Qatar Medium Voltage Substation Market, By Component (Circuit Breaker, Protective Relay, Transformer, Switchgear, Others), By Type (Transmission and Distribution), By End Use (Metal, Utility, Mining, Oil & Gas, Transportation, Others), By Category (New, Refurbished), By Region, Competition Forecast & Opportunities, 2016-2026

May 2021 | 98 pages | ID: Q9A84CD96EF8EN
TechSci Research

Abstracts

Qatar medium voltage substation market stood at USD342.51 million in 2020 and is forecast to grow at a CAGR of over 8.58% until 2026. Growth in the medium voltage substation market is driven by growing electricity consumption, increasing industrialization and rapid urbanization across Qatar. Furthermore, the high rate of infrastructure construction, growing transportation sector, and rising manufacturing sector, among others are expected to push the demand for power, which is likely to create an opportunity for the medium voltage substation market in the near future. Also, the growing focus of government towards diversifying the national economy away from hydrocarbons and encouraging sustainable use of resources such as the adoption of solar energy is additionally anticipated to act as a catalyst in the growth of the medium voltage substation in the country.

Based on component, the market can be segmented into Circuit Breaker, Protective Relay, Transformer, Switchgear and Others. Transformers dominated the market in 2020 and the segment is expected to maintain its market dominance during the forecast period, backed by the growth in the country’s industrial and commercial sectors. A transformer is the main component of the substation and it changes the transmission or sub transmission voltage to lower levels for use by end-users. The growth of transformers is driven by process control systems and their application in the installation of renewable energy systems and technological developments in the country.

Based on type, the market can be bifurcated into Transmission and Distribution. The distribution segment dominated the market in 2020 as the main objective of a substation is to step-down high voltage electricity from the transmission system to lower voltage electricity so it can be utilized by the end users through distribution lines. Based on end use, the market can be segmented into Metal, Utility, Mining, Oil & Gas, Transportation and Others. The transportation segment is expected to grow at the highest rate in the forecast period owing to the increasing public transportation sector in the country which in turn increases the electricity demand from metros and electric trains.

Based on category, the market can be bifurcated into new and refurbished. New segment dominated the market in 2020 and is expected to maintain its market dominance during the forecast period owing to the increasing power consumption in Qatar that has been growing at a high rate which in turn will increase the installations for new medium voltage substations. Additionally, the high rate of infrastructure construction, rapid urbanization, and expanding transportation sector across the country are expected to increase the demand for power, which is anticipated to create an opportunity for new medium voltage substation installations.

On the basis of region, Doha held the largest share in Qatar medium voltage substation market in 2020 and is expected to maintain the market dominance during the forecast period owing to the increasing power generation capacity plans, increasing industrial and infrastructural development activities, rising population, growing demand for replacing/refurbishing existing grid infrastructure and increasing electricity demand in this region. Some of the major players in the Qatar medium voltage substation market include Siemens AG, Schneider Electric SE, ABB Limited, Eaton Corporation Plc, Emerson Electric Company, Voltech Engineers Private Limited, General Electric Company, Hyundai Engineering & Construction Co. Ltd., Dodsal Engineering, and National Contracting Company Limited.

Years considered for this report:

• Historical Years: 2016-2019
• Base Year: 2020
• Estimated Year: 2021
• Forecast Period: 2022-2026

Objective of the Study:

• To analyze the historical growth in the market size of Qatar medium voltage substation market from 2016 to 2020.
• To estimate and forecast the market size of the Qatar medium voltage substation market from 2021 to 2026 and growth rate until 2026.
• To classify and forecast Qatar medium voltage substation market based on by component, by type, by end use, by category, by company and by region.
• To identify the dominant region or segment in the Qatar medium voltage substation market.
• To identify drivers and challenges for Qatar medium voltage substation market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Qatar medium voltage substation market.
• To conduct pricing analysis for Qatar medium voltage substation market.
• To identify and analyze the profile of leading players operating in the Qatar medium voltage substation market.
• To identify key sustainable strategies adopted by market players in the Qatar medium voltage substation market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Qatar medium voltage substation market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Medium voltage substation manufacturers, distributors and other stakeholders
• Maintenance and repair companies
• Organizations, forums and alliances related to medium voltage substation
• Government bodies such as regulating authorities and policy makers
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, the Qatar medium voltage substation market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Qatar Medium Voltage Substation Market, By Component:
• Circuit Breaker
• Protective Relay
• Transformer
• Switchgear
• Others
• Qatar Medium Voltage Substation Market, By Type:
• Transmission
• Distribution
• Qatar Medium Voltage Substation Market, By End Use:
• Metal
• Utility
• Mining
• Oil and Gas
• Transportation
• Others
• Qatar Medium Voltage Substation Market, By Category:
• New
• Refurbished
• Qatar Medium Voltage Substation Market, By Region:
• Doha
• Al Rayyan
• Al Wakra
• Umm Slal
• Al Khor and Al Thakhira
• Rest of Qatar

Competitive Landscape:

Company Profiles: Detailed analysis of the major companies present in the Qatar medium voltage substation market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. MEDIUM VOLTAGE SUBSTATION: PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. IMPACT OF COVID-19 ON QATAR MEDIUM VOLTAGE SUBSTATION MARKET

4. EXECUTIVE SUMMARY

5. VOICE OF CUSTOMER

5.1. Brand Awareness
5.2. Factors Considered While Selecting a Supplier
5.3. Unmet Needs

6. QATAR MEDIUM VOLTAGE SUBSTATION MARKET OVERVIEW

7. QATAR MEDIUM VOLTAGE SUBSTATION MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Component (Circuit Breaker, Protective Relay, Transformer, Switchgear,
Others)
  7.2.2. By Type (Transmission & Distribution)
  7.2.3. By End Use (Metal, Utility, Mining, Oil & Gas, Transportation, Others)
  7.2.4. By Category (New, Refurbished)
  7.2.5. By Region (Doha, Al Rayyan, Al Wakra, Al Khor and Al Thakhira, Umm Slal, Rest of Qatar)
  7.2.6. By Company (2020)
7.3. Market Map

8. QATAR MEDIUM VOLTAGE SUBSTATION MRO SERVICES MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value

9. QATAR MEDIUM VOLTAGE TRANSFORMER SUBSTATION MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Type
  9.2.2. By End Use
  9.2.3. By Category
  9.2.4. By Region

10. QATAR MEDIUM VOLTAGE CIRCUIT BREAKER SUBSTATION MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Type
  10.2.2. By End Use
  10.2.3. By Category
  10.2.4. By Region

11. QATAR MEDIUM VOLTAGE SWITCHGEAR SUBSTATION MARKET OUTLOOK

11.1. Market Size & Forecast
  11.1.1. By Value
11.2. Market Share & Forecast
  11.2.1. By Type
  11.2.2. By End Use
  11.2.3. By Category
  11.2.4. By Region

12. QATAR MEDIUM VOLTAGE PROTECTIVE RELAY SUBSTATION MARKET OUTLOOK

12.1. Market Size & Forecast
  12.1.1. By Value
12.2. Market Share & Forecast
  12.2.1. By Type
  12.2.2. By End Use
  12.2.3. By Category
  12.2.4. By Region

13. MARKET DYNAMICS

13.1. Drivers
13.2. Challenges

14. MARKET TRENDS & DEVELOPMENTS

15. QATAR ECONOMIC PROFILE

16. POLICY & REGULATORY LANDSCAPE

17. COMPETITIVE LANDSCAPE

17.1. Siemens AG
17.2. Schneider Electric SE
17.3. ABB Limited
17.4. Eaton Corporation Plc
17.5. Emerson Electric Company
17.6. Voltech Engineers Private Limited
17.7. General Electric Company
17.8. Hyundai Engineering & Construction Co. Ltd.
17.9. Dodsal Engineering
17.10. National Contracting Company Limited

18. STRATEGIC RECOMMENDATIONS

19. COST OF SETTING UP AN MV COMPANY IN QATAR

20. ABOUT US & DISCLAIMER

List Of Figures

LIST OF FIGURES

Figure 1: Qatar Medium Voltage Substation Market Size, By Value (USD Million), 2016-2026F
Figure 2: Qatar Total MV Substation Commissioned, 2016-2019
Figure 3: Qatar Medium Voltage Substation Market Share, By Component, By Value, 2016-2026F
Figure 4: Qatar Medium Voltage Substation Market Share, By Type, By Value, 2016-2026F
Figure 5: Qatar Medium Voltage Substation Market Share, By End Use, By Value, 2016-2026F
Figure 6: Qatar Medium Voltage Substation Market Share, By Category, By Value, 2016-2026F
Figure 7: Qatar Medium Voltage Substation Market Share, By Region, By Value, 2016-2026F
Figure 8: Qatar Medium Voltage Substation Market Share, By Company, By Value, 2020
Figure 9: Qatar Medium Voltage Substation Market Map, By Component, Market Size (USD Million) & Growth Rate (%)
Figure 10: Qatar Medium Voltage Substation Market Map, By Type, Market Size (USD Million) & Growth Rate (%)
Figure 11: Qatar Medium Voltage Substation Market Map, By End Use, Market Size (USD Million) & Growth Rate (%)
Figure 12: Qatar Medium Voltage Substation Market Map, By Category, Market Size (USD Million) & Growth Rate (%)
Figure 13: Qatar Medium Voltage Substation Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
Figure 14: Qatar Medium Voltage Substation MRO Services Market Size, By Value (USD Million), 2016-2026F
Figure 15: Qatar Industrial Electricity Consumption (MWH), 2016-2019
Figure 16: Qatar Medium Voltage Transformer Substation Market Size, By Value (USD Million), 2016-2026F
Figure 17: Qatar Electricity Generation (Terawatt-hours), 2016-2019
Figure 18: Qatar Medium Voltage Transformer Substation Market Share, By Type, By Value, 2016-2026F
Figure 19: Qatar Medium Voltage Transformer Substation Market Share, By End Use, By Value, 2016-2026F
Figure 20: Qatar Medium Voltage Transformer Substation Market Share, By Category, By Value, 2016-2026F
Figure 21: Qatar Medium Voltage Transformer Substation Market Share, By Region, By Value, 2016-2026F
Figure 22: Qatar Medium Voltage Circuit Breaker Substation Market Size, By Value (USD Million), 2016-2026F
Figure 23: Qatar Carbon Dioxide Emissions (Million tons of carbon dioxide), 2016-2019
Figure 24: Qatar Medium Voltage Circuit Breaker Substation Market Share, By Type, By Value, 2016-2026F
Figure 25: Qatar Medium Voltage Circuit Breaker Substation Market Share, By End Use, By Value, 2016-2026F
Figure 26: Qatar Medium Voltage Circuit Breaker Substation Market Share, By Category, By Value, 2016-2026F
Figure 27: Qatar Medium Voltage Circuit Breaker Substation Market Share, By Region, By Value, 2016-2026F
Figure 28: Qatar Medium Voltage Switchgear Substation Market Size, By Value (USD Million), 2016-2026F
Figure 29: Qatar Energy Consumption (Exajoules), 2016-2019
Figure 30: Qatar Medium Voltage Switchgear Substation Market Share, By Type, By Value, 2016-2026F
Figure 31: Qatar Medium Voltage Switchgear Substation Market Share, By End Use, By Value, 2016-2026F
Figure 32: Qatar Medium Voltage Switchgear Substation Market Share, By Category, By Value, 2016-2026F
Figure 33: Qatar Medium Voltage Switchgear Substation Market Share, By Region, By Value, 2016-2026F
Figure 34: Qatar Medium Voltage Protective Relay Substation Market Size, By Value (USD Million), 2016-2026F
Figure 35: Qatar Energy Consumption (Gigajoules per capita), 2016-2019
Figure 36: Qatar Medium Voltage Protective Relay Substation Market Share, By Type, By Value, 2016-2026F
Figure 37: Qatar Medium Voltage Protective Relay Substation Market Share, By End Use, By Value, 2016-2026F
Figure 38: Qatar Medium Voltage Protective Relay Substation Market Share, By Category, By Value, 2016-2026F
Figure 39: Qatar Medium Voltage Protective Relay Substation Market Share, By Region, By Value, 2016-2026F