Middle East & Africa Electric Control Panel Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis – by Form (Enclosed and Open), Type (Low Tension and Medium and High Tension), and Industry (Manufacturing, Chemical, Automotive, Food and Beverages, Power, Oil and Gas, Pharmaceutical, Aerospace and Defense, and Others)


No. of Pages: 137    |    Report Code: BMIRE00026137    |    Category: Electronics and Semiconductor

Middle East & Africa Electric Control Panel Market
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The MEA electric control panel market is expected to grow from US$ 272.99 million in 2022 to US$ 393.81 million by 2030; it is estimated to grow at a CAGR of 4.7% from 2022 to 2030.

 

In several countries, electric control panels (ECPs) need to meet several regulatory requirements, including compliance with specified standards and listings. A manufacturer may incur overhead costs if the local authorities having jurisdiction (AHJ) identify unapproved panels in market. Earlier, most electric control panels in operation were powered with AC power sources, but DC power has become a norm today. Changes in control voltage specifications have resulted in more efficient power usage. When power entering the panel is used more efficiently, the components emit less heat, allowing them to be mounted in proximity in accordance with the safety ratings. Panel builders must adhere to air spacing requirements recommended by component manufacturers, which help in the efficient dispersion of heat—the closer components may be mounted, the smaller will be the panel's footprint. In addition to improvements in components that go into control panels, the manufacturing process of electric control panels has also been made better. Previously, a manufacturer would use a tape measure, straight edge, and marker to manually prepare the layout of each panel, followed by drilling and tapping the panel's holes. This inefficient, time-consuming, and dirty process has now been replaced with AutoCAD, wherein automated drilling systems are deployed to carry out drilling and cordless screwdrivers are used to put self-tapping screws, which have made panel manufacturing operations easier and faster. The AutoCAD process is not only more efficient and cleaner, but it also leads to the creation of a higher-quality product. Therefore, the need for higher quality control and panel fabrication creates an opportunity for the electric control panel market.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA electric control panel market. The MEA electric control panel market is expected to grow at a good CAGR during the forecast period.  

 

 

MEA Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million)

 

MEA Electric Control Panel Market Revenue and Forecast to 2030 (US$ Million) 
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Middle East & Africa Electric Control Panel Strategic Insights

Strategic insights for the Middle East & Africa Electric Control Panel provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Middle East & Africa Electric Control Panel Report Scope

Report Attribute Details
Market size in 2022 US$ 272.99 Million
Market Size by 2030 US$ 393.81 Million
Global CAGR (2022 - 2030) 4.7%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Form
  • Enclosed
  • Open
By Type
  • Low Tension
  • Medium and High Tension
By Industry
  • Manufacturing
  • Chemical
  • Automotive
  • Food and Beverages
  • Power
  • Oil and Gas
  • Pharmaceutical
  • Aerospace and Defense
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd
  • Cetal
  • Eaton
  • Leviton Manufacturing Co., Inc.
  • Rittal Gmbh & Co. KG
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • SIMON PROtec
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    Middle East & Africa Electric Control Panel Regional Insights

    The geographic scope of the Middle East & Africa Electric Control Panel refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    MEA Electric Control Panel Market Segmentation     

     

    The MEA electric control panel market is segmented based on form, type, industry, and country. Based on form, the MEA electric control panel market is bifurcated into enclosed and open. The open segment dominated the market in 2022. Based on type, the MEA electric control panel market is bifurcated into low tension and medium and high tension. The medium and high-tension segment dominated the market in 2022. Based on industry, the MEA electric control panel market is segmented into manufacturing, chemical, automotive, food and beverages, power, oil and gas, pharmaceutical, aerospace and defense, and others. The power segment dominated the market in 2022. Based on country, the MEA electric control panel market

    is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. The Rest of MEA would dominate the market in 2022.     

     

    ABB Ltd; Cetal; Eaton; Leviton Manufacturing Co., Inc.; Rittal Gmbh & Co. KG; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; and SIMON PROtec are among the leading companies in the MEA electric control panel market.     

    The List of Companies - Middle East & Africa Electric Control Panel Market

    1. ABB Ltd
    2. Cetal
    3. Eaton
    4. Leviton Manufacturing Co., Inc.
    5. Rittal Gmbh & Co. KG
    6. Rockwell Automation, Inc.   
    7. Schneider Electric SE    
    8. Siemens AG
    9. SIMON PROtec  
    Frequently Asked Questions
    How big is the Middle East & Africa Electric Control Panel Market?

    The Middle East & Africa Electric Control Panel Market is valued at US$ 272.99 Million in 2022, it is projected to reach US$ 393.81 Million by 2030.

    What is the CAGR for Middle East & Africa Electric Control Panel Market by (2022 - 2030)?

    As per our report Middle East & Africa Electric Control Panel Market, the market size is valued at US$ 272.99 Million in 2022, projecting it to reach US$ 393.81 Million by 2030. This translates to a CAGR of approximately 4.7% during the forecast period.

    What segments are covered in this report?

    The Middle East & Africa Electric Control Panel Market report typically cover these key segments-

    • Form (Enclosed, Open)
    • Type (Low Tension, Medium and High Tension)
    • Industry (Manufacturing, Chemical, Automotive, Food and Beverages, Power, Oil and Gas, Pharmaceutical, Aerospace and Defense)

    What is the historic period, base year, and forecast period taken for Middle East & Africa Electric Control Panel Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Electric Control Panel Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in Middle East & Africa Electric Control Panel Market?

    The Middle East & Africa Electric Control Panel Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • ABB Ltd
  • Cetal
  • Eaton
  • Leviton Manufacturing Co., Inc.
  • Rittal Gmbh & Co. KG
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • SIMON PROtec
  • Who should buy this report?

    The Middle East & Africa Electric Control Panel Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Electric Control Panel Market value chain can benefit from the information contained in a comprehensive market report.

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