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UAE Wiring Devices Market (2024-2030): Growth, Revenue, Analysis, Companies, Forecast, Size, Trends, Value, Outlook, Industry & Share: Market Forecast By Types, By Applications, By Residential Applications and Competitive Landscape

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    Report

  • 66 Pages
  • August 2023
  • Region: United Arab Emirates
  • 6W Research
  • ID: 5998658

The UAE wiring devices market attained growth owing to increased commercial and residential construction, alongside major government infrastructure projects. Key developments, including the Wasl Tower, the $204 million Regalia residential project, and the Bloom Living project with 4,000 villas and apartments, have consistently driven demand. Additionally, significant transportation and road infrastructure projects, such as the $11 billion Etihad Rail, the $5.9 billion proposed Hyperloop between Dubai and Abu Dhabi, and the $2.7 billion Sheikh Zayed double-deck road, are anticipated to sustain and further amplify demand for wiring devices, supporting continued market growth and development.

According to this research, the UAE Wiring Devices Market is projected to grow at a CAGR of 5.9% during 2024-2030F. UAE's "We the Emirates 2031" vision and national action plan are set to significantly influence the wiring devices market. This strategic initiative aims to foster economic growth, leading to heightened demand for advanced electrical infrastructure across sectors such as infrastructure, hospitality, and residential, among others. Upcoming projects in the UAE, including the Natural History Museum, Falcon Island, and Rixos Dubai Islands with their mix of residential and commercial developments, are expected to drive demand for wiring devices.

Additionally, the $300 billion strategic initiative to advance the UAE's industrial sector by 2030, along with the "Projects of the 50" focusing on industrial, transportation, and energy infrastructure, would further contribute to the growth of the wiring devices market in the coming years.

Market Segmentation by Types

Receptacles/Sockets segment is projected to spearhead the wiring devices market revenues in the UAE throughout the forecast period, propelled by rapid developments in the residential and commercial sectors, highlighted by major projects such as Mondrian, Rixos Dubai Islands, and Hotel and Residences, among others.

Market Segmentation by Applications

In 2023, the residential sector represented the majority of revenue in the wiring devices market, a trend projected to continue. This sustained growth is driven by an increase in residential construction projects and government housing initiatives in the UAE. The combination of escalating demand for residential developments and significant upcoming construction projects is expected to support and enhance the market's expansion in the foreseeable future.

Market Segmentation by Residential Applications

In 2023, mid-range residential housing captured the largest share of revenue, a trend anticipated to continue due to persistent demand. Furthermore, upcoming construction projects in the UAE are expected to substantially boost the growth of the wiring devices market. The synergy of ongoing residential housing demand and new construction activities is poised to drive significant market expansion.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • UAE Wiring Devices Market Overview
  • UAE Wiring Devices Market Outlook
  • UAE Wiring Devices Market Forecast
  • Historical Data and Forecast of UAE Wiring Devices Market Revenues for the Period 2020-2030F
  • Historical Data and Forecast of UAE Wiring Devices Market Revenues By Types, for the Period 2020-2030F
  • Historical Data and Forecast of UAE Wiring Devices Market Revenues By Applications, for the Period 2020-2030F
  • Historical Data and Forecast of UAE Wiring Devices Market Revenues By Residential Application, for the Period 2020-2030F
  • Market Drivers
  • Market Restraints
  • Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Market Player’s Revenue Ranking
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations
  • Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Receptacles/Sockets
  • Switches
  • Wall Plates
  • Plugs
  • Others (Wire Mesh, Wire connectors etc.)

By Applications

  • Residential
  • Commercial
  • Industrial
  • Public Transport and Infrastructure

By Residential Applications

  • Basic Housing
  • Mid-Range Housing
  • Premium Housing

Table of Contents


1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions

3. UAE Wiring Devices Market Overview
3.1 UAE Wiring Devices Market Revenues, 2020-2030F
3.2 UAE Wiring Devices Market Industry Life Cycle
3.3 UAE Wiring Devices Market Porter's Five Forces

4. UAE Wiring Devices Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints

5. UAE Wiring Devices Market Trends & Evolution
6. UAE Wiring Devices Market Overview, By Types
6.1 UAE Wiring Devices Market Revenue Share and Revenues, By Types
6.1.1 UAE Wiring Devices Market Revenues, By Receptacles/Sockets (2020-2030F)
6.1.2 UAE Wiring Devices Market Revenues, By Switches (2020-2030F)
6.1.3 UAE Wiring Devices Market Revenues, By Wall Plates (2020-2030F)
6.1.4 UAE Wiring Devices Market Revenues, By Plugs (2020-2030F)
6.1.5 UAE Wiring Devices Market Revenues, By Others (2020-2030F)

7. UAE Wiring Devices Market Overview, By Applications
7.1 UAE Wiring Devices Market Revenue Share and Revenues, By Applications
7.1.1 UAE Wiring Devices Market Revenues, By Residential (2020-2030F)
7.1.2 UAE Wiring Devices Market Revenues, By Commercial (2020-2030F)
7.1.3 UAE Wiring Devices Market Revenues, By Industrial (2020-2030F)
7.1.4 UAE Wiring Devices Market Revenues, By Public and Transport Infrastructure (2020-2030F)

8. UAE Wiring Devices Market Overview, By Residential Application
8.1 UAE Wiring Devices Market Revenue Share and Revenues, By Residential Application
8.1.1 UAE Wiring Devices Market Revenues, By Basic Housing (2020-2030F)
8.1.2 UAE Wiring Devices Market Revenues, By Mid-Range Housing (2020-2030F)
8.1.3 UAE Wiring Devices Market Revenues, By Premium Housing (2020-2030F)

9. UAE Wiring Devices Market Key Performance Indicator
10. UAE Wiring Devices Market Opportunity Assessment
10.1 UAE Wiring Devices Market Opportunity Assessment, By Types, 2030F
10.2 UAE Wiring Devices Market Opportunity Assessment, By Applications, 2030F
10.3 UAE Wiring Devices Market Opportunity Assessment, By Residential Application, 2030F

11. UAE Wiring Devices Market - Competitive Landscape
11.1 UAE Wiring Devices Market Revenue Share, By Companies
11.2 UAE Wiring Devices Market Competitive Benchmarking, By Technical Parameter
11.3 UAE Wiring Devices Market Competitive Benchmarking, By Operating Parameter

12. Company Profiles
12.1 Schneider Electric KSA
12.2 Legrand UAE
12.3 Alfanar Group
12.4 ABB Limited
12.5 Eaton Corporation
12.6 MK Electric (Honeywell)
12.7 Hager Middle East FZE
12.8 Bahra Electric
12.9 Interplast Co. Ltd.
12.10 Panasonic Marketing Middle East & Africa FZE

13. Key Strategic Recommendations14. Disclaimer
List of Figures
1. UAE Wiring Devices Market Revenues, 2020-2030F ($ Million)
2. UAE Major Smart City Projects, 2023
3. UAE Wiring Devices Market Revenue Share, By Types, 2020 & 2030F (USD Million)
4. UAE Wiring Devices Market Revenue Share, By Applications, 2020 & 2030F (USD Million)
5. UAE Wiring Devices Market Revenue Share, By Residential Application, 2020 & 2030F (USD Million)
6. UAE Newly Built Residential units in UAE, (2019-2022)
7. UAE Population, Million (2020-2030F)
8. Dubai Number of Hotels, 2022(Q1-Q4) & 2023(Q1)
9. UAE Wiring Devices Market Opportunity Assessment, By Types, 2030F
10. UAE Wiring Devices Market Opportunity Assessment, By Applications, 2030F
11. UAE Wiring Devices Market Opportunity Assessment, By Residential Application, 2030F

List of Tables
1. UAE Construction Projects, 2023
2. UAE Office Space, 2023
3. UAE Office/Buildings in 2024
4. UAE Wiring Devices Market Revenues, By Types, 2020-2030F (USD Million)
5. UAE Wiring Devices Market Revenues, By Applications, 2020-2030F (USD Million)
6. UAE Wiring Devices Market Revenues, By Residential Application, 2020-2030F (USD Million)
7. Upcoming Hotels and Restaurants in UAE
8. Upcoming Hotels in Dubai, 2024-2026

Companies Mentioned

  • Schneider Electric KSA
  • Legrand UAE
  • Alfanar Group
  • ABB Limited
  • Eaton Corporation
  • MK Electric (Honeywell)
  • Hager Middle East FZE
  • Bahra Electric
  • Interplast Co. Ltd.
  • Panasonic Marketing Middle East & Africa FZE