| Product Code: ETC9164641 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Saudi Arabia`s import trend in the electric power equipment market showed significant growth from 2023 to 2024, with a notable increase of 116.87%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 22.55%. This surge in imports can be attributed to the country`s increasing demand for modernizing its power infrastructure to meet rising energy needs and enhance operational efficiency.
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 Power Equipment Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Electric Power Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Electric Power Equipment Market - Industry Life Cycle |
3.4 Saudi Arabia Electric Power Equipment Market - Porter's Five Forces |
3.5 Saudi Arabia Electric Power Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Saudi Arabia Electric Power Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Electric Power Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity due to population growth and economic development in Saudi Arabia |
4.2.2 Government initiatives to diversify the energy mix and increase renewable energy sources |
4.2.3 Technological advancements leading to the adoption of more efficient and sustainable electric power equipment |
4.3 Market Restraints |
4.3.1 Fluctuations in oil prices affecting government budgets and investment in the energy sector |
4.3.2 Regulatory challenges and bureaucracy impacting the speed of project approvals and implementation |
5 Saudi Arabia Electric Power Equipment Market Trends |
6 Saudi Arabia Electric Power Equipment Market, By Types |
6.1 Saudi Arabia Electric Power Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Transformers, 2021- 2031F |
6.1.4 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Switchgear, 2021- 2031F |
6.1.5 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Switchboard Apparatus, 2021- 2031F |
6.2 Saudi Arabia Electric Power Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.3 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Saudi Arabia Electric Power Equipment Market Revenues & Volume, By Residential, 2021- 2031F |
7 Saudi Arabia Electric Power Equipment Market Import-Export Trade Statistics |
7.1 Saudi Arabia Electric Power Equipment Market Export to Major Countries |
7.2 Saudi Arabia Electric Power Equipment Market Imports from Major Countries |
8 Saudi Arabia Electric Power Equipment Market Key Performance Indicators |
8.1 Percentage of electricity generated from renewable sources |
8.2 Investment in research and development for new electric power equipment technologies |
8.3 Number of public-private partnerships in the electric power sector |
9 Saudi Arabia Electric Power Equipment Market - Opportunity Assessment |
9.1 Saudi Arabia Electric Power Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Saudi Arabia Electric Power Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Electric Power Equipment Market - Competitive Landscape |
10.1 Saudi Arabia Electric Power Equipment Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Electric Power Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |