UAE Medium Voltage Switchgear Market Outlook (2019-2025) | Size, Share, Trends, Revenue, Forecast, Analysis, industry, Outlook & COVID-19 IMPACT

UAE Medium Voltage Switchgear Market report thoroughly covers the market by insulation type, voltage, product type, and verticals. The market 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.

Latest 2023 Development of the UAE Medium Voltage Switchgear Market

The UAE medium voltage switchgear market is undergoing a number of developments. Here are some of the developments ongoing in the market:

• Rising demand for renewable energy: The government of the country has set a target of producing 50% of its energy from renewable sources in the future, which is driving the medium voltage switchgear demand in the country.
• Growing investments in infrastructure: The government of the country is investing in infrastructure projects, like the construction of smart cities, which are stimulating the demand for medium voltage switchgear.
• Adoption of virtual technologies: The nation is adopting virtual technologies in many markets, including the energy market, which in turn, is leading to the development of innovative medium voltage switchgear with features like remote monitoring as well as predictive maintenance.
• The emergence of advanced grids: The nation has been working on the development of advanced grids, which need advanced medium voltage switchgear in order to manage the electricity flow.
• Introduction of new products: Many companies working in the country’s medium voltage switchgear market are introducing new products and they are trying to launch new products with advanced features, like integrated arc fault protection as well as higher efficiency.
• Overall, the Medium Voltage Switchgear Market in UAE is anticipated to continue rising in the near future, driven by factors like the growing demand for renewable energy, rising infrastructure development, as well as the adoption of virtual technologies.

UAE Medium Voltage Switchgear Market Synopsis

The UAE medium Voltage switchgear market is expected to witness healthy growth in the forecast period on account of the expansion of public transportation infrastructure, the upcoming World Expo 2020, and the strengthening power sector. Further, the outbreak of the COVID-19 pandemic also resulted in the slowdown of the market in 2020.

According to 6Wresearch, UAE Medium Voltage Switchgear Market size is expected to grow at a CAGR of 0.3% during 2019-25. The increasing investment in the power sector of the country is also likely to drive the market of medium voltage switchgear in the country. For instance, UAE is expected to invest approximately $33 billion in the power sector of the country. Moreover, the country’s Energy Strategy 2050 would also further create additional demand for switchgear in the country.

Market Analysis By Insulation Types

In the case of insulation types, Gas-insulated switchgear accounted for the majority of the revenue share in the overall UAE medium voltage switchgear market followed by the Air-insulated switchgear type in 2019.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

 

Key Highlights of the Report:

• UAE Medium Voltage Switchgear Market Overview
• UAE Medium Voltage Switchgear Market Outlook
• UAE Medium Voltage Switchgear Market Size and the UAE Medium Voltage Switchgear
• Market Forecast until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues and Volume for the Period 2015-2018
• Market Size & Forecast of Medium Voltage Medium Voltage Switchgear Market Revenues and Volume until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues and Volume for the Period 2015-2018
• Market Size & Forecast of UAE Medium Voltage Switchgear Market Revenues and Volume until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues and Volume, by Insulation Types, for the Period 2015-2018
• Market Size & Forecast of UAE Medium Voltage Switchgear Market Revenues and Volume, by Insulation Types, until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues and Volume, by Voltage, for the Period 2015-2018
• Market Size & Forecast of UAE Medium Voltage Switchgear Market Revenues and Volume, by Voltage, until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues, by Product Types, for the Period 2015-2018
• Market Size & Forecast of UAE Medium Voltage Switchgear Market Revenues, by Product Types, until 2025
• Historical Data of UAE Medium Voltage Switchgear Market Revenues, by Verticals, for the Period 2015-2018
• Market Size & Forecast of UAE Medium Voltage Switchgear Market Revenues, by Verticals, until 2025 UAE Medium Voltage Switchgear Market Trends
• UAE Medium Voltage Switchgear Market - Industry Life Cycle
• UAE Medium Voltage Switchgear Market – Porter’s Five Forces
• Market Opportunity Assessment
• UAE Medium Voltage Switchgear Market Shares, By Company
• Market Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

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

By Insulation Types:

• Air Insulated
• Gas Insulated
• Others (Hybrid, Oil)

By Voltages:

• 1.1KV – 15KV
• 15.1KV – 24KV
• 24.1KV – 36KV

By Product Types:

• ISG (Indoor Switchgear)
• RMU (Ring Main Unit)
• Others (OSG- Outdoor Switchgear, CSS-Compact Sub-Station)

By Verticals:

• Commercial
• Industrial
• Power Utilities
• Others (Transportation Infrastructure, Government Building, etc.)