FEATURED COMPANIES
- ABB Ltd
- Eaton Corporation plc
- General Electric Company
- Hitachi Ltd
- Kirloskar Electric Co Ltd
- Schneider Electric
MARKET OUTLOOK
According to this research report, the Middle East and Africa’s dry type transformer market is assessed to surge at a CAGR of 6.37% during the considered years 2021-2028. South Africa, the UAE, Saudi Arabia, Turkey, and Rest of Middle East & Africa shape the market in this region.
Over the years, the power stations have witnessed immense pressure due to a continuous rise in the load demand without increasing the generation capacity. This has increased the need for new power stations, which are relatively expensive for the country. Furthermore, with a favorable economic outlook and the completion of various construction products, the electricity demand has surged exponentially. Here, the integrated resourced plant by the department of energy aims to surge the contribution of renewable energy sources to meet this growing demand by 2030. This will enhance the need for dry type transformers in various renewable power plants, simultaneously boosting the dry type transformer market on a positive growth trajectory.
Likewise, the power sector is performing at a lower level compared to other countries in Nigeria. The growing population base has increased the need for electricity, resulting in high levels of carbon emissions. This has compelled the government to shift from fossil fuel-based sources to renewable energy resources for power generations. The country has observed substantial growth in investments in solar power, which is likely to enhance the demand for dry type transformers. Such developmental activities are predicted to generate opportunities for the Nigerian dry type transformer market.
COMPETITIVE OUTLOOK
The firms in the dry type transformer market are Crompton Greaves Limited, Tbea Co Ltd, Hanley Energy GCC, General Electric Company, Hitachi Ltd, Siemens AG, Voltamp Transformers Ltd, ABB Ltd, and Power Sp z o o.
According to this research report, the Middle East and Africa’s dry type transformer market is assessed to surge at a CAGR of 6.37% during the considered years 2021-2028. South Africa, the UAE, Saudi Arabia, Turkey, and Rest of Middle East & Africa shape the market in this region.
Over the years, the power stations have witnessed immense pressure due to a continuous rise in the load demand without increasing the generation capacity. This has increased the need for new power stations, which are relatively expensive for the country. Furthermore, with a favorable economic outlook and the completion of various construction products, the electricity demand has surged exponentially. Here, the integrated resourced plant by the department of energy aims to surge the contribution of renewable energy sources to meet this growing demand by 2030. This will enhance the need for dry type transformers in various renewable power plants, simultaneously boosting the dry type transformer market on a positive growth trajectory.
Likewise, the power sector is performing at a lower level compared to other countries in Nigeria. The growing population base has increased the need for electricity, resulting in high levels of carbon emissions. This has compelled the government to shift from fossil fuel-based sources to renewable energy resources for power generations. The country has observed substantial growth in investments in solar power, which is likely to enhance the demand for dry type transformers. Such developmental activities are predicted to generate opportunities for the Nigerian dry type transformer market.
COMPETITIVE OUTLOOK
The firms in the dry type transformer market are Crompton Greaves Limited, Tbea Co Ltd, Hanley Energy GCC, General Electric Company, Hitachi Ltd, Siemens AG, Voltamp Transformers Ltd, ABB Ltd, and Power Sp z o o.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- ABB Ltd
- Eaton Corporation plc
- General Electric Company
- Hitachi Ltd
- Kirloskar Electric Co Ltd
- Schneider Electric
1. Middle East and Africa Dry Type Transformer Market - Summary
2. Industry Outlook
2.1. Key Insights
2.1.1. Increasing Popularity of Bio-Based and Naphthenic Transformer Oil
2.1.2. Deterioration of Transformer Oil Due to Moisture Ingress
2.2. Impact of COVID-19 on Dry Type Transformer Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Matrix
2.5. Regulatory Policies & Framework
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Contracts & Partnerships
2.7.2. Acquisitions & Mergers
2.7.3. New Product Launches
2.8. Market Drivers
2.8.1. Surge in Domestic Demand for Power
2.8.2. Growth in Renewable Energy Use
2.8.3. Increasing Adoption of Smart Grid and Growing Smart Distribution Network
2.9. Market Challenges
2.9.1. Adoption of Solid-State Transformers
2.9.2. Limitations of Dry Type Transformers
2.10. Market Opportunities
2.10.1. 3D Core Dry Type Transformer Applications
2.10.2. Development of Digital Dry Transformers
2.10.3. Increasing Electrification Rate in Africa
3. Middle East and Africa Dry Type Transformer Market - by Type
3.1. Dry Type Converter Transformer
3.2. Dry Type Rectifier Transformer
4. Middle East and Africa Dry Type Transformer Market - by Technology
4.1. Cast Resin
4.2. Vacuum Pressure Impregnated
5. Middle East and Africa Dry Type Transformer Market - by Phase
5.1. Single-Phase
5.2. Three-Phase
6. Middle East and Africa Dry Type Transformer Market - by Voltage
6.1. Low-Voltage
6.2. Medium-Voltage
7. Middle East and Africa Dry Type Transformer Market - by End-User
7.1. Industrial
7.1.1. Marine
7.1.2. Chemical
7.1.3. Oil and Gas
7.1.4. Renewable Energy Generation
7.1.5. Railway
7.1.6. Others
7.2. Commercial
7.3. Others
8. Middle East and Africa Dry Type Transformer Market – Regional Outlook
8.1. Country Analysis
8.1.1. United Arab Emirates
8.1.2. Turkey
8.1.3. Saudi Arabia
8.1.4. South Africa
8.1.5. Rest of Middle East & Africa
9. Competitive Landscape
9.1. Abb Ltd
9.2. Bharat Heavy Electricals Ltd
9.3. Crompton Greaves Limited
9.4. Eaton Corporation plc
9.5. Fuji Electric Co Ltd
9.6. General Electric Company
9.7. Hammond Power Solutions Inc
9.8. Hanley Energy Gcc
9.9. Hitachi Ltd
9.10. Hyosung Heavy Industries
9.11. Hyundai Heavy Industries Co Ltd
9.12. Kirloskar Electric Co Ltd
9.13. Power Sp Z O O
9.14. Schneider Electric
9.15. Siemens AG
9.16. Tbea Co Ltd
9.17. Voltamp Transformers Ltd
9.18. Weg Group
9.19. Hyundai Heavy Industries Co Ltd
10. Methodology & Scope
10.1. Research Scope & Deliverables
10.2. Sources of Data
10.3. Research Methodology
List of Tables
Table 1: Middle East and Africa Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Matrix
Table 3: Vendor Scorecard
Table 4: List of Contracts & Partnerships
Table 5: List of Acquisitions & Mergers
Table 6: List of New Product Launches
Table 7: Middle East and Africa Dry Type Transformer Market, by Type, 2021-2028 (In $ Million)
Table 8: Middle East and Africa Dry Type Transformer Market, by Technology, 2021-2028 (In $ Million)
Table 9: Middle East and Africa Dry Type Transformer Market, by Phase, 2021-2028 (In $ Million)
Table 10: Middle East and Africa Dry Type Transformer Market, by Voltage, 2021-2028 (In $ Million)
Table 11: Middle East and Africa Dry Type Transformer Market, by End-User, 2021-2028 (In $ Million)
Table 12: Middle East and Africa Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Table 13: Middle East and Africa Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)
List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Middle East and Africa Dry Type Transformer Market, by Type, 2020 & 2028 (In %)
Figure 3: Middle East and Africa Dry Type Transformer Market, by Dry Type Converter Transformer, 2021-2028 (In $ Million)
Figure 4: Middle East and Africa Dry Type Transformer Market, by Dry Type Rectifier Transformer, 2021-2028 (In $ Million)
Figure 5: Middle East and Africa Dry Type Transformer Market, by Technology, 2020 & 2028 (In %)
Figure 6: Middle East and Africa Dry Type Transformer Market, by Cast Resin, 2021-2028 (In $ Million)
Figure 7: Middle East and Africa Dry Type Transformer Market, by Vacuum Pressure Impregnated, 2021-2028 (In $ Million)
Figure 8: Middle East and Africa Dry Type Transformer Market, by Phase, 2020 & 2028 (In %)
Figure 9: Middle East and Africa Dry Type Transformer Market, by Single-Phase, 2021-2028 (In $ Million)
Figure 10: Middle East and Africa Dry Type Transformer Market, by Three-Phase, 2021-2028 (In $ Million)
Figure 11: Middle East and Africa Dry Type Transformer Market, by Voltage, 2020 & 2028 (In %)
Figure 12: Middle East and Africa Dry Type Transformer Market, by Low-Voltage, 2021-2028 (In $ Million)
Figure 13: Middle East and Africa Dry Type Transformer Market, by Medium-Voltage, 2021-2028 (In $ Million)
Figure 14: Middle East and Africa Dry Type Transformer Market, by End-User, 2020 & 2028 (In %)
Figure 15: Middle East and Africa Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Figure 16: Middle East and Africa Dry Type Transformer Market, by Marine, 2021-2028 (In $ Million)
Figure 17: Middle East and Africa Dry Type Transformer Market, by Chemical, 2021-2028 (In $ Million)
Figure 18: Middle East and Africa Dry Type Transformer Market, by Oil and Gas, 2021-2028 (In $ Million)
Figure 19: Middle East and Africa Dry Type Transformer Market, by Renewable Energy Generation, 2021-2028 (In $ Million)
Figure 20: Middle East and Africa Dry Type Transformer Market, by Railway, 2021-2028 (In $ Million)
Figure 21: Middle East and Africa Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 22: Middle East and Africa Dry Type Transformer Market, by Commercial, 2021-2028 (In $ Million)
Figure 23: Middle East and Africa Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 24: Middle East and Africa Dry Type Transformer Market, Regional Outlook, 2020 & 2028 (In %)
Figure 25: United Arab Emirates Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 26: Turkey Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 27: Saudi Arabia Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 28: South Africa Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 29: Rest of Middle East & Africa Dry Type Transformer Market 2021-2028 (In $ Million)
2. Industry Outlook
2.1. Key Insights
2.1.1. Increasing Popularity of Bio-Based and Naphthenic Transformer Oil
2.1.2. Deterioration of Transformer Oil Due to Moisture Ingress
2.2. Impact of COVID-19 on Dry Type Transformer Market
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Matrix
2.5. Regulatory Policies & Framework
2.6. Vendor Scorecard
2.7. Key Market Strategies
2.7.1. Contracts & Partnerships
2.7.2. Acquisitions & Mergers
2.7.3. New Product Launches
2.8. Market Drivers
2.8.1. Surge in Domestic Demand for Power
2.8.2. Growth in Renewable Energy Use
2.8.3. Increasing Adoption of Smart Grid and Growing Smart Distribution Network
2.9. Market Challenges
2.9.1. Adoption of Solid-State Transformers
2.9.2. Limitations of Dry Type Transformers
2.10. Market Opportunities
2.10.1. 3D Core Dry Type Transformer Applications
2.10.2. Development of Digital Dry Transformers
2.10.3. Increasing Electrification Rate in Africa
3. Middle East and Africa Dry Type Transformer Market - by Type
3.1. Dry Type Converter Transformer
3.2. Dry Type Rectifier Transformer
4. Middle East and Africa Dry Type Transformer Market - by Technology
4.1. Cast Resin
4.2. Vacuum Pressure Impregnated
5. Middle East and Africa Dry Type Transformer Market - by Phase
5.1. Single-Phase
5.2. Three-Phase
6. Middle East and Africa Dry Type Transformer Market - by Voltage
6.1. Low-Voltage
6.2. Medium-Voltage
7. Middle East and Africa Dry Type Transformer Market - by End-User
7.1. Industrial
7.1.1. Marine
7.1.2. Chemical
7.1.3. Oil and Gas
7.1.4. Renewable Energy Generation
7.1.5. Railway
7.1.6. Others
7.2. Commercial
7.3. Others
8. Middle East and Africa Dry Type Transformer Market – Regional Outlook
8.1. Country Analysis
8.1.1. United Arab Emirates
8.1.2. Turkey
8.1.3. Saudi Arabia
8.1.4. South Africa
8.1.5. Rest of Middle East & Africa
9. Competitive Landscape
9.1. Abb Ltd
9.2. Bharat Heavy Electricals Ltd
9.3. Crompton Greaves Limited
9.4. Eaton Corporation plc
9.5. Fuji Electric Co Ltd
9.6. General Electric Company
9.7. Hammond Power Solutions Inc
9.8. Hanley Energy Gcc
9.9. Hitachi Ltd
9.10. Hyosung Heavy Industries
9.11. Hyundai Heavy Industries Co Ltd
9.12. Kirloskar Electric Co Ltd
9.13. Power Sp Z O O
9.14. Schneider Electric
9.15. Siemens AG
9.16. Tbea Co Ltd
9.17. Voltamp Transformers Ltd
9.18. Weg Group
9.19. Hyundai Heavy Industries Co Ltd
10. Methodology & Scope
10.1. Research Scope & Deliverables
10.2. Sources of Data
10.3. Research Methodology
List of Tables
Table 1: Middle East and Africa Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)
Table 2: Market Attractiveness Matrix
Table 3: Vendor Scorecard
Table 4: List of Contracts & Partnerships
Table 5: List of Acquisitions & Mergers
Table 6: List of New Product Launches
Table 7: Middle East and Africa Dry Type Transformer Market, by Type, 2021-2028 (In $ Million)
Table 8: Middle East and Africa Dry Type Transformer Market, by Technology, 2021-2028 (In $ Million)
Table 9: Middle East and Africa Dry Type Transformer Market, by Phase, 2021-2028 (In $ Million)
Table 10: Middle East and Africa Dry Type Transformer Market, by Voltage, 2021-2028 (In $ Million)
Table 11: Middle East and Africa Dry Type Transformer Market, by End-User, 2021-2028 (In $ Million)
Table 12: Middle East and Africa Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Table 13: Middle East and Africa Dry Type Transformer Market, by Country Outlook, 2021-2028 (In $ Million)
List of Figures
Figure 1: Porter's Five Forces Analysis
Figure 2: Middle East and Africa Dry Type Transformer Market, by Type, 2020 & 2028 (In %)
Figure 3: Middle East and Africa Dry Type Transformer Market, by Dry Type Converter Transformer, 2021-2028 (In $ Million)
Figure 4: Middle East and Africa Dry Type Transformer Market, by Dry Type Rectifier Transformer, 2021-2028 (In $ Million)
Figure 5: Middle East and Africa Dry Type Transformer Market, by Technology, 2020 & 2028 (In %)
Figure 6: Middle East and Africa Dry Type Transformer Market, by Cast Resin, 2021-2028 (In $ Million)
Figure 7: Middle East and Africa Dry Type Transformer Market, by Vacuum Pressure Impregnated, 2021-2028 (In $ Million)
Figure 8: Middle East and Africa Dry Type Transformer Market, by Phase, 2020 & 2028 (In %)
Figure 9: Middle East and Africa Dry Type Transformer Market, by Single-Phase, 2021-2028 (In $ Million)
Figure 10: Middle East and Africa Dry Type Transformer Market, by Three-Phase, 2021-2028 (In $ Million)
Figure 11: Middle East and Africa Dry Type Transformer Market, by Voltage, 2020 & 2028 (In %)
Figure 12: Middle East and Africa Dry Type Transformer Market, by Low-Voltage, 2021-2028 (In $ Million)
Figure 13: Middle East and Africa Dry Type Transformer Market, by Medium-Voltage, 2021-2028 (In $ Million)
Figure 14: Middle East and Africa Dry Type Transformer Market, by End-User, 2020 & 2028 (In %)
Figure 15: Middle East and Africa Dry Type Transformer Market, by Industrial, 2021-2028 (In $ Million)
Figure 16: Middle East and Africa Dry Type Transformer Market, by Marine, 2021-2028 (In $ Million)
Figure 17: Middle East and Africa Dry Type Transformer Market, by Chemical, 2021-2028 (In $ Million)
Figure 18: Middle East and Africa Dry Type Transformer Market, by Oil and Gas, 2021-2028 (In $ Million)
Figure 19: Middle East and Africa Dry Type Transformer Market, by Renewable Energy Generation, 2021-2028 (In $ Million)
Figure 20: Middle East and Africa Dry Type Transformer Market, by Railway, 2021-2028 (In $ Million)
Figure 21: Middle East and Africa Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 22: Middle East and Africa Dry Type Transformer Market, by Commercial, 2021-2028 (In $ Million)
Figure 23: Middle East and Africa Dry Type Transformer Market, by Others, 2021-2028 (In $ Million)
Figure 24: Middle East and Africa Dry Type Transformer Market, Regional Outlook, 2020 & 2028 (In %)
Figure 25: United Arab Emirates Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 26: Turkey Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 27: Saudi Arabia Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 28: South Africa Dry Type Transformer Market 2021-2028 (In $ Million)
Figure 29: Rest of Middle East & Africa Dry Type Transformer Market 2021-2028 (In $ Million)
Note: Product cover images may vary from those shown
- ABB Ltd
- Bharat Heavy Electricals Ltd
- Crompton Greaves Limited
- Eaton Corporation plc
- Fuji Electric Co Ltd
- General Electric Company
- Hammond Power Solutions Inc
- Hanley Energy Gcc
- Hitachi Ltd
- Hyosung Heavy Industries
- Hyundai Heavy Industries Co Ltd
- Kirloskar Electric Co Ltd
- Power Sp Z O O
- Schneider Electric
- Siemens AG
- TBEA Co Ltd
- Voltamp Transformers Ltd
- Weg Group
Note: Product cover images may vary from those shown
LOADING...
