DUBLIN--(BUSINESS WIRE)--The "Indonesia Switchgear Market (2017-2023): Forecast By Voltage, Insulation, Verticals, Regions and Competitive Landscape" report has been added to Research and Markets' offering.
Indonesian switchgear market is projected to reach $317.3 Million by 2023.
Expanding power transmission and distribution network, plans to improve national electrification rate along with ambitious infrastructure projects to boost the economy are some of the key factors responsible for the growth of switchgear market in Indonesia. Further, Government initiatives like the One Million Houses Programme and 35 GW Power Programme are also expected to drive the growth of Indonesian switchgear market during the forecast period.
According to the National Energy Policy 2014, Dewan Eenrgi Nasional (DEN) plans to increase the share of new and renewable energy sources in the national energy mix to at least 23% by 2025. The same is stated in Electricity Supply Business Plan (RUPTL 2016). The overall switchgear market is dominated by low voltage segment. In the medium voltage segment, AIS has the majority revenue share while GIS is anticipated to gain market share in the future.
Markets Covered
The report provides detailed analysis of the following market segments:
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By Voltage:
- Low Voltage (< 1kV)
- Medium Voltage (1 kV - 24 kV)
- High Voltage (> 24 kV)
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By Insulation:
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Medium Voltage
- AIS
- GIS
- Others
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High Voltage
- AIS
- GIS
- Others
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Medium Voltage
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By Types:
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Low Voltage
- MCB
- MCCB
- C&R
- ACB
- COS
- Others
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Medium Voltage
- ISG
- OSG
- Others
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Low Voltage
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By Verticals:
- Residential
- Commercial
- Industrial
- Power Utilities
- Infrastructure & Transportation
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By Regions:
- Java
- Sumatra
- Kalimantan
- Sulawesi
- Papua - Kep. Maluku
- Bali - Nusa Tenggara
Companies Mentioned
- PT. ABB Sakti Industri
- PT. Crompton Prima Switchgear Indonesia
- PT. Fuji Electric Indonesia
- PT. General Electric Services Indonesia
- PT. Hitachi Asia Indonesia
- PT. Legrand Indonesia
- PT. Mitsubishi Electric Indonesia
- PT. Schneider Electric Indonesia
- PT. Siemens Indonesia
- PT. Tamco Indonesia (PTTI)
For more information about this report visit https://www.researchandmarkets.com/research/xzgkx7/indonesia