Middle East & Africa Electronic Load Market Size & Outlook
The electronic load market in Middle East & Africa is expected to reach a projected revenue of US$ 193.0 million by 2030. A compound annual growth rate of 1.7% is expected of Middle East & Africa electronic load market from 2024 to 2030.
Revenue, 2023 (US$M)
$171.1
Forecast, 2030 (US$M)
$193.0
CAGR, 2024 - 2030
1.7%
Report Coverage
Middle East & Africa
Middle East & Africa electronic load market, 2018-2030 (US$M)
MEA electronic load market highlights
- The MEA electronic load market generated a revenue of USD 171.1 million in 2023.
- The market is expected to grow at a CAGR of 1.7% from 2024 to 2030.
- In terms of segment, alternating current (ac) was the largest revenue generating current in 2023.
- Alternating Current (AC) is the most lucrative current segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 171.1 million |
| Market revenue in 2030 | USD 193.0 million |
| Growth rate | 1.7% (CAGR from 2023 to 2030) |
| Largest segment | Alternating current (ac) |
| Fastest growing segment | Alternating Current (AC) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Alternating Current (AC) |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.6% of the global electronic load market in 2023.
- Globally, Latin America is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 333.4 million by 2030.
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Electronic Load Market Scope
Electronic load market segmentation & scope
Application
Wireless Communication & Infrastructure
Energy
Automotive
Aerospace, Defense, & Government Services
Others
Electronic Load Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa electronic load market
Related industry reports
Related regional statistics
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