Global Current Sensing Transformers Market Outlook 2025-2031: Trends, Size, and Growth Forecast

The global market for current sensing transformers is experiencing steady growth, with recent analyses highlighting key trends and technological advancements shaping the industry. According to a comprehensive report published in August 2025 by Global Info Research, the market was valued at approximately $969 million in 2024 and is projected to reach around $1.52 billion by 2031, demonstrating a compound annual growth rate (CAGR) of 6.7%. This expansion is driven by increasing demand across various sectors, including electronics manufacturing and power generation facilities. The report evaluates leading manufacturers such as TDK, Lem, Murata, Eaton, and others, examining their roles and strategic movements within the industry. It segments the market based on types—wound, toroidal, and bar transformers—and applications like electronic devices, power plants, and miscellaneous sectors. Furthermore, the research provides in-depth insights into market dynamics, covering aspects like production capacity, regional growth prospects, competitive landscape, and potential opportunities and threats. It employs rigorous methods to estimate market size, considering historical data, regional dem...