Middle East Power & Distribution Transformer Market (2024-2030) | Companies, Analysis, Forecast, Size, Value, Industry, Share, Outlook, Trends, Revenue & Growth

Middle East power & distribution transformer market is anticipated to witness significant growth during the forecast period. Some of the key factors driving the market include growing urbanization, increasing construction activities, expansion of power & transmission infrastructure coupled with combined government efforts to diversify the economy, and shifting focus towards the non-oil sector. Further, several upcoming mega-events, national development plans, and long-term visions of various Middle Eastern countries would fuel the demand for power & distribution transformers in the region over the coming years.

According to 6Wresearch, Middle East Power & Distribution Transformer Market size is anticipated to register growth during 2020-2026. All the Middle Eastern countries such as UAE, Saudi Arabia, and Kuwait are making efforts to strengthen their non-oil sectors due to the volatility in crude oil prices and its negative impact on the economic growth of such countries. Therefore, development in the non-oil sectors such as manufacturing, renewable energy sources, hospitality, and tourism would lead to a higher demand for power and a corresponding rise in the need for the development of a reliable power generation and transmission infrastructure. However, the market for power & distribution transformers in the Middle East is expected to experience a slowdown in 2020 due to suspended economic activities on account of a continued increase in the number of coronaviruses confirmed cases in the region.

By type, the distribution transformer segment dominated the overall Middle East power & distribution transformer market in 2019 on account of the high utilization of such transformers in the distribution network and industrial setup. Further, 315.1 KVA - 5 MVA and 1 MVA - 50 MVA are the most commonly used power ratings for distribution transformers and power transformers, respectively, in the region.

The Middle East power & distribution transformer market report thoroughly covers the market by types, rating, cooling system, applications, and country including Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, Turkey, and the rest of the Middle East. The Middle East power & distribution transformer market outlook provides an unbiased and detailed analysis of the ongoing Middle East power & distribution transformer market trends, opportunities/high growth areas, market drivers, which would help stakeholders to devise and align market strategies according to the current and future market dynamics.

The Middle East power and distribution transformer market is anticipated to garner strong growth in the coming years owing to rising demand for electrification, high replacement rates in the developed countries across the region, and strict grid stability. Also, transformers being a critical part of the power and distribution sector along with rising needs for interrupted power supply are some of the factors which are, further, expected to trigger the market growth for the Middle East power and distribution market in the near future. In order to avoid power outages in the developed countries coupled with rising concerns to prevent damage to property and equipment, timely repair and maintenance of the power grid system is of extreme importance and would instigate potential growth for the Middle East power and distribution market in the upcoming six years and offer lucrative opportunities for potential investors of the market.

Middle east power & distribution transformer market is anticipated to register sound revenues in the coming years on the back of the progressive growth of power utilities. Further, the rising construction of the commercial sector tends to require an adequate power supply in offices and malls which is estimated to leave a positive impact on the power & distribution transformer market in the coming years. Additionally, a rise in the demand for better rural electrification by installing a transformer in order to ensure a regular supply of electricity in the country is anticipated to proliferate the potential growth of the Middle East power & distribution transformer market in the upcoming six years.

Middle East power and distribution transformers market is anticipated to register sound revenues in the upcoming six years on the back of the rising expatriate population especially in UAE and Saudi Arabia has led to increasing in electricity consumption and simultaneously rising power transformers installation in the market in the forthcoming years. Saudi Arabia Power and distribution transformers market is estimated to gain momentum in the country owing to the rising entrance of the country in the renewable energy generation process concurrently demand transformers also increased during the renewable power distribution process in the country and is estimated to spur the potential growth of Saudi Arabia as a result, this would benefit the entire Middle East region to secure massive growth in coming timeframe.

Middle east power & distribution transformers market is projected to secure tremendous growth in the upcoming years owing to rising electricity consumption with the growing commercial sector in the country. The increase in the growth of the young working population along with increasing disposable income is leading to spending high on food and shopping as an entertainment source is likely to support the development of food courts and shopping centers establishment and the energy consumption is increasing, as a result, is estimated to accelerate the power & distribution transformers deployment and is expected to upsurge the growth of the Middle East power & distribution transformers market in the coming timeframe.

Key Highlights of the Report

• Middle East Power & Distribution Transformer Market Overview
• Middle East Power & Distribution Transformer Market Outlook
• Middle East Power & Distribution Transformer Market Forecast
• Historical data of Middle East Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Middle East Power & Distribution Transformer Market Size & Middle East Power & Distribution Transformer Market Forecast of Revenues until 2026
• Historical data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues for the Period 2016-2019
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues until 2026
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Types, for the period 2016-2019
• Market Size and Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Types, until 2026
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Rating, for the period 2016-2019
• Market Size and Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Rating, until 2026
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Cooling System, for the period 2016-2019
• Market Size and Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Cooling System, until 2026
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Applications, for the period 2016-2019
• Market Size and Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Power & Distribution Transformer Market Revenues, By Applications, until 2026
• Middle East Power & Distribution Transformer Market Drivers & Restraints
• Middle East Power & Distribution Transformer Market Trends & Evolution
• Middle East Power & Distribution Transformer Market Industry Life Cycle
• Middle East Power & Distribution Transformer Market Opportunity Assessment
• Middle East Power & Distribution Transformer Market Share, By Players
• Middle East Power & Distribution Transformer Market Share, By Countries
• Middle East Power & Distribution Transformer Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations 

Markets Covered

The Middle East power & distribution transformer market report provides a detailed analysis of the following market segments:

By Types

• Power Transformer
• Distribution Transformer

By Rating

• Power Transformer
• 1 MVA – 50 MVA
• 50.1 MVA – 160 MVA
• 160.1 MVA – 350 MVA
• Above 350 MVA
• Distribution Transformer
• Up to 100 kVA
• 100.1kVA – 315 kVA
• 315.1kVA – 5 MVA

By Cooling System

• Dry Type
• Liquid Type

By Applications

• Power Utilities
• Industrial

By Country:

• Saudi Arabia
• UAE
• Qatar
• Kuwait
• Oman
• Bahrain
• Turkey
• Rest of the Middle East

Other Key Related Reports Include:

• Asia Pacific Power & Distribution Transformer Market Report
• Europe Power & Distribution Transformer Market Report
• Africa Power & Distribution Transformer Market Report
• Latin America Power & Distribution Transformer Market Report