Saudi Arabia Electric Motor Market Growth by Manufacturers, Regions, Type and Application; Production, Revenue, Price and Gross Margin Analysis to 2022

Electric motors are electro-mechanical devices which convert electrical energy to mechanical energy. These motors are integral components of compressors, pumps, fans, disk drives, electric cars, etc. which are further used in the manufacturing, residential, real estate and commercial sectors. Upcoming projects in Saudi Arabia are increasing the demand for electric motors as they are highly efficient, consume low energy, and have a longer operating life and endurance for fluctuating voltages. According to the latest report by, titled “Saudi Arabia Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022”, the Saudi Arabia electric motor market reached a value of US$ 420 Million in 2016.Electric Motor
Electric motors are used as a component in the production of pumps, fans and compressors which are further used in HVAC systems. Due to extreme climatic conditions in the country, the demand for HVAC systems is rising, thereby propelling the growth of the electric motors market. Further, government policies to support the establishment of new industries have resulted in the growth of industrial and infrastructural activities, in turn, contributing to the market growth. Moreover, large-scale investments in the construction activities along with upcoming projects such as NEOM and Saudi Vision 2030 are rising energy requirements, therefore creating a bigger market for electric motors. According to the report, the market is projected to reach a value of nearly US$ 600 Million by 2022, growing at a CAGR of 6% during 2017-2022.

The report has segmented the market on the basis of efficiency in IE2, IE3, IE1 and IE4. Among these, IE2 efficiency motors dominate the market, accounting for the majority of the total share. On the basis of end-use, the HVAC sector is the largest segment, followed by oil and gas, food and beverage, mining, and water and utilities. The market is also segmented on the basis of application, wherein pumps and fans represent the leading market, followed by compressors. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are ABB, Siemens, WEG Industries, NIDEC Corporation and TECO Middle East Electrical & Machinery Co. Ltd.

This report provides a deep insight into the Saudi Arabia electric motor industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up an electric motor manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the electric motor industry in any manner.

To browse the full report click the link below: http://www.marketreportsonsaudiarabia.com/consumer-goods-market-research-reports-4135/saudi-arabia-electric-motor1.html

Key Questions Answered in This Report:
• How has the Saudi Arabia electric motor market performed so far and how will it perform in the coming years?
• What are the key applications in the Saudi Arabia electric motor industry?
• What are the major end-use segments in the Saudi Arabia electric motor industry?
• What are the various stages in the value chain of the Saudi Arabia electric motor industry?
• What are the key driving factors and challenges in the Saudi Arabia electric motor industry?
• What is the structure of the Saudi Arabia electric motor industry and who are the key players?
• What is the degree of competition in the Saudi Arabia electric motor industry?
• What are the profit margins in the Saudi Arabia electric motor industry?
• What are the key requirements for setting up an electric motor manufacturing plant?
• How is electric motor manufactured?
• What are the various unit operations involved in an electric motor manufacturing plant?
• What is the total size of land required for setting up an electric motor manufacturing plant?
• What are the machinery requirements for setting up an electric motor manufacturing plant?
• What are the raw material requirements for setting up an electric motor manufacturing plant?
• What are the packaging requirements for electric motor?
• What are the transportation requirements for electric motor?
• What are the utility requirements for setting up an electric motor manufacturing plant?
• What are the manpower requirements for setting up an electric motor manufacturing plant?
• What are the infrastructure costs for setting up an electric motor manufacturing plant?
• What are the capital costs for setting up an electric motor manufacturing plant?
• What are the operating costs for setting up an electric motor manufacturing plant?
• What will be the income and expenditures for an electric motor manufacturing plant?
• What is the time required to break-even?

To see the related report, click the link below: Motor Market Research Reports

About Company:
Market Reports on Saudi Arabia is a portal where you can access thousands of reports on Saudi Arabia starting from aeronautics to zinc (a-z). We provide you with reports which will help you gain a better understanding of the sectors, companies, new products and latest trends.

Contact us at:
Market Reports on Saudi Arabia
Tel: +91 22 27810772 / 27810773
Email: info@marketreportsonsaudiarabia.com
Website: http://www.marketreportsonsaudiarabia.com
Follow us on: Twitter, Facebook, Linkedin, Google Plus

%d bloggers like this: