DUBLIN--(BUSINESS WIRE)--The "Asia-Pacific Power Transformer Market by Country - Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
Power transformer is a static machine used in transmission network. It helps in transmission of power from one network to the other without change in frequency. These transformers operate at high or peak load and have maximum efficiency at full load. One of the key concerns in transmission of power is transmission loss. Power transformers allow transmission of power over long distances at high voltages, thus minimizing the transmission loss. Over the years, there has been a significant increase in the transmission voltages whereas generation and distribution voltages have remained constant. Power transformers have allowed this shift from low-voltage power transmission to high-voltage power transmission.
The Asia-Pacific power transformer (<100 MVA) 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 (<100 MVA) 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.
- ASEA Brown Boveri Group
- Bharat Heavy Electricals Limited
- Crompton Greaves Ltd.
- General Electric Company
- Hyundai Heavy Industries Co. Ltd.
- Mitsubishi Electric Corporation
- Schneider Electric SA
- Siemens AG
- Tebian Electric Apparatus
- Toshiba Corporation
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Asia-Pacific Power Transformer (<100 MVA) Market, By Country
5. Company Profiles
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