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
Role of Digital Power Transformers in the Modern Energy Landscape
• The development of digital power transformers has ushered in a new era of efficiency and grid optimization in the energy sector, simultaneously providing revenue to the power transformer company. • Digital power transformers provide multiple benefits with remote...
Smart Transformers: Revolutionizing the renewable energy landscape
Most of the installed transformers worldwide consist of conventional transformers, but the global transformer market is expected to move towards smart transformers that are more equipped to accommodate the significant deployment of renewable energy. Smart transformers...
Revolutionizing the Power Industry: How Grid Modernization is Impacting the Distribution Transformer Market
• In the last decade, especially after the Paris Agreement in 2015, the global energy market is observing a marked shift and is currently in a state of transition. • Power Technology Research expects that the global distribution transformer market will grow with a...
Fragile Balance: Designing Carbon Pricing Mechanisms to Nudge the World to Carbon-Neutrality
Carbon pricing is an increasingly popular mechanism that tackles climate change, by employing market forces to incentivize individuals and companies to transition to clean energy. The primary objective of carbon pricing is to change behavior. This report explores two...
Aging Infrastructure: The State of America’s High Voltage Power Transformers
The main drivers pushing the USA's power transformer market is replacement of the obsolete transmission network. Moreover, under the Bipartisan Infrastructure Law announced in 2021, heavy investment has been announced in building a reliable transmission infrastructure...
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...