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Stock impact report

Middle East & Africa Air & Gas Insulated MV Switchgear Market Report & Database 2024-2030 Featuring Alfanar, Siemens, Eaton, Elatec, ABB, Schneider Electric, RWW, and Efacec [Yahoo! Financ...

SCHNEIDER ELEC UNSP/ADR (SBGSY) 
Company Research Source: Yahoo! Finance
With an active increase in Distributed Generation (DERs) and Electric Vehicle (EV) penetration, grid dynamics at the distribution level are more complex than ever. MV Switchgear market has further complex demand dynamics considering the varying distribution grid structure around the world and factors like primary vs secondary switchgear use and equipment preferences (Indoor vs Outdoor). As of 2023, the MEA region accounted for 11% of the global MV AIS market and 14% of the global MV GIS market. MEA is a GIS-dominant market with the majority of market share coming from the secondary distribution level. Digitalization is not high on the agenda in the MEA region, especially at the medium voltage distribution level. Saudi Arabia might be an exception, where SEC, the major distribution utility, plans to fully digitize its national control center, automate 100,000 MV switches, and install 25,000 smart meters by 2025. Scope This MV Switchgear research service focuses on three applic Show less Read more
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