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: ETC014286 | 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 | |
Jordan Transformer market currently, in 2023, has witnessed an HHI of 5485, Which has increased moderately as compared to the HHI of 1960 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.
Jordan Transformer Market report thoroughly covers the market by Core, Product, Winding, application, Cooling, Rating and Phase. 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.
Jordan Transformer Market is rising significantly and it will continue to rise more in the near future attributed to a number of factors. Urbanization is rising more and more in the country owing to which there is a rise in demand for transformers, which is attributed to the market growth. The rising demand for electricity and government initiatives are also supporting the progress of this market.
According to 6Wresearch, Jordan Transformer Market size is anticipated to register a CAGR of 7.2% during 2025-2031. Jordan's urbanization rate is currently at 88.8%, which means that more Jordanians are moving into cities. Cities require a consistent supply of electricity, which has created a demand for transformers. Jordan's industrial sector is a crucial driver of the economy. Companies and factories require a stable supply of electricity, which can be provided by transformers.
The increased industrialization in Jordan has led to an increase in demand for transformers. Jordan is investing in renewable energies such as wind and solar. The country has set a target of generating 20% of its electricity from renewable sources by 2020. New renewable energy projects require transformers to connect to the national grid and transmit their generated power.
Jordan's transformer market is highly competitive, with both international and local companies competing for contracts. It can be difficult for smaller local companies to compete with international firms' technological advantages and economies of scale. Due to the small size of the local market and the limited manufacturing capacity, companies often have to import transformers to fulfill local demand. This dependence on foreign manufacturers makes the market vulnerable to price fluctuations and supply chain disruptions.
The Jordan transformer market has some significant players such as ABB, Siemens, EMCO, and Al Jomaih Electrical Company. These companies are investing heavily in research and development to create innovative transformer solutions to cater to the evolving market needs. Additionally, they are collaborating with their local counterparts to set up manufacturing facilities and provide after-sale services to meet the specific requirements of the Jordan market.
The government of Jordan has implemented various regulations and initiatives to support the growth of the energy sector and, consequently, the transformer market. The government is focusing on reducing the carbon footprint and promoting the use of renewable energy sources. The Energy Efficiency and Renewable Energy Law emphasizes the importance of energy conservation and encourages the use of innovative energy-saving techniques. The government also offers subsidies and tax incentives to companies investing in the energy sector, which has encouraged the entry of new players and increased competition.
According to Suryakant, Senior Research Analyst, 6Wresearch, the Jordan transformer industry has seen a notable climb in the distribution transformer segment. Distribution transformers form a vital component of the power distribution system and find application in residential and industrial sectors. Distribution transformers are used in areas where there is a need for voltage transformation from the transmission voltage to a lower voltage that is safe for use by homeowners and industrial consumers. The growth of distribution transformers in Jordan can be attributed to efforts by the government to ensure stable power supply in the country.
The residential and commercial application segments continue to lead the market, the utility sector is also making considerable investments to sustain the energy demand through renewable energy sources. The industrial sector's growth is expected to drive the Jordan transformer market in the coming years.
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 Jordan Transformer Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Transformer Market - Industry Life Cycle |
3.4 Jordan Transformer Market - Porter's Five Forces |
3.5 Jordan Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Jordan Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Jordan Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Jordan Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Jordan Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Jordan Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Jordan Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Jordan Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Transformer Market Trends |
6 Jordan Transformer Market, By Types |
6.1 Jordan Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Jordan Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Jordan Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Jordan Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Jordan Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Jordan Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Jordan Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Jordan Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Jordan Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Jordan Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Jordan Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Jordan Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Jordan Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Jordan Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Jordan Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Jordan Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Jordan Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Jordan Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Jordan Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Jordan Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Jordan Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Jordan Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Jordan Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Jordan Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Jordan Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Jordan Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Jordan Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Jordan Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Jordan Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Jordan Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Jordan Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Jordan Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Jordan Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Jordan Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Jordan Transformer Market Import-Export Trade Statistics |
7.1 Jordan Transformer Market Export to Major Countries |
7.2 Jordan Transformer Market Imports from Major Countries |
8 Jordan Transformer Market Key Performance Indicators |
9 Jordan Transformer Market - Opportunity Assessment |
9.1 Jordan Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Jordan Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Jordan Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Jordan Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Jordan Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Jordan Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Jordan Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Jordan Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Jordan Transformer Market - Competitive Landscape |
10.1 Jordan Transformer Market Revenue Share, By Companies, 2024 |
10.2 Jordan Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |