DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/q4rvbw/saudi_arabia) has announced the addition of the "Saudi Arabia Power & Distribution Transformers Market Forecast & Opportunities 2013-2018" report to their offering.
Saudi Arabia Power & Distribution Transformers Market Forecast & Opportunities, 2018 details about the growth, prospects and opportunities in Saudi Arabia transformers market. The transformers market revenues in Saudi Arabia are expected to grow at the CAGR of 24% till 2018. Saudi Arabian government is focusing more on renewables for power generation and is heavily investing in green energy. The government plans to generate 1/3 electricity from renewables and nuclear energy by 2032. The government is supporting the industry's growth by encouraging the entry of private and foreign players through trade free zones, 100% ownership subsidies for setting new power generation facilities, etc.
The economic and industrial development in Saudi Arabia is contributing to the rapidly growing demand for equipments used in the power sector. The country's increasing population, industrialization and urbanization can be attributed as the key reasons contributing to the growth of the power sector and increasing demand for electricity. The increasing demand for electricity is contributing to the increasing number of power plants which supports the growth for power as well as distribution transformers in the country. The government plans to set up new power generation facilities and is investing significantly to support the industry's growth.
Market Scope
- Alternative & Renewable Energy Market
- Foreign Investments
- Customization & Specialty Transformers
- Transformers Repair & Maintenance Market
- Desalination Plants & Waste To Energy
Key Topics Covered:
1. Analyst Briefing
2. Saudi Arabia Power Sector Overview
3. Saudi Arabia Transformers Market Outlook
4. Saudi Arabia Power Transformers Market Outlook
5. Saudi Arabia Distribution Transformers Market Outlook
6. Market Dynamics
7. Market Trends & Developments
8. Saudi Arabia Transformers Demand & Potential Analysis
9. Policy & Regulatory Landscape
10. Saudi Arabia Economic Profile
11. Competitive Landscape
12. Strategic Recommendations
Companies Mentioned
- ABB Electrical Industries Co, Ltd.
- Arabian Transformer Company
- East & West Factory
- Saudi Federal Transformers LLC
- Saudi Power Transformer Company Ltd.
- Saudi Transformers Company Ltd.
- United Transformer Electric Company
For more information visit http://www.researchandmarkets.com/research/q4rvbw/saudi_arabia
