Saudi Arabia Smart Grid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Saudi Arabia Smart Grid Market Companies and is segmented by Technology Application Area (Transmission, Demand Response, Advanced Metering Infrastructure (AMI), and Other Technology Application Areas)

Saudi Arabia Smart Grid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Saudi Arabia Smart Grid Market Size

Saudi Arabia Smart Grid- Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 3.00 %

Major Players

Saudi Arabia Smart Grid Network Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Saudi Arabia Smart Grid Market Analysis

The Saudi Arabia Smart Grid Network Market is expected to register a CAGR of greater than 3% during the forecast period.

  • Advanced Metering Structure is expected to drive the smart grid network significantly, providing monitoring of bi-directional flow of electricity, owing to increasing grid development.
  • Saudi Arabia plans to deploy 40 GW of solar power capacity and 20 GW of wind and other sources by 2030, which will create vast opportunities for smart grid players in the upcoming period.
  • South Saudi Arabia is aiming to develop and renovate its aging grid infrastructure. To meet the growing electricity demand, the South Saudi Arabian National Energy Development Institute (SANEDI) updated the South Saudi Arabian Smart Grid Initiative in 2017.

Saudi Arabia Smart Grid Industry Overview

The Saudi Arabia smart grid network is partially consolidated. Some of the major companies include General Electric Company, ABB Ltd, CG Power and Industrial Solutions Ltd, Saudi Electricity Company, Honeywell International Inc, and others.

Saudi Arabia Smart Grid Market Leaders

  1. General Electric Company

  2. ABB Ltd

  3. Honeywell International Inc

  4. Saudi Electricity Company SJSC

  5. CG Power and Industrial Solutions Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration-Saudi Arabia Smart Grid Market.png
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Saudi Arabia Smart Grid Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2025
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Technology Application Area
    • 5.1.1 Transmission
    • 5.1.2 Communication Technology
    • 5.1.3 Advanced Metering Infrastructure (AMI)
    • 5.1.4 Other Technology Application Areas

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 CG Power and Industrial Solutions Ltd
    • 6.3.2 General Electric Company
    • 6.3.3 ABB Ltd
    • 6.3.4 Schneider Electric SE
    • 6.3.5 Honeywell International Inc
    • 6.3.6 Saudi Electric Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Saudi Arabia Smart Grid Industry Segmentation

Saudi Arabia smart grid market report include:

Technology Application Area Transmission
Communication Technology
Advanced Metering Infrastructure (AMI)
Other Technology Application Areas
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Saudi Arabia Smart Grid Market Research FAQs

What is the current Saudi Arabia Smart Grid Network Market size?

The Saudi Arabia Smart Grid Network Market is projected to register a CAGR of greater than 3% during the forecast period (2025-2030)

Who are the key players in Saudi Arabia Smart Grid Network Market?

General Electric Company, ABB Ltd, Honeywell International Inc, Saudi Electricity Company SJSC and CG Power and Industrial Solutions Ltd are the major companies operating in the Saudi Arabia Smart Grid Network Market.

What years does this Saudi Arabia Smart Grid Network Market cover?

The report covers the Saudi Arabia Smart Grid Network Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Saudi Arabia Smart Grid Network Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Saudi Arabia Smart Grid Industry Report

Statistics for the 2025 Saudi Arabia Smart Grid Network market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Saudi Arabia Smart Grid Network analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.