According to www.techsciresearch.com report “GCC Insulators Market By Rating, By Type, Competition Forecast & Opportunities, 2011 - 2021”, the market for insulators in GCC is forecast to cross US$ 409 million by 2021
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
GCC Insulators Market Forecast 2021 - brochure
1. M a r k e t I n t e l l i g e n c e . C o n s u l t i n g
GCC Insulators Market By Rating, By Type,
Competition Forecast & Opportunities,
2011 - 2021
13. I n d u s t r y B r i e f
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GCC Insulators Market to Reach $ 409 Million by 2021
According to TechSci Research report “GCC Insulators Market By Rating, By Type, Competition Forecast &
Opportunities, 2011 - 2021”, insulators market in GCC is projected to reach US$ 409 million by 2021, on account of
increasing investments in power projects driven by expanding population base, growing manufacturing sector, and
rapid expansion of infrastructure projects such as railways, sea ports, etc. Insulators are widely used in transmission
and distribution networks to prevent energy loss by acting as a barrier between current carrying cables and
supporting towers. Over the next five years, anticipated expansion of transmission and distribution networks in GCC
nations to supply power from source of generation to demand location is projected to drive demand for insulators in
the region.
On the basis of ratings, GCC insulators market is categorized into low voltage insulators, medium voltage insulators
and high voltage insulators. Low voltage insulators segment accounts for the largest share in the region’s insulators
market on account of rapid expansion of low voltage distribution lines to cater to the growing electricity demand
from the residential segment. Saudi Arabia dominates GCC insulators market due to growing housing sector and
increasing inclination of the country to diversify into non-oil sectors such as manufacturing, real estate,
infrastructure, etc. Insulators market in the GCC region is dominated by global electrical equipment manufacturers
such as ABB, NGK insulators and Toshiba Gulf FZE.
“Growing infrastructure developments and increasing focus of GCC nations to develop their manufacturing sector is
projected to boost demand for electricity in the region over the next five years. Moreover, growth of real estate
markets in the region is driven by rapidly growing population base in these countries. In order to cater to rising need
for housing, UAE, Saudi Arabia and Qatar have initiated several housing and real estate projects. Moreover, in order
to address the rising demand for electricity, various major GCC countries have announced massive investments in
power sector projects, particularly in power transmission and distribution segment, which would drive demand for
insulators in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
15. R e p o r t O r d e r i n g
To View Sample OR Purchase Report
Report Price
Report Name: GCC Insulators Market By Rating, By Type, Competition
Forecast & Opportunities, 2011 - 2021
License Type Price
Electronic Access - Single User License $3000
CD-ROM Mail Delivery $3500
Hard Copy Mail Delivery $4000
Electronic Access - Multi-User License $6000
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