Indonesia Transformer Market (2024-2030) | Outlook, Growth, Companies, Analysis, Value, Forecast, Industry, Revenue, Trends, Share & Size

Topics Covered in the Indonesia Transformer Market Report

Indonesia Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. The market 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.

Indonesia Transformer Market Synopsis

Indonesia Transformer Market is anticipated to project growth during the upcoming years due to the expansion of distribution and transmission systems. Rising industrialization and development of the construction sector are driving the market growth. Moreover, the increasing demand for electricity owing to the surging population is propelling the market. Rising consciousness regarding the development of renewable energy among consumers triggers the potential growth of the market. The government is also taking initiatives to replace the existing power grid technology which is further adding to the Indonesia Transformer Market Share.

According to 6Wresearch, Indonesi Transformer Market size is projected to register a CAGR of around 6.10% during 2024-2030. One of the primary drivers of the Indonesian transformer market is the country's ever-increasing energy demand. As the power demand continues to grow, so does the need for transformers that can handle the load. Additionally, the government's focus on renewable energy sources such as wind and solar power has further fueled the demand for transformers in the country. Moreover, the rising urbanization and industrialization rates, particularly in cities like Jakarta, Surabaya, and Bandung, have increased the demand for quality power supply.

Despite the growing demand, there are a few challenges faced by the transformer market in Indonesia. One of the major challenges is the lack of local manufacturing capacity. Although there are several global transformer manufacturers in the country, the demand for transformers often outpaces supply. Additionally, the unstable exchange rates, coupled with government regulations, frequent requests for tenders and changing technical requirements, have made consistent market growth difficult.

Transformer Market in Indonesia: Key Players

Some of the notable players in the Indonesian transformer market include ABB Ltd., Siemens AG, PT. Trafoindo Prima Perkasa, PT. Starindo Transglobal, and PT. Yokogawa Indonesia. These companies are catering to the growing demand with a range of products such as distribution transformers, power transformers, and instrument transformers. Collaborations and partnerships with local companies and organizations also help to accelerate their operations.

Indonesia Transformer Industry: Government Regulations

Indonesia follows the Indonesian National Standard (SNI) for the manufacturing and distribution of transformers. The government sets the technical requirements and testing standards for transformers to ensure they meet quality and safety standards. Additionally, the government is working to promote the deployment of smart grid technology, which has further spurred the development of transformers. The government of the country has been making all possible efforts to help the market to progress faster and smoother. 

Market Segmentation by Product

According to Sumit, Senior Research Manager, 6Wresearch, the distribution transmission segment accounted for a significant share and is expected to dominate the market during the forecast period.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Transformer Market Outlook
• Market Size of Indonesia Transformer Market, 2023
• Forecast of Indonesia Transformer Market, 2030
• Historical Data and Forecast of Indonesia Transformer Revenues & Volume for the Period 2020 - 2030
• Indonesia Transformer Market Trend Evolution
• Indonesia Transformer Market Drivers and Challenges
• Indonesia Transformer Price Trends
• Indonesia Transformer Porter's Five Forces
• Indonesia Transformer Industry Life Cycle
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Core for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Closed for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Shell for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Berry for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Product for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Power transformer for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Distribution transformer for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Instrument transformer for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Winding for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Two-winding for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Auto-transformer for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Residential & Commercial for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Utility for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Industrial for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Cooling for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Dry type for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Oil Immersed for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Insulation for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Gas for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Oil for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Solid for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Air for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Phase for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Single phase for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By 3 - phase for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By Rating for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By ? 10 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By 11 MVA to 60 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By 61 MVA to 600 MVA for the Period 2020 - 2030
• Historical Data and Forecast of Indonesia Transformer Market Revenues & Volume By > 600 MVA for the Period 2020 - 2030
• Indonesia Transformer Import Export Trade Statistics
• Market Opportunity Assessment By Core
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Winding
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Cooling
• Market Opportunity Assessment By Insulation
• Market Opportunity Assessment By Phase
• Market Opportunity Assessment By Rating
• Indonesia Transformer Top Companies Market Share
• Indonesia Transformer Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Transformer Company Profiles
• Indonesia Transformer Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Core

• Closed
• Shell
• Berry

By Product

• Power Transformer
• Distribution Transformer
• Instrument Transformer
• Others

By Winding

• Two-Winding
• Auto-Transformer

By Application

• Residential & Commercial
• Utility
• Industrial

By Cooling

• Dry-Type
• Oil Immersed

By Phase

• Single Phase
• 3 – Phase

By Rating

• 10 MVA
• 11 MVA To 60 MVA
• 61 MVA To 600 MVA
• > 600 MVA

Indonesia Transformer Market (2024-2030): FAQs