Middle East And Africa Electric Power Distribution Automation Systems Market 2022-2028
MARKET OUTLOOK
Triton Market Research’s analysis on the Middle East and Africa’s electric power distribution automation systems market indicates that it is likely to develop with a CAGR of 7.08% in the forecasting years from 2022 to 2028. The United Arab Emirates, South Africa, Turkey, Saudi Arabia, and Rest of Middle East & Africa together shape the market in this region.
The United Arab Emirates has some of the highest solar exposure rates in the world, which gives it tremendous potential for renewable energy development. The country’s future plans involve clean energy development, which is also in line with its Energy Strategy 2050. To aid this, the UAE is focusing on strengthening its T&D network.
The nation also intends to move towards building advanced electricity infrastructure and implementing energy efficiency programs, with smart grids and EVs being core areas of focus. In addition, according to data from the IRENA, the United Arab Emirates is expected to install more than 18 GW of solar energy by 2030. This, in turn, is expected to boost the demand for smart grids in the future, thereby creating numerous opportunities for market players.
In November 2020, the Ministry of Energy in Saudi Arabia held a news conference to announce comprehensive changes in the country’s energy sector that would secure the long-term health and sustainability of the electrical industry, in line with the Kingdom’s Vision 2030 goals. Such developments are expected to aid the development of Saudi’s electric power distribution automation systems market.
COMPETITIVE OUTLOOK
The eminent players in the electric power distribution automation systems market include Mitsubishi Electric Corporation, G&W Electric Company, Eaton Corporation plc, General Electric Company, Hitachi Ltd, Siemens AG, and Hubbell Power Systems.
- 1. Middle East And Africa Electric Power Distribution Automation Systems Market – Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Electric Power Distribution Automation Systems Market
- 2.2. Evolution & Transition Of Electric Power Distribution Automation Systems
- 2.3. Key Insights
- 2.3.1. Rising Investments In Smart Cities By Governing Agencies Of Numerous Countries
- 2.3.2. Surging Demand For Smart Grids
- 2.4. Porter’s Five Forces Analysis
- 2.4.1. Threat Of New Entrants
- 2.4.2. Threat Of Substitute
- 2.4.3. Bargaining Power Of Buyers
- 2.4.4. Bargaining Power Of Suppliers
- 2.4.5. Threat Of Competitive Rivalry
- 2.5. Key Impact Analysis
- 2.5.1. Superior Technology
- 2.5.2. Application
- 2.5.3. Efficiency
- 2.5.4. Reliability
- 2.6. Market Attractiveness Index
- 2.7. Vendor Scorecard
- 2.8. Industry Components
- 2.9. Regulatory Framework
- 2.10. Key Market Strategies
- 2.10.1. Acquisitions
- 2.10.2. Product Launches
- 2.10.3. Partnerships
- 2.11. Market Drivers
- 2.11.1. Increasing Requirement Of Electricity At Commercial Places
- 2.11.2. High Reliability Of Distribution Automation Systems
- 2.11.3. Rise In The Demand For Energy Efficiency & Fault Detection
- 2.11.4. Aging Power Infrastructure
- 2.12. Market Challenges
- 2.12.1. Privation Of Middle East And Africa Standards
- 2.12.2. Security Concerns
- 2.12.3. Lack Of Use Of Tools For Operational Planning
- 2.13. Market Opportunities
- 2.13.1. Increasing Investment In R&D Activities To Introduce Innovative Technologies
- 2.13.2. Rise In Investment For Smart Grids
- 3. Middle East And Africa Electric Power Distribution Automation Systems Market Outlook – By Implementation
- 3.1. Substation Automation
- 3.2. Feeder Automation
- 3.3. Consumer Automation
- 4. Middle East And Africa Electric Power Distribution Automation Systems Market Outlook – By End-user
- 4.1. Industrial
- 4.2. Commercial
- 4.3. Residential
- 5. Middle East And Africa Electric Power Distribution Automation Systems Market – Country Outlook
- 5.1. The United Arab Emirates
- 5.2. Saudi Arabia
- 5.3. Turkey
- 5.4. South Africa
- 5.5. Rest Of Middle East & Africa
- 6. Competitive Landscape
- 6.1. Abb Ltd
- 6.2. Eaton Corporation Plc
- 6.3. Siemens Ag
- 6.4. G&W Electric Company
- 6.5. General Electric Company
- 6.6. Itron Inc
- 6.7. Mitsubishi Electric Corporation
- 6.8. Schweitzer Engineering Laboratories Inc
- 6.9. Honeywell International Inc
- 6.10. S&C Electric Company
- 6.11. Hitachi Ltd
- 6.12. Schneider Electric
- 6.13. Oracle Corporation
- 6.14. Hubbell Power Systems
- 7. Research Methodology & Scope
- 7.1. Research Scope & Deliverables
- 7.2. Sources Of Data
- 7.3. Research Methodology
- Table List
- Table 1: Middle East And Africa Electric Power Distribution Automation Systems Market, By Country Outlook, 2022-2028 (In $ Million)
- Table 2: Vendor Scorecard
- Table 3: Regulatory Framework
- Table 4: List Of Acquisitions
- Table 5: List Of Product Launches
- Table 6: List Of Partnerships
- Table 7: Middle East And Africa Electric Power Distribution Automation Systems Market, By Implementation, 2022-2028 (In $ Million)
- Table 8: Middle East And Africa Electric Power Distribution Automation Systems Market, By End-user, 2022-2028 (In $ Million)
- Table 9: Middle East And Africa Electric Power Distribution Automation Systems Market, By Country Outlook, 2022-2028 (In $ Million)
- Figure List
- Figure 1: The Patent Applicants In The Electricity Sector Before & After The Covid-19 Outbreak
- Figure 2: Key Buying Impact Analysis
- Figure 3: Market Attractiveness Index
- Figure 4: Industry Components
- Figure 5: Middle East And Africa Electric Power Distribution Automation Systems Market, By Implementation, 2021 & 2028 (In %)
- Figure 6: Middle East And Africa Electric Power Distribution Automation Systems Market, By Substation Automation, 2022-2028 (In $ Million)
- Figure 7: Middle East And Africa Electric Power Distribution Automation Systems Market, By Feeder Automation, 2022-2028 (In $ Million)
- Figure 8: Middle East And Africa Electric Power Distribution Automation Systems Market, By Consumer Automation, 2022-2028 (In $ Million)
- Figure 9: Middle East And Africa Electric Power Distribution Automation Systems Market, By End-user, 2021 & 2028 (In %)
- Figure 10: Middle East And Africa Electric Power Distribution Automation Systems Market, By Industrial, 2022-2028 (In $ Million)
- Figure 11: Middle East And Africa Electric Power Distribution Automation Systems Market, By Commercial, 2022-2028 (In $ Million)
- Figure 12: Middle East And Africa Electric Power Distribution Automation Systems Market, By Residential, 2022-2028 (In $ Million)
- Figure 13: Middle East And Africa Electric Power Distribution Automation Systems Market, By Regional Outlook, 2021 & 2028 (In %)
- Figure 14: The United Arab Emirates Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 15: Saudi Arabia Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 16: Turkey Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 17: South Africa Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
- Figure 18: Rest Of Middle East & Africa Electric Power Distribution Automation Systems Market 2022-2028 (In $ Million)
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