Oman 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 End User (Commercial, Transportation, Residential, Agriculture and Industrial), By Company Forecast & Opportunities, 2017-2027
Published on: 2024-12-09 | No of Pages : 320 | Industry : Power
Publisher : MIR | Format : PDF&Excel
Oman 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 End User (Commercial, Transportation, Residential, Agriculture and Industrial), By Company Forecast & Opportunities, 2017-2027
Oman electric motors market is expected to witness a robust growth over the next five years. The key factors driving the motor market in Oman are increasing demand for electricity from residential and commercial sectors. Besides, increasing replacement of outdated electric motors and high demand for AC motors across various industries such as electronics, textiles, and pulp & paper are propelling the growth of Oman electric motors market. Use of the electrical equipment and machines owing to rapid industrialization and greater demand for higher operating efficiency motors are also positively influencing the growth of Oman electric motors market during the forecast period. Introduction of advanced electric motors with improved low voltage for better efficiency of high-functioning products are anticipated to drive the growth of Oman electric motor market. Moreover, greater demand for HVAC systems in residential and commercial spaces to improve the air quality and ensure comfort are creating need for electric motors, which is expected to drive its market growth in the coming years. Government authorities are adopting initiatives aimed towards decarbonization of society, which is contributing to the increasing adoption of electric cars and advanced battery technologies. This, in turn, is expected to boost the Oman electric motor during the forecast period.
Oman electric motor market is segmented on the basis of type, voltage, end user, company, and region. Based on the voltage, the market is further divided into
Some of the major players operating in Oman Electric Motor are Siemens Limited, Nidec Motor Corporation, CG Power Systems Belgium NV, ATB SCHORCH GmbH, Alfanar Electrical Systems LLC, ABB Electrical Industries Co. Ltd., TECO Middle East Electrical and Machinery Co. Ltd, WEG Middle East FZE, Ashoor Electric Motors Factory, etc.
Objective of the Study
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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
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The study is useful in providing answers to several critical questions that are important for industry stakeholders such as
Attribute |
Details |
Base
Year |
2021 |
Historical
Years |
2017 –
2020 |
Estimated
Year |
2022E |
Forecast
Period |
2023F –
2027F |
Quantitative
Units |
Revenue in
USD Million and CAGR for 2017-2021 and 2022E-2027F |
Report
Coverage |
Revenue
forecast, company share, competitive landscape, growth factors, and trends |
Segments
Covered |
·
Type ·
Voltage ·
End User |
Region
Scope |
MUSCAT, Al-BATINA,
AL-SHARQIYAH, DHOFAR, AL-DAKHLIYA, AL-ZAHIRA, AL-BURAYMI, AL-WUSTA, MUSANDAM |
Key
Companies Profiled |
Siemens
Limited, Nidec Motor Corporation, CG Power Systems Belgium NV, ATB SCHORCH
GmbH, Alfanar Electrical Systems LLC, ABB Electrical Industries Co. Ltd.,
TECO Middle East Electrical and Machinery Co. Ltd, WEG Middle East FZE,
Ashoor Electric Motors Factory. |
Customization
Scope |
10% free
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segment scope. |
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and Purchase Options |
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Format |
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provide the editable version of the report in PPT/Word format on special
request) |