Energy and Power Asia-Pacific Package Substation Market | Page 2

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Browse 151 market data Tables and 59 Figures spread through 200 Pages and in -depth TOC
on "Asia-Pacific Package Substation Market - Global Forecast to 2020"
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East Asia is estimated to be the largest market for package substation in 2015. This growth is
attributed to growing demand for electricity and power generation capacity additions. China and
Japan are the largest markets in the East Asia region. South Asia is expected to be the second
largest market, after East Asia, because of the use of package substations in the renewable sector.
Increasing focus on renewable generation is one of the major factors driving the growth of the
package substation market in the region.
Southeast Asia is expected to have the highest growth during the forecast period. Modernization
of existing power infrastructure in countries such as Malaysia and Indonesia is the major factor
driving the package substation market in Southeast Asia.
Industries application segment to register the highest growth
The industries segment requires package substation to transform voltage and prevent damage to
expensive instruments caused by overload and over-temperature, high resistance winding faults,
current and voltage unbalance, phase loss, and phase reverse. Moreover, they consist of
advanced technologies that help to minimize loss and maximize efficiency. The industries
segment is expected to be the fastest growing segment from 2015 to 2020. This growth is
attributed to expansion of distribution networks in Asia-Pacific. This in turn would require
deployment of power equipment such as package substation.
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Below 36 kV package substation segment is expected to lead the market
Below 36 kV package substations are primarily employed in commercial buildings, household,
and hospitals. It is estimated to be the largest segment, by type, for the package substation
market in 2015. Increasing demand for electricity in Asia-Pacific requires integrated equipment
for power distribution, which in turn, is likely to drive the below 36 kV package substation