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Can Asia-Pacific Package Substation Market Survive in Changing Trends of Industry

The report "Asia-Pacific Package Substation Market by Application (Industries, Power, & Infrastructure), by Type (Below 36 kV & 36-150 kV), & by Region (Central Asia, East Asia, South Asia, Southeast Asia, & Rest of Asia-Pacific) - Global Forecast to 2020", The Asia-Pacific package substation market is expected to reach USD 3.04 Billion by 2020, at a CAGR of 7.82% from 2015 to 2020.

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Can Asia-Pacific Package Substation Market Survive in Changing Trends of Industry

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  1. Can Asia-Pacific Package Substation Market Survive in Changing Trends ofIndustry • The report "Asia-Pacific Package Substation Marketby Application (Industries, Power, & Infrastructure), by Type (Below 36 kV & 36-150 kV), & by Region (Central Asia, East Asia, South Asia, Southeast Asia, & Rest of Asia-Pacific) - Global Forecast to 2020", The Asia- Pacific package substation market is expected to reach USD 3.04 Billion by 2020, at a CAGR of 7.82% from 2015 to2020. • To provide an in-depth understanding of the competitive landscape, the report includes profiles of some of the leading players in the Asia-Pacific package substation market, namely, ABB Ltd. (Switzerland), Schneider Electric SE(France), Siemens AG (Germany), General Electric Company (U.S.), and Eaton Corporation Plc. (Ireland). These companies have been the most active in terms of strategic developments from January 2012 to January 2016. Most of these market players are present in Europe and have been actively participating in competitivedevelopments. • Get A Sample Copy for More Information@ https://www.marketsandmarkets.com/requestsample.asp?id=717 • Scope of thereport • ByType: • ACMotors • DCMotors • ByVoltage: • < 1 kV(Low) • 1 kV–6.6 kV(Medium) • > 6.6 kV(High) • By OutputPower • < 1 hp (Fractionalhorsepower) • > 1 hp (Integralhorsepower) • ByEnd-User • Industrial • Mining &Metals • Oil &Gas • Chemicals &Petrochemicals • Cement &Manufacturing • Utilities • Others • Commercial

  2. Residential • Transportation • Agriculture • Browse 151 market data Tables and 59 Figures spread through 200 Pages and in -depth TOC on "Asia-Pacific Package Substation Market - Global Forecast to2020" • Download PDF Brochure Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=717 • 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 theregion. • 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 SoutheastAsia. • Industries application segment to register the highestgrowth • 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 packagesubstation. • Buy This Report Here: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=717 • Below 36 kV package substation segment is expected to lead themarket • 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 forpowerdistribution,whichinturn,islikelytodrivethebelow36kVpackagesubstation

  3. market. With majority of applications in residential and commercial loads, this segment has a prospective market inAsia-Pacific. Southeast Asia is a key market for packagesubstation 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 Asiaregion. AboutMarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenuesdecisions. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of nichemarkets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 DundeeRoad Suite430 Northbrook, IL60062 USA :1-888-600-6441 sales@marketsandmarkets.com

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