The market is dominated by domestic suppliers, as imports account for 46.7% of total market size in 2022. Investments drive market demand, with investments representing 57.6% of total demand in 2022. Saudi Arabia has the largest market size for electricity distribution and control apparatus regionally, with demand reaching USD8.5 billion in 2022. Electrical Industries Co is the largest company in Saudi Arabia, generating 4.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.6% of total production value in 2022. The total number of companies increases in 2022, to 263 units. The costs of the industry increase by 21% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 51.8% of production value in 2022, the highest regionally. The industry’s exports share decreases in 2022 to 1.1% of total production output. With production value of USD4.1 billion, Saudi Arabia accounts for 48.0% of the Middle East and North Africa total in 2022.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in Saudi Arabia: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in Saudi Arabia: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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