Saudi Arabia Motor Control Center Market is anticipated to grow robustly in the forecast
period 2024-2028. The Saudi Arabia market for motor
control centers has seen a rise in demand due to the increased level of
automation in the manufacturing sectors caused by technological development. Motion
control centers are assemblies that centrally control some or all electric
motors. These motion control centers comprise many enclosed parts connected by
a common power bus. Combination starters, which are made up of motor starters,
circuit breakers, or fuses, are found in each of these parts.
The growing demand for industrial
automation in developed Saudi Arabia and the advantages offered by
conventional motor control centers, such as a high level of protection, easy
expansion and adjustment, fast and smooth maintenance, and improved reliability
and operability, are the main factors driving demand for conventional motor
control centers during the forecast period. The demand for the commodity is
anticipated to rise as more companies, including those in the automotive,
electronics, and biotechnology sectors, embrace motorized automation, which has
benefits including reducing idle time.
Increased Automation Adoption in
Developing Economies to Support Market Expansion
The growing use of intelligent motor control
centers, which provide various functions, including loss detection, diagnostic
tools, and preventative maintenance features, is the key factor driving the
market. The motor control centers offer an efficient method for managing
electric motors across the chemical production facility from a single location,
in a number of companies, including plastic, rubber, and chemical &
industrial gases that entail continuous manufacturing processes.
Relays, circuit breakers, and variable
speed drivers are the components of the motor control center, which is simple
to use. Due to the development of technology and automation, there is a rising
need for smart devices such as intelligent motor control centers. It includes some
appealing characteristics that may offer greater protection and improved
communication, including precise control, remote control, faster reaction time,
and many more. Consequently, demand and growth in motor command centers would
probably increase in the future.
Government Policies Helping in
Encouraging Energy Savings Across Industries
The primary drivers of the market's
expansion are the rising trend of industrial automation and expanding power
generation capacity. Implementing MCCs has been greatly accelerated by
initiatives to update the current power infrastructure to fulfill
the energy requirements. Additionally, energy suppliers are focusing more
on creating a consistent power supply and optimizing safety in the distribution
and transmission networks. Intelligent MCCs also expand the market since they
provide real-time monitoring capabilities, enable predictive maintenance, and
help with enhanced electronic system diagnostics.
Additionally, the introduction of MCCs
that support the Internet of Things (IoT) has propelled manufacturers to create
sophisticated control modules and include smart devices in medium voltage
variants. Additional factors, such as other technology developments, adopting
loss-detecting features, and quick urbanization, are also anticipated to fuel the
market growth.
Leveraging energy-saving standards in
organizations and manufacturing facilities is a constant goal of regulatory
agencies and efforts supported by the government. The government has undertaken
a few initiatives, including tightening regulations on machinery, promoting
energy management in industries, enhancing operational effectiveness, and
putting the infrastructure in place for using electric and alternative fuel
vehicles and retrofitting existing structures.
The Decline in Oil and Gas Investments
Restraining the Market Growth
The oil and gas sector is a primary
end-customer industry for motor control centers. However, the decline in oil
and gas investments brought on by falling crude oil prices may limit the Saudi
Arabia market for motor control centers. Installing motor control centers
might be difficult since it initially needs significant capital expenditures. The
increased crude oil production from the US and OPEC nations like Saudi Arabia
and the easing of sanctions against Iran in 2016 may be to responsible for the
decline in crude oil prices. As a result, investment in the oil and gas sector
has decreased, which is anticipated to limit the need for motor control.