This opportunity entails setting up an assembly plant for Arc-fault and Ground-fault circuit interrupters.
KSA has massive plans to increase transmission capacity, amounting to ~69,000 Ckt km of high voltage lines and ~250,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~69,000 Ckt km for high voltage lines and ~219,000 MVA for high voltage substations (cumulative 2017 – 2030).
Beyond KSA, major regional capacity additions are planned to service the double-fold regional demand growth. Plans to increase regional transmission capacity beyond KSA amount to ~259,000 Ckt km of high voltage lines and ~775,000 MVA of high voltage substations (cumulative 2017 – 2030). Similarly, planned additional distribution capacity to amount to ~1.9 million Ckt km for high voltage lines and ~819,000 MVA for high voltage substations (cumulative 2017 – 2030).
The KSA interrupters market is estimated at USD 83 million in 2017 and is expected to grow at a CAGR of 3%, to reach a value of USD 117 million by 2030.
With forecasted market growth, multiple opportunities exist to localize the interrupters production value chain. The main focus of this opportunity is on the assembly of interrupters:
- Assembly: combined assembly of copper parts, PCB assembly, electrical and electronic components
However, opportunities also exist in interrupters manufacturing and testing,
- Manufacturing: pressing, forming and winding of copper parts, spot welding, injection molding of plastics, printing, out working, PCB assembling, dipping
- Testing: inspection, testing for short circuit, voltage testing, quality tests
Sector