+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

LAMEA Switchgear Market Size, Share & Industry Trends Analysis Report By Installation, By Insulation, By Voltage Type (Low Voltage, Medium Voltage, and High Voltage), By End-use, By Country and Growth Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 178 Pages
  • September 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903213
The Latin America, Middle East and Africa Switchgear Market would witness market growth of 7.8% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 3677 thousand units, showcasing a growth of 9.4% (2023-2030).

The increasing demand for power in emergent economies due to rapid urbanization and industrialization has led to a focus on developing efficient power transmission and distribution networks and increasing demand for switches, fuses, and circuit breakers. The market is anticipated to increase due to the high demand for products from the power sector.

Outdated power transmission and distribution infrastructure calls for replacement with advanced and efficient solutions, such as switchgear, which comprises various devices that control and safeguard electrical devices connected to power by isolating electrical equipment in power systems. In addition, it contributes to the modernization of the grid by enabling precise control and monitoring of electricity flows, thereby enhancing grid efficiency.

The Middle East region is witnessing a shift toward Industry 4.0 principles, which involve integrating digital technologies and automation in manufacturing and industrial processes. Switchgear is a critical component in smart factories, where it helps in controlling and protecting electrical circuits in automated production lines. The Middle East is a significant global oil and gas player. Automation and digitization are increasingly adopted in this sector to enhance operational efficiency and safety. Switchgear plays a role in ensuring reliable power distribution in remote oil and gas facilities. As a result of the expansion of multiple sectors across LAMEA region, the market is estimated to grow.

The Brazil market dominated the LAMEA Switchgear Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,899.9 million by 2030. The Argentina market is showcasing a CAGR of 8.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.6% during (2023 - 2030).

Based on Installation, the market is segmented into Outdoor, and Indoor. Based on Insulation, the market is segmented into Vacuum, Air, and Oil & Gas. Based on Voltage Type, the market is segmented into Low Voltage, Medium Voltage, and High Voltage. Based on End-use, the market is segmented into Transmission & Distribution (T & D) Utilities, Commercial & Residential, and Industrial. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include ABB Ltd., Alstom SA, Bharat Heavy Electricals Ltd., Eaton Corporation PLC, General Electric Company, Legrand Group, Hitachi, Ltd., Crompton Greaves Consumer Electricals Limited., Larsen & Toubro Limited, Mitsubishi Electric Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Installation (Volume, Thousand Units, USD Million, 2019-2030)
  • Outdoor
  • Indoor
By Insulation (Volume, Thousand Units, USD Million, 2019-2030)
  • Vacuum
  • Air
  • Oil & Gas
By Voltage Type (Volume, Thousand Units, USD Million, 2019-2030)
  • Low Voltage
  • Medium Voltage
  • High Voltage
By End use (Volume, Thousand Units, USD Million, 2019-2030)
  • Transmission & Distribution (T & D) Utilities
  • Commercial & Residential
  • Industrial
By Country (Volume, Thousand Units, USD Million, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • ABB Ltd.
  • Alstom SA
  • Bharat Heavy Electricals Ltd.
  • Eaton Corporation PLC
  • General Electric Company
  • Legrand Group
  • Hitachi, Ltd.
  • Crompton Greaves Consumer Electricals Limited.
  • Larsen & Toubro Limited
  • Mitsubishi Electric Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Switchgear Market, by Installation
1.4.2 LAMEA Switchgear Market, by Insulation
1.4.3 LAMEA Switchgear Market, by Voltage Type
1.4.4 LAMEA Switchgear Market, by End-use
1.4.5 LAMEA Switchgear Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Switchgear Market
4.3 Porter Five Forces Analysis
Chapter 5. LAMEA Switchgear Market by Installation
5.1 LAMEA Outdoor Market by Country
5.2 LAMEA Indoor Market by Country
Chapter 6. LAMEA Switchgear Market by Insulation
6.1 LAMEA Vacuum Market by Country
6.2 LAMEA Air Market by Country
6.3 LAMEA Oil & Gas Market by Country
Chapter 7. LAMEA Switchgear Market by Voltage Type
7.1 LAMEA Low Voltage Market by Country
7.2 LAMEA Medium Voltage Market by Country
7.3 LAMEA High Voltage Market by Country
Chapter 8. LAMEA Switchgear Market by End-use
8.1 LAMEA Transmission & Distribution (T & D) Utilities Market by Country
8.2 LAMEA Commercial & Residential Market by Country
8.3 LAMEA Industrial Market by Country
Chapter 9. LAMEA Switchgear Market by Country
9.1 Brazil Switchgear Market
9.1.1 Brazil Switchgear Market by Installation
9.1.2 Brazil Switchgear Market by Insulation
9.1.3 Brazil Switchgear Market by Voltage Type
9.1.4 Brazil Switchgear Market by End-use
9.2 Argentina Switchgear Market
9.2.1 Argentina Switchgear Market by Installation
9.2.2 Argentina Switchgear Market by Insulation
9.2.3 Argentina Switchgear Market by Voltage Type
9.2.4 Argentina Switchgear Market by End-use
9.3 UAE Switchgear Market
9.3.1 UAE Switchgear Market by Installation
9.3.2 UAE Switchgear Market by Insulation
9.3.3 UAE Switchgear Market by Voltage Type
9.3.4 UAE Switchgear Market by End-use
9.4 Saudi Arabia Switchgear Market
9.4.1 Saudi Arabia Switchgear Market by Installation
9.4.2 Saudi Arabia Switchgear Market by Insulation
9.4.3 Saudi Arabia Switchgear Market by Voltage Type
9.4.4 Saudi Arabia Switchgear Market by End-use
9.5 South Africa Switchgear Market
9.5.1 South Africa Switchgear Market by Installation
9.5.2 South Africa Switchgear Market by Insulation
9.5.3 South Africa Switchgear Market by Voltage Type
9.5.4 South Africa Switchgear Market by End-use
9.6 Nigeria Switchgear Market
9.6.1 Nigeria Switchgear Market by Installation
9.6.2 Nigeria Switchgear Market by Insulation
9.6.3 Nigeria Switchgear Market by Voltage Type
9.6.4 Nigeria Switchgear Market by End-use
9.7 Rest of LAMEA Switchgear Market
9.7.1 Rest of LAMEA Switchgear Market by Installation
9.7.2 Rest of LAMEA Switchgear Market by Insulation
9.7.3 Rest of LAMEA Switchgear Market by Voltage Type
9.7.4 Rest of LAMEA Switchgear Market by End-use
Chapter 10. Company Profiles
10.1 ABB Ltd.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Geographical Expansions:
10.1.6 SWOT Analysis
10.2 Alstom SA
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 SWOT Analysis
10.3 Bharat Heavy Electricals Ltd.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.6 SWOT Analysis
10.4 Eaton Corporation PLC
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 General Electric Company
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.6 SWOT Analysis
10.6 Legrand Group
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expense
10.6.5 SWOT Analysis
10.7 Hitachi, Ltd.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Acquisition and Mergers:
10.7.6 SWOT Analysis
10.8 Crompton Greaves Consumer Electricals Limited.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental and Regional Analysis
10.8.4 Research & Development Expenses
10.8.5 SWOT Analysis
10.9 Larsen & Toubro Limited.
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Mitsubishi Electric Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 SWOT Analysis

Companies Mentioned

  • ABB Ltd.
  • Alstom SA
  • Bharat Heavy Electricals Ltd.
  • Eaton Corporation PLC
  • General Electric Company
  • Legrand Group
  • Hitachi, Ltd.
  • Crompton Greaves Consumer Electricals Limited.
  • Larsen & Toubro Limited
  • Mitsubishi Electric Corporation

Methodology

Loading
LOADING...