Growing demand for
electricity is expected to drive the growth of Saudi Arabia pad mounted
According to TechSci Research report, “Saudi Arabia Pad Mounted Switchgear Market By Type (Air, Gas, Solid Dielectric, Others), By Voltage (Up to 15 kV, 15–25 kV, 25–38 kV), By Standard (IEC, IEEE, Others), By Application (Industrial, Commercial, Residential), By Region, Forecast & Opportunities, 2025”, the Saudi Arabia pad mounted switchgear market is expected to grow at a steady rate of during the forecast period on account of the active revolt against overhead electric cables which may lead to accidents. Additionally, increasing infrastructure-based developments in the transmission & distribution networks and increasing reliability of the underground distribution networks. Furthermore, the automation of power infrastructure is also expected to drive the market during forecast years. However, requirement of high initial investment especially for the installation of cable terminations and concrete foundation can hamper the growth of market during forecast years. Moreover, interchangeability with existing systems acts as a challenge to the market growth in the country. Another challenge associated with underground distribution is surface contamination which includes dirt, dust, among others.
Browse XX market data Tables and XX Figures spread throughXXX Pages and an in-depth TOC on“Saudi Arabia Pad Mounted Switchgear Market”
The Saudi Arabia pad mounted switchgear market is segmented based on type, voltage, standard, application, company and region. Based on type, the market can be fragmented into air, gas, solid dielectric and others. The air type segment is expected to hold a significant market share during the forecast period. This can be ascribed to their economic viability and widespread use in areas with ample space owing to the lower construction costs. Based on standard the market can be categorized into IEC, IEEE and others. The IEC standard segment is expected to hold the largest market share on account of the stringent regulations and requirements to meet network reliability and stability demands. Also, the widespread adoption of this standard in the European world is also responsible for the dominance of the IEC standard. Based on application, the market can be grouped into industrial, commercial and residential. The industrial application segment dominates the market during the forecast period. This can be accredited to the increasing demand for reliable and continuous power supply which is driving the utilities to adopt underground distribution systems thereby increasing the use of pad mounted switchgears in the industrial applications.
EEIC, TIEPCO, ABB Ltd., Eaton
Corporation Saudi Arabia, Wahah Electric Supply Co. of Saudi Arabia (Ltd.)
(WESCOSA), Electronic & Electrical Industries Corp., Arabian Point Eight
Power Co. Ltd., Al Amana Technology, Alfanar Electrical Systems, Gedac Electric
Company and others are some of the leading players operating in Saudi
Arabia pad mounted switchgear market. The companies are developing advanced
technologies and launching new services in order to stay competitive in the
market. Other competitive strategies include mergers & acquisitions and new
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“Saudi Arabia pad
mounted switchgear market is expected to witness growth during the forecast
period, owing to the increased investments in distribution networks, increasing adoption of
renewable energy, growing energy demands, urbanization, among others. Enormous transmission
& distribution network industrialization and expansion projects in the
country are positively influencing the growth over the next few years. Additionally,
replacement and up
gradation of aging power distribution infrastructure, conversion of overhead
lines into underground wires and improving grid reliability are
further expected to propel the market during the next five years.” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi Arabia Pad Mounted Switchgear Market By Type (Air, Gas, Solid Dielectric, Others), By Voltage (Up to 15 kV, 15–25 kV, 25–38 kV), By Standard (IEC, IEEE, Others), By Application (Industrial, Commercial, Residential), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of Saudi Arabia pad mounted switchgear market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Saudi Arabia pad mounted switchgear market.