The Latin America, Middle East and Africa Fixed Switch Cabinet Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
By giving real-time data on issues and opportunities for improvement, monitoring technology in fixed switch cabinets helps maintenance staff make better decisions by warning them when old, overworked equipment is likely to break. In addition to the restrictions mentioned above, switchgear electrical networks, especially those located outside, can also be affected by environmental variables, including temperature and humidity, and groundwater seepage. Consequently, the necessity for a fixed switch cabinet increases in this situation.
The most developed economies and developing nations alike are prioritizing infrastructure investment. Infrastructure projects like building roads and installing dependable energy in developing nations will drastically change the lives of the populace and the possibilities for businesses. Maintaining economic growth in more developed economies depends on meeting demand and investing in new and improved infrastructure.
The government of Argentina is making efforts to increase its dependence on renewable sources for its energy needs. Small-scale wind farms and bioenergy activities are the government's main focus area. Argentina has held several solar, wind, biogas, small hydro, and biomass project auctions since 2016 in complete conformity with Resolution 136/2016. This resolution establishes the legal framework to increase the generation of energy from renewable sources and reach 20% of the nation's demand by 2025. As more regional governments start to invest in renewable energy sources, the demand for fixed switch cabinet will keep on increasing. Therefore, the market will grow exponentially in the LAMEA region.
The Brazil market dominated the LAMEA Fixed Switch Cabinet Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $51.6 Million by 2028. The Argentina market is experiencing a CAGR of 8.6% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7.7% during (2022 - 2028).
Based on Type, the market is segmented into high voltage switch cabinet and low voltage switch cabinet. Based on Application, the market is segmented into infrastructure & utilities, Energy, Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Fixed Switch Cabinet Market is Projected to reach USD 2.5 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Ltd., Belden, Inc., Clipsal (Schneider Electric SE), Minimax Fire Solutions International GmbH (Minimax Viking GmbH), Coslight Group Harbin Switch Co., Ltd, StarTech.com Ltd., TEWE Elektronic GmbH & Co. KG, Cannon Technologies Ltd., NUM AG and HUIMU Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Type
- High Voltage Switch Cabinet
- Low Voltage Switch Cabinet
By Application
- Infrastructure & Utilities
- Energy
- Industrial
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Ltd.
- Belden, Inc.
- Clipsal (Schneider Electric SE)
- Minimax Fire Solutions International GmbH (Minimax Viking GmbH)
- Coslight Group Harbin Switch Co., Ltd
- StarTech.com Ltd.
- TEWE Elektronic GmbH & Co. KG
- Cannon Technologies Ltd.
- NUM AG
- HUIMU Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Fixed Switch Cabinet Market, by Type
1.4.2 LAMEA Fixed Switch Cabinet Market, by Application
1.4.3 LAMEA Fixed Switch Cabinet Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Fixed Switch Cabinet Market by Type
3.1 LAMEA Ніgh Vоltаgе Ѕwіtсh Саbіnеt Market by Country
3.2 LAMEA Low Vоltаgе Ѕwіtсh Саbіnеt Market by Country
Chapter 4. LAMEA Fixed Switch Cabinet Market by Application
4.1 LAMEA Іnfrаѕtruсturе & Utіlіtіеѕ Market by Country
4.2 LAMEA Energy Market by Country
4.3 LAMEA Industrial Market by Country
4.4 LAMEA Others Market by Country
Chapter 5. LAMEA Fixed Switch Cabinet Market by Country
5.1 Brazil Fixed Switch Cabinet Market
5.1.1 Brazil Fixed Switch Cabinet Market by Type
5.1.2 Brazil Fixed Switch Cabinet Market by Application
5.2 Argentina Fixed Switch Cabinet Market
5.2.1 Argentina Fixed Switch Cabinet Market by Type
5.2.2 Argentina Fixed Switch Cabinet Market by Application
5.3 UAE Fixed Switch Cabinet Market
5.3.1 UAE Fixed Switch Cabinet Market by Type
5.3.2 UAE Fixed Switch Cabinet Market by Application
5.4 Saudi Arabia Fixed Switch Cabinet Market
5.4.1 Saudi Arabia Fixed Switch Cabinet Market by Type
5.4.2 Saudi Arabia Fixed Switch Cabinet Market by Application
5.5 South Africa Fixed Switch Cabinet Market
5.5.1 South Africa Fixed Switch Cabinet Market by Type
5.5.2 South Africa Fixed Switch Cabinet Market by Application
5.6 Nigeria Fixed Switch Cabinet Market
5.6.1 Nigeria Fixed Switch Cabinet Market by Type
5.6.2 Nigeria Fixed Switch Cabinet Market by Application
5.7 Rest of LAMEA Fixed Switch Cabinet Market
5.7.1 Rest of LAMEA Fixed Switch Cabinet Market by Type
5.7.2 Rest of LAMEA Fixed Switch Cabinet Market by Application
Chapter 6. Company Profiles
6.1 ABB Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 SWOT Analysis
6.2 Belden, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers:
6.3 Clipsal (Schneider Electric SE)
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.4 Minimax Fire Solutions International GmbH (Minimax Viking GmbH)
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Acquisition and Mergers:
6.5 Coslight Group Harbin Switch Co., Ltd
6.5.1 Company Overview
6.6 StarTech.com Ltd.
6.6.1 Company Overview
6.7 TEWE Elektronic GmbH & Co. KG
6.7.1 Company Overview
6.8 Cannon Technologies Ltd.
6.8.1 Company Overview
6.9 NUM AG
6.9.1 Company Overview
6.10. HUIMU Ltd.
6.10.1 Company Overview
TABLE 1 LAMEA Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 4 LAMEA Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 5 LAMEA Ніgh Vоltаgе Ѕwіtсh Саbіnеt Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Ніgh Vоltаgе Ѕwіtсh Саbіnеt Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Low Vоltаgе Ѕwіtсh Саbіnеt Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Low Vоltаgе Ѕwіtсh Саbіnеt Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 10 LAMEA Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 11 LAMEA Іnfrаѕtruсturе & Utіlіtіеѕ Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Іnfrаѕtruсturе & Utіlіtіеѕ Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Energy Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Energy Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Industrial Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Industrial Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Fixed Switch Cabinet Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Fixed Switch Cabinet Market by Country, 2022 - 2028, USD Million
TABLE 21 Brazil Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 22 Brazil Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 23 Brazil Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 24 Brazil Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 25 Brazil Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 26 Brazil Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 27 Argentina Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 28 Argentina Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 29 Argentina Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 30 Argentina Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 31 Argentina Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 32 Argentina Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 33 UAE Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 34 UAE Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 35 UAE Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 36 UAE Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 37 UAE Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 38 UAE Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 39 Saudi Arabia Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 40 Saudi Arabia Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 41 Saudi Arabia Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 42 Saudi Arabia Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 43 Saudi Arabia Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 44 Saudi Arabia Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 45 South Africa Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 46 South Africa Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 47 South Africa Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 48 South Africa Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 49 South Africa Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 50 South Africa Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 51 Nigeria Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 52 Nigeria Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 53 Nigeria Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 54 Nigeria Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 55 Nigeria Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 56 Nigeria Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 57 Rest of LAMEA Fixed Switch Cabinet Market, 2018 - 2021, USD Million
TABLE 58 Rest of LAMEA Fixed Switch Cabinet Market, 2022 - 2028, USD Million
TABLE 59 Rest of LAMEA Fixed Switch Cabinet Market by Type, 2018 - 2021, USD Million
TABLE 60 Rest of LAMEA Fixed Switch Cabinet Market by Type, 2022 - 2028, USD Million
TABLE 61 Rest of LAMEA Fixed Switch Cabinet Market by Application, 2018 - 2021, USD Million
TABLE 62 Rest of LAMEA Fixed Switch Cabinet Market by Application, 2022 - 2028, USD Million
TABLE 63 Key Information – ABB Ltd
TABLE 64 key information – Belden, Inc.
TABLE 65 Key Information – Clipsal
TABLE 66 Key Information – Minimax Fire Solutions International GmbH
TABLE 67 Key Information – Coslight Group Harbin Switch Co., Ltd
TABLE 68 Key Information – StarTech.com Ltd.
TABLE 69 Key Information – TEWE Elektronic GmbH & Co. KG
TABLE 70 Key Information – Cannon Technologies Ltd
TABLE 71 Key Information – NUM AG
TABLE 72 Key Information – HUIMU Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: ABB Ltd