South African Transformer Market addition announced
Markets (http://www.researchandmarkets.com/research/4ccngl/south_african) has announced the addition to the "South African Transformer Market" report to their offering.
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Markets (http://www.researchandmarkets.com/research/4ccngl/south_african) has announced the addition to the “South African Transformer Market” report to their offering.
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.
Transformer equipment is becoming ever more important to salvage South Africa from the 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.
The established suppliers will likely 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.
The South African transformer market will continue to remain solid until 2014, according to the research. The power transformer segment, with 80 % of the total market revenues in 2007, will remain the key transformer segment.
While the South African transformer market is set to remain solid, a lack of skilled work force, the availability of imported materials, unfavourable currency fluctuation and rising prices could possibly hinder growth in this market. New entrants could also struggle to gain a substantial market share since most of the market share is held by a few large suppliers. Also, the effect of volatile raw materials will have an immense impact on the South African transformer market for the next four years.
Source: Digital Journal
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