Middle East & Africa Low-voltage Cable Market Outlook, 2028

Middle East & Africa Low-voltage Cable Market Outlook, 2028

The low voltage cable market in the Middle East has seen substantial expansion and development. The demand for low voltage cables has increased as a result of quick urbanisation, growing infrastructure developments, and rising industries. This is explained by the demand for dependable and effective electrical distribution networks across a range of industries, including infrastructure, commerce, and industry. Skyscrapers, malls, airports, and smart cities are just a few of the ambitious development projects the Middle East is renowned for. These projects call for cutting-edge low voltage cable solutions for power distribution, lighting, and communication systems. The region's focus on renewable energy sources has further propelled the demand for low voltage cables, especially in solar and wind power installations. The Middle East is embracing sustainable energy solutions to diversify its energy mix and reduce dependence on fossil fuels. The Middle East serves as a regional trade hub, facilitating the distribution and export of low voltage cables to neighboring countries and beyond. The strategic location and well-established logistics networks contribute to the growth and accessibility of the market.

According to the research report “Middle East & Africa Low Voltage Market Outlook, 2028,"" published by Bonafide Research, The market is projected to reach market size more than USD 6.77 Billion by 2028.Some prominent companies known for their manufacturing capabilities in the low voltage cable sector include Prysmian Group, Nexans, General Cable Technologies Corporation, Southwire Company, LLC, Belden Inc., Furukawa Electric Co., Ltd, In the Middle East and Africa (MEA) region, there are several associations and organizations that play a role in the low voltage industry. Middle East Electricity (MEE), South African National Cable Manufacturers Association (SANCMA), Energy, Utility & Environment Conference (EUEC) Middle East .Ducab, Riyadh Cables Group, Nexans Gulf, Oman Cables Industry, Alfanar Group are the company manufacture for low voltage. The MEA low voltage cable market is influenced by factors such as population growth, urbanization, government initiatives, industrial expansion, and renewable energy projects. Low voltage cable manufacturers and suppliers can capitalize on these opportunities by providing high-quality and reliable solutions tailored to the region's specific requirements.

The United Arab Emirates (UAE) is significant in the low voltage market in the MEA region due to its rapid infrastructure development, booming real estate sector, technological advancements, and its role as a business and trade hub. The UAE's extensive construction projects, urbanization, and smart city initiatives have created a high demand for low voltage products. The government's support for sustainable development and energy efficiency further drives the adoption of low voltage solutions. With a favorable business environment and a focus on innovation, the UAE has emerged as a key market for low voltage products, attracting manufacturers, suppliers, and investors from around the world.With its ambitious Vision 2030 plan, Saudi Arabia aims to diversify its economy and reduce its dependence on oil. This has led to significant investments in sectors such as construction, manufacturing, and renewable energy, all of which require extensive use of low voltage cables. The country's commitment to large-scale infrastructure projects, such as NEOM and the Riyadh Metro, presents lucrative opportunities for low voltage cable manufacturers. South Africa has a well-established electrical infrastructure and is a key player in the MEA region. The country's mining industry, urbanization, and ongoing construction projects contribute to the demand for low voltage cables. Additionally, South Africa is known for its renewable energy initiatives, including wind and solar farms, which rely on high-quality low voltage cables for efficient power transmission. The COVID-19 pandemic has had a significant impact on the low voltage market in the MEA region. Supply chain disruptions, project delays and cancellations, reduced demand, financial constraints, workforce and labor shortages, and the adoption of remote monitoring and maintenance have been observed. However, as economic activities resume and infrastructure projects regain momentum, the market is expected to recover. The focus on digitalization and smart technologies may drive the adoption of advanced low voltage solutions in the post-pandemic era. The industry has also implemented stringent health and safety measures to protect workers and ensure compliance with health guidelines. Copper is favored for low voltage cables in the MEA region due to its excellent electrical conductivity, reliability, and compatibility with local electrical standards. It is capable of efficiently transmitting electrical signals and has low resistance, making it ideal for various low voltage applications, including power distribution, building wiring, and telecommunications.

Rapid urbanization and population growth are creating a higher demand for infrastructure development, including electrical systems. As cities expand and new buildings are constructed, there is an increased need for low voltage solutions. The rising adoption of renewable energy sources in the region, such as solar and wind power, is driving the demand for low voltage systems that can efficiently distribute and manage clean energy. The transition towards sustainable energy solutions is propelling the growth of the low voltage market. The most commonly used installation type in MEA for low voltage is overhead installation. Overhead installation involves the use of overhead power lines and cables that are suspended on poles or towers. This installation type is cost-effective, relatively easier to implement, and suitable for areas with lower population density or rural regions. It allows for efficient transmission and distribution of low voltage electricity across long distances.

Considered in this report
• Geography: Middle East and Africa
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Middle East and Africa Low Voltage Cable market with its value and forecast along with its segments
• Country-wise Low Voltage Cable Market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

Countries covered in the report:
• UAE
• Saudi Arabia
• South Africa

By Installation Type:
• Overhead
• Underground
• Submarine

By End Users:
• Power Infrastructure (Energy, Power Transmission, and Distribution)
• IT & Telecommunication
• Building & Construction (Commercial and Residential)
• Aerospace & Defence
• Consumer Electronics
• Automotive (Passenger, Commercial, and Utility Vehicles)
• Others (Oil & Gas Industry, Industrial Machinery and Manufacturing, Medical Equipment, Logistics, etc.)

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Artificial Lawn industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.***Please Note: It will take 48 hours (2 Business days) for delivery of the report upon order confirmation.