UAE Energy Efficient Motor Market

Energy efficient motor is a device that converts electrical energy into mechanical energy. Energy-efficient motor provides high tolerance, low energy consumption, long operating life and has lower maintenance costs as compared to the traditional motors. It is observed that the transition of motors into energy-efficient motors reduces the energy demand by more than 10 percent. The energy-efficient motor is used widely across numerous sectors, such as industrial, commercial, and residential sectors.

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The major factors responsible for the growth of the energy efficient motor market in UAE include the increasing need to reduce energy consumption and the growing focus of the UAE government towards energy efficiency. In past years, energy efficiency was a major challenge for UAE government due to economic activities, population growth, and high consumption rates. In order to eliminate such challenges, the Energy Working Group of UAE-U.K. Business Council held a forum to discuss potential solutions. The primary focus of the government is toward three areas, including smart cities, building efficiency, and water desalination. Therefore, the rising focus of the UAE government toward energy efficiency would boost the growth of the energy efficient motor market in UAE as these motors are featured with superior quality and enhanced manufacturing techniques. It usually has higher service factors, longer durability, less vibration, lower waste heat output, which increases the reliability of the overall product.

Increasing technical advancements in the region is the key trend observed in UAE energy efficient motor market. In addition to this, several industries in the region are integrating energy-efficient motor system in multiple equipment as it reduces electricity demand. All these factors will further surge the demand of the market over the coming years.

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On the basis of efficiency level, the market is segmented into IE4, IE3, IE2, IE1. IE4 would register faster growth during the forecast period as it provides high power at all electricity loads, runs at synchronous speed, and reduces the life cycle cost of motor. All these benefits are not obtained from IE3, IE2, and IE1, which results in a higher demand for IE4 in the UAE energy efficient motor market during the forecast period.

On the basis of type, the DC motor would witness a faster CAGR over the forecast period as DC motors are used for flexible velocity control applications in gadgets, equipment, electronic toys, and other types of equipment. Moreover, the growing popularity of multiple car features such as motorized seats, sunroofs, and adjustable mirrors is increasing the demand for brushless DC motors.

Based on application, the market is bifurcated into HVAC, fans, pumps, compressors, refrigeration, material handling, and material processing. Among them, the HVAC segment would observe a higher CAGR during the forecast period. This is due to the rising awareness about the benefits of ventilation, energy-efficient heating, and air conditioning equipment in the region.

On the basis of vertical, the market is bifurcated into industrial, commercial building, residential, automotive, material handling, and material processing. The industrial segment is expected to dominate the market during the forecast period. This is due to the increasing adoption of energy-efficient motors among various industries in the region such as oil and gas, water, energy and power, and others.

The key players of UAE Energy Efficient Motor market include ABB, Siemens AG, General Electric Company, Schneider Electric, Nidec Motor Corporation, Rockwell Automation Inc, CG Power, and Industrial Solutions Limited, Bosch Rexroth AG, Kirloskar Electric Motors, and Honeywell International, Inc.

Key Developments

• • In March 2018, ABB introduced a remote service center in Dubai, UAE. These are ABB’s first service centers for energy saving variable speed drive solutions. The center will provide 24*7 access to information and support for predictive condition and maintenance monitoring of drivers.

The UAE Energy Efficient Motor market has been segmented on the basis of Efficiency Level, Type, Application and Vertical. Based on efficiency, the market is segmented into level IE4, IE3, IE2, IE1. Based on type, the market is segmented into AC Motors, DC Motors. Based on application, the market is segmented into HVAC, Fans, Pumps, Compressors, Refrigeration, Material Handling, Material Processing. Based on vertical, the market is segmented into Industrial, Commercial Building, Residential, Automotive, Aerospace and Defense, Agriculture.

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Key questions answered in this research report:

• • At what pace is the UAE Energy Efficient Motor market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in the UAE Energy Efficient Motor market? What will be the impact of drivers and restraints in the future?
  • What are the various application areas of the UAE Energy Efficient Motor market, and how are they poised to grow?
  • Which Vertical generated maximum revenues in 2019 and identify the most promising Vertical during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

UAE Energy Efficient Motor Market by Efficiency Level

• • IE4
  • IE3
  • IE2
  • IE1

UAE Energy Efficient Motor Market by Type

• • AC Motors
  • DC Motors

UAE Energy Efficient Motor Market by Application

• • HVAC
  • Fans
  • Pumps
  • Compressors
  • Refrigeration
  • Material Handling
  • Material Processing

UAE Energy Efficient Motor Market by Vertical

• • Industrial
  • Commercial Building
  • Residential
  • Automotive
  • Aerospace and Defense
  • Agriculture

Leading Market Players (Option: As a part of the free 25% customization – Profiles of 5 Additional Companies of your Choice)

• • ABB
  • Siemens AG
  • General Electric Company
  • Schneider Electric
  • Nidec Motor Corporation
  • Rockwell Automation Inc
  • CG Power and Industrial Solutions Limited
  • Bosch Rexroth AG
  • Kirloskar Electric Motors
  • Honeywell International, Inc.