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The market is segmented by Type (Distribution Transformer and Power Transformer) and Geography (India, China, Japan, South Korea, and Rest of Asia-Pacific)
Greater Than 8 %
The Asia-Pacific smart transformers market is expected to grow at a CAGR of more than 8% during the forecast period. Factors such as the increasing focus of governments across the developed and emerging economies, such as China and India, on adopting smart technology in power grid infrastructure and rising challenges, such as ageing transmission and distribution (T&D) infrastructure, electric vehicle charging, and distributed generation, are expected to benefit the growth of smart transformers across Asia-Pacific. Moreover, the increasing demand for smart grid technologies and energy storage initiatives is likely to further drive the smart transformers market during the forecast period. The challenge, however, is the problem of low accessibility to electricity in some nations and poor government regulations and initiatives to expand and modernize the grid infrastructure, which in turn is expected to limit the growth of the market studied.
The Asia-Pacific smart transformers market report include:
|Rest of Asia-Pacific|
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The Asia-Pacific smart transformers market is moderately fragmented. Some of the key players in the market include ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corporation PLC, and General Electric Company.
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.6 Supply Chain Analysis
4.7 Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Consumers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes Products and Services
4.7.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1.1 Distribution Transformers
5.1.2 Power Transformers
5.2.4 South Korea
5.2.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 ABB Ltd
6.3.2 Crompton Greaves
6.3.3 Siemens AG
6.3.4 General Electric Company
6.3.5 Hitachi Ltd.
6.3.6 Schneider Electric SE
6.3.7 Mitsubishi Electric Corporation
6.3.8 SPX Transformer Solutions Inc.
6.3.9 Eaton Corporation plc
6.3.10 KONCAR - Electrical Industry Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability