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Middle East Load Break Switch and Recloser Market 2018-2024: Revenues are Projected to Grow at a CAGR of 6.7% and 5.5%, Respectively
Thursday, October 11, 2018

DUBLIN, Oct. 11, 2018 /PRNewswire/ --

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.

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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:

    --  <_7 />
    --  27 KV and Above

By Insulation Types:

    --  Gas
    --  Vacuum
    --  Others

By End Users:

    --  Distribution Utilities
    --  Others (Railway and Industrial)

Key Topics Covered:

1. Executive Summary

2. Introduction

3. Middle East Load Break Switch & Recloser Market Overview

4. Middle East Load Break Switch & Recloser Market Dynamics

5. Middle East Load Break Switch & Recloser Market Trends

6. Saudi Arabia Load Break Switch & Recloser Market Overview

7. UAE Load Break Switch & Recloser Market Overview

8. Qatar Load Break Switch & Recloser Market Overview

9. Kuwait Load Break Switch & Recloser Market Overview

10. Oman Load Break Switch & Recloser Market Overview

11. Turkey Load Break Switch & Recloser Market Overview

12. Iran Load Break Switch & Recloser Market Overview

13. Bahrain Load Break Switch & Recloser Market Overview

14. Rest of Middle East Load Break Switch & Recloser Market Overview

15. Middle East Load Break Switch & Recloser Market Key Performance Indicator

16. Middle East Load Break Switch & Recloser Market Opportunity Assessment

17. Competitive Landscape

18. Company Profiles

19. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/5wch5m/middle_east_load?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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View original content:http://www.prnewswire.com/news-releases/middle-east-load-break-switch-and-recloser-market-2018-2024-revenues-are-projected-to-grow-at-a-cagr-of-6-7-and-5-5-respectively-300729475.html

SOURCE Research and Markets



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