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.
Distribution Transformer Service Overview
The research presented in this article is from PTR's Distribution Transformer market research. For information about this service please submit a request shown below.
Europe: +49-89-12250950
Americas: +1 408-604-0522
Japan: +81-80-7808-1378
GCC/Rest of APAC: +971-58-1602441
More About our: Distribution Transformer Market Research
Recent Insights
Key Drivers Instigating Distribution Transformer Demand in the KSA
KSA’s distribution transformer market is driven by several development projects in the country, pushing SEC to heavily invest in distribution sector's capacity additions. The projects include housing programs, energy parks, and development of renewable energy....
COP27: The Fight to Keep the 1.5°C Goal Alive
The Sharm El-Sheikh Climate Change Conference took place last month in Egypt, commencing on 6 November 2022 and ending on the 18th. The conference builds up on pledges made in the COP26 at Glasgow last year and comprised of a series of events to build on future...
New Energy to Propel China’s Distribution Transformer Market
• Distribution transformer market of China is expected to grow with a CAGR of 6.4% (in terms of units) from 2022-2027.• Majority of the distribution transformers demanded in China are in the voltage range of 1-12 kV accounting for 91% of the annual market.• China has...
Bridging of the Supply-Demand Gap for Large Power Transformers in the U.S. to Take Time
• The North American transformer market is dominated by large multinationals that offer an extensive range of products and benefit from the economies of scale.• Over the years, local manufacturers of large power transformers have been unable to meet the domestic...
Revitalizing the Grid: The North American Distribution Transformer Market’s Push for Upgrades and Replacements
• The installed base of distribution transformers in North America is one of the oldest in the world; the market is largely driven by replacements.• In terms of units, the North American distribution transformer market accounts for more than 30% of the installed base...
Energy Transition and Replacements Driving the U.S. Transformer Market
This infographic examines the distribution transformer market in USA, specifically the the two main drivers; energy transition and replacements. Within energy transition, renewable energy additions are studied to analyze the impact on the distribution transformer...
Scope for Suppliers to Set Up Local Power Transformer Production Facilities in Saudi Arabia
• Under Vision 2030, the sectors targeted for development include power generation, petrochemicals, tourism, hospitability, and infrastructure; these will be generating demand for power transformers in the upcoming years.• Due to limited local manufacturing capacity,...