The market is dominated by foreign suppliers, as imports account for 96.1% of total market size in 2024. Investments drive market demand, with investments representing 40.6% of total demand in 2024. Saudi Arabia has the largest market size for accumulators, primary cells and primary batteries regionally, with demand reaching USD707 million in 2024. Middle East Battery Co is the largest company in Saudi Arabia, generating 14.4% of the industry’s total production value in 2024. The industry is fragmented, with the top two companies generating 24.6% of total production value in 2024. The total number of companies remains unchanged in 2024. The costs of the industry decrease by 1.5% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 22.0% of production value in 2024, the highest regionally. The industry’s exports share increases in 2024 to 62.5% of total production output. With production value of USD60.7 million, Saudi Arabia accounts for 4.8% of the Middle East and North Africa total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Accumulators, Primary Cells and Primary Batteries in Saudi Arabia: ISIC 314. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Accumulators, Primary Cells and Primary Batteries in Saudi Arabia: ISIC 314 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in Saudi Arabia report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
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- Is industry’s competitive landscape concentrated or fragmented?
Accumulators, Primary Cells and Primary Batteries in Saudi Arabia: ISIC 314
HEADLINES
MARKET OVERVIEW
Hi-tech Goods
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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