San Francisco, 7 January 2019: The Report Middle East Distribution Transformer Market Analysis By Product (Small
Transformer, Medium Transformer, Large Transformer, Unit Substations), By
Technology (Liquid Filled, Dry Type) And Segment Forecasts To 2022
 |
| Middle East Distribution Transformer Market |
The Middle East distribution transformer market is expected to reach USD 3.59 billion by 2022, according to a new study by Grand View Research, Inc. The need for effective electrical distribution has led to increasing adoption across the power, commercial and industrial sectors; this is anticipated to fuel product demand. Several benefits including reduced line loss, better power quality, reduced energy costs and optimal energy use are expected to catapult industry growth significantly. They also offer investment related benefits, improved reliability and compatibility. The escalating need to overcome current losses along with the rising electricity demand is also anticipated to fuel demand over the forecast period.
Low cost associated with the installation
and conduit of distribution transformers may favorably impact industry growth.
Increasing demand across plants and facilities that require huge amounts of
power supply such as data centers is also anticipated to elevate product
demand. Further, the ability to operate at low power frequencies offer benefits
such as reduced power losses, better voltage regulation, increased functional
flexibility and improved service continuity making it a lucrative market.
Access Research Report
of Middle East Distribution Transformer Market @ www.grandviewresearch.com/industry-analysis/middle-east-distribution-transformer-market
Further key findings from the study suggest:
· Medium transformers market accounted for
over 40% of the overall revenue share in 2014, and the segment is expected to
witness significant growth over the next few years. This may be primarily
attributed to the low-cost associated with the installation of this product.
· Small transformers segment is estimated to
witness growth owing to high demand for stepping voltages down within a
distribution circuit of a building or to supply power to equipment.
· On account of unmatched high efficiency and
the ability to operate at low power frequencies, large transformers segment is
anticipated to exhibit moderate growth over the next seven years. These are
also equipped with water-cooled heat exchangers or oil pumps, and cooling fans
that are designed to remove heat.
· Liquid filled technology segment accounted
for more than 70% of the overall revenue in 2014 which is estimated to increase
over the forecast period owing to several benefits offered by this technology
type. These include retro-fit application capabilities and high reliability
service. Widespread usage of this product type in a wide range of utility, commercial
and industrial applications may also fuel product demand over the coming years.
· Saudi Arabia distribution transformers
market emerged as the dominant regional segment and accounted for more than 35%
of the overall revenue in 2014. Increasing urbanization and government
investments in the power sector is anticipated to be the key factor that drives
the regional demand.
· Key players in this industry include ABB,
Abaft Middle East, Alstom, General Electric, Siemens, Bawan and Alfanar
Electrical Systems. The industry is poised to face several challenges owing to
frequent update in government norms and regulations coupled with rising raw
material prices making value chain analysis significant.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/semiconductors-and-electronics
Grand View Research has segmented the
Middle East distribution transformer market on the basis of product, technology
and region:
Distribution Transformers Product Outlook
(Revenue, USD Million, 2012 - 2022)
·
Small Transformers
·
Medium Transformers
·
Large Transformers
·
Unit Substations
Distribution Transformers Technology
Outlook (Revenue, USD Million, 2012 - 2022)
·
Liquid Filled
·
Dry Type
Distribution Transformers Regional Outlook
(Revenue, USD Million, 2012 - 2022)
·
Saudi Arabia
·
UAE
·
Qatar
·
Egypt
Access Press Release of
Middle East Distribution Transformer Market@ www.grandviewresearch.com/press-release/middle-east-distribution-transformer-market-analysis
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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