How big is the Saudi Arabia Power Market?

The Saudi Arabia Power Market size is expected to reach 87.81 gigawatt in 2024 and grow at a CAGR of 5.80% to reach 116.41 gigawatt by 2029. Read More

What is the current Saudi Arabia Power Market size?

In 2024, the Saudi Arabia Power Market size is expected to reach 87.81 gigawatt. Read More

What years does this Saudi Arabia Power Market cover, and what was the market size in 2023?

In 2023, the Saudi Arabia Power Market size was estimated at 83 gigawatt. The report covers the Saudi Arabia Power Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges facing the Saudi Arabia Power Market?

The major challenges facing the Saudi Arabia Power Market are a) Transitioning from fossil fuels to renewable energy b) Grid integration of variable renewable sources c) Ensuring energy security, managing high per capita power consumption, and balancing supply and demand dynamic Read More

Saudi Arabia Power Market Analysis | Industry Growth, Size & Forecast Report

Saudi Arabia Power Generation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Saudi Arabia Power Generation Market is segmented by Power Generation (Thermal and Renewables) and Power Transmission and Distribution (T&D). The report offers the market size and forecasts in installed capacity (gigawatts) for all the above segments except power transmission and distribution.

Saudi Arabia Power Industry Overview

The Saudi Arabian Power Market is fragmented. Some of the major players operating in this market (in no particular order) include ACWA Power Co., Saudi Electricity Company (SEC) SJSC, MARAFIQ Power and Water Utility Company for Jubail and Yanbu (MARAFIQ), Arabian Electrical Transmission Line Construction Company (AETCON), and Nour Energy (ASTRA Group), among others.