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PUBLISHER: KBV Research | PRODUCT CODE: 1101764

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PUBLISHER: KBV Research | PRODUCT CODE: 1101764

Asia Pacific Converter Transformer Market Size, Share & Industry Trends Analysis Report By Application (Grid Connections, Wind Farms, and Oil & Gas), By Type (401-600 Kv, 201-400 Kv, and 601-800 Kv), By Country and Growth Forecast, 2022 - 2028

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The Asia Pacific Converter Transformer Market would witness market growth of 14.0% CAGR during the forecast period (2022-2028).

Ultra-high voltage (UHV) technology is a step forward from high-voltage direct current (HVDC), allowing for the transmission of enormous amounts of electricity with little losses and the integration of renewables that are often located far from demand centers.

The voltage of the AC supply system is increased by the converter transformers. Transformer winding insulation must be properly built to tolerate a high DC potential to earth. Converter transformers can be designed in single units up to 300 Megavolt Amperes (MW). Larger transformers are impractical to transport, thus when higher ratings are needed, many separate transformers are joined together. Two three-phase units or three single-phase units can both be used. Only one type of transformers is utilized in the latter variation, making the delivery of a replacement transformer more cost-effective.

Electric mobility is a potential method for reducing carbon emissions in the transportation industry. India is one of only a few countries to back the EV30@30 initiative, which aims for at least 30% of new vehicle sales to be electric by 2030. To achieve this ambitious change, an accessible and reliable infrastructure of electric vehicle (EV) charging stations is a must.

Several initiatives have been established by the Indian government to support the development of a charging network infrastructure. Given the specific qualities of this new infrastructure type, however, it would be necessary to tailor it to the unique Indian transportation environment and establish stakeholder capacity to support its on-ground deployment. It is crucial to adopt a contextual approach when developing EV charging infrastructure that satisfies local requirements and is optimally integrated into the electrical supply and transportation networks.

The China market dominated the Asia Pacific Converter Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $469.8 Million by 2028. The Japan market poised to grow at a CAGR of 13.3% during (2022 - 2028). Additionally, The India market would display a CAGR of 14.7% during (2022 - 2028).

Based on Application, the market is segmented into Grid Connections, Wind Farms, and Oil & Gas. Based on Type, the market is segmented into 401-600 Kv, 201-400 Kv, and 601-800 Kv. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, General Electric (GE) Co., Toshiba Corporation, Mitsubishi Electric Corporation, Kirloskar Electric Co. Ltd., CG Power & Industrial Solutions Ltd., Bharat Heavy Electricals Ltd., and Xi'an Xidian Transformer Co., Ltd.

Scope of the Study

Market Segments covered in the Report:

By Application

  • Grid Connections
  • Wind Farms
  • Oil & Gas

By Type

  • 401-600 Kv
  • 201-400 Kv
  • 601-800 Kv

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • ABB Group
  • Siemens AG
  • General Electric (GE) Co.
  • Toshiba Corporation
  • Mitsubishi Electric Corporation
  • Kirloskar Electric Co. Ltd.
  • CG Power & Industrial Solutions Ltd.
  • Bharat Heavy Electricals Ltd.
  • Xi'an Xidian Transformer Co., Ltd.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Converter Transformer Market, by Application
    • 1.4.2 Asia Pacific Converter Transformer Market, by Type
    • 1.4.3 Asia Pacific Converter Transformer Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Asia Pacific Converter Transformer Market by Application

  • 3.1 Asia Pacific Grid Connections Market by Country
  • 3.2 Asia Pacific Wind Farms Market by Country
  • 3.3 Asia Pacific Oil & Gas Market by Country

Chapter 4. Asia Pacific Converter Transformer Market by Type

  • 4.1 Asia Pacific 401-600 Kv Market by Country
  • 4.2 Asia Pacific 201-400 Kv Market by Country
  • 4.3 Asia Pacific 601-800 Kv Market by Country

Chapter 5. Asia Pacific Converter Transformer Market by Country

  • 5.1 China Converter Transformer Market
    • 5.1.1 China Converter Transformer Market by Application
    • 5.1.2 China Converter Transformer Market by Type
  • 5.2 Japan Converter Transformer Market
    • 5.2.1 Japan Converter Transformer Market by Application
    • 5.2.2 Japan Converter Transformer Market by Type
  • 5.3 India Converter Transformer Market
    • 5.3.1 India Converter Transformer Market by Application
    • 5.3.2 India Converter Transformer Market by Type
  • 5.4 South Korea Converter Transformer Market
    • 5.4.1 South Korea Converter Transformer Market by Application
    • 5.4.2 South Korea Converter Transformer Market by Type
  • 5.5 Singapore Converter Transformer Market
    • 5.5.1 Singapore Converter Transformer Market by Application
    • 5.5.2 Singapore Converter Transformer Market by Type
  • 5.6 Malaysia Converter Transformer Market
    • 5.6.1 Malaysia Converter Transformer Market by Application
    • 5.6.2 Malaysia Converter Transformer Market by Type
  • 5.7 Rest of Asia Pacific Converter Transformer Market
    • 5.7.1 Rest of Asia Pacific Converter Transformer Market by Application
    • 5.7.2 Rest of Asia Pacific Converter Transformer Market by Type

Chapter 6. Company Profiles

  • 6.1 ABB Group
    • 6.1.1 Company Overview
    • 6.1.1 Financial Analysis
    • 6.1.2 Segmental and Regional Analysis
    • 6.1.3 Research & Development Expense
    • 6.1.4 Recent strategies and developments:
      • 6.1.4.1 Partnerships, Collaborations, and Agreements:
      • 6.1.4.2 Acquisition and Mergers:
    • 6.1.5 SWOT Analysis
  • 6.2 Siemens AG
    • 6.2.1 Company Overview
    • 6.2.2 Financial Analysis
    • 6.2.3 Segmental and Regional Analysis
    • 6.2.4 Research & Development Expense
    • 6.2.5 Recent strategies and developments:
      • 6.2.5.1 Product Launches and Product Expansions:
      • 6.2.5.2 Acquisition and Mergers:
    • 6.2.6 SWOT Analysis
  • 6.3 General Electric (GE) Co.
    • 6.3.1 Company Overview
    • 6.3.2 Financial Analysis
    • 6.3.3 Segmental and Regional Analysis
    • 6.3.4 Research & Development Expense
    • 6.3.5 SWOT Analysis
  • 6.4 Toshiba Corporation
    • 6.4.1 Company Overview
    • 6.4.2 Financial Analysis
    • 6.4.3 Segmental and Regional Analysis
    • 6.4.4 Research and Development Expense
    • 6.4.5 SWOT Analysis
  • 6.5 Mitsubishi Electric Corporation
    • 6.5.1 Company Overview
    • 6.5.2 Financial Analysis
    • 6.5.3 Segmental and Regional Analysis
    • 6.5.4 Research & Development Expense
    • 6.5.5 SWOT Analysis
  • 6.6 Kirloskar Electric Co. Ltd.
    • 6.6.1 Company Overview
    • 6.6.2 Financial Analysis
    • 6.6.3 Segmental Analysis
  • 6.7 CG Power & Industrial Solutions Ltd. (Murugappa Group)
    • 6.7.1 Company Overview
    • 6.7.2 Financial Analysis
    • 6.7.3 Segmental and Regional Analysis
  • 6.8 Bharat Heavy Electricals Ltd.
    • 6.8.1 Company Overview
    • 6.8.2 Financial Analysis
    • 6.8.3 Segmental Analysis
  • 6.9 Xi'an Xidian Transformer Co., Ltd.
    • 6.9.1 Company Overview

LIST OF TABLES

  • TABLE 1 Asia Pacific Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 2 Asia Pacific Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 3 Asia Pacific Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 4 Asia Pacific Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 5 Asia Pacific Grid Connections Market by Country, 2018 - 2021, USD Million
  • TABLE 6 Asia Pacific Grid Connections Market by Country, 2022 - 2028, USD Million
  • TABLE 7 Asia Pacific Wind Farms Market by Country, 2018 - 2021, USD Million
  • TABLE 8 Asia Pacific Wind Farms Market by Country, 2022 - 2028, USD Million
  • TABLE 9 Asia Pacific Oil & Gas Market by Country, 2018 - 2021, USD Million
  • TABLE 10 Asia Pacific Oil & Gas Market by Country, 2022 - 2028, USD Million
  • TABLE 11 Asia Pacific Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 12 Asia Pacific Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 13 Asia Pacific 401-600 Kv Market by Country, 2018 - 2021, USD Million
  • TABLE 14 Asia Pacific 401-600 Kv Market by Country, 2022 - 2028, USD Million
  • TABLE 15 Asia Pacific 201-400 Kv Market by Country, 2018 - 2021, USD Million
  • TABLE 16 Asia Pacific 201-400 Kv Market by Country, 2022 - 2028, USD Million
  • TABLE 17 Asia Pacific 601-800 Kv Market by Country, 2018 - 2021, USD Million
  • TABLE 18 Asia Pacific 601-800 Kv Market by Country, 2022 - 2028, USD Million
  • TABLE 19 Asia Pacific Converter Transformer Market by Country, 2018 - 2021, USD Million
  • TABLE 20 Asia Pacific Converter Transformer Market by Country, 2022 - 2028, USD Million
  • TABLE 21 China Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 22 China Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 23 China Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 24 China Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 25 China Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 26 China Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 27 Japan Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 28 Japan Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 29 Japan Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 30 Japan Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 31 Japan Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 32 Japan Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 33 India Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 34 India Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 35 India Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 36 India Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 37 India Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 38 India Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 39 South Korea Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 40 South Korea Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 41 South Korea Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 42 South Korea Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 43 South Korea Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 44 South Korea Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 45 Singapore Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 46 Singapore Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 47 Singapore Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 48 Singapore Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 49 Singapore Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 50 Singapore Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 51 Malaysia Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 52 Malaysia Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 53 Malaysia Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 54 Malaysia Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 55 Malaysia Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 56 Malaysia Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 57 Rest of Asia Pacific Converter Transformer Market, 2018 - 2021, USD Million
  • TABLE 58 Rest of Asia Pacific Converter Transformer Market, 2022 - 2028, USD Million
  • TABLE 59 Rest of Asia Pacific Converter Transformer Market by Application, 2018 - 2021, USD Million
  • TABLE 60 Rest of Asia Pacific Converter Transformer Market by Application, 2022 - 2028, USD Million
  • TABLE 61 Rest of Asia Pacific Converter Transformer Market by Type, 2018 - 2021, USD Million
  • TABLE 62 Rest of Asia Pacific Converter Transformer Market by Type, 2022 - 2028, USD Million
  • TABLE 63 Key Information - ABB Group
  • TABLE 64 Key Information - Siemens AG
  • TABLE 65 KEY INFORMATION - GENERAL ELECTRIC (GE) CO.
  • TABLE 66 Key Information - Toshiba Corporation
  • TABLE 67 key information - Mitsubishi Electric Corporation
  • TABLE 68 Key Information - Kirloskar Electric Co., Ltd.
  • TABLE 69 Key Information - CG Power & Industrial Solutions Ltd.
  • TABLE 70 Key information - Bharat Heavy Electricals Ltd.
  • TABLE 71 Key Information - Xi'an Xidian Transformer Co., Ltd.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 SWOT Analysis: ABB Group
  • FIG 3 Swot analysis: Siemens AG
  • FIG 4 Swot analysis: General electric (GE) Co.
  • FIG 5 SWOT Analysis: Toshiba Corporation
  • FIG 6 SWOT Analysis: Mitsubishi Electric Corporation
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