Market Forecast By Type (Traditional electrical switch, Smart electrical switch ), By End-Users (Commercial, Residential, Other) And Competitive Landscape
Product Code: ETC018420 | Publication Date: Oct 2020 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Electric Switches Market report thoroughly covers the market by type and by end users. The market outlook 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) Electric Switches Market is estimated to gain traction in the country underpinned by the rising adoption of smart switches that offer convenience and can control remotely through smartphones. Additionally, a continuous innovation into electrical switches with the integration of technologies like IoT, and cloud computing allow for real-time monitoring, save energy consumption, and maintain sustainability is one of the great opportunity for the market expansion. Additionally, the companies are focusing on developing weather-resistant switches for outdoor installations that can cope up with country harsh climate conditions suitable for outdoor installations due to Dubai's harsh climate conditions is estimated to leave favourable impact on the United Arab Emirates (UAE) Electric Switches Market growth.
United Arab Emirates (UAE) Electric Switches Market is estimated to witness a tremendous growth in the coming years underpinned by the increasing investments in residential and construction sectors and increasing energy-efficient electric switched demand to reduce the optimization cost. Additionally, smart cities buildings constructions have been burgeoning the smart el electric switches demand integrated with advanced technologies like IoT and cloud computing that offer real time monitoring, voice commanding, and many other features. This factor is estimated to be a great opportunity for the market expansion.
According to 6Wresearch, the United Arab Emirates (UAE) Electric Switches Market size is estimated to surge in the coming years during 2020-2026. The market has been driven by the rising population growth lead to increase residential sector development, which will drive the electric switches installation need. Furthermore, eco-friendly electrical switches are gaining popularity in the market with the rising environmental concerns, these switches tend to reduce energy consumption lead to low emission of GHG. On the other hand, high competition and offering of counterfeiting products are some constraints that can hamper the market growth. However, key giants in the market collaborating with research companies to introduce more innovative range of electrical products that ensure low energy use while providing convenience. This factor is estimated to burgeon the growth of the United Arab Emirates (UAE) Electric Switches industry.
The pandemic had influenced the United Arab Emirates (UAE) Electric Switches Market adversely in the country. With the complete lockdown and travel restrictions, products demand was reduced and resulted in unavailability of the products. In addition to this, people were only spending on the essential products, hence the demand non-essential products including electric switches were reduced. These factors declined the United Arab Emirates (UAE) Electric Switches Market share at a significant rate.
Some major players shaping the market growth are mentioned below:
According to Dhaval, Research Manager, 6wresearch, the smart electric switches are anticipated to register a sound growth of the United Arab Emirates (UAE) Electric Switches Market which is a part of the Middle East electric switch market, underpinned by the rising automation and convenience across the sectors such as residential and commercial, which drive the demand of advanced electric switches.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Electric Switches Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, 2019 & 2026F |
3.3 United Arab Emirates (UAE) Electric Switches Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Electric Switches Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
4 United Arab Emirates (UAE) Electric Switches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Electric Switches Market Trends |
6 United Arab Emirates (UAE) Electric Switches Market, By Types |
6.1 United Arab Emirates (UAE) Electric Switches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Traditional electrical switch, 2016 - 2026F |
6.1.4 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Smart electrical switch , 2016 - 2026F |
6.2 United Arab Emirates (UAE) Electric Switches Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.3 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Residential, 2016 - 2026F |
6.2.4 United Arab Emirates (UAE) Electric Switches Market Revenues & Volume, By Other, 2016 - 2026F |
7 United Arab Emirates (UAE) Electric Switches Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Electric Switches Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Electric Switches Market Imports from Major Countries |
8 United Arab Emirates (UAE) Electric Switches Market Key Performance Indicators |
9 United Arab Emirates (UAE) Electric Switches Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Electric Switches Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 United Arab Emirates (UAE) Electric Switches Market Opportunity Assessment, By End-Users, 2019 & 2026F |
10 United Arab Emirates (UAE) Electric Switches Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Electric Switches Market Revenue Share, By Companies, 2019 |
10.2 United Arab Emirates (UAE) Electric Switches Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |