Saudi Arabia Power Cables Market Value to Reach USD 2,678.29 Million by 2033, CAGR 4.97%

Saudi Arabia Power Cables Market Overview

Market Size in 2024: USD 1,730.90 Million

Market Size in 2033: USD 2,678.29 Million

Market Growth Rate 2025-2033: 4.97%

According to IMARC Group's latest research publication, "Saudi Arabia Power Cables Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The Saudi Arabia power cables market size reached USD 1,730.90 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 2,678.29 Million by 2033, exhibiting a CAGR of 4.97% during 2025-2033.

How AI is Reshaping the Future of Saudi Arabia Power Cables Market

● Smart Grid Integration and Management: AI-powered smart grid systems are revolutionizing power cable networks in Saudi Arabia, with automation hitting 32% and growing rapidly. These systems enable real-time monitoring, predictive maintenance, and automated fault detection, reducing downtime by up to 25% while optimizing energy distribution across NEOM's high-voltage smart grid infrastructure.

● Predictive Maintenance and Asset Management: Advanced AI algorithms are transforming cable maintenance practices through predictive analytics, enabling utilities to identify potential cable failures before they occur. This technology reduces maintenance costs by 20-30% and extends cable lifespan while ensuring uninterrupted power supply to critical infrastructure projects under Vision 2030.

● Renewable Energy Integration Optimization: AI-driven systems are facilitating seamless integration of renewable energy sources into the national grid, with Saudi Arabia targeting 50% renewable electricity by 2030. Machine learning algorithms optimize power flow from solar and wind farms, requiring specialized high-voltage cables capable of handling intermittent energy sources and grid balancing requirements.

● Intelligent Cable Design and Manufacturing: AI-enhanced design processes are optimizing cable specifications for extreme desert conditions, improving heat resistance and durability. Machine learning models analyze environmental data to develop cables with superior insulation properties and longer service life, supporting mega-projects like NEOM's 100% renewable energy system.

● Enhanced Quality Control and Testing: Automated AI-powered quality inspection systems are ensuring power cables meet international standards and Vision 2030 sustainability requirements. These systems use computer vision and machine learning to detect manufacturing defects with 99.5% accuracy, ensuring reliable performance in critical applications across smart city developments.

Grab a sample PDF of this report: https://www.imarcgroup.com/saudi-arabia-power-cables-market/requestsample

Saudi Arabia Power Cables Market Trends & Drivers:

Saudi Arabia's power cables market is experiencing robust growth driven by massive infrastructure development under Vision 2030, with the Kingdom's ambitious giga-projects creating unprecedented demand for advanced power transmission solutions. The government's transformative mega-developments, including NEOM, The Line, Red Sea Project, and Qiddiya, require extensive high-voltage underground and overhead power cable networks to support cutting-edge smart city technologies, renewable energy integration, and modern transportation systems. These projects span enormous geographical distances and incorporate sophisticated urban infrastructure like airports, hospitals, metro lines, and commercial centers, driving sustained demand across all voltage categories and installation types.

The rapid expansion of renewable energy initiatives is fundamentally reshaping the power cables landscape, with Saudi Arabia targeting 58.7 GW of renewable energy capacity by 2030 through the National Renewable Energy Program (NREP). Major renewable projects like the Sakaka PV Solar Power Plant, Dumat Al Jandal Wind Farm, and Sudair Solar Project require specialized power cables capable of handling intermittent and decentralized energy sources in challenging desert environments. This renewable energy integration demands high-insulation, heat-tolerant cables for long-distance transmission to grid stations, creating significant opportunities for extra-high voltage (EHV) and high-voltage direct current (HVDC) cable solutions.

Smart grid modernization is accelerating market growth, with Saudi Arabia's smart grid automation reaching 32% and expanding rapidly to support the Kingdom's goal of generating 50% of electricity from renewables by 2030. ENOWA's high-voltage smart grid blueprint for NEOM exemplifies this trend, incorporating IoT sensors, AI-powered management systems, and advanced cable technologies for real-time energy monitoring and distribution. The integration of 5G infrastructure, with over 75% of NEOM's infrastructure featuring 5G connectivity, is driving demand for specialized telecommunications cables alongside traditional power cables, supporting smart grid operations, autonomous transportation systems, and comprehensive urban services management.

Saudi Arabia Power Cables Industry Segmentation:

The report has segmented the market into the following categories:

Installation Insights:

● Overhead

● Underground

● Submarine Cables

Voltage Insights:

● High

● Medium

● Low

Material Insights:

● Copper

● Aluminum

End-Use Sector Insights:

● Power

● Oil & Gas

● Chemical

● Manufacturing

● Metals & Mining

● Infrastructure

● Transportation

● Others

Breakup by Region:

● Northern and Central Region

● Western Region

● Eastern Region

● Southern Region

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=34191&flag=E

Recent News and Developments in Saudi Arabia Power Cables Market

● March 2025: ENOWA unveiled NEOM's high-voltage smart grid blueprint incorporating IoT and AI technologies for sustainable energy management, with the system designed to handle 100% renewable energy and support autonomous electric vehicle infrastructure coming online in 2025.

● August 2025: Vision 2030 smart city mega-projects accelerated development with over 75% of NEOM's infrastructure featuring 5G integration, creating substantial demand for specialized power and telecommunications cables to support real-time data handling and smart grid operations.

● January 2025: Saudi Arabia's electricity sector, with 90 GW installed capacity, advanced its decarbonization goals targeting a 55% reduction in emissions by 2030, requiring extensive modernization of power transmission infrastructure and specialized cable solutions for renewable energy integration.

Competitive Landscape:

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

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: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302