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TMCNet:  Rising Energy Demands Stoke the Southeast Asian Power and Distribution Transformers Market, Finds Frost & Sullivan

[September 26, 2012]

Rising Energy Demands Stoke the Southeast Asian Power and Distribution Transformers Market, Finds Frost & Sullivan

SINGAPORE, Sept. 26, 2012 /PRNewswire via COMTEX/ -- Developing countries in Southeast Asia have proposed extensive power development plans till 2015, while the developed countries are in the process of revamping their power infrastructure. Following a rise in the demand for electricity from the commercial, domestic and industrial sectors, a spate of power generation projects, T&D development, and industrial projects are driving the power and distribution transformers market.


New analysis from Frost & Sullivan (http://www.energy.frost.com), Southeast Asia Power and Distribution Transformers Market (2011 Update), finds that the market earned revenues of US$827.0 million in 2011 and estimates this to reach US$1.19 billion in 2016.

Countries such as Malaysia and the Philippines, which already have power grid networks, are looking to replace their ageing power infrastructure. Retrofit and reconstruction activities post the natural calamities in Thailand and the Philippines will also contribute to the growth of the transformer market in the next three years.

"Transformer manufacturers, especially in Malaysia, Philippines and Singapore, will do well to address the escalating demand for energy-efficient and environment-friendly 'green' transformers," said Frost & Sullivan Program Manager Suchitra Sriram. "Industrial development in developed countries, particularly in the sectors of oil & gas, mining, consumer electronics, manufacturing and construction, are expected to further boost the market." Even though power utilities are fast tracking their power generation projects, the transformer market will be bogged down by the delay in the execution of infrastructure projects due to the 2009 financial downturn, natural calamities and political instability in the region.

The market is also feeling the heat of competition from low-cost imports from China. These Chinese products, while being lower-priced, also comply with technical specifications. This poses multiple challenges to local manufacturers, which are unable to match their price points due to the increasing prices of raw materials.

The market is expected to rebound once projects' held-up capital is released and power infrastructure developmental projects recommence.

"Participants will do well to note that ultra-high voltage transformers are likely to become popular in this region, as large quantities of power need to be transferred across long distances with low transmission losses," noted Sriram. "Simultaneously, there will be a significant market for dry transformers in the end-user markets of commercial high rise buildings, wind energy projects and oil & gas projects." If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

Southeast Asia Power and Distribution Transformers Market (2011 Update) is part of the Energy & Power Growth Partnership Services program, which also includes research in the following markets: North American Electrical Equipment Market for Power Transmission, Chinese Transformer Market & Smart-grid Market, North American Electrical Equipment Market for Power Distribution and Analysis of Power Transmission & Distribution Market in Mining Industry. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies Contact Us: Start the discussion Join Us: Join our community Subscribe: Newsletter on "the next big thing" Register: Gain access to visionary innovation Southeast Asia Power and Distribution Transformers Market (2011 Update) P621-14 Contact: Donna Jeremiah Corporate Communications - Asia Pacific P: +61 (02) 8247 8927 F: +61 (02) 9252 8066 E: djeremiah@frost.com Carrie Low Corporate Communications - Asia Pacific P: +603 6204 5910 F: +603 6201 7402 E: carrie.low@frost.com Jessie Loh Corporate Communications - Asia Pacific P: +65 6890 0942 F: +65 6890 0988 E: jessie.loh@frost.com http://www.frost.com SOURCE Frost & Sullivan

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