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Saudi Arabia Switchgear Market

Saudi Arabia is the leading switchgear market in GCC region attributed to large scale investments in power transmission and distribution sector along with regional interconnection of transmission networks. Further, increasing penetration of private players in power sector, growing infrastructure expansion activities in industrial and commercial verticals are some of the factors contributing to the demand for switchgear in the country.

According to research, Saudi Arabia switchgear market is projected to reach $2.9 billion by 2022. The grid strengthening and interconnection of regions which involves establishment of more than 25 substations is likely to fuel the demand for switchgears. High voltage switchgears have acquired highest revenue share owing to increasing need for these in power utility segment. The power utility segment accounted for majority of the revenue share in the Saudi Arabia’s switchgear market. Over the next six years, the commercial and industrial segments are forecast to exhibit strong growth in the market.

Amongst all regions, eastern, central and western regions captured largest revenue shares in the country. During 2016-22, central and western regions are expected to register larger number of switchgear installations.

The report thoroughly covers the market by switchgear types, by voltage, by verticals, and by regions. The report provides unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas, market drivers, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

Key Highlights of the Report
• Market Size & Revenue Forecast of Global Switchgear Market until 2022
• Historical Market Revenue Trends for Saudi Arabia Switchgear Market, 2010 – 2015
• Market Size & Revenue Forecast of Saudi Arabia Switchgear Market until 2022
• Historical Market Volume Trends for Saudi Arabia Switchgear Market, 2010 – 2015
• Market Size & Volume Forecast of Saudi Arabia Switchgear Market until 2022
• Market Volume and Revenue Forecast and Estimations by Types until 2022
• Market Volume and Revenue Forecast and Estimations by Voltage until 2022
• Market Volume and Revenue Forecast and Estimations by Verticals until 2022
• Market Revenue Trends and Forecast by Region until 2022
• Market Dynamics Including Drivers, Restraints, Opportunity for Saudi Arabia Switchgear Market
• Existing Market Trends
• Industry Life Cycle
• Porter’s Five Forces Analysis
• Players Market Share
• Competitive Benchmarking
• Company Profiles
• Key Strategic Pointers

Markets Covered

The report provides the detailed analysis of the following market segments:

* By Switchgear Types:

– Air Insulated Switchgear
– Gas Insulated Switchgear
– Hybrid Switchgear
– Other Switchgear

* By Voltage Types:

– Low (< 1 KV)
– Medium (3 KV – 36 KV)
– High (> 36 KV)

* By Verticals:

– Residential
– Commercial
– Industrial
– Power Utilities
– Infrastructure & Transportation

* By Regions:

– Central
– Eastern
– Western
– Southern

Related Reports: Switchgear Market Research Report

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