Middle East & Africa Circuit Protection Market Size & Outlook
Middle East & Africa circuit protection market, 2016-2030 (US$M)
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MEA circuit protection market highlights
- The MEA circuit protection market generated a revenue of USD 2,738.1 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, circuit breaker was the largest revenue generating product in 2022.
- HD Pro is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2022 | USD 2,738.1 million |
| Market revenue in 2030 | USD 4,204.4 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Circuit breaker |
| Fastest growing segment | HD Pro |
| Historical data covered | 2016 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Circuit Breaker, Fuse, GFCI, HD Pro, Inrush Current Limiter, Mobile Power Protection, Overvoltage Protection, PTC Devices |
| Key market players worldwide | ABB Ltd, Bel Fuse Inc Class A, Schneider Electric SE, Mitsubishi Electric Corp, Eaton Corp PLC, Portland General Electric Co, Siemens AG, Rockwell Automation Inc, Larsen & Toubro Ltd DR, NXP Semiconductors NV, Sensata Technologies Holding PLC, Texas Instruments Inc, SCHURTER |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global circuit protection market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 27,714.3 million by 2030.
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Circuit Protection Market Scope
Circuit Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa circuit protection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to circuit protection market will help companies and investors design strategic landscapes.
Circuit breaker was the largest segment with a revenue share of 21.27% in 2022. Horizon Databook has segmented the Middle East & Africa circuit protection market based on circuit breaker, fuse, gfci, hd pro, inrush current limiter, mobile power protection, overvoltage protection, ptc devices covering the revenue growth of each sub-segment from 2016 to 2030.
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Our clientele includes a mix of circuit protection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa circuit protection market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa circuit protection market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa circuit protection market
Middle East & Africa Circuit Protection Market Share, 2022 & 2030 (US$M)
Middle East & Africa circuit protection market
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