According to 6Wresearch, Middle East switchgear market size is projected to grow at a CAGR of 2.7% during 2019-25. The power sector of Middle East region is stable, marked by single-digit growth in GDP and electricity demand. Due to the past elections in some of the major economies of the region, potential effects of the new administration will be prevalent in energy policies. Moreover, the non-conventional renewable resources’ role would continue in the energy sectors across Middle East. Along with this, the price bids have also increased for solar and wind power in countries such as UAE and Saudi Arabia.
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"Middle East Switchgear Market (2019-2025)" report provides an in-depth analysis with 90 figures covered in 250 pages. The report estimates and forecast the overall Middle East switchgear market by voltage, insulation type, applications, camera and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
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