Saudi Arabia electric motors market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of advancing end user sector. Growing demands for the heavy machinery and consumer electronics further drive the growth of the Saudi Arabia electric motors market in the upcoming five years. Expanding automotive industry and its growing manufacturing of the automobiles is driven by the surging demand from the consumers for own vehicles, further supports the growth of the Saudi Arabia electric motors market in the next five years since the electric motors are widely utilized in the automotive manufacturing.

An electric motor is an electronic machine that converts the electrical energy into mechanical energy and facilitates the working of the machinery or equipment. Most of the electric motors are functional through an interaction between magnetic field and electric field generated by the electrical energy. Electric current being passed through the electric motor is either AC or DC that alternating current and direct current. Types of electric motors are based on type of electric current passed through them to produce the mechanical energy.

Growing Automotive Industry Promises Market Growth

The electric motors demands are highly dependent on the automotive productions in the country. With growing demands for the vehicles in the country the automotive industry is rapidly expanding. Only passenger cars market value in the country was USD11.33 billion in the year 2020. Through Saudi Vision 2030, the country is anticipating selling over 300,000 by the end of year 2030, counting since 2020. Thus, increasing sales of the automotives in the country would aid the growing demands for the electric motors in the upcoming years, therefore actively driving the growth of the Saudi Arabia electric motors market in the upcoming five years.

Technological Advancements To Drive Market Growth

Consistent advancement in the electrical appliances, growing need to lower the energy consumptions and increase the power generation capacities further drives the growth of the Saudi Arabia electric motors market in the upcoming five years. Emerging technologies such as axial flux, in-wheel, etc., would facilitate the market growth. These technologies are rapidly gaining popularity in the recent equipment, and applications thus substantiating the growth of the Saudi Arabia electric motors market in the next five years.


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Market Segmentation

The Saudi Arabia electric motors market is segmented by type, voltage, end user, rotor type, output power, competitional landscape, and regional distribution. Based on type, the market is differentiated between AC and DC. By voltage, the market is further segmented into up to 1 kV, 1kV-6.6 kV, and above 6.6kV. Based on end user, the market is fragmented into industrial, commercial, residential, transportation, and agriculture. By rotor type, the market is divided between inner and outer rotor. Based on output power, the market is also bifurcated into integral horsepower and fractional horsepower. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Northern & Central Region, Eastern Region, Southern Region, Western Region.

Company Profile

ABB Limited, ARC Systems Inc., Denso Corporation, Emerson Electric Co., Johnson Electric Holdings Limited, Maxon, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation, Inc., Siemens AG, among others is a partial list of major market players of the companies responsible for the growth of Saudi Arabia electric motors market.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         Voltage

·         End User

·         Rotor Type

·         Output Power

Regional scope

Northern & Central Region, Eastern Region, Southern Region, Western Region

Key companies profiled

ABB Limited, ARC Systems Inc., Denso Corporation, Emerson Electric Co., Johnson Electric Holdings Limited, Maxon, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation, Inc., Siemens AG

Customization scope

10% free report customization with purchase. Addition or alteration to country, 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, Saudi Arabia electric motors market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Saudi Arabia Electric Motors Market, By Type:
    • AC
    • DC
  • Saudi Arabia Electric Motors Market, By Voltage:
    • up to 1 kV
    • 1kV-6.6 kV
    • above 6.6kV
  • Saudi Arabia Electric motors Market, By End User:
    • Industrial
    • Commercial
    • Residential
    • Transportation
    • Agriculture
  • Saudi Arabia Electric Motors Market, By Rotor Type:
    • Inner
    • Outer
  • Saudi Arabia Electric Motors Market, By Output Power:
    • Integral Horsepower
    • Fractional Horsepower
  • Saudi Arabia Electric Motors Market, By Region:

o   Northern & Central Region

o   Eastern Region

o   Southern Region

o   Western Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia electric motors market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a 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).

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1.     Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Saudi Arabia Electric Motors Market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia Electric Motors Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (AC, DC)

6.2.2.     By Voltage (up to 1 kV, 1kV-6.6 kV, above 6.6kV)

6.2.3.     By End User (Industrial, Commercial, Residential, Transportation, and Agriculture)

6.2.4.     By Rotor Type (Inner, Outer)

6.2.5.     By Output Power (Integral Horsepower, Fractional Horsepower)

6.2.6.     By Region

6.2.7.     By Company (2021)

6.3.  Product Market Map

7.    Saudi Arabia AC Electric Motors Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Voltage

7.2.2.     By End User

7.2.3.     By Rotor

7.2.4.     By Output Power

7.2.5.     By Region

8.    Saudi Arabia DC Electric Motors Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Voltage

8.2.2.     By End User

8.2.3.     By Rotor

8.2.4.     By Output Power

8.2.5.     By Region

9.    Market Dynamics

9.1.     Drivers

9.2.     Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  Saudi Arabia Economic Profile

13.  Company Profiles

13.1.              ABB Electrical Industries Co. Ltd.

13.2.              WEG Industries

13.3.              Nidec Motor Corporation

13.4.              TECO Middle East

13.5.              Siemens Saudi Arabia

13.6.              TECO Middle East

13.7.              Grundfos Saudi Arabia Company Ltd.

13.8.              KONCAR Generators & Motors

13.9.              Ashoor Electric Motors

14.  Strategic Recommendations

                                                                                                                                         (Note: The companies list can be customized based on the client requirements.)

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com