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: ETC014280 | Publication Date: Dec 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Transformer market currently, in 2023, has witnessed an HHI of 996, Which has decreased slightly as compared to the HHI of 1087 in 2017. The market is moving towards highly 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.
UAE Transformer Market report thoroughly covers market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the on-going 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.
UAE Transformer Market is anticipated to project substantial growth during the upcoming years owing to rising industrialization. The increasing development in the construction sector is driving the UAE Transformer Market Growth. Moreover, the surging population in the country backed by rising demand for electricity is driving the development of the market.
According to 6Wresearch, UAE Transformer Market size is projected to register a CAGR of around 6.2% during 2025-2031. One of the primary drivers of the UAE transformer market is the increasing need for reliable power supply across various sectors such as industrial, commercial, and residential. With the UAE's ambitious growth plans and diversification of the economy from oil, there is a significant demand for a continuous power supply. To meet this growing demand, the government of UAE has set targets to increase renewable energy production to 44% by 2050, which is driving the transformation of the energy sector and creating new opportunities for the transformer industry. Another driver of the UAE transformer market is the technological advancements in transformer design and manufacturing. Technological advancements are taking place in the transformer industry, which is leading to the development of highly efficient and eco-friendly transformers. The adoption of smart grid technology, IoT, and digitization has led to the development of smart transformers that can monitor, control and transmit data in real-time, making the grid more efficient and reliable.
However, the UAE transformer market is not without its challenges. One of the significant challenges is the lack of local manufacturing capabilities. Most of the transformers used in the UAE are imported from other countries such as China, Japan, and Europe. This makes the UAE dependent on foreign manufacturers, which may increase the cost and lead time of delivery. Additionally, the majority of local companies in the UAE focus on the construction of the transformer buildings rather than the core manufacturing of transformers.
Some of the key players in the UAE transformer market include ABB, Alfanar, Siemens, Schneider Electric, and Emirates Transformer & Switchgear Ltd. (ETS). These companies offer a wide range of power transformers, distribution transformers, and special transformers that cater to various sectors such as oil and gas, renewable energy, and transportation. The market is highly competitive, with players investing in research and development to develop more advanced and efficient transformers to meet the growing demand.
The government of UAE has implemented several regulations and initiatives to support the development of the transformer industry. The UAE has set targets to increase the renewable energy production share to 44% by 2050, which is driving the transformation of the energy sector and creating new opportunities for the transformer industry. The government is also investing in research and development to support innovation in the transformer industry. Moreover, the government has launched several initiatives to support the adoption of energy-efficient solutions, which will increase the demand for efficient and eco-friendly transformers.
According to Sumit, Senior Research Analyst, 6Wresearch, the Distribution Transformer segment is attaining growth and is expected to lead the market during the forthcoming period as well due to its rising demand.
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 UAE Transformer Market Overview |
3.1 UAE Country Macro Economic Indicators |
3.2 UAE Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 UAE Transformer Market - Industry Life Cycle |
3.4 UAE Transformer Market - Porter's Five Forces |
3.5 UAE Transformer Market Revenues & Volume Share, By Core, 2021 & 2031F |
3.6 UAE Transformer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 UAE Transformer Market Revenues & Volume Share, By Winding, 2021 & 2031F |
3.8 UAE Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 UAE Transformer Market Revenues & Volume Share, By Cooling, 2021 & 2031F |
3.10 UAE Transformer Market Revenues & Volume Share, By Insulation, 2021 & 2031F |
3.11 UAE Transformer Market Revenues & Volume Share, By Phase, 2021 & 2031F |
4 UAE Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 UAE Transformer Market Trends |
6 UAE Transformer Market, By Types |
6.1 UAE Transformer Market, By Core |
6.1.1 Overview and Analysis |
6.1.2 UAE Transformer Market Revenues & Volume, By Core, 2021 - 2031F |
6.1.3 UAE Transformer Market Revenues & Volume, By Closed, 2021 - 2031F |
6.1.4 UAE Transformer Market Revenues & Volume, By Shell, 2021 - 2031F |
6.1.5 UAE Transformer Market Revenues & Volume, By Berry, 2021 - 2031F |
6.2 UAE Transformer Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 UAE Transformer Market Revenues & Volume, By Power transformer, 2021 - 2031F |
6.2.3 UAE Transformer Market Revenues & Volume, By Distribution transformer, 2021 - 2031F |
6.2.4 UAE Transformer Market Revenues & Volume, By Instrument transformer, 2021 - 2031F |
6.2.5 UAE Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 UAE Transformer Market, By Winding |
6.3.1 Overview and Analysis |
6.3.2 UAE Transformer Market Revenues & Volume, By Two-winding, 2021 - 2031F |
6.3.3 UAE Transformer Market Revenues & Volume, By Auto-transformer, 2021 - 2031F |
6.4 UAE Transformer Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 UAE Transformer Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.4.3 UAE Transformer Market Revenues & Volume, By Utility, 2021 - 2031F |
6.4.4 UAE Transformer Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.5 UAE Transformer Market, By Cooling |
6.5.1 Overview and Analysis |
6.5.2 UAE Transformer Market Revenues & Volume, By Dry type, 2021 - 2031F |
6.5.3 UAE Transformer Market Revenues & Volume, By Oil Immersed, 2021 - 2031F |
6.6 UAE Transformer Market, By Insulation |
6.6.1 Overview and Analysis |
6.6.2 UAE Transformer Market Revenues & Volume, By Gas, 2021 - 2031F |
6.6.3 UAE Transformer Market Revenues & Volume, By Oil, 2021 - 2031F |
6.6.4 UAE Transformer Market Revenues & Volume, By Solid, 2021 - 2031F |
6.6.5 UAE Transformer Market Revenues & Volume, By Air, 2021 - 2031F |
6.6.6 UAE Transformer Market Revenues & Volume, By Others, 2021 - 2031F |
6.7 UAE Transformer Market, By Phase |
6.7.1 Overview and Analysis |
6.7.2 UAE Transformer Market Revenues & Volume, By Single phase, 2021 - 2031F |
6.7.3 UAE Transformer Market Revenues & Volume, By 3 - phase, 2021 - 2031F |
6.8 UAE Transformer Market, By Rating |
6.8.1 Overview and Analysis |
6.8.2 UAE Transformer Market Revenues & Volume, By ? 10 MVA, 2021 - 2031F |
6.8.3 UAE Transformer Market Revenues & Volume, By 11 MVA to 60 MVA, 2021 - 2031F |
6.8.4 UAE Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
6.8.5 UAE Transformer Market Revenues & Volume, By > 600 MVA, 2021 - 2031F |
7 UAE Transformer Market Import-Export Trade Statistics |
7.1 UAE Transformer Market Export to Major Countries |
7.2 UAE Transformer Market Imports from Major Countries |
8 UAE Transformer Market Key Performance Indicators |
9 UAE Transformer Market - Opportunity Assessment |
9.1 UAE Transformer Market Opportunity Assessment, By Core, 2021 & 2031F |
9.2 UAE Transformer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 UAE Transformer Market Opportunity Assessment, By Winding, 2021 & 2031F |
9.4 UAE Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 UAE Transformer Market Opportunity Assessment, By Cooling, 2021 & 2031F |
9.6 UAE Transformer Market Opportunity Assessment, By Insulation, 2021 & 2031F |
9.7 UAE Transformer Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.7 UAE Transformer Market Opportunity Assessment, By Rating, 2021 & 2031F |
10 UAE Transformer Market - Competitive Landscape |
10.1 UAE Transformer Market Revenue Share, By Companies, 2024 |
10.2 UAE Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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: ETC014280 | Publication Date: Oct 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Arab Emirates (UAE) Transformer Market is projected to grow over the coming years. United Arab Emirates (UAE) Transformer Market report is a part of our periodical regional publication Middle East Transformer Market outlook report. 6W tracks transformer market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Transformer Market outlook report annually.
United Arab Emirates Transformer Market report thoroughly covers market by Core, Product, Winding, application, Cooling, Rating and Phase. The market report provides an unbiased and detailed analysis of the on-going 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.
United Arab Emirates Transformer Market Synopsis
United Arab Emirates Transformer Market is anticipated to project substantial growth during the upcoming years owing to the rising industrialization. The increasing development in construction sector is driving the United Arab Emirates Transformer Market Growth. Moreover, surging population in the country backed by rising demand for electricity is driving the development of the market. Rising penetration towards adoption of electric vehicle owing to the environment concern is driving the United Arab Emirates Transformer Market Share.
According to 6Wresearch, United Arab Emirates Transformer Market size is projected to register growth during 2020-2026. Government’s increasing initiatives to shift towards the renewable power generation is one of the key factors driving the growth of market. The market in also driven by its effective mechanical strength and less failure rates. However, the health emergency caused by the outbreak of coronavirus has hindered the growth of almost every industry. Nationwide lockdown coupled with worldwide restrictions has led to the delay in upcoming projects further declined the United Arab Emirates Transformer Market Revenue.
Market Analysis by Product
On the basis of product, Distribution Transformer segment projected significant growth and is expected to lead the market during the forthcoming period as well.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following Market segments: