UAE Low Voltage Industrial Controls Market – Opportunities & Forecast, 2019-2026

Press Release : April 01, 2020
UAE Low Voltage Industrial Controls Market – Opportunities & Forecast, 2019-2026

The Industrial control system comprises different types of control systems, including devices, systems, and networks, which are used to operate various industrial processes. Industrial control is one of the major applications of electronics. In industrial control, the electronic component, circuits, and other equipment are used to operate different types of machines in manufacturing plants. The industrial control electronics are used to switch machines off and on at the appropriate time and maintain their speed of operation. The low voltage industrial controls are used to control machine effectively and safely and helps in reducing energy consumption.

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The major factors driving the growth of the UAE Low Voltage Industrial Control market during the forecast period include the increasing demand for renewable energy sources across the UAE and the growing demand for safer electrical distribution system followed by rapid industrialization. The growing number of infrastructural, industrial and non-industrial projects in UAE including the development of Dubai Creek Harbour, Burj Jumeirah, and Smart City plan, will boost the demand for industrial machineries, thereby accelerating the growth for the UAE Low Voltage Industrial Control market. The low voltage industrial control devices are highly efficient and cost-effective, which makes them ideal for commercial, residential, and renewable energy applications. Moreover, the UAE’s government is mainly focusing on increasing power generating capacity to meet the growing energy demand. This initiative will encourage the development of new energy projects, which will have a positive impact on the need for the low voltage industrial control over the coming years. On the other hand, the rising cost of the raw material of the industrial control systems will hamper the growth of the UAE Low Voltage Industrial Control market over the coming years.

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Various notable players in the Low Voltage Industrial Controls market include ABB UAE, Siemens UAE, Rockwell Automation UAE, Schneider Electric UAE, General Electric UAE, Honeywell International Inc., Fuji Electric Co., Ltd., Mitsubishi Electric Saudi Ltd., Alstom UAE and among others.

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The UAE Low Voltage Industrial Controls market has been segmented based on the product and application. Based on the product, the market is segmented Circuit Breaker, Contactors and Relays, Motor Starters, Thermal Overload Relay, Others. Based on the circuit breaker, the market is further segmented into Molded Case Circuit Breaker (MCCB), and Miniature Circuit Breaker (MCB). Based on application, the market is segmented into Process Industry, Manufacturing Industry, Transportation, Aerospace & Defense, Commercial, Residential, Renewable Energy, Telecommunication.

Key questions answered in this research report:

 

  • At what pace is the UAE Low Voltage Industrial Controls market growing? What will be a growing trend in the future?
  • What are the key drivers and restraints in the UAE Low Voltage Industrial Controls market? What will be the impact of drivers and restraints in the future?
  • What are the various application of the UAE Low Voltage Industrial Controls market, and how are they poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

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