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Asia Pacific High Voltage Power Transformer Market Share

Report ID: GMI6882
Published Date: Oct 2023
Report Format: PDF

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Asia Pacific High Voltage Power Transformer Market Share

Some of the key market players operating across the Asia Pacific high voltage power transformer industry are:

Hitachi Energy Ltd.
ABB
General Electric
Toshiba Energy Systems & Solutions Corporation
Hyosung Heavy Industries
HD HYUNDAI ELECTRIC CO., LTD.
WEG
CG Power & Industrial Solutions Ltd.
Kirloskar Electric Company
DAIHEN Corporation
Bharat Bijlee Limited
Siemens Energy
Bharat Heavy Electricals Limited
JSHP Transformer
LS ELECTRIC Co., Ltd.

General Electric commands a substantial share across the Asia Pacific high voltage power transformer industry, Renowned for its extensive expertise in engineering and manufacturing a wide range of transformer types, including power transformers and distribution transformers, among others, this company has a deep-rooted history in the transmission and distribution sector. Over the years, the company has provided transformer solutions for a diverse array of applications, serving commercial, industrial, and utility sectors alike.

Authors: Ankit Gupta, Vinayak Shukla

Frequently Asked Questions (FAQ) :

The market size of APAC high voltage power transformer was worth USD 9.5 billion in 2023 and will grow at 7.5% CAGR from 2024 to 2032, propelled by the growing global demand for electricity.

APAC high voltage power transformer market size from the oil immersed cooling segment is set to grow at more than 8.8% CAGR through 2032, owing to the increasing imperative to modernize and substitute aging transformers to improve grid reliability and efficiency.

India high voltage power transformer industry size is poised to witness about 8.2% CAGR through 2032, due to rising grid modernization efforts, including the adoption of smart grid technologies.

Toshiba Energy Systems & Solutions Corporation, Hitachi Energy Ltd., ABB, General Electric, Kirloskar Electric Company, Hyosung Heavy Industries, and DAIHEN Corporation among others.