Middle East Distribution Transformer Market 2019 Share, Industry Size, Growth, Opportunities, Forecast to 2024

The qualitative research study introduced by Global Market Insights on Global Middle East Distribution Transformer Market Report provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the global middle east distribution transformer market.

Middle East Distribution Transformer Market size contribution was more than $2.76 billion for 2015 and is projected to register CAGR of 3.91% during forecast timeframe. Increasing demand for alternate power source and growing cost of electricity production has resulted in transition from traditional electric grid use to smart grid use. Today, there is a growing focus on renewable energy sources due to less accessibility of non-renewable energy sources. Amalgamation of both non-renewable as well as renewable sources of power needs smart grid that can promote industry growth in future.

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Middle east distribution transformer industry is segmented into products like large transformers, small transformers unit substations and medium transformers. Medium transformer segment contributed more than $1.3 billion for 2015 and is projected to experience highest growth during forecast timeline. This can be attributed to fast implementation of these equipments in less populated regions to reduce 3-phase high voltage to 3-phase low voltage for power distribution. Further, increasing copper costs are predicted to raise acceptance due to utilization of less amount of conductors in the product kind. Also, increasing demand across plants and facilities coupled with high energy needs like information centers can also propel segment demand substantially.

Small transformer segment is predicted to register CAGR of about 3.91% during forecast timeframe. Growing execution of the off load tap changer fitted equipment in outdoor and indoor applications can fuel segment demand. In addition to this, high cost efficacy provided for low density population network can further add to the demand during forecast timeline.

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Saudi Arabia distribution transformer industry is predicted to surpass $1.6 billion by end of forecast timeframe. This can be credited to fast power consumption across residential as well as commercial segment. Government initiatives like setting up of nuclear power plants, amalgamation of solar power supplies and enhanced efficacy as well as reliability of power supply & distribution are predicted to be main factors for growth of this segment. Further, these factors are also successful in attracting huge capital investments in the country’s electricity infrastructure.

United Arab Emirates contributed greater than 8.1% of middle east distribution market share for 2015. Rising acceptance of the equipment across big warehouses, high rise constructions and centralized chilling establishments in this region are credited for the regional industry growth. Further, many advantages like minimized length & size of cable, long feeder lines and enhanced usable footage area provided in the region can also enhance the segment growth in future.

Partial Table of Contents (ToC) of the report:
Chapter 4. Middle East Distribution Transformers Product Insights
4.1. Middle East distribution transformers market share by product, 2015 & 2024
4.2. Small distribution transformers
4.2.1. Market estimates and forecasts by region, 2013 - 2024
4.3. Medium distribution transformers
4.3.1. Market estimates and forecasts by region, 2013 - 2024
4.4. Large distribution transformers
4.4.1. Market estimates and forecasts by region, 2013 - 2024
Chapter 5. Middle East Distribution Transformers Technology Insights
5.1. Middle East distribution transformers market share by technology, 2015 & 2024
5.2. Liquid filled
5.2.1. Market estimates and forecasts by region, 2013 - 2024
5.2.2. Pole mounted
5.2.2.1. Market estimates and forecasts by region, 2013 - 2024
5.2.3. Pad mounted
5.2.3.1. Market estimates and forecasts by region, 2013 - 2024
5.3. Dry type
5.3.1. Market estimates and forecasts by region, 2013 - 2024

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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