Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial) and competitive Landscape, By Countries (Australia, China, Japan, India, Indonesia, Malaysia, Singapore, Philippines, Thailand and Rest of APAC) and Competitive Landscape
Product Code: ETC001774 | Publication Date: Dec 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Asia Pacific (APAC) Power & Distribution Transformer Market report thoroughly covers the market by types, by rating, by cooling system, by application and by countries. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific (APAC) Power & Distribution Transformer Market is followed by the rising demand for power and energy. As such, Power & Distribution Transformers play a crucial role in providing reliable and efficient energy supply. Additionally, the growth can be primarily attributed by several growing drivers such as the increasing demand for electricity from various industries, including power transmission and distribution, renewable energy, automotive, and construction.
According to 6Wresearch, the Asia Pacific (APAC) Power & Distribution Transformer Market size is projected to grow at a CAGR of 6.9% during the forecast period 2024-2030. The increasing demand for uninterrupted power supply (UPS), coupled with the continuous investment in power infrastructure, is boosting the sector’s growth. Industries like Steel, Cement, and Chemicals, require reliable power to operate their processes seamlessly. This results in tremendous demand for power transformers in these sectors. However, the market faces some challenges such as the lack of proper infrastructure and equipment maintenance.
This issue results in equipment failure, leading to power supply interruptions and outages that could adversely affect the region's economic growth. Despite these challenges, the market has shown a promising growth. With the increasing need for innovative and eco-friendly solutions, which is driving the industry players towards developing and adopting sustainable and reliable power transformer products. For instance, transformer monitoring systems that help in early detection of faults and avoid unforeseen shutdowns and failures are gaining popularity in the Asia Pacific (APAC) Power & Distribution Transformer industry.
Asia Pacific (APAC) Power & Distribution Transformer Market share is likely to secure a double-digit rate with the introduction of several favourable initiatives to support the growth of the Power & Distribution Transformer industry. Governments are adopting policies and regulations promoting the adoption of energy-efficient and eco-friendly equipment, which is surging the market's growth. For example, the Indonesian government is focusing on energy efficiency and plans to implement new regulations to promote energy-efficient transformers.
The APAC Power & Distribution Transformer market has some prominent players, including ABB Ltd., Siemens AG, Schneider Electric SE, General Electric Company, and Crompton Greaves Limited, among others. These global players are continuously investing in research and development to develop innovative products and technologies to cater to the growing demand for energy supply in the region.
According to Dhaval, Research Manager, 6Wresearch, both power transformers and distribution transformers have a pivotal role in the power sector in the APAC region. While power transformers are used for high voltage applications and cater to the power generation industry, while distribution transformers are used to supply electricity to households and businesses and are mainly followed by the increased urbanization in the region.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Asia Pacific Power & Distribution Transformer Market Overview |
3.1. Asia Pacific Power & Distribution Transformer Market Revenues, 2020-2030F |
3.2. Asia Pacific Power & Distribution Transformer Market - Industry Life Cycle, 2023 |
3.3. Asia Pacific Power & Distribution Transformer Market - Porter’s Five Forces |
3.4. Asia Pacific Power & Distribution Transformer Market Revenue Share, By Type, 2020 & 2030F |
3.5. Asia Pacific Power & Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
3.6. Asia Pacific Power & Distribution Transformer Market Revenue Share, By Cooling System, 2020 & 2030F |
3.7. Asia Pacific Power & Distribution Transformer Market Revenue Share, By Application, 2020 & 2030F |
3.8. Asia Pacific Power & Distribution Transformer Market Revenue Share, By Region, 2020 & 2030F |
4. Asia Pacific Power & Distribution Transformer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Power & Distribution Transformer Market Trends |
6. China Power & Distribution Transformer Market Overview |
6.1. China Power & Distribution Transformer Market Revenues, 2020-2030F |
6.2. China Power & Distribution Transformer Market Overview, By Type |
6.2.1. China Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
6.2.2. China Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
6.3. China Power & Distribution Transformer Market Overview, By Rating |
6.3.1. China Power & Distribution Transformer Market Revenues, By Power Transformer |
6.3.1.1. China Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
6.3.1.2. China Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
6.3.1.3. China Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
6.3.1.4. China Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
6.3.2. China Power & Distribution Transformer Market Revenues, By Distribution Transformer |
6.3.2.1. China Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
6.3.2.2. China Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
6.3.2.3. China Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
6.4. China Power & Distribution Transformer Market Overview, By Cooling System |
6.4.1. China Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
6.4.2. China Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
6.5. China Power & Distribution Transformer Market Overview, By Applications |
6.5.1. China Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
6.5.2. China Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
7. Japan Power & Distribution Transformer Market Overview |
7.1. Japan Power & Distribution Transformer Market Revenues, 2020-2030F |
7.2. Japan Power & Distribution Transformer Market Overview, By Type |
7.2.1. Japan Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
7.2.2. Japan Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
7.3. Japan Power & Distribution Transformer Market Overview, By Rating |
7.3.1. Japan Power & Distribution Transformer Market Revenues, By Power Transformer |
7.3.1.1. Japan Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
7.3.1.2. Japan Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
7.3.1.3. Japan Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
7.3.1.4. Japan Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
7.3.2. Japan Power & Distribution Transformer Market Revenues, By Distribution Transformer |
7.3.2.1. Japan Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
7.3.2.2. Japan Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
7.3.2.3. Japan Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
7.4. Japan Power & Distribution Transformer Market Overview, By Cooling System |
7.4.1. Japan Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
7.4.2. Japan Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
7.5. Japan Power & Distribution Transformer Market Overview, By Applications |
7.5.1. Japan Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
7.5.2. Japan Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
8. Australia Power & Distribution Transformer Market Overview |
8.1. Australia Power & Distribution Transformer Market Revenues, 2020-2030F |
8.2. Australia Power & Distribution Transformer Market Overview, By Type |
8.2.1. Australia Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
8.2.2. Australia Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
8.3. Australia Power & Distribution Transformer Market Overview, By Rating |
8.3.1. Australia Power & Distribution Transformer Market Revenues, By Power Transformer |
8.3.1.1. Australia Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
8.3.1.2. Australia Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
8.3.1.3. Australia Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
8.3.1.4. Australia Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
8.3.2. Australia Power & Distribution Transformer Market Revenues, By Distribution Transformer |
8.3.2.1. Australia Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
8.3.2.2. Australia Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
8.3.2.3. Australia Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
8.4. Australia Power & Distribution Transformer Market Overview, By Cooling System |
8.4.1. Australia Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
8.4.2. Australia Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
8.5. Australia Power & Distribution Transformer Market Overview, By Applications |
8.5.1. Australia Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
8.5.2. Australia Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
9. Vietnam Power & Distribution Transformer Market Overview |
9.1. Vietnam Power & Distribution Transformer Market Revenues, 2020-2030F |
9.2. Vietnam Power & Distribution Transformer Market Overview, By Type |
9.2.1. Vietnam Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
9.2.2. Vietnam Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
9.3. Vietnam Power & Distribution Transformer Market Overview, By Rating |
9.3.1. Vietnam Power & Distribution Transformer Market Revenues, By Power Transformer |
9.3.1.1. Vietnam Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
9.3.1.2. Vietnam Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
9.3.1.3. Vietnam Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
9.3.1.4. Vietnam Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
9.3.2. Vietnam Power & Distribution Transformer Market Revenues, By Distribution Transformer |
9.3.2.1. Vietnam Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
9.3.2.2. Vietnam Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
9.3.2.3. Vietnam Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
9.4. Vietnam Power & Distribution Transformer Market Overview, By Cooling System |
9.4.1. Vietnam Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
9.4.2. Vietnam Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
9.5. Vietnam Power & Distribution Transformer Market Overview, By Applications |
9.5.1. Vietnam Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
9.5.2. Vietnam Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
10. Thailand Power & Distribution Transformer Market Overview |
10.1. Thailand Power & Distribution Transformer Market Revenues, 2020-2030F |
10.2. Thailand Power & Distribution Transformer Market Overview, By Type |
10.2.1. Thailand Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
10.2.2. Thailand Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
10.3. Thailand Power & Distribution Transformer Market Overview, By Rating |
10.3.1. Thailand Power & Distribution Transformer Market Revenues, By Power Transformer |
10.3.1.1. Thailand Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
10.3.1.2. Thailand Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
10.3.1.3. Thailand Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
10.3.1.4. Thailand Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
10.3.2. Thailand Power & Distribution Transformer Market Revenues, By Distribution Transformer |
10.3.2.1. Thailand Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
10.3.2.2. Thailand Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
10.3.2.3. Thailand Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
10.4. Thailand Power & Distribution Transformer Market Overview, By Cooling System |
10.4.1. Thailand Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
10.4.2. Thailand Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
10.5. Thailand Power & Distribution Transformer Market Overview, By Applications |
10.5.1. Thailand Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
10.5.2. Thailand Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
11. Indonesia Power & Distribution Transformer Market Overview |
11.1. Indonesia Power & Distribution Transformer Market Revenues, 2020-2030F |
11.2. Indonesia Power & Distribution Transformer Market Overview, By Type |
11.2.1. Indonesia Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
11.2.2. Indonesia Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
11.3. Indonesia Power & Distribution Transformer Market Overview, By Rating |
11.3.1. Indonesia Power & Distribution Transformer Market Revenues, By Power Transformer |
11.3.1.1. Indonesia Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
11.3.1.2. Indonesia Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
11.3.1.3. Indonesia Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
11.3.1.4. Indonesia Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
11.3.2. Indonesia Power & Distribution Transformer Market Revenues, By Distribution Transformer |
11.3.2.1. Indonesia Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
11.3.2.2. Indonesia Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
11.3.2.3. Indonesia Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
11.4. Indonesia Power & Distribution Transformer Market Overview, By Cooling System |
11.4.1. Indonesia Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
11.4.2. Indonesia Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
11.5. Indonesia Power & Distribution Transformer Market Overview, By Applications |
11.5.1. Indonesia Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
11.5.2. Indonesia Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
12. Singapore Power & Distribution Transformer Market Overview |
12.1. Singapore Power & Distribution Transformer Market Revenues, 2020-2030F |
12.2. Singapore Power & Distribution Transformer Market Overview, By Type |
12.2.1. Singapore Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
12.2.2. Singapore Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
12.3. Singapore Power & Distribution Transformer Market Overview, By Rating |
12.3.1. Singapore Power & Distribution Transformer Market Revenues, By Power Transformer |
12.3.1.1. Singapore Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
12.3.1.2. Singapore Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
12.3.1.3. Singapore Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
12.3.1.4. Singapore Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
12.3.2. Singapore Power & Distribution Transformer Market Revenues, By Distribution Transformer |
12.3.2.1. Singapore Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
12.3.2.2. Singapore Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
12.3.2.3. Singapore Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
12.4. Singapore Power & Distribution Transformer Market Overview, By Cooling System |
12.4.1. Singapore Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
12.4.2. Singapore Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
12.5. Singapore Power & Distribution Transformer Market Overview, By Applications |
12.5.1. Singapore Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
12.5.2. Singapore Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
13. Philippines Power & Distribution Transformer Market Overview |
13.1. Philippines Power & Distribution Transformer Market Revenues, 2020-2030F |
13.2. Philippines Power & Distribution Transformer Market Overview, By Type |
13.2.1. Philippines Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
13.2.2. Philippines Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
13.3. Philippines Power & Distribution Transformer Market Overview, By Rating |
13.3.1. Philippines Power & Distribution Transformer Market Revenues, By Power Transformer |
13.3.1.1. Philippines Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
13.3.1.2. Philippines Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
13.3.1.3. Philippines Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
13.3.1.4. Philippines Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
13.3.2. Philippines Power & Distribution Transformer Market Revenues, By Distribution Transformer |
13.3.2.1. Philippines Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
13.3.2.2. Philippines Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
13.3.2.3. Philippines Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
13.4. Philippines Power & Distribution Transformer Market Overview, By Cooling System |
13.4.1. Philippines Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
13.4.2. Philippines Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
13.5. Philippines Power & Distribution Transformer Market Overview, By Applications |
13.5.1. Philippines Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
13.5.2. Philippines Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
14. Malaysia Power & Distribution Transformer Market Overview |
14.1. Malaysia Power & Distribution Transformer Market Revenues, 2020-2030F |
14.2. Malaysia Power & Distribution Transformer Market Overview, By Type |
14.2.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
14.2.2. Malaysia Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
14.3. Malaysia Power & Distribution Transformer Market Overview, By Rating |
14.3.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Transformer |
14.3.1.1. Malaysia Power Transformer Market Revenues, 1 -50 MVA, 2020-2030F |
14.3.1.2. Malaysia Power Transformer Market Revenues, 50.1-160 MVA, 2020-2030F |
14.3.1.3. Malaysia Power Transformer Market Revenues, 160.1-350 MVA, 2020-2030F |
14.3.1.4. Malaysia Power Transformer Market Revenues, Above 350 MVA, 2020-2030F |
14.3.2. Malaysia Power & Distribution Transformer Market Revenues, By Distribution Transformer |
14.3.2.1. Malaysia Distribution Transformer Market Revenues, Upto 100 KVA, 2020-2030F |
14.3.2.2. Malaysia Distribution Transformer Market Revenues, 100.1-315 KVA, 2020-2030F |
14.3.2.3. Malaysia Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2020-2030F |
14.4. Malaysia Power & Distribution Transformer Market Overview, By Cooling System |
14.4.1. Malaysia Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
14.4.2. Malaysia Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
14.5. Malaysia Power & Distribution Transformer Market Overview, By Applications |
14.5.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2020-2030F |
14.5.2. Malaysia Power & Distribution Transformer Market Revenues, By Industrial Application, 2020-2030F |
15. Asia Pacific Power & Distribution Transformer Market Opportunity Assessment |
15.1. Asia Pacific Power & Distribution Transformer System Market Opportunity Assessment, By Country |
15.1.1. China Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.2. Australia Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.3. Indonesia Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.4. Vietnam Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.5. Malaysia Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.6. Thailand Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.7. Japan Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.8. Singapore Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
15.1.9. Philippines Power & Distribution Transformer System Market Opportunity Assessment (2030F) |
16. Asia Pacific Power & Distribution Transformer Market Competitive Landscape |
16.1 Asia Pacific Power & Distribution Transformer Market Competitive Benchmarking, By Operating Parameters |
16.2 Asia Pacific Power & Distribution Transformer Market Revenue Share/Ranking, By Country |
16.2.1. Singapore Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.2. China Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.3. Japan Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.4. Vietnam Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.5. Thailand Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.6. Malaysia Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.7. Australia Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.8. Philippines Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
16.2.9. Thailand Power & Distribution Transformer System Market Revenue Share/Ranking, By Company, 2023 |
17. Company Profiles |
18. Key Strategic Recommendations |
19. Disclaimer |
Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial) and competitive Landscape, By Countries (Australia, China, Japan, India, Indonesia, Malaysia, Singapore, Philippines, Vietnam, Thailand and Rest of APAC) and Competitive Landscape
Product Code: ETC001774 | Publication Date: Mar 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 35 |
Asia Pacific power & distribution transformer market is expected to register growth in revenues in the coming years owing to the increasing rate of urbanization along with rising government efforts towards increasing rural electrification in developed countries across the APAC region. Increasing financial support by the government towards the development of efficient energy supply to remote areas of the developing and underdeveloped countries in the region is anticipated to showcase potential growth for the APAC power & distribution transformer market in the coming years.
According to 6Wresearch, Asia Pacific (APAC) Power & Distribution Transformer Market size is anticipated to register growth during 2019-26F. China's power & distribution transformer market is expected to dominate the overall APAC power & distribution transformer market owing to substantial power demand in the country. Furthermore, India and Indonesia's power & distribution transformer markets are expected to witness potential growth in the coming years owing to increased government involvement in order to increase energy efficiency in these countries.
Based on applications, the power utilities segment of the APAC power & distribution transformer markets market is expected to witness sound revenues in the coming years owing to increased electricity consumption in households coupled with industrial energy consumption. Further, on the basis of products, power transformers are expected to dominate the revenues in the APAC power & distribution transformer market owing to increased energy consumption demand in the developed countries across the region.
The Asia Pacific Power & distribution transformer market report thoroughly covers the market by types, cooling system, rating, applications, and key countries including India, China, Japan, Australia, Indonesia, Malaysia, Singapore, Vietnam, Philippines, Thailand, and the Rest of Asia Pacific. The Asia Pacific Power & distribution transformer market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific Power & distribution transformer market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
With the increase in the electrification rate and a rise in the consumption level of power, the demand for power and distribution has been steadily rising. A spur in the rural electrification rate in economically developing countries especially India, Cambodia, Laos, and Myanmar, the demand for power and distribution transformer is increasing at a compound rate owing to a rise in the growth of power grid infrastructure as a mechanism to satiate the rising demand for power in the aforementioned countries and as a result, is expected to be of great importance for bringing in superior growth prospects for the Asia Pacific power & distribution transformer market in the next five to ten years.
Asia pacific power & distribution transformers market is projected to gain momentum in the coming timeframe backed by rising urbanization has led to a demand for regular energy access especially in japan. power and distribution transformers continue to rise due to the high energy consumption rate domestically. Which is expected to shape the residential sector and simultaneously strengthening power and distribution transformers. Additionally, the Indian power & distribution transformers market is expected to generate high sales revenues in the country owing to increased government initiative towards rising renewable energy generation to ensure less carbon emission in the country. And increased power grid infrastructure where rising transformers deployment and helps in transferring electricity. Here below is given an energy generation source ratio which shows how moderate growth of renewable energy generation helps in securing the demand for transformers.
Asia Pacific Power & Distribution Transformer Market is expected to register sound revenues in the upcoming six years on the back of the rising need for regular electricity supply across the region. Additionally, on the basis of country, India power and distribution transformers market is expected to gain traction owing to increased government initiative by investing in power utility sector infrastructure especially in rural areas, and with increased electrification access concurrently rising power and distribution transformers installation in rural areas in order to ensure regular electricity supply, therefore this driver is acts as growth proliferating factor which is expected leave positive impact over the India power and distribution transformer market resulting, the massive growth of the entire Asia Pacific region in the upcoming six years.
Key Highlights of The Reports
Markets Covered
The Asia Pacific Power & distribution transformer market report provides a detailed analysis of the following market segments: