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: ETC014290 | 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 | |
Kenya Transformer market currently, in 2023, has witnessed an HHI of 5725, Which has decreased moderately as compared to the HHI of 6449 in 2017. The market is moving towards 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.
Kenya 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 dynamics.
Kenya Transformer Market has emerged as one of the substantial markets and it is projected to attain prominent growth in the coming years on the back of the high demand for electricity, fueled by the expanding population and growing industrialization. The market is also facing certain challenges and these challenges can limit its growth.
According to 6Wresearch, Kenya Transformer Market size is anticipated to rise at a CAGR of 5.8% during 2025-2031. One of the major factors driving the growth of the Kenyan transformer market is the high demand for electricity, fueled by the expanding population and growing industrialization. Moreover, renewable energy ventures, such as the Lake Turkana Wind Power Project, have necessitated the installation of step-up transformers which increase the voltage of the generated energy to transportation levels. This demand has encouraged local and international firms to land in the country to serve the market. Kenya Power and Lighting Company-Distribution (KPLC-D) is the largest buyer of transformers, with amounts of 50kVA accounting for over 75% of its transformer procurement.
The dynamics of the transformer market also present several challenges. One of the primary challenges is the high cost of materials, which together with foreign exchange fluctuations, leads to volatility in pricing, hurting market confidence, and predictability. The second issue is competition from cheaper imports flooding the market, squeezing local businesses.
There are several participants in the Kenyan transformer market. The top players include M.C Fender Construction Company which has been in operation for almost 60 years. The company started specializing in transformer winding repairs and quickly grew into a manufacturer and supplier of transformers. Electro-Maxx, East African Cables, NCI Transformer, and Trans-Africa Transformers are the other big players, locally and globally. China’s TBEA Transformer Industrial Group recently landed in Kenya, emphasizing the market potential and the growth of renewable energy sources.
The Kenyan Government created the Energy Regulatory Commission (ERC) to regulate the electric power industry and promote the interests of consumers. The ERC ensures that all electricity-consuming equipment is operating within the required standards. Because of this, there is a higher degree of compliance with IEC standards, which has led to the introduction of temperature sensor devices in many transformers to combat internal heating. The commission also approves the maximum prices at which the transformers should be sold. Therefore, it is necessary for all market participants to closely follow the ERC guidelines to avoid regulatory sanctions.
The growth of both dry-type and oil-immersed transformers is noticeable in the Kenyan transformer market. However, the dry type is currently growing at a faster rate than the oil-immersed alternative.
According to Shubham Deep, Senior Research Manager, 6Wresearch, the residential and commercial segment is expanding with rising construction activity and population growth, the utility segment is growing by expanding the national grid, and the industrial sector is expanding to meet the production needs of SMEs.
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 Kenya Transformer Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Kenya Transformer Market - Industry Life Cycle |
3.4 Kenya Transformer Market - Porter's Five Forces |
3.5 Kenya Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Kenya Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Kenya Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Kenya Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Kenya Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Kenya Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Kenya Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Kenya Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kenya Transformer Market Trends |
6 Kenya Transformer Market, By Types |
6.1 Kenya Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Kenya Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Kenya Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Kenya Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Kenya Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Kenya Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Kenya Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Kenya Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Kenya Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Kenya Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Kenya Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Kenya Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Kenya Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Kenya Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Kenya Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Kenya Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Kenya Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Kenya Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Kenya Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Kenya Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Kenya Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Kenya Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Kenya Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Kenya Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Kenya Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Kenya Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Kenya Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Kenya Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Kenya Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Kenya Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Kenya Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Kenya Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Kenya Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Kenya Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Kenya Transformer Market Import-Export Trade Statistics |
7.1 Kenya Transformer Market Export to Major Countries |
7.2 Kenya Transformer Market Imports from Major Countries |
8 Kenya Transformer Market Key Performance Indicators |
9 Kenya Transformer Market - Opportunity Assessment |
9.1 Kenya Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Kenya Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Kenya Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Kenya Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Kenya Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Kenya Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Kenya Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Kenya Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Kenya Transformer Market - Competitive Landscape |
10.1 Kenya Transformer Market Revenue Share, By Companies, 2024 |
10.2 Kenya Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |