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 Besides, increasing replacement of outdated electric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 < 1 kV (Low), 1 kV–6.6 kV (Medium) and
> 6.6 kV (High). The < 1 kV (low) electric motor segment
dominates the market followed by 1 kV–6.6 kV, and > 6.6 kV electric motor
segments and is expected to maintain its dominance over the next five years as
well.
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:
·
To analyze and forecast the market size of Oman electric motor market,
in terms of value.
·
To classify and forecast Oman electric motor market based on motor type,
voltage, end users and regional distribution.
·
To identify drivers and challenges for Oman electric motor market.
·
To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Oman electric Motor market.
·
To conduct the pricing analysis for Oman electric motor market.
·
To identify and analyze the profile of leading players involved in the supply
of Oman 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 Oman. 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 Oman electric motor.
TechSci Research calculated the market size for Oman 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.
|
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
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Oman electric motor Market has been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
- Oman electric motor Market, by Type:
- Oman electric motor Market, by Voltage:
- < 1 kV (Low)
- 1 kV–6.6 kV (Medium)
- > 6.6 kV (High)
- Oman electric motor Market, by End
Users:
- Commercial
- Transportation
- Residential
- Agriculture
- Industrial
- Oman electric motor Market, by
Region:
o MUSCAT
o Al-BATINA
o AL-SHARQIYAH
o DHOFAR
o AL-DAKHLIYA
o AL-ZAHIRA
o AL-BURAYMI
o AL-WUSTA
o MUSANDAM
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Oman 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.
It is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at
[email protected]