Saudi Arabia Medium Voltage Switchgear Market and Analysis Report – Opportunities and Forecast 2024-2031
Medium voltage switchgear is a type of switchgear which is a crucial part of the power network. Switchgear consists of a combination of disconnect switches, fuses or circuit breakers which are used to control, regulate, meter and protect electric generation, transmission and distribution equipment. Voltage ranging from 3.6 KV to 40.5 KV is labeled as Medium Voltage Switchgear. With growing operational experience, switchgear design and optimization parameters changed significantly to energize or de-energize electrical equipment, as per the requirement. Medium voltage switchgear can detect any sort of variation from the norm in the flow stream, for example, overcurrent, hamper some other flaw in the system, and consequently switch off the power stream. Medium voltage switchgear is majorly used for power distribution, particularly in commercial buildings and industrial plants.
Major Saudi Arabia Medium Voltage Switchgear Market Drivers
Major factors such as growth in switchgear installations across residential, utilities and large-scale industries, diversified Product portfolio, increasing demand for electricity coupled with replacement of aging switchgear. Rising demand for effective, secure and reliable power distribution networks are further fuelling the market growth. In addition, commercial expansion and government efforts to upgrade and modernize power distribution will gain traction for 9 to 15kV MV switchgear during the forecast period. Rising awareness, lower competence from other insulation technologies and higher demand for circuit protection devices are also spurring the growth of the market. However, rising raw material prices and maintenance are expected to hamper the growth of the market.
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The government of Saudi Arabia is focusing on providing adequate power infrastructure and efficient quality of power. Accordingly, the Saudi Arabian power sector is witnessing significant growth in power sectors over the coming years. For instance: Saudi Arabia intends to delicate 11 PV power ventures with a joined limit of 2,225 MW this year. Also, Saudi Arabia is encountering a substantial development in construction, industrial development and expansion of manufacturing sectors. Such advancements will further surge the electricity demand and thus impact the market growth of medium voltage switchgear.
Segments covered in the Report:
The Saudi Arabia Medium Voltage Switchgear Market has been segmented on the basis of product type, type, voltage, installation and application. Based on the product type, the market is segmented into circuit breakers, contactors, switches & disconnector, fuses, others. Based on the type, the market is segmented into air insulated, gas insulated, others (hybrid, oil). Based on the voltage, the market is segmented into 3 kv to 12 kv, > 12 kv to 24 kv, > 24 kv to 30 kv, > 30 kv to 33 kv, > 33 kv. Based on the installation, the market is segmented into indoor, outdoor. Based on the application, the market is segmented into commercial (healthcare, hospitality, offices, retail, education, others), industrial, power utilities, transportation infrastructure, government building, others
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Top Market Players
Various notable players operating in the market, include First ABB Ltd., Al Ahelia Switchgear Co., Alfanar Group, Eaton Corporation Plc., General Electric Company, Hager Middle East, Larsen & Toubro Limited, Legrand, Schneider Electric SE, Siemens AG among others.
Key questions answered in this research report:
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- At what pace is Saudi Arabia Medium Voltage Switchgear market growing? What will be the Saudi Medium Voltage Switchgear market forecast?
- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Saudi Medium Voltage Switchgear and market size?
- Saudi Arabia Medium Voltage Switchgear market outlook, application areas and how they are poised to grow?
- Saudi Arabia Medium Voltage Switchgear market overview, industry analysis and scope of study?
Report Coverage |
Details |
Market Revenues (2023) |
USD Million |
Market Base Year |
2023 |
Market Forecast Period |
2024-2031 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Product Type, By Type, By Voltage, By Installation, By Application |
Regional Coverage | Saudi Arabia |
Companies Profiled | ABB Ltd., Al Ahelia Switchgear Co., Alfanar Group, Eaton Corporation Plc, General Electric Company, Hager Middle East, Larsen & Toubro Limited, Legrand, Schneider Electric SE, Siemens AG, among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Saudi Arabia Medium Voltage Switchgear Market by Product Type
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- Circuit Breakers
- Contactors
- Switches & Disconnector
- Fuses
- Others
Saudi Arabia Medium Voltage Switchgear Market by Type
-
- Air Insulated
- Gas Insulated
- Others
- Hybrid
- Oil
Saudi Arabia Medium Voltage Switchgear Market by Voltage
-
- 3 kV to 12 kV
- 12 kV to 24 kV
- 24 kV to 30 kV
- 30 kV to 33 kV
- 33 kV
Saudi Arabia Medium Voltage Switchgear Market by Installation
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- Indoor
- Outdoor
Saudi Arabia Medium Voltage Switchgear Market by Application
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- Commercial
- Healthcare
- Hospitality
- Offices
- Retail
- Education
- Others
- Industrial
- Power Utilities
- Transportation Infrastructure
- Government Building
- Others
- Commercial
Saudi Arabia Medium Voltage Switchgear Players (Option 5: As a part of the free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- ABB Ltd.
- Al Ahelia Switchgear Co.
- Alfanar Group
- Eaton Corporation Plc
- General Electric Company
- Hager Middle East
- Larsen & Toubro Limited
- Legrand
- Schneider Electric SE
- Siemens AG
- Published Date: Jul-2024
- Report Format: Excel/PPT
- Report Code: UP144A-00-1119
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Saudi Arabia Medium Voltage Switchgear Market and Analysis Report – Opportunities and Forecast 2024-2031
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