INVESTMENT OPPORTUNITY:

Light Equipment, Business Services, & Other

Assembly of switchgears

Executive summary

2LIGHT EQUIPMENT, BUSINESS SERVICES AND OTHERS INVESTMENT OPPORTUNITY: MANUFACTURING OF MECHANICAL SEALS

◼ There is an opportunity to establish or expand a local facility for the assembly of high-voltage (over

11 kV) switchgears.

◼ This could be a prospect for an existing local player in low-voltage switchboards or a new local

supplier.

◼ Switchgears are used for redirecting electricity and the total demand for assembly for all

industries is estimated to be QAR 60-65M/yr.

◼ Demand is expected to increase in the next five years in line with new construction projects.

◼ Currently, all switchgear assembly is done outside Qatar.

◼ Local experience and technology in low-voltage switchboard assembly is available and can be

transferred, to an extent, into the high-voltage sector.

◼ Land allocation (and potentially an empty facility) in a free zone and support for low-cost

logistics, labor, and utilities could be provided.

Electrical switchgear panel

Detailed opportunity description

• Text

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Assembly of switchgears

◼ Switchboards or switchgears direct electricity from one

or more sources of supply to several smaller regions of

usage.

◼ Switchboards and switchgears consist of switches,

fuses, or circuit breakers used to control, protect, and

isolate electrical equipment.

◼ Both are defined based on the voltage of operation

Switchboards operate with voltages of 11 kV and

below.

Switchgears operate with voltages above 11 kV.

Localization opportunity

Business scope

◼ Sourcing of parts for high-voltage switchgears (e.g., switches, fuses)

◼ Assembly of switchgears with the following specifications

High-voltage (over 11 kV)

Tailored specifications for the energy and industrial sector

◼ Certification of assembled products to adhere to industry standards

◼ Quality control of assembled products

◼ Periodic servicing and on-site support when required

Out of scope

◼ Manufacturing of standard switchgear parts or any nonstandard on-demand parts

Capital intensity

Low (QAR 0-10M) Medium (QAR 10-50M) High (QAR 50M+)

LIGHT EQUIPMENT, BUSINESS SERVICES AND OTHERS INVESTMENT OPPORTUNITY: ASSEMBLY OF SWITCHGEARS

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6065

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5040

55 60 60 60 65

Relevant stakeholders

Top end user Other demand

Market size

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Estimated spend (Qatar only) on assembly of switchgears, QAR M

Key highlights

◼ The market of switchgear assembly is related to total spend on infrastructure, which all requires

switchboard/switchgear installation, and is forecasted to be around QAR 60-65M/yr over the next

five years.

◼ Demand is driven by the oil and gas and civil construction industry and is expected to grow in the

upcoming years due to major football stadium construction projects.

◼ Currently, all high-voltage switchgears are assembled outside Qatar. Local assembly players exist,

but they only cover low-voltage switchboards.

Top end user

LIGHT EQUIPMENT, BUSINESS SERVICES AND OTHERS INVESTMENT OPPORTUNITY: ASSEMBLY OF SWITCHGEARS

ForecastHistoric

Disclaimer

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The material, data, charts and pieces of information contained in this document (“Information’) is for

general information purposes only and should not be construed as an investment or commercial advice

or as a recommendation whatsoever. The user of the Information (“User”) is responsible for

independently verifying the Information and shall make his own determination as to how suitable the

Information is for his own usage and intent. User should not rely upon the Information as a basis for

making any business or investment decisions. Whilst Qatar Petroleum endeavours to provide and keep

the Information up to date and correct, Qatar Petroleum makes no representations or warranty of any

kind, express or implied about the content, completeness, accuracy, quality, reliability or suitability with

respect to the Information for any purpose. Qatar Petroleum expressly disclaims liability for errors and/or

omissions in the Information contained in this document and shall in no event be liable for damages

resulting from the use or reliance of User upon the Information. Any reliance the User of the Information

places on such Information is strictly at User’s own risk.

LIGHT EQUIPMENT, BUSINESS SERVICES AND OTHERS INVESTMENT OPPORTUNITY: MANUFACTURING OF MECHANICAL SEALS

Email: tawteen@qp.com.qa | Website: https://tawteen.com.qa