Saudi Arabia Electrical and electronics Market (2025-2031) | Outlook, Growth, Share, Value, Companies, Revenue, Analysis, Forecast, Trends, Industry, Size

Saudi Arabia Electrical and electronics Market Synopsis

Saudi Arabia electrical and electronics market is projected to reach US$ 25.6 billion by 2031, with a CAGR of 6.4% during the forecast period 2025-2031. The Kingdom has seen an increase in the demand for home appliances, due to population growth, rising standards of living and increased consumer spending power. This trend is expected to continue as customers prefer more connected devices that are compatible with mobile phones or other digital technologies.

Market Drivers

Growing number of industries across automotive, aerospace, medical & healthcare sectors have been driving up demand for various electronic components like semiconductor chipsets etc., resulting into an incline in total sales figures across all product segments including consumer electronics goods such as smartphones & televisions etc. Various efforts made by the government including introduction of regulatory framework policies aimed towards encouraging investment by both domestic & international firms into this sector are likely to drive substantial growth within this space going forward. Further incentives provided on import taxes accompanied with access to low cost labor pool are additional factors providing impetus towards overall development of this domain over time.

Challenges of the Market

Despite recent developments ,issues pertaining inadequate power supply remain unaddressed and continue restricting potential outcomes from being achieved. Besides physical infrastructure issues, lack of skilled labors can be pointed out here since most job roles require higher level expertise than available resources thereby leading up deductions in total output. Further challenges posed due high operational costs might influence pricing strategy taken up by respective companies thereby impacting their bottom line margins immensely.

Covid 19 Impact on the Market

The Covid-19 pandemic has impacted the Saudi Arabia electrical and electronics market negatively in 2025 due to disruption in supply chain activities, shortages of workers at ports due to lockdown measures, reduced purchasing power in some regions and decreased consumer confidence levels globally which adversely affected sales volume across different product categories such as TVs, audio systems & accessories etcetera. However, since June/ July 2025 after gradual relaxation of restrictions on many economic activities , there was significant recovery witnessed in the sector mainly driven by government initiated stimulus packages including cash handouts, reduction in Value added tax from 5 %to 0 % etc.

key players of the Market

Some key players operating within this market include Samsung Electronics Co Ltd., LG Electronics Inc., Sony Corporation (Japan), Panasonic Corporation (Japan), ABB Group (Switzerland), Siemens AG( Germany ) along with local players like Power Tech Electric Company LLC.

Key Highlights of the Report:

• Saudi Arabia Electrical and electronics Market Outlook
• Market Size of Saudi Arabia Electrical and electronics Market, 2024
• Forecast of Saudi Arabia Electrical and electronics Market, 2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Revenues & Volume for the Period 2021-2031
• Saudi Arabia Electrical and electronics Market Trend Evolution
• Saudi Arabia Electrical and electronics Market Drivers and Challenges
• Saudi Arabia Electrical and electronics Price Trends
• Saudi Arabia Electrical and electronics Porter's Five Forces
• Saudi Arabia Electrical and electronics Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Electric Motors for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Primary And Storage Batteries for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Generators for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Semiconductors for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Household Appliances for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Online for the Period 2021-2031
• Historical Data and Forecast of Saudi Arabia Electrical and electronics Market Revenues & Volume By Offline for the Period 2021-2031
• Saudi Arabia Electrical and electronics Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Saudi Arabia Electrical and electronics Top Companies Market Share
• Saudi Arabia Electrical and electronics Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Electrical and electronics Company Profiles
• Saudi Arabia Electrical and electronics Key Strategic Recommendations