Saudi Arabia Distribution Transformer Market is Predicted to Expand at a Significant CAGR during 2020-2027 | Research Report Forecast

The Saudi Arabia Distribution Transformer Market is expected to grow at a higher CAGR over the forecast period (2020-2027).

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The factors driving growth of the Saudi Arabia Distribution Transformer Market includes rising focus on upgrading electrical grid infrastructure, increasing number of data centers, Government initiatives to enhance power generation capacity, growing demand for electric vehicles and improvements in the living standards. For instance, the revenue generated by data centers across Saudi Arabia is expected to reach USD 1.41 billion by the end of 2022, growing at a CAGR of 4.10% over the forecast period (2022-2027), which will accelerate the market growth in the approaching years. Moreover, increasing consumption of power, rising deployment of large transformers for pad mounting, growing adoption of advanced technologies by manufactures and rapid industrialization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by leading companies on research and development, strategic partnerships, and collaborations between enterprises, rise in the launch of innovative products and growing population growth rates, are further contributing to the market growth.

However, growth of the Saudi Arabia Distribution Transformer Market is hindered due to occurring delays and suspension.

Based on Insulation Type, the Oil-Filled segment is predicted to capture the largest market share during the forecast period

Oil filled distribution transformers offer high suitability for an outdoor location, efficient cooling mechanism and uniform conduction, are pushing then segment's growth.

Based on Mounting, the Pad segment is projected to expand at a remarkable CAGR over the forecast period

Increasing demand for pad-mounted transformer with underground electric power distribution lines to step down primary voltage supplied to customers, is propelling the segment's growth.

Based on Phase, the Three segment is anticipated to hold the highest market share during the forecast period

Growing adoption of three phased distribution transformers because it enhances efficiency, requires less use of copper and aluminum to conduct electricity as compared to single phased transformers, are augmenting the segment's growth.

Market Segmentation

Segmentation by Insulation Type

Dry
Oil-Filled

Segmentation by Mounting

Pad
Pole
Underground vault

Segmentation by Phase

Single
Three

Segmentation by Power Rating

Up to 500 kVA
501 kVA-2,500 kVA
2,501 kVA-10,000 kVA
Above 10,000 kVA

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