Saudi Arabia Electric Motor Market Share, Size, Price Trends And Forecast Report 2017-2022

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Saudi Arabia Electric Motor Market Fostered by
Increasing Power Consumption
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Report Description and Highlights
Report Description
Saudi Arabia Electric Motor Market Fostered by
Increasing Power Consumption The Saudi Arabia
electric motor market has been witnessing a
positive growth. This is due to the increasing
governmental support towards large-scale
investments and establishment of new industries
in the water and power utility sectors. The
latest report by IMARC Group, titled Saudi
Arabia Electric Motor Market Industry Trends,
Share, Size, Growth, Opportunity and Forecast
2017-2022, finds that the Saudi Arabia Electric
Motor market reached a value of more than US 420
Million in 2016. Electric Motor transforms
electrical energy into mechanical energy and is
used for producing linear or rotary force. These
motors can be powered through direct current
sources which include batteries, motor vehicles
and rectifiers and alternating current sources
such as inverters, generators and power grid.
These motors offer numerous advantages such as
durability, high operating life, easy
installation of automated controls and reduced
requirement of labour. Apart from this, they have
low initial cost and do not need any engine oil
maintenance, or fuel and battery
service. Request Sample of the Report
http//www.imarcgroup.com/request?typereportid8
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Report Description and Highlights
Report Description
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Report Description and Highlights
Report Description

• Highlights of the Saudi Arabia electric motor
  market
• Growth of public infrastructure and government
  support for the investment in water and utility
  sectors act as major factors of growth.
• HVAC holds the largest market share in the end
  use industry segment.
• IE2 hold the majority market share, representing
  clear dominance in efficiency segment.
• The growth of the Saudi Arabia electric motor
  market is majorly driven by thriving construction
  sector in the region. Due to inflating incomes
  and rapid urbanisation, there have been heavy
  investments in the transport infrastructure
  including airports, seaports, high-speed rail
  lines and road construction projects. This has,
  in turn, proliferated the demand for electric
  motors in Saudi Arabia. In addition to this,
  rising number of oil rigs and power plants have
  resulted in a surge in the demand for electric
  motors in the country. Moreover, other factors
  such as government policies encouraging the use
  of energy-efficient motors and a high demand for
  AC motors across various industries have also
  bolstered the market growth. As a result, the
  Saudi Arabia electric motor market is further
  expected to reach a value of more than US 595
  Million, exhibiting a CAGR of around 6 during
  2017-2022.
• Read full report _at_ http//www.imarcgroup.com/saud
  i-arabia-electric-motor-market

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Report Description and Highlights
Report Description

• On the basis of efficiency, IE2 currently
  exhibits a clear dominance in the market,
  followed by IE3, IE1 and IE4. Based on end-use
  industry, HVAC represents the largest end-use
  industry on account of extreme climatic
  conditions in the country. It is followed by oil
  and gas, food and beverage, mining, and water and
  utilities. On the basis of application, pumps and
  fans accounts for the majority of the total
  global share, followed by compressors. The
  competitive landscape of the market has also been
  analysed with some of the key players operating
  in the market being ABB, Siemens, WEG Industries,
  NIDEC Corporation and TECO Middle East Electrical
  Machinery Co. Ltd.
• The report by IMARC Group has examined the Saudi
  Arabia electric motor market on the basis of
• Efficiency
• IE2
• IE3
• IE1
• IE4
• End-Use Industry
• HVAC
• Oil and Gas
•  

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Report Description and Highlights
Report Description

• Food and Beverage
• Mining
• Water and Utilities
• Application
• Pumps and Fans
• Compressors
• Key Players
• ABB
• Siemens
• WEG Industries
• NIDEC Corporation
• TECO Middle East Electrical Machinery Co. Ltd.
• Browse more related reports http//www.imarcgroup.
  com/categories/technology-market-reports

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Report Description and Highlights
Report Description

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