Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial), By Country (Kenya, Egypt, Morocco, Tanzania, Ethiopia, Nigeria, South Africa & Rest of Africa) and Competitive Landscape
Product Code: ETC002831 | Publication Date: Dec 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Africa Power & Distribution Transformer report thoroughly covers the market by types, by rating, by cooling system, by application, and by country. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa power & distribution transformer market is expected to gain momentum during the upcoming years owing to the increasing population coupled with surging demand for electricity. The growing investment by the government to enhance the power supply in remote areas is driving the Africa power & distribution transformer market growth. Moreover, the growing industrial sector along with the integration of expansive industrial strategies is adding to the Africa power & distribution transformer market share.
According to 6Wresearch, the Africa Power & Distribution Transformer Market size is projected to be around 8.2% during the forecast period 2024-2030. The market growth is driven by the growing population and rapid industrialization. As a result, there has been growing demand for modern, efficient, and reliable power transmission infrastructure, including power and distribution transformers. Growing adoption of cost efficiencies along with ease of installation is proliferating the growth of the industry. Increasing integration of smart technology is also adding to the development of the market. Despite the potential growth, the Africa Power & Distribution Transformer industry faces several challenges. The first one is limited access to financial support. Most African countries lack the ability to mobilize financing from international markets.
Furthermore, the issues with the regulatory framework in many African countries make it challenging for manufacturers to build robust and safe power transmission infrastructure. Lack of maintenance and the high cost of the raw materials are additional issues faced by the transformer industry. However, there has been a shift from traditional oil transformers to eco-friendly transformers that use safer, less flammable fluids. Furthermore, technology-driven advancements have enabled remote monitoring, control, and maintenance of transformers to ensure their efficient functioning. Automation and digitalization have enabled manufacturers to create more efficient transformers that can perform even in challenging environments.
Many African countries have started to implement initiatives to ramp up the power and distribution transformer market. For example, the African Development Bank launched the New Deal on Energy for Africa program in 2016 that aims to achieve universal access to clean and affordable energy in Africa by 2025. Similarly, Kenya's Last Mile Connectivity Project aims to provide electricity access to 70% of the population by 2022. Additionally, African policymakers and governments are recognizing the role of the private sector in the growth and development of the transformer industry. Governments are taking measures to increase public-private partnerships and create a more conducive business environment for private players.
Some of the key players in Africa transformer market include ABB, Siemens, GE, Crompton Greaves, and Schneider Electric. These players have been expanding their business in Africa by investing in solar power, energy management, automation, sensors, and smart grid technologies. Smaller players are also coming up in Africa, and they are focused on creating localized and customized solutions for the African market.
According to Nitesh, Research Manager, 6Wresearch, both power and distribution transformers are crucial aspects of the power infrastructure in Africa. However, power transformers currently have a higher demand than distribution transformers in terms of demand. Nonetheless, both types of transformers are estimated to surge in the coming years, influenced by factors such as government investments in power infrastructure and foreign investments in the energy sector.
Based on the application, power utilities and industrial applications are the leading segments in market, however, the industrial segment is experiencing the fastest growth and increasing Africa Power & Distribution Transformer Market share with the growing industrialization.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Africa Power & Distribution Transformer Market Overview |
3.1. Africa Power & Distribution Transformer Market Revenues, 2020-2030F |
3.2. Africa Power & Distribution Transformer Market Revenue Share, By Country, 2020 & 2030F |
3.3. Africa Power & Distribution Transformer Market - Industry Life Cycle |
3.4. Africa Power & Distribution Transformer Market - Porter’s Five Forces |
4. Africa Power & Distribution Transformer Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Africa Power & Distribution Transformer Market Trends & Evolution |
6. South Africa Power & Distribution Transformer Market Overview |
6.1. South Africa Power & Distribution Transformer Market Revenues, 2020-2030F |
6.2. South Africa Power & Distribution Transformer Market Overview, By Types |
6.2.1. South Africa Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
6.2.2. South Africa Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
6.3. South Africa Power & Distribution Transformer Market Overview, By Rating |
6.3.1. South Africa Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
6.3.1.1. South Africa Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
6.3.1.2. South Africa Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
6.3.1.3. South Africa Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
6.3.1.4. South Africa Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
6.3.2. South Africa Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
6.3.2.1. South Africa Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
6.3.2.2. South Africa Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
6.3.2.3. South Africa Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
6.4. South Africa Power & Distribution Transformer Market Overview, By Cooling System |
6.4.1. South Africa Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
6.4.2. South Africa Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
6.5. South Africa Power & Distribution Transformer Market Overview, By Applications |
6.5.1. South Africa Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
6.5.2. South Africa Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
6.6. South Africa Power & Distribution Transformer Market- Key Performance Indicators |
7. Nigeria Power & Distribution Transformer Market Overview |
7.1. Nigeria Power & Distribution Transformer Market Revenues, 2020-2030F |
7.2. Nigeria Power & Distribution Transformer Market Overview, By Types |
7.2.1. Nigeria Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
7.2.2. Nigeria Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
7.3. Nigeria Power & Distribution Transformer Market Overview, By Rating |
7.3.1. Nigeria Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
7.3.1.1. Nigeria Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
7.3.1.2. Nigeria Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
7.3.1.3. Nigeria Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
7.3.1.4. Nigeria Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
7.3.2. Nigeria Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
7.3.2.1. Nigeria Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
7.3.2.2. Nigeria Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
7.3.2.3. Nigeria Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
7.4. Nigeria Power & Distribution Transformer Market Overview, By Cooling System |
7.4.1. Nigeria Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
7.4.2. Nigeria Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
7.5. Nigeria Power & Distribution Transformer Market Overview, By Applications |
7.5.1. Nigeria Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
7.5.2. Nigeria Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
7.6. Nigeria Power & Distribution Transformer Market- Key Performance Indicators |
8. Kenya Power & Distribution Transformer Market Overview |
8.1. Kenya Power & Distribution Transformer Market Revenues, 2020-2030F |
8.2. Kenya Power & Distribution Transformer Market Overview, By Types |
8.2.1. Kenya Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
8.2.2. Kenya Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
8.3. Kenya Power & Distribution Transformer Market Overview, By Rating |
8.3.1. Kenya Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
8.3.1.1. Kenya Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
8.3.1.2. Kenya Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
8.3.1.3. Kenya Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
8.3.1.4. Kenya Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
8.3.2. Kenya Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
8.3.2.1. Kenya Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
8.3.2.2. Kenya Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
8.3.2.3. Kenya Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
8.4. Kenya Power & Distribution Transformer Market Overview, By Cooling System |
8.4.1. Kenya Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
8.4.2. Kenya Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
8.5. Kenya Power & Distribution Transformer Market Overview, By Applications |
8.5.1. Kenya Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
8.5.2. Kenya Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
8.6. Kenya Power & Distribution Transformer Market- Key Performance Indicators |
9. Ethiopia Power & Distribution Transformer Market Overview |
9.1. Ethiopia Power & Distribution Transformer Market Revenues, 2020-2030F |
9.2. Ethiopia Power & Distribution Transformer Market Overview, By Types |
9.2.1. Ethiopia Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
9.2.2. Ethiopia Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
9.3. Ethiopia Power & Distribution Transformer Market Overview, By Rating |
9.3.1. Ethiopia Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
9.3.1.1. Ethiopia Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
9.3.1.2. Ethiopia Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
9.3.1.3. Ethiopia Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
9.3.1.4. Ethiopia Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
9.3.2. Ethiopia Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
9.3.2.1. Ethiopia Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
9.3.2.2. Ethiopia Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
9.3.2.3. Ethiopia Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
9.4. Ethiopia Power & Distribution Transformer Market Overview, By Cooling System |
9.4.1. Ethiopia Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
9.4.2. Ethiopia Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
9.5. Ethiopia Power & Distribution Transformer Market Overview, By Applications |
9.5.1. Ethiopia Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
9.5.2. Ethiopia Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
9.6. Ethiopia Power & Distribution Transformer Market- Key Performance Indicators |
10. Tanzania Power & Distribution Transformer Market Overview |
10.1. Tanzania Power & Distribution Transformer Market Revenues, 2020-2030F |
10.2. Tanzania Power & Distribution Transformer Market Overview, By Types |
10.2.1. Tanzania Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
10.2.2. Tanzania Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
10.3. Tanzania Power & Distribution Transformer Market Overview, By Rating |
10.3.1. Tanzania Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
10.3.1.1. Tanzania Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
10.3.1.2. Tanzania Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
10.3.1.3. Tanzania Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
10.3.1.4. Tanzania Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
10.3.2. Tanzania Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
10.3.2.1. Tanzania Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
10.3.2.2. Tanzania Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
10.3.2.3. Tanzania Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
10.4. Tanzania Power & Distribution Transformer Market Overview, By Cooling System |
10.4.1. Tanzania Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
10.4.2. Tanzania Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
10.5. Tanzania Power & Distribution Transformer Market Overview, By Applications |
10.5.1. Tanzania Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
10.5.2. Tanzania Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
10.6. Tanzania Power & Distribution Transformer Market- Key Performance Indicators |
11. Egypt Power & Distribution Transformer Market Overview |
11.1. Egypt Power & Distribution Transformer Market Revenues, 2020-2030F |
11.2. Egypt Power & Distribution Transformer Market Overview, By Types |
11.2.1. Egypt Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
11.2.2. Egypt Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
11.3. Egypt Power & Distribution Transformer Market Overview, By Rating |
11.3.1. Egypt Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
11.3.1.1. Egypt Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
11.3.1.2. Egypt Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
11.3.1.3. Egypt Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
11.3.1.4. Egypt Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
11.3.2. Egypt Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
11.3.2.1. Egypt Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
11.3.2.2. Egypt Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
11.3.2.3. Egypt Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
11.4. Egypt Power & Distribution Transformer Market Overview, By Cooling System |
11.4.1. Egypt Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
11.4.2. Egypt Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
11.5. Egypt Power & Distribution Transformer Market Overview, By Applications |
11.5.1. Egypt Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
11.5.2. Egypt Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
11.6. Egypt Power & Distribution Transformer Market- Key Performance Indicators |
12. Morocco Power & Distribution Transformer Market Overview |
12.1. Morocco Power & Distribution Transformer Market Revenues, 2020-2030F |
12.2. Morocco Power & Distribution Transformer Market Overview, By Types |
12.2.1. Morocco Power & Distribution Transformer Market Revenues, By Power Transformer, 2020-2030F |
12.2.2. Morocco Power & Distribution Transformer Market Revenues, By Distribution Transformer, 2020-2030F |
12.3. Morocco Power & Distribution Transformer Market Overview, By Rating |
12.3.1. Morocco Power Transformer Market Revenue share, By Rating, 2020 & 2030F |
12.3.1.1. Morocco Power Transformer Market Revenues, By 1 MVA - 50 MVA, 2020-2030F |
12.3.1.2. Morocco Power Transformer Market Revenues, By 50.1 MVA -160 MVA, 2020-2030F |
12.3.1.3. Morocco Power Transformer Market Revenues, By 160.1 MVA -350 MVA, 2020-2030F |
12.3.1.4. Morocco Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
12.3.2. Morocco Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
12.3.2.1. Morocco Distribution Transformer Market Revenues, By Upto 100 kVA, 2020-2030F |
12.3.2.2. Morocco Distribution Transformer Market Revenues, By 100.1 kVA-315 kVA, 2020-2030F |
12.3.2.3. Morocco Distribution Transformer Market Revenues, By 315.1 kVA- 5 MVA, 2020-2030F |
12.4. Morocco Power & Distribution Transformer Market Overview, By Cooling System |
12.4.1. Morocco Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
12.4.2. Morocco Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
12.5. Morocco Power & Distribution Transformer Market Overview, By Applications |
12.5.1. Morocco Power & Distribution Transformer Market Revenues, By Power Utilities, 2020-2030F |
12.5.2. Morocco Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
12.6. Morocco Power & Distribution Transformer Market- Key Performance Indicators |
13. Rest of Africa Power & Distribution Transformer Market Opportunity Assessment |
14. Africa Power & Distribution Transformer Market Opportunity Assessment |
14.1. Africa Power & Distribution Transformer Market Opportunity Assessment, By Country |
14.1.1. South Africa Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.2. Nigeria Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.3. Kenya Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.4. Ethiopia Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.5. Tanzania Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.6. Egypt Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
14.1.7. Morocco Power & Distribution Transformer Market Opportunity Assessment, Types, 2030F |
15. Africa Power & Distribution Transformer Market Competitive Landscape |
15.1 Africa Power & Distribution Transformer Market Competitive Benchmarking, By Operating Parameters |
15.2 Africa Power & Distribution Transformer Market Revenue Share, By Country |
15.2.1. South Africa Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.2. Nigeria Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.3. Kenya Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.4. Ethiopia Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.5. Tanzania Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.6. Egypt Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
15.2.7. Morocco Power & Distribution Transformer Market Revenue Share, By Company, 2023 |
16. Company Profiles |
17. Key Strategic Recommendations |
18. Disclaimer |
Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial), By Country (Kenya, Egypt, Morocco, Tanzania, Ethiopia, Nigeria, South Africa & Rest of Africa) and Competitive Landscape
Product Code: ETC002831 | Publication Date: Aug 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Africa power & distribution transformer market is expected to gain momentum during the upcoming years owing to the increasing population coupled with surging demand for electricity. The growing investment by the government in order to enhance the power supply in remote areas is driving the Africa power & distribution transformer market growth. Moreover, the growing industrial sector along with the integration of expansive industrial strategies is adding to the Africa power & distribution transformer market share. Growing adoption of cost efficiencies along with ease of installation is proliferating the growth of the industry. Increasing integration of smart technology is also adding to the development of the market.
The Africa power & distribution transformer market report thoroughly covers the market by types, rating, cooling system, applications, and country including Kenya, Egypt, Morocco, Tanzania, Ethiopia, Nigeria, South Africa, and the rest of Africa. The Africa power & distribution transformer market outlook provides an unbiased and detailed analysis of the ongoing Africa power & distribution transformer market trends, opportunities/high growth areas, and market drivers, which would help stakeholders device and align market strategies according to the current and future market dynamics.
Africa power & distribution transformer market is projected to witness significant growth over the coming years on account of growing urbanization, rising energy demand along with government efforts to boost industrialization and infrastructure development activities in the region. Further, several governments in the region have taken development initiatives under various action plans to enhance and expand the transmission grid leading to high demand for power & distribution transformers in the years to come. However, the growth is anticipated to slow down in 2020 due to the temporary shutdown of various industries across the region in the wake of the coronavirus pandemic.
According to 6Wresearch, Africa Power & Distribution Transformer Market size is anticipated to register growth during 2020-2026. Rising demand for a stable and reliable network along with refurbishment of old power infrastructure is adding to the demand for Africa Power & Distribution Transformer Market. Increasing development in the smart grid is also providing lucrative opportunities for the growth of the Africa Power & Distribution Transformer Market.
South Africa is expected to witness robust market growth in the overall power & distribution transformer market in the years to come on the back of increasing investment in electricity distribution to maintain and balance the demand and supply of energy in the country. Moreover, the Nigeria power & distribution market has great potential to grow in the near future owing to various government reforms to strengthen and expand the electricity grid transmission system in partnership with the World Bank through the Power Sector Recovery Program (PSRP), which enables the flow of funds to power and support the sector. Further, growing public and private construction activities across several African countries along with surging foreign investment would positively impact the power & distribution transformer market growth during the forecast period.
By type, the distribution transformer segment is anticipated to generate considerable revenues in the coming years owing to the various government initiatives to expand the energy sector and enhance electricity access to each and every household in the nation, which would push the power & distribution transformer market growth during the forecast period.
The outburst of the coronavirus pandemic has hampered the growth of Africa Power & Distribution Transformer Market owing to the lockdown imposed by the government in order to curb the spread of the disease. Various restrictions led to disruption in the supply chain of power & distribution transformers.
The Africa power & distribution transformer market report provides a detailed analysis of the following market segments: