Saudi Arabia Energy Efficient Low Horsepower AC Motors Market

The AC motor is an electric motor which converts the alternating current into mechanical power by using an electromagnetic induction phenomenon. An energy-efficient low horsepower AC motor has a longer lifespan, minimizes the chances of energy losses, and requires less maintenance. There are mainly two types of energy-efficient low horsepower AC motor: Synchronous and Asynchronous. These AC motors are used in various consumer, industrial, and medical applications.

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Key Drivers and Emerging Trends

The significant factors propelling the growth of the Saudi Arabia Energy efficient low horsepower AC motors market include the increasing demand for energy-efficient low horsepower AC motor, especially in the desalination and wastewater treatment process across various industries and the growing awareness regarding the emission of greenhouse gas among the end-users. The Saudi Arabian government is heavily investing in the development of smart cities such as NEOM and Al Widyan, which will drastically increase the demand for air conditioners and other household appliances, thereby accelerating the growth of the Saudi Arabia Energy efficient low horsepower AC motors market. Moreover, the other ongoing infrastructural activities in Saudi Arabia including the Red Sea project, Al-Qiddiya, Jeddah tower, Riyadh Rapid Bus Transit System, and Jabal Omar will have a positive impact on the growing demand for energy efficient low horsepower AC motors. The Saudi Arabian government has launched several initiatives to reduce carbon footprints across the country. For instance, the National Energy Efficiency Programme (NEEP) aims to reduce energy consumption and enhance energy efficiency to achieve the lowest possible energy intensity. All these initiatives will encourage the end-user to opt for energy-efficient low horsepower AC motors to reduce energy consumption and protect the environment at the same time. Moreover, the significant rise in the demand for consumer durable goods such as washing machines, air conditioners, and refrigerators driven by high disposable income will directly boost the demand for these AC motors. On the other hand, the high cost of the energy-efficient low horsepower AC motors and lack of stringent energy-efficient standards for fractional horsepower motors will hamper the growth of the market.

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Product Type – Segment Analysis

Based on the product type, the asynchronous segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of the asynchronous motor in the household appliances such as pumps and compressors in Saudi Arabia. Moreover, the rising number of commercial projects across Saudi Arabia, including the King Abdullah Economic City and Dahiyat Al Fursan New City, will attract a large number of end-users towards the market. The asynchronous motor, also known as induction motor, is less expensive and user-friendly as compared to the synchronous motor.

Application – Segment Analysis

Based on the application, the consumer application is projected to grow at a higher CAGR during the forecast period due to the increasing demand for consumer appliances such as air conditioners, refrigerators, and washing machines among the end-users. Moreover, the government is heavily investing towards the infrastructural development of numerous projects including the development of smart cities, Red Sea Project, Makkah Grand Mosque- Third Expansion, King Abdullah Bin Abdulaziz Medical Complexes, Jabal Omar, and Al Widyan, which will increase the adoption of energy-efficient low horsepower AC motors, thereby surging the growth of the market over the coming years.

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Top Market Players

Various notable players operating in the Saudi Arabia Energy efficient low horsepower AC motors market include ABB Saudi Arabia, Emerson Electric Co., General Electric Saudi Arabia, Honeywell International Inc., Johnson Electric Holdings Limited, Siemens Saudi Arabia, Mitsubishi Electric Saudi Ltd., Nidec Motor Corporation, Schneider Electric Saudi Arabia, and Bosch Rexroth among others.

Segments covered in the Report:

The Saudi Arabia Energy efficient low horsepower AC motors market has been segmented based on product type, current type, and application. Based on the product type, the market is segmented into Synchronous Motors and Asynchronous Motors. Synchronous Motors includes Reluctance Motor and Permanent Magnet Motor. Asynchronous Motors comprises Squirrel Cage Motor and Wound Rotor Induction Motor. Based on the current type, the market is segmented into Single Phase and Three Phase. Based on application, the market is segmented into Consumer Applications, Industrial Application, Refrigeration, Medical, and Others. Consumer application is further segmented into Air-Conditioners, Washing Machines, Optical Disk CD/DVD Spindle Motors, Printers/Scanners, Electronic Toys, Fans, PC Fans, Mixers, and Others. Industrial application is further segmented into Small Capacity Pumps, Surveillance Cameras, Direct-Drive Turntables, Compressors, Small Centrifuge /Separator Spindle Motors, Robots, Portable Power Tools, Packaging, Material Handling, and Others. Refrigeration is further segmented into Bottle Coolers, Vending Machines, Freezer Cabinets, Display Units, and Others. Based on medical, the market is further segmented into Sleep Apnea Treatment, Medical Analysers, and Others.

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Market Segmentation

Saudi Arabia Energy efficient low horsepower AC motors Market by Product Type

• •  Synchronous Motors
    • Reluctance Motor
    • Permanent Magnet Motor
  • Asynchronous Motors
    • Squirrel Cage Motor
    • Wound Rotor Induction Motor

Saudi Arabia Energy efficient low horsepower AC motors Market by Current Type

• • Single Phase
  • Three Phase

Saudi Arabia Energy efficient low horsepower AC motors Market by Application

• • Consumer Applications
    • Air-Conditioners
    • Washing Machines
    • Optical Disk CD/DVD Spindle Motors
    • Printers/Scanners
    • Electronic Toys
    • Fans
    • PC Fans
    • Mixers
    • Others
  • Industrial Applications
    • Small Capacity Pumps
    • Surveillance Cameras
    • Direct-Drive Turntables
    • Compressors
    • Small Centrifuge /Separator Spindle Motors
    • Robots
    • Portable Power Tools
    • Packaging, Material Handling
    • Others
  • Refrigeration
    • Bottle Coolers
    • Vending Machines
    • Freezer Cabinets
    • Display Units
    • Others
  • Medical
    • Sleep Apnea Treatment
    • Medical Analysers
    • Others
  • Others

Saudi Arabia Energy efficient low horsepower AC motors Market Leading market players (Option: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • ABB Saudi Arabia
  • Emerson Electric Co.
  • General Electric Saudi Arabia
  • Honeywell International Inc.
  • Johnson Electric Holdings Limited
  • Siemens Saudi Arabia
  • Mitsubishi Electric Saudi Ltd.
  • Nidec Motor Corporation
  • Schneider Electric Saudi Arabia
  • Bosch Rexroth