6wresearch logo
6wresearch discount on market reports

KSA package substation market to grow

January 12, 2017

Growing energy demand, rising power transmission & distribution network, increasing infrastructure development activities and shift towards power generation from renewable source of energy are anticipated to drive the demand for package substation market in Saudi Arabia.

According to 6Wresearch, Saudi Arabia Package Substation Market is projected to reach $842.9 Million by 2022. Package Substation market in Saudi Arabia grew over the past five years on the back of increasing power requirement due to growing population, infrastructure development and rapid industrialization. Though, during the forecast period, the growth of the market is expected to decline owing to lower infrastructure spending due to lower oil prices.

According to Ravi Bhandari, Research Analyst, 6Wresearch, In Saudi Arabia, industrial sector has captured major revenue share in the overall market, however power sector revenues is expected to rise with expansion of transmission and distribution network and the setup of new power plants in the country.

"Even though, the economy of the Kingdom has suffered majorly due to collapse of global crude oil prices; the country is expected to bounce back post 2018 with the recovery of these prices. Public infrastructure projects, transportation, industrial cities and power projects are expected to fuel the demand for package substation in Saudi Arabia," Ravi further added.

According to Anuj Sharma, Research Associate, Research and Consulting, 6Wresearch, "Package Substations with voltage rating less than 36KV are the main drivers of the market in Saudi Arabia, with sub segment of voltage rating 13.8KV showcasing the major demand. Infrastructure development, power projects and industrial expansion lined up in the forecast period are expected to fuel the market in Saudi Arabia," Anuj concluded.

Some of the major Comapanies in Saudi Arabia Package Substations market Include Al-Fanar, ABB, Schneider Electric, Siemens and Lucy Electric, among others.

Media Source: Utilities-me

      Browse More Report

Saudi Arabia Road Assistance and Vehicle Service Market (2018-2024)

Market Forecast By Package Type (Basic Package and Custom Package), By Regions (Central Region, Northern Region, Western Region and Southern Region) and Competitive Landscape

Read More

India Electric Motors Market (2017-2023)

Market Forecast By Type (AC Motors and DC Motors), By Voltage (Low Voltage, Medium Voltage and High Voltage), By Power Capacity (Fractional Horsepower (FHP) and Integral Horsepower (IHP)), By Applications (Industrial, Commercial, Residential, Transportation...

Read More

Saudi Arabia 50 Hp and Above Electric Motor Market (2018-2024)

Market Forecast By Type (AC Motor and DC Motor), By Voltage (Low Voltage Electric Motor, Medium Voltage Electric Motor and High Voltage Electric Motor), By End Users (Oil and Gas, Petrochemical, Chemicals, and Fertilizers, Water and Utilities, Metals and Mining...

Read More

Saudi Arabia Air Pollution Control Market (2018-2024)

Market Forecast By Equipment Types (Electrostatic Precipitators (ESP), Flue-Gas Desulfurization (FGD), Scrubber, Fabric Filter / Bag Filter and Others), By Applications (Power Generation, Iron & Steel Industry, Chemical Industry and Others), By Regions...

Read More

Saudi Arabia Circuit Breaker Market (2018-2024)

Market Forecast By Voltage (Low Voltage (< 1.1 kV) (MCB, MCCB, ACB and Others), Medium Voltage (1.1 kV - 36 kV) (Vacuum Insulated and Gas Insulated) and High Voltage (> 36 kV) (Gas Insulated and Oil Insulated)), By Services (Repair & Maintenance, Installation...

Read More

Middle East Unmanned Aerial Vehicle Market (2018-2024)

Market Forecast By Types (Defense (Low Altitude Low Endurance (LALE) and Medium Altitude Long Endurance (MALE)) and Commercial (Multi Rotor and Fixed Wing Type)), By Commercial Applications (Delivery & Media, Industrial & Construction, Personal...

Read More

Saudi Arabia Industrial Boilers Market (2018-2024)

Market Forecast By Capacity (0.5-3 tonnes/hr, 3.1-10 tonnes/hr, 10.1-25 tonnes/hr and Above 25 tonnes/hr), By Type (Fire-Tube and Water-Tube), By Fuel (Oil Fired and Gas Fired), By End-User (Downstream, Processing, Pulp & Paper, Hospitality and Others including Mining...

Read More

Saudi Arabia Power and Distribution Transformer Market (2018-2024)

Market Forecast By Types (Power Transformer and Distribution Transformer), By Power Rating (Up to 315 KVA, 315.1 KVA - 5000 KVA, 5.1 MVA - 50 MVA and 50.1 MVA - 160 MVA), By Cooling System (Dry Type and Liquid Type), By Applications (Power Utilities and Industrial)...

Read More

UAE Intelligent Transportation System Market (2017-2023)

Market Forecast By Types (Advanced Transportation Management System, Advanced Public Transportation System, Advanced Traveler Information System, Cooperative Vehicle System and Others), By Verticals (Traffic Signal Control, Parking Management, Public Transport...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events