Market Forecast By Type(Power Transformer, Distribution Transformer), By Rating(Power Transformer (1 MVA - 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA - 350 MVA and Above 350 MVA), Distribution Transformer(Upto 100 kVA, 100.1 kVA – 315 kVA, 315.1 kVA – 5 MVA), By Cooling System(Dry Type, Liquid Type), By Applications(Power Utilities, Industrial)And Competitive Landscape.
Product Code: ETC001735 | Publication Date: Dec 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Malaysia Power & Distribution Transformer Market report thoroughly covers the market by types, by rating, by cooling system, and by application. 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.
Malaysia power and distribution transformer market has been growing backed by the country's ever-increasing demand for electricity. The government has undertaken several initiatives to maintain the stability and sustainability of the power sector, particularly in terms of meeting the country's growing energy demand. Moreover, the adoption of electric vehicles, smart cities, and smart factories, receive significant attention and may openup opportunities for the Malaysia Power & Distribution Transformer Market.
According to 6Wresearch, the Malaysia Power & Distribution Transformer Market size is estimated to grow at a CAGR of 8.1% during the forecast period 2025-2031. The Malaysia power and distribution transformer market growth has been surging in recent years, with a rising demand for electricity, followed by the growth of various sectors such as construction, manufacturing, and service industries. Various initiatives like green energy projects, smart grid implementation, renewable energy usage is expected to offer enormous opportunities to the Malaysia Power & Distribution Transformer Market industry soon.
On the other side, many challenges impede its growth. The first challenge faced by the industry is the declining quality of power supplied to the consumers. Secondly, the lack of a skilled workforce is holding back the growth of this industry in Malaysia. Nevertheless, the increasing use of dry-type transformers, which leads to cost savings, better efficiency, and safety; use of renewable energy sources (solar, wind), development of smart grids; and the integration of digital technologies into the power distribution and transmission system.
The government of Malaysia has introduced several initiatives that are increasing Malaysia Power & Distribution Transformer Market share. For instance, under the National Renewable Energy Policy and Action Plan (NREP), the government aims to increase the share of renewable energy in Malaysia's electricity mix and gradually reduce the carbon footprint by 40% by 2025. The country has also developed a blueprint for smart grid implementation.
The market has numerous leading players include ABB, Siemens, Mitsubishi, General Electric, Hitachi, Crompton Greaves, and Schneider Electric. In addition to these global players, there are also several local players such as Tenaga Kenari, Malaysia Transformer Manufacturing, and Industry, MSB, and others who offer custom-made and cost-effective solutions for the local market.
According to Dhaval, Research Manager, 6Wresearch, the power transformer is leading in the market owing to increasing demand for electricity from industrial and residential sectors. Additionally, many power companies are exploring renewable energy sources, and this has increased the demand for large power transformers.
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. Methodology Adopted and Key Data Points |
2.5. Assumptions |
3. Malaysia Power & Distribution Transformer Market Overview |
3.1. Malaysia Country Indicators |
3.2. Malaysia Power & Distribution Transformer Market Revenues, 2021-2031F |
3.3. Malaysia Power & Distribution Transformer Market - Industry Life Cycle |
3.4. Malaysia Power & Distribution Transformer Market - Porter’s Five Forces Model |
3.5. Malaysia Power & Distribution Transformer Market Revenue Share, By Type, 2021&2031F |
3.6. Malaysia Power & Distribution Transformer Market Revenue Share, By Rating, 2021&2031F |
3.7. Malaysia Power & Distribution Transformer Market Revenue Share, By Cooling System, 2021&2031F |
3.8. Malaysia Power & Distribution Transformer Market Revenue Share, By Applications, 2021&2031F |
3.9. Malaysia Power & Distribution Transformer Market Revenue Share, By Regions, 2021&2031F |
4. Malaysia Power & Distribution Transformer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Malaysia Power & Distribution Transformer Market Trends |
6. Malaysia Power & Distribution Transformer Market Overview, By Type |
6.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Transformer, 2021-2031F |
6.2. Malaysia Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2021-2031F |
7. Malaysia Power & Distribution Transformer Market Overview, By Rating |
7.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Transformer |
7.1.1. Malaysia Power Transformer Market Revenues, 1 -50 MVA, 2021-2031F |
7.1.2. Malaysia Power Transformer Market Revenues, 50.1-160 MVA, 2021-2031F |
7.1.3. Malaysia Power Transformer Market Revenues, 160.1-350 MVA, 2021-2031F |
7.1.4. Malaysia Power Transformer Market Revenues, Above 350 MVA, 2021-2031F |
7.2. Malaysia Power & Distribution Transformer Market Revenues, By Distribution Transformer |
7.2.1. Malaysia Distribution Transformer Market Revenues, Upto 100 KVA, 2021-2031F |
7.2.2. Malaysia Distribution Transformer Market Revenues, 100.1-315 KVA, 2021-2031F |
7.2.3. Malaysia Distribution Transformer Market Revenues, 315.1 KVA- 5 MVA, 2021-2031F |
8. Malaysia Power & Distribution Transformer Market Overview, By Cooling System |
8.1. Malaysia Power & Distribution Transformer Market Revenues, By Dry Type, 2021-2031F |
8.2. Malaysia Power & Distribution Transformer Market Revenues, By Liquid Type, 2021-2031F |
9. Malaysia Power & Distribution Transformer Market Overview, By Applications |
9.1. Malaysia Power & Distribution Transformer Market Revenues, By Power Utilities Application, 2021-2031F |
9.2. Malaysia Power & Distribution Transformer Market Revenues, By Industrial Application, 2021-2031F |
10. Malaysia Power & Distribution Transformer Market Overview, By Regions |
10.1. Malaysia Power & Distribution Transformer Market Revenues, By Regions, 2021-2031F |
11. Malaysia Power & Distribution Transformer Market - Key Performance Indicators |
12. Malaysia Power & Distribution Transformer Market Opportunity Assessment |
12.1. Malaysia Power & Distribution Transformer Market Opportunity Assessment, By Type, 2031F |
12.2. Malaysia Power & Distribution Transformer Market Opportunity Assessment, By Rating, 2031F |
12.3. Malaysia Power & Distribution Transformer Market Opportunity Assessment, By Cooling System, 2031F |
12.4. Malaysia Power & Distribution Transformer Market Opportunity Assessment, By Applications, 2031F |
12.5. Malaysia Power & Distribution Transformer Market Opportunity Assessment, By Regions, 2031F |
13. Malaysia Power & Distribution Transformer Market Competitive Landscape |
13.1. Malaysia Power & Distribution Transformer Market Revenue Share, By Company, 2024 |
14. Company Profiles |
15. Key Strategic Recommendations |
16. Disclaimer |
Market Forecast By Type(Power Transformer, Distribution Transformer), By Rating(Power Transformer (1 MVA - 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA - 350 MVA and Above 350 MVA), Distribution Transformer(Upto 100 kVA, 100.1 kVA – 315 kVA, 315.1 kVA – 5 MVA), By Cooling System(Dry Type, Liquid Type), By Applications(Power Utilities, Industrial)And Competitive Landscape.
Product Code: ETC001735 | Publication Date: Mar 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Malaysia Power & Distribution Transformer Market is anticipated to witness potential growth in the coming years owing to rising government efforts towards the efficient supply of electricity in the country by mode of pipelines in the urban and rural areas. Continuous upgradations in the power grid system of the country is anticipated to promote the growth of Malaysia power & distribution transformer market.
According to 6Wresearch, Malaysia Power & Distribution Transformer Market is anticipated to register potential growth during the projected period 2020-26F. Malaysia is a developed country but lagging in the transformer market. Rising efforts of the local manufacturers towards the production of effective transformers in order to increase in house production of transformers rather than imports is anticipated to raise the Malaysia power & distribution transformers market in the coming years.
In order to initiate the substantial growth of transformers in the country, the Malaysian government is continuously increasing its efforts in order to support the economic growth of the power industry in the country by policy interventions and programmes. The country has ample natural resources and is promoting green energy in the country. Furthermore, the country is increasing the installation of transformers in order to supply the rising energy demand in the region.
The Malaysia Power & Distribution Transformer report thoroughly covers the market by type, power rating, Cooling System, applications and regions. The Malaysia Power & Distribution Transformer outlook report provides an unbiased and detailed analysis of the on-going Malaysia Power & Distribution Transformer 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.
Key Highlights of the Report:
Markets Covered
The Malaysia Power & Distribution Transformer report provides a detailed analysis of the following market segments: