Middle East Switchgear Market Outlook (2022-2028) | Revenue, Companies, Analysis, Forecast, Growth, Trends, Industry, Size, Share & Value

Latest 2021 Developments

Middle East Switchgear Market has seen the latest innovations which include the development of switchgear that can work efficiently even in variable outdoor conditions like temperature and humidity, as well as water seepage out of the ground. Switchgears having properties like ensuring the continuity of service, compact dimension, and low environmental impact are also designed for industrial applications that need non-fluctuating and stable power supply without outages such as oil & gas, steel, cement. Manufacturers have also started to modify the fabrication process to be cost-effective, pollution-free, and easy to maintain. This is the reason that AISs are more preferred as compared to GISs.

Mergers and Acquisitions:

• In July 2021, ABB announced it would acquire ASTI Mobile Robotics Group (ASTI)
• In August 2020, Larsen & Toubro announced the closure of the strategic divestment of its Electrical and Automation business to Schneider Electric.

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The development of smart grids, the establishment of nuclear and solar power plants would spur the growth of the switchgear market in the Middle East. Additionally, due to huge investment in the power transmission and distribution sector along with the interconnection of transmission networks, the country’s power infrastructure is expanding and this would act as one of the key drivers for the growth of the Middle East switchgear market.

According to 6Wresearch, Middle East Switchgear Market size is projected to grow at a CAGR of 2.7% during 2019-25. The commercial and industrial sector is the fastest-growing sector due to increasing construction activities associated with the building of new hotels, resorts, museums, hospitals and tourism-related infrastructure. Along with this, the government’s focus on attaining self-sufficiency in electricity production and providing adequate power infrastructure and efficient quality of power would also boost market growth.

In Middle Eastern countries such as UAE, Saudi Arabia, and Turkey, the power utility sector captured the majority of the market revenue share, owing to a shift towards renewable energy resources from oil as the main feedstock. Hence, the aforementioned countries are planning to replace old infrastructure using oil as their primary fuel. Moreover, in Saudi Arabia, the government seeks to invest around $9 billion to power generation and distribution each year which would subsequently lead to the installation of new switchgear in the plants.

The Middle East switchgear market report thoroughly covers the market by voltage, insulation, applications, and countries. The Middle East switchgear market outlook report provides an unbiased and detailed analysis of the on-going Middle East switchgear market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics. Increasing the population on another hand the power consumption also increases the Middle East use switchgear. Switchgear is the power of the electrical systems. Middle East switchgear market is growing while the replacement of outdated with the innovative infrastructure. In the forecast period there might be use of the long-distance transmission with the high voltage. The raw material used for making switchgear efficient and durability.

Key Highlights of the Report

• Middle East Switchgear Market Overview
• Middle East Switchgear Market Outlook
• Middle East Switchgear Market Forecast
• Historical Data of Middle East Switchgear Market Revenues for the Period 2015-2018
• Middle East Switchgear Market Size and Market Forecast of Revenues, Until 2025
• Historical Data of Saudi Arabia, UAE and Turkey Switchgear Market Revenues for the Period 2015-2018
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Switchgear Market Revenues until 2025F
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey Switchgear Market Revenues for the Period 2015-2018, By Voltage
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Switchgear Market Revenues until 2025F, By Voltage
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey Switchgear Market Revenues for the Period 2015-2018, By Types
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Switchgear Market Revenues until 2025F, By Types
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey Switchgear Market Revenues for the Period 2015-2018, By Insulation Type
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Switchgear Market Revenues until 2025F, By Insulation Type
• Historical Data of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey Switchgear Market Revenues for the Period 2015-2018, By Applications
• Market Size & Forecast of Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, and Turkey Switchgear Market Revenues until 2025F, By Applications
• Middle East Switchgear Market Drivers
• Middle East Switchgear Market Restraints
• Middle East Switchgear Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Middle East Switchgear Market Share, By Players
• Middle East Switchgear Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Middle East Switchgear Market Report Covered:

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

• By Voltage:
  • Low Voltage (< 1kV)
  • Medium Voltage (1 kV - 36 kV)
  • High Voltage (> 36 kV)
    
    
• By Insulation Type:
  • Medium Voltage
    • AIS
    • Others (GIS etc.)
  • High
    • AIS
    • Others (GIS etc.)
• By Types
  • Low Voltage
    • MCB
    • MCCB
    • ACB
    • Others (C&R, COS, etc.)
      
      
• By Applications
  • Residential
  • Commercial
  • Industrial
  • Power Utilities
  • Others (Transportation etc.)
    
    
• By Countries
  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Oman
  • Bahrain
  • Turkey
  • Rest of Middle East