EGYPT MEDIUM VOLTAGE SWITCHGEAR MARKET

Egypt medium voltage switchgear market is estimated to experience substantial CAGR during the forecast years driven by rising electricity demand and a surge in renewable energy sources.

Major Market Drivers and Emerging Trends

Electricity consumption per capita in Egypt increased by 54% in 2022 from 2000. Egypt medium voltage switchgear market size is expected to be fueled by increasing power demand due to a rising population. These devices primarily aim to minimize electrical failures and mitigate the effects of faulty currents flowing through the circuit. Growing urbanization and industrialization in the country have driven up electricity demand which prompts investments in robust power distribution systems.

Egypt medium voltage switchgear market forecast rapid growth driven by industrialization that results in more factories and consequently higher electricity demand for powering them. This creates a demand for medium-voltage switchgear to deliver electricity to different industries and facilities. Additionally urbanization involves the construction of residential and commercial buildings that require electricity for many applications. Furthermore, the growing population and improved living conditions have led to a rise in electricity demand which in turn drives the need for more medium-voltage switchgear.

 Egypt medium voltage switchgear market outlook indicates positive growth driven by continuous smart grid advancements and an increase in renewable energy sources. As renewable energy continues to advance there is a growing need to implement smart grids for efficient integration into the current electricity supply system. The country is modernizing its electrical transmission and distribution systems through smart grids which results in an increased demand for devices including switchgear that control power supply.

Egypt is in pursuit of its ambitious plans to promote renewable energy thus the demand for highly efficient and dependable medium voltage switchgear which connects renewable sources to the electricity grid is rising significantly. In 2022, renewable energy contributed more than 12 percent to overall power generation. This will also be amplified by the significant investments being made in renewable energy initiatives. In December 2022, Siemens AG signed a contract to create a distribution management framework and enhanced metering system for the North Delta Electricity Distribution Company in Egypt. This upgrading initiative encompasses the construction of a medium voltage distribution management control hub along with an advanced metering solution for the Damietta district.

Based on the application the market covers segments like transmission & distribution utilities, commercial and residential, among others. The T&D utility holds the largest market share with transmission and power utility lines playing a crucial role in delivering energy for residential and commercial & industrial purposes. These power and transmission systems control and regulate the safe distribution of electricity to end users. Important factors also include rising investments aimed at modernizing outdated infrastructure, an increasing demand for dependable electricity distribution along with efforts to incorporate renewable energy.

There is a growing trend among utilities to implement medium voltage switchgear because it improves grid resilience, enhances operational efficiency, and adapts to changing power needs. This trend is also driven by regulatory incentives that encourage grid modernization along with energy efficiency which creates a supportive environment for market growth and innovation in medium voltage switchgear technologies.

The market can also be segmented based on the type into gas-insulated, air-insulated, and others. Recent developments in the medium voltage switchgear market show a shift toward GIS because it has lower maintenance needs and advanced safety attributes. Prefabricated substations and modular designs are becoming increasingly popular because they allow for quicker deployment along with greater flexibility in addressing diverse power distribution requirements.

Meanwhile, vacuum insulation presents multiple benefits which includes improved reliability by reducing electrical arcing or insulation failures that lead to safer operations and lower maintenance expenses. Vacuum technology enables greater voltage capacities and compact designs which makes it essential for urban areas and environments with limited space. These advantages promote the use of vacuum-insulated switchgear across various industries which fuels market growth and advancements in medium voltage systems.

Top market Players:

Several major players are Siemens AG, ABB, General Electric, among others.

Segments covered in the Report:

The Egypt Medium Voltage Switchgear Market has been segmented based on type, voltage, and application. By type, the market is segmented into air-insulated switchgear (AIS), gas-insulated switchgear (GIS), and others. By voltage, the market is segmented into 1–12 kV, 12–17.5 kV, 17.5–24 kV, and 24–42 kV. By application, the market is segmented into transmission and distribution utilities, commercial and residential, and others.

Market Segmentation

Egypt Medium Voltage Switchgear Market By Type

• • Air-Insulated Switchgear (AIS)
  • Gas-Insulated Switchgear (GIS)
  • Others

Egypt Medium Voltage Switchgear Market By Voltage

• • 1–12kV
  • 12-17.5 kV
  • 5-24kV
  • 24-42 172kV

Egypt Medium Voltage Switchgear Market By Application

• • Transmission and Distribution Utilities
  • Commercial and Residential
  • Others

Egypt Medium Voltage Switchgear Market Leading players (Option 1: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Siemens AG
  • ABB
  • General Electric