The UAE PAGA Systems Market is Projected to Grow at a CAGR of 7.3% During 2019-25
"UAE Public Address and General Alarm Systems Market (2019-2025): Market Forecast By Types (Traditional Pressure Broadcasting PAGA Systems and Network Broadcasting PAGA Systems), By Applications (Oil & Gas, Chemical & Pharmaceuticals, Metal, Minerals & Mining, Energy & Utilities and Other Manufacturing Applications), By Regions (Abu Dhabi, Dubai and Other Emirates) and Competitive Landscape"
The government of the United Arab Emirates is implementing several initiatives such as Vision 2021, across multiple industrial domains with the aim of strengthening the overall economy of the country. As a result, private and public investments in the oil and energy sector are also predicted to rise in the near future. Growing industrial vertical, especially the oil sector, would, therefore, lead to the rise in demand for public address and general alarm systems in the country during the forecast period.
UAE Public Address and General Alarm (PAGA) systems market has witnessed a sluggish growth over the past few years due to slump in oil prices leading to lower demand from the oil & gas sector in the country. Steadying oil prices, expanding social infrastructure, development of ambitious transportation projects along with recovering construction industry would act as the key growth drivers for UAE PAGA systems market during 2019-25. Further, upcoming Dubai World Expo 2020, expanding power sector and government-backed infrastructure development plans would strengthen the country's fiscal position and allow additional funds to be allocated for the development of multiple sectors, thereby propelling UAE PAGA Systems Market Forecast revenues.
According to this research, the UAE PAGA systems market is projected to grow at a CAGR of 7.3% during 2019-25. Significant investments are being made for Dubai Expo 2020, implementation of the UAE Vision 2021 initiative by the government and approval of large-scale projects such as the $132 billion investment for Abu Dhabi National Oil Company, would drive the demand for PAGA systems market in UAE in the future. The oil & gas sector was the highest revenue generating sector in the overall UAE PAGA systems market share in 2018 and would also register the highest growth during the forecast period.
In the UAE, Abu Dhabi captures the highest market revenue share in the overall market, by regions followed by Dubai. Upcoming projects such as Barakah nuclear power plant, Ruwais industrial complex, desalination plants, chemical pipelines, and Al Taweelah Alumina Refinery along with Abu Dhabi Economic Vision 2030 would propel the demand for industrial PAGA systems in Abu Dhabi during the forecast period.
The report thoroughly covers the market by types, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Market Size and Forecast until 2025.
- Historical Data of UAE PAGA Systems Market Revenue, by Types, for the Period 2015-2018
- Market Size & Forecast of UAE Industrial Public Address and General Alarm Systems Market
- Revenues, by Types, until 2025
- Historical Data of UAE PAGA Systems Market Revenue, by Applications, for the Period 2015- 2018
- Market Size & Forecast of UAE Industrial Public Address and General Alarm Systems Market
- Revenues, by Applications, until 2025
- Historical Data of UAE Industrial Public Address and General Alarm Systems Market Revenues, by Regions, for the Period 2015-2018
- Market Size & Forecast of UAE Industrial Public Address and General Alarm Systems Market
- Revenues, by Regions, until 2025
- Market Drivers and Restraints
- Trends and Industry Life Cycle
- Porter's Five Force Analysis
- Market Opportunity Assessment
- Players Market Share
- Competitive Landscape
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Types
- Traditional Pressure Broadcasting PAGA Systems
- Network Broadcasting PAGA Systems
By Applications
- Oil & Gas
- Chemical & Pharmaceuticals
- Metal, Minerals & Mining
- Energy & Utilities
- Other Manufacturing Applications
By Regions
- Abu Dhabi
- Dubai
- Other Emirates
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- BARTEC Top Holding GmbH
- Federal Signal Corporation
- Hubbell Incorporated
- Industrie-Electronic GmbH & Co. KG
- INTECH Process Automation Inc.
- ProCom Professional Communication & Service GmbH
- Robert Bosch GmbH
- Schneider Electric S.E
- Tyco Fire & Security UAE LLC
- Zenitel Norway AS