The Saudi Arabia electrical wires and cables size is projected to exhibit a growth rate (CAGR) of 6.10% during 2025-2033. The market is growing on account of the rising adoption of electric vehicles, renewable energy systems, and industrial automation. These products, coupled with the evolution in fuse technology, are fueling the growth in the market. As demand for reliable and efficient power systems grows, the Saudi Arabia electrical wires and cables market share is expanding further.
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 Growth Rate 2025-2033 | 6.10% |
Local Manufacturing Expansion
Saudi Arabia's electrical wires and cables market is witnessing considerable growth due to rising investments in local manufacturing units. In an effort to realize the country's Vision 2030, some leading players are increasing their production capacity to ensure domestic demand. For example, in January 2024, Elsewedy Cables KSA agreed with the Royal Commission for Jubail and Yanbu to set up a Special Cables and Copper Rod factory at Yanbu Industrial City. This new plant is designed to satisfy the increasing local need for energy sector equipment and assist Saudi Arabia's economic diversification. Through the enhancement of its production capabilities, Elsewedy Cables is positioned to become a major player in the kingdom's power and infrastructure sectors. The development will also generate job opportunities and drive the local economy in the long term. Focusing on the objectives of Vision 2030, the expansion will also make the kingdom self-sufficient in terms of electrical cable manufacturing, less reliant on imports, and serve to boost vital industries such as energy, building and construction, and manufacturing.
Growing Demand for Specialized Cables
The demand for specialized cables, such as low-voltage cables, is increasing in Saudi Arabia due to the growing energy sector and infrastructure development. The country's emphasis on innovation and infrastructure is encouraging new ventures to meet rising local demand. For instance, in June 2024, Al Ojaimi Industrial Group inaugurated the Union Paths Cable Factory, specializing in low-voltage cables with an annual capacity of 5,000 tons of aluminum and 10,000 tons of copper. This factory will help meet the energy sector's specific requirements, such as power distribution and industrial operations, by providing high-quality cables. The Ministry of Energy's support for this initiative reflects the growing importance of local production in Saudi Arabia's energy and infrastructure sectors. With an increasing focus on energy-efficient solutions, this expansion will strengthen the electrical wires and cables market, especially in the low-voltage segment. As local production increases, Saudi Arabia's market for specialized cables is expected to grow, creating opportunities for manufacturers and contributing to the nation's economic development. The launch also aligns with the government's broader efforts to support local industry and reduce reliance on imports, further impelling Saudi Arabia electrical wires and cables market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on type and end user.
Type Insights:
The report has provided a detailed breakup and analysis of the market based on the type. This includes power cable and specialty cable.
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 railway, power, construction, telecom, 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. 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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Types Covered | Power Cable, Specialty Cable |
End Users Covered | Railway, Power, Construction, Telecom, 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: