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Middle East & Africa High Voltage Power Transformer Market Share

  • Report ID: GMI8474
  • Published Date: Mar 2024
  • Report Format: PDF
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Middle East & Africa High Voltage Power Transformer Market Share

Company Market Share Analysis, 2023, (%)

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Siemens Energy holds a significant market share in the Middle East & Africa high voltage power transformer industry due to its advanced technology, reliability, and extensive experience in providing power solutions. Siemens Energy's innovative transformer designs and commitment to sustainable energy solutions have solidified its position as a preferred supplier for utility companies and infrastructure projects across the region.
 

Middle East & Africa High Voltage Power Transformer Market Companies

Major participants operating across the Middle East & Africa high voltage power transformer industry are:

  • ABB
  • Abaft Middle East Transformer
  • alfanar Group
  • Elsewedy Electric
  • Emirates Transformer and Switchgear Ltd
  • EUROGULF TRANSFORMERS
  • Federal Transformers Company LLC
  • General Electric
  • Hyosung Heavy Industries
  • HD HYUNDAI ELECTRIC CO., LTD.
  • Hitachi Energy Ltd
  • LS ELECTRIC Co., Ltd
  • Matelec Group
  • Mitsubishi Electric Corporation
  • SGB SMIT
  • Siemens Energy
  • The Saudi Transformer Co. Ltd.
  • Toshiba Energy Systems & Solutions Corporation
  • WEG
Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market valuation of high voltage power transformer in Middle East & Africa was reached USD 3.7 billion in 2023 and is set to expand at 7.2% CAGR from 2024 to 2032, driven by rapid urbanization, industrialization, and infrastructure development initiatives necessitating robust electricity transmission networks.

The oil immersed cooling segment accounted for more than 60% share of the Middle East & Africa high voltage power transformer market in 2023 and is poised for substantial growth through 2032 owing to efficient heat dissipation, enhanced insulation properties, and greater reliability in harsh environmental conditions prevalent in the region.

Saudi Arabia high voltage power transformer market size is anticipated to surpass USD 1.9 billion by 2032, owing to the increasing demand for electricity across the country due to industrialization and urbanization, which is fueling the need for reliable power infrastructure.

Some of the top firms engaged in the MEA high voltage power transformer industry are ABB, alfanar Group, Elsewedy Electric, Emirates Transformer and Switchgear Ltd, EUROGULF TRANSFORMERS, General Electric, Hyosung Heavy Industries, HD HYUNDAI ELECTRIC CO., LTD., Hitachi Energy Ltd, LS ELECTRIC Co., Ltd, Matelec Group, Mitsubishi Electric Corporation, Siemens Energy, The Saudi Transformer Co. Ltd., Toshiba Energy Systems & Solutions Corporation, and WEG, among others.

MEA High Voltage Power Transformer Market Scope

  • MEA High Voltage Power Transformer Market Size
  • MEA High Voltage Power Transformer Market Trends
  • MEA High Voltage Power Transformer Market Analysis
  • MEA High Voltage Power Transformer Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 19
    • Tables & Figures: 218
    • Countries covered: 6
    • Pages: 180
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