According to 6Wresearch, Saudi Arabia Power And Distribution Transformer Market revenues are projected to decline at a CAGR of 0.3% during 2019-25. The transformer market declined in terms of revenue as well as volume in past few years due to economic slump in the Kingdom. However, upcoming projects such as $500 billion NEOM City, $100 billion King Abdullah Economic City, $27 billion Jazan Economic City, $22.5 billion Riyadh Metro project and $1.4 billion GCC Power Grid Interconnection project would surge the demand for transformers across the country.
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"Saudi Arabia Power and Distribution Transformer Market (2019-25)" provides an in-depth analysis with 47 figures and 8 tables covered in over 100 pages. The report estimates and forecast the overall Saudi Arabia transformer market by revenues, service & repair, volume, types, power ratings, cooling system, types of services offered, applications and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
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