The latest research study “UAE Switchgear Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the UAE switchgear market is expected to exhibit a CAGR of 5.06% during 2022-2027.
Switchgear is a device designed to protect, meter, regulate, control, transmit, distribute, and switch on and off an electrical circuit. It is widely used in complex electrical substations to protect electrical appliances from short circuits in a highly volatile environment. Switchgear comprises various components such as switches, fuses, circuit breakers, isolators, relays, current and potential transformers, indicating instruments, lightning arresters, and control panels. It provides isolation of circuits to energized parts of the system, thereby safeguarding the individuals who repair the electrical machine. It also enhances the system availability by allowing more than one source to feed a load.
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UAE Switchgear Market Trends and Drivers:
The UAE switchgear market is primarily driven by its extensive use across residential, commercial, and industrial sectors. The development of new industrial structures, infrastructure development, and establishment of new hotels and business hubs are also fueling the market growth.
Additionally, the rising electricity consumption has led to the development of renewable energy sources, thereby escalating the demand for switchgear across the country. Besides this, governing authorities are extensively investing in bulk power generation plants using onshore and offshore wind, solar and hydro sources, which is increasing the need for transmission and distribution lines.
This, along with the growing installation of smart meters, the surging population, and the availability of low-cost electricity, are creating a positive outlook for the market.
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UAE Switchgear Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The competitive landscape of the industry has also been examined along with the profiles of the key players.
The report has segmented the market on the basis of region, voltage type, insulation, installation and end use.
Breakup by Voltage Type:
Breakup by Insulation:
- Gas Insulated Switchgear (GIS)
- Air Insulated Switchgear (AIS)
Breakup by Installation:
Breakup by End Use:
Breakup by Emirates:
- Abu Dhabi
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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