Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial) and competitive Landscape
Product Code: ETC002813 | Publication Date: Dec 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kenya Power & Distribution Transformer Market report thoroughly covers the market by types, by rating, by cooling system, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Power & distribution transformers are in high demand in the country. the demand is driven by efforts making by the government to upgrade the country's power infrastructure, and this has created numerous opportunities for growth in the transformer market. Moreover, some other factors that are driving the market growth include the growing population, and the increasing demand for renewable energy sources.
According to 6Wresearch, the Kenya Power & Distribution Transformer Market size is expected to grow at a 7.4% during the forecast period 2024-2030. Kenya's economy has been growing accompanied by increased urbanization and industrialization, which has generated a high demand for power and transformers. Increased government’s investments in renewable energy sector to upgrades of the country's transmission and distribution networks, which translates to increased demand for distribution and power transformers. Despite the Kenya Power & Distribution Transformer industry massive growth, there are still some challenges market’s is facing. The principal challenge is the lack of adequate infrastructure, particularly the substation infrastructure.
Most of the existing substation infrastructure is outdated and insufficient in meeting the growing demand for electricity. Another challenge is the high import duty incurred in importing finished transformers since Kenya does not have local manufacturing companies. However, the rising adoption of smart technology in transformers. This trend is aimed at reducing transformer losses by providing real-time information on the transformer's performance. The emphasis on renewable energy sources such as solar and wind power, with the Kenyan government providing incentives to boost the uptake of these energy sources. The trend towards using environmentally friendly transformers and reducing carbon emissions in transformer use is also gaining traction in Kenya.
The Kenyan government has launched initiatives to promote the transformer Kenya Power & Distribution Transformer Market growth. One of the major initiatives is the Last Mile Connectivity Project, aimed at expanding access to electricity to households and businesses in rural areas. The government is also investing actively in the construction of new substation infrastructure to meet the increasing demand for electrical power, and upgrading the existing infrastructure to meet modern, electricity distribution standards.
The leading manufacturers operating in the market are ABB Ltd, Siemens AG, Schneider Electric, and General Electric. The market is also dominated by numerous small and medium enterprises (SMEs) and domestic manufacturers. The absence of local manufacturers has made the country relying on imports to meet transformer demand.
According to Dhaval, Research Manager, 6Wresearch, although both transformers are integral part in the electricity distribution system, nevertheless, the distribution Transformers are growing in the Kenyan market backed by several factors such as the rise in urbanization, industrialization, and commercial construction projects.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Kenya Power & Distribution Transformer Market Overview |
3.1 Country Indicators |
3.2 Kenya Power & Distribution Transformer Market Revenues, 2020-2030F |
3.3 Kenya Power & Distribution Transformer Market Revenue Share, By Types, 2020 & 2030F |
3.4 Kenya Power & Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
3.5 Kenya Power & Distribution Transformer Market Revenue Share, By Cooling System, 2020 & 2030F |
3.6 Kenya Power & Distribution Transformer Market Revenue Share, By Applications, 2020 & 2030F |
3.7 Kenya Power & Distribution Transformer Market Industry Life Cycle |
3.8 Kenya Power & Distribution Transformer Market- Porter’s Five Forces |
4. Kenya Power & Distribution Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Kenya Power & Distribution Transformer Market Trends & Evolution |
6. Kenya Power & Distribution Transformer Market Overview, By Types |
6.1 Kenya Power Transformer Market Revenues, 2020-2030F |
6.2 Kenya Distribution Transformer Market Revenues, 2020-2030F |
7. Kenya Power & Distribution Transformer Market Overview, By Rating |
7.1 Kenya Power Transformer Market Revenue Share, By Rating, 2020 & 2030F |
7.1.1 Kenya Power Transformer Market Revenues, By 1 MVA – 50 MVA, 2020-2030F |
7.1.2 Kenya Power Transformer Market Revenues, By 50.1 MVA – 160 MVA, 2020-2030F |
7.1.3 Kenya Power Transformer Market Revenues, By 160.1 MVA – 350 MVA, 2020-2030F |
7.1.4 Kenya Power Transformer Market Revenues, By Above 350 MVA, 2020-2030F |
7.2 Kenya Distribution Transformer Market Revenue Share, By Rating, 2020 & 2030F |
7.2.1 Kenya Distribution Transformer Market Revenues, By Up to 100 kVA, 2020-2030F |
7.2.2 Kenya Distribution Transformer Market Revenues, By 100.1 – 315 kVA, 2020-2030F |
7.2.3 Kenya Distribution Transformer Market Revenues, By 315.1 – 5 MVA, 2020-2030F |
8. Kenya Power & Distribution Transformer Market Overview, By Cooling System |
8.1 Kenya Power & Distribution Transformer Market Revenues, By Dry Type, 2020-2030F |
8.2 Kenya Power & Distribution Transformer Market Revenues, By Liquid Type, 2020-2030F |
9. Kenya Power & Distribution Transformer Market Overview, By Applications |
9.1 Kenya Power & Distribution Transformer Market Revenues, By Power Utilities 2020-2030F |
9.2 Kenya Power & Distribution Transformer Market Revenues, By Industrial, 2020-2030F |
10. Kenya Power & Distribution Transformer Market Key Performance Indicators |
11. Kenya Power & Distribution Transformer Market Opportunity Assessment |
11.1 Kenya Power & Distribution Transformer Market Opportunity Assessment, By Types, 2030F |
11.2 Kenya Power & Distribution Transformer Market Opportunity Assessment, By Rating, 2030F |
11.3 Kenya Power & Distribution Transformer Market Opportunity Assessment, By Cooling System, 2030F |
11.4 Kenya Power & Distribution Transformer Market Opportunity Assessment, By Applications, 2030F |
12. Kenya Power & Distribution Transformer Market Competitive Landscape |
12.1 Kenya Power & Distribution Transformer Market Revenue Share, By Companies, 2023 |
12.2 Kenya Power & Distribution Transformer Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Strategic Recommendations |
15. Disclaimer |
Market Forecast By Types (Power Transformer, Distribution Transformer), By Rating (Power Transformer (1 MVA – 50 MVA, 50.1 MVA – 160 MVA, 160.1 MVA – 350 MVA, Above 350 MVA), Distribution Transformer (Up to 100 kVA, 100.1 – 315 kVA, 315.1 – 5 MVA)), By Cooling System (Dry Type, Liquid Type), By Applications (Power Utilities, Industrial) and competitive Landscape
Product Code: ETC002813 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Kenya power & distribution transformer market is projected to witness significant growth during the forecast period owing to growing urbanization, rising need for electricity along with a supporting transmission & distribution network. With the increasing industrialization and development of infrastructure to provide high quality and standard life to all its citizens under the “Kenya Vision 2030”, the Kenya power & distribution transformer market is expected to record healthy growth during the forecast period. However, the growth is anticipated to slow down due to the shutdown of several industries in the wake of continued spread of coronavirus pandemic but it is expected to be on the track during the second half of the year 2020-21.
According to 6Wresearch, Kenya Power & Distribution Transformer Market size is anticipated to register growth during 2020-2026. Kenya is the fourth-largest economy in sub- Saharan Africa. The country has the current installed grid capacity of 2,561 MW and peak demand of 1,865 MW as of 2019, with annual electricity demand growing at a healthy rate of 8%. Thus, the rising power demand would require the installation of transformers for electricity distribution. Further, growing construction projects in the telecom sector coupled with increasing FDI in the industrial domain would lead to a surge in the electricity supply resulting in the overall growth of the power & distribution transformer market in Kenya over the coming years.
By types, the power transformer segment in the Kenya power & distribution transformer market is anticipated to generate significant revenues in the coming years owing to the ongoing plans for establishing domestic manufacturing plants for transformers in the country coupled with burgeoning electricity demand for high voltage applications across the manufacturing and industrial sector of the country.
The Kenya power & distribution transformer market report thoroughly covers the market by types, rating, cooling system, and applications. The Kenya power & distribution transformer market outlook provides an unbiased and detailed analysis of the on-going Kenya power & distribution transformer market trends, Kenya power & distribution transformer market share, opportunities/high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.
Key Highlights of the Report
Markets Covered
The Kenya power and distribution transformer market report provides a detailed analysis of the following market segments:
By Types
By Rating
By Cooling System
By Applications