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: ETC014299 | Publication Date: Oct 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Tajikistan Transformer market currently, in 2023, has witnessed an HHI of 4599, Which has decreased slightly as compared to the HHI of 8580 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.
Tajikistan 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.
Tajikistan Transformer Market has been accomplishing prominent growth and it is projected to register substantial growth in the near future due to the countryโs emphasis on the development of the renewable energy sector to reduce dependency on thermal power plants. Tajikistan is planning to rehabilitate its ageing distribution and transmission network to make it efficient and reliable, which helps in propelling the growth of the market.
According to 6Wresearch, Tajikistan Transformer Market size is projected to attain a CAGR of 4.10% during 2024-2030.ย The growth of the power sector is one of the major factors that drive the Tajikistan transformer market. The country is emphasizing the development of the renewable energy sector to reduce dependency on thermal power plants. To achieve the goal of 90% of renewable energy consumption by 2030, the country is expanding its hydropower capacity to over 5,000 MW. As a result, the demand for transformers would increase significantly to enhance the power transmission and distribution system. Moreover, the refurbishing of power infrastructure is another major driver of the Tajikistan transformer market. The country is planning to rehabilitate its ageing distribution and transmission network to make it efficient and reliable. This will require significant investments in upgrading the current transformers or replacing them with new ones.
The Tajikistan transformer market faces several challenges that hinder its growth. Firstly, the high import duty on the raw materials required for transformer manufacturing is a significant challenge. Companies that import transformers face a 15% import duty, making transformer manufacturing in the country uncompetitive. Secondly, the lack of local manufacturing capabilities also poses challenges. Although there are a few local manufacturers, they are small, and their production capacity is limited. As a result, the market relies heavily on imports, which increases the cost of transformers. These challenges may affect the Tajikistan Transformer Market Growth.
Several global transformer manufacturers serve the Tajikistan transformer market, including Siemens, Schneider Electric, ABB, and Fuji Electric. These companies offer a wide range of transformers from distribution to power transformers that are essential for the power sector and industrial applications. Additionally, there are a few local manufacturers, including ODO TEMIR KOMPLEKT MASH, that cater to small-scale requirements.
The Tajikistan government has implemented several regulations and initiatives to support the transformer market's growth. The country has reduced the customs duties and taxes for the raw materials required for transformer manufacturing to 0-5%. Additionally, the government provides subsidies to the local manufacturers for the production of transformers to improve the competitiveness of local manufacturers. The government of the nation has been making efforts in order to help the market to progress faster as well as smoother.
According to Dhaval, Research Manager, 6Wresearch, the closed-core transformer segment on the basis of the core is the most significant segment, and it accounts for more than 60% of the industry share.
The distribution segment of the industry is projected to register faster as well as more prominent growth attributed to the rising urbanization and industrialization further leading to the growth of the transformer market.
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 Tajikistan Transformer Market Overview |
3.1 Tajikistan Country Macro Economic Indicators |
3.2 Tajikistan Transformer Market Revenues & Volume, 2020 & 2030F |
3.3 Tajikistan Transformer Market - Industry Life Cycle |
3.4 Tajikistan Transformer Market - Porter's Five Forces |
3.5 Tajikistan Transformer Market Revenues & Volume Share, By Core, 2020 & 2030F |
3.6 Tajikistan Transformer Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 Tajikistan Transformer Market Revenues & Volume Share, By Winding, 2020 & 2030F |
3.8 Tajikistan Transformer Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.9 Tajikistan Transformer Market Revenues & Volume Share, By Cooling, 2020 & 2030F |
3.10 Tajikistan Transformer Market Revenues & Volume Share, By Insulation, 2020 & 2030F |
3.11 Tajikistan Transformer Market Revenues & Volume Share, By Phase, 2020 & 2030F |
4 Tajikistan Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Tajikistan Transformer Market Trends |
6 Tajikistan Transformer Market, By Types |
6.1 Tajikistan Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Tajikistan Transformer Market Revenues & Volume, By Core, 2020 - 2030F |
6.1.3 Tajikistan Transformer Market Revenues & Volume, By Closed, 2020 - 2030F |
6.1.4 Tajikistan Transformer Market Revenues & Volume, By Shell, 2020 - 2030F |
6.1.5 Tajikistan Transformer Market Revenues & Volume, By Berry, 2020 - 2030F |
6.2 Tajikistan Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Tajikistan Transformer Market Revenues & Volume, By Power transformer, 2020 - 2030F |
6.2.3 Tajikistan Transformer Market Revenues & Volume, By Distribution transformer, 2020 - 2030F |
6.2.4 Tajikistan Transformer Market Revenues & Volume, By Instrument transformer, 2020 - 2030F |
6.2.5 Tajikistan Transformer Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Tajikistan Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Tajikistan Transformer Market Revenues & Volume, By Two-winding, 2020 - 2030F |
6.3.3 Tajikistan Transformer Market Revenues & Volume, By Auto-transformer, 2020 - 2030F |
6.4 Tajikistan Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Tajikistan Transformer Market Revenues & Volume, By Residential & Commercial, 2020 - 2030F |
6.4.3 Tajikistan Transformer Market Revenues & Volume, By Utility, 2020 - 2030F |
6.4.4 Tajikistan Transformer Market Revenues & Volume, By Industrial, 2020 - 2030F |
6.5 Tajikistan Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Tajikistan Transformer Market Revenues & Volume, By Dry type, 2020 - 2030F |
6.5.3 Tajikistan Transformer Market Revenues & Volume, By Oil Immersed, 2020 - 2030F |
6.6 Tajikistan Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Tajikistan Transformer Market Revenues & Volume, By Gas, 2020 - 2030F |
6.6.3 Tajikistan Transformer Market Revenues & Volume, By Oil, 2020 - 2030F |
6.6.4 Tajikistan Transformer Market Revenues & Volume, By Solid, 2020 - 2030F |
6.6.5 Tajikistan Transformer Market Revenues & Volume, By Air, 2020 - 2030F |
6.6.6 Tajikistan Transformer Market Revenues & Volume, By Others, 2020 - 2030F |
6.7 Tajikistan Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Tajikistan Transformer Market Revenues & Volume, By Single phase, 2020 - 2030F |
6.7.3 Tajikistan Transformer Market Revenues & Volume, By 3 - phase, 2020 - 2030F |
6.8 Tajikistan Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Tajikistan Transformer Market Revenues & Volume, By ? 10 MVA, 2020 - 2030F |
6.8.3 Tajikistan Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2020 - 2030F |
6.8.4 Tajikistan Transformer Market Revenues & Volume, By > 600 MVA, 2020 - 2030F |
6.8.5 Tajikistan Transformer Market Revenues & Volume, By > 600 MVA, 2020 - 2030F |
7 Tajikistan Transformer Market Import-Export Trade Statistics |
7.1 Tajikistan Transformer Market Export to Major Countries |
7.2 Tajikistan Transformer Market Imports from Major Countries |
8 Tajikistan Transformer Market Key Performance Indicators |
9 Tajikistan Transformer Market - Opportunity Assessment |
9.1 Tajikistan Transformer Market Opportunity Assessment, By Core, 2020 & 2030F |
9.2 Tajikistan Transformer Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 Tajikistan Transformer Market Opportunity Assessment, By Winding, 2020 & 2030F |
9.4 Tajikistan Transformer Market Opportunity Assessment, By Application, 2020 & 2030F |
9.5 Tajikistan Transformer Market Opportunity Assessment, By Cooling, 2020 & 2030F |
9.6 Tajikistan Transformer Market Opportunity Assessment, By Insulation, 2020 & 2030F |
9.7 Tajikistan Transformer Market Opportunity Assessment, By Phase, 2020 & 2030F |
9.7 Tajikistan Transformer Market Opportunity Assessment, By Rating, 2020 & 2030F |
10 Tajikistan Transformer Market - Competitive Landscape |
10.1 Tajikistan Transformer Market Revenue Share, By Companies, 2023 |
10.2 Tajikistan Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |