openPR Logo
Press release

Middle East Distribution Transformer Market Key industry players contributing to Middle East distribution transformers market share include Abaft, ABB Group, Alfanar Electrical Systems, General Electric, Bawan, and Intact

09-27-2018 10:38 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Middle East Distribution Transformer Market Key industry

Distribution transformers are primarily used to distribute power in a particular locality, industrial estates as well as remotely located houses and buildings and are usually found on the pole or underground near residential, commercial, or industrial areas. Rising population across the region may further instigate need to save energy, which in turn is expected to catalyze distribution transformer market growth over the forecast timeframe. Growing knowledge pertaining to sustainable development among the general population may further increase demand for energy efficient solutions. These devices represent to be one of the major sources of power loss and are easily measurable and replaceable. Thus, implementation of these innovative systems may aid in power loss reduction.

Ask for Sample Copy of this research report @ https://www.gminsights.com/request-sample/detail/686

Energy use in households and commercial buildings accounts for major part of the total energy consumption. Two major sources of energy consumption which can be regulated are interior environment comfort and electrical appliances. Several countries in the Middle East including Egypt, Jordan, Kuwait, Lebanon, Sudan, Syria, Tunisia, and UAE have developed policies to limit the consumption. These policies may spur government initiatives for using efficient devices on power transmission poles across the region in order to further decrease energy consumption at higher level.

Technological development across the electrical equipment sector is expected to be a key factor contributing towards the Middle East distribution transformer market size. Growing trend towards the use of thinner material for outer metallic coating may further reduce losses. Introduction of nanotechnology is anticipated to improve several parameters. For instance, integration of hydrogen sensors with wireless transmission can help monitor device status remotely and take corrective measures efficiently. Smart distribution transformer is also expected to be used in electrical vehicle charging, as it encompasses AC Level 2 charging that can overload distribution network at distant buses.

Key insights from the report include:
Small distribution transformer market share will witness growth with 3.9% CAGR from 2016 to 2024. Increased adoption of these devices across indoor and outdoor applications is expected to catalyze growth.

Liquid filled distribution transformer market size was valued at over USD 2 billion in 2015; it is likely to grow at an estimated 4% CAGR. Features such as compactness and substantial cost optimization may catalyze the product demand through 2024. Dry type segment is likely to witness considerable growth prospects, over the next seven years. Surging demand for these devices from fire safety application such as marine, underground substations, mining sites, and associated industrial activities may fuel revenue.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/686

Saudi Arabia distribution transformer market share is forecast to lead the industry, with revenue set to surpass USD 1.5 billion by 2024. Significant energy consumption in the residential and commercial sectors alike will drive regional growth.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.1.1. Initial data exploration

1.1.2. Statistical model and forecast

1.1.3. Industry insights and validation

1.2. Data Sources

Chapter 2. Executive Summary

2.1. Middle East distribution transformers industry 3600 synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Product trends

Chapter 3. Middle East Distribution Transformers Industry Insights

3.1. Industry segmentation

3.2. Industry Size and forecast, 2013 - 2024

3.3. Industry ecosystem analysis

3.3.1. Cost breakdown structure

3.4. Technological landscape

3.4.1. Monitoring systems

3.5. Industry Impact forces

3.5.1. Growth drivers

3.5.1.1. Growing smart grid deployment

3.5.1.2. Demand for energy efficiency

3.5.1.3. Considerable regional power sector

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Explore Our Blog @ http://algosonline.com/news

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Middle East Distribution Transformer Market Key industry players contributing to Middle East distribution transformers market share include Abaft, ABB Group, Alfanar Electrical Systems, General Electric, Bawan, and Intact here

News-ID: 1266387 • Views:

More Releases from Global Market Insights, Inc.

Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%. A major driver behind this growth
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group

All 5 Releases


More Releases for Middle

Coupon Craze Hits the Middle East: Introducing Middle East's Elite Coupon Platfo …
The Middle East is about to experience a great shift with the launch of Claimea, the region's elite coupon platform set to revolutionize how people save while shopping online. Considering the growing trend of online coupons, Claimea offers a comprehensive solution for shoppers looking for working and verified deals. Claimea aims to enhance the shopping experience for consumers across the Middle East. With an interactive user interface and well-known partner merchants,
Middle East Travel Retail
Report Overview The report covers exhaustive analysis of the Middle east travel retail market in terms of qualitative and quantitative aspects. The report provides in-depth information on market size & forecast, current market trends, driving & restraining factors, challenges, and future opportunities of the Middle east travel retail market. The report provides analysis on key market segments along with market size and forecast information for each of the segments. The report
Middle East Auto Component Market Significant Growth over Forecast Period 2020-2 …
Auto Component Market is those markets which are manufacture components or parts required in the automobile industry. Middle East Auto Components market was valued at $ 28 billion in 2019 and is expected to surpass $ 39.7+ billion by 2028. Projected growth in the market can be recognized as snowballing automobile vehicle fleet and rising manufacture and infrastructural activities across different countries of the region. Moreover, mounting demand for vehicle
Studying the Middle East Yacht Market,Studying the Middle East Yacht Industry, S …
Latest industry research report on: Studying the Middle East Yacht Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Our analysts believe that the long-term outlook for the yacht market in the Middle East is positive. Demand for yachts in the Middle East has remained stable and is expected to continue being so. Yachting has emerged as a key aspect of the luxury lifestyle in the
Middle East Railway Sector Middle East Railway Sales Report
For Report Sample Contact: neeraj@kuickresearch.com or +91-11-47067990 Report Table of Contents Middle East Outlook 1.1 Countries Overview 1.2 Middle East Economy 1.3 Transportation in Middle East Middle East Rail Transport Outlook 2.1 Overall Status of Rail Transport in Middle East 2.2 Trends in Railway Infrastructure Development in Middle East Saudi Arabia 3.1 Existing Railway Infrastructure 3.2 Proposed/Planned Railway Infrastructure 3.3 Regulatory Framework 3.4
Middle Ear Implants Market
Middle Ear Implants Market Overview Middle implant ear is a small device inserted into the middle ear and coupled to ossicles. Middle ear implants are devices designed for those who suffer mild- moderate mix or sensorineural hearing loss and conductive hearing loss. Middle ear implant is an advanced technology for the conventional use of hearing aid. A middle ear implant is recommended for people suffering from earmould allergies, skin problems, ear