Kuwait 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

Kuwait electric motors market is projected to grow at a CAGR of over 5%, in value terms, during 2022-2027. Increasing power demand, growing industrialization, improving commercial and residential infrastructure, growing penetrations of eco-friendly material, need for flexibility in product manufacturing and facilitates are some factors, that will propel the growth of Kuwait electric motors over the next five years. Kuwait electric motors market is anticipated to have a constant growth owing to factors such as rising penetration of HVAC applications, growing demand for fuel-efficient transportation and increasing demand from various end-user across the world. Market for >1Hp motors is anticipated to register highest growth rate from 2021-2027, considering the growth in the market would be surged by various end-users such as per & pulp, chemicals, wastewater, and construction among others.

Some of the major players operating in Kuwait Electric Motor are ABB Electrical Industries Co. Ltd., Siemens Limited, Nidec Motor Corporation, CG Power Systems Belgium NV, ATB SCHORCH GmbH, Alfanar Electrical Systems LLC, TECO Middle East Electrical and Machinery Co. Ltd, WEG Middle East FZE, Ashoor Electric Motors Factory, Saudi French Company etc.

Objective of the Study:

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

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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of electric motor market manufacturers operating in Kuwait. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings, distribution channels, and regional presence of all major companies of Kuwait electric motor.

TechSci Research calculated the market size for Kuwait electric motor market using a bottom-up technique, wherein manufacturers value data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience

• Electric motors manufacturers.
• Electric motor equipment manufacturers
• Energy Association
• Environment Association
• Research organizations and consulting companies.
• Associations, organizations, forums and alliances related to electric motors manufacturing.
• Industry associations
• Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as electric motors market manufacturer, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Kuwait Electric Motor Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by Type:
• AC Motors
• DC Motors
• Market, by Voltage:
• < 1 kV (Low)
• 1 kV–6.6 kV (Medium)
• > 6.6 kV (High)
• Market, by End Users:
• Commercial
• Transportation
• Residential
• Agriculture
• Industrial
• Market, by Region:
• Al Asimah
• Al Farwaniya
• Hawalli
• Al Ahmadi
• Rest of Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Kuwait electric motor market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what, you are looking for, please get in touch with our custom research team at [email protected]

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