Increasing infrastructure development activities, rising commercial sector and large scale investments

Scope:

– Longer term projects market forecast 2018-2022
– Summary and lists of future project opportunities
– Analysis of key trends, market drivers and opportunities by country and sector
– Top clients and contractors ranking
– Strategic insight from the foremost experts into the current and future size of projects market

Reasons to buy:

– Analysis of the GCC projects market performance in 2018 and over the next five years
– Current and future size of market by sector and country
– Top clients and contractors ranking
– Longer term forecast for 2018-2022
– Key project and sectors drivers
Key challenges and opportunities
– Top current and future project lists
– Cashflow analysis
– Analysis on a city by city level

 

ccording to Ravi Bhandari, Assistant Manager, 6Wresearch, in GCC region, power utilities sector has captured major revenue share in the overall market, and is expected to dominate the in the forecast period as well. Demand for medium voltage switchgears in power utilities is anticipated to escalate with setup of new power plants and expanding grid network across the region.

“With upcoming global events like World Expo 2020 in UAE and FIFA World Cup 2022 in Qatar, respective countries are investing heavily for development of public infrastructure and power sector. Focus on diversification of the economy, with heavy investments in non-oil sector to reduce their dependency on oil & gas sector is further expected to drive the medium voltage switchgear market in the GCC,” Ravi further added.

The market has been in freefall for more than two years. It’s never been more important for companies to have concise, accurate and comprehensive market intelligence than today.

GCC Projects Outlook 2018 evaluates this new market and highlights the markets, sectors and projects presenting the best growth opportunity. It provides critical data to help you make key business decisions and inform your strategy.

Using data from more than 15,000 live projects, this data-focused report assess the current and future outlook by country and sector, the top contractors and clients, key trends and project drivers, and identifies the major future opportunities and challenges.

Written by MEED, the Middle East market experts within the GlobalData Group, this data-focused premium intelligence report is an indispensable guide for anyone involved in the GCC projects market.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, “although, medium voltage switchgear with voltage rating 11KV and 33 KV are the main drivers of the market in GCC, but segment with voltage rating of 22KV is registering demand in countries such as UAE and Qatar. The vision of each GCC member aiming to increase the renewable energy share would also increase the market for medium voltage switchgear in the GCC region,” Anuj Concluded.

Some of the major Comapanies in GCC Medium Voltage Switchgear market Include ABB, Schneider Electric, Siemens, Al Ahliea Switchgears, Al Hasan, Hyosung Corporation, Eaton Corporation etc.

“GCC Medium Voltage Switchgear Market (2017–2023)” report provides in-depth analysis with 185 figures and 13 tables covered in more than 230 pages. The report estimates and forecast the overall GCC Medium Voltage Switchgear Market by insulation, application and country. The report also gives the insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.

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