Research and Markets: South African Low Voltage Switchgear Market Expected to Grow at Higher-Than-Average Rates from 2008 to 2010 as Nation Prepares to Host the 2010 FIFA Soccer World Cup
* Reuters is not responsible for the content in this press release.
DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/9d81c4/south_african_low) has announced the addition of Frost & Sullivan's new report "South African Low Voltage Switchgear Market" to their offering. The research project focuses on the South African low voltage switchgear market. The switchgear products discussed include miniature circuit breakers (MCBs), molded case circuit breakers (MCCBs), air circuit breakers (ACBs), pushbutton switches (PBs), contactors and relays (C & Rs), intelligent overloads (IOs), electronic overloads (EOs), thermal overloads (TOs) and finally soft starters (SSs). The study analyses usage of switchgear within the industrial, utilities, commercial and residential end user segments. The study also explores key pricing, marketing and technology trends of the low voltage switchgear market. Also discussed are the industry challenges, drivers, restraints, revenues and key investment and growth opportunities This Frost & Sullivan research titled South African Low Voltage Switchgear Market provides a comprehensive analysis of the commercial, utilities, industrial, and commercial sectors of the low voltage switchgear market in South Africa. It also identifies significant opportunities for market participants and discusses major market challenges, drivers, and restraints. In this research, Frost & Sullivan's expert analysts thoroughly examine the following low voltage switchgear products: air circuit breakers (ACBs), moulded case circuit breakers (MCCBs), miniature circuit breakers (MCBs), contactors and relays (C&Rs), pushbutton switches (PBs), electronic overload relays (EOs), intelligent overload relays (IOs) and finally, thermal overload relays (TOs). Market Overview Economic Growth and Increased Automation Expand Applications of Low Voltage Switchgears in South Africa As South Africa has emerged from a gloomy economic environment to notch up significant economic growth rates from 1998 to 2007, the installed base of low voltage switchgear products across the industrial, utilities, residential and commercial sectors has expanded. The market is likely to see the greatest demand from the retrofit section but other sections are expected to contribute handsomely too, due to the proliferation of applications. The wide range of products testifies the diversity of the market and its sizeable customer base. Going forward, the market is expected to grow at higher-than-average rates from 2008 to 2010, in line with increased construction of stadia, hospitals, hotels, shopping complexes and upgrades of existing infrastructure, as the nation prepares to host the 2010 FIFA soccer world cup. Meanwhile, there have been several technological improvements in low voltage switchgear components, with the focus being on increased efficiency, intelligence and longer durability. Despite these encouraging market drivers, manufacturers have had to risk alienating customers by increasing their selling prices to compensate for spiralling production costs and shrinking profits. This is because the prices of metals, especially, aluminium, steel and copper, have shot up globally since 2003 and have shown no signs of abatement. "Large enterprises have tried to offset this price hike by employing better manufacturing processes," says the analyst of this research. "The manufacturers have aimed to increase volumetric output to stay buoyant in this aggressively competitive market." They will also have to come up with strategies to deal with the low availability of raw materials, as most mining companies are focusing on the more lucrative precious minerals sector. On the flipside, the boom in commodity prices has increased investment within the South African mining and metals industry, creating fresh application for low voltage switchgear products. "The reopening of closed mines and the commissioning of new projects will also support the switchgear market," notes the analyst. "Furthermore, automation levels within the manufacturing and mining industry continue to advance as entities strive to achieve improved production performance." This trend has created a case for low voltage switchgear products, which protect and control the automation equipment. Switchgears' general protection and control functions will be in greater focus once end users invest in alternative energy sources, providing greater thrust to the market. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: * Air circuit breakers (ACBs) * Moulded case circuit breakers (MCCBs) * Miniature circuit breakers (MCBs) * Contactors and relays (C&Rs) * Pushbutton switches (PBs) * Electronic overload relays (EOs) * Intelligent overload relays (IOs) * Thermal overload relays (TOs) Key Topics Covered: * 1 MARKET OVERVIEW * Overview * 1. Introduction For more information visit http://www.researchandmarkets.com/research/9d81c4/south_african_low Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters