Asia Pacific Oil Immersed Power Transformer Market Size, Share & Trends Analysis Report By Phase, By Installation (Pad-mounted, Pole-mounted, and Substation Installation), By Voltage (High, Medium, and Low), By End User, By Country and Growth Forecast, 2023 - 2030

The Asia Pacific Oil Immersed Power Transformer Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030).

Oil-immersed power transformers find diverse applications across the electricity value chain, from power generation to distribution. Oil-immersed transformers step up or down voltage levels at power plants to facilitate efficient electricity transmission. Large oil-immersed transformers are deployed in high-voltage transmission networks to transmit electricity over long distances, reducing energy losses.

Furthermore, in distribution networks, medium-voltage oil-immersed transformers further adjust voltage levels to match the requirements of industrial, commercial, and residential consumers. Industries rely on oil-immersed transformers for various manufacturing processes to meet voltage requirements. Oil-immersed transformers are integral to developing new infrastructure, including smart grids and electrified transportation systems.

As per the State Council of China, the country was the major driving force behind the world's rapid expansion of renewable power generation capacity in 2023, which grew by 50 percent to 510 gigawatts. China's installed renewable energy capacity exceeded 1.45 billion kilowatts in 2023, accounting for more than 50 percent of the country's total installed power generation capacity. Furthermore, ongoing infrastructure development projects in India, including constructing smart cities, industrial corridors, and rural electrification initiatives, require robust power infrastructure. As per the data from the Ministry of Power of India, in 2023-24, an objective of 1,750 billion units (BU) has been established for electricity generation. The actual generation for the preceding year (2022-23) amounted to 1624.158 BU, representing an increase of approximately 7.2%. The generation during 2022-23 was 1624.158 BU compared to 1491.859 BU generated during 2021-22, representing a growth of about 8.87%. Therefore, increasing renewable energy integration and electricity consumption in the Asia Pacific will help expand the regional market.

The China market dominated the Asia Pacific Oil Immersed Power Transformer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,980 Million by 2030. The Japan market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.9% during (2023 - 2030).

Free Valuable Insights: The Global Oil Immersed Power Transformer Market is Predict to reach $31.5 Billion by 2030, at a CAGR of 6.1%

Based on Phase, the market is segmented into Three, and Single. Based on Installation, the market is segmented into Pad-mounted, Pole-mounted, and Substation Installation. Based on Voltage, the market is segmented into High, Medium, and Low. Based on End User, the market is segmented into Utilities, Industrial, and Residential & Commercial. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

• ABB Group
• Siemens AG
• Schneider Electric SE
• Eaton Corporation PLC
• Hitachi, Ltd. (Hitachi Energy Ltd.)
• General Electric Company
• Fuji Electric Co. Ltd.
• Toshiba Corporation
• Voltamp Transformers Limited
• YueBian Electric Co.,Ltd.

Asia Pacific Oil Immersed Power Transformer Market Report Segmentation

By Phase

• Three
• Single

By Installation

• Pad-mounted
• Pole-mounted
• Substation Installation

By Voltage

• High
• Medium
• Low

By End User

• Utilities
• Industrial
• Residential & Commercial

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Oil Immersed Power Transformer Market, by Phase
1.4.2 Asia Pacific Oil Immersed Power Transformer Market, by Installation
1.4.3 Asia Pacific Oil Immersed Power Transformer Market, by Voltage
1.4.4 Asia Pacific Oil Immersed Power Transformer Market, by End User
1.4.5 Asia Pacific Oil Immersed Power Transformer Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges

Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Porter Five Forces Analysis

Chapter 5. Asia Pacific Oil Immersed Power Transformer Market by Phase
5.1 Asia Pacific Three Market by Country
5.2 Asia Pacific Single Market by Country

Chapter 6. Asia Pacific Oil Immersed Power Transformer Market by Installation
6.1 Asia Pacific Pad-mounted Market by Country
6.2 Asia Pacific Pole-mounted Market by Country
6.3 Asia Pacific Substation Installation Market by Country

Chapter 7. Asia Pacific Oil Immersed Power Transformer Market by Voltage
7.1 Asia Pacific High Market by Country
7.2 Asia Pacific Medium Market by Country
7.3 Asia Pacific Low Market by Country

Chapter 8. Asia Pacific Oil Immersed Power Transformer Market by End User
8.1 Asia Pacific Utilities Market by Country
8.2 Asia Pacific Industrial Market by Country
8.3 Asia Pacific Residential & Commercial Market by Country

Chapter 9. Asia Pacific Oil Immersed Power Transformer Market by Country
9.1 China Oil Immersed Power Transformer Market
9.1.1 China Oil Immersed Power Transformer Market by Phase
9.1.2 China Oil Immersed Power Transformer Market by Installation
9.1.3 China Oil Immersed Power Transformer Market by Voltage
9.1.4 China Oil Immersed Power Transformer Market by End User
9.2 Japan Oil Immersed Power Transformer Market
9.2.1 Japan Oil Immersed Power Transformer Market by Phase
9.2.2 Japan Oil Immersed Power Transformer Market by Installation
9.2.3 Japan Oil Immersed Power Transformer Market by Voltage
9.2.4 Japan Oil Immersed Power Transformer Market by End User
9.3 India Oil Immersed Power Transformer Market
9.3.1 India Oil Immersed Power Transformer Market by Phase
9.3.2 India Oil Immersed Power Transformer Market by Installation
9.3.3 India Oil Immersed Power Transformer Market by Voltage
9.3.4 India Oil Immersed Power Transformer Market by End User
9.4 South Korea Oil Immersed Power Transformer Market
9.4.1 South Korea Oil Immersed Power Transformer Market by Phase
9.4.2 South Korea Oil Immersed Power Transformer Market by Installation
9.4.3 South Korea Oil Immersed Power Transformer Market by Voltage
9.4.4 South Korea Oil Immersed Power Transformer Market by End User
9.5 Singapore Oil Immersed Power Transformer Market
9.5.1 Singapore Oil Immersed Power Transformer Market by Phase
9.5.2 Singapore Oil Immersed Power Transformer Market by Installation
9.5.3 Singapore Oil Immersed Power Transformer Market by Voltage
9.5.4 Singapore Oil Immersed Power Transformer Market by End User
9.6 Malaysia Oil Immersed Power Transformer Market
9.6.1 Malaysia Oil Immersed Power Transformer Market by Phase
9.6.2 Malaysia Oil Immersed Power Transformer Market by Installation
9.6.3 Malaysia Oil Immersed Power Transformer Market by Voltage
9.6.4 Malaysia Oil Immersed Power Transformer Market by End User
9.7 Rest of Asia Pacific Oil Immersed Power Transformer Market
9.7.1 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase
9.7.2 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation
9.7.3 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage
9.7.4 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User

Chapter 10. Company Profiles
10.1 Voltamp Transformers Limited
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 YueBian Electric Co.,Ltd.
10.2.1 Company Overview
10.3 ABB Group
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 SWOT Analysis
10.4 Siemens AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.6 SWOT Analysis
10.5 Schneider Electric SE
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Acquisition and Mergers:
10.5.6 SWOT Analysis
10.6 Eaton Corporation PLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Hitachi, Ltd. (Hitachi Energy Ltd.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.5.2 Geographical Expansions:
10.8 General Electric Company
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expense
10.8.5 SWOT Analysis
10.9 Fuji Electric Co. Ltd.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Product Launches and Product Expansions:
10.9.6 SWOT Analysis
10.10. Toshiba Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research and Development Expense
10.10.5 SWOT Analysis

TABLE 1 Asia Pacific Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Three Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Three Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Single Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Single Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Pad-mounted Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Pad-mounted Market by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Pole-mounted Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Pole-mounted Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Substation Installation Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Substation Installation Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 19 Asia Pacific High Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific High Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Medium Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Medium Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Low Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Low Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Utilities Market by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Utilities Market by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Industrial Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Industrial Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Residential & Commercial Market by Country, 2019 - 2022, USD Million
TABLE 32 Asia Pacific Residential & Commercial Market by Country, 2023 - 2030, USD Million
TABLE 33 Asia Pacific Oil Immersed Power Transformer Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Oil Immersed Power Transformer Market by Country, 2023 - 2030, USD Million
TABLE 35 China Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 36 China Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 37 China Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 38 China Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 39 China Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 40 China Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 41 China Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 42 China Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 43 China Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 44 China Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 45 Japan Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 46 Japan Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 47 Japan Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 48 Japan Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 49 Japan Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 50 Japan Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 51 Japan Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 52 Japan Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 53 Japan Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 54 Japan Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 55 India Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 56 India Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 57 India Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 58 India Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 59 India Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 60 India Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 61 India Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 62 India Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 63 India Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 64 India Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 65 South Korea Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 66 South Korea Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 67 South Korea Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 68 South Korea Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 69 South Korea Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 70 South Korea Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 71 South Korea Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 72 South Korea Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 73 South Korea Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 74 South Korea Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 75 Singapore Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 76 Singapore Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 77 Singapore Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 78 Singapore Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 79 Singapore Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 80 Singapore Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 81 Singapore Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 82 Singapore Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 83 Singapore Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 84 Singapore Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 85 Malaysia Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 86 Malaysia Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 87 Malaysia Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 88 Malaysia Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 89 Malaysia Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 90 Malaysia Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 91 Malaysia Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 92 Malaysia Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 93 Malaysia Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 94 Malaysia Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 95 Rest of Asia Pacific Oil Immersed Power Transformer Market, 2019 - 2022, USD Million
TABLE 96 Rest of Asia Pacific Oil Immersed Power Transformer Market, 2023 - 2030, USD Million
TABLE 97 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase, 2019 - 2022, USD Million
TABLE 98 Rest of Asia Pacific Oil Immersed Power Transformer Market by Phase, 2023 - 2030, USD Million
TABLE 99 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation, 2019 - 2022, USD Million
TABLE 100 Rest of Asia Pacific Oil Immersed Power Transformer Market by Installation, 2023 - 2030, USD Million
TABLE 101 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2019 - 2022, USD Million
TABLE 102 Rest of Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2023 - 2030, USD Million
TABLE 103 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User, 2019 - 2022, USD Million
TABLE 104 Rest of Asia Pacific Oil Immersed Power Transformer Market by End User, 2023 - 2030, USD Million
TABLE 105 Key Information – Voltamp Transformers Limited
TABLE 106 Key Information – YueBian Electric Co.,Ltd.
TABLE 107 Key Information – ABB Group
TABLE 108 Key Information – Siemens AG
TABLE 109 Key Information – Schneider Electric SE
TABLE 110 Key Information – Eaton Corporation PLC
TABLE 111 Key Information – Hitachi, Ltd.
TABLE 112 Key Information – General Electric Company
TABLE 113 Key Information – Fuji Electric Co., Ltd.
TABLE 114 Key Information – Toshiba Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Oil Immersed Power Transformer Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Oil Immersed Power Transformer Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Oil Immersed Power Transformer Market
FIG 6 Asia Pacific Oil Immersed Power Transformer Market share by Phase, 2022
FIG 7 Asia Pacific Oil Immersed Power Transformer Market share by Phase, 2030
FIG 8 Asia Pacific Oil Immersed Power Transformer Market by Phase, 2019 - 2030, USD Million
FIG 9 Asia Pacific Oil Immersed Power Transformer Market share by Installation, 2022
FIG 10 Asia Pacific Oil Immersed Power Transformer Market share by Installation, 2030
FIG 11 Asia Pacific Oil Immersed Power Transformer Market by Installation, 2019 - 2030, USD Million
FIG 12 Asia Pacific Oil Immersed Power Transformer Market share by Voltage, 2022
FIG 13 Asia Pacific Oil Immersed Power Transformer Market share by Voltage, 2030
FIG 14 Asia Pacific Oil Immersed Power Transformer Market by Voltage, 2019 - 2030, USD Million
FIG 15 Asia Pacific Oil Immersed Power Transformer Market share by End User, 2022
FIG 16 Asia Pacific Oil Immersed Power Transformer Market share by End User, 2030
FIG 17 Asia Pacific Oil Immersed Power Transformer Market by End User, 2019 - 2030, USD Million
FIG 18 Asia Pacific Oil Immersed Power Transformer Market share by Country, 2022
FIG 19 Asia Pacific Oil Immersed Power Transformer Market share by Country, 2030
FIG 20 Asia Pacific Oil Immersed Power Transformer Market by Country, 2019 - 2030, USD Million
FIG 21 SWOT Analysis: ABB Group
FIG 22 SWOT Analysis: Siemens AG
FIG 23 SWOT Analysis: Schneider Electric SE
FIG 24 SWOT Analysis: Eaton Corporation PLC
FIG 25 Recent strategies and developments: Hitachi, Ltd.
FIG 26 SWOT Analysis: General electric (GE) Co.
FIG 27 SWOT Analysis: Fuji Electric Co., Ltd.
FIG 28 SWOT Analysis: Toshiba Corporation