Saudi Arabia PCB Components Market

Saudi Arabia PCB Components Market Overview:

The Saudi Arabia PCB components market size reached USD 260.46 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 678.24 Million by 2033, exhibiting a growth rate (CAGR) of 11.22% during 2025-2033. The market is driven by national efforts to localize electronics manufacturing under Vision 2030 and strengthen industrial independence. Investments in indigenous defense and security electronics is increasing demand for durable, high-performance PCB systems. Simultaneously, the rise of digital infrastructure and smart energy projects is creating sustained opportunities in PCB integration, further augmenting the Saudi Arabia PCB components market share.

Saudi Arabia PCB Components Market Trends:

Expanding Electronics Assembly and Localization Initiatives

Saudi Arabia is actively developing a domestic electronics manufacturing base as part of its Vision 2030 strategy, which promotes industrial self-reliance and technology-driven diversification. Government-backed programs such as the National Industrial Development and Logistics Program (NIDLP) are incentivizing local production of consumer electronics, defense systems, and telecommunications equipment, all of which rely on printed circuit board (PCB) components. In 2025, Saudi Arabia’s electronics eCommerce market is projected to generate USD 2.72 billion in revenue, with a CAGR of 10.53% through 2029, reaching USD 4.05 billion. The user base is expected to grow to 19.1 million by 2029, up from a 26.6% penetration rate in 2025 to 48.8%. The average revenue per user (ARPU) stands at USD 274.68. To reduce dependency on imports, Saudi firms are entering technical partnerships with global electronics design and assembly players. This includes investments in SMT (surface-mount technology) lines, testing facilities, and quality assurance labs that enhance component integration capabilities. Local start-ups and manufacturers are targeting niches such as smart meters, IoT modules, and embedded control boards, creating a new layer of demand for PCB assemblies. Furthermore, the establishment of tech zones in Riyadh and NEOM is attracting foreign investment in electronics manufacturing, which benefits upstream PCB suppliers. These industrial policy shifts are supporting a more structured and scalable electronics ecosystem, which is foundational for Saudi Arabia PCB components market growth.

Digital Infrastructure and Renewable Energy Projects

Saudi Arabia’s investments in digital infrastructure, especially 5G networks, smart cities, and data centers, are fueling demand for PCB components that enable signal routing, power management, and system control. Network equipment, base stations, servers, and smart sensors require a wide range of PCBs with high-speed, low-latency, and thermally stable properties. Additionally, the Kingdom’s push toward renewable energy sources, such as solar and wind, involves PCB-based inverters, battery management systems (BMS), and energy monitoring devices. On December 4, 2023, Saudi Arabia reported a 300% increase in installed renewable energy capacity, reaching 2,800 MW, enough to power over 520,000 homes, with 8 GW under construction and 13 GW in development. The Saudi Green Initiative is backed by over USD 188 billion in public and private investments. These applications demand PCBs capable of operating in harsh environmental conditions while maintaining energy conversion efficiency. The Kingdom aims to reduce emissions by 278 million tons per annum by 2030 and has begun operation of 5,600 MW in gas-fired power plants alongside development of an USD 8.4 billion green hydrogen facility in NEOM. Mega-projects like NEOM and The Line are embedding large-scale IoT frameworks, which use PCB-enabled control units across infrastructure, mobility, and energy verticals. The integration of AI-driven controls and machine learning algorithms in utility operations is also generating new needs for adaptive PCB designs. Together, these initiatives are shaping a future-ready technological landscape with PCB components at its operational core.

Saudi Arabia PCB Components Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component type, PCB type, and end use industry.

Component Type Insights:

• Resistors
• Capacitors
• Diodes
• Transistors
• Integrated Circuits (ICs)
• Connectors
• Others

The report has provided a detailed breakup and analysis of the market based on the component type. This includes resistors, capacitors, diodes, transistors, integrated circuits (ICs), connectors, and others.

PCB Type Insights:

• Rigid PCBs
• Flexible PCBs
• Rigid-Flex PCBs

The report has provided a detailed breakup and analysis of the market based on the PCB type. This includes rigid PCBs, flexible PCBs, and rigid-flex PCBs.

End Use Industry Insights:

• Consumer Electronics
• Automotive
• Industrial Electronics
• Healthcare
• Telecommunications
• Aerospace and Defense
• Others

The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes consumer electronics, automotive, industrial electronics, healthcare, telecommunications, aerospace and defense, and others.

Regional Insights:

• Northern and Central Region
• Western Region
• Eastern Region
• Southern Region

The report has also provided a comprehensive analysis of all major regional markets. This includes Northern and Central Region, Western Region, Eastern Region, and Southern Region.

Competitive Landscape:

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.

Saudi Arabia PCB Components Market News:

• On February 13, 2025, Saudi Arabia’s National Semiconductor Hub (NSH) announced it will tape out its first chip by July 2025 as part of its broader goal to attract 50 semiconductor companies to the Kingdom by 2030. As part of this initiative, 16 U.S. fabless companies were selected from 64 applicants in the first cohort, each receiving around USD 2 Million in operational incentives, supported by a total funding pool of USD 3.2 Billion (USD 800 Million public and USD 2.4 Billion private).

Saudi Arabia PCB Components Market Report Coverage:

Key Questions Answered in This Report:

• How has the Saudi Arabia PCB components market performed so far and how will it perform in the coming years?
• What is the breakup of the Saudi Arabia PCB components market on the basis of component type?
• What is the breakup of the Saudi Arabia PCB components market on the basis of PCB type?
• What is the breakup of the Saudi Arabia PCB components market on the basis of end use industry?
• What is the breakup of the Saudi Arabia PCB components market on the basis of region?
• What are the various stages in the value chain of the Saudi Arabia PCB components market? 
• What are the key driving factors and challenges in the Saudi Arabia PCB components market?
• What is the structure of the Saudi Arabia PCB components market and who are the key players?
• What is the degree of competition in the Saudi Arabia PCB components market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Saudi Arabia PCB components market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia PCB components market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Saudi Arabia PCB components industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.