This document provides an overview and market analysis of switchgear in GCC countries from 2011 to 2021. It finds that the GCC switchgear market is projected to grow at 6% annually due to rising electricity demand from population growth and infrastructure development. Low voltage switchgear currently dominates the market. The top countries for switchgear demand are Saudi Arabia, UAE, Kuwait, Qatar, Oman, and Bahrain. Increasing renewable energy integration is also expected to support future switchgear market growth in the region.
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
Gcc switchgear market 2011 - 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 Switchgear Market By Type,
By End User, Competition Forecast and
Opportunities, 2011 – 2021
12. I n d u s t r y B r i e f
12
GCC Switchgear Market to Grow at 6%, Says Techsci Research
Growing electricity demand coupled with continuous upgradation of transmission infrastructure to drive switchgear
sales in GCC countries through 2021
According to a recently published report by TechSci Research “GCC Switchgear Market By Type, By End User,
Competition Forecast and Opportunities, 2011 – 2021”, the switchgear market in GCC countries is projected to
grow at a CAGR of over 6% during 2016 – 2021. With growing population and extreme climatic conditions, demand
for electricity in GCC countries is anticipated to grow by 8% per annum until 2021. To address this growing
electricity demand, in addition to replacement of old infrastructure, new power plants are being developed across
the region. Moreover, GCC nations are also increasing their focus on developing their refinery and petrochemical
processing infrastructure. Backed by all these factors, the switchgear market in GCC is anticipated to grow at
healthy growth rate over the next five years.
On the basis of product type, the region’s switchgear market has been segmented into three categories in the
report, low voltage (up to 1 kV); medium voltage (1.1 kV to 40 kV); and high voltage (above 40 kV) switchgear
segments. Among these categories, low voltage segment dominated the overall GCC switchgear market in 2015
where Saudi Arabia dominated the GCC switchgear market amongst all the nations, and the Kingdom is anticipated
to maintain its dominance over the next five years as the country has the largest power generation capacity in
comparison to other GCC countries. In the same year, the second largest demand generator for switchgears in the
region was the UAE, which was followed by Kuwait, Qatar, Oman and Bahrain.
“Abundant availability of solar and wind resources can reduce the dependency of GCC countries on fossil fuel based
power generation, and thereby decrease greenhouse gas emissions, which is a matter of serious concern, globally.
Integration of renewable energy into electric grid will require development of power control system, which is
expected to drive the demand for switchgears in GCC countries over the next five years.”, said Mr. Vipul Tiwari,
Research Consultant with TechSci Research, a research based global management consulting firm.
14. 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 Switchgear Market By Type, By End User, Competition
Forecast and 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 $8000
14