Asia Pacific Dry-type Transformer Market Forecast 2021-2028

Asia Pacific Dry-type Transformer Market Forecast 2021-2028

The Asia Pacific dry-type transformer market is expected to register a CAGR of 5.86%, during the forecast period of 2021 to 2028. The region's market growth is accredited to factors, like, the growing population migration from rural to urban areas, and the increasing household income.

The Asia Pacific dry-type transformer market growth assessment included the analysis of Japan, South Korea, China, Vietnam, Australia & New Zealand, India, Indonesia, Thailand, and the rest of the Asia Pacific. India's power division is experiencing a large-scale transformation, as the nation continues to experience growing electricity demand rates. The country has also proposed incorporating large-scale renewable resources, in addition to the efforts established by the government to modernize it. However, the Indian electrical grid is inefficient and unreliable. As a result, issues such as, power system overload, energy theft, and the archaic grid infrastructure are expected to account for 25% of the total losses.
Besides, numerous regions in India are witnessing higher power cut rates, owing to the surging demand for electricity and the supply gap. Thus, to address the problem of electricity reliability, the government has introduced various policies to increase electricity generation and encourage consumers to reduce peak-hours consumption. On the other hand, with the surging share of renewable energy, the need for upgrading the existing transmission and distribution infrastructure is expected to increase. As a result, the demand for dry-type transformers is projected to rise, thereby fueling the region's market growth, over the forecast period.

Some of the prominent companies operating in the market include, Hitachi Ltd, Crompton Greaves Ltd, Hyosung Heavy Industries, Hyundai Heavy Industries Co Ltd, Kirloskar Electric Co Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Driver
3.1.1. Growing Demand For Electricity For Different End-users
3.1.2. Growing Adoption Of Non-conventional And Renewable Energy
3.1.3. Aging Distribution And Transmission Infrastructure
3.2. Key Restraints
3.2.1. Development Of Solid-state Transformers (Ssts)
3.2.2. Limitations Of Oil-cooled Transformers
4. Key Analytics
4.1. Impact Of Covid-19 On Dry-type Transformer Market
4.2. Key Investment Insights
4.3. Porter’s Five Force Analysis
4.3.1. Buyer Power
4.3.2. Supplier Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Regulatory Framework
5. Market By Type
5.1. Dry-type Converter Transformer
5.2. Dry-type Rectifier Transformer
6. Market By Technology
6.1. Cast Resin
6.2. Vacuum Pressure Impregnated
7. Market By Phase
7.1. Single-phase
7.2. Three-phase
8. Market By Voltage
8.1. Low-voltage
8.2. Medium-voltage
9. Market By End-user
9.1. Industrial
9.1.1. Marine
9.1.2. Chemical
9.1.3. Oil & Gas Industry
9.1.4. Renewable Energy Generation
9.1.5. Railway
9.1.6. Others
9.2. Commercial
9.3. Others
10. Geographical Analysis
10.1. Asia Pacific
10.1.1. Market Size & Estimates
10.1.2. Key Growth Enablers
10.1.3. Key Challenges
10.1.4. Key Players
10.1.5. Country Analysis China Japan India South Korea Indonesia Thailand Vietnam Australia & New Zealand Rest Of Asia Pacific
11. Competitive Landscape
11.1. Key Strategic Developments
11.1.1. Merger & Acquisitions
11.1.2. Product Launch & Developments
11.1.3. Partnership, Contract/Agreement & Collaboration
11.2. Company Profile
11.2.1. Bharat Heavy Electricals Ltd
11.2.2. Eaton Corporation Plc
11.2.3. Fuji Electric Co Ltd
11.2.4. General Electric Company
11.2.5. Hammond Power Solutions Inc
11.2.6. Hanley Energy Gcc
11.2.7. Hitachi Ltd
11.2.8. Hyosung Heavy Industries
11.2.9. Kirloskar Electric Co Ltd
11.2.10. Power Sp Zoo
11.2.11. Schneider Electric Se
11.2.12. Siemens Ag
11.2.13. Tbea Co Ltd
11.2.14. Voltamp Transformers Ltd
11.2.15. Weg Group
11.2.16. Crompton Greaves Limited
11.2.17. Abb Ltd
11.2.18. Hyundai Heavy Industries Co Ltd

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