Market Forecast By Types (Low Voltage Power Converter, High Voltage Power Converter), By Applications (Electronics, Power Utility, Transportation Infrastructure, Industrial, Telecommunication Infrastructure & Others), By Countries (Turkey, Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait & Rest Of Middle East Region) And Competitive Landscape
According to 6Wresearch, Middle East Power Converter Market size is anticipated to register growth during 2020-26. The Middle East market is expected to register a decline in demand during 2020, due to the global pandemic COVID-19, which has affected the economic growth in the region. However, the market is expected to regain momentum by the first half of 2021 owing to the projected increase in investment in the construction sector along with expanding manufacturing and industrial sectors in the region. The transportation infrastructure is expected to be the leading revenue-generating segment in the Middle East power converter market owing to the growing transportation construction projects in the region.
Key Highlights of the Report:
- Middle East Power Converter Market Overview
- Middle East Power Converter Market Outlook
- Middle East Power Converter Market Forecast
- Historical Data of Middle East Power Converter Market Revenues & Volume for the Period 2016-2019
- Historical Data of Turkey Power Converter Market Revenues & Volume, for the Period 2016-2019
- Market Size & Forecast of Turkey Power Converter Market Revenues & Volume, Until 2026
- Historical Data of Saudi Arabia Power Converter Market Revenues & Volume, for the Period 2016-2019
- Market Size & Forecast of Saudi Arabia Power Converter Market Revenues & Volume, Until 2026
- Historical Data of UAE Power Converter Market Revenues & Volume, for the Period 2016-2019
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