New Market Report Now Available: Electrical Equipment for Engines and Vehicles in Saudi Arabia: Industrial Report
Market sales rise by 83% since 2007 while the share of investment purchases gradually declines since 2009. Some 20% of total production is imported in 2012 in which other electrical equipment dominates. Equipment for engines and vehicles generates 59% of the industry's turnover while the sound and visual signalling products category grows the fastest. Exports shrink by 11% since 2007 while profit margins rise to 37% of turnover in 2012. Growth of 10% in total turnover is projected over 2013-2018...
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