Market Forecast By Core (Closed, Shell, Berry), By Product (Power transformer, Distribution transformer, Instrument transformer, Others), By Winding (Two-winding, Auto-transformer), By Application (Residential & Commercial, Utility, Industrial), By Cooling (Dry-type, Oil Immersed), By Phase (Single phase, 3 - phase), By Rating (10 MVA, 11 MVA to 60 MVA, 61 MVA to 600 MVA, > 600 MVA) And Competitive Landscape
Product Code: ETC014291 | Publication Date: Oct 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Algeria Transformer market currently, in 2023, has witnessed an HHI of 8776, Which has increased slightly as compared to the HHI of 1740 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Algeria Transformer Market report thoroughly covers the market by Core, Product, Winding, Application, Cooling, Phase, and Rating. The market 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 py dynamics.
Algeria Transformer Market is one of the most prominent markets in the country and it is projected to rise effortlessly and more significantly in the coming years due to the rising demand for electricity in the country, government initiatives, rising population, and the efforts made by the companies running in this market.
According to 6Wresearch, Algeria Transformer Market size is anticipated to register a CAGR of 4.2% during 2025-2031. The primary driver of the Algerian transformer market is the growing demand for electricity. The demand for electricity in Algeria has been increasing at a significant rate due to population growth, urbanization, and industrialization. Algeria has one of the highest electricity consumption rates in Africa, and the demand is expected to grow due to significant investments in the country's infrastructure. In addition, the Algerian government has adopted policies aimed at increasing the share of renewable energy in the country's energy mix. This provides an opportunity for the Algeria transformer market growth.
The Algerian transformer market faces several challenges, including the lack of local manufacturing capabilities, political instability, and inadequate electricity supply. Algeria relies heavily on imports to meet its transformer demands, and this results in high costs and a significant drain on foreign currency reserves. Political instability has also affected the country's power sector development, and the government must work to create a conducive business environment that encourages investments. Furthermore, power disruptions and inadequate supply adversely affect the performance of the transformer market.
There are several players in the Algerian transformer market, including local and international manufacturers. Some of the notable local manufacturers include IEMI, ENCC, and CME. International manufacturers such as ABB, Schneider Electric, and Siemens have also established a presence in Algeria, leveraging the opportunities presented by the country's growing power sector. These companies offer a range of transformer solutions, including distribution transformers, power transformers, and special transformers.
The Algerian government has been implementing policies aimed at developing the country's power sector. The National Plan for the Development of Renewable Energies aims to achieve a 27% share of renewable energy in the country's energy mix by 2030. This policy provides opportunities for the growth of the transformer market, especially in the renewable energy sector. Furthermore, the government has introduced regulations that require local content in power sector projects, providing an opportunity for local manufacturers to participate in the industry.
According to Shubham Deep, Senior Research Manager, 6Wresearch, the changing lifestyle of people and the need for modern amenities are driving the growth of the residential and commercial sector. The utility sector is seeing significant growth, with Algeria attempting to modernize its electrical grid and incorporate renewable energy. The industrial sector is growing, contributing to the country's economic growth. The transformer market in Algeria has the potential to grow at a steady pace, with the development and growth of each application segment.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Algeria Transformer Market Overview |
3.1 Algeria Country Macro Economic Indicators |
3.2 Algeria Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Algeria Transformer Market - Industry Life Cycle |
3.4 Algeria Transformer Market - Porter's Five Forces |
3.5 Algeria Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Algeria Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Algeria Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Algeria Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Algeria Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Algeria Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Algeria Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Algeria Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Algeria Transformer Market Trends |
6 Algeria Transformer Market, By Types |
6.1 Algeria Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Algeria Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Algeria Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Algeria Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Algeria Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Algeria Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Algeria Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Algeria Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Algeria Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Algeria Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Algeria Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Algeria Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Algeria Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Algeria Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Algeria Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Algeria Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Algeria Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Algeria Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Algeria Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Algeria Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Algeria Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Algeria Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Algeria Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Algeria Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Algeria Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Algeria Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Algeria Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Algeria Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Algeria Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Algeria Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Algeria Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Algeria Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Algeria Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Algeria Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Algeria Transformer Market Import-Export Trade Statistics |
7.1 Algeria Transformer Market Export to Major Countries |
7.2 Algeria Transformer Market Imports from Major Countries |
8 Algeria Transformer Market Key Performance Indicators |
9 Algeria Transformer Market - Opportunity Assessment |
9.1 Algeria Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Algeria Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Algeria Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Algeria Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Algeria Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Algeria Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Algeria Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Algeria Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Algeria Transformer Market - Competitive Landscape |
10.1 Algeria Transformer Market Revenue Share, By Companies, 2024 |
10.2 Algeria Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |