6wresearch logo

KSA package substation market to grow

January 12, 2017

Growing energy demand, rising power transmission & distribution network, increasing infrastructure development activities and shift towards power generation from renewable source of energy are anticipated to drive the demand for package substation market in Saudi Arabia.

According to 6Wresearch, Saudi Arabia Package Substation Market is projected to reach $842.9 Million by 2022. Package Substation market in Saudi Arabia grew over the past five years on the back of increasing power requirement due to growing population, infrastructure development and rapid industrialization. Though, during the forecast period, the growth of the market is expected to decline owing to lower infrastructure spending due to lower oil prices.

According to Ravi Bhandari, Research Analyst, 6Wresearch, In Saudi Arabia, industrial sector has captured major revenue share in the overall market, however power sector revenues is expected to rise with expansion of transmission and distribution network and the setup of new power plants in the country.

"Even though, the economy of the Kingdom has suffered majorly due to collapse of global crude oil prices; the country is expected to bounce back post 2018 with the recovery of these prices. Public infrastructure projects, transportation, industrial cities and power projects are expected to fuel the demand for package substation in Saudi Arabia," Ravi further added.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, "Package Substations with voltage rating less than 36KV are the main drivers of the market in Saudi Arabia, with sub segment of voltage rating 13.8KV showcasing the major demand. Infrastructure development, power projects and industrial expansion lined up in the forecast period are expected to fuel the market in Saudi Arabia," Anuj concluded.

Some of the major Comapanies in Saudi Arabia Package Substations market Include Al-Fanar, ABB, Schneider Electric, Siemens and Lucy Electric, among others.

Media Source: Utilities-me

      Browse More Report

India A3/A4 Printer Market, CY H1 2016

According to 6Wresearch, India A3/A4 printer market reached over 1.4 million units in CY H1 2016. In terms of unit shipments, Hewlett Packard led the market followed by Canon and Epson.

Read More

India Pico Projector Market, CY H1 2016

According to 6wresearch, India Pico projector market (brightness up to 500 Lumens) recorded a considerable decline of more than 50% in CY H1 2016 as compared to the same period previous year.

Read More

India Projector Market, CY H1 2016

According to 6wresearch, India Projector (above 500 Lumens) market registered 0.13 million units in CY H1 2016, registering a considerable growth of around 38% compared to the same period

Read More

Saudi Arabia Package Substation Market (2016-2022)

Market Forecast by Types (Less than 36KV and 36KV to 150KV), Verticals (Industrial, Public Infrastructure, Residential, Power Utilities and Others), Regions (Central, Western, Eastern and Southern) and Competitive Landscape

Read More

India Cheque Scanner Market (2017-2022)

Market Forecast By Types (Single Feed and Multi Feed), Applications (Desktop and Kiosks), Regions (North, South, East and Western), Specifications and Competitive Landscape

Read More

GCC Solar Equipment Market (2016-2022)

Market Forecast by Types (Solar Photovoltaics (PV Modules, Mounting Structures, Inverters and Others) and Concentrated Solar Power Power (Solar Collectors and Towers, Thermal Energy Storage, Receiver and Others)), Countries (Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain) and Competitive Landscape

Read More

India Solar Water Pumping System Market (2017-2022)

Market Forecast by Power Rating (Up to 3HP, 3.1 to 10HP and Above 10HP), Design Type (Surface and Submersible), Drive Type (AC Motor and DC Motor), Applications (Lift Irrigation and Others), Regions (North, South, East and West) and Competitive Landscape

Read More

India Router and Switch Market (2016-2022)

Market Forecast by Router Types (Wired and Wireless), Switch Types (Managed and Unmanaged), Verticals (Residential, MSME, Large Enterprise, Hospitality & Healthcare, Government, Transportation, Education, BFSI and Telecommunication), Regions (Northern, Western, Southern and Eastern), Specifications and Competitive Landscape

Read More


Our Key Clients
6wreserach client list