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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
What is the size of Middle East & Africa switchgear market?
The market valuation of the Middle East & Africa switchgear was reached USD 20.6 billion in 2023 and is projected to grow at a CAGR of 8.7% through 2032, driven by increasing investments in the power sector, growing urbanization, and the expansion of the industrial sector.
Why is Saudi Arabia AC switchgear industry growing?
Saudi Arabia switchgear market revenue to cross USD 9.8 billion by 2032, on account of the rapid industrialization, urbanization, and population growth across the nation.
Why is the demand of AC switchgear increasing in Middle East & Africa?
AC switchgear market segment in MEA is projected to reach over USD 38 billion by 2032, driven by their efficiency, flexibility, and compatibility with existing infrastructure.
Which companies define the competitive landscape of Middle East & Africa switchgear industry?
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, and Regal Rexnord Corporation.