Middle East Distribution Panel Market Detail Analysis focusing on Key Players like Schneider Electric SA, ABB Ltd, Abunayyan Holding, Legrand, Alfanar Group, Hawa Electric Panel Board Factory, EAMFCO, Arabian Gulf Switchgear

The Middle East distribution panel market has lately emerged as the biggest beneficiary of the initiatives rolled out by several countries in the region to provide electricity to some of the off-grid areas located across highly remote zones. A quick surge in the demand for electricity distribution across urban and rural areas alike has further bolstered the need to adopt energy-efficient power supply boards. According to a report published by a regional development bank, the Middle East must spend approximately USD 316 Bn on utilities in the coming five years to meet the growing need for power. Needless to mention, the power requirement in the region would witness a persistent rise in coming years which would add momentum to the Middle East distribution panel industry growth.

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Moreover, a stable increase in urban population in Middle East countries has boosted the demand for reliable electric supply, which has, in turn, augment the Middle East distribution panel market demand. Experts claim that the Middle East is ripe with colossal growth opportunities to boost power generation to aid the region’s discrete economies. With the exponential hike in power demand, IHS expects that the Middle East would require 277 gigawatts of additional capacity to increase installed capacity to 483 gigawatts by 2035.

The Middle East is poised to diversify the energy mix with innovative technologies, such as solar energy, vaulting into the sector. Of late, global economies have increased efforts towards sustainable development and green energy. In view of this, the Middle East has embarked on a journey to add nearly 61 gigawatts of solar power capacity in over a decade, that would further advance the market growth.

Primary energy consumption will further increase by 36% by the end of 2050, largely on account of manufacturing, transport, and construction. Electrification for buildings will continue, while natural gas will be displaced by electricity for households so that 70% of energy consumption in buildings is covered by electricity. The potential increase in power demand for commercial and residential purposes will drive the Middle East distribution panel market.

Kuwait distribution panel market is set to exceed USD 22 million by 2024. Significant rise in the deployment of electrical appliances coupled with rising power consumption will stimulate the industry growth. Increasing demand for HVAC systems across residential establishments will further enhance the business outlook. By 2020, as per declaration of Public Authority for Housing & Welfare, Kuwait has aimed to establish 174,000 residential units.

Commercial distribution panel market will reach over USD 80 million by 2024. Extensive measures by the government authorities for diversification from the oil-based economy toward tourism industry will positively impact the business outlook. In addition, the ongoing construction of net zero buildings to optimize the consumption of electricity will encourage the product penetration.

Developmental initiatives for the expansion of industrial sector will foster the Turkey distribution panel market. Growing construction of manufacturing facilities on account of lucrative industrial policies will positively influence the product adoption. Moreover, government norms to support foreign investments coupled with favorable regulations toward import-export of electrical appliances will further stimulate the industry growth.

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Qatar distribution panel market is anticipated to grow over 6% by 2024. Availability of low cost labor along with high power consumption will complement industry landscape. Moreover, the usage of IoT devices to minimize and monitor the power losses will further encourage the product penetration.

Surface mounted distribution panel market is predicted to expand over 7.5% by 2024. Rapid industrialization coupled with rising investments for refurbishment and retrofitting the ageing network will stimulate the industry growth. Moreover, key features including high efficiency and easy deployment across the hard-poured concrete walls will escalate the product installation.

Notable players across Middle East distribution panel market are Schneider Electric SA, Abunayyan Holding, Legrand, Alfanar Group, ABB Ltd, Hawa Electric Panel Board Factory, EAMFCO, Arabian Gulf Switchgear, Ba`amer Electric and Hager.

Table of Contents:

Chapter 1. Methodology and Scope

1.1. Research methodology

1.2. Market definitions

1.3. Market estimates & forecast parameters

1.4. Data Sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Middle East distribution panel industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Voltage trend

2.1.3. Product trend

2.1.4. End use trend

2.1.5. Regional trends

Chapter 3. Middle East Distribution Panel Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024 (USD Million)

3.3. Industry ecosystem analysis

3.3.1. Vendor Matrix

3.4. Innovation & sustainability

3.5. Regulatory landscape

3.6. Industry impact forces

3.6.1. Growth drivers

3.6.1.1. Growing investments across civil/infrastructure sector

3.6.1.2. Increasing population

3.6.1.3. Rising energy conservation and energy efficiency concerns

3.6.2. Industry pitfalls and challenges

3.6.2.1. Volatile raw material prices

3.7. Growth potential analysis

3.8. Electrical control and distribution board import/export trend

3.9. Transmission and distribution loss trend

3.10. Key customer requirements

3.10.1. Customer group requirements

3.11. Entry barriers

3.12. Porter's analysis

3.13. Competitive landscape

3.13.1. Strategy dashboard

3.14. PESTEL Analysis

Chapter 4. Middle East Distribution Panel Market, By Voltage

4.1. Middle East distribution panel market share by voltage, 2017 & 2024

4.2. Low voltage

4.2.1. Market estimates and forecast, 2013-2024

4.3. Medium voltage

4.3.1. Market estimates and forecast, 2013-2024

Chapter 5. Middle East Distribution Panel Market, By Product

5.1. Middle East distribution panel market share by product, 2017 & 2024

5.2. Flush mount

5.2.1. Market estimates and forecast, 2013-2024

5.3. Surface mount

5.3.1. Market estimates and forecast, 2013-2024

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