Summary

The Saudi Arabian switchgear industry is expected to grow gradually. The Saudi switchgear market is being driven by the government's increasing attempts to modernise and upgrade the nation's current T&D infrastructure. Over the course of the forecast period, the country's increasing energy consumption and expanding underground electric cable installation trends are expected to boost the market. In addition, the need for switchgear is increasing due to the growing automation in the electrical industry. Furthermore, improved economic conditions brought on by changed governmental policies, the establishment of special economic zones, etc., would boost the nation's demand for switchgear. At the moment, Saudi Arabia dominates the switchgear industry in the Middle East. The electricity utilities sector provided the lion's share of revenue for the Saudi Arabian switchgear market. The Saudi Arabian government hopes to satisfy the need for expansion in the relevant sector and encourage the development of different power projects by increasing the share of renewable energy sources in the nation's total energy mix. Nonetheless, throughout the upcoming years, it is projected that the commercial and industrial sectors will see a considerable increase in market share. Some important supportive elements propelling market growth are the growing need for secure and dependable power distribution networks and the increasing desire for electrification in future switchgear replacement. Growing awareness, waning competition from rival insulating technologies, and growing demand for circuit protection devices are driving the market's expansion.

According to the research report "Saudi Arabia Switchgear Market Overview, 2028," published by Bonafide Research, the Saudi Arabia Switchgear market is expected to reach a market size of more than USD 1.50 Billion by 2028. Saudi Arabia is heavily investing in infrastructure development, including commercial, industrial, and residential projects. The construction of new buildings and facilities requires reliable electrical distribution systems, which fuels the demand for switchgear. The country is experiencing rapid urbanisation, with an increasing population and urban development projects. Urban areas require advanced electrical distribution infrastructure, including switchgear, to meet the electricity needs of residents and businesses. Saudi Arabia is making substantial investments in renewable energy sources, particularly solar and wind power. Switchgear is essential for integrating renewable energy into the grid and efficiently distributing clean energy. Saudi Arabia's oil and gas industry, one of the world's largest, requires robust electrical distribution systems, especially in remote and challenging environments. Switchgear plays a critical role in ensuring safe and efficient power distribution in this sector. The country is actively implementing smart grid technologies to enhance energy efficiency, monitor grid performance, and improve power distribution. Smart grid initiatives often require advanced switchgear solutions. Saudi Arabia is modernising its electrical grid to improve grid stability and reliability. Modernization efforts include the installation of advanced switchgear systems. Environmental regulations and sustainability goals drive the adoption of eco-friendly switchgear solutions that reduce greenhouse gas emissions, aligning with the country's environmental initiatives.

Based on the insulation types, which include gas-insulated switchgear, air-insulated switchgear, and others, among them, air-insulated switchgear contributes significantly to the market share.
In terms of voltage types, which include low voltage, high voltage, and medium voltage, among them in Saudi Arabia, high voltage is a growing market. Saudi Arabia is actively expanding and modernising its electrical grid. High-voltage switchgear is essential for transmitting electricity over long distances and for efficiently connecting power generation sources to the grid. Saudi Arabia is making significant investments in renewable energy, particularly solar and wind power. High-voltage switchgear is commonly used to facilitate the integration of renewable energy sources into the grid, especially for large-scale solar farms and wind farms. High-voltage switchgear is often used in mining operations to power heavy machinery and processing equipment. The growth of the mining sector in Saudi Arabia contributes to the demand for high-voltage solutions. Manufacturers offer customised high-voltage switchgear solutions to meet the specific requirements of large-scale projects and industries, providing flexibility in design and configuration.

Based on the Installation types include the outdoor and indoor. Outdoor is a leading market. Saudi Arabia's climate includes extreme heat, sandstorms, and low humidity. Outdoor switchgear installations are designed to withstand these harsh environmental conditions, making them a practical choice for the region. While urban development is a prominent feature in Saudi Arabia, there are still areas with ample outdoor space, especially in industrial zones and remote locations. Outdoor installations are cost-effective in areas where space is readily available. The country's ambitious infrastructure projects, including industrial zones, commercial complexes, and transportation networks, often require the installation of electrical equipment in outdoor settings. These projects drive the demand for outdoor switchgear. The country's ambitious large-scale projects, such as smart cities and industrial complexes, require advanced outdoor transmission and distribution systems. These projects contribute to the demand for outdoor switchgear. Outdoor installations are often used for high-voltage applications, such as electrical substations and power transmission. High-voltage outdoor switchgear is common in the country's extensive energy infrastructure.

According to the report, end users are segmented into the Transmission & Distribution Utilities, Industries, Commercial & Residential, and other end users among them in Saudi Arabia. Industry has the second highest market share, and Saudi Arabia has been actively promoting industrialization and diversification of its economy. The growth of industries such as petrochemicals, manufacturing, mining, and heavy machinery production has led to increased demand for switchgear to support their electrical distribution needs. Industries typically have high energy demands, and this requires robust electrical distribution systems. Switchgear is crucial for ensuring a stable and efficient power supply for industrial operations. The growth of the mining industry in Saudi Arabia has led to increased energy demands. Switchgear is used in mining operations to power heavy machinery, processing equipment, and transportation systems. The establishment of industrial zones and complexes has created clusters of industrial facilities that rely on advanced electrical infrastructure. This has driven the demand for switchgear in these areas. Many industrial facilities in Saudi Arabia are focused on improving energy efficiency. Switchgear technology plays a role in optimising energy distribution and reducing power losses.
NEWS:
• In March 2022, the Linxon Company clinched three contracts worth USD 62 million to deliver power distribution network expansion projects for the Saudi Electricity Company. Linxon will extend the existing 230 kV GIS (Gas-Insulated Switchgear) to provide power supply to the South Ghawar Gas separation plant. It also includes the expansion of the existing Badar substation in Riyadh, the additional installation of reactors at Nafal, and the expansion and installation of bus reactors at Makkah and Jeddah North East substations.
• In March 2023 Larsen & Toubro (L&T) announced that one of its key subsidiaries secured an order to build a 380kV substation in Saudi Arabia and the associated transmission interconnections. By implementing this order, Saudi Arabia's National Renewable Energy Programme seeks to increase the share of renewable energy generation in its energy mix.
• April 2022, Saudi Electricity Company (SEC) awarded Gas Insulated Switchgear (GIS) contracts to Hitachi Energy. The agreement includes designing, supplying, supervising, installing, testing, and commissioning 380kV and 132kV of gas-insulated switchgear for various substations like Afif BSP, Al Baha BSP, and Uwaiqilah BSP.

Considered in this report:
• Geography: Saudi Arabia
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Saudi Arabia Switch Gear market Overview with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Insulation Type:
• Gas-insulated Switchgears
• Air-insulated Switchgears
• Others

By Voltage Level:
• Low Voltage
• Medium Voltage
• High Voltage

By Installation Type:
• Outdoor Type
• Indoor Type

By End User:
• Transmission & Distribution Utilities
• Industries
• Commercial & Residential
• Other End Users

The approach of the report:
This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations, and organisations related to the Switchgear industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.

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