ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

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ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

The Asia Pacific dry-type transformer market is anticipated to record a CAGR of 5.86%, over the forecast period of 2021 to 2028. The region’s key market drivers include the presence of several mature economies, the rise in household income, and the smart cities initiative. The Asia Pacific dry-type transformer market growth analysis includes assessing China, Japan, South Korea, India, Indonesia, Vietnam, Thailand, Australia & New Zealand, and the rest of the Asia Pacific.

ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET FORECAST 2021-2028

Asia Pacific Dry-type Transformer Market by Type (Dry-type Converter Transformer, Dry-type Rectifier Transformer) by Technology (Cast Resin, Vacuum Pressure Impregnated) by Phase (Single-phase, Three-phase) by Voltage (Low-voltage, Medium-voltage) by End-user (Industrial (Marine, Chemical, Oil & Gas Industry, Renewable Energy Generation, Railway, Others), Commercial, Others) and by Geography.

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The Asia Pacific dry-type transformer market is anticipated to record a CAGR of 5.86%, over the forecast period of 2021 to 2028. The region’s key market drivers include the presence of several mature economies, the rise in household income, and the smart cities initiative.
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The Asia Pacific dry-type transformer market growth analysis includes assessing China, Japan, South Korea, India, Indonesia, Vietnam, Thailand, Australia & New Zealand, and the rest of the Asia Pacific. China has observed high demand rates for electricity over the years, due to the unprecedented economic growth, in addition to the rapid urbanization and industrialization. For instance, the country’s economic growth reached nearly 7%, with the gross electricity consumption witnessing an increase of more than 6%, for the first time, in 2017.

Earlier, coal was the predominant source of electricity generation in China, leading to massive rates of air pollution. As a result, the energy mix began evolving, with an increasing share of cleaner energy sources, and a declining share of coal. Likewise, the Chinese government has also prohibited the construction of new coal-fired power plants in certain regions, to curb carbon emission. These measures have greatly accelerated the market for non-coal-fired generation, as well as, smart grid and energy-efficient services, and technologies. Likewise, the smart grid is also projected to be an effective approach towards incorporating solar and wind energy into the national grid. Thus, such factors are anticipated to fuel the dry-type transformer market growth.

Fuji Electric Co Ltd, headquartered in Japan, is an electrical equipment manufacturing company. Its operating segments include the power electronics systems industry, power electronics systems energy, food and beverage distribution, electronic devices, and power generation, among others.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    •    KEY DRIVER
      • GROWING DEMAND FOR ELECTRICITY FOR DIFFERENT END-USERS
      • GROWING ADOPTION OF NON-CONVENTIONAL AND RENEWABLE ENERGY
      • AGING DISTRIBUTION AND TRANSMISSION INFRASTRUCTURE
    •    KEY RESTRAINTS
      • DEVELOPMENT OF SOLID-STATE TRANSFORMERS (SSTS)
      • LIMITATIONS OF OIL-COOLED TRANSFORMERS
  1. KEY ANALYTICS
    • IMPACT OF COVID-19 ON DRY-TYPE TRANSFORMER MARKET
    • KEY INVESTMENT INSIGHTS
    •    PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • REGULATORY FRAMEWORK
  2. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  3. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  4. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  5. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  6. MARKET BY END-USER
    •    INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS
  7. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. COMPETITIVE LANDSCAPE
    •    KEY STRATEGIC DEVELOPMENTS
      • MERGER & ACQUISITIONS
      • PRODUCT LAUNCH & DEVELOPMENTS
      • PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
    •    COMPANY PROFILE
      • BHARAT HEAVY ELECTRICALS LTD
      • EATON CORPORATION PLC
      • FUJI ELECTRIC CO LTD
      • GENERAL ELECTRIC COMPANY
      • HAMMOND POWER SOLUTIONS INC
      • HANLEY ENERGY GCC
      • HITACHI LTD
      • HYOSUNG HEAVY INDUSTRIES
      • KIRLOSKAR ELECTRIC CO LTD
      • POWER SP ZOO
      • SCHNEIDER ELECTRIC SE
      • SIEMENS AG
      • TBEA CO LTD
      • VOLTAMP TRANSFORMERS LTD
      • WEG GROUP
      • CROMPTON GREAVES LIMITED
      • ABB LTD
      • HYUNDAI HEAVY INDUSTRIES CO LTD

TABLE LIST

TABLE 1: MARKET SNAPSHOT – DRY-TYPE TRANSFORMER

TABLE 2: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 4: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY TECHNOLOGY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 6: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY PHASE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY PHASE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 9: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY VOLTAGE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 10: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 11: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 12: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 13: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 14: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 15: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

TABLE 16: LEADING PLAYERS OPERATING IN ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE CONVERTER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY DRY-TYPE RECTIFIER TRANSFORMER, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2020

FIGURE 9: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY PHASE, IN 2020

FIGURE 12: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY VOLTAGE, IN 2020

FIGURE 15: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

FIGURE 18: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)

FIGURE 21: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY RENEWABLE ENERGY, 2021-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)

FIGURE 24: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 25: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)

FIGURE 26: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

FIGURE 28: CHINA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 29: JAPAN DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 30: INDIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 31: SOUTH KOREA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 32: INDONESIA DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 33: THAILAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 34: VIETNAM DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 35: AUSTRALIA & NEW ZEALAND DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

FIGURE 36: REST OF ASIA PACIFIC DRY-TYPE TRANSFORMER MARKET, 2021-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    •    ASIA PACIFIC
      • MARKET SIZE & ESTIMATES
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
      • KEY PLAYERS
      •    COUNTRY ANALYSIS
        • CHINA
        • JAPAN
        • INDIA
        • SOUTH KOREA
        • INDONESIA
        • THAILAND
        • VIETNAM
        • AUSTRALIA & NEW ZEALAND
        • REST OF ASIA PACIFIC
  1. MARKET BY TYPE
    • DRY-TYPE CONVERTER TRANSFORMER
    • DRY-TYPE RECTIFIER TRANSFORMER
  2. MARKET BY TECHNOLOGY
    • CAST RESIN
    • VACUUM PRESSURE IMPREGNATED
  3. MARKET BY PHASE
    • SINGLE-PHASE
    • THREE-PHASE
  4. MARKET BY VOLTAGE
    • LOW-VOLTAGE
    • MEDIUM-VOLTAGE
  5. MARKET BY END-USER
    •    INDUSTRIAL
      • MARINE
      • CHEMICAL
      • OIL & GAS INDUSTRY
      • RENEWABLE ENERGY GENERATION
      • RAILWAY
      • OTHERS
    • COMMERCIAL
    • OTHERS

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