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: ETC014293 | 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 | |
Morocco Transformer market currently, in 2023, has witnessed an HHI of 1929, Which has increased slightly as compared to the HHI of 1674 in 2017. The market is moving towards moderately competitive. 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.
Morocco 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.
Morocco Transformer Market has been growing significantly and the market is projected to grow more in the years to come due to the increased investment in the country's infrastructure, rapid urbanization, faster population growth and efforts made by the country’s government towards expanding electricity networks to rural areas.
According to 6Wresearch, Morocco Transformer Market size is anticipated to grow at a tremendous growth rate of 5.4% during 2025-2031. The key driver for the transformer market in Morocco is the increased investment in the country's infrastructure. According to Morocco's Sustainable Energy Agency, the government will invest up to $40 billion to achieve a renewable energy target of 52% by 2030. Additionally, the government is placing significant efforts towards expanding electricity networks to rural areas and upgrading aging transmission and distribution networks.
One of the challenges facing the Morocco transformer market is the lack of domestic production capabilities, leading to a dependence on imports from foreign suppliers. According to a report by the United States International Trade Administration, the market is dominated by global players such as ABB, Siemens, and Schneider Electric. With the increase in electricity demand, there is a need for local production of transformers, which would significantly contribute to the country's economic growth.
Local and international companies are key players in the transformer market in Morocco. One of the main players is ABB, which offers several transformer products like power transformers, distribution transformers, and dry transformers. Schneider Electric, which is a global player, has a significant presence in Morocco's market, offering distribution transformers and energy efficiency solutions. Siemens also has a significant market presence, with a focus on high voltage transformers.
Government regulations play a significant role in shaping the transformer market in Morocco. The government established the Moroccan Agency for Solar Energy, which aims to promote renewable energy development in the country. The agency has launched major renewable energy projects, which require substantial transformer investments. The agency also provides incentives for private sector investments in the renewable energy sector.
According to Dhaval, Research Manager, 6Wresearch, the transformer market in Morocco is experiencing significant growth, with the power transformer and distribution transformer market segments seeing the most growth. The growth can be attributed to the Moroccan government's commitment to rural electrification, housing projects, and renewable energy projects.
On the basis of application, the residential and commercial segments are growing because of the increasing private sector investments in building modern commercial establishments, shopping centres, and residential quarters. With the rise in urbanization, the demand for power faced a boost in these areas rapidly.
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 Morocco Transformer Market Overview |
3.1 Morocco Country Macro Economic Indicators |
3.2 Morocco Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Morocco Transformer Market - Industry Life Cycle |
3.4 Morocco Transformer Market - Porter's Five Forces |
3.5 Morocco Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Morocco Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Morocco Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Morocco Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Morocco Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Morocco Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Morocco Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Morocco Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Morocco Transformer Market Trends |
6 Morocco Transformer Market, By Types |
6.1 Morocco Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Morocco Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Morocco Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Morocco Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Morocco Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Morocco Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Morocco Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Morocco Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Morocco Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Morocco Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Morocco Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Morocco Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Morocco Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Morocco Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Morocco Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Morocco Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Morocco Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Morocco Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Morocco Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Morocco Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Morocco Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Morocco Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Morocco Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Morocco Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Morocco Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Morocco Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Morocco Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Morocco Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Morocco Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Morocco Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Morocco Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Morocco Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Morocco Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Morocco Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Morocco Transformer Market Import-Export Trade Statistics |
7.1 Morocco Transformer Market Export to Major Countries |
7.2 Morocco Transformer Market Imports from Major Countries |
8 Morocco Transformer Market Key Performance Indicators |
9 Morocco Transformer Market - Opportunity Assessment |
9.1 Morocco Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Morocco Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Morocco Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Morocco Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Morocco Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Morocco Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Morocco Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Morocco Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Morocco Transformer Market - Competitive Landscape |
10.1 Morocco Transformer Market Revenue Share, By Companies, 2024 |
10.2 Morocco Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |