openPR Logo
Press release

GCC Medium Voltage Switchgear Market (2017-2023)

GCC Medium Voltage Switchgear Market (2017-2023)

GCC Medium Voltage Switchgear Market (2017-2023)

Increasing infrastructure development activities, rising commercial sector and large scale investments in the power transmission & distribution network are the major factors that would drive the market of medium voltage switchgear market in GCC region.

According to 6Wresearch, GCC Medium Voltage Switchgear Market is projected to reach $1.4 Billion by 2023. Medium voltage switchgear market in GCC has witnessed robust growth over the past five years due to growing electricity consumption and increasing public and transportation infrastructures in the region. During the forecast period, the market of medium voltage switchgear is expected to rise on the back of expansion of power transmission and distribution network and grid connection across the region.

Download Sample Pages@ tinyurl.com/y6jvpn8y

According to Ravi Bhandari, Assistant Manager, 6Wresearch, in GCC region, power utilities sector has captured major revenue share in the overall market, and is expected to dominate the in the forecast period as well. Demand for medium voltage switchgears in power utilities is anticipated to escalate with setup of new power plants and expanding grid network across the region.

“With upcoming global events like World Expo 2020 in UAE and FIFA World Cup 2022 in Qatar, respective countries are investing heavily for development of public infrastructure and power sector. Focus on diversification of the economy, with heavy investments in non-oil sector to reduce their dependency on oil & gas sector is further expected to drive the medium voltage switchgear market in the GCC,” Ravi further added.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, “although, medium voltage switchgear with voltage rating 11KV and 33 KV are the main drivers of the market in GCC, but segment with voltage rating of 22KV is registering demand in countries such as UAE and Qatar. The vision of each GCC member aiming to increase the renewable energy share would also increase the market for medium voltage switchgear in the GCC region,” Anuj Concluded.

Some of the major Comapanies in GCC Medium Voltage Switchgear market Include ABB, Schneider Electric, Siemens, Al Ahliea Switchgears, Al Hasan, Hyosung Corporation, Eaton Corporation etc.

“GCC Medium Voltage Switchgear Market (2017–2023)” report provides in-depth analysis with 185 figures and 13 tables covered in more than 230 pages. The report estimates and forecast the overall GCC Medium Voltage Switchgear Market by insulation, application and country. The report also gives the insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

For more details visit :
www.6wresearch.com/market-reports/gcc-medium-voltage-swit...

ABOUT US :
6Wresearch is the premier, one-stop market intelligence and advisory center, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into particular geography.

Contact Us :
Visit our Website: www.6wresearch.com
Email: sales@6wresearch.com
Phone: +911143024305

Contact Us :
Visit our Website: www.6wresearch.com
Email: sales@6wresearch.com
Phone: +911143024305

1107-1108 Pearls Best Height Tower-1 Netaji Subhash Place

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GCC Medium Voltage Switchgear Market (2017-2023) here

News-ID: 1675969 • Views: 131

More Releases from 6Wresearch- Market Intelligence Solutions

India Building Automation and Control Market (2017-23)
Market Forecast by Types (HVAC (Thermostat Controller, Zone & Climate Control, Temperature Sensor and Others), Lighting & Control System (Relay System & Controllable Breaker, Sensors & Dimming Systems and Others), Safety & Security System (Video Surveillance Systems, Access Control Systems, Intrusion Detection Systems and Fire & Safety Equipment) and Others), Verticals (Government & Transportation, Retail, Commercial Offices, Residential, Healthcare & Hospitality and Others), Regions (Northern, Eastern, Western and Southern) and
India Dishwasher Market (2018-2024)
Market Forecast By Type (Free-Standing and Built-in), By Applications (Residential and Commercial), By Distribution Channels (Multi Branded Stores, Exclusive Stores and Others), By Regions (Northern, Eastern, Western and Southern) and Competitive Landscape. India dishwasher market is exhibiting a steady growth within the country. Currently, the market is categorized as a niche segment, however, with growing product awareness amongst consumers, the market is anticipated to gain acceleration over the coming years. Increasing
Australia UPS Systems Market (2018-2024)
Market Forecast By KVA Ratings (Up to 1 KVA, 1.1-5 KVA, 5.1-20 KVA, 20.1-50 KVA, 50.1-200 KVA and Above 200 KVA), By Applications (Residential, Industrial and Commercial including Offices, Healthcare, BFSI, Hospitality, Education, Data Center and Others), By Regions (New South Wales, Southern Australia, Western Australia, Queensland, Tasmania, Victoria and Northern Territory Australia) and Competitive Landscape. According to 6Wresearch, Australia UPS Market Size is projected to grow at a CAGR of
India Diesel Generator Rental Market (2017-2023)
Market Forecast By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA and Above 1000 kVA), By Applications (Mining, Oil & Gas and Power Utilities, Commercial including Hospitality, BFSI, IT & ITES, Manufacturing, Telecom, Residential and Others including Government, Education, Transportation and Defense), By Countries (South Africa, Angola, Kenya, Nigeria, Egypt, Uganda, Ghana, Algeria, Tanzania and Rest of Africa including Libya, Sudan, Morocco and Cameroon)

All 5 Releases


More Releases for GCC

GCC Digital Signage Market-(2017-2023)
Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrain
MEED Insights: GCC Projects Outlook Report 2018
The market has been in freefall for more than two years. It’s never been more important for companies to have concise, accurate and comprehensive market intelligence than today. GCC Projects Outlook 2018 evaluates this new market and highlights the markets, sectors and projects presenting the best growth opportunity. It provides critical data to help you make key business decisions and inform your strategy. Using data from more than 15,000 live projects, this
Changing Dynamics of GCC Fertilizer Industry
Market Insights The changing dynamics of the GCC Fertilizers Market include rising population, falling commodity prices globally, and intense competition from abroad. In 2016, GCC fertilizer sales declined by 21%, to USD 5.2 billion. The same scenario was noted in 2015, wherein, the sales revenue dropped by 10%. The report provides a detailed analysis of the GCC fertilizer market, which is broadly segmented based on type and geography. Based on the type,
GCC Renewable Energy Sector Opportunity Analysis
The world’s largest producer of oil and gas is finding it increasingly difficult to suffice its own needs. An unprecedented increase in population and growth in industrial and economic activity has triggered newfound interest in renewable energy development for six major Middle Eastern economies. Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman, together knows as the Gulf Cooperation Council, have turned their focus towards the exploitation of renewable sources of
Emerging Renewable Energy Implementation in GCC
GCC region is shifting focus from its most prized asset, hydrocarbons. Oil and gas, though, still dominates the trade in and out of the GCC Region but it is looking to develop its renewable sources of energy as well. All the GCC countries have started to take the renewable energy way, contrary to their most important possession, non renewable (Hydrocarbons). The growing economy with growing population has affected a growth
Processed Meat Market - GCC Industry Analysis 2024
GCC Processed Meat Market: Snapshot The processed meat market in the GCC is primarily driven by the busy lifestyles of consumer in the region over the years. This has caused people to opt for ready-to-consume food items or those that can be served in a short span of time. Aggressive marketing strategies by manufacturers and increased investments in advertising are also responsible for the growing demand for processed meat in the GCC.