Middle East Power & Distribution Transformer Market 2017-2023: Major Global Events will Push the Market to Reach $1.6 Billion

Dublin, Jan. 18, 2018 (GLOBE NEWSWIRE) -- The "Middle East Power & Distribution Transformer Market (2017-2023): Forecast By Type, Power Rating, Cooling System, Applications, Countries and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Middle East Power & Distribution Transformer Market is projected to reach $1.6 billion by 2023.

Increasing construction activities, establishment of business hubs & industries and infrastructure development have resulted in the development of power infrastructure, which have amplified the demand for transformers across all Middle Eastern region. Further, global events such as Dubai World Expo 2020, Qatar FIFA World Cup 2022, National Development Plans and economic diversification, expansion of power infrastructure would also surge the transformer market over the next six years.

UAE, Saudi Arabia and Kuwait government are taking major steps to strengthen the non-oil sectors due to recent decline in crude oil prices, which have adversely affected the market during the last 3 years. With expected recovery of crude oil prices and increase in public infrastructure development for next 5 years, the market would rebound during the forecast period.

Distribution transformers captured leading volume share in the overall market pie and is also expected to register growth during the forecast period due to growing power demand in residential and construction sectors. Upcoming mega projects such as Lusail city, railway network expansion and economic cities would also drive the Power & Distribution Transformer Market. Key players in the Middle East Power & Distribution Transformer Market include ABB, GE, Hyundai, Siemens, Emirates Transformers & Switchgears, Saudi Transformers Company.

The report thoroughly covers the Power & Distribution Transformer Market by types, power rating, cooling system, applications and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Markets Covered

The report provides detailed analysis of the following market segments:

• By Types:
  • Power Transformer
  • Distribution Transformer
• By Power Ratings:
  • Distribution Transformer
    • Up to 315 KVA
    • 315.1 KVA - 5 MVA
  • Power Transformer
    • 5.1 MVA - 50 MVA
    • Above 50 MVA
• By Cooling System:
  • Dry Type
  • Liquid Type
• By Applications:
  • Power Utilities
  • Industrial
• By Countries:
  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Bahrain
  • Oman
  • Turkey
  • Iran
  • Jordan
  • Lebanon
  • Others

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Global Power & Distribution Transformer Market Overview

4. Middle East Power & Distribution Transformer Market Overview

5. Middle East Power & Distribution Transformer Market Dynamics

6. Middle East Power & Distribution Transformer Market Trends

7. Saudi Arabia Power & Distribution Transformer Market Overview

8. UAE Power & Distribution Transformer Market Overview

9. Bahrain Power & Distribution Transformer Market Overview

10. Oman Power & Distribution Transformer Market Overview

11. Kuwait Power & Distribution Transformer Market Overview

12. Qatar Power & Distribution Transformer Market Overview

13. Jordan Power & Distribution Transformer Market Overview

14. Lebanon Power & Distribution Transformer Market Overview

15. Turkey Power & Distribution Transformer Market Overview

16. Iran Power & Distribution Transformer Market Overview

17. Rest of Middle East Power & Distribution Transformer Market Overview

18. Middle East Power & Distribution Transformer Market Opportunity Assessment

19. Middle East Power & Distribution Transformer Market Import Scenario

20. Competitive Landscape

21. Company Profiles

22. Strategic Recommendations

Companies Mentioned

• ABB Ltd.
• AL Jizzi Transformers And Switchgears Co. LLC
• Emirates Transformer & Switchgear Ltd.
• Federal Power Transformers LLC
• General Electric Company
• Hyundai Electric & Energy Systems Co. Ltd.
• Intact Controls Transformer Industries LLC
• Siemens AG
• The Saudi Transformers Company Ltd.
• Toshiba Corporation
• United Transformers Electric Company

For more information about this report visit https://www.researchandmarkets.com/research/2h4ksv/middle_east_power?w=12

                    
                    
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