Saudi Arabia Electrical AC Motor Market

Electrical AC motor are electro-mechanical equipment which transform electrical energy to mechanical energy with the use of alternating current sources such as inverters, generators or power grids. These AC motors are basic parts of blowers, fans, pumps, disk drives, electric vehicles, and others which are additionally utilized in the industrial, commercial, real estate and residential areas. Electrical AC motor gives several benefits over other conventional motors in terms of durability, installation, high endurance for fluctuating voltages and maintenance. Electrical AC motor are used in various application such as construction, automotive, Power, healthcare and Oil & Gas which are expected to support the market growth.

Major factors such as growing demand for household electrical appliances, increasing use in HVAC applications and technological advancements are expected to bolstering market growth. In addition,

High demand from industrial sectors due to increasing automation is also propelling the market growth during the forecast period. Growth in infrastructural development and number of power plants and oil rigs will further increases the demand of Electrical AC motor in upcoming few years. Furthermore, booming of air conditioning and HVAC systems is also propelling growth of electric AC motors market. Growing demand for energy efficient motors coupled with growing industrialization are anticipated to boost demand for electric AC motors during the forecast period. In addition, rising investments and Changing government policies coupled with large-scale investment in the power and water utility sectors are also positively impacting the growth of the market. However, high cost and maintenance are expected to hamper the growth of the market.

Saudi Arabia’s electric AC Motors market is exceptionally import dependent, with just a few local players operating in the market. Electric AC Motors play a significant part of the oil and gas sector in the Saudi Arabia which require high worth and complex pivoting gear systems. Government initiative and plans to help the foundation of new ventures combined with huge scale funding in the power and water utility parts are the key drivers for the market growth in Saudi Arabia. Developing petrochemical industry, extension of industrial division alongside ongoing construction activities are a portion of the key elements which would fuel the market growth during the forecast period. Furthermore, expected recuperation of oil costs would likewise expand government financing in oil and gas and petrochemical ventures, which would further drive the growth of the market.

Various notable players operating in the market, include market players ASHOOR ELECTRIC MOTORS, ABB Electrical Industries Co. Ltd., Siemens, TECO Middle East Electrical and Machinery Co. Ltd, WEG Middle East, Nidec Motor Corporation, CG Power Systems, ATB Schorch GmbH, Alfanar Electrical Systems LLC, Saudi French Company among others.

Key questions answered in this research report:
1- At what pace is Saudi Arabia Electrical AC Motor market growing? What will be the Saudi Electrical AC Motor market forecast?
2- What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
3- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in Saudi Electrical AC Motor and market size?
4- Saudi Arabia Electrical AC Motor market outlook, application areas and how they are poised to grow?
5- Saudi Arabia Electrical AC Motor market overview, industry analysis and scope of study?

Market Segmentation
By Application Type
• Water Pump
• Machine Tool
• Compressor
• Ventilator
• Others

By Vertical
• HVAC
• Oil and Gas
• Food, Beverage and Tobacco
• Mining
• Water & Utilities
• Others

By Volatge
• Low Voltage
• Medium Voltage
• High Voltage

Leading market players
• ASHOOR ELECTRIC MOTORS
• ABB Electrical Industries Co. Ltd.
• Siemens
• TECO Middle East Electrical and Machinery Co. Ltd,
• WEG Middle East
• Nidec Motor Corporation
• CG Power Systems
• ATB Schorch GmbH,
• Alfanar Electrical Systems LLC,
• Saudi French Company