PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490910
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1490910
Middle East & Africa High Voltage Gas Insulated Switchgear Market size is projected to expand at over 8.7% CAGR from 2024 to 2032. The rapid urbanization and industrialization in the region are necessitating the expansion and upgrade of electrical infrastructure, boosting the demand for high voltage gas insulated switchgears (GIS). The launch of government initiatives to enhance electricity access and reliability are increasing the appeal of switchgears.
In February 2024, Hitachi Energy announced a partnership with Larsen & Toubro (L&T) to deliver a 380 kilovolt (kV) GIS for National Grid Saudi Arabia Company, a transmission system operator of Saudi Arabia. Such collaborations between industry players is positively influencing the market growth trajectory. The increasing investments in renewable energy projects, such as solar and wind are driving the adoption of GIS for efficient power transmission and distribution. The ingress of stringent regulations regarding environmental protection and safety standards will further encourage the use of GIS with compact design, reduced maintenance, and superior insulation properties.
The Middle East & Africa high voltage GIS industry is segregated into capacity, application, and country.
Based on capacity, the market size from the 145 kV segment is estimated to rise at significant rate from 2024 to 2032, due to the increasing urbanization, infrastructure development projects, and industrialization. Lately, the need for reliable and efficient electricity transmission and distribution solutions in medium voltage applications is rising. The compact design and space-saving benefits of GIS will also contribute to its adoption in the region.
MEA high voltage gas insulated switchgear market from the other application segment is slated to expand at notable rate through 2032. This is due to the increasing investments in infrastructure projects across the region. The demand for reliable and efficient electricity transmission and distribution solutions in various applications, including power generation, transmission, and distribution are fueling the product adoption. The rollout of stringent regulatory standards and rising need for grid modernization are also boosting the segment expansion.
Country-wise, the Egypt high voltage gas insulated switchgear industry is projected to exhibit notable growth from 2024 to 2032, owing to the increasing urbanization, industrialization, and infrastructure development projects. The surging demand for reliable and efficient electricity transmission and distribution solutions are fueling the adoption of GIS in the country. The launch of government initiatives to improve electricity access and reliability are increasing the product deployment. The growing emphasis on renewable energy integration is also spurring the regional industry expansion.