The Middle East & Africa low voltage drives market is expected to witness significant growth by 2027 due to increasing product utilization across both high- and low-power applications in the region. Additionally, shifting consumer preference for low voltage drives owing to their smaller size, relatively low cost, and better availability is projected to further fuel market growth over the forecast timeline.

Recently, industry players have been integrating solutions to optimize their power consumption, which has bolstered interest in low voltage drives, thereby propelling market penetration. For instance, in July 2021, Schneider Electric, a leading energy solutions provider, introduced a range of sustainability and decarbonization consulting services for companies operating out of the Gulf and Saudi Arabia.

Targeted to help firms meet their environmental goals, the services encompass the carbon offset programs, identification of energy efficiency savings, electric mobility advising, offsite renewable energy sourcing, and supply chain optimization. Schneider Electric would also provide sustainability services to help companies reduce their environmental footprint, curb resource costs, and realize net-zero emissions throughout their operations.

The Middle East & Africa low voltage drives market has been categorized based on technology, power range, drive, capacity, application, system, end use, and country. On the basis of power range, the market has been divided into low drives and micro drives.

The micro drives sub-segment is estimated to grow at a sizable pace to reach a respectable valuation by the end of 2027. Shifting focus on energy efficient systems is set to augment the adoption of both low and micro drives systems in the region over the following years.

In terms of drive, the Middle East & Africa low voltage drives market has been segmented into DC, AC, and servo. The DC sub-segment is anticipated to observe substantial growth by 2027, progressing at a considerable CAGR through the assessment period. Surging electricity consumption across emerging economies in the region is likely to drive segmental growth in the future.

From the application perspective, the market has been bifurcated into fan, pump, compressor, conveyor, and extruder. The Middle East & Africa low voltage drives market from the fan sub-segment is projected to garner a sizable revenue by the end of the forecast period. Rising deployment of net metering devices, along with escalating adoption of advanced electrical equipment, would foster the instrument & technical services market across the Middle East & Africa, which is speculated to bolster segmental expansion through the forthcoming years.

With respect to country, the market spans leading geographies of UAE, Saudi Arabia, Jordan, Qatar, South Africa, Iran, Egypt, Nigeria, and Algeria. Saudi Arabia holds a notable share in the Middle East & Africa low voltage drives market and is slated to amass profitable gains over 2021-2027. Soaring adoption of alternative energy sources, coupled with mounting availability of massive electricity infrastructure, is likely to promote market penetration in the region.

Meanwhile, UAE is calculated to expand at a steady pace to register significant revenue growth by the end of 2027. Introduction of advanced technologies to optimize energy usage and favorable government regulations in the region is expected to foster business outlook over the coming years.