Market Forecast By Voltage(Low Voltage Switchgear, Medium Voltage Switchgear, High Voltage Switchgear), By Insulation(Medium Voltage Switchgear(Air Insulated, Gas Insulated), High Voltage Switchgear(Air Insulated, Gas Insulated), By Types(Low Voltage, Medium Voltage), By Applications(Residential, Commercial, Industrial, Power Utilities) And Competitive Landscape
Product Code: ETC001686 | Publication Date: Mar 2020 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kenya Switchgear Market registered a growth of 47.09% in value shipments in 2021 as compared to 2020 and an increase of 5.38% CAGR in 2021 over a period of 2017. In Switchgear Market Kenya is becoming less competitive as HHI index in 2021 was 6770 while in 2017 it was 3619. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Kenya has reportedly relied more on imports to meet its growing demand in Switchgear Market. Kenya is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Switchgear Market in 2021 was 31.7 while in 2017 it was 40.64. China, India, Germany, USA and United Kingdom were among the top players of the market in 2021, where China acquired the largest market share of 82.11% with a shipment value of 11.54 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 58.72% with the shipment value of 4.32 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
Growing construction and infrastructure development projects such as tech cities, railway, and expansion of state & national highways, government initiatives for the development of SEZs in the country to promote the industrial sector along with rising demand for power has fueled the demand for switchgear market in Kenya. Additionally, the growing telecom sector, rising manufacturing industries, as well as expansion of business parks would further boost the market for switchgear in the country.
According to 6Wresearch, Kenya Switchgear Market size is anticipated to register growth during 2020-26. Growing foreign direct investment in the power projects in the country would lead to the development of power plants in the country, resulting in a surge in demand for switchgear market over the forecast period. For instance, Kenya Power under its universal connectivity plan 2020 has received the funding of $30millon from African Development Bank, for the electrification of 600,000 households in the country, which would lead to a surge in the demand for switchgear over the next six years.
Based on the application, the commercial segment acquired the majority of the market share in the overall Kenya switchgear market revenues. Growth in the retail sector, commercial offices, hotels, and hospitals are the major reason for the growth of revenues in this commercial segment in Kenya.
The Kenya Switchgear market report thoroughly covers the market by types, voltage, insulation, applications, and regions. The Kenya Switchgear market outlook report provides an unbiased and detailed analysis of the on-going Kenya Switchgear 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.
Key Highlights of the Report:
Markets Covered
The Kenya Switchgear Market report provides a detailed analysis of the following market segments:
6Wresearch tracks and manages databases of global switchgear market. 6wresearch have been supporting various stakeholders in desigining their entry and growth strategies with the help of robust research and forecasting tools. We have been identifying and tracking various KPIs across major geographies enabling growth projections. With in-house research and data analytics capabilties, 6wresearch delivers actionable insights for companies to make Go/No-Go decisions.
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 Kenya Switchgear Market Overview |
3.1 Kenya Switchgear Market Revenues & Volume, 2016-2026F |
3.2 Kenya Switchgear Market Revenue Share, By Voltage, 2019 & 2026F |
3.3 Kenya Switchgear Market Revenue Share, By Applications, 2019 & 2026F |
3.4 Kenya Switchgear Market Revenue Share, By Regions, 2019 & 2026F |
3.5 Kenya Switchgear Market Industry Life Cycle |
3.6 Kenya Switchgear Market- Porter’s Five Forces, 2019 |
4 Kenya Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Kenya Switchgear Market Trends |
6 Kenya Low Voltage Switchgear Market Overview |
6.1 Kenya Low Switchgear Market Revenues & Volume, 2016-2026F |
6.2 Kenya Low Switchgear Market Revenues & Volume, By Types |
6.2.1 Kenya Low Voltage Switchgear Market Revenues & Volume, By MCB, 2016-2026F |
6.2.2 Kenya Low Voltage Switchgear Market Revenues & Volume, By MCCB, 2016-2026F |
6.2.3 Kenya Low Voltage Switchgear Market Revenues & Volume, By C&R, 2016-2026F |
6.2.4 Kenya Low Voltage Switchgear Market Revenues & Volume, By ACB, 2016-2026F |
6.2.5 Kenya Low Voltage Switchgear Market Revenues & Volume, By COS, 2016-2026F |
6.2.6 Kenya Low Voltage Switchgear Market Revenues & Volume, By Others, 2016-2026F |
7 Kenya Medium Voltage Switchgear Market Overview |
7.1 Kenya Medium Switchgear Market Revenues & Volume, 2016-2026F |
7.2 Kenya Medium Switchgear Market Revenues & Volume, By Types |
7.2.1 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Indoor Switchgear (ISG), 2016-2026F |
7.2.2 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Outdoor Switchgear(OSG), 2016-2026F |
7.2.3 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Others, 2016-2026F |
7.3 Kenya Medium Switchgear Market Revenues & Volume, By Insulation |
7.3.1 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Air Insulated, 2016-2026F |
7.3.2 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Gas Insulated, 2016-2026F |
7.3.3 Kenya Medium Voltage Switchgear Market Revenues & Volume, By Others, 2016-2026F |
8 Kenya High Voltage Switchgear Market Overview |
8.1 Kenya High Switchgear Market Revenues & Volume, 2016-2026F |
8.2 Kenya High Switchgear Market Revenues & Volume, By Insulation |
8.2.1 Kenya High Voltage Switchgear Market Revenues & Volume, By Air Insulated, 2016-2026F |
8.2.2 Kenya High Voltage Switchgear Market Revenues & Volume, By Gas Insulated, 2016-2026F |
8.2.3 Kenya High Voltage Switchgear Market Revenues & Volume, By Others, 2016-2026F |
9 Kenya Switchgear Market Overview, By Applications |
9.1 Kenya Switchgear Market Revenues & Volume, By Residential, 2016-2026F |
9.2 Kenya Switchgear Market Revenues & Volume, By Commercial, 2016-2026F |
9.3 Kenya Switchgear Market Revenues & Volume, By Industrial, 2016-2026F |
9.4 Kenya Switchgear Market Revenues & Volume, By Power Utilities, 2016-2026F |
9.5 Kenya Switchgear Market Revenues & Volume, By Others, 2016-2026F |
10 Kenya Switchgear Market Overview, By Regions |
11 Kenya Switchgear Market Key Performance Indicators |
12 Kenya Switchgear Market Opportunity Assessment |
12.1 Kenya Switchgear Market Opportunity Assessment, By Voltage, 2026F |
12.2 Kenya Switchgear Market Opportunity Assessment, By Applications, 2026F |
13 Kenya Switchgear Market Competitive Landscape |
13.1 Kenya Switchgear Market Revenue Share, By Companies, 2019 |
13.2 Kenya Switchgear Market Competitive Benchmarking, By Operating Parameters |
14 Company Profiles |
15 Strategic Recommendations |
16 Disclaimer |