Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others ) , By Application (Residential, Commercial, Industrial, Power Utilities & Others)),Medium Voltage(By Application(Residential, Commercial, Industrial, Power Utilities &Others), By Insulation Type(Air Insulated Switchgear & Other Insulated Switchgear)), High voltage Switchgear (By Application(Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications(Residential, Commercial, Industrial, Power Utilities & others ) And Competitive Landscape.
Product Code: ETC001490 | Publication Date: May 2022 | Updated Date: Nov 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates Switchgear Market registered a growth of 8.23% in value shipments in 2021 as compared to 2020 and a decrease of -2.84% CAGR in 2021 over a period of 2017. In Switchgear Market United Arab Emirates is becoming less competitive as HHI index in 2021 was 1215 while in 2017 it was 1076. 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.
United Arab Emirates has reportedly relied more on imports to meet its growing demand in Switchgear Market. UAE 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 1.96 while in 2017 it was 2.68. China, Germany, USA, Bulgaria and United Kingdom (UK) were among the top players of the market in 2021, where China acquired the largest market share of 30.48% with a shipment value of 49.13 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 26.47% with the shipment value of 45.54 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.
United Arab Emirates (UAE) Switchgear Market is projected to grow over the coming year. Nigeria Switchgear Market report is a part of our periodical regional publication Middle East Switchgear Market outlook report. 6W tracks Switchgear market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Switchgear Market outlook report annually.
United Arab Emirates (UAE) Switchgear Market report comprehensively covers the market by Voltage, Types, application and Insulation. 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.
United Arab Emirates (UAE) Switchgear Market Synopsis
United Arab Emirates (UAE) Switchgear Market is anticipated to project growth during the forecast years on account of growing population. Rising infrastructure development backed by the rising need to minimize electric failures and power blackout is driving the UAE Switchgear Market Growth. Additionally, smart grid projects and inclination towards the development of renewable power grid is one of the key factors driving the development of the market. Various events such as World Expo 2020 in Dubai will increase the electricity demand during the coming future.
According to 6Wresearch, United Arab Emirates (UAE) Switchgear Market size is projected to register growth during 2022-2028. Newly proposed methods for high voltage are also proliferating the development of the market. On-going smart grid projects coupled with rising inclination towards renewable power infrastructure is propelling the growth of the market. However, the outburst of coronavirus pandemic is expected to hamper the growth of the market owing to partial or complete lockdown in the country. The health emergency led to slow down of the economic growth further declined the development of the market.
Market Analysis by Voltage
On the basis of voltage, the high voltage sector is expected to register growth during the upcoming years on account of growing usage in power plants.
Key Attractiveness of the Report
Key Highlights of Switchgear Report
Market Scope and Segmentation
The 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. United Arab Emirates Switchgear Market Overview |
3.1 United Arab Emirates Switchgear Market Revenues (2018-2028F) |
3.2 United Arab Emirates Switchgear Market - Industry Life Cycle, 2021 |
3.3 United Arab Emirates Switchgear Market - Porter’s Five Forces |
3.4 Impact Analysis of Covid-19 on United Arab Emirates Switchgear Market |
4. United Arab Emirates Switchgear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. United Arab Emirates Switchgear Market Trends |
6. United Arab Emirates Low Voltage Switchgear Market Overview |
6.1 United Arab Emirates Low Voltage Switchgear and Panels Market Revenues (2018-2028F) |
6.2 United Arab Emirates Low Voltage Switchgear Market Overview, By Types |
6.2.1 United Arab Emirates Low Voltage Switchgear Market Revenue Share, By Types (2021 & 2028F) |
6.2.2 United Arab Emirates Low Voltage Switchgear Market Revenues, By Types (2018-2028F) |
6.3 United Arab Emirates Low Voltage Switchgear Market Overview, By Applications |
6.3.1 United Arab Emirates Low Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
6.3.2 United Arab Emirates Low Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
7. United Arab Emirates Medium Voltage Switchgear Market Overview |
7.1 United Arab Emirates Medium Voltage Switchgear Market Revenues (2018-2028F) |
7.2 United Arab Emirates Medium Voltage Switchgear Market Overview, By Insulation Types |
7.2.1 United Arab Emirates Medium Voltage Switchgear Market Revenue Share, By Insulation Types (2021 & 2028F) |
7.2.2 United Arab Emirates Medium Voltage Switchgear Market Revenues, By Insulation Types (2018-2028F) |
7.3 United Arab Emirates Medium Voltage Switchgear Market Overview, By Applications |
7.3.1 United Arab Emirates Medium Voltage Switchgear Market Revenue Share, By Applications (2021 & 2028F) |
7.3.2 United Arab Emirates Medium Voltage Switchgear Market Revenues, By Applications (2018-2028F) |
8. United Arab Emirates High Voltage Switchgear Market Overview |
8.1 United Arab Emirates High Voltage Switchgear Market Revenues (2018-2028F) |
8.2 United Arab Emirates High Voltage Switchgear Market Overview, By Insulation Types |
8.2.1 United Arab Emirates High Voltage Switchgear Market Revenue Share, By Insulation (2021 & 2028F) |
8.2.2 United Arab Emirates High Voltage Switchgear Market Revenues, By Insulation (2018-2028F) |
8.3 United Arab Emirates High Voltage Switchgear Market Overview, By Application Types |
8.3.1 United Arab Emirates High Voltage Switchgear Market Revenue Share, By Application Types (2021 & 2028F) |
8.3.2 United Arab Emirates High Voltage Switchgear Market Revenues, By Application Types (2018-2028F) |
9. United Arab Emirates Switchgear Market Overview, By Applications |
9.1 United Arab Emirates Switchgear Market Revenues, By Residential Application (2018-2028F) |
9.2 United Arab Emirates Switchgear Market Revenues, By Commercial Application (2018-2028F) |
9.3 United Arab Emirates Switchgear Market Revenues, By Industrial Application (2018-2028F) |
9.4 United Arab Emirates Switchgear Market Revenues, By Power Utilities Application (2018-2028F) |
9.5 United Arab Emirates Switchgear Market Revenues, By Other Application (2018-2028F) |
10. United Arab Emirates Switchgear Market Key Performance Indicators |
11. United Arab Emirates Switchgear Market Opportunity Assessment |
11.1 United Arab Emirates Switchgear Market Opportunity Assessment, By Voltage (2028F) |
11.2 United Arab Emirates Switchgear Market Opportunity Assessment, By Applications (2028F) |
12. United Arab Emirates Switchgear Market Competitive Landscape |
12.1 United Arab Emirates Switchgear Market Revenue Share, By Voltage, By Company (2021) |
12.2 United Arab Emirates Switchgear Market Competitive Benchmarking, By Technical Parameters |
12.3 United Arab Emirates Switchgear Market Competitive Benchmarking, By Operational Parameters |
13. Company Profiles |
14. Key Strategic Recommendations |
15. Disclaimer |
Market Forecast By Voltage (Low Voltage (By Type (MCB, MCCB, ACB & Others ) , By Application (Residential, Commercial, Industrial, Power Utilities & Others)),Medium Voltage(By Application(Residential, Commercial, Industrial, Power Utilities &Others), By Insulation Type(Air Insulated Switchgear & Other Insulated Switchgear)), High voltage Switchgear (By Application(Residential, Commercial, Industrial, Power Utilities & Others)), By Insulation Type (Air Insulated Switchgear, Other Insulated Switchgear)), By Applications(Residential, Commercial, Industrial, Power Utilities & others ) And Competitive Landscape.
Product Code: ETC001490 | Publication Date: Dec 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 45 | No. of Tables: 1 |
The development of smart grids and the establishment of nuclear and solar power plants would spur the market growth of switchgear in the UAE. Additionally, due to rising electricity demand in commercial, industrial, and residential sectors, the country’s power infrastructure is expanding and this would act as one of the key drivers for the growth of the UAE switchgear market.
According to 6Wresearch, the United Arab Emirates Switchgear Market size is projected to grow at a CAGR of 1.6% during 2019-2025. The commercial and industrial sectors are the highest revenue-generating sectors due to increasing constriction activities associated with the building of new hotels, resorts, museums, hospitals, and tourism-related infrastructure. Along with this, the government’s focus on providing adequate power infrastructure and efficient quality of power would also boost the market growth over the coming years
Low voltage switchgear is the highest revenue-generating segment due to government initiatives to reduce dependency on the oil sector, increasing investment in infrastructure development, and strengthening of public service sectors. Dubai Creek Harbour, Dubai Investment Park, Dubai Exhibition City, Deira Islands are few of the upcoming projects in UAE, which would increase the switchgear market growth.
UAE switchgear market report thoroughly covers the market by voltage and applications. UAE switchgear market outlook report provides an unbiased and detailed analysis of the on-going United Arab Emirates 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 United Arab Emirates switchgear market report provides a detailed analysis of the following market segments:
Other Key Reports Available: