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: ETC014281 | 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 | |
Qatar Transformer market currently, in 2023, has witnessed an HHI of 1564, Which has increased slightly as compared to the HHI of 1239 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.
Qatar 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.
Qatar Transformer Market is attaining success and the market is projected to accomplish growth during the forecast period due to factors such as investment in renewable energy, expanding demand for electricity, and the rising population and urbanization in the nation. The market is also coming across certain challenges that can decline its growth.ย
According to 6Wresearch, Qatar Transformer Market size is expected to expand at a CAGR of 3.10% during 2025-2031. The main driver of the transformer market in Qatar is the high electricity demand.ย Power consumption in Qatar has tripled in the last decade, due to the country's growing population and expanding economy. Qatar's government has invested heavily in developing its infrastructure to keep pace with the ever-increasing energy demand. The government's energy policy is focused on investing in clean energy while diversifying its energy mix and relying less on natural gas. A significant challenge facing the transformer industry in Qatar is its dependence on imports. The country currently imports most of its transformers. Local manufacturers have struggled to compete with the established international players. Another major challenge is the limited shelf life of transformers. The harsh desert climate in Qatar can be particularly harsh on power supply equipment. This makes it challenging to maintain the quality and longevity of transformers. These challenges can decline in Qatar Transformer Market Growth.ย
The Qatar transformer market is dominated by several international firms. These include ABB, Siemens, GE, and Hyundai Electric. These companies have established themselves as reliable manufacturers of high-quality transformers in Qatar. However, there is a growing demand to develop and promote local manufacturers to increase competition and create a better market environment for local manufacturers.
The Qatari government has been implementing various regulations and policies aimed at fostering economic growth and development, including the transformer market. The government has adopted strict environmental regulations aimed at reducing the country's carbon footprint, requiring the use of energy-efficient transformers. Additionally, the government has been investing in renewable energy sources, such as solar and wind energy, which are expected to create new opportunities in the transformer market.
According to Dhaval, Research Manager, 6Wresearch, the power transformer and distribution transformer segments seem to be in high demand due to the country's increasing need for electricity and infrastructure development. The instrument transformer segment is also expected to grow due to its pivotal role in upgrading the electricity network.
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 Qatar Transformer Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Transformer Market - Industry Life Cycle |
3.4 Qatar Transformer Market - Porter's Five Forces |
3.5 Qatar Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 Qatar Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Qatar Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 Qatar Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Qatar Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 Qatar Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 Qatar Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 Qatar Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Transformer Market Trends |
6 Qatar Transformer Market, By Types |
6.1 Qatar Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 Qatar Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 Qatar Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 Qatar Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 Qatar Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 Qatar Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Qatar Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 Qatar Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 Qatar Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 Qatar Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Qatar Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 Qatar Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 Qatar Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 Qatar Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Qatar Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 Qatar Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 Qatar Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 Qatar Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 Qatar Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 Qatar Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 Qatar Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 Qatar Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 Qatar Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 Qatar Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 Qatar Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 Qatar Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 Qatar Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 Qatar Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 Qatar Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 Qatar Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 Qatar Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 Qatar Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 Qatar Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 Qatar Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 Qatar Transformer Market Import-Export Trade Statistics |
7.1 Qatar Transformer Market Export to Major Countries |
7.2 Qatar Transformer Market Imports from Major Countries |
8 Qatar Transformer Market Key Performance Indicators |
9 Qatar Transformer Market - Opportunity Assessment |
9.1 Qatar Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 Qatar Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Qatar Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 Qatar Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Qatar Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 Qatar Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 Qatar Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 Qatar Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 Qatar Transformer Market - Competitive Landscape |
10.1 Qatar Transformer Market Revenue Share, By Companies, 2024 |
10.2 Qatar Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |