San Francisco, 25 September 2018 - The Middle East distribution transformer market is expected to reach USD 3.59 billion by 2022, according to a new study by Grand View Research, Inc. The need for effective electrical distribution has led to increasing adoption across the power, commercial and industrial sectors; this is anticipated to fuel product demand. Several benefits including reduced line loss, better power quality, reduced energy costs and optimal energy use are expected to catapult industry growth significantly. They also offer investment related benefits, improved reliability and compatibility. The escalating need to overcome current losses along with the rising electricity demand is also anticipated to fuel demand over the forecast period.
Low cost associated with the installation and conduit of distribution transformers may favorably impact industry growth. Increasing demand across plants and facilities that require huge amounts of power supply such as data centers is also anticipated to elevate product demand. Further, the ability to operate at low power frequencies offer benefits such as reduced power losses, better voltage regulation, increased functional flexibility and improved service continuity making it a lucrative market. Full Research Report On Middle East Distribution Transformer Market By Grand View Research: www.grandviewresearch.com/industry-analysis/middle-east-distribution-transformer-market Further key findings from the report suggest:
www.grandviewresearch.com/industry/semiconductors-and-electronics Grand View Research has segmented the Middle East distribution transformer market on the basis of product, technology and region: Distribution Transformers Product Outlook (Revenue, USD Million, 2012 - 2022)
www.grandviewresearch.com/press-release/middle-east-distribution-transformer-market-analysis About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information: www.grandviewresearch.com
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