
Saudi Arabia Smart Grid Network Market Growth, Size, Trends, Share, Demand and Future Outlook
Saudi Arabia Smart Grid Network Market Size- By Solution, By Services- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Published: Feb-2024 | Report ID: IACT2435 | Pages: 1 - 103 | Formats*: |
Category : Information & Communications Technology |
- 2018: Saudi Arabia produced a lot more electricity in 2018, and this trend is probably going to continue. With electricity generation rising from 333 TWh in 2014 to 383 TWh in 2018, there is a greater need for smart metres and a smart grid. The need for smart metres and smart grids has increased due to new power plants and grid networks. Saudi Arabia is upgrading the energy system and reducing transmission and distribution losses by investing in sophisticated metering equipment. The AMI market is therefore expected to grow during the forecast period.
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Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Solution, By Services |
Regions covered | Eastern Region, Northern and Central Region, Southern Region, Western Region |
Companies Covered | ABB Ltd., Advanced United Systems Co. Ltd., Alfanar Group, Alstom SA, CG Power and Industrial Solutions Ltd., General Electric Company, Honeywell International Inc., Saudi Electricity Company SJSC, Schneider Electric SE, Others |
- Environmental organizations and advocacy groups
- Industrial and commercial sectors
- Research institutions and academia
- Residential consumers
- Technology vendors and solution providers
- Utility companies and energy providers
- Others
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By Services: |
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- Saudi Arabia Smart Grid Network Market Size (FY’2024-FY’2033)
- Overview of Saudi Arabia Smart Grid Network Market
- Segmentation of Saudi Arabia Smart Grid Network Market By Solution (Advanced Metering Infrastructure, Billing and Customer Information System, Geographic Information System, Grid Asset Management, Smart Grid Communication, Smart Grid Distribution Management)
- Segmentation of Saudi Arabia Smart Grid Network Market By Services (Consulting, Deployment and Integration, Support and Maintenance)
- Statistical Snap of Saudi Arabia Smart Grid Network Market
- Expansion Analysis of Saudi Arabia Smart Grid Network Market
- Problems and Obstacles in Saudi Arabia Smart Grid Network Market
- Competitive Landscape in the Saudi Arabia Smart Grid Network Market
- Impact of COVID-19 and Demonetization on Saudi Arabia Smart Grid Network Market
- Details on Current Investment in Saudi Arabia Smart Grid Network Market
- Competitive Analysis of Saudi Arabia Smart Grid Network Market
- Prominent Players in the Saudi Arabia Smart Grid Network Market
- SWOT Analysis of Saudi Arabia Smart Grid Network Market
- Saudi Arabia Smart Grid Network Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1.1. Scope of the report1.2. Market segment analysis
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Saudi Arabia Smart Grid Network Market
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6.1. Saudi Arabia Smart Grid Network Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Saudi Arabia Smart Grid Network Market
7.1. Saudi Arabia Smart Grid Network Market Value Share and Forecast, By Solution, 2024-20337.2. Advanced Metering Infrastructure7.3. Billing and Customer Information System7.4. Geographic Information System7.5. Grid Asset Management7.6. Smart Grid Communication7.7. Smart Grid Distribution Management
8.1. Saudi Arabia Smart Grid Network Market Value Share and Forecast, By Services, 2024-20338.2. Consulting8.3. Deployment and Integration8.4. Support and Maintenance
9.1. Saudi Arabia Smart Grid Network Market Size and Market Share
10.1. Saudi Arabia Smart Grid Network Market Size and Market Share By Solution (2020-2026)10.2. Saudi Arabia Smart Grid Network Market Size and Market Share By Solution (2027-2033)
11.1. Saudi Arabia Smart Grid Network Market Size and Market Share By Services (2020-2026)11.2. Saudi Arabia Smart Grid Network Market Size and Market Share By Services (2027-2033)
12.1. Saudi Arabia Smart Grid Network Market Size and Market Share By Region (2020-2026)12.2. Saudi Arabia Smart Grid Network Market Size and Market Share By Region (2027-2033)12.3. Eastern Region12.4. Northern and Central Region12.5. Southern Region12.6. Western Region
13.1. ABB Ltd.
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2. Advanced United Systems Co. Ltd.
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3. Alfanar Group
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4. Alstom SA
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5. CG Power and Industrial Solutions Ltd.
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6. General Electric Company
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7. Honeywell International Inc.
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8. Saudi Electricity Company SJSC
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9. Schneider Electric SE
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10. Others
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
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