The market is dominated by foreign suppliers, as imports account for 86.2% of total market size in 2024. Investments drive market demand, with investments representing 72.7% of total demand in 2024. Saudi Arabia has the second largest market size for appliances for measuring, navigating and testing regionally, with demand reaching USD2.9 billion in 2024. Middle East Electric Meter Fty Co is the largest company in Saudi Arabia, generating 19.9% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 41.5% of total production value in 2024. The total number of companies increases in 2024, to 37 units. The costs of the industry increase by 0.8% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 41.2% of production value in 2024, the highest regionally. The industry’s exports share increases in 2024 to 11.2% of total production output. With production value of USD342 million, Saudi Arabia accounts for 2.6% of the Middle East and North Africa total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Appliances for Measuring, Navigating and Testing in Saudi Arabia: ISIC 3312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Appliances for Measuring, Navigating and Testing in Saudi Arabia: ISIC 3312 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
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- Is industry’s competitive landscape concentrated or fragmented?
Appliances for Measuring, Navigating and Testing in Saudi Arabia: ISIC 3312
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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