|By PR Newswire||
|January 20, 2014 01:07 PM EST||
DUBLIN, January 20, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/4ccngl/south_african) has announced the addition of the "South African Transformer Market" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
The South African electricity crisis is characterised by a significant unbalance between power demand and supply. This is partly the result of underinvestment in transmission and distribution infrastructure. This development has translated into total energy losses estimated at 8.0% in 2008. As a result, power and distribution transformers are seen as key components in mitigating the effects of the current electricity crisis. This research service presents a comprehensive analysis of the high, medium and low-voltage power and distribution transformer markets in South Africa. Its objective is to assess the dynamics of this market and provide an understanding of the competitive environment.
Electricity Crisis to Heighten Transformer Equipment Market in South Africa
Transformer equipment is becoming ever more important as a means to alleviate South Africa from its current electricity crisis. End users are looking to capitalise on local resources, involving robust local manufacturing capabilities, competition-induced transformer prices, engineering expertise and experience in the respective end-user segments. This implies that established suppliers with a large installed base will retain their market positions. Expansion is mainly due to a strong pipeline of projects in the power sector, as Eskom, the public utility, has embarked on a massive $42.7 billion capital expenditure programme paralleled by strong demand from the metals and mining sectors. The South African transformer market will continue to remain robust till 2014, says the analyst of this research. The power transformer segment, with 80.0 per cent of the total market revenues in 2007, will remain the key transformer segment.
South African Transformer Market Optimistic on the Whole despite Setbacks
While the outlook for the South African transformer market is positive, a combination of factors such as lack of skilled work force, the availability of imported materials, unfavourable currency fluctuation and rising prices could hinder growth in this market, if not properly addressed. Additionally, new entrants will struggle to gain a substantial market share since the market is highly concentrated with most of the market share held by a few large suppliers. Further, the effect of volatile raw materials will have an immense impact on the South African transformer market for the next four years.
Key Topics Covered:
1. Motivation and Objectives for the Study
2. Market Definition and Segmentation
3. Executive Summary
4. Industry Challenges and Market Forces
5. Total Transformer Market Analysis
6. Market Growth Opportunities
For more information visit http://www.researchandmarkets.com/research/4ccngl/south_african
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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