Saudi Arabia industrial electrical components market size reached USD 479.9 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 604.2 Million by 2033, exhibiting a growth rate (CAGR) of 2.59% during2025-2033. The increasing usage of industrial machinery and systems is primarily driving the market growth.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 479.9 Million |
Market Forecast in 2033 | USD 604.2 Million |
Market Growth Rate (2025-2033) | 2.59% |
Industrial electrical components are essential elements within industrial systems and machinery that facilitate the generation, distribution, control, and management of electrical power and signals in manufacturing and industrial processes. These components include a wide range of devices and equipment, such as circuit breakers, electrical connectors, switches, relays, contactors, motors, sensors, and control panels. Industrial electrical components play a critical role in ensuring the reliable and safe operation of industrial equipment by regulating power supply, protecting against electrical faults, and enabling automation and control functions. They are designed to withstand harsh industrial environments, including extreme temperatures, vibrations, and exposure to dust or moisture. These components are pivotal in optimizing efficiency, improving safety, and maintaining the seamless operation of industrial processes across various sectors, including manufacturing, energy production, automotive, aerospace, and more.
The industrial electrical components market in Saudi Arabia has witnessed substantial growth and development in recent years, driven by the nation's robust industrialization efforts and the modernization of its manufacturing and infrastructure sectors. As Saudi Arabia continues to diversify its economy and invest in industrial expansion, there has been an increasing demand for high-quality electrical components and automation solutions. These components encompass a wide range of products, including circuit breakers, switches, motors, and sensors, among others, all of which are integral to the functioning of industrial machinery and systems. The market's growth is further fueled by the adoption of automation and Industry 4.0 practices, which rely heavily on advanced electrical components for efficient and smart manufacturing processes. Additionally, the emphasis on energy efficiency and sustainability has driven the demand for eco-friendly and energy-saving electrical solutions. As Saudi Arabia positions itself as a regional industrial hub, the industrial electrical components market will present significant opportunities for both domestic and international manufacturers to meet the evolving needs of the country's burgeoning industrial landscape.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on component and end user.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes switchgears, transformers, electric motors and starters, monitoring and controlling devices, automation (feeder automation and substation automation), led lighting, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes power utility, oil and gas, infrastructure sector, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered | Switchgears, Transformers, Electric Motors and Starters, Monitoring and Controlling Devices, Automation (Feeder Automation and Substation Automation), LED Lighting, Others |
End Users Covered | Power Utility, Oil and Gas, Infrastructure Sector, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: