Saudi Arabia Power Transmission Equipment Market Size 2033

Saudi Arabia Power Transmission Equipment Market Size, Share, Trends and Forecast by Equipment Type, Voltage Level, Application, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A37522

Saudi Arabia Power Transmission Equipment Market Overview:

The Saudi Arabia power transmission equipment market size reached USD 406.80 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 681.81 Million by 2033, exhibiting a growth rate (CAGR) of 5.30% during 2025-2033. At present, as investments in solar and wind energy projects are rising, the demand for upgrading and expanding the power transmission infrastructure to support variable and decentralized power generation is increasing. Besides this, the growing utilization of the Internet of Things (IoT) is contributing to the expansion of the Saudi Arabia power transmission equipment market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 406.80 Million
Market Forecast in 2033	USD 681.81 Million
Market Growth Rate 2025-2033	5.30%

Saudi Arabia Power Transmission Equipment Market Trends:

Increasing adoption of renewable energy

Rising adoption of renewable energy is positively influencing the market in Saudi Arabia. With increasing investments in solar and wind energy projects, there is a growing need to upgrade and expand the power transmission infrastructure to accommodate fluctuating and decentralized power generation. In April 2025, the Saudi Electricity Company (SEC) revealed intentions to initiate work on an essential 380kV substation along with related overhead transmission line (OHTL) projects in the central area of Saudi Arabia, as part of the country's continuous endeavors to enhance its renewable energy framework. The project entailed building the Mawqaq PV 380kV Bulk Supply Point (BSP) substation to enhance future renewable energy projects nationwide. Renewable energy projects are often located in remote areas, requiring efficient and long-distance transmission systems to carry electricity to utilization centers. This is driving the demand for advanced power transmission equipment, such as transformers, switchgear, circuit breakers, and high-voltage cables. As renewable sources like solar and wind generate variable output, the grid needs to be more flexible and reliable, leading to greater adoption of advanced transmission technologies. The government’s renewable energy targets and its Vision 2030 plan are also encouraging grid modernization and the integration of digital monitoring and control systems. Additionally, private sector participation in renewable projects is catalyzing the demand for high-performance transmission solutions to ensure stable power supply and minimal losses. Renewable energy’s rapid growth is enabling utilities and developers to upgrade existing transmission networks and wager on durable and efficient equipment.

Growing utilization of IoT

Increasing use of the IoT is impelling the Saudi Arabia power transmission equipment market growth. IoT-based technologies help utilities collect data from various transmission components, such as transformers, switchgear, and circuit breakers, allowing predictive maintenance and early fault detection. This reduces downtime and extends equipment life. IoT also enhances grid automation by enabling remote control and coordination of power flows, improving overall energy optimization and system reliability. As Saudi Arabia is investing in modernizing its electricity infrastructure, IoT integration is becoming vital to support advanced grid operations and ensure smooth power delivery across long distances. With rising demand for electricity, IoT aids in managing fluctuating loads and supporting real-time grid balancing. Utilities continue to benefit from minimized operational costs, while users are experiencing improved power quality and fewer outages. The encouragement for smart grid development and energy management systems is further accelerating the adoption of IoT-oriented power transmission equipment across the country. As per industry reports, the IoT market in Saudi Arabia is set to exhibit significant growth during the forecast period (2023-2029), exhibiting a CAGR of 17.5%.

Saudi Arabia Power Transmission Equipment 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 equipment type, voltage level, and application.

Equipment Type Insights:

Transformers
Circuit Breakers
Transmission Towers
Insulators
Conductors and Cables
Switchgear
Others

The report has provided a detailed breakup and analysis of the market based on the equipment type. This includes transformers, circuit breakers, transmission towers, insulators, conductors and cables, switchgear, and others.

Voltage Type Insights:

High Voltage (HV)
Extra High Voltage (EHV)
Ultra High Voltage (UHV)

A detailed breakup and analysis of the market based on the voltage type have also been provided in the report. This includes high voltage (HV), extra high voltage (EHV), and ultra high voltage (UHV).

Application Insights:

Utilities
Industrial
Commercial
Residential

The report has provided a detailed breakup and analysis of the market based on the application. This includes utilities, industrial, commercial, and residential.

Regional Insights:

Northern and Central Region
Western Region
Eastern Region
Southern Region

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.

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 Power Transmission Equipment Market News:

In February 2025, Al-Babtain Power and Telecommunication Company entered into a contract worth 622 Million Saudi Riyals (USD 165.86 Million) with Saudi Services for Electro Mechanical Works Company (SSEM) to provide steel towers for the power transmission line of the 500 kV overhead central-south interconnection link (Portion III). The 24-month agreement encompassed the design, testing, production, and provision of the transmission towers.

Saudi Arabia Power Transmission Equipment Market Report Coverage:

Report Features	Details
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: Equipment Type Voltage Level Application Region
Equipment Types Covered	Transformers, Circuit Breakers, Transmission Towers, Insulators, Conductors and Cables, Switchgear, Others
Voltage Levels Covered	High Voltage (HV), Extra High Voltage (EHV), Ultra High Voltage (UHV)
Applications Covered	Utilities, Industrial, Commercial, Residential
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:

How has the Saudi Arabia power transmission equipment market performed so far and how will it perform in the coming years?
What is the breakup of the Saudi Arabia power transmission equipment market on the basis of equipment type?
What is the breakup of the Saudi Arabia power transmission equipment market on the basis of voltage level?
What is the breakup of the Saudi Arabia power transmission equipment market on the basis of application?
What is the breakup of the Saudi Arabia power transmission equipment market on the basis of region?
What are the various stages in the value chain of the Saudi Arabia power transmission equipment market?
What are the key driving factors and challenges in the Saudi Arabia power transmission equipment market?
What is the structure of the Saudi Arabia power transmission equipment market and who are the key players?
What is the degree of competition in the Saudi Arabia power transmission equipment 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 power transmission equipment market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Saudi Arabia power transmission equipment 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 power transmission equipment 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.

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