Middle East & Africa E-House Market Forecast to 2028

Middle East & Africa E-House Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Type (Fixed Substation and Mobile Substation), Component (Transformer, Bus Bar, Power Management System, Variable Frequency Drive, Switchgear, HVAC, and Others), and Application (Industrial and Utilities)

Report Code : BMIRE00027610 | Region : LAMEA | Industry : Electronics and Semiconductor | Published Date : 14/Dec/2022

The E-house market in Middle East & Africa is expected to grow from US$ 435.35 million in 2022 to US$ 625.04 million by 2028. It is estimated to grow at a CAGR of 6.2% from 2022 to 2028.

Middle East & Africa Region Anticipated to Provide Growth Opportunities for E-House Market

The rapid growth of the mining and oil & gas sectors in the Middle East & Africa and increasing demand for E-houses from the utility industry in Africa will likely boost the market growth. Adding to this, Middle East & Africa countries, such as Iraq, recovering from a long civil war, are anticipated to provide lucrative growth opportunities in the near future. Iraq's government focuses on restoring basic amenities such as power supply to business entities and people. For instance, the Ministry of Electricity in Iraq ordered 12 mobile substations for its utility sector in 2017. The increasing power supply led to installing new substations, thus overcoming the power shortage issue in Iraq. Mozambique, Angola, and Libya are a few major countries with significant demand for E-house in the Middle East & Africa. One of the major E-house companies operating in the Middle East & Africa is Kontrolmatik; it manufactures turnkey prefabricated and containerized E-house at its Mobile Energy Solutions Factory in Ankara, Türkiye. The company is involved in the overall E-house system and associated processes, such as equipment supply to system integration, engineering to produce the entire system, factory tests to field testing, and commissioning. The increasing number of oil & gas projects (such as Upper Zakum - Production Capacity Enhancement, Ruwais Refinery Complex - Refinery Expansion, Zubair Oil Field - Rehabilitation Phase and Enhanced Re-Development Phase, Ras Laffan - Qatargas – NFE, Basra Gas Gathering Project, and Al Zour Refinery) in the Middle East & Africa is also providing growth opportunities for the Middle East & Africa E-house market . As per the International Union of Railways, the government of the gulf region is working toward formulating the gulf railways program. It is also investing in developing the railway infrastructure in the Middle East. For instance, the Railway Assembly of the Middle East (RAME) was formed to meet the future needs of freight and passengers. Moreover, railway systems mostly prefer E-house power substations as they are mobile and can be easily transported to the operation facility. The government is focusing on reducing railways expenditure, which is expected to propel the growth of the Middle East & Africa E-house market in the region. Moreover, the tight/rough working conditions at mining facilities puts the workforce at the greatest risk, leading to the shutdown of various mining operations. For instance, the platinum mines of South Africa have been idled since the last week of March 2019. Such instances negatively impact the demand for mobile substation E-houses. However, the South African government allowed the mining sector to operate with 50% of its production capacity during the lockdown. Such initiatives are likely to provide growth opportunities in the Middle East & Africa.

Market Overview

Saudi Arabia, UAE, South Africa, and the Rest of Middle East & Africa are the key contributors to the E-house market in the Middle East & Africa. The prominent industries across the region are mining, oil & gas, and telecommunications. Due to the growing mining sector, international players are heading toward South Africa to grow their businesses. For instance, in August 2022, Theta Gold Mines, an Australian gold mining company, announced to restart the construction of Transvaal Gold Mining Estate's (TGME) underground gold mines in South Africa by December 2022. Further, the Council of Economic and Development Affairs in Saudi Arabia launched a strategic framework 'Vision 2030' to increase the country's dependency on several public sectors such as healthcare, education, infrastructure, and tourism. Under Vision 2030, the development of several infrastructure projects is expected to undergo construction in the country. In September 2022, URB is developing the 'Dubai Urban Tech District' in Al Jaddaf, Dubai. The district covers 140,000 square meters of land and will be able to host various events such as conferences, business incubation programs, and seminars; the project is expected to start by 2024 and is set to be completed by 2030 in two phases. Such developments will require E-house during the construction process, which is likely to boost the Middle East & Africa E-house market.

Middle East & Africa E-House Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa E-House Market Segmentation

The Middle East & Africa E-house market is segmented into type, component, application, and country.

Based on type, the market is bifurcated into fixed substation and mobile substation. The mobile substation segment registered the larger market share in 2022.

Based on component, the market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held the largest market share in 2022.

Based on application, the market is bifurcated into industrial and utilities. The industrial segment held the larger market share in 2022.

Based on country, the market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022.

ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Sécheron; Siemens AG; and WEG the leading companies operating in the E-house market in the Middle East & Africa region.

At 6.2% CAGR, the Middle East & Africa E-House Market is speculated to be worth US$ 625.04 million by 2028, says The Insight Partners

According to the Insight Partners’ research, the Middle East & Africa E-house market was valued at US$ 435.35 million in 2022 and is expected to reach US$ 625.04 million by 2028, registering a CAGR of 6.2% from 2022 to 2028. Technological advancements in E-houses and Middle East & Africa region anticipated to provide growth opportunities for E-house market are the critical factors attributed to the market expansion.

The addition of new features such as enhanced security levels, data management, linking applications with artificial intelligence (AI), smart control, innovative lighting technology, etc. is one of the major trends impacting the growth of the Middle East & Africa E-house market. AI-powered E-house can reduce energy consumption and carbon footprints by controlling smart plugs, smart thermostats, and automated lighting sensors. It can be said that technological advancements are an evolution in the Middle East & Africa E-house market. Also, the support provided by E-houses in expanding to new plant locations or setting up new sites is likely to propel the growth of the Middle East & Africa E-house market. Many companies are offering integrated E-houses to keep themselves ahead of their competitors. For instance, Schneider Electric installs, deploys, and manages E-houses and associated risks under its mining package. The integrated E-house helps in effective and smooth communication to the data center automated facilities of the business and between the officers. Further, the digital revolution of E-house in the energy sector is underway and has already made significant headway, providing enormous advantages and growth prospects. From electricity generation to management of customer relations, the influence of digitalization on electrical distribution is designed to increase flexibility throughout the value chain and enhance operations. By reducing the switchgear footprint in the substation room and managing switchgear operation effectively, installing digital switchgear already helps significantly to enhance operating efficiency. For instance, in medium-voltage switchgear with 30 panels at 11 kV, the width may be lowered by around 7% and the switchgear's energy consumption is reduced by about 300MWh throughout its lifespan. Various regulatory bodies and government associations encourage better measurement systems, environmental standards and regulations for generation and consumption, and more effective resource usage.

On the contrary, lack of technical expertise, high maintenance and replacement cost, and impact of covid -19 pandemic hurdles the growth of Middle East & Africa E-house market.

Based on type, the Middle East & Africa E-house market is bifurcated into fixed substation and mobile substation. The mobile substation segment held 63.8% market share in 2022, amassing US$ 277.88 million. It is projected to garner US$ 421.03 million by 2028 to expand at 7.2% CAGR during 2022–2028.

Based on application, the Middle East & Africa E-house market is bifurcated into industrial and utilities. The industrial segment held 78.3% market share in 2022, amassing US$ 340.95 million. It is projected to garner US$ 504.13 million by 2028 to expand at 6.7% CAGR during 2022–2028.

Based on component, the Middle East & Africa E-house market is segmented into transformer, bus bar, power management system, variable frequency drive, switchgear, HVAC, and others. The transformer segment held 34.1% market share in 2022, amassing US$ 148.61 million. It is projected to garner US$ 183.09 million by 2028 to expand at 3.5% CAGR during 2022–2028.

Based on country, the Middle East & Africa E-house market has been categorized into Saudi Arabia, UAE, South Africa, and rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 54.4% market share in 2022. It was assessed at US$ 237.02 million in 2022 and is likely to hit US$ 330.84 million by 2028, exhibiting a CAGR of 5.7% during the forecast period.

Key players profiles in the Middle East & Africa E-house market report are ABB Ltd; Becker Mining Systems AG; Eaton; Powell Industries, Inc.; Powergear Limited; Schneider Electric SE; Sécheron; Siemens AG; and WEG, among others.

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 E-House Market Landscape

4.1 Market Overview

4.2 MEA PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. MEA E-House Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Ease of Installation, Cost-Effectiveness, and Flexibility of E-House

5.1.2 Surge in Demand for E-Houses from Oil & Gas Sector

5.2 Market Restraints

5.2.1 Lack of Technical Expertise, High Maintenance and Replacement Cost, and Impact of COVID -19 Pandemic

5.3 Market Opportunities

5.3.1 MEA Region Anticipated to Provide Growth Opportunities for E-House Market

5.4 Future Trends

5.4.1 Technological Advancements in E-Houses

5.5 Impact Analysis of Drivers and Restraints

6. E-House Market – MEA Analysis

6.1 MEA E-House Market Overview

6.2 MEA E-House Market – Revenue and Forecast to 2028 (US$ Million)

7. MEA E-House Market Revenue and Forecast to 2028 – Type

7.1 Overview

7.2 MEA E-house Market, By Type (2021 And 2028)

7.3 Fixed Substation

7.3.1 Overview

7.3.2 Fixed Substation: E-house Market Revenue and Forecast To 2028 (US$ Million)

7.4 Mobile Substation

7.4.1 Overview

7.4.2 Mobile Substation: E-House Market Revenue and Forecast To 2028 (US$ Million)

8. MEA E-House Market Analysis – By Component

8.1 Overview

8.2 MEA E-House Market, By Component (2021 and 2028)

8.3 Transformer

8.3.1 Overview

8.3.2 Transformer: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.4 Bus Bar

8.4.1 Overview

8.4.2 Bus Bar: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.5 Power Management System

8.5.1 Overview

8.5.2 Power Management System: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.6 Variable Frequency Drive

8.6.1 Overview

8.6.2 Variable Frequency Drive: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.7 Switchgear

8.7.1 Overview

8.7.2 Switchgear: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.8 HVAC

8.8.1 Overview

8.8.2 HVAC: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

9. MEA E-House Market Analysis – By Application

9.1 Overview

9.2 MEA E-House Market, By Application (2021 and 2028)

9.3 Industrial

9.3.1 Overview

9.3.2 Industrial: E-House Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Utilities

9.4.1 Overview

9.4.2 Utilities: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10. MEA E-House Market – Country Analysis

10.1 Overview

10.1.1 MEA: E-House Market- by Key Country

10.1.1.1 South Africa: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 South Africa: E-House Market- by Type

10.1.1.1.2 South Africa: E-House Market- By Application

10.1.1.1.3 South Africa: E-House Market- By Component

10.1.1.2 Saudi Arabia: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Saudi Arabia: E-House Market- by Type

10.1.1.2.2 Saudi Arabia: E-House Market- By Application

10.1.1.2.3 Saudi Arabia: E-House Market- By Component

10.1.1.3 UAE: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 UAE: E-House Market- by Type

10.1.1.3.2 UAE: E-House Market- By Application

10.1.1.3.3 UAE: E-House Market- By Component

10.1.1.4 Rest of MEA: E-House Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 Rest of MEA: E-House Market- by Type

10.1.1.4.2 Rest of MEA: E-House Market- By Application

10.1.1.4.3 Rest of MEA: E-House Market- By Component

11. Industry Landscape

11.1 Overview

11.2 Merger and Acquisition

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 Eaton

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 Becker Mining Systems AG

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 Schneider Electric SE

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 Siemens AG

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 WEG

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 Sécheron

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 Powergear Limited

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 Powell Industries, Inc.

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 E-House Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             South Africa: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.             South Africa: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 4.             South Africa: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Saudi Arabia: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 6.             Saudi Arabia: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 7.             Saudi Arabia: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 8.             UAE: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             UAE: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          UAE: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 11.          Rest of MEA: E-House Market- by Type –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of MEA: E-House Market- By Application –Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of MEA: E-House Market- By Component –Revenue and Forecast to 2028 (US$ Million)

Table 14.          List of Abbreviation

LIST OF FIGURES.

Figure 1.           MEA E-House Market Segmentation

Figure 2.           MEA E-House Market Segmentation – By Country

Figure 3.           MEA E-House Market Overview

Figure 4.           MEA E-House Market, By Type

Figure 5.           MEA E-House Market, By Application

Figure 6.           MEA E-House Market, By Component

Figure 7.           MEA E-House Market, By Country

Figure 8.           Middle East and Africa: PEST Analysis

Figure 9.           MEA Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        MEA E-House Market Impact Analysis of Drivers and Restraints

Figure 12.        MEA E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        MEA E-house Market, By Type (2021 and 2028)

Figure 14.        MEA Fixed Substation: E-house Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        MEA Mobile Substation: E-house Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        MEA E-House market Revenue Share, by Component (2021 and 2028)

Figure 17.        MEA Transformer: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18.        MEA Bus Bar: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19.        MEA Power Management System: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        MEA Variable Frequency Drive: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 21.        MEA Switchgear: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 22.        MEA HVAC: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 23.        MEA Others: E-House Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 24.        MEA E-House Market Revenue Share, by Application (2021 and 2028)

Figure 25.        MEA Industrial: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        MEA Utilities: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        MEA: E-House Market, By Key Country- Revenue (2021) (US$ Million)

Figure 28.        MEA: E-House Market Revenue Share, By Key Country (2021 and 2028)

Figure 29.        South Africa: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Saudi Arabia: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        UAE: E-House Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Rest of MEA: E-House Market – Revenue and Forecast to 2028 (US$ Million)

● ABB Ltd

● Becker Mining Systems AG

● Eaton

● Powell Industries, Inc.

● Powergear Limited

● Schneider Electric SE

● Sécheron

● Siemens AG

● WEG

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa E-house 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 Middle East & Africa E-house 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 Middle East & Africa market trends and outlook coupled with the factors driving the E-house 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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