DUBLIN--(BUSINESS WIRE )--The "Indonesia Power and Distribution Transformers Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering.
Indonesia is a densely populated country in the South East Asia region. Infrastructure expansion, establishment of manufacturing industries as well as improving electrification across the country are some of the key factors which would lead to the growth of power and distribution transformers market in Indonesia.
In the Western region of the country which includes Java and Bali, electrification is already 99% or even more, the demand of new transformers is likely to fall in these regions during the forecast period, while the demand would rise in the Eastern part of the country which includes Kalimantan, Sulawesi and Papua due to the development of substations and power plants in these regions.
According to this research, Indonesia power and distribution transformers market size is projected to reach $1.2 billion by 2025.
The market is anticipated to witness strong growth during 2018 and 2019 owing to government initiatives such as the government 35GW programme and the electricity demand forecast as per the RUPTL (Electricity Supply Business Plan- Rencana Umum Penyediaan Tenaga Listrik) 2018-27. Slight decline in the market is anticipated during 2020-23, primarily due to success of government initiatives to bring all the households under a stable electricity network.
Amongst all the applications, power utilities accounted for the largest revenue share in the overall Indonesia power and distribution transformers market share. Indonesian state-owned company PLN is planning to improve electrification across 400 remote islands in Indonesia, which would drive Indonesia Power and Distribution Transformers market forecast period revenues in utilities application.
Some of the key players in Indonesia power and distribution transformers market includes: PT Bambang Djaja, PT Trafoindo Prima Perkasa, PT CG Power Systems Indonesia, GE Indonesia, PT Siemens Indonesia and PT Schneider Electric Indonesia.
Indonesia power and distribution transformers market report thoroughly covers the market by types, cooling types, KVA ratings, applications and regions. The Indonesia power and distribution transformers market outlook report provides an unbiased and detailed analysis of the Indonesia power and distribution transformers market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Electricity
ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Electricity