Localization Of Smart Electricity Meters Production

OVERVIEW

This opportunity entails setting up a manufacturing / assembly plant for smart electricity meters.

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 smart meter market is estimated at USD 26 million in 2017 and is expected to grow at a CAGR of 14%, to reach a value of USD 142 million by 2030.

With forecasted market growth, multiple opportunities exist to localize the smart electricity meter production value chain. The main focus of this opportunity is on manufacturing and assembly of smart electricity meters:

  • Manufacturing: PCB making , SMT chip processing, wave soldering, reflow soldering, mounting components, passive components manufacturing, specialized washing, manual soldering
  • Assembly: pre-assembly, inspection, final assembly

However, opportunities also exist in smart electricity meter testing which includes,

  • Error calibration, creeping test, basic function test, calibration, ageing process

 

 

 

Opportunity Highlights

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