Market Trends of Asia Pacific Load Break Switches Industry
This section covers the major market trends shaping the APAC Load Break Switches Market according to our research experts:
Industrial and Commercial Segment Holds Major Share
- The Asia Pacific is also witnessing developments in motor technologies, thus, increasing applications of electric motors rated 746 W to 18.6 kW is expected in the near future. Motors with power ratings between 186.4kW and 372.8kW are witnessing significant demand from process industries, including oil and gas, food and beverages, metal, and mining.
- Moreover, digitalization is changing how industries use electricity in their machinery, factories, and operations. As the companies intends to keep working environments safe and reduce maintenance downtime and costs across the food and beverage sector, in September 2021, ABB redesigned its low-voltage switchgear to launch NeaGear in China (under trial currently).
- Renewable sources of electricity are also gaining applications in a manufacturing setting. For instance, recently, Singapore LNG adopted distributed solar energy to supply clean energy to its LNG (Liquefied Natural Gas) Terminal. The allied step has been taken to reduce the carbon across the LNG supply chain. Then, Men-Chuen Vietnam Co. Ltd, a textile manufacturer in Vietnam, constructed a powerful solar rooftop to power 40%Men-Chuen'sen’s needs.
- According to World Bank, in 2020, the industrial sector generated almost 30.8%China'sna's GDP. Furthermore, with emphasis on factory automation, leading players, such as FANUC, have been investing USD 240 million to expand its Shanghai plant. Similarly, several other companies are making huge investments in industry upgradation following industry 4.0.
- With the goal to be integrated into smart cities, the safety of commercial sector electrical equipment by fast disconnection of the power supply in case of fault events like leakage current, electrical arc, over current or overvoltage, is taken care of through switchgear such as disconnecting switches, circuit breakers, etc. And, for the systems up to 33kV, the more costly circuit breakers are getting replaced with load break switches.
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Air Insulated will Gradually Observe Significant Growth
- This air-insulated load break switch offers control and protection to devices that are typically used in three-phase AC 50Hz 24kv power distribution networks. Also, these are suitable for power distribution stations of urban buildings, industrial production companies, mining sites, etc.
- The Asia Pacific accounts for the majority of these switches as air-insulated switchgears are most widely adopted. For high voltage substations, insulation based on air requires significantly more space than gas-insulated configurations. One of the most common air-insulated switchgear arrangements combines air-insulated busbars with gas-insulated switching devices. Hybrid switchgear combines air-insulated busbars with prefabricated modules integrating circuit breakers, disconnectors, earthing switches, and instrument transformers in a single, gas-insulated housing.
- Moreover, the increasing electrification rate across the developing countries in Asia-pacific is driving the air-insulated load break switches segment. According to the Ministry of Energy and Mineral Resource, electrification in Indonesia accounted for 99.2% in 2020 from 72.95% in 2011.
- With a growing wind turbine segment, ABB’s NALFWind switch-fuse combination is developed to protect transformers in the wind power industry, adapted to 36 kV with high breaking capabilities of 31.5 kA (peak 79 kA).
- Moreover, Siemens Energy recently won a contract from Technology Resources Energy to equip two onshore wind farms in Vietnam with digitally enhanced transmission equipment. The two wind farms IaPet-Dak Doa 1 and IaPet-Dak Doa 2, will have a capacity of 100 MW each. The wind farms development constitutes the Power Development Master Plan to push the integration of renewable energy sources.
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