Switchgear Market in GCC Will Grow at a CAGR of Over 6% During 2016 - 2021

Dublin, Columbus, April 29, 2016 (Newswire.com) - Per capita electricity consumption in GCC countries stands at around 10.29 megawatt hour, which is about three times the global average. Major reasons behind high per capita consumption of electricity include high dependence on electric appliances, especially air conditioners, due to hot climatic conditions; and increasing water desalination owing to lack of naturally available potable water in GCC countries. Desalination of sea water, which is an energy intensive process, has become imperative in GCC nations to address the growing water requirement of the regions expanding population. Growing demand for electricity is leading to development and expansion of power infrastructure, which requires installation of switchgears in the electricity network. Moreover, GCC nations are increasing their focus on developing refinery and petrochemical processing infrastructure, which would require strengthening electrical infrastructure as well, including building new power plants and transmission & distribution networks. These factors are expected to significantly augment demand for switchgears in the region over the next five years.

According to GCC Switchgear Market By Type, By End User, Competition Forecast and Opportunities, 2011 2021, the switchgear market in GCC is projected to grow at a CAGR of over 6% during 2016 - 2021. On the basis of product type, the market has been segmented into three categories, low voltage (up to 1 kV); medium voltage (1.1 kV to 40 kV); & high voltage (above 40 kV). Among these categories, low voltage (up to 1 kV) segment dominated the overall GCC switchgear market in 2015. The segment is anticipated to maintain its dominance over the next five years as low voltage switchgears are cheaper as compared to medium and high voltage switchgears and majority of the consumers are residential users. Few of the leading players operating in the GCC switchgear market include ABB Electrical Industries Co. Ltd., Schneider Electric, and General Electric, among others. GCC Switchgear Market By Type, By End User, Competition Forecast and Opportunities, 2011 2021 discusses the following aspects related to switchgear market in the GCC region:

GCC Switchgear Market Size, Share & Forecast

Segmental Analysis By Type (Low Voltage (Up to 1 kV); Medium Voltage (1.1 kV to 40 kV); & High Voltage (Above 40 kV)), and By End Use (Utilities, Residential, Industrial & Others)

Regional Analysis Saudi Arabia, the UAE, Kuwait, Qatar, Oman & Bahrain

Policy & Regulatory Landscape

Changing Market Trends & Emerging Opportunities

Competitive Landscape & Strategic Recommendations

View full Report @    http://www.jsbmarketresearch.com/energy-utilities/r-GCC-Switchgear-Market-240288

Report Methodology

The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with switchgear companies, manufacturers and suppliers, and other stakeholders in GCC countries. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and other proprietary databases.

Table of Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Global Switchgear Market Overview

5. GCC Power Sector Overview

6. GCC Switchgear Market Outlook

6.1. Industry Structure and Stakeholders

6.2. Market Size & Forecast

6.2.1. By Value

6.2.2. By Volume

6.3. Market Share & Forecast

6.3.1. By Type (Low Voltage (Up to 1 kV); Medium Voltage (Between 1.1 kV and 40 kV); & High Voltage (Above 40 kV))

6.3.2. By Country

6.3.3. By Company

6.3.4. By End User (Utilities, Residential, Industrial & Others)

7. GCC Low Voltage Switchgear Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2. Market Share & Forecast

7.2.1. By Company

7.2.2. By End User (Utilities, Residential, Industrial & Others)

7.2.3. By Country

8. GCC Medium Voltage Switchgear Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

Related Reports 

http://www.jsbmarketresearch.com/retail/r-India-Oral-Care-Products-Market-240292

http://www.jsbmarketresearch.com/construction/r-vacuum-insulation-panels-market-240974

http://www.jsbmarketresearch.com/energy-utilities

About JSB Market Research -

JSB market research is amongst the best online Market Research companies providing the most significant online database of various industry research reports and services. This online portal contains high-quality market research reports with well-researched content on a wide range of industries. We specialize in providing the best market research reports for various industries.

Contact Details:

JSB Market Research

Phone: +91 - 998 729 5242

Email - [email protected]

Blog: http://www.jsbmarketresearch.com/blog/

Website:  http://www.jsbmarketresearch.com

Source: JSBMarketResearch