Kenya Switchgear Market (2024-2030) | Trends, Forecast, Value, Outlook, Analysis, Growth, Revenue, Size, Share, Industry & Companies

Topics Covered in the Kenya Switchgear Market

Kenya Switchgear Market report thoroughly covers the market by voltage, by insulation, and by applications. 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.

Kenya Switchgear Market Synopsis

Kenya Switchgear Market is expected to grow in the coming years, driven by increasing power demands, digitalization, and grid modernization. However, the market also faces challenges such as network losses and intermittent power outages. Switchgear vendors need to keep up with the trends and opportunities present in the market to remain competitive. The Kenya government supportive policies in the power sector together with modernization of the industrial sector are among the significant opportunities to be exploited in the switchgear market. The growth in size contributes to the country's economic growth as the switchgear components are also assembled in Kenya factories that provide employment opportunities and technology transfer.

According to 6Wresearch, the Kenya Switchgear Market size is anticipated to grow at a CAGR of 6.8% during the forecast period of 2024-2030. The increasing demand for electricity, driven by a growing population and economic development, is the primary driver of the switchgear market in Kenya. Industrialization and the need for power transmission across the country's regions are also key drivers of the switchgear market. Furthermore, rising investments in renewable energy systems in the country, like wind and solar, are driving the demand for switchgear to manage electricity generated from these sources. However, Kenya switchgear industry is facing several challenges such as the uncontrolled expansion of illegally connected customers, leading to a rise in network losses and fluctuations. This issue is compounded by the lack of funds to curb such activities, leading to the deterioration of switchgear equipment lifespan. Additionally, intermittent power outages are another challenge that the switchgear market is facing. This is attributed to aging infrastructure that requires replacement to minimize faults that lead to power blinks. The continued integration of grid modernization and digitalization in the Kenya power sector is driving the adoption of reliable, efficient, and cost-effective switchgear solutions. With digitization, switchgear control systems can be remotely monitored and operated, promoting safer and more flexible operations. The government has introduced policies that support investments in the power sector, including the switchgear market as well. Also, the growth and modernization of the country's industrial sector present great opportunities for switchgear vendors.

Government policies and schemes introduced in the Kenya Switchgear Market

The Kenya switchgear market has been steadily growing over the past few years, with the government introducing several policies and schemes aimed at boosting the industry's growth.

The Energy Act of 2019

The Energy Act of 2019, passed by the Kenya government, has played a pivotal role in creating a conducive environment for the switchgear market. The Act outlines the rules and regulations regarding the energy sector, including the switchgear market. The law has created a licensing framework for the players in the market, which provides a level playing field for all. Additionally, the law sets out the standards and requirements that need to be complied with for the switchgear equipment, which has increased the quality of the products in the market.

The National Electrification Strategy

The Kenya government has also implemented the National Electrification Strategy with the aim of ensuring access to electricity for all Kenyas. Under this scheme, the government has committed to providing access to electricity to all households, businesses, and public institutions by the year 2022. This has led to an increase in demand for switchgear products, which has subsequently benefited the Kenya Switchgear Market Growth.

Leading players in the Kenya Switchgear Market

The growth of the switchgear market in Kenya has attracted several players, both local and international. Some of the leading players in the market include Schneider Electric, ABB, Siemens, and Eaton. These companies have brought in advanced technology and innovation into the market, which has led to an increase in competition and a resultant improvement in the quality of switchgear products.

Market Analysis by Voltage

According to Aditi, Senior Research Analyst, 6Wresearch, low voltage switchgear remains the largest segment, accounting for the majority of the market share. This is due to its application in residential, commercial, and industrial settings. Medium voltage switchgear comes second, with high voltage switchgear being the smallest segment.

Market Analysis by Applications

In terms of Applications, the residential sector has been dominating the Kenya Switchgear Market Share due to recent increases in housing and hospitality sectors. In comparison, industrial and commercial applications are expected to grow due to expansions of industrial units and emergence of commercial buildings. Power utilities have significant contributions to the country's economic growth. For power utilities, switchgear systems are widely used for power transmission and distribution along large transmission and distribution networks.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Reports

• Kenya Switchgear Market Overview
• Kenya Switchgear Market Outlook
• Kenya Switchgear Market Forecast
• Historical Data of Kenya Switchgear Market Revenues & Volume for the Period 2020-2030
• Kenya Switchgear Market Size and Kenya Switchgear Market Forecast of Revenues & Volume, Until 2030
• Historical Data of Kenya Switchgear Market Revenues & Volume, By Voltage, for the Period 2020-2030
• Market Size & Forecast of Kenya Switchgear Market Revenues & Volume, By Voltage, Until 2030
• Historical Data of Kenya Switchgear Market Revenues & Volume, By Insulation, for the Period 2020-2030
• Market Size & Forecast of Kenya Switchgear Market Revenues & Volume, By Insulation, Until 2030
• Historical Data of Kenya Switchgear Market Revenues & Volume, By Applications, for the Period 2020-2030
• Market Size & Forecast of Kenya Switchgear Market Revenues & Volume, By Applications, Until 2030
• Market Drivers and Restraints
• Kenya Switchgear Market Price Trends
• Kenya Switchgear Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Kenya Switchgear Market Share, By Players
• Kenya Switchgear Market Share, By Regions
• Kenya Switchgear Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Voltage

• Low Voltage Switchgear
• Medium Voltage Switchgear
• High Voltage Switchgear

By Insulation

Medium Voltage Switchgear

• Air Insulated
• Gas Insulated

High Voltage Switchgear

• Air Insulated
• Gas Insulated

Low Voltage Switchgear

• MCB
• MCCB
• C&R
• ACB
• COS
• Others

By Applications

 

• Residential
• Commercial
• Industrial
• Power Utilities