Code: MTA2724 | Publication Date: Mar 2025 |
Middle East Transformers Market witnessed significant growth. This can be attributed to several factors, with the key players being one of them. With fierce competition among different players, companies are constantly striving to improve their products and services by investing in research and development. This has led to the introduction of more efficient and advanced transformer technologies in the Middle East market. Companies also contribute significantly to the economy of the Middle East. They provide employment opportunities for thousands of people, both directly and indirectly, through their supply chains and distribution networks. This creates a positive impact on the local communities by improving their standard of living and contributing to economic growth.
Another crucial role that companies play in the Middle East transformers market is promoting sustainability and environmental consciousness. With growing concerns about climate change and carbon emissions, companies are increasingly focusing on developing and promoting eco-friendly transformer solutions. This includes the use of renewable energy sources, such as solar and wind power, in their operations, as well as improving the energy efficiency of their products. This not only benefits the environment but also helps to reduce electricity costs for consumers. As per 6Wresearch, Middle East Transformers Market is projected to grow at a significant CAGR of 4.7% from 2025-2031F.
Company Name | ABB Group |
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Headquarters | Zurich, Switzerland |
Established Year | 1883 |
Official Website | Click Here |
ABB Group is a Swiss multinational corporation that specializes in power and automation technology. With over 130 years of experience, ABB has become a global leader in the field of transformers, serving customers in more than 100 countries.
Company Name | Siemens Energy AG |
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Headquarters | Munich, Germany |
Established Year | 2008 |
Official Website | Click Here |
Siemens Energy AG is a German multinational corporation that provides products and services for the generation, transmission, and distribution of electricity. With its advanced technologies and solutions, Siemens Energy aims to help countries in the region meet their growing energy demands while reducing environmental impact.
Company Name | Schneider Electric |
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Headquarters | Rueil-Malmaison, France |
Established Year | 1836 |
Official Website | Click Here |
Schneider Electric is a French multinational corporation that specializes in energy management and automation solutions. Schneider Electric's goal is to empower businesses and communities to make the most of their energy resources while minimizing their carbon footprint.
Company Name | General Electric (GE) |
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Headquarters | Boston, United States |
Established Year | 1892 |
Official Website | Click Here |
General Electric (GE) is an American multinational conglomerate that operates in various industries, including power generation and distribution. The company has a long history in the Middle East, with its presence dating back to the 1930s. GE has been providing reliable transformers to help meet the region's growing energy needs and enable economic development.
Company Name | Toshiba Corporation |
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Headquarters | Tokyo, Japan |
Established Year | 1875 |
Official Website | Click Here |
Toshiba Corporation is a Japanese multinational conglomerate that offers a wide range of products and services, including power systems and social infrastructure solutions. The company has been operating in the Middle East for over 60 years, providing advanced transformers and other technologies to support the region's economic growth.
Company Name | Hyosung Corporation |
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Headquarters | Seoul, South Korea |
Established Year | 1966 |
Official Website | - |
Hyosung Corporation is a South Korean industrial conglomerate that operates in various industries, including power systems and industrial machinery. The company has been manufacturing transformers for over 50 years and has established a strong presence in the Middle East market.
Company Name | Eaton Corporation |
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Headquarters | Dublin, Ireland |
Established Year | 1911 |
Official Website | Click Here |
Eaton Corporation is a multinational power management company that offers a wide range of products and services, including transformers. The company has been operating in the Middle East for over 40 years, providing innovative solutions to improve energy efficiency and reliability.
Company Name | Hitachi ABB Power Grids |
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Headquarters | Zurich, Switzerland |
Established Year | 2020 |
Official Website | Click Here |
Hitachi ABB Power Grids is a joint venture between Hitachi and ABB, formed in 2020 to provide power and automation solutions. The company offers a wide range of products, including transformers, to help customers in the Middle East meet their energy needs efficiently. Hitachi ABB Power Grids aims to enable the region's transition towards a more sustainable energy future.
Company Name | Crompton Greaves |
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Headquarters | Mumbai, India |
Established Year | 1937 |
Official Website | Click Here |
Crompton Greaves is an Indian multinational corporation that specializes in power transmission and distribution equipment, including transformers. The company has been operating in the Middle East for over 25 years, providing reliable solutions to support the region's growing energy demands.
Company Name | Bharat Heavy Electricals Limited (BHEL) |
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Headquarters | New Delhi, India |
Established Year | 1964 |
Official Website | Click Here |
Bharat Heavy Electricals Limited (BHEL) is an Indian public sector company that offers power generation and transmission solutions, including transformers. The company has been operating in the Middle East for over 40 years, providing advanced technologies to help countries in the region meet their energy needs sustainably.
Company Name | Emirates Transformer & Switchgear Ltd (ETS) |
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Headquarters | Abu Dhabi, UAE |
Established Year | 1987 |
Official Website | Click Here |
Emirates Transformer & Switchgear Ltd (ETS) is a leading manufacturer of transformers and switchgears in the Middle East. The company has been operating for over 30 years, providing high-quality and reliable products to support the region's growing energy demands. ETS is committed to promoting sustainable practices and reducing environmental impact in the energy sector.