Market by Type, Technology, Phase, Voltage, End-user, and Country | Forecast 2021-2028
Triton’s research report
determines the dry type transformer market in the Middle East and Africa to
witness growth at a compound annual growth rate of 6.37% during the projected
years 2021-2028.
Report scope can be customized per your requirements. Request For Customization
The countries considered for
analysis in this market are:
• The United Arab Emirates
• Turkey
• South Africa
• Saudi Arabia
• Rest of Middle East & Africa
In the region, the UAE has
become a pioneer with the launch of its Energy Strategy 2050. Under this
initiative, the country plans to incorporate a large number of clean energy
resources to generate electricity to meet future energy requirements.
Additionally, the country’s ministry of energy is considering to tender a
significant amount of megawatt of renewable-based mega projects each year to
meet the energy targets. Besides, the government aims to invest a substantial
amount in the renewable energy sector to avert the country’s reliance on
subsidized natural gas power. This increase in the integration of renewable
projects in the power sector and surge in infrastructure projects will increase
the need for T&D infrastructure upgradation, surging the demand for dry
type transformers. Hence, these factors are likely to augment the dry type
transformer market’s growth within the country.
On the other hand, Saudi
Arabia depends heavily on liquid petroleum to generate a significant amount of
its electricity. Over the years, the electricity demand has surged
significantly, owing to the rising in population, growth in construction
activities, and industrialization. Additionally, under the Saudi Vision 2030,
the country has announced its plans to initiate several large-scale
infrastructure projects to attract tourists. This will increase the need for
electricity, influencing the demand for dry type transformers. Thus, such
development may positively impact the dry type transformer market across Saudi
Arabia.
Hanley Energy GCC is involved
in designing, developing, supplying, and installing critical power and energy
management solutions. Its product portfolio includes cast resin transformers,
Powerlink software, and other products. Besides, the company offers dry type transformers
based on cast resin technology as per the customer specifications. Hanley has
operations in various regions, including the Middle East and Africa region.
1. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. KEY INSIGHTS
2.1.1. INCREASING
POPULARITY OF BIO-BASED AND NAPHTHENIC TRANSFORMER OIL
2.1.2. DETERIORATION
OF TRANSFORMER OIL DUE TO MOISTURE INGRESS
2.2. IMPACT
OF COVID-19 ON DRY TYPE TRANSFORMER MARKET
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS MATRIX
2.5. REGULATORY
POLICIES & FRAMEWORK
2.6. VENDOR
SCORECARD
2.7. KEY
MARKET STRATEGIES
2.7.1. CONTRACTS
& PARTNERSHIPS
2.7.2. ACQUISITIONS
& MERGERS
2.7.3. NEW PRODUCT
LAUNCHES
2.8. MARKET
DRIVERS
2.8.1. SURGE
IN DOMESTIC DEMAND FOR POWER
2.8.2. GROWTH
IN RENEWABLE ENERGY USE
2.8.3. INCREASING
ADOPTION OF SMART GRID AND GROWING SMART DISTRIBUTION NETWORK
2.9. MARKET
CHALLENGES
2.9.1. ADOPTION
OF SOLID-STATE TRANSFORMERS
2.9.2. LIMITATIONS
OF DRY TYPE TRANSFORMERS
2.10. MARKET
OPPORTUNITIES
2.10.1. 3D
CORE DRY TYPE TRANSFORMER APPLICATIONS
2.10.2. DEVELOPMENT
OF DIGITAL DRY TRANSFORMERS
2.10.3. INCREASING
ELECTRIFICATION RATE IN AFRICA
3. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - BY TYPE
3.1. DRY
TYPE CONVERTER TRANSFORMER
3.2. DRY
TYPE RECTIFIER TRANSFORMER
4. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - BY TECHNOLOGY
4.1. CAST
RESIN
4.2. VACUUM
PRESSURE IMPREGNATED
5. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - BY PHASE
5.1. SINGLE-PHASE
5.2. THREE-PHASE
6. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - BY VOLTAGE
6.1. LOW-VOLTAGE
6.2. MEDIUM-VOLTAGE
7. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET - BY END-USER
7.1. INDUSTRIAL
7.1.1. MARINE
7.1.2. CHEMICAL
7.1.3. OIL
AND GAS
7.1.4. RENEWABLE
ENERGY GENERATION
7.1.5. RAILWAY
7.1.6. OTHERS
7.2. COMMERCIAL
7.3. OTHERS
8. MIDDLE
EAST AND AFRICA DRY TYPE TRANSFORMER MARKET – REGIONAL OUTLOOK
8.1. COUNTRY
ANALYSIS
8.1.1. UNITED
ARAB EMIRATES
8.1.2. TURKEY
8.1.3. SAUDI
ARABIA
8.1.4. SOUTH
AFRICA
8.1.5. REST
OF MIDDLE EAST & AFRICA
9. COMPETITIVE
LANDSCAPE
9.1. ABB
LTD
9.2. BHARAT
HEAVY ELECTRICALS LTD
9.3. CROMPTON
GREAVES LIMITED
9.4. EATON
CORPORATION PLC
9.5. FUJI
ELECTRIC CO LTD
9.6. GENERAL
ELECTRIC COMPANY
9.7. HAMMOND
POWER SOLUTIONS INC
9.8. HANLEY
ENERGY GCC
9.9. HITACHI
LTD
9.10. HYOSUNG
HEAVY INDUSTRIES
9.11. HYUNDAI
HEAVY INDUSTRIES CO LTD
9.12. KIRLOSKAR
ELECTRIC CO LTD
9.13. POWER
SP Z O O
9.14. SCHNEIDER
ELECTRIC
9.15. SIEMENS
AG
9.16. TBEA
CO LTD
9.17. VOLTAMP
TRANSFORMERS LTD
9.18. WEG
GROUP
9.19. HYUNDAI
HEAVY INDUSTRIES CO LTD
10. METHODOLOGY
& SCOPE
10.1. RESEARCH
SCOPE & DELIVERABLES
10.2. SOURCES
OF DATA
10.3. RESEARCH
METHODOLOGY
TABLE 1: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $
MILLION)
TABLE 2: MARKET ATTRACTIVENESS
MATRIX
TABLE 3: VENDOR SCORECARD
TABLE 4: LIST OF CONTRACTS
& PARTNERSHIPS
TABLE 5: LIST OF ACQUISITIONS
& MERGERS
TABLE 6: LIST OF NEW PRODUCT
LAUNCHES
TABLE 7: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY TYPE, 2021-2028 (IN $ MILLION)
TABLE 8: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)
TABLE 9: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY PHASE, 2021-2028 (IN $ MILLION)
TABLE 10: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2021-2028 (IN $ MILLION)
TABLE 11: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY END-USER, 2021-2028 (IN $ MILLION)
TABLE 12: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)
TABLE 13: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY COUNTRY OUTLOOK, 2021-2028 (IN $
MILLION)
FIGURE 1: PORTER’S FIVE FORCES
ANALYSIS
FIGURE 2: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY TYPE, 2020 & 2028 (IN %)
FIGURE 3: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY DRY TYPE CONVERTER TRANSFORMER,
2021-2028 (IN $ MILLION)
FIGURE 4: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY DRY TYPE RECTIFIER TRANSFORMER,
2021-2028 (IN $ MILLION)
FIGURE 5: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)
FIGURE 6: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY CAST RESIN, 2021-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY VACUUM PRESSURE IMPREGNATED, 2021-2028
(IN $ MILLION)
FIGURE 8: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY PHASE, 2020 & 2028 (IN %)
FIGURE 9: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY SINGLE-PHASE, 2021-2028 (IN $ MILLION)
FIGURE 10: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY THREE-PHASE, 2021-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY VOLTAGE, 2020 & 2028 (IN %)
FIGURE 12: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY LOW-VOLTAGE, 2021-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY MEDIUM-VOLTAGE, 2021-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY END-USER, 2020 & 2028 (IN %)
FIGURE 15: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY INDUSTRIAL, 2021-2028 (IN $ MILLION)
FIGURE 16: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY MARINE, 2021-2028 (IN $ MILLION)
FIGURE 17: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY CHEMICAL, 2021-2028 (IN $ MILLION)
FIGURE 18: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY OIL AND GAS, 2021-2028 (IN $ MILLION)
FIGURE 19: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY RENEWABLE ENERGY GENERATION, 2021-2028
(IN $ MILLION)
FIGURE 20: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY RAILWAY, 2021-2028 (IN $ MILLION)
FIGURE 21: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 22: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY COMMERCIAL, 2021-2028 (IN $ MILLION)
FIGURE 23: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 24: MIDDLE EAST AND
AFRICA DRY TYPE TRANSFORMER MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 25: UNITED ARAB
EMIRATES DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 26: TURKEY DRY TYPE
TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 27: SAUDI ARABIA DRY
TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 28: SOUTH AFRICA DRY
TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)
FIGURE 29: REST OF MIDDLE EAST
& AFRICA DRY TYPE TRANSFORMER MARKET 2021-2028 (IN $ MILLION)