(switches, lighting fixtures, sockets, transformers, fuses, switches)
Opportunity Brief
The electrical equipment industry ( lighting fixtures, outlets, transformers, fuses, and switches) is one of the industries that is considered components of electrical control and distribution panels, whether these panels are used for construction, commercial, industrial, or domestic activities.
Investment Opportunity Drivers Global Perspectives
- enewable energy projects such as solar and wind energy projects require electrical control and distribution panels, and thus their electrical components ( lighting bases, outlets, transformers, fuses, and switches), which opens new horizons for the industry as the state is interested in expanding reliance on clean energy and aims to increase the contribution of renewable energy to 42 in 2030 and to reach 60 in 2040.
- The country is expanding its infrastructure projects, which in turn requires increasing power generation, transmission and distribution capacities This increases the demand for electrical control and distribution panels and their electrical components
( lighting bases, outlets, transformers, fuses and switches). - The necessary capabilities and capacities for local manufacturing are available, as are the local expertise and technology for local manufacturing, for example, Schneider Egypt, AMB, Falcon for Electronic and Electrical Industries, Sega M, Unistar.
- Global demand is expected to grow at an average annual rate of about 8 from 2019 to 2023.
- The market for electrical control and distribution panels and their components ( lighting bases, outlets, transformers, fuses, and switches) in Egypt is expected to grow reaching from $1.5 to 2 billion by 2030.
- The annual market size of electrical control and distribution panels components of electrical appliances ( lighting bases, outlets, transformers, fuses, switches) in Egypt is estimated at approximately $1.2 billion, with expectations of a CAGR of 10% to 15% over the coming years.
- A large part of the local demand is covered by local production, while some components are imported at a rate ranging between $260 and $325 million annually, and these imported components are the target for investment.
- Availability of expertise through the most important companies operating in electrical control and distribution panels and their components, which are (Egyptian German Electrical Products Company (EG MAC) Arab Contractors for Electrical Industries Company ABB Arab International Company for Electrical and Electronic Industries (Electro George) Schneider Electric Egypt ASITO Industrial General Company for Technical Projects ( Engineering Company for Electrical and Metal Industries ( United Engineering and Trading Company ( ABB for Power and Automation Systems Arab Egyptian Company for Electrical Industries Egyptian Company for Electrical and Mechanical Industries ( Ultimatro Engineering Industries Company Obeid Electrical Panels Establishment Omega Company for Mechanical and Electrical Consulting and Contracting Gamal Company for Electrical Engineering and General Contracting Egyptian Company for Electrical Insulators ( Starco Company for Electrical Appliances).
Local market
- A large percentage of chillers are imported, especially for projects, buildings, hospitals, halls, universities, factories, etc.
- There are a number of local chiller manufacturers such as Drake and Delta, but they do not produce chillers with high capacities.
Nominated industrial areas:
- Industrial zone in 10 th of Ramadan city.
- Industrial Zone in New 6 th of October City,
- Fayoum Industrial Zone.
Imports of the Arab Republic of Egypt
(in millions of dollars)
Customs items for opportunity
