According to the report, "Transformer Monitoring System Market, By Service (Bushing Monitoring, Oil or Gas Monitoring, Others), Type (IT Solution, Hardware Solution), Application (Power Transformer, Distribution Transformers, Others) – Global Revenue, Trends, Growth, Share, Size, and Forecast To 2022", the market for transformer monitoring system is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.