Market Forecast By Installation Type (Overhead, Underground, Submarine), By Voltage (Low, Medium, High), By End Use (Residential, Commercial, Industrial, Utilities), And Competitive Landscape
| Product Code: ETC239379 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
According to 6Wresearch, Saudi Arabia Power Cable Market size is anticipated to grow at a CAGR of 5.2% during 2025-2031.
| Report Name | Spain Agricultural Tractors Market |
| Forecast Period | 2025-2031 |
| CAGR | 5.2% |
| Growing Sector | Utilities |
Saudi Arabia Power Cable Market report thoroughly covers the market by installation type, by voltage, and by end-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market 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.
Saudi Arabia Power Cable Market is estimated to register a sound growth in the country owing to the rising replacement of existing power cables. Rising energy usage, as the country has seen a massive rise in electricity usage with the growing population rate, urbanization, and a rapid expansion of sectors including industrial and commercial. Moreover, the government investing continuously in the development of new substations, and power plants, and improving transmission facilities, this requires power cables.
The market is driven by the rising expansion of the commercial and industrial sectors such as manufacturing, petrochemical, and construction, these sectors require an uninterrupted and efficient power supply, driving the power cables demand. Additionally, the government is increasing the production of renewable energy, which will boost the power cables demand for efficient interconnection and energy transmission. The rising technological advancements in power cables provide an efficient transmission and reduce additional losses. Companies are investing in power infrastructure upgradation leading to creating a favourable impact on the Saudi Arabia Power Cable industry to grow significantly.
The Saudi Arabia power cables market presents attractive investment opportunities for both local and international investors. Rapid economic growth and aggressive plans for infrastructure projects have created a surge in electricity demand, and consequently, power cables. The manufacturing of power cables represents one of the key investment opportunities in the Saudi Arabia power cables market.
The government, via its objective to diversify the economy away from oil, is creating the demand for locally-manufactured power cables and some companies have set up shop in Saudi Arabia and developing manufacturing plants, creating strategic opportunities for foreign companies to either partner or invest in Saudi Arabia power cables manufacturing ventures.
There are also investment opportunities in the distribution and installation of power cables. The Saudi government have crystallized the goal of achieving rural electronification which is generating increased demand for power cabling in un-electrified rural and underdeveloped areas, and creating opportunities for manufacturers to expand distribution channels into these emerging markets.
Some major key players in the market are mentioned below in the list:
In Saudi Arabia, one of the main regulations governing power cables is contained in the Electricity Wiring Regulation (EWR), issued by the Ministry of Energy, Industry, and Mineral Resources. The EWR stipulates technical requirements of electrical installations, including power cables. All manufacturers must comply with these requirements before their products can be sold in the country. Besides the EWR, there are also several other standards that ensure quality and safety in power cables in Saudi Arabia. Some relevant standards are the International Electrotechnical Commission (IEC) standards which are recognized as a global benchmark for their technical expertise and reliability.
The Saudi Arabia power cable industry is facing major hurdles including installation of underground cabling, which has exorbitant costs, and new electrical cable technologies that are hard to integrate with the existing infrastructure. The raw material volatility of copper and aluminium affects production pricing, which directly reduces profit margins for manufacturers. Already serious impediments to timely project execution due to delayed procurement caused by complex regulations have dammed the competition for low-quality, cost-effective alternatives. Adverse as they are, cost-saving consumers tend to limit their number which results in limiting market penetration. All these challenges account to the hurdles faced by Saudi Arabia Power Cable Market growth.
The future of the Saudi Arabia Power Cable Market is positive on the back of the rising power cables demand from the growing industrial and commercial sectors. Additionally, manufacturers are investing in the technological advancement of power cables to improve transmission and reduce losses, leading to a rising adoption rate by companies to upgrade their power infrastructure, driving market growth. Moreover, the rising expansion of substations and improvement in the transmission facility tend to increase the adoption of technically advanced power cables is estimated to bolster the market growth.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Dhaval, Research Manager, 6Wresearch, Overhead installation dominates the market due to being cost-effective and requiring low maintenance.
High voltage to dominate the market, due to their ability to efficiently transmit electricity over long distances with minimal energy loss.
Utilities dominate the market due to distributing electricity to long distance areas and vast networks.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Saudi Arabia Power Cable Market Overview |
| 3.1 Saudi Arabia Power Cable Market Revenues & Volume, 2021 - 2031F |
| 3.2 Saudi Arabia Power Cable Market - Industry Life Cycle |
| 3.3 Saudi Arabia Power Cable Market - Porter's Five Forces |
| 3.4 Saudi Arabia Power Cable Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
| 3.5 Saudi Arabia Power Cable Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
| 3.6 Saudi Arabia Power Cable Market Revenues & Volume Share, By End Use, 2021 & 2031F |
| 4 Saudi Arabia Power Cable Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Infrastructure development projects in Saudi Arabia requiring extensive power cable installations. |
| 4.2.2 Growing investments in renewable energy projects necessitating the use of power cables. |
| 4.2.3 Increasing urbanization and industrialization driving the demand for power cables. |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating raw material prices impacting the cost of production for power cable manufacturers. |
| 4.3.2 Regulatory challenges and compliance requirements affecting the market. |
| 4.3.3 Competition from alternative energy transmission technologies like wireless power transmission. |
| 5 Saudi Arabia Power Cable Market Trends |
| 6 Saudi Arabia Power Cable Market, By Types |
| 6.1 Saudi Arabia Power Cable Market, By Installation Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Saudi Arabia Power Cable Market Revenues & Volume, By Installation Type, 2021 - 2031F |
| 6.1.3 Saudi Arabia Power Cable Market Revenues & Volume, By Overhead, 2021 - 2031F |
| 6.1.4 Saudi Arabia Power Cable Market Revenues & Volume, By Underground, 2021 - 2031F |
| 6.1.5 Saudi Arabia Power Cable Market Revenues & Volume, By Submarine, 2021 - 2031F |
| 6.2 Saudi Arabia Power Cable Market, By Voltage |
| 6.2.1 Overview and Analysis |
| 6.2.2 Saudi Arabia Power Cable Market Revenues & Volume, By Low, 2021 - 2031F |
| 6.2.3 Saudi Arabia Power Cable Market Revenues & Volume, By Medium, 2021 - 2031F |
| 6.2.4 Saudi Arabia Power Cable Market Revenues & Volume, By High, 2021 - 2031F |
| 6.3 Saudi Arabia Power Cable Market, By End Use |
| 6.3.1 Overview and Analysis |
| 6.3.2 Saudi Arabia Power Cable Market Revenues & Volume, By Residential, 2021 - 2031F |
| 6.3.3 Saudi Arabia Power Cable Market Revenues & Volume, By Commercial, 2021 - 2031F |
| 6.3.4 Saudi Arabia Power Cable Market Revenues & Volume, By Industrial, 2021 - 2031F |
| 6.3.5 Saudi Arabia Power Cable Market Revenues & Volume, By Utilities, 2021 - 2031F |
| 7 Saudi Arabia Power Cable Market Import-Export Trade Statistics |
| 7.1 Saudi Arabia Power Cable Market Export to Major Countries |
| 7.2 Saudi Arabia Power Cable Market Imports from Major Countries |
| 8 Saudi Arabia Power Cable Market Key Performance Indicators |
| 8.1 Average selling price of power cables in the Saudi Arabian market. |
| 8.2 Percentage of power cable sales attributed to renewable energy projects. |
| 8.3 Number of new infrastructure projects announced or initiated that require power cable installations. |
| 8.4 Percentage change in demand for power cables in urban areas. |
| 9 Saudi Arabia Power Cable Market - Opportunity Assessment |
| 9.1 Saudi Arabia Power Cable Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
| 9.2 Saudi Arabia Power Cable Market Opportunity Assessment, By Voltage, 2021 & 2031F |
| 9.3 Saudi Arabia Power Cable Market Opportunity Assessment, By End Use, 2021 & 2031F |
| 10 Saudi Arabia Power Cable Market - Competitive Landscape |
| 10.1 Saudi Arabia Power Cable Market Revenue Share, By Companies, 2024 |
| 10.2 Saudi Arabia Power Cable Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |