The market is dominated by foreign suppliers, as imports account for 62.1% of total market size in 2024. B2B drives market demand, with B2B spending representing 61.3% of total demand in 2024. Saudi Arabia has the second largest market size for electrical equipment for engines and vehicles regionally, with demand reaching USD1.4 billion in 2024. Al Amara International Trading & Contracting Co is the largest company in Saudi Arabia, generating 4.4% of the industry’s total production value in 2024. The industry is fragmented, with the top four companies generating 12.8% of total production value in 2024. The total number of companies decreases in 2024, to 513 units. The costs of the industry increase by 1.4% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 43.2% of production value in 2024, the highest regionally. The industry’s exports share increases in 2024 to 3.1% of total production output. With production value of USD508 million, Saudi Arabia accounts for 7.8% of the Middle East and North Africa total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Electrical Equipment for Engines and Vehicles in Saudi Arabia: ISIC 319. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electrical Equipment for Engines and Vehicles in Saudi Arabia: ISIC 319 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?
Electrical Equipment for Engines and Vehicles in Saudi Arabia: ISIC 319
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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