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Asia-Pacific Power Transformer Market Witness Extraordinary Extension In The Next Five Years | ASEA Brown Boveri Group, Hyundai Heavy Industries Co.
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The Asia-Pacific power transformer market is currently in the growth stage, majorly for large transformers. Increase in demand for power, cross border power transmission, initiative to utilize more renewable and non-conventional energy sources, smart grids, and need to upgrade transmission networks boost the Asia-Pacific power transformer market. Utilization of ultra-high voltage transmission technology in the developing economies such as China and India demonstrate increase in importance of power transformers. However, high transformer cost as well as cost of protection instruments and supporting infrastructure prevents optimal utilization of power transformers throughout the region.
The Asia-Pacific power transformer market is segmented based on country such as China, Japan, India, South Korea, Australia, Indonesia, Vietnam, Malaysia, Myanmar, Hong Kong, Macau, Thailand, and rest of Asia-Pacific.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the Asia-Pacific power transformer market to elucidate the prevailing opportunities
It offers qualitative trends and quantitative analysis from 2016 to 2023 to assist stakeholders to understand the market scenario
In-depth analysis of the power transformer in locating the markets across various countries
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.
The major players profiled in this study include:
ASEA Brown Boveri Group
Crompton Greaves Ltd.
General Electric Company
Siemens AG
Schneider Electric SA
Hyundai Heavy Industries Co. Ltd.
Mitsubishi Electric Corporation
Tebian Electric Apparatus
Bharat Heavy Electricals Limited
Toshiba Corporation
KEY PLAYERS
Alstrom SA
China XD Electric
Kirloskar Electric Company
Bharat Bijlee
Voltamp Transformers
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KEY MARKET SEGMENTS
By Country
China
Japan
India
South Korea
Australia
Indonesia
Vietnam
Malaysia
Myanmar
Hong Kong
Macau
Thailand
Rest of Asia-Pacific
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