Apr 15, 2019   SOURCE: BusinessWire

Saudi Arabia's Electric Motor Market to 2024 - A ~$738 Million Opportunity with IE2 Efficiency Motors Dominating - ResearchAndMarkets.com

The "Saudi Arabia Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

According to the report, the Saudi Arabia electric motor market reached a value of US$ 441.3 Million in 2018. The market is projected to reach a value of US$ 737.9 Million by 2024, growing at a CAGR of 9.8% during 2019-2024.

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.

The report has segmented the market on the basis of efficiency in IE1, IE2, IE3 and IE4. Amongst these, IE2 efficiency motors dominate the market, accounting for the majority of the total share.

On the basis of application, 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 end-use, 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.

Key Questions Answered

  • 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 market?
  • What are the major end-use segments in the Saudi Arabia electric motor market?
  • 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?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Electric Motor Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Product Type

5.4 Market Breakup by Region

5.5 Market Breakup by Application

5.6 Market Forecast

6 Global Low Voltage Electric Motor Market

6.1 Market Overview

6.2 Market Performance

6.3 Market Breakup by Power Rating

6.4 Market Breakup by Efficiency

6.5 Market Breakup by Application

6.6 Market Breakup by End Use

6.7 Market Breakup by Region

6.8 Market Forecast

7 GCC Low Voltage Electric Motor Market

7.1 Market Overview

7.2 Market Performance

7.3 Market Breakup by Power Rating

7.4 Market Breakup by Efficiency

7.5 Market Breakup by Application

7.6 Market Breakup by End Use

7.7 Market Breakup by Region

7.8 Market Forecast

8 Saudi Arabia Low Voltage Electric Motor Market

8.1 Market Overview

8.2 Market Performance

8.3 Market Breakup by Power Rating

8.4 Market Breakup by Efficiency

8.5 Market Breakup by Application

8.6 Market Breakup by End Use

8.7 Market Forecast

8.8 SWOT Analysis

8.9 Value Chain Analysis

8.10 Porters Five Forces Analysis

8.11 Price Analysis

8.12 Key Market Drivers and Success Factors

9 Saudi Arabia Electric Motor (Low Voltage) Market: Performance by Efficiency

9.1 Standard Efficiency Electric Motors

9.2 High Efficiency Electric Motors

9.3 Premium Efficiency Electric Motors

9.4 Super Premium Efficiency Electric Motors

10 Saudi Arabia Electric Motor (Low Voltage) Market: Performance by Application

10.1 HVAC

10.2 Oil and Gas

10.3 Food, Beverage and Tobacco

10.4 Mining

10.5 Water and Utilities

10.6 Others

11 Saudi Arabia Electric Motor (Low Voltage) Market: Performance by End-Use

11.1 Pumps and Fans

11.2 Compressors

11.3 Other Uses

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

13 Electric Motor Manufacturing Process

13.1 Product Overview

13.2 Detailed Process Flow

13.3 Various Types of Unit Operations Involved

13.4 Mass Balance and Raw Material Requirements

14 Project Details, Requirements and Costs Involved

14.1 Land Requirements and Expenditures

14.2 Construction Requirements and Expenditures

14.3 Plant Layout

14.4 Plant Machinery

14.5 Machinery Pictures

14.6 Raw Material Requirements and Expenditures

14.7 Packaging Requirements and Expenditures

14.8 Utilities Requirements and Expenditures

14.9 Manpower Requirements and Expenditures

14.10 Other Capital Investments

15 Loans and Financial Assistance

16 Project Economics

16.1 Capital Cost of the Project

16.2 Techno-Economic Parameters

16.3 Product Pricing and Margins Across Various Levels of the Supply Chain

16.4 Taxation and Depreciation

16.5 Income Projections

16.6 Expenditure Projections

16.7 Financial Analysis

16.8 Profit Analysis

17 Key Player Profiles

For more information about this report visit https://www.researchandmarkets.com/r/pnovo8