Market Forecast By Types (AC Electric Motor And DC Electric Motor), By Power Output (Fractional Horsepower And Integral Horsepower), By Voltage (Low Voltage, Medium Voltage And High Voltage), By Application (Pumps, Fans, Compressors, Conveyors And Others (Centrifuges, Extruders And Winches)), By End-User (Industrial Machinery, HVAC Equipment, Automobile, Consumer Appliances, Aerospace & Transportation, Power Generation And Others Commercial Application (Agriculture And Mining)) And Competitive Landscape
According to 6wresearch, the Saudi Arabia Electric Motor Market size is expected to grow during 2020-2026. In terms of end-user, the power generation and industrial machinery segments are dominating the electric motor market revenue share in Saudi Arabia on account of surging power utility in the automotive industry, growing demand for the energy-efficient systems in the manufacturing and construction industry. Based on power output, the fractional horsepower segment is expected to lead the electric motor market revenue share in Saudi Arabia owing to surging deployment of motors from industries coupled with increasing investment during the forecast period. Furthermore, in Saudi Arabia, the market is expected to register a decline in the economic growth over the first quarter of 2020, on account of the coronavirus pandemic which has a worse impact on the worldwide business. However, the market in Saudi Arabia is expected to recover with healthy growth in the economy during the second half of 2020-2026.
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Key Highlights
Saudi Arabia Electric Motor Market Overview
Saudi Arabia Electric Motor Market Outlook
Saudi Arabia Electric Motor Market Forecast
Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, for the Period 2016-2019.
Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, until 2026.
Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by type, for the Period 2016-2019.
Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, by type, until 2026.
Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by power output, for the Period 2016-2019.
Market Size & Forecast of Saudi Arabia Electric Motor Market Revenues and Volumes, by power output, until 2026.
Historical Data of Saudi Arabia Electric Motor Market Revenues and Volumes, by voltage, for the Period 2016-2019.
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