the advanced magnetic optical current transformer market.


The factors including increase in usage of high voltage devices across the power generation, transmission, and distribution station, and increase in usage of computer controlled and digital device in the industry drive the magnetic optical current transformer market growth. The power station and substation use inductive type current transformers, for high power applications, porcelain insulators and others where these conventional transformers offer less reliability in terms of breakage and device damage. Thus, the use of magneto optic current transformer provide resistance in high voltage operations. 

There occur several instances where application of conventional transformers under high voltage current has caused damage to switchyards, electric damage to relays, and power service disruptions. High saturation level of magnetic optical current transformer overcomes this challenge and therefore is preferred for use even in the computerized control techniques and digital devices. Hence, the advantages of high voltage current resistance have influenced its application in the power generation market. The use of magnetic optical current transformer provides resistance against electromagnetic interference introduced by the ground loop and provides protection to the devices.

However, the bending of optical fiber may result to cause refractive index to change and reduce the response sensitivity, and increase the influence of temperature due to hoops in the fiber. Therefore, it acts as a major restraining factor to the magnetic optical current transformer market. The increase in process automation in power and energy sector such as management, switching, industrial control systems and various computing devices requires the application of magnetic optical current transformers for precision in current measurement has widened the future of magnetic optical current transformer market.

The magnetic optical current transformer market is segmented on the basis of type, application, and region. On the basis of type, it is bifurcated into fiber type and no-fiber type. On the basis of application, it is classified into transformer, electronic measurement devices, networking devices, power systems and instrumentations, transmission line-bus, and electrical high voltage (EHV) substations. On the basis of region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

The key players covered in the magnetic optical current transformer market are ABB, PROFOTECH, TRENCH Group, ARTECHE, NR Electric Co., T&D, and others. These companies focus on R&D and strategies which encourages expansion, collaboration, and development with other firms and helps in increasing revenue, and expand product offerings in standardized form.


  • This study includes the analytical depiction of the global magnetic optical current transformer market share along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information regarding the key drivers, restraints, and opportunities.
  • The current market is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the magnetic optical current transformer industry.


By Type

  • Fiber Type
  • Non-fiber Type

By Application

  • Transformer 
  • Electronic Measurement Devices 
  • Networking Devices 
  • Power Systems & Instrumentations
  • Transmission Line-bus
  • Electrical High Voltage (EHV) Substations

By Region

  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • UKs
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Korea
    • Japan
    • Rest of Asia-Pacific
    • Latin
    • Middle East
    • Africa


With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace

With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast

Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts

Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)

Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.


Start reading ,This title and over 12000 thousand more,available with Avenue Library,  T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at










Purchase Full Report of
Magnetic Optical Current Transformer Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise

  • $8,995  $8,096
  • Unlimited
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
  • Company Profiles
  • Newly Added Content Access
  • 10 PDF
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library.  T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD


Why Allied Market Research?


Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Reports


Featured Readings


Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts