Growing Energy Demand: A Catalyst for the Middle East Distribution Transformer Market

by May 21, 2024

  • Several factors drive the Middle East’s energy demand. Rapid urbanization, substantial investments in infrastructure, industrialization, heightened emphasis on renewable energy (RE), and population growth are leading to an increased need for electricity.
  • Distribution transformers play a crucial role in meeting this rising energy demand. They are essential components of the electrical grid, responsible for stepping down high-voltage electricity from power plants to a voltage level suitable for end-users. With the surge in energy consumption, the need for these transformers is also escalating.
  • This infographic will explore the current landscape of the MEA distribution transformer market and the intricate dynamics of the Middle East’s escalating energy demand through major developments in key ME countries.

Overview of the Current MEA Distribution Transformers Market

  • The Middle East and Africa market in terms of revenue is projected to grow with a CAGR of 6% by 2028.
  • Oil-type transformer markets dominate the MEA with 92% of the revenue share.
  • Egypt, KSA, and South Africa are the top three markets in the region.

Key Growth Drivers

Infrastructure Development – Primary Cause of
Increased Energy Demand

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