Saudi Arabia Electric Power Transmission and Distribution Equipment Market Size & Outlook, 2025-2033
Saudi Arabia Electric Power Transmission and Distribution Equipment Market Size
According to Straits Research analysis, the Saudi Arabia Electric Power Transmission and Distribution Equipment Market was valued at USD 4593.29 Million in 2024 and is projected to reach USD 6979.19 Million by 2033, expanding at a CAGR of 4.7% during the forecast period. Primary applications driving demand include energy transmission for the agricultural sector, efficient power delivery in the chemical industry, and strengthened end-to-end electricity service provision promising industrial growth. Market penetration is largely driven by the Saudi vision of low-carbon production, sustainability, and the incorporation of technological advancements such as smart grids. Saudi Arabia, leveraging its strategic geopolitical location, also offers significant export potential to networks seeking to improve their stability. Looking forward, Saudi Arabia's emphasis on modernizing its transmission and distribution systems aligns with its national transformation program, positioning it favorably within the global market.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Electric Power Transmission and Distribution Equipment Market Highlights
- In 2024, Switchgear accounted for the highest share of the Type market size.
- During the forecast period, Metering Equipment is set to register the highest growth, making it the most lucrative Type segment.
- As of 2024, Saudi Arabia held 1.9% of the global electric power transmission and distribution equipment market size.
- By 2033, United States is anticipated to capture the largest share of the global electric power transmission and distribution equipment market.
- In Middle East And Africa, Rest of MEA is expected to lead the regional electric power transmission and distribution equipment market size by 2033.
- South Africa will remain the fastest-growing market in Middle East And Africa, reaching USD 5913 Million by 2033.
Saudi Arabia Electric Power Transmission and Distribution Equipment Market Revenue Share 2024
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Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 4593.29 Million |
| Market Size In 2033 | USD 6979.19 Million |
| Largest segment | Switchgear |
| Fastest segment | Metering Equipment |
| Units | Revenue in USD Million |
| CAGR | 4.7% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
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| Voltage Level |
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| End Use |
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Saudi Arabia Electric Power Transmission and Distribution Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Electric Power Transmission and Distribution Equipment Market By Voltage Level 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Saudi Arabia Electric Power Transmission and Distribution Equipment Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
