Middle East Power & Distribution Transformer Market 2017-2023: Forecast By Type, Power Rating, Cooling System, Applications, Countries and Competitive Landscape - Research and Markets

The "Middle East Power & Distribution Transformer Market (2017-2023): Forecast By Type, Power Rating, Cooling System, Applications, Countries and Competitive Landscape" report has been added to Research and Markets' offering.

Middle East Power & Distribution Transformer Market is projected to reach $1.6 billion by 2023. UAE, Saudi Arabia and Kuwait government are taking major steps to strengthen the non-oil sectors due to recent decline in crude oil prices, which have adversely affected the market during the last 3 years. With expected recovery of crude oil prices and increase in public infrastructure development for next 5 years, the market would rebound during the forecast period.

Increasing construction activities, establishment of business hubs & industries and infrastructure development have resulted in the development of power infrastructure, which have amplified the demand for transformers across all Middle Eastern region. Further, global events such as Dubai World Expo 2020, Qatar FIFA World Cup 2022, National Development Plans and economic diversification, and expansion of power infrastructure would also surge the transformer market over the next six years.

Distribution transformers captured leading volume share in the overall market pie and is also expected to register growth during the forecast period due to growing power demand in residential and construction sectors. Upcoming mega projects such as Lusail city, railway network expansion and economic cities would also drive the Power & Distribution Transformer Market.

Key players in the Middle East Power & Distribution Transformer Market include ABB, GE, Hyundai, Siemens, Emirates Transformers & Switchgears, Saudi Transformers Company.

Markets Covered

The report provides detailed analysis of the following market segments:

  • By Types:
    • Power Transformer
    • Distribution Transformer
  • By Power Ratings:
    • Distribution Transformer
      • Up to 315 KVA
      • 315.1 KVA - 5 MVA
    • Power Transformer
      • 5.1 MVA - 50 MVA
      • Above 50 MVA
  • By Cooling System:
    • Dry Type
    • Liquid Type
  • By Applications:
    • Power Utilities
    • Industrial
  • By Countries:
    • Saudi Arabia
    • UAE
    • Qatar
    • Kuwait
    • Bahrain
    • Oman
    • Turkey
    • Iran
    • Jordan
    • Lebanon
    • Others

Companies Mentioned

  • ABB Ltd.
  • AL Jizzi Transformers And Switchgears Co. LLC
  • Emirates Transformer & Switchgear Ltd.
  • Federal Power Transformers LLC
  • General Electric Company
  • Hyundai Electric & Energy Systems Co. Ltd.
  • Intact Controls Transformer Industries LLC
  • Siemens AG
  • The Saudi Transformers Company Ltd.
  • Toshiba Corporation
  • United Transformers Electric Company

For more information about this report visit https://www.researchandmarkets.com/research/j8v2r8/middle_east_power