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Gcc Electric Motor Market Share, Size, Growth Trends, Opportunity and Forecast 2017-2022

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Get more information about the market: According to the latest report by IMARC Group, titled “GCC Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the GCC electric motor market reached a value of US$ 750 Million in 2016. Request a sample report: Browse more reports on Technology & Media Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

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Title: Gcc Electric Motor Market Share, Size, Growth Trends, Opportunity and Forecast 2017-2022


1

GCC Electric Motor Market Induced by Growth in
End-Use Industries
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
GCC Electric Motor Market Induced by Growth in
End-Use Industries The GCC electric motor
market has been recording a positive growth. This
is due to various advantages offered by electric
motors which include low maintenance, longer
operating life, low energy consumption and high
endurance for fluctuating voltages. The latest
report by IMARC Group, titled GCC Electric Motor
Market Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2017-2022, finds that
the GCC electric motor market reached a value of
more than US 750 Million in 2016. Since the
invention of electricity, electric motors have
brought about the biggest advancements in the
field of engineering and technology. Electric
motors refer to electrical machines which
transform electrical energy into mechanical
energy. These motors can be powered through
direct current sources including motor vehicles,
rectifiers and batteries and alternate current
sources which include inverters, power grid and
generators. Additionally, these motors can be
utilised as generators for converting mechanical
energy into electric power. These motors offer
numerous advantages such as long operating life,
low energy consumption, low maintenance cost and
high endurance for fluctuating voltages. Request
Sample of the Report http//www.imarcgroup.com/re
quest?typereportid873flagB
4
Report Description and Highlights
5
Report Description and Highlights
Report Description
  • Highlights of the GCC electric motor market
  • Expanding industrial sector in the GCC region is
    the primary driving factor.
  • HVAC represents the largest end-use industry,
    accounting for the majority of the market share.
  • Saudi Arabia dominates the market supported by
    increasing exports to other gulf countries.
  • In the GCC region, the prospect for electric cars
    is growing over time due to an increase in oil
    prices which has added to the growth of the GCC
    electric motor market. The market growth has also
    been encouraged by expanding industrial sector,
    growing petrochemical industry, upcoming
    infrastructural projects in the region. Moreover,
    there is also an emerging trend of installation
    of electric motors in place of gas turbines in
    large industrial plants which has, in turn, added
    to the growth. Apart from this, there has been a
    rise in mass-customisation of electric motors
    along with the demand for process and plant
    automation technologies. Owing to the
    aforementioned factors, the GCC electric motor
    market is further expected to reach a value of
    more than US 1,029 Million, exhibiting a CAGR of
    5.4 during 2017-2022.
  • Read full report _at_ http//www.imarcgroup.com/gcc-e
    lectric-motor-market

6
Report Description and Highlights
Report Description
  • On the basis of efficiency, IE2 currently
    exhibits a clear dominance in the market which is
    followed by IE3, IE1 and IE4. Based on end-use
    industry, HVAC represents the largest end-use
    industry of electric motor market. It is followed
    by oil and gas, food and beverage, mining, and
    water and utilities. On the basis of application,
    electric motors are mostly used in pumps and fans
    followed by compressors. Region-wise, Saudi
    Arabia accounts for the majority of the total
    share in GCC as a result of rising exports to
    other gulf countries. Other major regions include
    UAE, Oman, Qatar, Kuwait and Bahrain. 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 GCC
    electric motor market on the basis of
  • Efficiency
  • IE2
  • IE3
  • IE1
  • IE4
  • End-Use Industry

7
Report Description and Highlights
Report Description
  • HVAC
  • Oil and Gas
  • Food and Beverage
  • Mining
  • Water and Utilities
  • Application
  • Pumps and Fans
  • Compressors
  • GCC Region
  • Saudi Arabia
  • UAE
  • Oman
  • Qatar
  • Kuwait
  • Bahrain

8
Report Description and Highlights
  • 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

9
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
10

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