Middle East & Africa Electric Control Panel Market Forecast to 2030

Report Code : BMIRE00026137 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 20/Sep/2022
Middle East & Africa Electric Control Panel Market Forecast to 2030 – COVID-19 Impact and Regional 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)

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 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

● ABB Ltd

● Cetal

● Eaton

● Leviton Manufacturing Co., Inc.

● Rittal Gmbh & Co. KG

● Rockwell Automation, Inc.   

● Schneider Electric SE    

● Siemens AG

● SIMON PROtec

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. MEA Electric Control Panel Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA Electric Control Panel Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rise in Demand for Factory Automation

5.1.2 Increase in Use of Electric Panels in Mobile Machinery

5.2 Market Restraints

5.2.1 High Replacement and Deployment Costs, and Regulatory Non-Compliance

5.3 Market Opportunities

5.3.1 Need for Higher Quality Control and Panel Fabrication

5.4 Future Trends

5.4.1 Integration of Advanced Computing Services

5.5 Impact Analysis of Drivers and Restraints

6. MEA Electric Control Panel Market – Country Analysis

6.1 MEA Electric Control Panel Market Overview

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

7. MEA Electric Control Panel Market Analysis – By Form

7.1 Overview

7.2 MEA Electric Control Panel Market, by Form (2021 and 2030)

7.3 Enclosed

7.3.1 Overview

7.3.2 Enclosed: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

7.4 Open

7.4.1 Overview

7.4.2 Open: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

8. MEA Electric Control Panel Market Analysis – By Type

8.1 Overview

8.2 MEA Electric Control Panel Market, By Type (2021 and 2030)

8.3 Low Tension

8.3.1 Overview

8.3.2 Low Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

8.4 Medium and High Tension

8.4.1 Overview

8.4.2 Medium and High Tension: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9. MEA Electric Control Panel Market Analysis – By Industry

9.1 Overview

9.2 MEA Electric Control Panel Market, By Industry (2021 and 2030)

9.3 Manufacturing

9.3.1 Overview

9.3.2 Manufacturing: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.4 Chemical

9.4.1 Overview

9.4.2 Chemical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.5 Automotive

9.5.1 Overview

9.5.2 Automotive: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.6 Food & Beverages

9.6.1 Overview

9.6.2 Food & Beverages: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.7 Power

9.7.1 Overview

9.7.2 Power: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.8 Oil & Gas

9.8.1 Overview

9.8.2 Oil & Gas: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.9 Pharmaceutical

9.9.1 Overview

9.9.2 Pharmaceutical: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.10 Aerospace and Defense

9.10.1 Overview

9.10.2 Aerospace and Defense: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

9.11 Others

9.11.1 Overview

9.11.2 Others: Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

10. MEA Electric Control Panel Market – Country Analysis

10.1 Overview

10.1.1 MEA: Electric Control Panel Market Breakdown, by Country

10.1.1.1 South Africa Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.1.1.1.1 South Africa: Electric Control Panel Market Breakdown, by Form

10.1.1.1.2 South Africa: Electric Control Panel Market Breakdown, by Type

10.1.1.1.3 South Africa: Electric Control Panel Market Breakdown, by Industry

10.1.1.2 Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.1.1.2.1 Saudi Arabia: Electric Control Panel Market Breakdown, by Form

10.1.1.2.2 Saudi Arabia: Electric Control Panel Market Breakdown, by Type

10.1.1.2.3 Saudi Arabia: Electric Control Panel Market Breakdown, by Industry

10.1.1.3 UAE Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.1.1.3.1 UAE: Electric Control Panel Market Breakdown, by Form

10.1.1.3.2 UAE: Electric Control Panel Market Breakdown, by Type

10.1.1.3.3 UAE: Electric Control Panel Market Breakdown, by Industry

10.1.1.4 Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 (US$ Million)

10.1.1.4.1 Rest of MEA: Electric Control Panel Market Breakdown, by Form

10.1.1.4.2 Rest of MEA: Electric Control Panel Market Breakdown, by Type

10.1.1.4.3 Rest of MEA: Electric Control Panel Market Breakdown, by Industry

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 ABB Ltd

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Cetal

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Eaton

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Leviton Manufacturing Co., Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Rittal Gmbh & Co. KG

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Rockwell Automation, Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Schneider Electric SE

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Siemens AG

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 SIMON PROtec

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index

LIST OF TABLES.

Table 1.             MEA Electric Control Panel Market – Revenue and Forecast to 2030 (US$ Million)

Table 2.             South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 3.             South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Type(US$ Million)

Table 4.             South Africa Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 5.             Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 6.             Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 7.             Saudi Arabia Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 8.             UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 9.             UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Type(US$ Million)

Table 10.          UAE Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 11.          Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Form (US$ Million)

Table 12.          Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Type (US$ Million)

Table 13.          Rest of MEA Electric Control Panel Market: Revenue and Forecast to 2030 – By Industry (US$ Million)

Table 14.          List of Abbreviation

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

● ABB Ltd

● Cetal

● Eaton

● Leviton Manufacturing Co., Inc.

● Rittal Gmbh & Co. KG

● Rockwell Automation, Inc.   

● Schneider Electric SE    

● Siemens AG

● SIMON PROtec

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA electric control panel market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the MEA electric control panel market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the electric control panel market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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