The distribution transformer Market in the Middle East will reach 3.59 billion US dollars by 2022
Writer: Hengfeng you electric Time:2023-04-18 views:times
The distribution transformer Market in the Middle East will reach 3.59 billion US dollars by 2022
The latest research by "grand view research", a leading research organization in the United States, shows that the replacement of power distribution transformers and the increase in the adoption of smart grid and smart transformers have promoted the development of the global power distribution transformer market. As one of the top ten countries in the world in terms of per capita electricity consumption, According to the statistics of the distribution transformer Market in the Middle East in 2015, the amount is 2.75 billion US dollars, and it is estimated that the market scale of the Middle East distribution transformer will reach 3.59 billion US dollars by 2022.
At present, the main countries in the Middle East are: the United Arab Emirates, the kingdom of Saudi Arabia, Kuwait, Iraq, Oman, Iran, Egypt and other countries. Due to the heat and high power consumption in the Middle East, the distribution of buildings is basically distributed. The market of small and medium-sized distribution transformers is expected to grow significantly, while the market of large main transformers is expected to show moderate growth in the next decade.