Market Forecast 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) And Competitive Landscape.
Product Code: ETC002089 | Publication Date: Dec 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Sudan Switchgear market currently, in 2023, has witnessed an HHI of 7265, Which has increased moderately as compared to the HHI of 3814 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Sudan 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.
Sudan Switchgear Market is anticipated to grow due to significant investments in renewable energy sources and increasing demand for electricity. The government's focus on expanding and modernizing the energy sector presents an opportunity for switchgear manufacturers to introduce new and innovative products. However, political instability and inadequate power infrastructure remain significant concerns that need to be addressed. With the right policies and investments, the Sudan switchgear market has a promising future ahead. Sudan is one of the African countries witnessing a significant shift in its power sector. The focus on increasing electrification in the country, along with the rising adoption of renewable energy sources, has resulted in the growth of the switchgear market in Sudan.
According to 6Wresearch, the Sudan Switchgear Market size is estimated to be worth USD 252 million, with a projected CAGR of 5.6% over the forecast period of 2024-2030. The government efforts to increase electrification and deploy renewable energy sources like solar and wind are the primary drivers of the switchgear market. Moreover, the rising demand for low voltage switchgear in the building and construction sector, coupled with the expansion of the manufacturing industry, is also fueling the Sudan Switchgear Market Growth. Additionally, the need for reliable electrical infrastructure to prevent power outages and maintain safety is also driving market growth. However, one of the critical challenges faced by the Sudan switchgear market is the lack of technical expertise and skilled labor. The market also faces other challenges like the low budget allocated to the power sector, lack of proper infrastructure, and slow economic growth. One of the trends in the Sudan switchgear industry is the adoption of smart switchgear. Smart switchgear enables remote monitoring, automation, and control of the electrical network, improving efficiency and reducing the risk of failure. The market also offers opportunities for partnerships and collaborations among companies to leverage their expertise and expand their product portfolio. The increasing demand for eco-friendly and energy-efficient switchgear is also a significant opportunity for the Sudan switchgear market players.
In Sudan, the National Development Plan (NDP) is the primary tool used by the government to drive economic growth. The NDP is a comprehensive policy framework that outlines the government's objectives and targets for various sectors of the economy, including the energy sector, where the switchgear market falls under. The NDP aims to make Sudan a self-sufficient industrial and agricultural economy by 2030, meaning that the switchgear market and other energy-related sectors will play an integral role in achieving this goal. In recent years, the government has started to implement significant energy sector reforms to create a more attractive environment for international investors. These reforms include the introduction of an independent power producer framework and the phasing-out of subsidies on petroleum products. These reforms aim to increase the competitiveness and efficiency of the energy sector, with a particular focus on the power grid, which forms an essential part of the switchgear market. The government has been promoting Public-Private Partnership (PPP) in the energy sector as a way of accelerating development and making it more sustainable.
The Sudan Switchgear Market is dominated by international players, with companies such as Siemens, ABB, and Schneider Electric taking up a significant market share. The market also features several local players, including Al Fanar Electric, Industrial Trading & Contracting (ITC Sudan), and Al Rawani Company, among others. Local companies play a crucial role in the market's growth, as they offer localized solutions that cater to the specific needs of the Sudanese market.
According to Swati, Senior Research Analyst, 6Wresearch, Low voltage switchgear dominates the Sudan Switchgear Market Share owing to its extensive use in commercial, industrial, and residential buildings. However, medium, and high voltage switchgear are also gaining traction due to their use in the transmission and distribution sector.
By Applications, the public utility segment accounted for a leading share of market revenue owing to the expanding power supply and grid expansion in the country. However, the industrial and commercial application segment is expected to register high growth during in the forecast period.
The report offers a comprehensive study of the subsequent market segments:
Medium Voltage Switchgear
High Voltage Switchgear
Low Voltage Switchgear
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Sudan Switchgear Market Overview |
3.1 Sudan Country Indicators |
3.2 Sudan Switchgear Market Revenues & Volume 2020-2030F |
3.3 Sudan Switchgear Market Revenue Share, By Voltage, 2020 & 2030F |
3.4 Sudan Switchgear Market Revenue Share, By Insulation, 2020 & 2030F |
3.5 Sudan Switchgear Market Revenue Share, By Application, 2020 & 2030F |
3.6 Sudan Switchgear Market - Industry Life Cycle |
3.7 Sudan Switchgear Market - Porter’s Five Forces |
4. Sudan Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Sudan Switchgear Market Trends |
6. Sudan Switchgear Market Overview, By Voltage |
6.1 Sudan Switchgear Market Revenues & Volume, By Low Voltage Switchgear 2020-2030F |
6.2 Sudan Switchgear Market Revenues & Volume, By Medium Voltage Switchgear 2020-2030F |
6.3 Sudan Switchgear Market Revenues & Volume, By High Voltage Switchgear 2020-2030F |
7. Sudan Switchgear Market Overview, By Insulation |
7.1 Sudan Switchgear Market Revenues, By Medium Voltage Switchgear, 2020-2030F |
7.2 Sudan Switchgear Market Revenues, By High Voltage Switchgear, 2020-2030F |
7.3 Sudan Switchgear Market Revenues, By Low Voltage Switchgear, 2020-2030F |
8. Sudan Switchgear Market Overview, By Application |
8.1 Sudan Switchgear Market Revenues & Volume, By Residential, 2020-2030F |
8.2 Sudan Switchgear Market Revenues & Volume, By Commercial, 2020-2030F |
8.3 Sudan Switchgear Market Revenues & Volume, By Industrial, 2020-2030F |
8.4 Sudan Switchgear Market Revenues & Volume, By Power Utilities, 2020-2030F |
9. Sudan Switchgear Market - Key Performance Indicators |
10. Sudan Switchgear Market - Opportunity Assessment |
10.1 Sudan Switchgear Market Opportunity Assessment, By Voltage 2030F |
10.2 Sudan Switchgear Market Opportunity Assessment, By Insulation 2030F |
10.3 Sudan Switchgear Market Opportunity Assessment, By Application, 2030F |
11. Sudan Switchgear Market Competitive Landscape |
11.1 Sudan Switchgear Market Revenue Share, By Company, 2023 |
11.2 Sudan Switchgear Market Competitive Benchmarking, By Operating & Technical Parameters |
12. Company Profiles |
13. Key Recommendations |
14. Disclaimer |
Market Forecast 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) And Competitive Landscape.
Product Code: ETC002089 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Rising industrialization and urbanization coupled with growing construction projects in the country has led to an increase in demand for electricity supply, which has resulted in a surge in demand for the switchgear market in Sudan. Growing foreign direct investment in the country coupled with expanding the tourism sector would lead to a further increase in demand for switchgear market over the forthcoming years. However, the Sudan market is expected to register a decline in demand during 2020, owing to the global pandemic COVID-19, which has spread a worse impact on the business worldwide.
According to 6Wresearch, Sudan Switchgear Market size is anticipated to register growth during 2020-26. Growing investment in the country for the development of power plants, especially renewable (solar) power plants would lead to a surge in the installation of switchgear in the country. Moreover, changing government policies for the expansion of the industrial sector in the country would lead to further growth in the demand for switchgear market during the forecast period.
Based on applications, the public utility segment accounted for a leading share of market revenue pie owing to the expanding power supply and grid expansion in the country. However, the industrial and commercial application segment is expected to register high growth during in the forecast period.
The Sudan Switchgear market report thoroughly covers the market by types, voltage, insulation, applications, and regions. The Sudan Switchgear market outlook report provides an unbiased and detailed analysis of the on-going Sudan Switchgear 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.
Key Highlights of the Report:
Markets Covered
The Sudan Switchgear Market report provides a detailed analysis of the following market segments: