DUBLIN, March 6, 2018 /PRNewswire/ --
The "Saudi Arabia 50 Hp and Above Electric Motor Market (2018-2024): Market Forecast by Type, by Voltage, by End Users, by Service Types, by Applications, by Regions and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Saudi Arabia 50 Hp and above electric motor market revenues are projected to grow at a CAGR of 5.8% during 2018-24.
Expansion of non-oil sector by boosting investments in private sector is one of the main objectives of the current Saudi Arabian government. Development of public infrastructure as well as government policies to support establishment of new industries and large scale investments in the power and water utility sectors are the key drivers for the growth of above 50 Hp electric motor market in Saudi Arabia. However, the market volume declined in 2016 due to lower government spending as a result of budget deficit due to low crude oil prices.
The market has declined in 2016 and 2017 due to reduced government spending as a result of low crude oil prices. However, the market is likely to recover post 2017 due to expected recovery in global crude oil prices. Changing government policies, establishment of special economic zones and expansion of automotive manufacturing as well as growth in petrochemical industry would further fuel the market of electric motors in Saudi Arabia.
Amongst all end users, the Petrochemical, Chemicals and Fertilizers (PCF), oil & gas and water & utilities sectors dominated the market, where major growth is exhibited in the Petrochemical, Chemicals, and Fertilizers (PCF) and water and utilities segment. The key players in Saudi Arabia electric motor market include: ABB, Siemens, WEG, Teco and Nidec.
The report thoroughly covers the Saudi Arabia 50 Hp and Above electric motor market by types, services, voltage, applications, end users and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Topics Covered:
1. Executive Summary
2. Introduction
3. Saudi Arabia 50 Hp and Above Electric Motor Market Overview
3.1. Saudi Arabia 50 Hp and Above Electric Motor Market Revenues, 2014-2024F
3.2. Saudi Arabia 50 Hp and Above Electric Motor Market Volume, 2014-2024F
3.3. Saudi Arabia 50 Hp and Above Electric Motor Market Industry Life Cycle
3.4. Saudi Arabia 50 Hp and Above Electric Motor Market Porter's Five Forces Model
3.5. Saudi Arabia 50 Hp and Above Electric Motor Market Revenue Share, by Types, 2017 & 2024F
3.6. Saudi Arabia 50 Hp and Above Electric Motor Market Revenue Share, by Voltage, 2017 & 2024F
3.7. Saudi Arabia 50 Hp and Above Electric Motor Market Revenue Share, by End Users, 2017 & 2024F
3.8. Saudi Arabia 50 Hp and Above Electric Motor Market Revenue Share, by Regions, 2017 & 2024F
4. Saudi Arabia 50 Hp and Above Electric Motor Market Dynamics
4.1. Market Dynamics & Impact Analysis
4.2. Market Drivers
4.3. Market Restraints
5. Saudi Arabia 50 Hp and Above Electric Motor Market Trends
5.1. Use of Smart Sensors in Motors
5.2. Growing Demand for Energy Efficient Motors
6. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Types
6.1. Saudi Arabia 50 Hp and Above AC Motor Market Overview
6.2. Saudi Arabia 50 Hp and Above DC Motor Market Overview
7. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Voltage
7.1. Saudi Arabia 50 Hp and Above Low Voltage Electric Motor Market Overview
7.2. Saudi Arabia 50 Hp and Above Medium Voltage Electric Motor Market Overview
7.3. Saudi Arabia 50 Hp and Above High Voltage Electric Motor Market Overview
8. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by End Users
8.1. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Petrochemical, Chemicals and Fertilizers Industry
8.2. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Oil and Gas Industry
8.3. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Water and Utilities Industry
8.4. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Cement Industry
8.5. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Metals & Mining Industry
8.6. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Other Industries
9. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Applications
9.1. Saudi Arabia 50 Hp and Above Pump Application Electric Motor Revenues, 2014-2024F
9.2. Saudi Arabia 50 Hp and Above Fan Application Electric Motor Revenues, 2014-2024F
9.3. Saudi Arabia 50 Hp and Above Compressor Application Electric Motor Revenues, 2014-2024F
9.4. Saudi Arabia 50 Hp and Above Conveyors Application Electric Motor Revenues, 2014-2024F
9.5. Saudi Arabia 50 Hp and Above Extruders Application Electric Motor Revenues, 2014-2024F
9.6. Saudi Arabia 50 Hp and Above Other Applications Electric Motor Revenues, 2014-2024F
10. Saudi Arabia 50 Hp and Above Electric Motor Market Overview, by Regions
10.1. Saudi Arabia 50 Hp and Above Eastern Region Electric Motor Market Revenues, 2014-2024F
10.2. Saudi Arabia 50 Hp and Above Western Region Electric Motor Market Revenues, 2014-2024F
10.3. Saudi Arabia 50 Hp and Above Central Region Electric Motor Market Revenues, 2014-2024F
10.4. Saudi Arabia 50 Hp and Above Southern Region Electric Motor Market Revenues, 2014-2024F
11. Saudi Arabia 50 Hp and Above Electric Motor Service and Repair Market Overview
11.1. Saudi Arabia 50 Hp and Above Electric Motor Service and Repair Market Revenues, 2014-2024F
11.2. Saudi Arabia 50 Hp and Above Electric Motor Service and Repair Market Revenues, by Types
11.3. Saudi Arabia 50 Hp and Above Electric Motor Services Market Revenues Share, by Company, 2017
12. Saudi Arabia Key Performance Indicators
12.1. Saudi Arabia Oil & Gas Sector Market Overview
12.2. Saudi Arabia Government Spending Outlook
13. Market Opportunity Assessment
13.1. Saudi Arabia 50 Hp and Above Electric Motor Services Market Opportunity Assessment, by End Users
13.2. Saudi Arabia 50 Hp and Above Electric Motor Services Market Opportunity Assessment, by Applications
14. Import Statistics
14.1. Saudi Arabia Electric Motor (Below 37.5 W) Imports, by Country, 2016
14.2. Saudi Arabia Single Phase AC Electric Motor (Above 37.5 W) Import, by Country, 2016
14.3. Saudi Arabia Multi Phase AC Electric Motor (Over 750 W to 75 kW) Imports, by Country, 2016
14.4. Saudi Arabia Multi Phase AC Electric Motor (Below 750 W) Imports, by Country, 2016
14.5. Saudi Arabia Multi Phase AC Electric Motor (Above 75 kW) Imports, by Country, 2016
14.6. Saudi Arabia Universal AC/DC Electric Motor (Above 37.5 W) Imports, by Country, 2016
14.7. Saudi Arabia DC Electric Motor & Generator (Below 750 W) Imports, by Country, 2016
14.8. Saudi Arabia DC Electric Motor & Generator (751 W to 75kW) Imports, by Country, 2016
14.9. Saudi Arabia DC Electric Motor & Generator (75 kW to 375kW) Imports, by Country, 2016
14.10. Saudi Arabia DC Electric Motor & Generator (Above 375 kW) Imports, by Country, 2016
15. Competitive Landscape
15.1. Saudi Arabia Electric Motor Market Revenue Share, by Company, 2017
16. Company Profiles
16.1. ABB Ltd.
16.2. Siemens AG
16.3. WEG Middle East FZE
16.4. Nidec Corporation
16.5. CG Power Systems Belgium NV
16.6. General Electric Company
16.7. TECO Middle East Electrical and Machinery Co. Ltd.
16.8. ATB SCHORCH GmbH
16.9. Ashoor Electric Motors
16.10. Hyundai Electric & Energy Systems Co., Ltd.
17. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/53xzfg/saudi_arabia_50?w=5
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