© 2016 Global Market Insights, Inc. USA. All Rights Reserved Middle East Distribution Transformer Market Price, Packaging Trends, Industry Outlook & Forecast

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Growing demand for alternative energy and rising cost of generating electricity has led to transformation of conventional electric grid to smart grid. These products are a hub for collection and distribution of energy and a key component of successful transition to smart grid. There exists increased focus on renewable power sources such as solar and wind energy owing to limited availability of non-renewable sources. Integration of both renewable and non-renewable power source requires smart grid, which may drive Middle East distribution transformer market size over the next seven years.transformation  Medium distribution transformer market was valued at over USD 1.2 billion in 2015 and is anticipated to witness the highest growth over the forecast timeline. This can be credited to swift implementation of these devices in the countryside or low-density populated areas to step down three-phase high voltage to low voltage for energy distribution. Rising copper prices is forecast to increase adoption owing to the use of less number of conductors in this product type. In addition, rising demand across plants and facilities with high power requirements such as data centers may also fuel product demand significantly. Global Market Scenario of Furfural Industry

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Small distribution transformer market size is anticipated to grow at 3.9% CAGR from 2016 to Rising implementation of these off-load tap changers equipped devices in indoor as well as outdoor applications may propel the industry demand. Furthermore, high cost-efficiency offered for low population density networks may further catalyze demand, over the forecast period.  Reasons to Buy This Report: 1. Middle East Distribution Transformer Market size & share forecast by product & application, Growth drivers, pitfalls & industry challenges 3. Middle East Distribution Transformer Market growth opportunities & emerging business models 4. Competitive benchmarking with market share analysis and company profiles  Liquid filled technology distribution transformer market share accounted for more than 75% of the regional revenue in 2015 and is anticipated to grow at 4.0% CAGR from 2016 to Growth in the segment can be attributed to numerous features offered such as highly cost efficiency and compact size. Dry type devices are preferred in applications where fire safety is of significant importance, for instance, mining sites, underground substations, marine, and other industrial applications.  Increasing adoption across centralized chilling or generating plants, large footprint warehouses and high-rise buildings is estimated to offer avenues for growth. Several benefits offered including long feeder lines, reduced cable size and length, and increased usable footage area may also catapult growth significantly over the coming years. Continue…

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