Trends in Digital Grid Monitoring and Measurement
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The growth of the Magnetic Optical Current Transformer market is propelled by a combination of technological advancements and changing industry demands. A primary driver is the increasing adoption of digital substation technologies, which require advanced, non-conventional instrument transformers for precise measurement and control. The push for the integration of renewable energy sources into the grid also necessitates more accurate and reliable monitoring devices, as the bidirectional flow of power in these systems is complex.
Furthermore, the inherent advantages of MOCTs, such as their resistance to high voltage operations and absence of saturation effects, are making them a preferred choice over conventional transformers. The ongoing development of smart grid infrastructure and the growing emphasis on power quality and efficiency are also key growth factors.