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PUBLISHER: KBV Research | PRODUCT CODE: 1431401
PUBLISHER: KBV Research | PRODUCT CODE: 1431401
Asia Pacific Oil Immersed Power Transformer Market Size, Share & Trends Analysis Report By Phase, By Installation, By Voltage, By End User, By Country and Growth Forecast, 2023 - 2030
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PAGES: 131 Pages
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The Asia Pacific Oil Immersed Power Transformer Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030).
Oil-immersed power transformers find diverse applications across the electricity value chain, from power generation to distribution. Oil-immersed transformers step up or down voltage levels at power plants to facilitate efficient electricity transmission. Large oil-immersed transformers are deployed in high-voltage transmission networks to transmit electricity over long distances, reducing energy losses.
Furthermore, in distribution networks, medium-voltage oil-immersed transformers further adjust voltage levels to match the requirements of industrial, commercial, and residential consumers. Industries rely on oil-immersed transformers for various manufacturing processes to meet voltage requirements. Oil-immersed transformers are integral to developing new infrastructure, including smart grids and electrified transportation systems.
As per the State Council of China, the country was the major driving force behind the world's rapid expansion of renewable power generation capacity in 2023, which grew by 50 percent to 510 gigawatts. China's installed renewable energy capacity exceeded 1.45 billion kilowatts in 2023, accounting for more than 50 percent of the country's total installed power generation capacity. Furthermore, ongoing infrastructure development projects in India, including constructing smart cities, industrial corridors, and rural electrification initiatives, require robust power infrastructure. As per the data from the Ministry of Power of India, in 2023-24, an objective of 1,750 billion units (BU) has been established for electricity generation. The actual generation for the preceding year (2022-23) amounted to 1624.158 BU, representing an increase of approximately 7.2%. The generation during 2022-23 was 1624.158 BU compared to 1491.859 BU generated during 2021-22, representing a growth of about 8.87%. Therefore, increasing renewable energy integration and electricity consumption in the Asia Pacific will help expand the regional market.
The China market dominated the Asia Pacific Oil Immersed Power Transformer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,980 Million by 2030. The Japan market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).
Based on Phase, the market is segmented into Three, and Single. Based on Installation, the market is segmented into Pad-mounted, Pole-mounted, and Substation Installation. Based on Voltage, the market is segmented into High, Medium, and Low. Based on End User, the market is segmented into Utilities, Industrial, and Residential & Commercial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- ABB Group
- Siemens AG
- Schneider Electric SE
- Eaton Corporation PLC
- Hitachi, Ltd. (Hitachi Energy Ltd.)
- General Electric Company
- Fuji Electric Co. Ltd.
- Toshiba Corporation
- Voltamp Transformers Limited
- YueBian Electric Co.,Ltd.
Asia Pacific Oil Immersed Power Transformer Market Report Segmentation
By Phase
- Three
- Single
By Installation
- Pad-mounted
- Pole-mounted
- Substation Installation
By Voltage
- High
- Medium
- Low
By End User
- Utilities
- Industrial
- Residential & Commercial
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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 Oil Immersed Power Transformer Market, by Phase
- 1.4.2 Asia Pacific Oil Immersed Power Transformer Market, by Installation
- 1.4.3 Asia Pacific Oil Immersed Power Transformer Market, by Voltage
- 1.4.4 Asia Pacific Oil Immersed Power Transformer Market, by End User
- 1.4.5 Asia Pacific Oil Immersed Power Transformer Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2022
- 4.2 Porter Five Forces Analysis
Chapter 5. Asia Pacific Oil Immersed Power Transformer Market by Phase
- 5.1 Asia Pacific Three Market by Country
- 5.2 Asia Pacific Single Market by Country
Chapter 6. Asia Pacific Oil Immersed Power Transformer Market by Installation
- 6.1 Asia Pacific Pad-mounted Market by Country
- 6.2 Asia Pacific Pole-mounted Market by Country
- 6.3 Asia Pacific Substation Installation Market by Country
Chapter 7. Asia Pacific Oil Immersed Power Transformer Market by Voltage
- 7.1 Asia Pacific High Market by Country
- 7.2 Asia Pacific Medium Market by Country
- 7.3 Asia Pacific Low Market by Country
Chapter 8. Asia Pacific Oil Immersed Power Transformer Market by End User
- 8.1 Asia Pacific Utilities Market by Country
- 8.2 Asia Pacific Industrial Market by Country
- 8.3 Asia Pacific Residential & Commercial Market by Country
Chapter 9. Asia Pacific Oil Immersed Power Transformer Market by Country
- 9.1 China Oil Immersed Power Transformer Market
- 9.1.1 China Oil Immersed Power Transformer Market by Phase
- 9.1.2 China Oil Immersed Power Transformer Market by Installation
- 9.1.3 China Oil Immersed Power Transformer Market by Voltage
- 9.1.4 China Oil Immersed Power Transformer Market by End User
- 9.2 Japan Oil Immersed Power Transformer Market
- 9.2.1 Japan Oil Immersed Power Transformer Market by Phase
- 9.2.2 Japan Oil Immersed Power Transformer Market by Installation
- 9.2.3 Japan Oil Immersed Power Transformer Market by Voltage
- 9.2.4 Japan Oil Immersed Power Transformer Market by End User
- 9.3 India Oil Immersed Power Transformer Market
- 9.3.1 India Oil Immersed Power Transformer Market by Phase
- 9.3.2 India Oil Immersed Power Transformer Market by Installation
- 9.3.3 India Oil Immersed Power Transformer Market by Voltage
- 9.3.4 India Oil Immersed Power Transformer Market by End User
- 9.4 South Korea Oil Immersed Power Transformer Market
- 9.4.1 South Korea Oil Immersed Power Transformer Market by Phase
- 9.4.2 South Korea Oil Immersed Power Transformer Market by Installation
- 9.4.3 South Korea Oil Immersed Power Transformer Market by Voltage
- 9.4.4 South Korea Oil Immersed Power Transformer Market by End User
- 9.5 Singapore Oil Immersed Power Transformer Market
- 9.5.1 Singapore Oil Immersed Power Transformer Market by Phase
- 9.5.2 Singapore Oil Immersed Power Transformer Market by Installation
- 9.5.3 Singapore Oil Immersed Power Transformer Market by Voltage
- 9.5.4 Singapore Oil Immersed Power Transformer Market by End User
- 9.6 Malaysia Oil Immersed Power Transformer Market
- 9.6.1 Malaysia Oil Immersed Power Transformer Market by Phase
- 9.6.2 Malaysia Oil Immersed Power Transformer Market by Installation
- 9.6.3 Malaysia Oil Immersed Power Transformer Market by Voltage
- 9.6.4 Malaysia Oil Immersed Power Transformer Market by End User
- 9.7 Rest of Asia Pacific Oil Immersed Power Transformer Market
- 9.7.1 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase
- 9.7.2 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation
- 9.7.3 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage
- 9.7.4 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User
Chapter 10. Company Profiles
- 10.1 Voltamp Transformers Limited
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.2 YueBian Electric Co.,Ltd.
- 10.2.1 Company Overview
- 10.3 ABB Group
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 SWOT Analysis
- 10.4 Siemens AG
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.6 SWOT Analysis
- 10.5 Schneider Electric SE
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Acquisition and Mergers:
- 10.5.6 SWOT Analysis
- 10.6 Eaton Corporation PLC
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Segmental and Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 SWOT Analysis
- 10.7 Hitachi, Ltd. (Hitachi Energy Ltd.)
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Product Launches and Product Expansions:
- 10.7.5.2 Geographical Expansions:
- 10.8 General Electric Company
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 SWOT Analysis
- 10.9 Fuji Electric Co. Ltd.
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 Recent strategies and developments:
- 10.9.5.1 Product Launches and Product Expansions:
- 10.9.6 SWOT Analysis
- 10.10. Toshiba Corporation
- 10.10.1 Company Overview
- 10.10.2 Financial Analysis
- 10.10.3 Segmental and Regional Analysis
- 10.10.4 Research and Development Expense
- 10.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 2 Asia Pacific Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 3 Asia Pacific Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 4 Asia Pacific Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 5 Asia Pacific Three Market by Country, 2019 - 2022, USD Million
- TABLE 6 Asia Pacific Three Market by Country, 2023 - 2030, USD Million
- TABLE 7 Asia Pacific Single Market by Country, 2019 - 2022, USD Million
- TABLE 8 Asia Pacific Single Market by Country, 2023 - 2030, USD Million
- TABLE 9 Asia Pacific Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 10 Asia Pacific Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 11 Asia Pacific Pad-mounted Market by Country, 2019 - 2022, USD Million
- TABLE 12 Asia Pacific Pad-mounted Market by Country, 2023 - 2030, USD Million
- TABLE 13 Asia Pacific Pole-mounted Market by Country, 2019 - 2022, USD Million
- TABLE 14 Asia Pacific Pole-mounted Market by Country, 2023 - 2030, USD Million
- TABLE 15 Asia Pacific Substation Installation Market by Country, 2019 - 2022, USD Million
- TABLE 16 Asia Pacific Substation Installation Market by Country, 2023 - 2030, USD Million
- TABLE 17 Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 18 Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 19 Asia Pacific High Market by Country, 2019 - 2022, USD Million
- TABLE 20 Asia Pacific High Market by Country, 2023 - 2030, USD Million
- TABLE 21 Asia Pacific Medium Market by Country, 2019 - 2022, USD Million
- TABLE 22 Asia Pacific Medium Market by Country, 2023 - 2030, USD Million
- TABLE 23 Asia Pacific Low Market by Country, 2019 - 2022, USD Million
- TABLE 24 Asia Pacific Low Market by Country, 2023 - 2030, USD Million
- TABLE 25 Asia Pacific Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 26 Asia Pacific Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 27 Asia Pacific Utilities Market by Country, 2019 - 2022, USD Million
- TABLE 28 Asia Pacific Utilities Market by Country, 2023 - 2030, USD Million
- TABLE 29 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
- TABLE 30 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Million
- TABLE 31 Asia Pacific Residential & Commercial Market by Country, 2019 - 2022, USD Million
- TABLE 32 Asia Pacific Residential & Commercial Market by Country, 2023 - 2030, USD Million
- TABLE 33 Asia Pacific Oil Immersed Power Transformer Market by Country, 2019 - 2022, USD Million
- TABLE 34 Asia Pacific Oil Immersed Power Transformer Market by Country, 2023 - 2030, USD Million
- TABLE 35 China Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 36 China Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 37 China Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 38 China Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 39 China Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 40 China Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 41 China Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 42 China Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 43 China Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 44 China Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 45 Japan Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 46 Japan Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 47 Japan Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 48 Japan Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 49 Japan Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 50 Japan Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 51 Japan Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 52 Japan Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 53 Japan Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 54 Japan Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 55 India Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 56 India Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 57 India Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 58 India Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 59 India Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 60 India Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 61 India Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 62 India Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 63 India Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 64 India Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 65 South Korea Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 66 South Korea Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 67 South Korea Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 68 South Korea Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 69 South Korea Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 70 South Korea Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 71 South Korea Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 72 South Korea Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 73 South Korea Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 74 South Korea Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 75 Singapore Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 76 Singapore Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 77 Singapore Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 78 Singapore Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 79 Singapore Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 80 Singapore Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 81 Singapore Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 82 Singapore Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 83 Singapore Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 84 Singapore Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 85 Malaysia Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 86 Malaysia Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 87 Malaysia Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 88 Malaysia Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 89 Malaysia Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 90 Malaysia Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 91 Malaysia Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 92 Malaysia Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 93 Malaysia Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 94 Malaysia Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 95 Rest of Asia Pacific Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
- TABLE 96 Rest of Asia Pacific Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
- TABLE 97 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
- TABLE 98 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
- TABLE 99 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
- TABLE 100 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
- TABLE 101 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
- TABLE 102 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
- TABLE 103 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
- TABLE 104 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
- TABLE 105 Key Information - Voltamp Transformers Limited
- TABLE 106 Key Information - YueBian Electric Co.,Ltd.
- TABLE 107 Key Information - ABB Group
- TABLE 108 Key Information - Siemens AG
- TABLE 109 Key Information - Schneider Electric SE
- TABLE 110 Key Information - Eaton Corporation PLC
- TABLE 111 Key Information - Hitachi, Ltd.
- TABLE 112 Key Information - General Electric Company
- TABLE 113 Key Information - Fuji Electric Co., Ltd.
- TABLE 114 Key Information - Toshiba Corporation
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