This opportunity entails developing the value chain for the production of electrical fuses to serve KSA and the broader GCC region.
The overall demand for electrical fuses in Saudi Arabia has been growing, estimated at USD 25 million. Driven by utilities, oil and gas and other manufacturing industries, KSA demand is forecasted to increase at an annual growth rate of 4% to reach USD 30 million by 2022. Demand for electrical fuses is 80% for Medium Voltage and 20% for Low Voltage and the remaining for other types. The split is expected to remain relatively the same till 2022.
Beyond the KSA market, investors in Saudi have the opportunity to tap into the large regional market in the GCC, with expected increase in demand from USD 21 million in 2018 to USD 25 million by 2022. KSA market demand is expected to be ~55% the overall GCC demand for electric fuses.
The focus of this opportunity is on final manufacturing and components manufacturing of electrical fuses. These opportunities entail:
- Components manufacturing: establish manufacturing facilities for metal based fuse element, conductors, wire holder, strickers, insulators…
- Final manufacturing and testing: establish facilities for final manufacturing of low voltage fuses
- Final manufacturing and testing: establish facilities for final manufacturing of medium voltage fuses made to final customer specifications
- Final manufacturing and testing: establish world scale testing facilities for fuses
However, there are additional opportunities across the electrical fuses manufacturing value chain. Opportunities include:
- Design: Custom engineering fuses for medium voltage applications
- Input materials: manufacture copper, aluminum and to meet KSA's specifications
Industrial and Manufacturing
Industrial Equipment & Spare Parts
To be determined by the investor
To be assessed by investor (cost drivers and other financial figures to be shared upon request)
Open to starting the project as soon as possible
- Pure private sector model
- Joint venture with local player
Contact Our Manufacturing of electrical fuses Expert
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