Saudi Arabia Power & Distribution Transformers Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,500	75 Pages	TechSci Research	September, 2023	TCSI18181443

Best Price Guarantee
Price	from $3,500
Length	75 Pages
Publisher	TechSci Research
Published Date	September, 2023
SKU	TCSI18181443

Saudi Arabia Power & Distribution Transformers Market by Type (Power Transformer & Distribution Transformer), By Rating (Upto 100 kVA, 100.1-500kVA, 500.1-1000kVA, 1000.1-5000kVA, 5.1-100MVA, 100.1-500MVA, and Above 500MVA), By Cooling System (Dry Type and Liquid Type), By Applications (Power Utilities and Industrial), By Region, Competition Forecast & Opportunities, 2018-2028

Saudi Arabia Power & Distribution market is anticipated to grow at a robust CAGR during the forecast period as upgrade of existing infrastructure in order to adopt smart technologies for the upcoming Saudi Vision 2030 are the major factors.

A transformer is a device that transfers electrical energy from one AC circuit to one or more other circuits by increasing (boosting) or decreasing (decreasing) the voltage. A transformer is basically a voltage control device used in the transmission and distribution of AC power.

Rapid population growth has significantly boosted the demand for electricity, thereby boosting the market. Smart grid installations require timely, two-way components, and communications that use similar functions to track various system parameters together. This could also stimulate demand for interactive communication with advanced products. However, the replacement of durable legacy components could hinder the growth of the industry over the next seven years. The need to track electricity consumption can drive adoption of alternative energy sources. Integrating traditional backup and alternative power sources will require smart grid deployment, which is expected to boost industry growth in the future.

Rise in demand for Power & Distribution fuel the growth of the market

The modern world requires a continuous and safe flow of electricity in homes and businesses. A combination of power transformers and distribution transformers can bring power anywhere. Power transformers receive electricity at very high voltages. Transformers step down power to lower voltage levels that can be distributed to individual residential or commercial units via distribution transformers. Lower voltages (or higher currents) are more suitable for everyday electronics functions.

Increasing investment in renewable energy systems is expected to be the major driver of the transformer market during the forecast period. The country has invested heavily in renewable energy in recent years to move away from generating electricity from traditional energy sources such as oil and natural gas. Under Vision 2030, Saudi Arabia aims to develop significant renewable energy potential by reducing its dependence on oil revenues, diversifying its energy mix, and increasing the share of solar energy. Saudi Arabia has set new renewable targets to develop and install 27.3 GW of clean energy by 2024 and 58.7 GW by 2030 out of which 40 GW will be for solar power.

Market Segmentation

Saudi Arabia Power & Distribution Transformers market is bifurcated based on Type, Rating, Cooling System, Applications. Based on type, the market is bifurcated into power transformer & distribution transformer. Based on rating, the market is bifurcated into Upto 100 kVA, 100.1-500kVA, 500.1-1000kVA, 1000.1-5000kVA, 5.1-100MVA, 100.1-500MVA, and above 500MVA). Based on cooling system, the market is bifurcated into dry type and liquid type. Based on applications, the market is bifurcated into power utilities and industrial.

Market player

Major market players in the Saudi Arabia Power & Distribution Transformers market are ABB Ltd., General Electric Company, Siemens Ltd., Schneider Electric SE, Alfanar Company Ltd., United Transformers Electric Company, Wahah Electric Supply Company of Saudi Arabia Ltd., Arabian Transformer Co., The Saudi Transformers Company Ltd., Hyundai Electric & Energy Systems Co., Ltd.

Report Scope:

In this report, Saudi Arabia Power & Distribution Transformers Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Saudi Arabia Power & Distribution Transformers Market, By Type:
Power Transformer
Distribution Transformers
Saudi Arabia Power & Distribution Transformers Market, By Rating:
Upto 100 kVA
100.1-500kVA
500.1-1000kVA
1000.1-5000kVA
5.1-100MVA
100.1-500MVA
Above 500MVA
Saudi Arabia Power & Distribution Transformers Market, By Cooling:
Dry Type
Liquid Type
Saudi Arabia Power & Distribution Transformers Market, By Applications:
Power Utilities
Industrial
Saudi Arabia Power & Distribution Transformers Market, By Region:
Riyadh
Makkah
Eastern Province
Rest of Saudi Arabia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Power & Distribution Transformers market.

Saudi Arabia Power & Distribution Transformers market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights

1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Saudi Arabia Power & Distribution Transformers Market
5. Voice of Customers
6. Saudi Arabia Power & Distribution Transformers Market Outlook: 6.1. Market Size & Forecast; 6.1.1. By Value; 6.2. Market Share & Forecast; 6.2.1. By Type (Power Transformer & Distribution Transformer); 6.2.2. By Rating (upto 100 kVA, 100.1-500kVA, 500.1-1000kVA, 1000.1-5000kVA, 5.1-100MVA, 100.1-500MVA, Above 500MVA); 6.2.3. By Cooling System (Dry Type, Liquid Type); 6.2.4. By Applications (Power Utilities, Industrial); 6.2.5. By Region; 6.3. By Company; 6.4. Market Map
7. Riyadh Power & Distribution Transformers Market Outlook: 7.1. Market Size & Forecast; 7.1.1. By Value; 7.2. Market Share & Forecast; 7.2.1. By Type; 7.2.2. By Rating; 7.2.3. By Cooling System; 7.2.4. By Applications
8. Makkah Power & Distribution Transformers Market Outlook: 8.1. Market Size & Forecast; 8.1.1. By Value; 8.2. Market Share & Forecast; 8.2.1. By Type; 8.2.2. By Rating; 8.2.3. By Cooling System; 8.2.4. By Applications
9. Eastern Province Power & Distribution Transformers Market Outlook: 9.1. Market Size & Forecast; 9.1.1. By Value; 9.2. Market Share & Forecast; 9.2.1. By Type; 9.2.2. By Rating; 9.2.3. By Cooling System; 9.2.4. By Applications
10. Market Dynamics: 10.1. Drivers; 10.2. Challenges
11. Market Trends & Developments
12. Saudi Arabia Economic Profile
13. Company Profiles: 13.1. ABB Ltd.; 13.1.1. Business Overview; 13.1.2. Key Revenue and Financials (If available); 13.1.3. Recent Developments; 13.1.4. Key Personnel; 13.1.5. Key Product/Services; 13.2. General Electric Company; 13.2.1. Business Overview; 13.2.2. Key Revenue and Financials (If available); 13.2.3. Recent Developments; 13.2.4. Key Personnel; 13.2.5. Key Product/Services; 13.3. Siemens Ltd.; 13.3.1. Business Overview; 13.3.2. Key Revenue and Financials (If available); 13.3.3. Recent Developments; 13.3.4. Key Personnel; 13.3.5. Key Product/Services; 13.4. Schneider Electric SE; 13.4.1. Business Overview; 13.4.2. Key Revenue and Financials (If available); 13.4.3. Recent Developments; 13.4.4. Key Personnel; 13.4.5. Key Product/Services; 13.5. Alfanar Company Ltd.; 13.5.1. Business Overview; 13.5.2. Key Revenue and Financials (If available); 13.5.3. Recent Developments; 13.5.4. Key Personnel; 13.5.5. Key Product/Services; 13.6. United Transformers Electric Company; 13.6.1. Business Overview; 13.6.2. Key Revenue and Financials (If available); 13.6.3. Recent Developments; 13.6.4. Key Personnel; 13.6.5. Key Product/Services; 13.7. Wahah Electric Supply Company of Saudi Arabia Ltd.; 13.7.1. Business Overview; 13.7.2. Key Revenue and Financials (If available); 13.7.3. Recent Developments; 13.7.4. Key Personnel; 13.7.5. Key Product/Services; 13.8. Arabian Transformer Co.; 13.8.1. Business Overview; 13.8.2. Key Revenue and Financials (If available); 13.8.3. Recent Developments; 13.8.4. Key Personnel; 13.8.5. Key Product/Services; 13.9. The Saudi Transformers Company Ltd.; 13.9.1. Business Overview; 13.9.2. Key Revenue and Financials (If available); 13.9.3. Recent Developments; 13.9.4. Key Personnel; 13.9.5. Key Product/Services; 13.10. Hyundai Electric & Energy Systems Co., Ltd.; 13.10.1. Business Overview; 13.10.2. Key Revenue and Financials (If available); 13.10.3. Recent Developments; 13.10.4. Key Personnel; 13.10.5. Key Product/Services
14. Strategic Recommendations
15. About Us & Disclaimer