The market is dominated by foreign suppliers, as imports account for 84.7% of total market size in 2022. Investments drive market demand, with investments representing 50.6% of total demand in 2022. Saudi Arabia has the largest market size for electric motors, generators and transformers regionally, with demand reaching USD2.0 billion in 2022. Electrical Industries Co is the largest company in Saudi Arabia, generating 52.6% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 77.3% of total production value in 2022. The total number of companies increases in 2022, to 28 units. The costs of the industry increase by 17.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 34.5% of production value in 2022, the highest regionally. The industry’s exports share increases in 2022 to 8.4% of total production output. With production value of USD241 million, Saudi Arabia accounts for 6.7% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Electric Motors, Generators and Transformers in Saudi Arabia: ISIC 311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Motors, Generators and Transformers in Saudi Arabia: ISIC 311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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