Egypt Distribution Transformer Market Size Analysis, Share, Growth Potential to 2027
The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including insulation type, mounting, phase, and power rating.
Egypt Distribution Transformer Market drivers:
The primary factors driving the growth of the Egypt distribution transformer market include the strong demand for energy and rising power generation capacity in the nation. In addition to this, the implementation of green energy is further enhancing the demand for distribution transformers during the forecast period. Several opportunities, such as the high utilization of renewable energy and digital transformation of utilities, are some of the factors surging the market growth. With the rapid urbanization, there has been an increase in demand for replacing/refurbishing aging distribution transformers, which in turn, is attracting a large number of the customer base into the market.
The increasing demand for electricity owing to the rising industrial and infrastructural development activities is supporting market growth. The Egyptian government is focusing on growing the deployment of renewable energy technologies nationwide. 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. As per the ISES, Egypt's government has set renewable energy targets of 20% of the electricity mix by 2022 and reach 42% by 2035. This strategy will give a boost to the overall demand for distribution transformers in the country. On the other hand, the operational inefficiencies which result in delays and suspensions will hinder the growth of the market.
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Egypt Distribution Transformer Market Segmentation:
According to the report published by GMI Research, titled “Egypt Distribution Transformer Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:
By Insulation Type:
- Dry
- Oil-Filled
By Mounting:
- Pad
- Pole
- Underground vault
By Phase:
- Single
- Three
By Power Rating:
- Up to 500 kVA
- 501 kVA–2,500 kVA
- 2,501 kVA–10,000 kVA
- Above 10,000 kVA
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