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Affordable Price Efficient Design and Partnerships Determine Success in the Southeast Asian Power and Distribution Transformers Markets - New analysis from Frost & Sullivan, Southeast Asian Power and Distribution Transformers Markets, finds that market earned revenues of over $6.02 billion in 2007 and estimates this to reach $15.08 billion in 2014
Affordable Price Efficient Design and Partnerships Determine Success in the Southeast Asian Power and Distribution Transformers Markets

 

PRZOOM - /newswire/ - Singapore, Singapore, 2009/04/09 - New analysis from Frost & Sullivan, Southeast Asian Power and Distribution Transformers Markets, finds that market earned revenues of over $6.02 billion in 2007 and estimates this to reach $15.08 billion in 2014.

   
 
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The Southeast Asian power and distribution transformers markets are poised for strong growth, buoyed by the increase in power demand, the addition of power generation capacity, and active government support for infrastructure development. Other prominent factors contributing to market momentum are cost efficiency, design enhancement, and partnerships. At the back of economic growth, the energy needs of the region have been escalating across the industrial, commercial, and residential end-user segments.

New analysis from Frost & Sullivan (energy.frost.com), Southeast Asian Power and Distribution Transformers Markets, finds that market earned revenues of over $6.02 billion in 2007 and estimates this to reach $15.08 billion in 2014.

"Figures indicate that between 2007 and 2008, Southeast Asia has experienced an increase of about 7,000 MW to the capacity," says Frost & Sullivan Research Analyst Do Thai Son. "Every MV capacity addition would translate into proportionate spending on the transmission and distribution infrastructure to support the overall development of the region's economy."

Vietnam and Thailand have been at the forefront of the transformers' market development in Southeast Asia. In the long term, Indonesia is slated to become the new hotspot for the power and distribution markets, aiming to reach a target of an electrification ratio of up to 90 percent within the next decade. Rural electrification is another factor that is driving the growth of distribution transformers.

The benefit of increased power generation to the end users has been accomplished by a well-developed transmission and distribution infrastructure. The Southeast Asian countries exhibit differences in priorities in developing power transmission infrastructure focused on rural electrification and the primary focus of rural electrification includes improving the electrification ratio, expanding electrical network to address growing demand, and optimizing the assets to make the network more efficient and reliable.

However, transformer prices have registered a steep rise owing to the sudden increase in demand and the decrease in supply. Over the past four years, the average price prices have jumped by one and a half to two times, depending on system specification. The worldwide increase in the prices of copper, aluminum, and steel has contributed to the upswing in transformer prices, registering an increase of 20 to 25 percent per annum since 2004. The fluctuations in price have affected both power and distribution transformers alike.

Cost efficiency remains a major concern for users and great stakes are placed on the government's strategies to promote the green approach. Combining the ability to provide efficient lead time along with competitive pricing will enable participants to steal a march over competition. To circumvent the pricing pressure, manufacturers are pulling out all stops to enhance the efficiency of the design or set up budget manufacturers in low-cost countries.

"To ensure business expansion and divergence, it is imperative for participants to establish sound partnerships with local manufacturers, government agencies, value-added resellers, and distributors," explains Thai Son. "Manufacturers are striving to provide a broader portfolio of products, more comprehensive solution to customers; thus, the industry is becoming consolidated through mergers and acquisitions."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then 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 website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

Southeast Asian Power and Distribution Transformers Markets is part of the Energy and Power Growth Partnership Service program, which also includes research in the following markets: UPS, DC power system, power transmission and distribution services market, turbo machinery services market, renewable market, etc. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

Southeast Asian Power and Distribution Transformers Markets / P1F9

 
 
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Affordable Price Efficient Design and Partnerships Determine Success in the Southeast Asian Power and Distribution Transformers Markets

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