Infographic

Rising Demand Makes the Middle East an Extremely Attractive Market for OEMs

Written By: Muhammad Usman

Published On: December 7, 2023

Infographic

Rising Demand Makes the Middle East an Extremely Attractive Market for OEMs

Written By: Muhammad Usman

Published On: December 7, 2023

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.

Rising Demand Makes the Middle East an Extremely Attractive Market for OEM-01

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The research presented in this article is from PTR's Medium Voltage Switchgear service. For information about this service please submit a request shown below.