Saudi Arabia Semiconductor Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 5.90% (2025-2033)

The semiconductor market in Saudi Arabia is poised for rapid growth, driven by government initiatives, increasing demand for advanced technologies, and investments in local manufacturing and research. According to the latest report by IMARC Group, Saudi Arabia semiconductor market size reached USD 6.2 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.1 Billion by 2033, exhibiting a growth rate (CAGR) of 5.90% during 2025-2033.

Saudi Arabia Semiconductor Industry Trends and Drivers:

Saudi Arabia is investing heavily in the semiconductor industry. This is part of its strategic goal to reduce oil dependence. The government’s Vision 2030 program is key to this effort. It promotes advanced technology sectors, including semiconductors, to boost industrial competitiveness. The demand for electronic devices is rising, especially in telecommunications, automotive, and consumer electronics. This trend drives market growth. Additionally, the push for digital transformation and Industry 4.0 technologies requires strong semiconductor infrastructure. Investments in research and development are improving advanced semiconductor materials and manufacturing methods. Collaborating with international semiconductor firms and research institutions helps with technology transfer and knowledge sharing. Lastly, the growing need for semiconductors in defense and aerospace also boosts market dynamics.

Government support for semiconductor factories and design centers attracts foreign investment. It also boosts local production. The demand for semiconductor solutions boosts growth in renewable energy and smart city projects. Also, the rise of AI and IoT technologies increases the need for advanced semiconductor components. Focusing on local talent in semiconductor design and manufacturing enhances workforce skills. More investments in telecom infrastructure, like 5G networks, raise the need for communication semiconductors. Government initiatives that support innovation and entrepreneurship in the semiconductor sector help the market expand.

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Saudi Arabia Semiconductor Industry Segmentation:

The report has segmented the market into the following categories:

Components Insights:

1. Memory Devices

2. Logic Devices

3. Analog IC 

4. MPU

5. Discrete Power Devices

6. MCU

7. Sensors

8. Others

Material Used Insights:

1. Silicon Carbide

2. Gallium Manganese Arsenide

3. Copper Indium Gallium Selenide

4. Molybdenum Disulfide

5. Others 

End User Insights:

1. Automotive

2. Industrial

3. Data Center

4. Telecommunication

5. Consumer Electronics

6. Aerospace and Defense

7. Healthcare

8. Others

Breakup by Region:

1. Northern and Central Region

2. Western Region

3. Eastern Region

4. Southern Region

Competitive Landscape:

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

Key highlights of the Report:

1. Market Performance (2019-2024)

2. Market Outlook (2025-2033)

3. COVID-19 Impact on the Market

4. Porter’s Five Forces Analysis

5. Strategic Recommendations

6. Historical, Current and Future Market Trends

7. Market Drivers and Success Factors

8. SWOT Analysis

9. Structure of the Market

10. Value Chain Analysis

11. Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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.

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