GCC smart transformers market is
expected to witness formidable growth during the forecast period on account of increasing
power demand and increasing importance on alternative energy production in the
region. Moreover, increasing investments in smart grids and energy systems, and
revamping of old T&D infrastructure are expected to drive the smart
transformers market in the region over the coming years.
GCC smart transformers is segmented based
on type, component, application and country. At the regional level, the market
is segmented into UAE, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. Out of
these, UAE is anticipated to continue its dominance during the forthcoming
years on account of increasing energy demand in the country.
Some of the major key players operating in GCC smart
transformers include ABB Group, Schneider Electric, Siemens AG, Eaton
Corporation plc, Wilson Transformer Company Pty Ltd., Mitsubishi Electric
Corporation, General Electric, Gridco, SPX Transformer Solutions, Howard
Industries, Inc., Bharat Heavy Electricals Limited.
Objective of the Study:
·
To analyze and forecast the market size of smart transformers in terms
of value.
·
To classify and forecast global smart transformers based on type,
components, application and country wise distribution.
·
To identify drivers and challenges for GCC smart transformers market.
·
To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in GCC smart transformers.
·
To identify and analyze the profile of leading players involved in the
manufacturing of smart transformers.
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TechSci Research performed primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of smart transformers manufacturers globally. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research was able to include vendors
and service providers that could not be identified due to the limitations of
secondary research. TechSci Research analyzed product offerings, application,
distribution channel and regional presence of all major smart transformers manufacturers
across GCC.
TechSci
Research calculated the market size of smart transformers market using a
bottom-up approach, where data for various end-user segments were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through
analyzing historical data of these product types and applications for getting
an appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target
Audience:
- Smart
transformers manufacturers, suppliers and distributors
- Government
bodies such as regulating authorities and policy makers
·
Organizations, forums and alliances related to smart transformers market
- Market
research and consulting firms
The study is useful in providing answers to several
critical questions that are important for industry stakeholders such as smart transformers manufacturers,
customers and policy makers. The study would also help them to target
the growing segments over the coming years (next two to five years), thereby aiding
the stakeholders in taking investment decisions and facilitating their
expansion.
|
Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historic Data
|
2017 – 2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023 – 2027
|
|
Quantitative Units
|
Revenue in USD Million, Volume in
Units and CAGR for 2017-2021 and 2022E-2027F
|
|
Report coverage
|
Revenue forecast, volume forecast,
company share, competitive landscape, growth factors, and trends
|
|
Segments covered
|
·
Type
·
Component
·
Application
|
|
Country scope
|
UAE; Bahrain; Saudi Arabia; Oman; Qatar;
Kuwait
|
|
Key companies profiled
|
ABB Group,
Schneider Electric, Siemens AG, Eaton Corporation plc, Wilson Transformer
Company Pty Ltd., Mitsubishi Electric Corporation, General Electric, Gridco,
SPX Transformer Solutions, Howard Industries, Inc., Bharat Heavy Electricals
Limited.
|
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to country, & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to
meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, GCC smart transformers has been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
- GCC Smart Transformers Market, by Type:
- Power Transformers
- Distribution Transformers
- Specialty Transformers
- Instrument Transformers
- GCC Smart Transformers Market, by Component:
- Converters
- Switches
- Transformers
- Hardware for Transformer Monitoring
- Others
- GCC Smart Transformers Market, by
Application:
- Traction Locomotive
- Electric Vehicle Charging
- Smart Grid
- Others
- GCC Smart Transformers Market, by
Country:
o UAE
o Bahrain
o Saudi Arabia
o Oman
o Qatar
o Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in smart transformers.
Available Customizations:
With the given market data, TechSci 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 (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]