Middle East Power & Distribution Transformer Market 2017-2023: Forecast By Type, Power Rating, Cooling System, Applications, Countries and Competitive Landscape – Research and Markets

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 Research
and Markets' offering.

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

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, and expansion of power
infrastructure would also surge the transformer market over the next six
years.

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.

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

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/j8v2r8/middle_east_power

View source version on businesswire.com: http://www.businesswire.com/news/home/20171201005672/en/

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