Market Size of Middle East & Africa Air Insulated Switchgear Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Middle East & Africa Air Insulated Switchgear Market Analysis
The Middle East and Africa air-insulated switchgear market is projected to register a CAGR of over 5% during the forecast period.
- The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels. Over the long term, factors such as increasing investments in transmission and distribution infrastructure are expected to drive the demand for the Middle East and Africa air-insulated switchgear market during the forecast period.
- On the other hand, the adoption of gas-insulated switchgear may restrain the Middle East and African air-insulated switchgear market. Nevertheless, plans to integrate renewable energy with the national grids are expected to create a significant amount of opportunity for the Middle East and Africa air-insulated switchgear market players in the near future.
- South Africa is the fastest-growing country in the Middle East and Africa's air-insulated switchgear market during the forecast period.
Middle East & Africa Air Insulated Switchgear Industry Segmentation
The air-insulated switchgear is a secondary power distribution device. It is a medium-voltage switchgear that redistributes the energy of a primary power distribution device powered by a high-voltage distribution transformer.
The Middle East and Africa air-insulated switchgear market is segmented by voltage, end-user, and geography. By voltage, the market is segmented into low voltage, medium voltage, and high voltage. By end-user, the market is segmented into commercial and residential, power utilities, and industrial sectors. The report also covers the market size and forecasts for the Middle East and Africa air-insulated switchgear market across major countries in the region, such as the United Arab Emirates, Saudi Arabia, South Africa, and the Rest of the Middle East & Africa.
For each segment, the market sizing and forecasts have been done based on revenue (USD billion).
| Voltage | |
| Low Voltage | |
| Medium Voltage | |
| High Voltage |
| End-User | |
| Commercial & Residential | |
| Power utilities | |
| Industrial sector |
| Geography | |
| United Arab Emirates | |
| South Africa | |
| Saudi Arabia | |
| Rest of Middle East and Africa |
Middle East & Africa Air Insulated Switchgear Market Size Summary
The Middle East and Africa air-insulated switchgear market is experiencing a resurgence, having recovered to pre-pandemic levels after the setbacks caused by COVID-19. The market is poised for growth, driven by increased investments in transmission and distribution infrastructure. This growth is further supported by the integration of renewable energy into national grids, which presents significant opportunities for market players. However, the adoption of gas-insulated switchgear poses a potential challenge to the market's expansion. South Africa stands out as the fastest-growing country in this sector, with substantial investments planned to enhance its grid infrastructure and accommodate the rising demand for electricity.
The market's expansion is also fueled by the growing number of high-voltage direct current projects and the modernization of large transmission and distribution networks. Key players in the industry, such as Hitachi Energy Ltd., General Electric Company, Schneider Electric SE, Siemens AG, and Eaton Corporation PLC, are actively involved in various projects and partnerships to advance technology and meet the increasing energy demands. Notable developments include collaborations aimed at substituting greenhouse gases with clean air for insulation in high-voltage switching solutions. These initiatives, along with strategic investments and projects in countries like South Africa, are expected to drive the market forward, despite the challenges posed by alternative switchgear technologies.
Middle East & Africa Air Insulated Switchgear Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Voltage
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2.1.1 Low Voltage
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2.1.2 Medium Voltage
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2.1.3 High Voltage
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2.2 End-User
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2.2.1 Commercial & Residential
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2.2.2 Power utilities
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2.2.3 Industrial sector
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2.3 Geography
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2.3.1 United Arab Emirates
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2.3.2 South Africa
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2.3.3 Saudi Arabia
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2.3.4 Rest of Middle East and Africa
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Middle East & Africa Air Insulated Switchgear Market Size FAQs
What is the current Middle East & Africa Air Insulated Switchgear Market size?
The Middle East & Africa Air Insulated Switchgear Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Middle East & Africa Air Insulated Switchgear Market?
General Electric Company, Schneider Electric SE, Siemens AG, Eaton Corporation PLC and Hitachi Energy Ltd. are the major companies operating in the Middle East & Africa Air Insulated Switchgear Market.
