Market Overview

Middle East Transfer Switch Market 2018-2024: Market Forecast by Types, Transition Mode, Ampere Rating, Applications and Competitive Landscape - ResearchAndMarkets.com

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The "Middle
East Transfer Switch Market (2018-2024): Market Forecast by Types, by
Transition Mode, by Ampere Rating, by Applications, by Countries and
Competitive Landscape"
report has been added to ResearchAndMarkets.com's
offering.

Middle East Transfer Switch Market revenues are projected to grow at a
CAGR of 4.8% during 2018-2024

The market for transfer switch has registered substantial growth in the
Middle East region as a result of growing technological precision
favored by rapid commercialization as well as escalating industrial
expenditure. These factors have increased the demand for a reliable and
safe operating environment. Further, economic diversification plans and
expansion of power infrastructure across the region would also surge the
transfer switch market over the next six years.

UAE, Saudi Arabia, and Kuwait government are taking major steps to
strengthen the non-oil sectors due to the recent decline in crude oil
prices, which has adversely affected the market during the last 3 years.
With expected recovery of crude oil prices in 2017 and increase in
public infrastructure development for the next 5 years, the market is
likely to rebound during the forecast period.

Small and medium rating transfer switches (Below 400A) are expected to
register strong growth during the forecast period due to high demand
from residential and commercial sectors. Upcoming mega projects such as
Lusail city, railway network expansion and economic cities would also
drive the transfer switch market during the forecast period. Some of the
key players in Middle East transfer switch market include- Schneider
Electric, Eaton, Socomec and ABB.

Markets Covered:

By Types

  • Automatic Transfer Switch
  • Manual Transfer Switch

By Transition Mode

  • Open Transition Mode
  • Closed Transition Mode

By Ampere Rating

  • 0-400A
  • 400-1600A
  • Above 1600A

By Applications

  • Industrial
  • Commercial
  • Residential

By Countries

  • Saudi Arabia
  • UAE
  • Iran
  • Kuwait
  • Oman
  • Qatar
  • Rest of Middle East

Companies Mentioned

  • ABB Ltd.
  • Eaton Corporation Plc
  • General Electric
  • Legrand SNC FZE
  • Schneider Electric
  • Socomec Middle East
  • Tripp Lite
  • Vertiv Co.

For more information about this report visit https://www.researchandmarkets.com/research/s7rvt2/middle_east?w=4

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