UAE Switchgear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

UAE Switchgear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A5448
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Market Overview:

The UAE switchgear market is expected to exhibit a CAGR of 5.06% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Switchgear comprises switches, fuses, circuit breakers, isolators, relays, current and potential transformers, indicating instruments, lightning arresters, and control panels, which are used for controlling, regulating, and switching on and off an electrical circuit. It helps protect electrical machines and appliances by interrupting a circuit experiencing overload and enabling current to flow through the unaffected circuit. It also provides isolation of circuits to the part of the system energized, which aids in safeguarding individuals repairing the power equipment. Besides this, as it enhances system availability by allowing more than one source to feed a load, switchgear finds extensive applications in the residential, commercial, and industrial sectors across the United Arab Emirates (UAE).

UAE Switchgear Market Trends:

Rising construction activities, infrastructure development, and the establishment of new hotels and business hubs represent one of the key factors propelling the growth of the market in the UAE. Moreover, governments of several countries in the region are installing transmission lines, undertaking grid expansion activities, adding substations, and expanding the existing ones to connect the upcoming renewable energy and non-conventional fuel-based plants with the transmission grid. They are also focusing on the installation of smart meters, which, in turn, is strengthening the growth of the market. Besides this, governing agencies are investing in the real estate, retail, hospitality, and manufacturing industries to increase their overall non-oil share. This, coupled with the increasing energy consumption rates on account of the surging population and availability of low-cost electricity, is fueling the market growth in the UAE. Apart from this, switchgear offers the swift operation, effective separation, and provision for manual control. These product benefits are anticipated to impel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the UAE switchgear market report, along with forecasts for growth at the region level from 2022-2027. Our report has categorized the market based on voltage type, insulation, installation and end use.

Breakup by Voltage Type:

  • Low-Voltage
  • Medium-Voltage
  • High-Voltage
     

Breakup by Insulation:

  • Gas Insulated Switchgear (GIS)
  • Air Insulated Switchgear (AIS)
  • Others
     

Breakup by Installation:

  • Indoor
  • Outdoor
     

Breakup by End Use:

  • Commercial
  • Residential
  • Industrial
     

Breakup by Emirates:

  • Abu Dhabi
  • Dubai
  • Sharjah
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverages:

Report Features Details
Base Year of the Analysis 2021
 Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Voltage Type, Insulation, Installation, End Use, Emirates
Emirates Covered Abu Dhabi, Dubai, Sharjah
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the UAE switchgear market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the UAE switchgear market?
  • What are the key regional markets?
  • What is the breakup of the market based on the voltage type?
  • What is the breakup of the market based on the insulation?
  • What is the breakup of the market based on the installation?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the UAE switchgear market and who are the key players?
  • What is the degree of competition in the industry?

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UAE Switchgear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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