Product Code: ETC006359 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The electric conductors market in Saudi Arabia is anticipated to witness growth during the forecast period 2025-2031. The rising demand for electricity in the region is likely to drive the growth of this market over the forecast period. Furthermore, growing investments in power transmission and distribution networks will also fuel market growth. Additionally, government initiatives such as Vision 2031 are further contributing to increasing investments from public and private sector organizations into technological advancements related to energy infrastructure development across Saudi Arabia.
Some of the primary drivers responsible for driving the electric conductors market in Saudi Arabia include rising population; booming oil & gas industry; increasing consumer awareness about renewable sources of energy; and rapid urbanization along with industrialization which has resulted in increased demand for electricity across residential, commercial, industrial customers etc. Moreover, governments?? support such as ??Vision 2031?? that focuses on reducing dependence on oil by diversifying investment income away from hydrocarbons towards other sectors such as renewable energies is expected to contribute significantly towards development of an improved power grid system throughout the country thereby creating a positive outlook for electric conductor solutions providers operating within region over next few years.
However some challenges associated with meeting high quality standards while manufacturing these products may restrain its usage among end user industries for applications ranging from telecommunication systems, aeronautical structures etc., leading to reduced demand & supply gap between manufacturers & users respectively hence limiting overall expansion potentials of this industry over next few years.
Since outbreak COVID-19 pandemic entire global economy has faced severe disruption however same time it has also provided many opportunities expanding horizons beyond just being limited metal production centers wherein companies have started investing heavily R&D activities aiming optimize existing processes ensuring higher product yields at lesser costs moreover they have also begun incorporating artificial intelligence (AI) based automation technologies intended reduce human intervention thereby enhancing safety parameters too all amid prevailing norms established due virus spread prevention measures imposed almost every part world eventually leading massive surge demand materials required catering needs both domestic international markets.
Saudi Cables Company (SCC), Abdul Latif Jameel Power Products, STC (Saudi Telecom Company), and Sabic Engineering Plastics are some prominent players operating massively in the market.
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 Electric Conductors Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Electric Conductors Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Electric Conductors Market - Industry Life Cycle |
3.4 Saudi Arabia Electric Conductors Market - Porter's Five Forces |
3.5 Saudi Arabia Electric Conductors Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Saudi Arabia Electric Conductors Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Electric Conductors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure development projects in Saudi Arabia |
4.2.2 Growing urbanization and industrialization leading to higher demand for electricity |
4.2.3 Government initiatives promoting renewable energy sources |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from international and local electric conductor manufacturers |
4.3.3 Regulatory challenges and compliance requirements |
5 Saudi Arabia Electric Conductors Market Trends |
6 Saudi Arabia Electric Conductors Market, By Types |
6.1 Saudi Arabia Electric Conductors Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Electric Conductors Market Revenues & Volume, By Product Types, 2021-2031F |
6.1.3 Saudi Arabia Electric Conductors Market Revenues & Volume, By AAC (All Aluminum Conductor), 2021-2031F |
6.1.4 Saudi Arabia Electric Conductors Market Revenues & Volume, By AAAC (All Aluminum Alloy Conductor), 2021-2031F |
6.1.5 Saudi Arabia Electric Conductors Market Revenues & Volume, By ACSR (Aluminum Conductor Steel Reinforced), 2021-2031F |
6.1.6 Saudi Arabia Electric Conductors Market Revenues & Volume, By ACAR (Aluminum Conductor Aluminum Alloy Reinforced), 2021-2031F |
6.2 Saudi Arabia Electric Conductors Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Electric Conductors Market Revenues & Volume, By Power Cables, 2021-2031F |
6.2.3 Saudi Arabia Electric Conductors Market Revenues & Volume, By Transformer, 2021-2031F |
6.2.4 Saudi Arabia Electric Conductors Market Revenues & Volume, By Busbars, 2021-2031F |
6.2.5 Saudi Arabia Electric Conductors Market Revenues & Volume, By Submarine Power Cables, 2021-2031F |
7 Saudi Arabia Electric Conductors Market Import-Export Trade Statistics |
7.1 Saudi Arabia Electric Conductors Market Export to Major Countries |
7.2 Saudi Arabia Electric Conductors Market Imports from Major Countries |
8 Saudi Arabia Electric Conductors Market Key Performance Indicators |
8.1 Average selling price of electric conductors |
8.2 Percentage of renewable energy sources in the energy mix |
8.3 Capacity utilization rate of electric conductor manufacturers |
8.4 Research and development investment in new electric conductor technologies |
8.5 Number of new infrastructure projects in Saudi Arabia |
9 Saudi Arabia Electric Conductors Market - Opportunity Assessment |
9.1 Saudi Arabia Electric Conductors Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Saudi Arabia Electric Conductors Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Electric Conductors Market - Competitive Landscape |
10.1 Saudi Arabia Electric Conductors Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Electric Conductors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |