The Middle East feeder and distribution pillar market is
anticipated to reach USD 217.4 million by 2022, according to a new study by
Grand View Research, Inc. The regional industry is characterized by vast
investment in the power sector due to rising electricity demand across the
residential and commercial areas.
The industry is expected to witness
rise in demand in commercial and light industrial applications over the
forecast period. Increasing need for efficient low voltage outdoor electricity
distribution along with emerging real estate sector and industrial growth in
the region is anticipated to drive demand over the next seven years.
Industry players use premium quality
raw material for manufacturing to ensure features such as low maintenance cost,
resistivity to adverse conditions, and high endurance. They also offer
customized solutions based on the contract or tender to cater to specific needs
of the customer. Technological advancement such as smart-grid compatibility may
add new dimension to product features, which is anticipated to spur industry
growth over the next seven years. Strong research and development activity is
expected to be a crucial success factor for feeder and distribution pillar
market players.
Growing needs for effective
low-voltage electrical distribution across medical centers, hospitals,
education institutions, retail parks, shopping centers, and office buildings
are expected to boost adoption over the next seven years.
Fluctuation in raw material and crude
oil prices may adversely affect growth, as the Middle East economy is highly
dependent on oil prices.
Browse full research report on Middle East Feeder and Distribution Pillar Market: https://www.grandviewresearch.com/industry-analysis/middle-east-feeder-distribution-pillar-market
Further key findings from the study
suggest:
- Industry participants offer products based on single-phase
and three-phase technologies. Single-phase is preferred in areas where
power is distributed to small number of houses; for distribution to larger
area or industrial application, three-phase technology variant is used.
Three-phase products account for majority of the revenue share, and are
expected to grow at a CAGR of around 6% from 2015 to 2022.
- Saudi Arabia feeder and distribution pillar market is
estimated to be the key regional segment and is expected account for over
45% of the industry by 2022. Infrastructure growth and increasing
electricity demand in the residential sector is anticipated to drive
demand in the region. Growth in construction sector, which has become the
key contributor to Qatar’s GDP, may drive regional feeder pillar market
demand over the forecast period.
- Key industry participants include Alsalam Industrial &
Trading Est., Charles Endirect Ltd, Verger Delporte UAE Ltd., Arabian
Fiberglass Products Company (Aliaf), Emirates Transformer & Switchgear
Limited, Hager, and KEMCO Electrical Est. Other prominent vendors include
MEMF Electrical Co., Qatar International Electrical Co., Schneider
Electric, Technogroup (Technical Factory Fiberglass), and Federal
Switchgear Ltd. (Al Nasser Industrial Enterprises).
Grand View Research has segmented the
Middle East feeder and distribution pillar market on the basis of technology
and region:
Middle East Feeder & Distribution
Pillar Technology Outlook (USD Million, 2012 - 2022)
- Single Phase
- Three Phase
Middle East Feeder & Distribution
Pillar Regional Outlook (USD Million, 2012 - 2022)
- Saudi Arabia
- Qatar
- UAE
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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