Middle East Switchgear Market to be Led by Low Voltage Switchgear Segment

The increase in construction projects and the rising electricity demand are likely to propel the Middle East switchgear market during the forecast period.

According to TechSci Research report, “Middle East Switchgear Market - By Country, Competition, Forecast & Opportunities, 2028,” the switchgear market in the Middle East is expected to register a high CAGR in the forecast period. The market is growing since, nowadays, the need for electricity in the industrial and residential sector is increasing quickly. To Fulfill this requirement government is focusing on power generation solutions, these factors are driving the market in the forecast period.

Additionally, smart grid technologies are expected to play a major role in the forecast period of the Middle East switchgear market. Smart grid technologies positively support improving the efficiency and reliability of the power grid, and they can also help to decrease the cost of the overall electricity generation process.

Browse over xx market data Figures spread through 80 Pages and an in-depth TOC on the “Middle East Switchgear Market.”

The Middle East switchgear market is classified by insulation, installation, voltage, current, end user, and country. Based on insulation, the market is bifurcated into air-insulated switchgear, gas-insulated switchgear, and others. Based on installation, the market is segmented into indoor and outdoor. Based on voltage, the market is categorized into low (up to 1 kV), medium (between 1.1 kV and 40 kV), and high (above 40 kV). Based on current, the market is segmented into alternating current (AC) and direct current (DC). Based on end-user, the market is bifurcated into commercial, residential, transmission & distribution utilities, industrial, and others. Based on country, the market is segmented into Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, Israel, Iran, Iraq, and the Rest of the Middle East.

Based on insulation type, the gas-insulated switchgear (GIS) segment is expected to dominate the Middle East switchgear market as they are more dependable, environment-friendly, and flexible compared to air-insulated switchgear (AIS) and require less maintenance and minimal space for conventional substations. In addition, commercial activities are accelerated by the significantly expanding application of insulated switchgear in power transmission and the integration of renewable power generation units into networks. Furthermore, increasing urbanization and industrialization along with various government initiatives to reduce carbon emissions and expansion of power grid will increase the demand for gas-insulated switchgear and this will increase the growth of the switchgear market in the Middle East.

Based on the voltage segment, the low voltage (LV) switchgear segment is predicted to dominate the market for switchgear in the Middle East over the forecast period due to their widespread deployment in the distribution network and high fault tolerance power, and the large-scale government investment in electricity distribution.

In addition, low-voltage circuit breakers are widely used to operate LV-MCCs (Low Voltage Control Centers), low-voltage switchboards, and other branch and power circuits in the residential and commercial sectors. Companies involved in the water treatment, manufacturing, power, petrochemical, pulp and paper, mining and metal, data center, and healthcare industries utilize low-voltage switchgear since electrical equipment can be protected from short circuits and electrical overloads. As a result, the switchgear market in the region is growing with increasing demand for low-voltage switchgear.

Key market players in the Middle East switchgear market include:

         ·         ABB Ltd

         ·         Alstom SA

         ·         Areva Inc

         ·         Crompton Greaves

         ·         General Electric Company

         ·         Hitachi Energy Ltd

         ·         Larsen & Toubro Limited

         ·         Eaton Corporation

         ·         Legrand

         ·         Mitsubishi Electric Corporation

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“The need for high-voltage switchgear is likely to increase in the coming years. The rising demand for electricity in the region and the increasing uptake of renewable energy sources/power energy solutions are aiding this demand. The Middle East switchgear market is now focusing on safety and reliability in the coming years. This focus is being pushed by the increasing number of accidents and outages in the region. Hence, the increasing number of smart Internet of Things (IoT) ready switching devices has led to the development of the switching devices market,” said Mr. Karan Chechi, Research Director at TechSci Research, a research-based global management consulting firm.

Middle East Switchgear Market By Insulation (Air Insulated, Gas Insulated, and Others), By Installation (Indoor, Outdoor), By Voltage, (low (up to 1 kV), medium (between 1.1 kV and 40 kV), and high (above 40 kV)), By Current (Alternating current (AC), Direct Current (DC)), By End User (Commercial, Residential, Transmission & Distribution Utilities, Industrial, and Others), By Country, Competition, Forecast, and Opportunities, 2028 has evaluated the future growth potential of the Middle East switchgear market and provides statistics and information on market structure, size, share, and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities present in the Middle East switchgear market.

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