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Enclosures are used across a range of end-user sectors. The development of end-users directly affects enclosure demand. In Australia and New Zealand, market revenue declined between 2012 and 2014 due to reduced capital expenditure in key end-user sectors such as power, utilities, and mining. Revenue will return to normalized growth in 2015, driven ...

Oil and gas companies, oil and gas service companies, law firms, financial service companies, and government institutions, have all been calling for competitive advantage through mergers and acquisitions (M&A) in Malaysia. In recent times, Malaysian oil and gas service companies have been adversely hit by the low oil price regime. Petronas, the lea...

This research service focuses primarily on the growing transmission and distribution cables market in Southeast Asia. The transmission and distribution cables market in Southeast Asia is well developed and is growing at a high rate. The structure of the cables industry is quite stable and the market demand for both transmission and distribution cab...

This research service discusses the present state and the future potential of the LNG market in Asia-Pacific. It covers Southeast Asia, East Asia, and Australia, and provides an in-depth analysis of the drivers and restraints and their impact over the forecast period. The equipment type covered includes turbomachinery, electrical equipment, and non...

IPPs in Southeast Asia, particularly ASEAN-6, face multiple challenges such as policy and regulatory restrictions and pressure to control carbon emissions. In addition, IPPs struggle to keep costs low to remain competitive while maintaining the highest quality in power generation, safety standards, and customer service. Incumbent technologies curre...

The Indian medium voltage (MV) switchgear market is well established with considerable demand from power generation companies, transmission and distribution (T&D) utilities, and industrial end-user segments. The products covered in the research service include indoor switchgear, outdoor switchgear, ring main units and compact substations. Initiativ...

The Asia-Pacific switchgear (low voltage, medium voltage, and high voltage) market is predicted to have a steady growth rate of 2.9% from 2018 to 2025, driven by increasing power demand and grid connectivity across the region. Demand for switchgears also is driven by retrofits of aging equipment, especially in the medium- and high-voltage categorie...

26 Mar 2019  |  Asia Pacific  |  Market Research

Asia-Pacific Switchgear Market, Forecast to 2025

Southeast Asia is Likely to Contribute to 50% of the Total Switchgear Sales by 2030 in APAC

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Key Issues Addressed

The APAC switchgear market will continue to grow at a steady CAGR of 2.9% from 2018 to 2025. The growth is attributed to the increasing power demand and grid connectivity across APAC. Moreover, the market will also be driven by retrofit of ageing equipment, especially for MV and HV switchgears. Nonetheless, the growth opportunities vary across re...

The recent report by the Intergovernmental Panel on Climate Change (IPCC) states that Global Warming has to be restricted to a maximum of 1.5°C above pre-industrial levels by 2030 in order to minimize the impacts of climate change in the future. Energy generation from burning fossil fuels is considered one of the main causes of climate change, and ...