Middle East & Africa Switchgear Market Size - By Voltage (Low, Medium, High), By Insulation (Air, Gas, Oil, Vacuum), By Current (AC, DC) By Application (Residential, Commercial & Industrial, Utility), & Forecast, 2024 – 2032

Middle East & Africa Switchgear Market Size

Middle East & Africa Switchgear Market was valued at USD 20.6 billion in 2023 and is anticipated to grow at a CAGR of 8.7% from 2024 to 2032, driven by increasing investments in the power sector, growing urbanization and the expansion of the industrial sector.
 

The market offers significant opportunities for manufacturers and suppliers, especially in countries like the UAE and Saudi Arabia, where major investments in power infrastructure are planned. For instance, in August 2023, the UAE's Ministry of Energy and Infrastructure has announced plans to invest USD 653 million in electricity transmission and distribution projects, including the construction of new substations and the upgrade of existing ones which will drive the demand for switchgear in the country.

COVID–19 Impact

The COVID-19 pandemic caused supply chain disruptions, reduced demand, workforce challenges, and accelerated digitalization in the Middle East & Africa switchgear industry. However, the industry is recovering and expected to grow owing to investments in power sector and smart grid technologies. The shift towards digitalization is also expected to continue, as companies prioritize remote monitoring and control to ensure safety and efficiency in their operations.
 

Middle East & Africa Switchgear Market Trends

The Middle East & Africa switchgear industry is witnessing significant growth driven by urbanization, industrialization, and infrastructure development projects. Rising electricity demand, coupled with government initiatives to upgrade power infrastructure and integrate renewable energy sources, is driving market expansion. Burgeoning investments in smart grids, digitalization, and energy efficiency solutions are also shaping market trends. Additionally, a focus on grid modernization, resilience, and reliability is driving the adoption of advanced switchgear technologies to meet evolving energy requirements in the region.
 

Middle East & Africa Switchgear Market Analysis

The AC switchgear market across Middle East & Africa is projected to reach over USD 38 billion by 2032, owing to its ability to flow in multiple directions, making it ideal for various applications in residential and commercial settings. AC current is widely used in power distribution systems, including transmission and distribution networks, substations, and industrial applications. With increasing demand for reliable electricity supply, the adoption of AC-based switchgear solutions is surging, driven by their efficiency, flexibility, and compatibility with existing infrastructure, thus fueling market expansion in the region.
 

The utility based on applications across Middle East & Africa will showcase gains at nearly 8% up to 2032. With rising electricity demand, governments are investing heavily in modernizing and expanding power generation, transmission, and distribution networks. Utilities are upgrading aging infrastructure, integrating renewable energy sources, and enhancing grid reliability and resilience. Switchgear plays a critical role in these initiatives, facilitating efficient power distribution, protection, and control. As a result, the utility sector's increasing investments in infrastructure development are driving significant market growth.
 

The Saudi Arabia switchgear market is poise to grow over USD 9.8 billion by 2032, on account of the rapid industrialization, urbanization, and population growth across the nation. The country is also investing in renewable energy projects, including the Sakaka solar project, which is expected to drive the demand for switchgear. The Saudi government has launched several initiatives to modernize and upgrade the country's power infrastructure, including the National Transformation Program and Vision 2030, which aim to diversify the economy and promote sustainable development. Furthermore, government regulations emphasizing energy efficiency and grid reliability are further fueling the adoption of advanced switchgear technologies in the country.

Middle East & Africa Switchgear Market Share

 Siemens holds a strong position the Middle East & Africa switchgear industry with its renowned reputation for top-tier, dependable, and inventive electrical solutions. With extensive regional experience, Siemens boasts a broad network of partnerships, distribution channels, and client relationships. Offering a comprehensive range of switchgear products from low to high voltage, Siemens prioritizes technology innovation, sustainability, and customer satisfaction, reinforcing its leading position in the region.
 

Middle East & Africa Switchgear Market Companies

Some of the key market players operating across the Middle East & Africa switchgear industry are:

• ABB
• Bharat Heavy Electricals Limited (BHEL)
• CHINT Group
• Eaton
• Fuji Electric Co., Ltd.
• General Electric
• Hitachi Ltd.
• HD HYUNDAI ELECTRIC CO., LTD.
• Hyosung Heavy Industries
• Lucy Group Ltd.
• Mitsubishi Electric Corporation
• Ormazabal
• Powell Industries
• Regal Rexnord Corporation
• Siemens
• Schneider Electric
• Toshiba Corporation
   

Middle East & Africa Switchgear Industry News

• In October 2023, Siemens unveiled its latest offering in medium-voltage switchgear, dubbed '8DAB 24', aimed at advancing the decarbonization of power grids by minimizing CO2 emissions. This product line prioritizes operational safety, reliability, and compact design. Integration of intelligent sensors enhances asset visibility, while cloud-based analytics enable proactive maintenance, cutting downtime and upkeep expenses. Siemens seeks to strengthen its market presence through the introduction of this innovative product range.
   
• In September 2023, ABB announced an investment exceeding USD 500 million to finalize further technology transfers, facilitating the domestic production of UniGear ZS1 medium-voltage switchgear in South Africa. This strategic move is geared towards enhancing local manufacturing capacities, thereby offering customers enhanced design flexibility, expedited access to products, and cost reductions by minimizing import expenses and delivery durations.
   

This Middle East & Africa switchgear market research report includes an in–depth coverage of the industry with estimates & forecast in terms of units and revenue in ‘000 Units and USD Million from 2019 to 2032, for the following segments:

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Market, By Voltage

• Low
• Medium
• High

Market, By Insulation

• Air
• Gas
• Oil
• Vacuum
• Others

Market, By Current

• AC
• DC

Market, By Application

• Residential
• Commercial & Industrial
• Utility

The above information has been provided for the following countries:

• Saudi Arabia
• UAE
• Qatar
• Oman
• South Africa
• Egypt