Saudi Arabia Electric Motor Market By Type (AC Motors and DC Motors), By Voltage (< 1 kV (Low), 1 kV–6.6 kV (Medium) and > 6.6 kV (High)), By Output Power (< 1 hp (Fractional Horsepower) and > 1 hp (Integral Horsepower)), By End-User (Industrial, Commercial, Residential, Transportation and Agriculture), By Region, Competition, Forecast & Opportunities, 2017-2027

Saudi Arabia electric motor market is projected to grow at a significant period during the forecast period. The market growth can be attributed to the rapid transition towards energy-efficient motors and increasing application of motor-driven household appliances. Besides, continuously expanding automotive sector and high demand for AC motors across various industries are fuelling the growth of Saudi Arabia electric motor market. Increase in electricity consumption and growing use of electrical equipment and machines are positively impacting the growth of Saudi Arabia electric motor market. Various end-user industries such as electronics, textiles, and pulp & paper are leveraging electric motors to offer high-functioning products, stimulating the demand for electric motors. Increased demand for heating, ventilation, and air conditioning (HVAC) systems and transition of the automotive industry towards electric vehicles and growing robotic technology are expected to aid the growth of Saudi Arabia electric motors market.

Saudi Arabia electric motor market is segmented on the basis of type, voltage, output power, end-user, region, company, and region. Based on the type, AC motors category is projected to witness a healthy growth rate in the Saudi Arabia electric motor market throughout the forecast period. Based on voltage, < 1 kV (Low) category is projected to witness a positive growth in the market for electric motors in Saudi Arabia throughout the forecast period. In terms of end-user, Saudi Arabia electric motor market is categorized into industrial, commercial, residential, transportation and agriculture. The industrial sector is predicted to keep on witnessing healthy growth during the forecast period. Also, the residential sector is expected to keep on boosting the electric motor market in Saudi Arabia during the forecast period.

Some of the major players operating in Saudi Arabia electric motor market

Objective of the Study

• To analyze and forecast the market size of Saudi Arabia electric motor market, in terms of value and volume.
• To classify and forecast Saudi Arabia electric motor market based on type, voltage, output power, end-user and regional distribution.
• To identify drivers and challenges for Saudi Arabia electric motor market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions etc. in Saudi Arabia electric motor market.
• To conduct the pricing analysis for Saudi Arabia electric motor market.
• To identify and analyze the profile of leading players involved in Saudi Arabia electric motor market.

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To perform the study, Market insights research conducted primary as well as exhaustive secondary research. Initially, Market insights research prepared an exhaustive list of

Market insights research calculated the market size for

Key Target Audience

• Electric motor manufacturers and stakeholders.
• Electric motor equipment manufacturers
• Electric motor component supplier and distributors
• Electric and hybrid vehicle manufacturers
• Research organizations and consulting companies.
• Associations, organizations, forums and alliances related to electric motor.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as