Market Forecast By Insulation Type (Air Insulated, Gas Insulated, And Others Including Hybrid And Oil), By Voltage (1.1KV – 15KV, 15.1KV – 24KV And 24.1KV – 36KV), By Product Type (ISG (Indoor Switchgear), RMU (Ring Main Unit) And Others (OSG- Outdoor Switchgear, CSS-Compact Sub-Station)), By Verticals (Commercial, Industrial, Power Utilities And Others Including Transportation Infrastructure And Government Building) And Competitive Landscape
Product Code: ETC160202 | Publication Date: Mar 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 8 | |
Bahrain Medium Voltage Switchgear Market report thoroughly covers the market By Insulation types, By Voltages, By Product Types, By Verticals. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Bahrain Medium Voltage Switchgear Market is expected to witness significant growth between 2025 and 2031, with a projected compound annual growth rate (CAGR) of 6%. The growth can be attributed to electricity consumption growth, fast urbanization, and increased industrialization in Bahrain. Additionally, activities such as government programs to promote renewable energy sources, as well as investment in developing infrastructure, are indirectly supporting the growth of the market.
According to 6Wresearch, the Bahrain Medium Voltage Switchgear Market Size is expected to reach a significant CAGR of 6% during the forecast period 2025-2031. The Bahrain Medium Voltage Switchgear Market Growth is mainly driven by the country’s effort to enhance and modernize its power infrastructure. The increasing population, combined with urbanization and industrial growth, has created a rise in consumption for electricity. Given this, there is a need for reliable and efficient electrical systems which can allow this segment of the Bahrain Medium Voltage Switchgear Industry to grow. In addition, programs promoting renewable energy adoption have contributed positively to the demand for next-generation switchgear solutions.
Nevertheless, the market continues to face challenges. The high capital cost associated with smart technology infrastructures for electrical systems acts as a barrier. In addition, the volatility of raw material prices and the global supply chain can affect the cost of production, thus creating problems for producers. However, the outlook is still positive for the Medium Voltage Switchgear Market in Bahrain, since the market is still supported by the government, as well as investments from the private sector.
There are several major trends that are reshaping the outlook of the Medium Voltage Switchgear Market in Bahrain. The trend of moving to digital and smart switchgear solutions is on the rise as the shift towards real-time monitoring and control of electrical systems grows. Several organizations are implementing improvements to their efficiencies and reliability to limit the risk of downtime and operational reliability. There is also a change towards a greener product by the alternative of gas-insulated switchgear products which has lowered the carbon footprint of the electrical grid.Another extraordinarily favorable trend is that there is an increased integration of IoT technologies in switchgear systems. Such advancements allow for predictive maintenance and overall safety, thus enhancing operational efficiencies.
There are many prospects in the market for investing, as Bahrain's industrial and urban footprints keep expanding. Renewable energy projects are especially promising since medium voltage switchgear literally connects renewable energy to the grid. Upgrades to older infrastructure are also on the minds of investors and reveal a wealth of investment opportunities for manufacturers and service entities. As the growth of the Bahrain Medium Voltage Switchgear Market is founded upon national development priorities, returns can be anticipated in the public and private sector.
The Bahraini Medium Voltage Switchgear Market Share is divided among several global and regional players. Significant players in the market include ABB, Schneider Electric, Siemens, and Eaton. These players are focused on research and development to create advanced products that meet the energy needs of Bahrain. By customizing their products, providing after-sales service, and leaning on advanced technologies, these suppliers have achieved their top industry status.
Government regulations have a significant impact on the growth of the Bahrain Medium Voltage Switchgear Market. Bahrain has established initiatives that support enhanced energy efficiency, as well as improving the use of renewable energy. The companies operating within Bahrain are expected to comply with agreed-upon international standards and environmental regulations. Such regulations are key to providing high levels of safety, performance, and efficiency for the industry as a whole. In fact, regulations around standards enhance competition between companies and ensure there is consumer protection.
The Bahrain Medium Voltage Switchgear Industry will maintain steady growth due to technological advancements and a strong national energy policy. Increasing investments in infrastructure development, renewable energy projects, and industrial automation are other drivers. Sustainability and energy transition will be key issues in the adoption of intelligent and environment-friendly switchgear systems in the next couple of years. Thus, there is an optimistic outlook for this sector since market trends are aligned with Bahrain's vision toward economic diversification and technological innovation.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, The gas insulated segment is expected to dominate the global switchgear market from 2025-2031. This can be attributed to the increasing demand for energy-efficient and safe switchgear solutions, as well as the growing adoption of renewable energy sources.
The voltage segment of 1.1KV – 15 KV is expected to dominate the market during the forecast period. This can be attributed to the widespread use of this voltage range in various industries such as oil and gas, manufacturing, and construction.
The ISG (Indoor Switchgear) segment is expected to dominate the market in the coming years. Indoor switchgears are widely used in various industries such as power generation, oil and gas, and manufacturing due to their compact size, high reliability, and safety features.
The industrial segment is expected to dominate the market during the forecast period. The increasing demand for uninterrupted power supply and efficient distribution systems in industries such as oil and gas, manufacturing, and construction are driving the growth of this segment.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Bahrain Medium Voltage Switchgear Market Overview |
3.1 Bahrain Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
3.2 Bahrain Medium Voltage Switchgear Market - Industry Life Cycle |
3.3 Bahrain Medium Voltage Switchgear Market - Porter’s Five Forces |
3.4 Bahrain Medium Voltage Switchgear Market Revenue & Volume Share, By Insulation Types, 2021 & 2031F |
3.5 Bahrain Medium Voltage Switchgear Market Revenue Share, By Product Types, 2021 & 2031F |
3.6 Bahrain Medium Voltage Switchgear Market Revenue & Volume Share, By Voltage, 2021 & 2031F |
3.7 Bahrain Medium Voltage Switchgear Market Revenue Share, By Verticals, 2021 & 2031F |
4. Bahrain Medium Voltage Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Bahrain Medium Voltage Switchgear Market Trends |
6. Bahrain Medium Voltage Switchgear Market Overview |
6.1 Bahrain Country Indicators |
6.2 Bahrain Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.3 Bahrain Medium Voltage Switchgear Market Overview, By Insulation Types |
6.3.1 Bahrain Medium Voltage Switchgear Market Revenue & Volume Share, By Insulation Types, 2021 & 2031F |
6.3.2 Bahrain Medium Voltage Switchgear Market Revenues & Volume, By Insulation Types, 2021-2031F |
6.3.2.1 Bahrain Air Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.3.2.2 Bahrain Gas Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.3.2.3 Bahrain Other Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.4 Bahrain Medium Voltage Switchgear Market Overview, By Voltage |
6.4.1 Bahrain Medium Voltage Switchgear Market Revenue & Volume Share, By Voltage, 2021 & 2031F |
6.4.2 Bahrain Medium Voltage Switchgear Market Revenues & Volume, By Voltage, 2021-2031F |
6.4.2.1 Bahrain 1.1-15 kV Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.4.2.2 Bahrain 9-24 kV Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.4.2.3 Bahrain 25-36 kV Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F |
6.5 Bahrain Medium Voltage Switchgear Market Overview, By Product Types |
6.5.1 Bahrain Medium Voltage Switchgear Market Revenue Share, By Product Types, 2021 & 2031F |
6.5.2 Bahrain Medium Voltage Switchgear Market Revenues, By Product Types, 2021-2031F |
6.5.2.1 Bahrain ISG Market Revenues, 2021-2031F |
6.5.2.2 Bahrain RMU Market Revenues, 2021-2031F |
6.5.2.3 Bahrain Other Medium Voltage Switchgear Market Revenues, 2021-2031F |
6.6 Bahrain Medium Voltage Switchgear Market Overview, By Verticals |
6.6.1 Bahrain Medium Voltage Switchgear Market Revenue Share, By Verticals, 2021 & 2031F |
6.6.2 Bahrain Medium Voltage Switchgear Market Revenues, By Verticals, 2021-2031F |
6.6.2.1 Bahrain Medium Voltage Switchgear Market Revenues, By Commercial Vertical, 2021-2031F |
6.6.2.2 Bahrain Medium Voltage Switchgear Market Revenues, By Industrial Vertical, 2021-2031F |
6.6.2.3 Bahrain Medium Voltage Switchgear Market Revenues, By Power Utilities Vertical, 2021-2031F |
6.6.2.4 Bahrain Medium Voltage Switchgear Market Revenues, By Other Verticals, 2021-2031F |
6.7 Bahrain Medium Voltage Switchgear Market Key Performance Indicators |
6.7.1 Bahrain Government Spending Outlook |
6.7.2 Bahrain Commercial Sector Outlook |
6.7.3 Bahrain Industrial Sector Outlook |
6.7.4 Bahrain Power Sector Outlook |
6.7.5 Bahrain Transportation Infrastructure Sector Outlook |
6.8 Bahrain Medium Voltage Switchgear Market Opportunity Assessment |
6.8.1 Bahrain Medium Voltage Switchgear Market Opportunity Assessment, By Verticals, 2031F |
7. Bahrain Medium Voltage Switchgear Market Opportunity Assessment |
7.1 Bahrain Medium Voltage Switchgear Market Opportunity Assessment, By Countries, 2031F |
7.2 Bahrain Medium Voltage Switchgear Market Opportunity Assessment, By Verticals, 2031F |
8. Bahrain Medium Voltage Switchgear Market Competitive Landscape |
8.1 Bahrain Medium Voltage Switchgear Market Competitive Benchmarking, By Insulation Types |
8.2 Bahrain Medium Voltage Switchgear Market Revenue Share, By Company, 2024 |
9. Company Profiles |
9.1 Schneider Electric SE |
9.2 Siemens AG |
9.3 Eaton Corporation Plc |
9.4 ABB Ltd. |
9.5 Alfanar Group |
9.6 Larsen & Toubro Limited |
9.7 Hitachi Industrial Equipment Systems Co. Ltd.9.8 Lucy Bahrain FZE |
9.9 General Electric Company |
9.10 Al Ahelia Switchgear Co. |
10. Key Strategic Recommendations |
11. Disclaimer |
List of Figures |
Figure 1: Bahrain Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F ($ Million, Thousand Units) |
Figure 2: Bahrain Medium Voltage Switchgear Market Revenue Share, By Insulation Types, 2021 & 2031F |
Figure 3: Bahrain Medium Voltage Switchgear Market Volume Share, By Insulation Types, 2021 & 2031F |
Figure 4: Bahrain Air Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F ($ Million, Units) |
Figure 5: Bahrain Gas Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F ($ Million, Units) |
Figure 6: Bahrain Other Insulated Medium Voltage Switchgear Market Revenues & Volume, 2021-2031F ($ Million, Units) |
Figure 7: Bahrain Medium Voltage Switchgear Market Revenue Share, By Voltage, 2021 & 2031F |
Figure 8: Bahrain Medium Voltage Switchgear Market Volume Share, By Voltage, 2021 & 2031F |
Figure 9: Bahrain Medium Voltage Switchgear Market Revenue Share, By Product Types, 2021 & 2031F |
Figure 10: Bahrain Medium Voltage Switchgear Market Revenue Share, By Verticals, 2021 & 2031F |
Figure 11: Bahrain Medium Voltage Switchgear Market Revenues, By Commercial Vertical, 2021-2031F ($ Million) |
Figure 12: Bahrain Medium Voltage Switchgear Market Revenues, By Industrial Vertical, 2021-2031F ($ Million) |
Figure 13: Bahrain Medium Voltage Switchgear Market Revenues, By Power Utilities Vertical, 2021-2031F ($ Million) |
Figure 14: Bahrain Medium Voltage Switchgear Market Revenues, By Other Verticals, 2021-2031F ($ Million) |
Figure 15: Bahrain Actual Government Spending Vs Actual Government Revenues, 2021-2031F (SAR Trillion) |
Figure 16: Bahrain Government Budget Spending Outlook, 2019E (SAR Billion) |
List of Tables |
Table 1: Upcoming Construction Projects in Bahrain |
Table 2: Bahrain Medium Voltage Switchgear Market Revenues, By Voltage, 2021-2031F ($ Million) |
Table 3: Bahrain Medium Voltage Switchgear Market Volume, By Voltage, 2021-2031F (Units) |
Table 4: Bahrain Medium Voltage Switchgear Market Revenues, By Product Types, 2021-2031F ($ Million) |
Table 5: List of Major Projects Announced in Bahrain |
Table 6: Upcoming Hotel Projects in Bahrain |
Table 7: Bahrain Upcoming Petrochemical Projects |
Table 8: Under Construction Manufacturing Units in Bahrain, Q4 2017 & Q1 2021 |
Table 9: List of Major Infrastructure Projects in Bahrain |