Energy and Power Asia-Pacific Package Substation Market | Page 3
market. With majority of applications in residential and commercial loads, this segment has a
prospective market in Asia-Pacific.
Southeast Asia is a key market for package substation
East Asia is the largest package substation market in Asia-Pacific. China and Japan are the largest
markets in the region, due to increasing demand for electricity and power generation capacity
additions. Southeast Asia is expected to grow at the highest rate from 2015 to 2020. Countries
such as Indonesia, Malaysia, and Vietnam have high growth prospects in the Asia -Pacific package
substation market. Increasing focus on renewable power generation and modernization of
existing power infrastructure is likely to further boost the demand for the package substation
market in the Southeast Asia region.
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