Saudi Arabia Power Transmission Lines & Towers Market is Expected to grow at a robust CAGR of 7.72% through 2030F
The
increasing Saudi Arabia power transmission lines & towers market is driven
by adoption of smart grid and digital transmission technologies, growth of
power transmission infrastructure in industrial zones during the forecast
period 2026-2030F.
According
to TechSci Research report, “Saudi
Arabia Power Transmission Lines & Towers Market – By Region, Competition,
Forecast & Opportunities, 2030F, The Saudi Arabia Power Transmission
Lines & Towers Market was valued at USD 1.86 Billion in 2024 and is
expected to reach USD 2.93 Billion by 2030 with a CAGR of 7.72% during the
forecast period. Saudi Arabia is heavily investing in expanding its
high-voltage transmission infrastructure to support growing electricity demand
and improve grid stability. The country is focusing on 400 kV and 500 kV
transmission lines to facilitate the efficient transfer of electricity over
long distances. With ongoing Vision 2030 initiatives, there is a push to
modernize power infrastructure, especially in industrial and urban zones.
One
of the key drivers of this trend is the rapid increase in energy consumption
due to urbanization and industrial expansion. The country’s electricity demand
is expected to rise annually due to projects like NEOM, The Line, and Qiddiya,
requiring a more extensive transmission network. Additionally, the shift toward
integrating renewable energy sources, such as solar and wind, into the grid
necessitates the development of new high-voltage transmission corridors.
Saudi
Electricity Company (SEC) and other key players are focusing on building more
robust power networks to reduce transmission losses and improve efficiency.
There is also a rising interest in HVDC (High Voltage Direct Current)
technology, which enables long-distance power transmission with minimal energy
loss.
Furthermore,
Saudi Arabia is expanding its grid interconnections with neighboring countries.
The recent Saudi-Egypt power interconnection project, with a capacity of 3,000
MW, will significantly boost cross-border energy trade. Similar projects with
the GCC and Jordan are under discussion, further driving the demand for
high-voltage transmission lines and towers.
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over XX market data Figures spread through XX Pages and an in-depth TOC on the "
Saudi Arabia Power Transmission Lines & Towers Market"
In 2024, Based
on product, Transmission Lines is the fastest growing segment in the Saudi
Arabia Power Transmission Lines & Towers Market in coming period, due to
increasing electricity demand, rapid industrialization, and major
infrastructure projects under Vision 2030. The government’s focus on expanding
and modernizing the power grid to accommodate growing urban centers, industrial
zones, and renewable energy projects is a key driver.
Saudi
Arabia is actively investing in its power sector to ensure a stable and
reliable electricity supply. The country’s commitment to integrating renewable
energy sources like solar and wind requires an extensive and efficient
transmission network to distribute power effectively across the nation. The
development of mega renewable projects, including the Neom Green Hydrogen
Project and Red Sea Solar Park, has increased the need for high-voltage
transmission lines.
Cross-border electricity trade is a growing trend in the Gulf region, and Saudi
Arabia’s participation in the GCC Interconnection Grid enhances regional energy
security. Expanding the transmission network is crucial to ensuring seamless
power exchange with neighboring countries, such as UAE, Kuwait, and Egypt.
The
shift towards advanced high-voltage transmission lines, including HVDC (High
Voltage Direct Current) technology, is further fueling market growth. HVDC
transmission lines minimize power loss over long distances and are essential
for large-scale energy transportation, particularly from remote renewable
energy plants to high-demand urban areas.
Smart grid development initiatives in Saudi Arabia are increasing investments
in transmission infrastructure, incorporating IoT-enabled monitoring systems
and AI-based predictive maintenance, making transmission lines more efficient
and reliable. With
rising electricity demand, a push for grid modernization, and major renewable
energy projects, transmission lines are expected to dominate the Saudi Arabia
Power Transmission Lines & Towers Market, ensuring the country’s power
infrastructure remains robust, efficient, and future-ready.
Based
on region, Makkah is the fastest growing region in the Saudi Arabia Power
Transmission Lines & Towers Market during the forecast period, due to rapid
urbanization, infrastructure expansion, and increasing electricity demand
driven by population growth and large-scale development projects. As one of the
most populous and economically significant regions in the country, Makkah
requires a robust and modern power transmission infrastructure to support its
growing energy needs.
A
key factor contributing to this growth is the ongoing expansion of religious
tourism. Makkah is home to Islam’s holiest sites, including the Grand Mosque,
which hosts millions of pilgrims every year for Hajj and Umrah. To accommodate
this influx, the Saudi government is heavily investing in expanding hotels,
transportation, and smart city initiatives, all of which require a stable and high-capacity
power transmission network. Projects like the Makkah Metro, which enhances
transportation within the city, further drive demand for reliable electricity
supply through upgraded transmission lines and towers. Vision 2030 initiatives emphasize Makkah as a hub for economic and
infrastructure development, leading to increased industrialization and
commercial activities. The construction of new residential and commercial
projects, along with the development of smart grids, is pushing the need for
enhanced transmission capacity and modernized power infrastructure.
Another
significant driver is the integration of renewable energy projects in and
around Makkah. With the Saudi Green Initiative promoting sustainable energy,
solar and wind projects in the region are increasing, necessitating advanced
power transmission networks to distribute electricity efficiently. Makkah's geographical location makes it a strategic region for power
distribution, linking western Saudi Arabia’s major cities. Government
investments in high-voltage transmission lines, smart grid technologies, and
substations are ensuring that Makkah remains at the forefront of power
transmission market growth.
Key
market players in the Saudi Arabia Power Transmission Lines & Towers market
are: -
- Saudi
Electricity Company
- Zamil
Group Holding Company
- Al Sharif
Group Holding
- Schneider
Electric Saudi Arabia
- Siemens
Saudi Arabia
- General
Electric
- Al-Babtain
Power & Telecom
- National
Company for Galvanizing and Steel Poles (Galvanco)
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“The
Saudi Arabia Power Transmission Lines & Towers Market presents significant
opportunities driven by rapid urbanization, industrial expansion, and renewable
energy integration. Vision 2030 initiatives are accelerating infrastructure
projects, increasing the demand for modernized high-voltage transmission lines
and smart grids. The growth of renewable energy projects, including solar and
wind farms, requires advanced transmission networks. Additionally, regional
interconnection projects with neighboring countries enhance market potential.
Expanding electricity access in remote areas and upgrading aging infrastructure
create further opportunities. Investments in digital grid technologies and
sustainable energy transmission solutions position Saudi Arabia as a key player
in the power transmission sector.Top of
Form” said Mr. Karan Chechi, Research Director of TechSci Research, a
research-based Global management consulting firm.
“Saudi Arabia Power Transmission Lines &
Towers Market Segmented By Product (Transmission Lines, Transmission Towers),
By Current (HVAC, HVDC), By Voltage (69 kV to 130 kV, 131 kV to 220 kV, 221 kV
to 660 kV, >660 kV), By Application (High Tension, Extra High Tension, Ultra
High Tension), By Region, Competition, Forecast and Opportunities, 2020-2030F,” has evaluated the future growth
potential of Saudi Arabia Power Transmission Lines & Towers Market and
provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Saudi Arabia Power Transmission Lines &
Towers Market.
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