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Middle East & Africa High Voltage Gas Insulated Switchgear Market Share
GE holds a significant share in the Middle East & Africa high voltage gas insulated switchgear industry due to its advanced technology offerings, extensive product portfolio, and strong regional presence. Leveraging innovative solutions and strategic partnerships, GE has established itself as a preferred choice for utilities and industries seeking reliable and efficient switchgear solutions in the region.
Middle East & Africa High Voltage Gas Insulated Switchgear Market Companies
Some of the major key players operating across the Middle East & Africa high voltage gas insulated switchgear industry are:
- Bharat Heavy Electricals Limited
- CHINT Group
- Fuji Electric Co., Ltd.
- GE
- Hitachi Energy Ltd.
- HD HYUNDAI ELECTRIC CO., LTD.
- Huayi Electric Co. Ltd.
- Jiangsu Jingdian Electric Co., Ltd.
- LS ELECTRIC Co., Ltd.
- Mitsubishi Electric Corporation
- MEIDENSHA CORPORATION
- NISSIN ELECTRIC Co., Ltd.
- Rockwill
- Siemens Energy
- Toshiba Energy Systems & Solutions Corporation
Why is the demand for 72.5 kV voltage gas insulated switchgear increasing in MEA?
The 72.5 kV voltage segment of MEA high voltage gas insulated switchgear industry is projected to surpass USD 2.2 billion by 2032, driven by its broad application scope, cost-effectiveness, and reliability.
What factors are pushing the growth of Saudi Arabia HV gas insulated switchgear market?
The Saudi Arabia HV gas insulated switchgear industry held a decent revenue share in 2023 and is projected to cross USD 1.2 billion by 2032, owing to the rapid industrialization, alongside the investments in renewable energy projects.
How big is the Middle East & Africa high voltage gas insulated switchgear market?
The market size of Middle East & Africa high voltage gas insulated switchgear was reached USD 2.6 billion in 2023 and is projected to grow at a rate of 8.7% through 2032, propelled by rapid urbanization, industrialization, and infrastructure development projects.
Which companies define the competitive landscape of Middle East & Africa high voltage gas insulated switchgear market?
Bharat Heavy Electricals Limited, CHINT Group, Fuji Electric Co., Ltd., GE, Hitachi Energy Ltd., HD HYUNDAI ELECTRIC CO., LTD., Huayi Electric Co. Ltd., Jiangsu Jingdian Electric Co., Ltd., LS ELECTRIC Co., Ltd., Mitsubishi Electric Corporation, MEIDENSHA CORPORATION are some of the major industry contenders.