Middle East Low Voltage Switchgear Market (2019-2025)
Market Forecast By Voltage (250 Volts, 251-750 Volts and 750 Volts), By Applications (Commercial, Residential, Industrial, Power Utilities and Others), By Types (MCB, MCCB, ACB, RCD, Switch Disconnectors, Power & Distribution Enclosures, Contractors & Overload Protection Devices, Surge Protection Devices and Others including MPCB), By Countries (UAE, Saudi Arabia, Bahrain, Kuwait, Qatar, Oman, Egypt, Iran and Rest of Middle East including Lebanon, Jordan and Iraq) and Competitive Landscape.
According to 6Wresearch, Middle East low voltage switchgear market size is projected to grow at a CAGR of 3.3% during 2019-25. The commercial segment is expected to witness the highest growth in future due to increasing government initiatives to strengthen the non-oil sector and diversify the economy by building new hotels, resorts, museums, hospitals and tourism related infrastructure. These factors would translate into an increase in the Middle East low voltage switchgear market share in the commercial domain.
UAE, Saudi Arabia and Qatar are the key revenue generators in the overall Middle East low voltage switchgear market. Development projects in the hotels, stadiums, airports and railways segments continue to play an important role in increasing the demand for low voltage switchgears in these regions. Further, recovering investors’ confidence due to stabilizing oil prices would also lead to considerable infrastructural development and economic growth in these countries over the coming years as well.
Market Reports : https://www.6wresearch.com/market-reports/middle-east-low-voltage-switchgear-market-2019-2025-lvs-forecast-by-voltage.html
Press Release : https://www.6wresearch.com/press-releases/middle-east-low-voltage-switchgear-market-lvs-share-forecasts-size-growth-opportunity.html
Other Key Available Reports Include:
Saudi Arabia Low Voltage Switchgear Market Report
UAE Low Voltage Switchgear Market Report
Bahrain Low Voltage Switchgear Market Report
Qatar Low Voltage Switchgear Market Report
Oman Low Voltage Switchgear Market Report
Kuwait Low Voltage Switchgear Market Report
Egypt Low Voltage Switchgear Market Report
Iran Low Voltage Switchgear Market Report
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