Market Forecast By Types (AAC (All Aluminium Conductor), ACSR (Aluminium Conductor Steel Reinforced), AAAC (All Aluminium Alloy Conductor), ACAR (Aluminium Conductor Aluminium Alloy Reinforced)), By Applications (Power Cables, Transformer, Busbars, Submarine Power Cables), By Countries (Turkey, Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait & Rest Of Middle East Region) And Competitive Landscape
According to 6Wresearch, Middle East Electrical Conductors Market size is anticipated to register growth during 2020-26. Saudi Arabia and UAE together contributed to a leading share of market revenue pie owing to the growing demand for green electrical products in the countries coupled with growing government investment for the development of the renewable power plants in the countries. For instance, in 2019, Noor Abu Dhabi, the world’s largest solar power plant was built in UAE with a capacity to produce 1.17 gig watts of power. Based on applications, power cables accounted for a leading share of market demand in the Middle East market due to the high installation of power cables to supply the electricity. However, the transformer segment is expected to register high growth during the forecast period on the back of growing power plants in the region.
Key Highlights of the Report:
- Middle East Electrical Conductors Market Overview
- Middle East Electrical Conductors Market Outlook
- Middle East Electrical Conductors Market Forecast
- Historical Data of Middle East Electrical Conductors Market Revenues for the Period 2016-2019
- Historical Data of Turkey Electrical Conductors Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Turkey Electrical Conductors Market Revenues, Until 2026
- Historical Data of Saudi Arabia Electrical Conductors Market Revenues, for the Period 2016-2019
- Market Size & Forecast of Saudi Arabia Electrical Conductors Market Revenues, Until 2026
- Historical Data of UAE Electrical Conductors Market Revenues, for the Period 2016-2019
- Market Size & Forecast of UAE Electrical Conductors Market Revenues, Until 2026
- Historical Data of Qatar Electrical Conductors Market Revenues, for the Period 2016-2019
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