Asia Pacific DC Distribution Network Market by Products [Low Voltage, Medium Voltage, and High Voltage], End-user Applications [Electric Vehicle Fast Charging Systems, Remote Cell Towers, Commercial Buildings, Data Centers, Military Applications, and Other End-user Applications], and Geography [Asia Pacific]–Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2021 – 2028
The Asia Pacific DC distribution network market size is anticipated to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to increasing distribution efficiency, rising demand for DC dependent infrastructure, and minor requirement of space to operate.
Direct current is unidirectional and one-directional stream of electric current. A phytochemical cell is a best example of direct current. Direct current can stream over a conductor like an insulator, wire, semiconductors, and also from a vacuum as in ion beams and electron. DC electric power delivery systems have better current carrying capacity, faster response, and major efficiency compared to conventional AC systems. The direct current electric power providing infrastructure provides a more natural network with several classes of renewable energy sources.
The Covid-19 pandemic affected the demand and supply of Asia Pacific DC distribution network market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing consumer purchasing capacity and frequently growing population are projected to boost the market.
- Rapid growth in DC distribution network and rapidly growing production capacity is the major factor fueling the market.
- High cost of DC distribution network is projected to restrict the market expansion during the forecast period.
- Lack of professionals in DC distribution network sector is anticipated to hamper the market growth in the coming years.
- R&D investment and technological advancement in DC distribution network market is projected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the Asia Pacific DC distribution network market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
DC Distribution Network Market– Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018-2019 |
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Forecast Period |
2021-2028 |
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Segmentation |
Products [Low Voltage, Medium Voltage, and High Voltage], End-user Applications [Electric Vehicle Fast Charging Systems, Remote Cell Towers, Commercial Buildings, Data Centers, Military Applications, and Other End-user Applications] |
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Geographical Scope |
Asia Pacific [India, Australia, Japan, China, and Rest of Asia Pacific] |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players covered in the Report |
Nextek Power Systems, Inc., Eaton Corporation PLC, Siemens AG, Vertiv Group Crop, ABB Ltd, Secheron Sa, Pareto Energy, and Johnson Controls, Inc. |
Market Segment Insights
The electric vehicle fast charging segment is expected to grow at a rapid pace
Based on end-user applications, the Asia Pacific DC distribution network market is divided into electric vehicle fast charging systems, remote cell towers, commercial buildings, data centers, military applications, and other end-user applications. The electric vehicle fast charging segment accounts for a key share of the market. Growth of the market is attributed to the increasing energy consumption, rapid industrialization, and growing environmental consciousness. The residential segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing population, rapid development in commercial sector, and increasing adoption of battery energy storage system.
The medium voltage segment is projected to hold a major market share
On the basis of products, the Asia Pacific DC distribution network market is segmented into low voltage, medium voltage, and high voltage. High voltage electricity stated as electrical potential major enough to cause damage and injury. In several sectors, high voltage stated as voltage above a certain limit. Conductors and equipment that transport high voltage warrant needs special procedures and safety requirements. Major factories and industrial complexes that require a significant amount of energy frequently use medium supply voltages.
The market in China is estimated to hold a key market share
On the basis of regions, the Asia Pacific DC distribution network market is categorized as India, Australia, Japan, China, and Rest of Asia Pacific. The market of Japan is anticipated to expand at a high CAGR during the forecast period due to rapid economic growth in region, encouragement from government organizations, and rise in electric vehicle infrastructure. The market of China is estimated to hold a key market share due to increasing power demand in region, rising demand for charging infrastructure, and subsequent increase in microgrids.
2. Assumptions and Acronyms Used
3. Research Methodology
4. DC Distribution Network Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. DC Distribution Network Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DC Distribution Network Market - Supply Chain
4.5. Global DC Distribution Network Market Forecast
4.5.1. DC Distribution Network Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DC Distribution Network Market Size (000’ Units) and Y-o-Y Growth
4.5.3. DC Distribution Network Market Absolute $ Opportunity
5. Global DC Distribution Network Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. DC Distribution Network Market Size and Volume Forecast by End Users
5.3.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global DC Distribution Network Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. DC Distribution Network Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global DC Distribution Network Demand Share Forecast, 2019-2026
7. North America DC Distribution Network Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America DC Distribution Network Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America DC Distribution Network Market Size and Volume Forecast by End Users
7.4.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America DC Distribution Network Demand Share Forecast, 2019-2026
8. Latin America DC Distribution Network Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America DC Distribution Network Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America DC Distribution Network Market Size and Volume Forecast by End Users
8.4.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America DC Distribution Network Demand Share Forecast, 2019-2026
9. Europe DC Distribution Network Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe DC Distribution Network Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe DC Distribution Network Market Size and Volume Forecast by End Users
9.4.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe DC Distribution Network Demand Share Forecast, 2019-2026
10. Asia Pacific DC Distribution Network Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific DC Distribution Network Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific DC Distribution Network Market Size and Volume Forecast by End Users
10.4.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific DC Distribution Network Demand Share Forecast, 2019-2026
11. Middle East & Africa DC Distribution Network Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa DC Distribution Network Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa DC Distribution Network Market Size and Volume Forecast by End Users
11.4.1. EV Fast Charging Systems Remote Cell Towers Commercial Buildings Data Centers Military Applications Other End-user Applications
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa DC Distribution Network Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global DC Distribution Network Market: Market Share Analysis
12.2. DC Distribution Network Distributors and Customers
12.3. DC Distribution Network Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Nextek Power Systems, Inc. Eaton Corporation PLC Siemens AG Vertiv Group Crop ABB Ltd Secheron Sa Pareto Energy Johnson Controls, Inc.
The Asia Pacific DC distribution network market has been segmented on the basis of
Products
- Low Voltage
- Medium Voltage
- High Voltage
- EV Fast Charging Systems
- Remote Cell Towers
- Commercial Buildings
- Data Centers
- Military Applications
- Other End-user Applications
- Asia Pacific
- Nextek Power Systems, Inc.
- Eaton Corporation PLC
- Siemens AG
- Vertiv Group Crop
- ABB Ltd
- Secheron Sa
- Pareto Energy
- Johnson Controls, Inc.
Key players competing in the Asia Pacific DC distribution network market include Nextek Power Systems, Inc., Eaton Corporation PLC, Siemens AG, Vertiv Group Crop, ABB Ltd, Secheron Sa, Pareto Energy, and Johnson Controls, Inc.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
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