Asia Pacific Smart Transformers Market- Segmentation, Market Share, Size, and Forecast to 2024

Asia Pacific Smart Transformers Market- Segmentation, Market Share, Size, and Forecast to 2024

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Single User APAC, Single User Global, Site License APAC, Site License Global

Smart transformers are deployed to regulate voltage constantly and ensure contact with the grids for electric distribution grid, when needed and can be remotely accessed. A smart transformer provides voltage optimization, reduces energy consumption and decreases greenhouse gas emission as well making it an imperative part of lighting retrofit or in energy consumption retrofit. Smart transformers immediately reduce the consumption with the help of stable supply. Moreover, smart transformer also protects connected electrical equipment from rapid power fluctuations ensuring higher working life. The APAC smart transformer is likely to grow in the forecast period owing to the increasing demand from countries such as China, Japan and India. In addition, concerns related with data security and privacy and high cost of installation become the major threat for the market which hinders the growth of the market.

Globally, the deployment of smart grids is increasing at a huge distribution level, with increasing interest towards the main load center. Smart grids coupled with smart transformers has high requirement in most of the developing regions with high industrial development such as Asia-Pacific region. Smart transformers are majorly being used in the general power transmission networks and addition of the already existing distributed renewable power producers and real-time monitoring/controlling units in the power flow system. This aids the huge advancements and rapid growth in smart transmission & energy distribution networks. Out of all the global regions, the APAC region is witnessing highest growth in smart transformer deployment. Some of the major driving factors are growing industrialization, increasing demand for energy and power, and rapid change in power consumption by individuals or organizations in the world. Moreover, the need of balancing environmental safety and the need of energy is giving additional growth in the market. Global smart transformers are transferring into an integral part of smart grids. They offer controlled power supply with constant monitoring and feedback support system for huge outage prevention. The global smart transformers market is also growing due to rising preference and awareness for renewable energy source, increasing usage of traction locomotives & EV (electric vehicles) and growing global smart grids & energy production system market.

The APAC smart transformers market is segmented into type and application. The application segment of smart transformers consists of alternative power generation, power distribution grid, wind power, electric vehicle charging stations and traction locomotives. Out of all these, the highest revenue-generating segment is alternative power generation due to its efficient electric generation technology with the help of various renewable energy sources. Moreover, increasing implementation of traction locomotives and power grids is driving the development in solid state transformers market. In addition, bi-directional power flow, input/output AC or DC power, improved power quality and reduced size & weight of transformers are some of the other features of solid state transformers that are likely to drive the additional growth in the smart transformers market. Traction transformers due to the huge anticipated growth in locomotive sector, likely to emerge as one of the fastest growing segment. The type segment include power transformers, distribution transformers, specialty transformers and instrument transformers.

APAC smart transformer market based on top countries is divided into; China, India, Korea, Japan, Australia, New Zealand and Rest of Asia Pacific. Out of all these countries, China has the highest deployment rate of smart transformer i.e. 14% higher than other countries, hence the country holds the largest market share in the APAC smart transformer market. Moreover, the awareness to save the energy and to decrease the carbon emission with the help of smart devices is rising in countries like India and Japan thus, are emerging as the promising growth countries in the forecast period.

APAC smart transformer market include major players such as ABB, GE, Siemens AG, Schneider, ALSTOM, COOPER POWER SYSTEMS, CROMPTON GREAVES, EATON, GRIDCO SYSTEMS, HOWARD INDUSTRIES, MITSUBISHI ELECTRIC, SHANDONG POWER EQUIPMENT CO. LTD., SIEMENS AG, SPX TRANSFORMER SOLUTIONS, TESLA, WILSON TRANSFORMER. Merger, acquisition, collaboration and new product launch are some of the key strategies which helps the organisations to sustain in the market.

  1. INTRODUCTION
    • EXECUTIVE SUMMARY
    • ESTIMATION METHODOLOGY

 

  1. MARKET OVERVIEW
    • MARKET DEFINITION AND SCOPE
    • VALUE CHAIN ANALYSIS
    • KEY BUYING CRITERIA
    • PORTER’S 5 FORCE MODEL
    • KEY MARKET TRENDS
      • PIPELINE ANALYSIS
      • R & D SCENARIO
      • REGULATORY FRAMEWORK
    • PARAMETRIC ANALYSIS
    • KEY MARKET INSIGHTS
      • TOP 3 EMERGING COUNTRIES
      • TOP 3 REVENUE GENERATING SEGMENTS
      • TOP 3 EMERGING SEGMENTS
    • COMPETITIVE INTELLIGENCE
      • MARKET SHARE ANALYSIS
      • TOP WINNING STRATEGIES
      • CASE STUDY: TOP COMPETITIVE MOVES
    • STRATEGIC RECOMMENDATIONS & KEY CONCLUSIONS
      • INVESTMENT OPPORTUNITIES BY REGIONS
      • OPPORTUNITIES IN EMERGING PRODUCTSS
      • INVESTMENT OPPORTUNITY IN FASTEST GROWING SEGMENT

 

  1. MARKET DETERMINANTS
    • MARKET DRIVER
      • GROWING INDUSTRIALIZATION
      • HIGH INVESTMENT IN SMART GRID TECHNOLOGY
      • RAPIDLY CHANGING POWER CONSUMPTION PATTERN
      • RISING PRODUCTION OF ELECTRICITY
    • MARKET RESTRAINTS
      • CONCERNS RELATED WITH DATA SECURITY AND PRIVACY
      • HIGH COST OF INSTALLATION
    • MARKET OPPORTUNITIES
      • GROWING DEMAND ELECTRICAL VEHICLE
      • HIGHLY EFFECTIVE TRANSMISSION NETWORK
      • INCREASING POWER SECTOR REFORMS
    • MARKET CHALLENGES
      • TRADE OFF AMONG RELIABILITY, EFFICIENCY
      • NONEXISTENCE OF DATA FOR EFFICIENT PLANNING
  1. APAC SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY CONVERTERS 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY HIGH FREQUENCY TRANSFORMERS 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY SWITCHES 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY OTHERS 2015-2024 ($ MILLION)

 

  1. APAC SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY DISTRIBUITION TRANSFORMERS  2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY INSTRUMENTS TRANSFORMERS 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY POWER TRANSFORMERS2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY SPECIALITY TRANSFORMERS 2015-2024 ($ MILLION)

 

  1. APAC SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY ALTERNATIVE POWER GENERATION 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY ELECTRIC VEHICLE (EV) CHARGING STATIONS 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY POWER (DISTRIBUTION) GRID  2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY  TRACTION LOCOMOTIVES 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY WIND POWER 2015-2024 ($ MILLION)
    • APAC SMART TRANSFORMER MARKET BY OTHER 2015-2024 ($ MILLION)

 

 

  1. APAC LEVEL SEGMENTATION
    • CHINA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • INDIA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • KOREA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • JAPAN SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • AUSTRALIA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • THAILAND SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
    • REST OF ASIA PACIFIC SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)

 

  1. GLOBAL VS APAC MARKET “A COMPARATIVE STUDY”
    • DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
    • COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
    • OPPORTUNITY MATRIX
    • GLOBAL VS. APAC MARKET
    • US VS. APAC MARKET
    • EUROPE VS. APAC MARKET
    • ROW VS. APAC MARKET

 

  1. COMPANY PROFILES
    • ABB
    • ALSTOM
    • COOPER POWER SYSTEMS
    • CROMPTON GREAVES
    • EATON
    • GE
    • GRIDCO SYSTEMS
    • HOWARD INDUSTRIES
    • MITSUBISHI ELECTRIC
    • SCHNEIDER ELECTRIC
    • SHANDONG POWER EQUIPMENT CO. LTD.
    • SIEMENS AG
    • SPX TRANSFORMER SOLUTIONS
    • TESLA
    • WILSON TRANSFORMERLTD.

LIST OF TABLES

  1. APAC SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  2. APAC SMART TRANSFORMER MARKET BY CONVERTERS GEOGRAPHY 2015-2024 ($ MILLION)
  3. APAC SMART TRANSFORMER MARKET BY HIGH FREQUENCY TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  4. APAC SMART TRANSFORMER MARKET BY SWITCHES GEOGRAPHY 2015-2024 ($ MILLION)
  5. APAC SMART TRANSFORMER MARKET BY OTHER SMART TRANSFORMER GEOGRAPHY 2015-2024 ($ MILLION)
  6. APAC SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  7. APAC SMART TRANSFORMER MARKET BY DISTRIBUITION TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  8. APAC SMART TRANSFORMER MARKET BY INSTRUMENTS TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  9. APAC SMART TRANSFORMER MARKET BY POWER TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  10. APAC SMART TRANSFORMER MARKET BY SPECIALITY TRANSFORMERS ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  11. APAC SMART TRANSFORMER MARKET BY APPLICATION GEOGRAPHY 2015-2024 ($ MILLION)
  12. APAC SMART TRANSFORMER MARKET BY ALTERNATIVE POWER GENERATION 2015-2024 ($ MILLION)
  13. APAC SMART TRANSFORMER MARKET BY ELECTRIC VEHICLE (EV) CHARGING STATIONS GEOGRAPHY 2015-2024 ($ MILLION)
  14. APAC SMART TRANSFORMER MARKET BY POWER (DISTRIBUTION) GRID GEOGRAPHY 2015-2024 ($ MILLION)
  15. APAC SMART TRANSFORMER MARKET BY SOLAR POWER GEOGRAPHY 2015-2024 ($ MILLION)
  16. APAC SMART TRANSFORMER MARKET BY TRACTION LOCOMOTIVES ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  17. APAC SMART TRANSFORMER MARKET BY WIND POWER ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  18. APAC SMART TRANSFORMER MARKET BY OTHER ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  19. CHINA SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  20. CHINA SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  21. CHINA SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  22. INDIA SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  23. INDIA SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  24. INDIA SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  25. KOREA SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  26. KOREA SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  27. KOREA SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  28. JAPAN SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  29. JAPAN SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  30. JAPAN SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  31. AUSTRALIA SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  32. AUSTRALIA SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  33. AUSTRALIA SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  34. THAILAND SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  35. THAILAND SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  36. THAILAND SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)
  37. REST OF ASIA PACIFIC SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  38. THAILAND SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  39. THAILAND SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION
  40. GLOBAL SMART TRANSFORMER MARKET BY REGION 2015-2024 ($ MILLION)
  41. GLOBAL SMART TRANSFORMER MARKET BY COMPONENT 2015-2024 ($ MILLION)
  42. GLOBAL SMART TRANSFORMER MARKET BY TYPE 2015-2024 ($ MILLION)
  43. GLOBAL SMART TRANSFORMER MARKET BY APPLICATION 2015-2024 ($ MILLION)

LIST OF FIGURES

  1. APAC SMART TRANSFORMER MARKET BY CONVERTERS GEOGRAPHY 2015-2024 ($ MILLION)
  2. APAC SMART TRANSFORMER MARKET BY HIGH FREQUENCY TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  3. APAC SMART TRANSFORMER MARKET BY SWITCHES GEOGRAPHY 2015-2024 ($ MILLION)
  4. APAC SMART TRANSFORMER MARKET BY OTHER SMART TRANSFORMER GEOGRAPHY 2015-2024 ($ MILLION)
  5. APAC SMART TRANSFORMER MARKET BY DISTRIBUITION TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  6. APAC SMART TRANSFORMER MARKET BY INSTRUMENTS TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  7. APAC SMART TRANSFORMER MARKET BY POWER TRANSFORMERS GEOGRAPHY 2015-2024 ($ MILLION)
  8. APAC SMART TRANSFORMER MARKET BY SPECIALITY TRANSFORMERS ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  9. APAC SMART TRANSFORMER MARKET BY ALTERNATIVE POWER GENERATION 2015-2024 ($ MILLION)
  10. APAC SMART TRANSFORMER MARKET BY ELECTRIC VEHICLE (EV) CHARGING STATIONS GEOGRAPHY 2015-2024 ($ MILLION)
  11. APAC SMART TRANSFORMER MARKET BY POWER (DISTRIBUTION) GRID GEOGRAPHY 2015-2024 ($ MILLION)
  12. APAC SMART TRANSFORMER MARKET BY SOLAR POWER GEOGRAPHY 2015-2024 ($ MILLION)
  13. APAC SMART TRANSFORMER MARKET BY TRACTION LOCOMOTIVES ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  14. APAC SMART TRANSFORMER MARKET BY WIND POWER ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  15. APAC SMART TRANSFORMER MARKET BY OTHER ACROSS GEOGRAPHY 2015-2024 ($ MILLION)
  16. CHINA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  17. INDIA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  18. KOREA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  19. JAPAN SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  20. AUSTRALIA SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  21. THAILAND SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)
  22. REST OF ASIA PACIFIC SMART TRANSFORMER MARKET 2015-2024 ($ MILLION)

 

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