DUBLIN, March 21, 2014 /PRNewswire/ --

Research  and  Markets (http://www.researchandmarkets.com/research/npjhwd/saudi_arabia) has announced the addition of the "Saudi Arabia Power & Distribution Transformers Market Forecast & Opportunities, 2018" report to their offering.

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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.

The report titled 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. Saudi Arabia Power & Distribution Transformers Market Forecast & Opportunities

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with transformer manufacturers, distributors and industry personnel. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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
13. Research Methodology
14. About Us & Disclaimer

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/npjhwd/saudi_arabia

Media  Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets