インドの配電用変圧器市場の評価：フェーズタイプ・絶縁タイプ・設置区分・容量・用途・地域別の機会および予測 (2018-2032年)

インドの配電用変圧器の市場規模は、2024年の12億1,000万米ドルから、予測期間中はCAGR 4.92%で推移し、2032年には17億7,000万米ドルに成長すると予測されています。

配電用変圧器の需要は、住宅地におけるエネルギー需要の増加や電力インフラへの投資の増加など、インドのエネルギー事情の変化を反映した様々な要因が重なり、大きな伸びを示しています。人口の増加と都市化に伴い、都市部へ移住する人が増え、住宅分野での電力消費が増加しています。

インド政府は、送電網からエンドユーザーへの電力供給に特化した配電用変圧器を必要とする電化プロジェクトに注力しています。さらに、農村部での送配電に関する開発が進んでいるため、市場では高品質の配電用変圧器の需要が高まっています。さらに、クリーンなエネルギー源への移行には高品質の配電用変圧器が必要であり、今後数年間の需要を牽引します。さらに、農村部の電化と既存の配電網の近代化を目的としたプログラムを開発することにより、政府のイニシアチブが重要な役割を果たしており、これが今後数年間の配電用変圧器の市場機会を生み出しています。

当レポートでは、インドの配電用変圧器の市場を調査し、市場の定義と概要、市場規模の推移・予測、各種区分別の詳細分析、産業構造、市場成長への影響因子の分析、ケーススタディ、競合情勢、主要企業のプロファイルなどをまとめています。

目次

第1章 プロジェクトの範囲と定義

第2章 調査手法

第3章 エグゼクティブサマリー

第4章 顧客の声

• 回答者の人口統計
• 購入決定時に考慮される要素

第5章 インドの配電用変圧器市場の展望

• 市場規模の分析・予測
• 市場シェアの分析・予測
  • フェーズタイプ別
  • 絶縁タイプ別
  • 設置区分別
  • 容量別
  • 用途別
  • 地域別
  • 企業シェア分析 (上位5社およびその他)
• 市場マップ分析

第6章 ポーターのファイブフォース分析

第7章 PESTLE分析

第8章 市場力学

• 市場促進要因
• 市場の課題

第9章 市場動向・展開

第10章 政策・規制状況

第11章 競合情勢

• 上位5社の競合マトリックス
• 上位5社のSWOT分析
• 上位10社の情勢
  • Servokon System Limited
  • Siemens Limited
  • Schneider Electric India Private Limited
  • GE Vernova T&D India Limited
  • CG Power & Industrial Solutions Limited
  • Kirloskar Electric Company Limited
  • ABB India Limited
  • MSC Transformers Private Limited.
  • Gujarat Transformers Private Limited.
  • Kotsons Private Limited
  • Toshiba Transmission and Distribution Systems (India) Private Limited

第12章 戦略的提言

第13章 当社について・免責事項

List of Tables

• Table 1. Pricing Analysis of Products from Key Players
• Table 2. Competition Matrix of Top 5 Market Leaders
• Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
• Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

• Figure 1. India Distribution Transformers Market, By Value, In USD Billion, FY2018-FY2032F
• Figure 2. India Distribution Transformers Market, By Volume, In Thousand Units, FY2018-FY2032F
• Figure 3. India Distribution Transformers Market Share (%), By Phase Type, FY2018-FY2032F
• Figure 4. India Distribution Transformers Market Share (%), By Insulation Type, FY2018-FY2032F
• Figure 5. India Distribution Transformers Market Share (%), By Mounting, FY2018-FY2032F
• Figure 6. India Distribution Transformers Market Share (%), By Capacity, FY2018-FY2032F
• Figure 7. India Distribution Transformers Market Share (%), By Application, FY2018-FY2032F
• Figure 8. India Distribution Transformers Market Share (%), By Region, FY2018-FY2032F
• Figure 9. By Phase Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 10. By Insulation Type Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 11. By Mounting Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 12. By Capacity Map-Market Size (USD Billion) & Growth Rate (%), FY2024
• Figure 13. By Application Map-Market Size (USD Billion) & Growth Rate (%), FY2024

By Region Map-Market Size (USD Billion) & Growth Rate (%), FY2024

India distribution transformers market is projected to witness a CAGR of 4.92% during the forecast period FY2025- FY2032F, growing from USD 1.21 billion in FY2024 to USD 1.77 billion in FY2032.

The demand for distribution transformers is experiencing significant growth due to a combination of factors, such as growing energy demand in residential areas and rising investment in power infrastructure, reflecting the evolving energy landscape in India. With the growth in population and urbanization, more people migrate to urban areas, leading to increased electricity consumption across residential sectors.

Indian government is focusing on electrification projects which require specialized distribution transformers for power supply from the grids to end-users. In addition, the ongoing development regarding power transmission and distribution in rural areas fosters the demand for high-quality distribution transformers in the market. Moreover, the transition to clean energy sources requires high-quality distribution transformers, driving demand in the coming years. Furthermore, government initiatives play a crucial role by developing programs aimed at electrifying rural areas and modernizing existing power distribution networks, which creates market opportunities for distribution transformers in the coming years.

For instance, in November 2024, in a bid to transform the LT network at the Distribution periphery, Kashmir Power Distribution Corporation Limited (KPDCL) began the process of installing 7,000 new distribution transformer substations across Kashmir valley under the centre's premier Revamped Distribution Sector Scheme (RDSS). This development highlights the rising government investment to increase the country's electrification, which drives the demand for distribution transformers in the market.

Rapid Urbanization and Industrialization Augmenting the Market Growth

India is actively pursuing investments in infrastructure projects to promote rapid urbanization and enhance the development of households, commercial buildings, offices, shopping malls, and industries. Urban areas are experiencing increased electricity consumption due to residential, commercial, and industrial activities. This surge in urbanization necessitates a more reliable electricity supply, which requires the installation of distribution transformers to ensure a stable and adequate power supply. Distribution transformers are essential for stepping down voltage levels and facilitating the efficient transmission and distribution of electricity from power plants to end-users.

The utility sector invests in urban development strategies, including establishing smart cities and buildings that demand modern and efficient smart power grids. Distribution transformers are integral to these smart grids, managing smart city infrastructure's complex power distribution requirements, thereby driving demand for robust distribution transformers in the market. Additionally, governments are investing in smart grid infrastructure for better monitoring and management of electricity flow, which is expected to foster growth in the distribution transformer market in the coming years.

For instance, as of March 2024, India had 15.1 million distribution transformers installed, of which 2.3 million were in urban areas and the majority, 12.8 million, were in rural areas. Furthermore, the country is investing in rural development electrification, which will increase the demand for distribution transformers in the coming years.

Government Support and Investment in Power Infrastructure Creates Market Opportunity

The Indian government is prioritizing reliable electricity supply, investing in grid expansion, modernization, and renewable energy integration in the grid which creates opportunities for distribution transformers in the market. The government has taken initiatives for the electrification of the rural areas in the country by launching schemes like the Revamped Distribution Sector Scheme, Integrated Power Development Scheme (IPDS), National Electricity Fund (NEF), and Green Energy Corridors program, which aimed at improving electrification and modernized transmission infrastructure thereby driving the demand for distribution transformers in the market.

Further, the Indian government has undertaken rural electrification programs aimed at increasing the coverage of electricity access to far-flung and inaccessible areas. India's Saubhagya Scheme and Rajiv Gandhi Grameen Vidyutikaran Yojna (RGGVY) have made substantial improvements in the rural electricity infrastructure, which would directly add to a greater need for distribution transformers and hence market growth opportunities in the future years.

For instance, in February 2022, the Government of India approved a new project amounting to USD 4.12 Billion under the Integrated Power Development Program (IPDP). The program is set up to strengthen sub-transmission and distribution networks in urban areas of the country. This development highlights the government initiative to drive the demand for distribution transformers in the country.

Single-Phase Transformers Dominate India Distribution Transformer Market

Owing to a high adoption rate, the single-phase distribution transformer segment dominates the distribution transformer market in India. Single-phase distribution transformers are predominantly utilized in residential and light commercial applications, which drive demand in the market. Single-phase transformers are more cost-effective than three-phase transformers, making the single-phase a preferred choice for smaller applications. The affordability makes transformers accessible for widespread use in residential areas, which drives demand in the market. Furthermore, India is investing in urbanization projects, which lead to the development of residential projects, thereby reducing the requirement for distribution transformers.

Western and Central Region Leads India Transformers Market

The Western and Central regions dominate the distribution transformers market and have the highest market share. The Western and Central regions incorporate Maharashtra, Gujarat, and Madhya Pradesh investing in renewable sources of energy as well as large population growth with high urbanization that propels the distribution market in the region. Since several distribution transformers in this region are near the end of their serviceable life, they need to be substituted with more effective distribution transformers. The modernization of power infrastructure regarding reliability and losses is further driving the demand for distribution transformers in the region.

Gujarat and Maharashtra are focusing on the commercial and manufacturing sectors that promote the demand for distribution transformers in the region. In addition, the growing interest in electrification of rural areas and the push towards renewable energy generation is expected to be a major factor for market growth during the forecast period.

In July 2022, the Maharashtra government approved the Revamped Distribution Sector Scheme (RDSS) with an investment of approximately USD 4,773 million to modernize the electricity distribution system and meet future demand. This initiative aims to enhance the quality of power supply, reduce distribution losses, and improve consumer services. The scheme will also focus on financial stability for power distribution companies by implementing smart metering and upgrading infrastructure to achieve operational efficiency by FY2025.

Future Market Scenario (FY2025 - FY2032F)

As India modernizes its power infrastructure, the development of smart grids will be a major factor in shaping the distribution transformer market.

Urbanization will continuously drive the demand for distribution transformers as new housing developments extend, in addition to commercial complexes, industrial parks, and infrastructure public projects.

Government plans to electrify all forms of the public transport system will further increase demand for distribution transformers.

To meet the energy demand, power grids are being expanded, which is driving the need for more distribution transformers to support the transmission and distribution of electricity to urban, suburban, and rural areas.

Key Players Landscape and Outlook

Continuous innovation characterizes the landscape of distribution transformers, as the companies compete in terms of energy efficiency, product life, and unique features. The market outlook remains positive, owing to increased demand for the integration of renewable energy and automation in the industrial sector. Product launches, agreements, business expansions, collaborations, and developing technologies are projected to increase competition in the fast-paced market.

For instance, in July 2024, Toshiba Transmission and Distribution Systems decided to increase its manufacturing capacity of power transformers and distribution transformers over the next three years by investing around USD 58 million in a manufacturing plant near Hyderabad. This development will help the company increase its revenue and production capacity in the coming years.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

• 4.1. Respondent Demographics
• 4.2. Factors Considered in Purchase Decisions
  • 4.2.1. Features and Value-Added Service
  • 4.2.2. Efficiency of Solutions
  • 4.2.3. Capacity
  • 4.2.4. Price
  • 4.2.5. After-Sales Support

5. India Distribution Transformers Market Outlook, FY2018-FY2032F

• 5.1. Market Size Analysis & Forecast
  • 5.1.1. By Value
  • 5.1.2. By Volume
• 5.2. Market Share Analysis & Forecast
  • 5.2.1. By Value
  • 5.2.2. By Volume
• 5.3. Market Share Analysis & Forecast
  • 5.3.1. By Phase Type
    • 5.3.1.1. Single Phase
    • 5.3.1.2. Three Phase
  • 5.3.2. By Insulation Type
    • 5.3.2.1. Dry-Type Transformers
    • 5.3.2.2. Liquid-Filled Transformers
  • 5.3.3. By Mounting
    • 5.3.3.1. Pole-Mounted Transformers
    • 5.3.3.2. Pad-Mounted Transformers
    • 5.3.3.3. Underground Vault Transformers
  • 5.3.4. By Capacity
    • 5.3.4.1. Small (up to 250 kVA)
    • 5.3.4.2. Medium (250 kVA to 1 MVA)
    • 5.3.4.3. Large (1 MVA and above)
  • 5.3.5. By Application
    • 5.3.5.1. Residential
    • 5.3.5.2. Commercial
    • 5.3.5.3. Industrial
    • 5.3.5.4. Utility
  • 5.3.6. By Region
    • 5.3.6.1. North
    • 5.3.6.2. South
    • 5.3.6.3. East
    • 5.3.6.4. West and Central
  • 5.3.7. By Company Market Share Analysis (Top 5 Companies and Others - By Value, FY2024)
• 5.4. Market Map Analysis, FY2024
  • 5.4.1. By Phase Type
  • 5.4.2. By Insulation Type
  • 5.4.3. By Mounting
  • 5.4.4. By Capacity
  • 5.4.5. By Application
  • 5.4.6. By Region

All segments will be provided for all regions covered

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

• 8.1. Market Drivers
• 8.2. Market Challenges

9. Market Trends and Developments

10. Policy and Regulatory Landscape

11. Competitive Landscape

• 11.1. Competition Matrix of Top 5 Market Leaders
• 11.2. SWOT Analysis for Top 5 Players
• 11.3. Key Players Landscape for Top 10 Market Players
  • 11.3.1. Servokon System Limited
    • 11.3.1.1. Company Details
    • 11.3.1.2. Key Management Personnel
    • 11.3.1.3. Products and Services
    • 11.3.1.4. Financials (As Reported)
    • 11.3.1.5. Key Market Focus and Geographical Presence
    • 11.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
  • 11.3.2. Siemens Limited
  • 11.3.3. Schneider Electric India Private Limited
  • 11.3.4. GE Vernova T&D India Limited
  • 11.3.5. CG Power & Industrial Solutions Limited
  • 11.3.6. Kirloskar Electric Company Limited
  • 11.3.7. ABB India Limited
  • 11.3.8. MSC Transformers Private Limited.
  • 11.3.9. Gujarat Transformers Private Limited.
  • 11.3.10. Kotsons Private Limited
  • 11.3.11. Toshiba Transmission and Distribution Systems (India) Private Limited

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

12. Strategic Recommendations

13. About Us and Disclaimer