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Frost & Sullivan: Investment in Power Transmission and Distribution Infrastructure Sustains Southeast Asia Substation Market

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Frost & Sullivan: Investment in PowerFrost & Sullivan: Investment in Power Transmission and Distribution Infrastructure Sustains Southeast Asia Substation Market PR Newswire SINGAPORE, Jan. 10, 2014 -- Rural electrification plans will expand the market for substation equipment The need to replace old, fragile transmission and distribution (T&D) power infrastructure and inject more power into the grid is pushing electricity utilities across Southeast Asia to strengthen and expand the T&D power infrastructure. Poor grid connectivity to remote villages too is compelling electricity utilities to lay out comprehensive plans to extend electricity to new regions. As a result, the T&D substation market in the region is expected to see sustained growth. New analysis from Frost & Sullivan (http://www.energy.frost.com), Analysis of the Southeast Asia Transmission and Distribution Substation Market, finds that the market earned revenues of US$2.06 billion in 2013 and estimates this to reach US$2.72 billion in 2018. Vietnam, Indonesia and the Philippines are the fastest growing markets in the region. "The privatisation of the distribution grids in Cambodia and the Philippines, and the expected privatisation of grids in Vietnam is likely to attract private investors toward T&D power grid projects," said Frost & Sullivan Energy & Environmental Senior Research Analyst Avanthika Satheesh.

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Published 10 January 2014
Reads 12
Language English
Frost & Sullivan: Investment in Power Transmission and Distribution Infrastructure Sustains Southeast Asia Substation Market

PR Newswire

-- Rural electrification plans will expand the market for substation equipment

The need to replace old, fragile transmission and distribution (T&D) power infrastructure and inject more power into the grid is pushing electricity utilities across Southeast Asia to strengthen and expand the T&D power infrastructure. Poor grid connectivity to remote villages too is compelling electricity utilities to lay out comprehensive plans to extend electricity to new regions. As a result, the T&D substation market in the region is expected to see sustained growth.