Press release
Middle East Distribution Panel Market Key player includes Legrand, Schneider Electric SA, Alfanar Group, ABB Limited Abunayyan Holding, EAMFCO, Ba`amer Electric, Hawa Electric Panel Board Factory, Arabian Gulf Switchgear and Hager
Middle East Distribution Panel
Kuwait distribution panel market size will surpass USD 22 million by 2024. Government significant investments to enhance the country’s existing infrastructure along with the installation of sustainable and smart systems will encourage the installation. Rising demand for electrical equipment across public housing will further complement the industry landscape. As per the Public Authority for Housing and Welfare, the country has plans to build 174,000 housing units by 2020.
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Low voltage distribution panel market was valued over USD 35 million in 2017. Improvement in standards of living coupled with government measures to electrify remote off-grid areas will stimulate the business growth. Growing concerns toward voltage fluctuations across small scale industries and households will further complement the industry landscape.
The commercial distribution panel market is projected to surpass USD 80 million by 2024. Regulators extensive measures to strengthen tourism industry in order to move away from oil-based economies will augment the industry landscape. Construction of net zero buildings for optimizing the electricity consumption will further encourage the product adoption.
Ongoing development measures toward the expansion of manufacturing and other industrial sector will drive the Turkey distribution panel market. Favorable industrial norms have attracted various manufacturers across the globe to set up their respective manufacturing facilities which in turn will propel the product demand. In addition, government policies toward export-import along with introduction of framework to encourage foreign investment will further complement the industry outlook.
Qatar distribution panel market is predicted to expand over 6% by 2024. Ongoing investment toward expansion of manufacturing facilities will nourish the business outlook. Furthermore, the adoption of IoT devices to monitor and minimize of power losses will further complement the product adoption.
Surface mounted distribution panel market will grow over 7.5% by 2024. Rising industrialization coupled with surging investments to refurbish existing electricity network will facilitate the business growth. Easy installation and high efficiency across the poured concrete walls will further encourage the product deployment.
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Iraq distribution panel market is anticipated to witness significant growth of over 13% by 2024. Favorable initiatives toward the restructuring and re-establishment of public assets will drive the deployment over the coming years. In 2016, Government of Iraq along with Siemens have signed a Memorandum of Understanding (MoU) with an aim to modernize and strengthen the existing infrastructure.
Middle East distribution panel market research report includes in-depth coverage of the industry with estimates & forecast in terms USD from 2013 to 2024, for the following segments:
Middle East Distribution Panel Market, By Voltage
Low Voltage
Medium Voltage
Middle East Distribution Panel Market, By Product
Flush Mount
Surface Mount
Middle East Distribution Panel Market, By End Use
Residential
Commercial
College/University
Office
Government/Military
Others
Industrial
Power Generation (Thermal)
Chemical
Refinery
Cement
Others
Utility
The above information is provided on a country basis for the following:
Middle East
Saudi Arabia
UAE
Qatar
Kuwait
Bahrain
Oman
Turkey
Egypt
Cyprus
Iraq
Israel
Jordan
Lebanon
Palestine
Syria
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