- The Middle East (ME) market for Medium Voltage switchgear is projected to undergo robust, consistent annual growth from 2023 to 2028.
- The economic recovery from the COVID-19 pandemic has resulted in higher investments in infrastructure, transport electrification, renewable power generation, and industrial projects. These investments necessitate reliable electrical networks, driving the demand for switchgear.
- Additionally, buyers are actively replenishing their inventories to address backlog challenges caused by the pandemic.
Medium Voltage (MV) is considered as 1-42kV.
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