Africa Low Voltage Switchgear Market (2023-2029) | Share, Revenue, Value, Forecast, Growth, COVID-19 IMPACT, Industry, Trends, Analysis, Companies & Size

Market Forecast By Types (MCB, MCCB, RCD (Residual Current Device), ACB, DB’s (Distribution Board), Contactors and Relays), By Applications (Residential, Commercial, Industrial, Power Utilities, Metal & Mining), By Countries (Nigeria, South Africa, Kenya, Ghana, Ethiopia, Tanzania) and Competitive Landscape

Product Code: ETC4624268 Publication Date: Sep 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 108 No. of Figures: 41 No. of Tables: 23

Africa Low Voltage Switchgear Market Synopsis

The Africa Low Voltage Switchgear Market experienced growth before the pandemic, on account of government initiatives towards residential sectors to tackle the housing deficit in the continent such as the Upgrading of Informal Settlements by the South African government and the National Housing Program by the Nigerian government, along with the Affordable Housing Program by the Ghanaian government and several others. However, in 2020, the market declined due to COVID-19 restrictions on construction activities. Fortunately, the market recovered in the post-pandemic period, driven by major infrastructure projects, including the investment of $5.4 billion under the National Department of Human Settlements plan in 2022 by the South African government, the $2.3 billion development plan for various housing and commercial infrastructure projects by the Ghana government in 2022, among others. Additionally, the construction of 123 new cities in Africa over the next two decades, with an estimated cost of up to US$150 billion, is expected to further drive the expansion of the Low Voltage Switchgear Market in Africa.

Africa Low Voltage Switchgear Market

According to 6Wresearch, Africa Low Voltage Switchgear Market revenue size is anticipated to grow at a CAGR of 5.4% during 2023-2029. The Low Voltage Switchgear Market in Africa is anticipated to experience growth in the forecast period due to increased infrastructure investments and new city construction. Several African governments are making noteworthy investments in diverse infrastructure projects, such as the $980 million redevelopment of Sheger in Ethiopia, the $14 billion Dangote Oil Refinery project in Nigeria, $5.8 billion investment in a Hydroelectric Power Project in Nigeria and others. Furthermore, the burgeoning investment in the hospitality sector, highlighted by the expansion of hotels with 1,837 new rooms by 2024, and substantial budget allocations like Kenya's $2.1 billion for infrastructure enhancement and Ethiopia's $4.2 billion investment to construct 500,000 affordable homes by 2026 at a target of 100,000 homes annually, are expected to further drive the market of LV switchgear in the region.

Market by Types

MCB (Miniature Circuit Breaker) acquired the major share in Africa Low Voltage Switchgear Industry attributed to the impressive expansion of the residential sector. This growth is a direct result of strategic investments made by several African nations to address housing deficits. Notably, countries like Nigeria, Kenya, and Ghana are experiencing substantial progress, with an annual increase of 350,000, 200,000, and 100,000 housing units respectively.

Market by Applications

The Africa low-voltage switchgear market has seen a predominant share held by the residential and commercial sector, primarily attributed to a substantial surge in housing construction activities across the continent. For instance, notable instances include South Africa's allocation of $5.4 billion through the National Department of Human Settlements plan in 2022, the Ghanaian government's $2.3 billion development strategy for diverse housing and commercial infrastructure projects, and the Kenyan government's sanctioned budget of KSh19 billion ($138.4 million) for housing in the fiscal year 2022/23. These investments, alongside others made by various African nations, are poised to generate an escalated demand for low-voltage (LV) components in the forthcoming years.

Africa Low Voltage Switchgear Market

Market by Countries

South Africa garnered the highest revenue share in Africa LV Switchgear market being the most developed and diversified economy in Africa along with well-established commercial and industrial sectors, which drives significant demand for LV switchgear products. The swift urbanization and concurrent expansion within the real estate sector, demonstrated through initiatives such as the introduction of the Glenhaven social housing project in 2022, focused on erecting over 2000 residences in Cape Town within the ensuing three years, coupled with the South African government's proclamation of an infrastructure outlay surpassing R810 billion ($42 billion) across the forthcoming three years to accommodate the burgeoning populace and escalating business endeavors, are positioned to enhance the switchgear market.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 11 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Africa Low Voltage Switchgear Market Overview
  • Africa Low Voltage Switchgear Market Outlook
  • Africa Low Voltage Switchgear Market Forecast
  • Historical Data and Forecast of Africa Low Voltage Switchgear Market Revenues for the Period 2019-2029F
  • Historical Data and Forecast of Africa Low Voltage Switchgear Market Revenues, By Types, for the Period 2019-2029F
  • Historical Data and Forecast of Africa Low Voltage Switchgear Market Revenues, By Applications, for the Period 2019-2029F
  • Historical Data and Forecast of Africa Low Voltage Switchgear Market Revenues, By Countries, for the Period 2019-2029F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of Covid-19
  • Market Trends
  • Africa Country-wise Low Voltage Switchgear Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • MCB
  • MCCB
  • RCD (Residual Current Device)
  • ACB
  • DB’s (Distribution Board)
  • Contactors and Relays

By Applications

  • Residential
  • Commercial
  • Industrial
  • Power Utilities
  • Metal & Mining

By Countries

  • Nigeria
  • South Africa
  • Kenya
  • Ghana
  • Ethiopia
  • Tanzania
Frequently Asked Questions About the Market Study (FAQs):

How much growth is expected in the market?

Africa Low Voltage Switchgear Market revenue size is anticipated to grow at a CAGR of 5.4% during 2023-2029.

Why is the market projected to experience growth?

The Low Voltage switchgear market in Africa is anticipated to experience growth in the forecast period due to increased infrastructure investments and new city construction.

Which African country garnered the highest revenue share and why?

South Africa garnered the highest revenue share in Africa LV Switchgear market being the most developed and diversified economy in Africa along with well-established commercial and industrial sectors.

Which segments are covered in this market report?

The segments that this market report covers are by types, applications, and countries.

How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope and Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Africa Low Voltage Switchgear Overview

3.1 Africa Low Voltage Switchgear Revenues, 2019-2029F

3.2 Africa Low Voltage Switchgear Industry Life Cycle

3.3 Africa Low Voltage Switchgear Porter Five Forces

3.4 Africa Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

3.5 Africa Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

3.6 Africa Low Voltage Switchgear Market Revenue Share, By Country, 2022 & 2029F

4. Africa Low Voltage Switchgear Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraint

5. Africa Low Voltage Switchgear Market Trends & Evolution

6. Nigeria Low Voltage Switchgear Market Overview

6.1 Nigeria Low Voltage Switchgear Revenues, 2019-2029F

6.2 Nigeria Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

6.2.1 Nigeria Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

6.2.2 Nigeria Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

6.2.3 Nigeria Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

6.2.4 Nigeria Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

6.2.5 Nigeria Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

6.2.6 Nigeria Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

6.3 Nigeria Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

6.3.1 Nigeria Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

6.3.2 Nigeria Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

6.3.3 Nigeria Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

6.3.4 Nigeria Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

6.3.5 Nigeria Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

6.4 Nigeria Low Voltage Switchgear Market Key Performance Indicators

6.5 Nigeria Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

7. South Africa Low Voltage Switchgear Market Overview

7.1 South Africa Low Voltage Switchgear Revenues, 2019-2029F

7.2 South Africa Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

7.2.1 South Africa Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

7.2.2 South Africa Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

7.2.3 South Africa Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

7.2.4 South Africa Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

7.2.5 South Africa Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

7.2.6 South Africa Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

7.3 South Africa Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

7.3.1 South Africa Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

7.3.2 South Africa Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

7.3.3 South Africa Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

7.3.4 South Africa Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

7.3.5 South Africa Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

7.4 South Africa Low Voltage Switchgear Market Key Performance Indicators

7.5 South Africa Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

8. Kenya Low Voltage Switchgear Market Overview

8.1 Kenya Low Voltage Switchgear Revenues, 2019-2029F

8.2 Kenya Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

8.2.1 Kenya Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

8.2.2 Kenya Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

8.2.3 Kenya Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

8.2.4 Kenya Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

8.2.5 Kenya Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

8.2.6 Kenya Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

8.3 Kenya Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

8.3.1 Kenya Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

8.3.2 Kenya Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

8.3.3 Kenya Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

8.3.4 Kenya Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

8.3.5 Kenya Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

8.4 Kenya Low Voltage Switchgear Market Key Performance Indicators

8.5 Kenya Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

9. Ghana Low Voltage Switchgear Market Overview

9.1 Ghana Low Voltage Switchgear Revenues, 2019-2029F

9.2 Ghana Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

9.2.1 Ghana Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

9.2.2 Ghana Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

9.2.3 Ghana Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

9.2.4 Ghana Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

9.2.5 Ghana Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

9.2.6 Ghana Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

9.3 Ghana Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

9.3.1 Ghana Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

9.3.2 Ghana Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

9.3.3 Ghana Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

9.3.4 Ghana Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

9.3.5 Ghana Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

9.4 Ghana Low Voltage Switchgear Market Key Performance Indicators

9.5 Ghana Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

10. Ethiopia Low Voltage Switchgear Market Overview

10.1 Ethiopia Low Voltage Switchgear Revenues, 2019-2029F

10.2 Ethiopia Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

10.2.1 Ethiopia Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

10.2.2 Ethiopia Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

10.2.3 Ethiopia Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

10.2.4 Ethiopia Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

10.2.5 Ethiopia Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

10.2.6 Ethiopia Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

10.3 Ethiopia Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

10.3.1 Ethiopia Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

10.3.2 Ethiopia Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

10.3.3 Ethiopia Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

10.3.4 Ethiopia Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

10.3.5 Ethiopia Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

10.4 Ethiopia Low Voltage Switchgear Market Key Performance Indicators

10.5 Ethiopia Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

11. Tanzania Low Voltage Switchgear Market Overview

11.1 Tanzania Low Voltage Switchgear Revenues, 2019-2029F

11.2 Tanzania Low Voltage Switchgear Market Revenue Share and Revenues, By Types, 2019-2029F

11.2.1 Tanzania Low Voltage Switchgear Market Revenues, By MCCB, 2019-2029F

11.2.2 Tanzania Low Voltage Switchgear Market Revenues, By DB, 2019-2029F

11.2.3 Tanzania Low Voltage Switchgear Market Revenues, By MCB, 2019-2029F

11.2.4 Tanzania Low Voltage Switchgear Market Revenues, By ACB, 2019-2029F

11.2.5 Tanzania Low Voltage Switchgear Market Revenues, By RCD, 2019-2029F

11.2.6 Tanzania Low Voltage Switchgear Market Revenues, By Contractors & Relay, 2019-2029F

11.3 Tanzania Low Voltage Switchgear Market Revenue Share and Revenues, By Application, 2019-2029F

11.3.1 Tanzania Low Voltage Switchgear Market Revenues, By Residential, 2019-2029F

11.3.2 Tanzania Low Voltage Switchgear Market Revenues, By Commercial, 2019-2029F

11.3.3 Tanzania Low Voltage Switchgear Market Revenues, By Metal & Mining, 2019-2029F

11.3.4 Tanzania Low Voltage Switchgear Market Revenues, By Power Utilities, 2019-2029F

11.3.5 Tanzania Low Voltage Switchgear Market Revenues, By Industrial, 2019-2029F

11.4 Tanzania Low Voltage Switchgear Market Key Performance Indicators

11.5 Tanzania Low Voltage Switchgear Market Opportunity Assessment, By Types and Application, 2029F

12. Africa Low Voltage Switchgear Market Competitve Landscape

12.1 Afrfica Low Voltage Switchgear Market Ranking, By Companies, 2022

12.2 Afrfica Low Voltage Switchgear Market Competitve Benchmarking, By Tehcnical & Operating Parameters, 2022

13. Company Profiles

13.1 ABB Africa

13.2 Siemens Ltd

13.3 Schneider Electric

13.4 Eaton Corporation

13.5 Allen Bradley by Rockwell Automation

13.6 Legrand

13.7 Chint Global

13.8 Himel

13.9 LS ELECTRIC Co., Ltd.

13.10 Mitsubishi Electric Corporation

14. Key Strategic Recommendations

15. Disclaimer

List of Figures

1. Africa Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

2. Africa Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

3. Africa Low Voltage Switchgear Market Revenue Share, By Applications, 2022 & 2029F

4. Africa Low Voltage Switchgear Market Revenue Share, By Countries, 2022 & 2029F

5. Africa Total Power Generation, 2018-2023E (TWh)

6. Africa Electricity Consumption, 2018-2023E (TWh)

7. Africa Installed Renewable Energy Capacity, 2018-2022 (GW)

8. Nigeria Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

9. Nigeria Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

10. Nigeria Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

11. Number of Hotel Rooms Nigeria, 2019-2023E (In Thousand)

12. South Africa Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

13. South Africa Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

14. South Africa Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

15. South Africa New Residential Housing Units, 2021-22 (Units)

16. Housing Units in Different Regions, 2022 (Units)

17. South Africa Investment Activity Overview, By Sector, 2022, (%)

18. Kenya Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

19. Kenya Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

20. Kenya Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

21. Contribution of Real Estate Market in Kenya’s GDP 2000-2021

22. Ghana Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

23. Ghana Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

24. Ghana Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

25. Ethiopia Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

26. Ethiopia Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

27. Ethiopia Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

28. Ethiopia Estimated Demand For Urban Houses Per Year, 2015-2035

29. Ethiopia New Urban Houses, 2027 & 2037, (in millions)

30. Tanzania Low Voltage Switchgear Market Revenues, 2019-2029F ($ Million)

31. Tanzania Low Voltage Switchgear Market Revenue Share, By Types, 2022 & 2029F

32. Tanzania Low Voltage Switchgear Market Revenue Share, By Application, 2022 & 2029F

33. Tanzania’s Percentage Growth In Urban Residents, 2018-2040F

34. Tanzania’s Estimated Population Growth, 2020-2050F, (million)

35. Nigeria Low Voltage Switchgear Market Ranking, By Companies, 2022

36. South Africa Low Voltage Switchgear Market Ranking, By Companies, 2022

37. Kenya Low Voltage Switchgear Market Ranking, By Companies, 2022

38. Ethiopia Low Voltage Switchgear Market Ranking, By Companies, 2022

39. Ghana Low Voltage Switchgear Market Ranking, By Companies, 2022

40. Tanzania Low Voltage Switchgear Market Ranking, By Companies, 2022

41. Kenya Construction Market, 2018-2027F ($Billion)

List of Tables

1. Africa Infrastructure Investment By Governments, 2021-22 & 2022-23 ($ Billion)

2. Nigeria Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

3. Nigeria Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

4. Nigeria Newly Ongoing Projects, 2022

5. List of Planned and Under construction Projects in Nigeria

6. South Africa Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

7. South Africa Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

8. List of Planned and Under Construction Projects in South Africa

9. South Africa Retail Infrastructure Investment, By State, 2022

10. Kenya Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

11. Kenya Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

12. Kenya Affordable Housing Pipeline

13. Kenya Upcoming Mega Projects, 2022

14. Ghana Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

15. Ghana Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

16. Ghana Affordable Housing Pipeline

17. Ghana Ongoing Mega Projects, 2022

18. Ethiopia Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

19. Ethiopia Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

20. Tanzania Low Voltage Switchgear Market Revenues, By Types, 2019-2029F ($ Million)

21. Tanzania Low Voltage Switchgear Market Revenues, By Application, 2019-2029F ($ Million)

22. Tanzania Commercial Mall/Complex Projects

23. Ongoing Construction Projects In Kenya, As Of 2022

 

 

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