East Distribution Transformer Market worth $3.9bn by 2024 Middle East Distribution Transformer Market size is estimated to reach USD 3.92 billion by 2024; according to a new research report by Global Market Insights, Inc. Distribution transformers are primarily used to distribute power in a particular locality, industrial estates as well as remotely located houses and buildings and are usually found on the pole or underground near residential, commercial, or industrial areas.
Rising population across the region may further instigate need to save energy, which in turn is expected to catalyze distribution transformer market growth over the forecast timeframe. Growing knowledge pertaining to sustainable development among the general population may further increase demand for energy efficient solutions. These devices represent to be one of the major sources of power loss and are easily measurable and replaceable. Thus, implementation of these innovative systems may aid in power loss reduction. Egypt Distribution Transformers Market size, by technology, 2013 - 2024
Energy use in households and commercial buildings accounts for major part of the total energy consumption. Two major sources of energy consumption which can be regulated are interior environment comfort and electrical appliances. Several countries in the Middle East including Egypt, Jordan, Kuwait, Lebanon, Sudan, Syria, Tunisia, and UAE have developed policies to limit the consumption. These policies may spur government initiatives for using efficient devices on power transmission poles across the region in order to further decrease energy consumption at higher level.
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