Egypt Low Voltage Switchgear Market Analysis, Growth, Size, Demand, Trends, Share and Forecast 2027

The market report analyses the market while considering various aspects of the market such as market size, market status, market trends, and forecast. The report also offers brief information on the competitors and specific growth opportunities while covering the key drivers of the market. The report has been categorized based on the different segments, including protection, product, rated current, voltage rating, installation, current, and application.

Egypt Low Voltage Switchgear Market drivers:

The Egypt low voltage switchgear market is experiencing an upsurge in demand over the forecast period. This is mainly due to the rising demand for electricity generation and the rapid development of urbanizations, industrialization, and reliability of the electrical supply, which depends highly on the performance of the switchgear. Furthermore, the growing production of energy owing to the increasing demand in rural and urban areas is another factor contributing to the growth of the market during the forecast period. With the growing focus on modernization, there has been an increase in demand for the reinstallation of electric distribution infrastructure, which enhances the demand for low voltage switchgear in the upcoming years. Additionally, the rising private sector investment for developing power plants in the country, thus surging market growth.

The Egyptian government has constantly been aiming to increase its production capacity of electricity and renewable energy to cope up with the strong demand for electricity among people in the country. In 2017, the Egyptian government planned to upgrade and enhance the efficiency of electricity transmission and distribution grids by converting the national grid into a smart grid that can easily adapt the surged generated capacity. In addition to this, the government introduced an EGP 100 million initiative with an objective to offer funding to businesses in the industrial sector as a part of the plan to raise local manufacturing. All these factors will lead to an upsurge in demand for low voltage switchgear during the forecast period.

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Egypt Low Voltage Switchgear Market Segmentation:

According to the report published by GMI Research, titled “Egypt Low Voltage Switchgear Market,” the industry is predicted to witness the highest CAGR during the forecast period. The segmentation of the market is as follows:

By Protection:

Circuit Breakers
ACB
MCCB
MCB
MSP
MPCB
Fuse
Fuse-Switch Disconnector
Switch Disconnector with Fuse
Others

By Product:

Fixed Mounting
Plug-in
Withdrawable Unit

By Rated Current:

≤ 1000 Ampere
1001 to 5000 Ampere
> 5000 Ampere

By Voltage Rating:

≤ 250 Volts
251 to 750 Volts
> 750 Volts

By Installation:

Indoor
Outdoor

By Current:

By Application:

Substation
Distribution
Power Factor Correction
Sub Distribution
Motor Control

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