Middle East Load Break Switch and Recloser Market 2018-2024: Market Forecast by Voltage Rating, Insulation Type, End Users, Countries, and Competitive Landscape – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Middle
East Load Break Switch and Recloser Market (2018-2024): Market Forecast
by Voltage Rating, by Insulation Type, by End Users, by Countries, and
Competitive Landscape”
report has been added to ResearchAndMarkets.com’s
offering.

Middle East Load Break Switch and Recloser Market revenues are projected
to grow at a CAGR of 6.7% and 5.5%, respectively during 2018-24.

Investment in the existing power transmission & distribution network
coupled with the development of new power infrastructure to curb the
increasing power demand would drive the demand for Load Break Switch and
Recloser market in the Middle East region. Further, the Middle East
countries are strengthening their non-oil sectors which includes setting
up of new offices, residential units, education institutes, data
centers, hotels, and manufacturing facilities. These initiatives would
also act as some of the key growth drivers of the Load Break Switch and
Recloser Market.

Sustained construction and industrial development activities coupled
with rising electricity demand from the residential and commercial
sectors would increase the demand for power in the Middle Eastern region
which in turn would drive the market for recloser and load break
switches. Additionally, government plans such as Saudi Vision 2030,
Qatar National Vision 2030 and Dubai Vision 2021 are expected to further
boost the demand for load Break switch & recloser market over the coming
years.

Saudi Arabia, Turkey and UAE captured majority of the revenue share in
the Middle East Recloser and Load Break Switch market in 2017 and would
continue their dominance during the forecast period on account of
increasing electricity demand and upcoming mega infrastructure projects
such as Neom, the Red Sea Project, Abu Dhabi’s Barakah nuclear-power
plant and Osmangazi Electrik Dagitim (OEDAS).

Markets Covered:

By Voltage Ratings:

  • < 27 Kv
  • 27 KV and Above

By Insulation Types:

  • Gas
  • Vacuum
  • Others

By End Users:

  • Distribution Utilities
  • Others (Railway and Industrial)

By Countries:

  • Saudi Arabia
  • UAE
  • Qatar
  • Kuwait
  • Bahrain
  • Oman
  • Turkey
  • Iran

For more information about this report visit https://www.researchandmarkets.com/research/f694gd/middle_east_load?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Insulation
, Electricity
, Electrical
Switches