Asia Pacific E-House Market Forecast to 2028 - COVID-19 Impact and Regional Analysis

List of Tables

The E-house market in Asia Pacific is expected to grow from US$ 383.00 million in 2022 to US$ 591.08 million by 2028. It is estimated to grow at a CAGR of 7.5% from 2022 to 2028.

Surge in Demand for E-Houses from Oil & Gas Sector

Earlier, the market players in the oil & gas industry obtained their drives, switchgear, and automation systems from multiple electrical equipment suppliers and houses through fabricators. But the rising demand for reduced cost, risks, and delivery time steered the industry to move away from old practices and toward the E-house. Further, increased strategic initiatives, such as investments by the market players, are major factors driving the growth of the APAC E-house market in the oil & gas industry. Further, companies such as Worldoils offer Single-lift and Modular E-houses for onshore or offshore applications majorly for the oil & gas and petrochemical industries. They are designed to protect against extreme climatic weather conditions and hazardous areas (Zone 2) environment. The company also offers 'Integrated System Design' Services for E&I interfacing between all E-house equipment. Such product launches for the oil & gas industry are also anticipated to drive the demand for E-houses.

Market Overview

China, Japan, India, Australia, South Korea, and rest of Asia Pacific are the key contributors to the E-house market in the Asia Pacific. In April 2021, Australia's government announced an investment of US$ 70.02 million (AU$ 90 million) for the country's 81 telecommunications infrastructure projects under the Regional Connectivity Program (RCP). Additionally, the Chinese government launched an initiative, 'Made in China 2025,' to support the country's manufacturing sector; this initiative will encourage companies that are operating in the manufacturing industry to initiate more projects. Moreover, the Government of India is providing funds to improve the country's infrastructure under the 'Smart City Project.' Under this project, several infrastructure developments, such as metro rail lines and road construction, are under construction in the country. Further, the construction of such projects requires mobile substations for temporary electricity supply. Moreover, in January 2022, a new rail project was inaugurated in South Korea to connect the Donghae line between Jejin Station, Goseong, and Gangneung. The project is worth US$ 2.31 billion and is expected to be completed by 2027. Thus, the growing construction of such projects and government initiatives to develop infrastructure across Asia Pacific countries are expected to boost the Asia Pacific E-house market growth.

Asia Pacific E-House Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific E-House Market Segmentation

The Asia Pacific E-house market is segmented into type, component, application, and country.

Based on type, the market is bifurcated into fixed substation and mobile substation. The mobile substation segment registered the larger market share in 2022.

Based on component, the market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held the largest market share in 2022.

Based on application, the market is bifurcated into industrial and utilities. The industrial segment held the larger market share in 2022.

Based on country, the market is segmented into China, Japan, India, Australia, South Korea, and rest of Asia Pacific. China dominated the market share in 2022. ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Secheron; Siemens AG; and WEG are the leading companies operating in the E-house market in the Asia Pacific region.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific E-house market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific E-house market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the E-house market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Product Code: BMIRE00027606

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. APAC E-House Market Landscape

4.1 Market Overview
4.2 APAC PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. APAC E-House Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Ease of Installation, Cost-Effectiveness, and Flexibility of E-House
- 5.1.2 Surge in Demand for E-Houses from Oil & Gas Sector
5.2 Market Restraints
- 5.2.1 Lack of Technical Expertise, High Maintenance and Replacement Cost, and Impact of COVID -19 Pandemic
5.3 Future Trends
- 5.3.1 Technological Advancements in E-Houses
5.4 Impact Analysis of Drivers and Restraints

6. E-House Market - APAC Analysis

6.1 APAC E-House Market Overview
6.2 APAC E-House Market - Revenue and Forecast to 2028 (US$ Million)

7. APAC E-House Market Revenue and Forecast to 2028 - Type

7.1 Overview
7.2 APAC E-house Market, By Type (2021 And 2028)
7.3 Fixed Substation
- 7.3.1 Overview
- 7.3.2 Fixed Substation: E-house Market Revenue and Forecast To 2028 (US$ Million)
7.4 Mobile Substation
- 7.4.1 Overview
- 7.4.2 Mobile Substation: E-House Market Revenue and Forecast To 2028 (US$ Million)

8. APAC E-House Market Analysis - By Component

8.1 Overview
8.2 APAC E-House Market, By Component (2021 and 2028)
8.3 Transformer
- 8.3.1 Overview
- 8.3.2 Transformer: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 Bus Bar
- 8.4.1 Overview
- 8.4.2 Bus Bar: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.5 Power Management System
- 8.5.1 Overview
- 8.5.2 Power Management System: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.6 Variable Frequency Drive
- 8.6.1 Overview
- 8.6.2 Variable Frequency Drive: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.7 Switchgear
- 8.7.1 Overview
- 8.7.2 Switchgear: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.8 HVAC
- 8.8.1 Overview
- 8.8.2 HVAC: E-House Market - Revenue, and Forecast to 2028 (US$ Million)
8.9 Others
- 8.9.1 Overview
- 8.9.2 Others: E-House Market - Revenue, and Forecast to 2028 (US$ Million)

9. APAC E-House Market Analysis - By Application

9.1 Overview
9.2 APAC E-House Market, By Application (2021 and 2028)
9.3 Industrial
- 9.3.1 Overview
- 9.3.2 Industrial: E-House Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Utilities
- 9.4.1 Overview
- 9.4.2 Utilities: E-House Market - Revenue and Forecast to 2028 (US$ Million)

10. APAC E-House Market - Country Analysis

10.1 Overview
- 10.1.1 APAC: E-House Market- by Key Country
  - 10.1.1.1 Australia: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.1.1 Australia: E-House Market- by Type
    - 10.1.1.1.2 Australia: E-House Market- By Application
    - 10.1.1.1.3 Australia: E-House Market- By Component
  - 10.1.1.2 China: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.2.1 China: E-House Market- by Type
    - 10.1.1.2.2 China: E-House Market- By Application
    - 10.1.1.2.3 China: E-House Market- By Component
  - 10.1.1.3 India: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.3.1 India: E-House Market- by Type
    - 10.1.1.3.2 India: E-House Market- By Application
    - 10.1.1.3.3 India: E-House Market- By Component
  - 10.1.1.4 Japan: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.4.1 Japan: E-House Market- by Type
    - 10.1.1.4.2 Japan: E-House Market- By Application
    - 10.1.1.4.3 Japan: E-House Market- By Component
  - 10.1.1.5 South Korea: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.5.1 South Korea: E-House Market- by Type
    - 10.1.1.5.2 South Korea: E-House Market- By Application
    - 10.1.1.5.3 South Korea: E-House Market- By Component
  - 10.1.1.6 Rest of APAC: E-House Market - Revenue and Forecast to 2028 (US$ Million)
    - 10.1.1.6.1 Rest of APAC: E-House Market- by Type
    - 10.1.1.6.2 Rest of APAC: E-House Market- By Application
    - 10.1.1.6.3 Rest of APAC: E-House Market- By Component

11. Industry Landscape

11.1 Overview
11.2 Merger and Acquisition
11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Eaton
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Becker Mining Systems AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Schneider Electric SE
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Siemens AG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 WEG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Secheron
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Powergear Limited
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Powell Industries, Inc.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners
13.2 Word Index