Middle East & Africa Transformers Market Outlook, 2028

Middle East & Africa Transformers Market Outlook, 2028


The Middle East and Africa (MEA) region is undergoing significant economic growth and urbanization, which is pushing up electricity demand. The transformer market has become an important component of the region's power infrastructure as nations in the region continue to engage in infrastructure development, industrialization, and the expansion of their energy sectors. The MEA transformer market includes several different types of transformers, such as power transformers, distribution transformers, and specialized transformers. These transformers are critical for stepping up or down voltage levels, providing efficient electricity transmission and distribution. The integration of renewable energy sources, particularly solar and wind power is one of the defining trends in the MEA transformer industry. Countries throughout the region have recognized the value of diversifying their energy mix and lowering their carbon footprint. As a result, there is an increasing demand for transformers capable of efficiently connecting renewable energy sources to the grid. Transformers make it possible to convert intermittent renewable energy into stable and useful electricity, ensuring a consistent power supply for users. Many nations in the MEA region are engaging in grid modernization projects to tackle the challenges of a rapidly developing energy landscape. Smart grid technologies are becoming more popular and this transition to intelligent grids needs transformers with enhanced monitoring and control capabilities. Smart transformers, also known as digital or intelligent transformers, play a crucial role in enhancing grid efficiency, reducing losses, and enabling real-time data analysis for better decision-making. Rural and remote electrification projects are altering life in the MEA region. Electricity is not just a basic necessity but also a driver of economic progress and higher living conditions. Transformers play an important role in providing electricity to neglected populations, powering agricultural efforts, and assisting rural small and medium-sized businesses. Many nations in the MEA region are rapidly industrializing. The rise of the manufacturing, mining, and petrochemical industries needs the development of a strong and dependable electrical infrastructure. Transformers, particularly those with greater voltage capacity, are critical for powering industrial facilities, machinery, and processes.

According to the research report, “Middle East & Africa Transformers Market Outlook, 2028” published by Bonafide Research, the market is projected to reach market of size of more than USD 10 Billion by 2028. Transformers, for instance, play an important role in the advancement of society in many regions of MEA by delivering electricity and light to long-isolated rural communities. This electrification campaign aims to boost local economies, enable education, and improve healthcare services, in addition to raising living standards. In MEA, transformers are also specifically made to endure harsh weather conditions, like sweltering desert heat and high humidity. They are designed to be durable, strong, and able to function flawlessly even in harsh environments, ensuring a constant and dependable power supply. Transformers functions are also changing as a result of the addition of renewable energy sources like solar and wind power to MEA's energy mix. By storing excess energy and adjusting to varying energy inputs, these transformers maintain grid stability in the face of erratic renewable power. With the development of smart transformers that allow for real-time grid monitoring and control, MEA transformers are also at the forefront of technical advancement. Utilities are using these cutting-edge transformers to optimize energy distribution, lower losses, and improve the efficiency and dependability of the power grid. Initiatives to modernize the grid are in progress in a number of MEA nations. These initiatives involve installing contemporary transformers with cutting-edge monitoring and control systems. The objective is to raise grid dependability, lower losses, and raise total energy effectiveness. As a result of these modernization initiatives, smart transformers in particular have been gaining popularity. Particularly in nations with flourishing manufacturing and petrochemical industries, the MEA region has experienced tremendous industrial growth. Transformer demand has risen as a result of the expansion of industries in order to power equipment, procedures, and industrial buildings.

Based on report market is divided in three major countries, United Arab Emirates, Saudi Arabia and South Africa. South Africa is predicted to lead the market of Middle East & Africa.

The manufacturing industry in South Africa is varied, making it one of the most developed nations in Africa. Transformers are in high demand to serve a variety of industries, including mining, the automotive, and the petrochemical sectors, as a result of this industrialization. The manufacturing industry in South Africa is varied, making it one of the most developed nations in Africa. Transformers are in high demand to serve a variety of industries, including mining, the automotive, and the petrochemical sectors, as a result of this industrialization. The energy industry in South Africa is well-established and consists of electricity production, transmission, and distribution. To transmit energy from power plants to urban and rural areas efficiently, the nation's electrical infrastructure needs a sizable number of transformers. The transformer manufacturing industry in South Africa is well-established and includes both local production and foreign firms with local operations. The nation's dominance in the market is a result of this domestic industrial capacity. Transformer and electrical supply hubs frequently operate out of South Africa. In addition to helping the wider Southern African region's electrical infrastructure improve, it exports transformers to other nations. The modernization of outdated transformers with more energy- and environmentally-friendly ones is one of the infrastructure improvement initiatives South Africa has undertaken.

Based on product type market is divided into distribution transformer, power transformer, instrument transformer and others (isolation transformers, pulse transformers, traction transformer, etc.). Among them distribution transformers segment is expected to grow at fastest rate in Middle East and Africa.

Urban areas are expanding, and the population is rising in the MEA region, which is undergoing major urbanization. In order to power homes, businesses, and industries, there is a growing need for dependable energy distribution networks. For the safe and effective distribution of energy in metropolitan areas, distribution transformers are crucial for scaling down voltage levels. Despite the noticeable trend toward urbanization, electrification of rural areas is still a top priority in many MEA nations. Increasing access to energy in rural and disadvantaged areas is a top priority for governments and utilities. Distribution transformers play a crucial role in establishing a grid connection for remote communities, enhancing quality of life, and fostering local economic growth. The main focus is on distribution transformers to increase energy efficiency in electricity distribution. The region's energy efficiency goals and sustainability programs are aligned with the use of more energy-efficient distribution transformers, which help reduce energy losses during power distribution. Upgrades and replacements are required as older distribution transformers near the end of their useful lives. The market for replacement transformers is driven by the fact that newer ones are frequently made to be more effective and ecologically friendly.

In terms of core market includes closed, shell and berry. Furthermore, based on winding market is segment into two winding and auto transformer.

High efficiency and minimal energy losses during electricity transmission and distribution are two benefits of closed-core transformers. There is a rising desire for transformers that reduce losses and help save energy in the MEA region, where energy efficiency is a major concern. This is in line with sustainability objectives and laws governing energy efficiency in several MEA nations. MEA nations are expanding their industrial and commercial sectors, which necessitates a dependable and effective power supply. Commercial buildings, industrial facilities, and other vital infrastructure can all be powered by closed-core transformers. The MEA's metropolitan and heavily populated regions often have a limited amount of room for electrical infrastructure. Compared to conventional transformers with separate main and secondary windings, auto transformers have a more compact construction. They are suitable for installations where space is at a premium due to their smaller size. Applications needing precise voltage management are a good fit for auto transformers. In locations with changing voltage levels or when voltage stability is important, such as in industrial settings, they can offer a continuous range of voltage adjustment.

Based on cooling type market include, air cooled and oil cooled. Based on phase market is bifurcated into three phase and single phase.

Transformers that are oil-cooled are renowned for having a high cooling capacity and efficiency. An effective coolant, oil effectively dissipates heat produced during the operation of the transformer. Effective cooling is crucial to ensuring the dependable performance and longevity of transformers in the hot and dry conditions of several MEA nations. Transformers that are oil-cooled are renowned for their toughness and lengthy useful lives. They are essential in areas where maintenance and replacement can be difficult due to distant locations or infrastructural limitations because they can resist temperature variations and function dependably for extended periods. The MEA region has experienced quick economic and industrial growth. Powering large machinery, industrial processes, commercial structures, and data centers requires three-phase transformers. Three-phase transformer demand is driven by the MEA's healthy industrial and commercial sectors. Due to variable loads and climatic factors, MEA countries frequently struggle with voltage stability issues. By evenly transferring power across three phases, lowering voltage fluctuations, and boosting the dependability of the electrical grid, three-phase transformers contribute to the maintenance of voltage stability. Transformers operating in three phases are renowned for their effectiveness and capacity to carry heavy loads. Due to their capacity and performance qualities, three-phase transformers are chosen in areas with variable electrical loads or for businesses that need a constant power supply.

In terms of insulation market is divided into liquid immersed, dry, gas, and solid. Furthermore in terms of mounting market include, pad and pole.

Compared to conventional oil-based insulation, solid insulation materials are frequently more environmentally benign. MEA nations are putting more emphasis on sustainability and lowering the environmental impact of their infrastructure. These objectives are in line with solid insulation because it does away with the requirement for oil, which can be hazardous to the environment if not used appropriately. Compared to oil-filled transformers, solid-insulated transformers are generally thought to require less maintenance. They don't require regular oil sampling, oil replacement, or oil monitoring, which can lower operating costs and downtime. The difficult climatic conditions that are typical in some areas of the MEA region, including high temperatures, dust, sandstorms, and humidity, may be handled by pad-mounted transformers. Their extended lifespan and durability are increased by their sturdy structure and quality insulating materials. Pad-mounted transformer installation is relatively simple, which can shorten installation time and lower installation costs. In metropolitan settings where tight building schedules are a necessity, this ease of installation is especially beneficial. The grid's ability to include renewable energy sources like solar and wind power is compatible with pad-mounted transformers. Distributed generation systems can more easily be connected to the electrical distribution network thanks to them.

Based on voltage range market is divided into up to 500 VA, 501 VA to 1 kVA, 2 kVA to 5000 kVA, 5001 kVA to 1000 MVA, and above 1000 MVA. Based on application market include, utility, industrial and residential and commercial.

The voltage range between 501 VA and 1 kVA is ideal for home and small business applications. The MEA region is experiencing continued urbanization and population growth, which is driving up demand for power in residences and small businesses. Transformers in this voltage range are often needed for these applications to step down the grid voltage to levels appropriate for residential and small-scale business use. Distributed generation, including small-scale renewable energy installations like rooftop solar panels, is gaining popularity in the MEA region. For connecting these distributed generating sources to the grid and guaranteeing effective power distribution, transformers in this voltage range are essential. In the MEA region, building factories, industrial parks, and manufacturing centers has been a popular investment in infrastructure development. Transformers are needed for these infrastructure projects in order to meet the industrial facilities' electrical power requirements. Energy-intensive industries include mining, oil and gas production, and petrochemicals. Transformers are necessary for them to efficiently convert and distribute electrical power, maintaining the consistency of operations. Automation and robotics are now more widely used in industrial processes. These cutting-edge technologies require transformers that meet specified voltage and power requirements.

Companies Covered in this report:

Siemens AG, ABB Ltd., General Electric Company, Schneider Electric SE, Eaton Corporation plc, Mitsubishi Electric Corporation, Toshiba Corporation, Hyosung Corporation , Hitachi, Ltd., The SGB-SMIT Group, Arteche Group, Kirloskar Electric Company, Elsewedy Electric Co S.A.E.

Considered in this report:

• Geography: Middle East & Africa
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:

• Middle East & Africa Transformers market Outlook with its value and forecast along with its segments
• Country-wise Transformers market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Country covered in the report:

• United Arab Emirates
• Saudi Arabia
• South Africa

By Product Type:

• Distribution Transformer
• Power Transformer
• Instrument Transformer
• Others (Isolation Transformers, Pulse Transformers, Traction Transformer, etc.)

By Core:

• Closed
• Shell
• Berry

By Winding:

• Two Winding
• Auto Transformer

By Cooling Type:

• Air Cooled
• Oil Cooled

By Phase:

• Three Phase
• Single Phase

By Insulation:

• Liquid Immersed
• Dry
• Gas
• Solid

By Mounting:

• Pad
• Pole

By Voltage Range:

• Up to 500 VA
• 501 VA to 1 kVA
• 2 kVA to 5000 kVA
• 5001 kVA to 1000 MVA
• Above 1000 MVA

By Application:

• Utility
• Industrial
• Residential and Commercial

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience:

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Transformers industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.


***Please Note:It will take 48 hours (2 Business days) for delivery of the report upon order confirmation.


1. Executive Summary
2. Research Methodology
2.1. Secondary Research
2.2. Primary Data Collection
2.3. Market Formation & Validation
2.4. Report Writing, Quality Check & Delivery
3. Market Structure
3.1. Market Considerate
3.2. Assumptions
3.3. Limitations
3.4. Abbreviations
3.5. Sources
3.6. Definitions
4. Economic /Demographic Snapshot
5. Global Transformers Market Outlook
5.1. Market Size By Value
5.2. Market Share By Region
5.3. Market Size and Forecast, By Product Type
5.4. Market Size and Forecast, By Core
5.5. Market Size and Forecast, By Winding
5.6. Market Size and Forecast, By Cooling Type
5.7. Market Size and Forecast, By Phase
5.8. Market Size and Forecast, By Insulation
5.9. Market Size and Forecast, By Mounting
5.10. Market Size and Forecast, By Voltage Range
5.11. Market Size and Forecast, By Application
6. Middle East & Africa Transformers Market Outlook
6.1. Market Size By Value
6.2. Market Share By Country
6.3. Market Size and Forecast, By Product Type
6.4. Market Size and Forecast, By Core
6.5. Market Size and Forecast, By Winding
6.6. Market Size and Forecast, By Cooling Type
6.7. Market Size and Forecast, By Phase
6.8. Market Size and Forecast, By Insulation
6.9. Market Size and Forecast, By Mounting
6.10. Market Size and Forecast, By Voltage Range
6.11. Market Size and Forecast, By Application
7. Market Dynamics
7.1. Market Drivers & Opportunities
7.2. Market Restraints & Challenges
7.3. Market Trends
7.4. Covid-19 Effect
7.5. Supply chain Analysis
7.6. Policy & Regulatory Framework
7.7. Industry Experts Views
7.8. UAE Transformers Market Outlook
7.8.1. Market Size By Value
7.8.2. Market Size and Forecast By Product Type
7.8.3. Market Size and Forecast By Phase
7.8.4. Market Size and Forecast By Application
7.9. Saudi Arabia Transformers Market Outlook
7.9.1. Market Size By Value
7.9.2. Market Size and Forecast By Product Type
7.9.3. Market Size and Forecast By Phase
7.9.4. Market Size and Forecast By Application
7.10. South Africa Transformers Market Outlook
7.10.1. Market Size By Value
7.10.2. Market Size and Forecast By Product Type
7.10.3. Market Size and Forecast By Phase
7.10.4. Market Size and Forecast By Application
8. Competitive Landscape
8.1. Competitive Dashboard
8.2. Business Strategies Adopted by Key Players
8.3. Key Players Market Share Insights and Analysis, 2022
8.4. Key Players Market Positioning Matrix
8.5. Porter's Five Forces
8.6. Company Profile
8.6.1. Siemens AG
8.6.1.1. Company Snapshot
8.6.1.2. Company Overview
8.6.1.3. Financial Highlights
8.6.1.4. Geographic Insights
8.6.1.5. Business Segment & Performance
8.6.1.6. Product Portfolio
8.6.1.7. Key Executives
8.6.1.8. Strategic Moves & Developments
8.6.2. ABB Ltd.
8.6.3. General Electric Company
8.6.4. Schneider Electric SE
8.6.5. Eaton Corporation plc
8.6.6. Mitsubishi Electric Corporation
8.6.7. Toshiba Corporation
8.6.8. Hyosung Corporation
8.6.9. Hitachi, Ltd.
8.6.10. The SGB-SMIT Group
8.6.11. Arteche Group
8.6.12. Kirloskar Electric Company
8.6.13. Elsewedy Electric Co S.A.E.
9. Strategic Recommendations
10. Annexure
10.1. FAQ`s
10.2. Notes
10.3. Related Reports
11. Disclaimer
List of Figures
Figure 1: Global Transformers Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Transformers Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Transformers Market Share By Region (2022)
Figure 6: Middle East & Africa Transformers Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Middle East & Africa Transformers Market Share By Country (2022)
Figure 8: UAE Transformers Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: Saudi Arabia Transformers Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: South Africa Transformers Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Competitive Dashboard of top 5 players, 2022
Figure 12: Porter's Five Forces of Middle East & Africa Transformers Market
List of Table
Table 1: Global Transformers Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Economic Snapshot of Other Prominent Countries 2020
Table 4: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 5: Global Transformers Market Size and Forecast, By Product Type (2017 to 2028F) (In USD Billion)
Table 6: Global Transformers Market Size and Forecast, By Core (2017 to 2028F) (In USD Billion)
Table 7: Global Transformers Market Size and Forecast, By Winding (2017 to 2028F) (In USD Billion)
Table 8: Global Transformers Market Size and Forecast, By Cooling Type (2017 to 2028F) (In USD Billion)
Table 9: Global Transformers Market Size and Forecast, By Phase (2017 to 2028F) (In USD Billion)
Table 10: Global Transformers Market Size and Forecast, By Insulation (2017 to 2028F) (In USD Billion)
Table 11: Global Transformers Market Size and Forecast, By Mounting (2017 to 2028F) (In USD Billion)
Table 12: Global Transformers Market Size and Forecast, By Voltage Range (2017 to 2028F) (In USD Billion)
Table 13: Global Transformers Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 14: Middle East & Africa Transformers Market Size and Forecast, By Product Type (2017 to 2028F) (In USD Billion)
Table 15: Middle East & Africa Transformers Market Size and Forecast, By Core (2017 to 2028F) (In USD Billion)
Table 16: Middle East & Africa Transformers Market Size and Forecast, By Winding (2017 to 2028F) (In USD Billion)
Table 17: Middle East & Africa Transformers Market Size and Forecast, By Cooling Type (2017 to 2028F) (In USD Billion)
Table 18: Middle East & Africa Transformers Market Size and Forecast, By Phase (2017 to 2028F) (In USD Billion)
Table 19: Middle East & Africa Transformers Market Size and Forecast, By Insulation (2017 to 2028F) (In USD Billion)
Table 20: Middle East & Africa Transformers Market Size and Forecast, By Mounting (2017 to 2028F) (In USD Billion)
Table 21: Middle East & Africa Transformers Market Size and Forecast, By Voltage Range (2017 to 2028F) (In USD Billion)
Table 22: Middle East & Africa Transformers Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 23: Influencing Factors for Transformers Market, 2022
Table 24: United Arab Emirates Transformers Market Size and Forecast By Product Type (2017 to 2028F) (In USD Billion)
Table 25: United Arab Emirates Transformers Market Size and Forecast By Phase (2017 to 2028F) (In USD Billion)
Table 26: United Arab Emirates Transformers Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 27: Saudi Arabia Transformers Market Size and Forecast By Product Type (2017 to 2028F) (In USD Billion)
Table 28: Saudi Arabia Transformers Market Size and Forecast By Phase (2017 to 2028F) (In USD Billion)
Table 29: Saudi Arabia Transformers Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 30: South Africa Transformers Market Size and Forecast By Product Type (2017 to 2028F) (In USD Billion)
Table 31: South Africa Transformers Market Size and Forecast By Phase (2017 to 2028F) (In USD Billion)
Table 32: South Africa Transformers Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)

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