South-East Asia DC Distribution Network Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 5.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South-East Asia DC Distribution Network Market Analysis
The Southeast Asian DC distribution network market is expected to register a CAGR of over 3.5% during the forecast period.
The market was negatively impacted by COVID-19 in 2020. Currently, the market has reached pre-pandemic levels.
- Over the short term, the Southeast Asian DC distribution network market is expected to grow due to the factors such as growth in renewable energy installations with battery storage devices and the advantages over AC distribution networks like power sharing between systems with different frequencies.
- On the other hand, the threat still subsides for the market growth due to the high initial cost and the complexity of these networks compared to generic distribution networks.
- Nevertheless, the growing inclination toward smart grids and the expansion of solar power (that generates direct current) at the global level creates tremendous opportunities for the DC distribution network market in the Southeast Asian region.
- Malaysia is expected to be the frontrunner in market growth due to the developments in the renewable energy and telecom sector.
South-East Asia DC Distribution Network Market Trends
This section covers the major market trends shaping the South-East Asia DC Distribution Network Market according to our research experts:
Data Centers Expected to Witness Significant Growth
- The region witnessed strong growth in the IT and telecom sectors in recent years, with the setting up of new data centers by giant IT companies. The countries like Singapore, Thailand, and Malaysia were highlighted in the data-center market in the last decade. The high growth is attributed to the factors like the demand for reliable power supply for financial institutions and the advancing steps of IOT (Internet of things) in almost every economic sector.
- The growing electricity consumption in the commercial sector in many Southeast Asian countries has resulted in an expansion in DC power distribution networks. For instance, in Thailand, the electricity consumed by the business sector saw a continuous uptrend in recent years (except for the COVID-19 impact), reaching 41,529 GWh in the year 2021. The country has planned even more projects to see a high jump in the trend again.
- For instance, in June 2022, Coldwell Banker Richard Ellis reported that regional data-center operators are expected to increase their investments in data centers in the country due to the surge in data demand propelled by the growth in cloud computing and social media use.
- In addition, in September 2022, a leading IT infrastructure company, NTT Data, announced new plans to kickstart the construction of their sixth data center in Cyberjaya, Malaysia, soon after completing the fifth in 2021.
- Such developments are expected to expand the DC distribution networks market in the data-center sector during the forecast period.
Malaysia Expected to Witness Significant Growth
- The scarcity of land in Singapore has prompted investments in relatively larger countries like Malaysia and Indonesia. In Malaysia, private investments in the energy sector (particularly renewable energy) have led to higher demand for power distribution networks.
- Renewable energy generation reached around 3.1 TWh of value in 2021, which majorly consisted of solar energy, which generates DC power. The Malaysian government has more ambitious plans to have about 31% of electricity generated from renewables by 2025 and 40 % by 2030, which is expected to impact the power distribution networks directly.
- The other biggest driver for the market is the expansion of the telecom sector in the country with the proliferation of data centers. For instance, in March 2022, Yondr announced new plans to set up a hyper-scale data center campus with a power capacity of around 200 MW on approx. 72.8 acres of land in Sedenak Tech Park, Malaysia. The facility is expected to be operational in the year 2024.
- Furthermore, the market is also anticipated to have an overwhelming effect due to the growing installation of DC charging stations for electric vehicles. The EV charging specialist company, EV Connection Sdn Bhd, has announced plans to have more installations of DC chargers in the country in the next three-to-five years. Moreover, Shell has also tabled new plans to install 180 kW of DC chargers for EVs in six Shell stations across Malaysia and Singapore by 2022.
- Owing to such developments, the country is expected to overshadow the other parts of the region in the coming years.
South-East Asia DC Distribution Network Industry Overview
The Southeast Asian DC distribution network market is fragmented in nature. Some of the key players in the market (in no particular order) include ABB Ltd, Siemens AG, Eaton Corporation PLC, Schneider Electric SE, and Alpha Technologies Inc.
South-East Asia DC Distribution Network Market Leaders
ABB Ltd.
Siemens AG
Eaton Corporation Plc.
Schneider Electric SE
Alpha Technologies Inc.
*Disclaimer: Major Players sorted in no particular order
South-East Asia DC Distribution Network Market News
- April 2022: The state-run telecom group, Viettel, announced plans to build a new data center in Ho Chi Minh, Vietnam. The company has earmarked an investment of around USD 261 million for the project.
South-East Asia DC Distribution Network Market Report - Table of Contents
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2027
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
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 End User
5.1.1 Commercial Buildings
5.1.2 Remote Cell Towers
5.1.3 Data Centers
5.1.4 Military Applications
5.1.5 EV Fast Charging Stations
5.1.6 Other End Users
5.2 Geography
5.2.1 Thailand
5.2.2 Malaysia
5.2.3 Indonesia
5.2.4 Rest of Southeast Asia
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 Siemens AG
6.3.3 Schneider Electric SE
6.3.4 Eaton Corporation Plc.
6.3.5 Alpha Technologies SE
6.3.6 EPE Malaysia
6.3.7 SGA SA
6.3.8 Vertiv Group Corp.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
South-East Asia DC Distribution Network Industry Segmentation
Electrical power is generally generated, transmitted, and distributed in alternating current (AC form). However, for certain applications where variable power requirements are there, like variable speed machinery incorporating DC motors and critical areas where storage battery reserves are necessary, DC power distribution networks are required.
The Southeast Asian DC distribution network market is segmented by end user and geography. By end user, the market is segmented into commercial buildings, remote cell towers, data centers, military applications, EV fast charging systems, and other end users. The report also covers the market size and forecasts for the Southeast Asian DC distribution network market across major countries. For each segment, the market sizing and forecasts have been done based on revenue (in USD billion).
| End User | |
| Commercial Buildings | |
| Remote Cell Towers | |
| Data Centers | |
| Military Applications | |
| EV Fast Charging Stations | |
| Other End Users |
| Geography | |
| Thailand | |
| Malaysia | |
| Indonesia | |
| Rest of Southeast Asia |
South-East Asia DC Distribution Network Market Research FAQs
What is the current South-East Asia DC Distribution Network Market size?
The South-East Asia DC Distribution Network Market is projected to register a CAGR of greater than 5.5% during the forecast period (2024-2029)
Who are the key players in South-East Asia DC Distribution Network Market?
ABB Ltd., Siemens AG, Eaton Corporation Plc., Schneider Electric SE and Alpha Technologies Inc. are the major companies operating in the South-East Asia DC Distribution Network Market.
What years does this South-East Asia DC Distribution Network Market cover?
The report covers the South-East Asia DC Distribution Network Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South-East Asia DC Distribution Network Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South-East Asia DC Distribution Network Industry Report
Statistics for the 2024 South-East Asia DC Distribution Network market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South-East Asia DC Distribution Network analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
