Key Drivers Instigating Distribution Transformer Demand in Middle East
Introduction
Middle East distribution transformer market is small as compared to other regions in the world however it is important to note that there is a lot movement in the market currently.
This is because the region has starting focusing on increasing its renewable energy capacity and diversifying its economy.
Furthermore, there are several plans to add MVA capacity in the grid to meet the growing demand for electricity.
The market is emerging as a key demand instigator for distribution transformers.
Key Trends
Distribution Transformer Market
Middle East Distribution Transformer Market CAGR
Additions in renewable capacity, network expansion plans and infrastructure development are going to drive the expansion and modernization of the T&D grid giving rise to the demand of legacy grid equipment including distribution transformers.
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Key Drivers Instigating Distribution Transformer Demand in the Middle East
The Middle East Distribution Transformer Market is driven by factors such as renewable energy additions, infrastructure development and network expansion. These three factors are predicted to instigate the demand for legacy grid equipment including distribution...