Egypt Distribution Transformer Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
Egypt Distribution Transformer Market Overview
The distribution transformer is defined as a transformer that offers the final voltage transformation in the electric power distribution system, thus stepping down the voltage that is used in the distribution lines to the level used by an individual. One of the major functions of the distribution transformer is to alter the high voltage to the normal voltage like 240/120 V to use in electric power transmission. There are basically various types of distribution transformer available in the market: single-phase, 3-phrase, underground, pad-mounted, pole-mounted transformer.
To have an edge over the competition by knowing the market dynamics and current trends of “Egypt Distribution Transformer Market,” request for Sample Report here
Major Egypt Distribution Transformer Market Drivers
The significant factors that are responsible for the growth of the Egypt distribution transformer market include the strong demand for energy and growing power generation capacity in the country. Additionally, the implementation of green energy is further accelerating the demand for distribution transformers in the coming years. Various opportunities, such as the digital transformation of utilities and high utilization of renewable energy, are further driving the market growth. With the rapid urbanization, there has been an upsurge in demand for replacing/refurbishing aging distribution transformers, which in turn, is attracting a new customer base into the market.
The surge in demand for electricity due to the increasing industrial and infrastructural development activities is another major factor that will have a positive impact on the market. The Egyptian government is aiming to increase the deployment of renewable energy technologies in the country. The country’s total installed capacity of renewables amounts to 3.7 gigawatt (GW), which includes 2.8 GW of hydropower and approximately 0.9 GW of solar and wind power. According to the ISES, the government of Egypt has set renewable energy targets of 20% of the electricity mix by the end of 2022 and reach 42% by 2035. This strategy will give rise to the overall demand for distribution transformers in the country. On the other edge of the spectrum, the operational inefficiencies which result in delays and suspensions is a major factor that is likely to hamper the growth of the market.
Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report
Based on the insulation type, the oil-filled segment is projected to grow at a higher CAGR during the forecast period. The increasing acceptance of oil-filled distribution transformers due to its various remarkable features such as high suitability for an outdoor location, highly efficient cooling mechanism, and other advantages, are driving the growth of the segment in the market. It is being increasingly used in electrical equipment as it has a simple structure, offers reliable operation, and has uniform conduction.
On the basis of mounting, the pad-mounted segment is anticipated to lead the market in the next six years. This is attributed to the increasing usage of pad-mounted transformer with the underground electric power distribution lines, especially for stepping down the primary voltage on the line to the lower secondary voltage supplied to utility customers.
On the basis of phase, the three-phase segment is expected to increase at a higher CAGR during the forecast period. This is mainly due to the increasing adoption of three-phase transformer as it offers higher efficiency and minimum losses as compared to the single-phase transformers. Additionally, a three-phase transformer uses less of copper and aluminum to conduct the same amount of electricity as compared to the single-phase transformer. All these factors are contributing to the growing demand for the segment in the market.
In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here
Segments covered in the Report:
The Egypt Distribution Transformer market has been segmented on the basis of Insulation Type, Mounting, Phase, Power Rating. Based on Insulation Type, the market is segmented into Dry and Oil Filled. Based on Mounting, the market is segmented into Pole, Pad, and Underground. Based on Phase, the market is segmented into Single and Three. Based on Power Rating the market is segmented into Up to 500 KVA, 501 KVA–2500 KVA, 2500 KVA–10000 KVA and Above 10000 KVA.
For detailed scope of the “Egypt Distribution Transformer Market” report request a Sample Copy of the report
Report Coverage |
Details |
Market Revenues (2022) |
USD Million |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment |
By Insulation Type, By Mounting, By Phase, By Power Rating |
Regional Coverage | Egypt |
Companies Profiled | Profiles of Top 10 Major Companies Operating in “Egypt Distribution Transformer Market” |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Egypt Distribution Transformer Market by Insulation Type
-
- Dry
- Oil-Filled
Egypt Distribution Transformer Market by Mounting
-
- Pad
- Pole
- Underground vault
Egypt Distribution Transformer Market by Phase
-
- Single
- Three
Egypt Distribution Transformer Market by Power Rating
-
- Up to 500 kVA
- 501 kVA–2,500 kVA
- 2,501 kVA–10,000 kVA
- Above 10,000 kVA
- Published Date: Jul-2023
- Report Format: Excel/PPT
- Report Code: UP1623-001001
Licensing Options
Single-User License:
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Egypt Distribution Transformer Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
$ 4,499.00 – $ 6,649.00