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Saudi Arabia Switchgear Market Size to Surpass USD 2.7 Billion by 2033, At CAGR of 4.9%

11-04-2025 07:11 AM CET | Energy & Environment

Press release from: IMARC Group

Saudi Arabia Switchgear Market Size to Surpass USD 2.7 Billion

Saudi Arabia Switchgear Market Overview

Market Size in 2024: USD 1.8 Billion
Market Size in 2033: USD 2.7 Billion
Market Growth Rate 2025-2033: 4.9%

According to IMARC Group's latest research publication, "Saudi Arabia Switchgear Market Size, Share, Trends and Forecast by Voltage, Insulation, End Use Industry, and Region, 2025-2033", The Saudi Arabia switchgear market size was valued at USD 1.8 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 2.7 Billion by 2033, exhibiting a CAGR of 4.9% from 2025-2033.

Download a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-switchgear-market/requestsample

How AI and Digital Transformation is Reshaping the Future of Saudi Arabia Switchgear Market

● AI-driven predictive maintenance in Saudi switchgear reduces unexpected failures by up to 80%, saving substantial operational costs and improving system reliability across utilities.

● Integration of AI with smart grids enables real-time fault detection and automated switching, enhancing energy efficiency and minimizing downtime in power distribution networks.

● AI-powered digital twin technologies simulate switchgear performance under varied conditions, allowing optimal design, testing, and minimizing costly in-field adjustments in Saudi infrastructure projects.

● The Saudi government's AI initiatives, including SDAIA's funding and AI talent development programs, accelerate adoption of intelligent switchgear solutions in national energy and smart city plans.

● Companies like ABB and Hitachi are launching AI-ready switchgear systems in Saudi Arabia, combining cybersecurity features and advanced analytics for safer, smarter power management.

Saudi Arabia Switchgear Market Trends & Drivers:

Saudi Arabia's switchgear market is growing rapidly thanks to major government investments aimed at modernizing the power grid and supporting renewable energy projects. The Electricity & Cogeneration Regulatory Authority (ECRA) is rolling out smart grids and smart metering systems, which rely heavily on advanced switchgear for optimized power distribution. Supporting this trend, giants like Hitachi Energy, Siemens, and Hyundai are integrating cutting-edge technologies, facilitating the grid's upgrade and renewable integration. These efforts are closely linked to the Kingdom's Vision 2030, which aims to diversify the energy mix and boost infrastructure efficiency through innovative solutions.

The commercial and industrial sectors are key drivers for switchgear demand, fueled by expanding infrastructure like malls, hotels, and industrial complexes across Saudi Arabia. Industrial-heavy regions require high-performance switchgear that ensures reliability in power supply while increasing energy efficiency. The Western region especially benefits from major developments such as NEOM and the Red Sea Project, which demand state-of-the-art switchgear to manage energy-intensive operations that meet sustainability goals. As industrial processes grow more complex, the switchgear market expands to offer tailored solutions supporting safety and operational efficiency.

Local manufacturing of switchgear components is gaining traction with government encouragement to reduce imported equipment reliance and create new jobs. For example, the Saudi Electricity Company recently installed nearly 5 million low voltage switchgear units, with over 2 million produced locally. This push supports technological self-sufficiency and industrial growth. The National Renewable Energy Program is also driving the need for switchgear that works seamlessly with solar and wind power plants. In parallel, smart city initiatives across the Kingdom are boosting demand for advanced, reliable switchgear that supports intelligent electrical grids and enhanced energy management.

Ask analyst for customized report: https://www.imarcgroup.com/request?type=report&id=13323&flag=E

Saudi Arabia Switchgear Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Voltage:

● Low Voltage
● Medium Voltage
● High Voltage

Analysis by Insulation:

● Gas-Insulated Switchgear
● Air-Insulated Switchgear

Analysis by End Use Industry:

● Residential
● Commercial
● Industrial

Regional Analysis:

● Northern and Central Region
● Western Region
● Eastern Region
● Southern Region

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Recent News and Developments in Saudi Arabia Switchgear Market

● October 2025: L&T Heavy Engineering won major switchgear orders for Saudi transmission projects, boosting local industry and introducing smart, AI-enabled grid solutions.

● September 2025: ABB launched AI-integrated, cybersecurity-enhanced switchgear systems in Saudi Arabia, improving operational safety and real-time diagnostics for critical infrastructure.

● August 2025: Saudi Electricity Company completed installation of over 2 million smart low-voltage switchgear units domestically, advancing grid modernization and energy efficiency goals.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

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