Frost & Sullivan: Additional Stress on Aging Power Infrastructure Necessitates T&D Maintenance Services in Asia Pacific

Frost & Sullivan: Additional Stress on Aging Power Infrastructure Necessitates T&D Maintenance Services in Asia Pacific PR Newswire SINGAPORE, Dec. 19, 2012 - Industrial customers' desire for power reliability increases frequency of maintenance SINGAPORE, Dec. 19, 2012 /PRNewswire/ -- In a bid to achieve 100 percent electrification, countries such as Indonesia, Thailand, and the Philippines are implementing new power developmental plans. The addition of power to existing grids stresses the already aging infrastructure, boosting the Asia Pacific market for transmission and distribution (T&D) maintenance services. New analysis from Frost & Sullivan (http://www.energy.frost.com), Analysis of the Market for T&D Maintenance Services in Asia-Pacific, finds that the market earned revenues of $686.6 million in 2011 and estimates this to reach $823.8 million in 2016. Renewable power projects are gaining importance in the Asia-Pacific region, especially in Japan, Thailand, Malaysia, Singapore, and Australia. "As the power grids in these countries have already reached their maximum power transfer limit, they have to either undergo retrofit activities or get an entirely new transmission network," said Frost & Sullivan Research Analyst Avanthika Satheesh P. "This augurs well for the maintenance market, as the new equipment generates service revenue after five years from the year of installation.