Saudi Arabia Industrial Motor Market (2019-2025) | Industry, Revenue, Growth, Analysis, Forecast, Value, Size, Companies, Trends, Outlook & Share
Market Forecast By Types (AC Motors, DC Motors), By Voltage ((Low Voltage Industrial Motors (< 1 Kv), Medium Voltage Industrial Motors (1 Kv-6.6 Kv), High Voltage Industrial Motors (Above 6.6 Kv)), By End Users (( Oil & Gas, Petrochemical, Chemicals, & Fertilizers, Water & Utilities (Includes power sector and water and wastewater management), Metals & Mining, Cement and Others (includes Food and Beverages, Paper and Pulp, etc.)), By Applications (Pumps, Compressors, Extruders, Fans, Conveyors and Other Applications), By Regions (Eastern, Western, Central, Southern)
| Product Code: ETC001267 | Publication Date: Mar 2022 | Updated Date: May 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 130 | No. of Figures: 64 | No. of Tables: 12 | |
Saudi Arabia Industrial Motor Market Competition 2023
Saudi Arabia Industrial Motor market currently, in 2023, has witnessed an HHI of 1134, Which has increased slightly as compared to the HHI of 998 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Saudi Arabia Export Potential Assessment For Industrial Motor Market (Values in USD Thousand)
Saudi Arabia Industrial Motor Market is anticipated to project growth during the upcoming years owing to the growing petrochemical industry. Expansion of industrial sector along with upcoming infrastructure projects are some of the key factors which would fuel the Saudi Arabia industrial motors market Growth during the forecast period. Additionally, the expected recovery of oil prices would also upsurge the government funding across the oil & gas and petrochemical verticals, which would further increase Saudi Arabia industrial motor market size in the country.
According to 6Wresearch, Saudi Arabia Industrial Motor Market Revenues are projected to grow at a CAGR of 5.2% during 2019-2025. The market slowed down in 2015 and 2016, due to the oil crisis in the Middle East. However, the market recovered post-2017 due to the recovery of oil prices. Changing government policies, establishing of special economic zones, and expansion of automotive manufacturing as well as growth in the petrochemical industry would further fuel the industrial motors market in Saudi Arabia.
The properties of industrial motors such as high efficiency and consumption of less energy are one of the key factors propelling the growth of the market. Rising urbanization and surging disposable income in the country are adding to the Saudi Arabia Industrial Motor Market Revenue.
Amongst all end-users in the Saudi Arabia industrial motor market share, the Petrochemical, Chemicals, and Fertilizers (PCF) segment held the highest revenue shares in 2018, whereas major growth is exhibited in the water and utility segment, which would contribute to key revenues in Saudi Arabia industrial motors market during the forecast period. Some of the key players in Saudi Arabia industrial motors market include ABB, Siemens, WEG, Teco, and Nidec.
The Saudi Arabia industrial motor market report thoroughly covers the market by types, voltage, applications, end-users, and regions. The Saudi Arabia industrial motor market outlook report provides an unbiased and detailed analysis of the ongoing Saudi Arabia industrial motor market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Saudi Arabia Industrial Motor Market Overview.
- Saudi Arabia Industrial Motor Market Outlook.
- Saudi Arabia Industrial Motor Market Forecast.
- Saudi Arabia Industrial Motor Market Size and Saudi Arabia Industrial Motor Market Forecast until 2025
- Historical Data of Saudi Arabia Industrial Motor Market Revenues & Volume, By Types for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Industrial Motor Market Revenues & Volume, By Types until 2025
- Historical Data of Saudi Arabia Industrial Motor Market Revenues, by Voltage for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Industrial Motor Market Revenues, by Voltage until 2025
- Historical Data of Saudi Arabia Industrial Motor Market Revenues, by End User for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Industrial Motor Market Revenues, by End User until 2025
- Historical Data of Saudi Arabia Industrial Motor Market Revenues, By Applications for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Industrial Motor Market Revenues, By Applications until 2025
- Historical Data of Saudi Arabia Industrial Motor Market Revenues, By Regions for the Period 2015-2018
- Market Size & Forecast of Saudi Arabia Industrial Motor Market Revenues, By Regions until 2025
- Saudi Arabia Industrial Motor Market Price Trends
- Market Drivers and Restraints
- Saudi Arabia Industrial Motor Market Trends and Developments
- Saudi Arabia Industrial Motor Market Share, By Players
- Saudi Arabia Industrial Motor Market Overview on Competitive Benchmarking
- Import Statistics
- Company Profiles
- Strategic Recommendations
Markets Covered
The Saudi Arabia industrial motor market report provides a detailed analysis of the following market segments:
-
By Types:
o AC Motors
o DC Motors
-
By Voltage:
o Low Voltage Industrial Motors (< 1 Kv)
o Medium Voltage Industrial Motors (1 Kv-6.6 Kv)
o High Voltage Industrial Motors (Above 6.6 Kv)
-
By End Users:
o Oil and Gas
o Petrochemical, Chemicals, and Fertilizers
o Water and Utilities (Includes power sector and water and wastewater management)
o Metals & Mining
o Cement
o Others (includes Food and Beverages, Paper and Pulp, etc.)
-
By Applications:
o Pumps
o Compressors
o Extruders
o Fans
o Conveyors
o Other Applications
-
By Regions:
o Eastern
o Western
o Central
o Southern
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1. Executive Summary |
| 2. Introduction |
| 2.1 Report Description |
| 2.2 Key Highlights |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology– Sources of Information |
| 2.5 Assumptions |
| 3. Saudi Arabia Industrial Motor Market Overview |
| 3.1. Saudi Arabia Country Overview, 2015-2025F |
| 3.2. Saudi Arabia Industrial Motor Market Revenues & Volume, 2015-2025F |
| 3.3. Saudi Arabia Industrial Motor Market Industry Life Cycle |
| 3.4. Saudi Arabia Industrial Motor Market Porter’s Five Forces Model |
| 3.5. Saudi Arabia Industrial Motor Market Revenue Share, By Types, 2018 & 2025F |
| 3.6. Saudi Arabia Industrial Motor Market Revenue Share, By Voltage, 2018 & 2025F |
| 3.7. Saudi Arabia Industrial Motor Market Revenue Share, By End Users, 2018 & 2025F |
| 3.8. Saudi Arabia Industrial Motor Market Revenue Share, By Applications, 2018 & 2025F |
| 3.9. Saudi Arabia Industrial Motor Market Revenue Share, By Regions, 2018 & 2025F |
| 4. Saudi Arabia Industrial Motor Market Dynamics |
| 4.1. Market Dynamics & Impact Analysis |
| 4.2. Market Drivers |
| 4.3. Market Restraints |
| 5. Saudi Arabia Industrial Motor Market Trends |
| 6. Saudi Arabia Industrial Motor Market Overview, By Types |
| 6.1. Saudi Arabia AC Motor Market Revenues & Volume, 2015-2025F |
| 6.1.1. Saudi Arabia AC Motor Market Revenues & Volume, By Voltage, 2015-2025F |
| 6.2. Saudi Arabia DC Motor Market Revenues & Volume, 2015-2025F |
| 6.2.1. Saudi Arabia DC Motor Market Revenues & Volume, By Voltage, 2015-2025F |
| 7. Saudi Arabia Industrial Motor Market Overview, By Voltage |
| 7.1. Saudi Arabia Low Voltage Industrial Motor Market Revenues & Volume, 2015-2025F |
| 7.1.1. Saudi Arabia Low Voltage Industrial Motor Market Price Trend, 2015-2025F ($Per Unit-ASP) |
| 7.2. Saudi Arabia Medium Voltage Industrial Motor Market Revenues & Volume, 2015-2025F |
| 7.2.1. Saudi Arabia Medium Voltage Industrial Motor Market Price Trend, 2015-2025F ($Per Unit-ASP) |
| 7.3. Saudi Arabia High Voltage Industrial Motor Market Revenues & Volume, 2015-2025F |
| 7.3.1. Saudi Arabia High Voltage Industrial Motor Market Price Trend, 2015-2025F ($Per Unit-ASP) |
| 8. Saudi Arabia Industrial Motor Market Overview, By Verticals |
| 8.1. Saudi Arabia Petrochemical, Chemicals and Fertilizers Industrial Motor Market Revenues, 2015-2025F |
| 8.1.1. Saudi Arabia Petrochemical, Chemicals and Fertilizers Sector Outlook |
| 8.2. Saudi Arabia Oil and Gas Industrial Motor Market Revenues, 2015-2025F |
| 8.2.1. Saudi Arabia Oil & Gas Sector Outlook |
| 8.3. Saudi Arabia Water and Utilities Industrial Motor Market Revenues, 2015-2025F |
| 8.3.1. Saudi Arabia Water and Utilities Sector Outlook |
| 8.4. Saudi Arabia Cement Industry Industrial Motor Revenues, 2015-2025F |
| 8.4.1. Saudi Arabia Cement Industry Sector Outlook |
| 8.5. Saudi Arabia Metals & Mining Industrial Motor Market Revenues, 2015-2025F |
| 8.5.1. Saudi Arabia Metals & Mining Sector Outlook |
| 8.6. Saudi Arabia Other End-users Industrial Motor Market Revenues, 2015-2025F |
| 8.6.1. Saudi Arabia Food & Beverage Sector Outlook |
| 8.6.2. Saudi Arabia Transportation Sector Outlook |
| 8.6.3. Saudi Arabia Industrial Sector Outlook |
| 9. Saudi Arabia Industrial Motor Market Overview, By Applications |
| 9.1. Saudi Arabia Pump Application Industrial Motor Revenues, 2015-2025F |
| 9.2. Saudi Arabia Fan Application Industrial Motor Revenues, 2015-2025F |
| 9.3. Saudi Arabia Compressor Application Industrial Motor Revenues, 2015-2025F |
| 9.4. Saudi Arabia Conveyors Application Industrial Motor Revenues, 2015-2025F |
| 9.5. Saudi Arabia Extruders Application Industrial Motor Revenues, 2015-2025F |
| 9.6. Saudi Arabia Other Applications Industrial Motor Revenues, 2015-2025F |
| 10. Saudi Arabia Industrial Motor Market Overview, By Regions |
| 10.1. Saudi Arabia Eastern Region Industrial Motor Market Revenues, 2015-2025F |
| 10.2. Saudi Arabia Western Region Industrial Motor Market Revenues, 2015-2025F |
| 10.3. Saudi Arabia Central Region Industrial Motor Market Revenues, 2015-2025F |
| 10.4. Saudi Arabia Southern Region Industrial Motor Market Revenues, 2015-2025F |
| 11. Saudi Arabia Industrial Motor Market - Key Prformance Indicators |
| 12. Saudi Arabia Industrial Motor Refurbishment Market Overview |
| 12.1. Saudi Arabia Industrial Motor Refurbishment Market Revenues, 2015-2025F |
| 12.2. Saudi Arabia Industrial Motor Refurbishment Market Revenues Share, By Company, 2018 |
| 13. Saudi Arabia Industrial Motor Market - Opportunity Assessment |
| 13.1. Saudi Arabia Industrial Motor Market Opportunity Assessment, By Verticals |
| 13.2. Saudi Arabia Industrial Motor Market Opportunity Assessment, By Applications |
| 14. Saudi Arabia Industrial Motor Market - Import Statistics |
| 14.1. Saudi Arabia Electric Motor (Below 37.5 W) Imports, By Country, 2018 |
| 14.2. Saudi Arabia Single Phase AC Electric Motor (Above 37.5 W) Import, By Country, 2018 |
| 14.3. Saudi Arabia Multi Phase AC Electric Motor (Below 750 W) Imports, By Country, 2018 |
| 14.4. Saudi Arabia Multi Phase AC Electric Motor (Over 750 W to 75 kW) Imports, By Country, 2018 |
| 14.5. Saudi Arabia Multi Phase AC Electric Motor (Above 75 kW) Imports, By Country, 2018 |
| 14.6. Saudi Arabia Universal AC/DC Electric Motor (Above 37.5 W) Imports, By Country, 2018 |
| 14.7. Saudi Arabia DC Electric Motor & Generator (Below 750 W) Imports, By Country, 2018 |
| 14.8. Saudi Arabia DC Electric Motor & Generator (751 W to 75kW) Imports, By Country, 2018 |
| 14.9. Saudi Arabia DC Electric Motor & Generator (75 kW to 375kW) Imports, By Country, 2018 |
| 14.10. Saudi Arabia DC Electric Motor & Generator (Above 375 kW) Imports, By Country, 2018 |
| 15. Saudi Arabia Industrial Motor Market - Competitive Landscape |
| 15.1. Saudi Arabia Industrial Motor Market Revenue Share, By Company, 2018 |
| 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. TECO Middle East Electrical and Machinery Co. Ltd. |
| 16.7. ATB SCHORCH GmbH |
| 16.8. Ashoor Electric Motors |
| 17. Key Strategic Recommendations |
| 18. Disclaimer |
| List of Figures |
| Figure 1: Saudi Arabia Industrial Motor Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
| Figure 2: Saudi Arabia Industrial Motor Market - Industry Life Cycle 2018 |
| Figure 3: Saudi Arabia Industrial Motor Market Revenue Share, By Types, 2018 & 2025F |
| Figure 4: Saudi Arabia Industrial Motor Market Revenue Share, By Voltage, 2018 & 2025F |
| Figure 5: Saudi Arabia Industrial Motor Market Revenue Share, By End Users, 2018 & 2025F |
| Figure 6: Saudi Arabia Industrial Motor Market Revenue Share, By Verticals, 2018 & 2025F |
| Figure 7: Saudi Arabia Industrial Motor Market Revenue Share, By Regions, 2018 & 2025F |
| Figure 8: Saudi Arabia Non-Oil Revenues, 2012-2018 ($ Billion) |
| Figure 9: Average Brent Spot Crude Oil Price, 2012-2019E ($ per Barrel) |
| Figure 10: Saudi Arabia Building Sector Construction Contracts Awards, 2013-2018 ($ Million) |
| Figure 11: Saudi Arabia Pace of Project Cancellations, 2013-2017 ($ Billion) |
| Figure 12: Global Steel Price, 2014-2020F ($/tonne) |
| Figure 13: Saudi Arabia AC Motor Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
| Figure 14: Saudi Arabia DC Motor Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
| Figure 15: Saudi Arabia Low Voltage Industrial Motor Market Revenue & Volume, 2015-2025F ($ Million, Thousand Units) |
| Figure 16: Saudi Arabia Low Voltage Industrial Motor Market Price Trend, 2015-2025F ($/Unit) |
| Figure 17: Saudi Arabia Medium Voltage Industrial Motor Market Revenues & Volume, 2015-2025F ($ Million, Thousand Units) |
| Figure 18: Saudi Arabia Medium Voltage Industrial Motor Market Price Trend, 2015-2025F ($/Unit) |
| Figure 19: Saudi Arabia High Voltage Industrial Motor Market Revenues & Volume, 2015-2025F ($ Million, Units) |
| Figure 20: Saudi Arabia High Voltage Industrial Motor Market Price Trend, 2015-2025F ($Per Unit-ASP) |
| Figure 21: Saudi Arabia PCF* Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 22: Saudi Arabia Oil & Gas Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 23: Upcoming Power Plant Projects in Saudi Arabia |
| Figure 24: Production of Refined Products in Saudi Arabia, 2016-2017 (Million Barrels) |
| Figure 25: Saudi Arabia Water and Utilities Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 26: Upcoming Power Plant Projects in Saudi Arabia |
| Figure 27: Saudi Arabia Cement Industry Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 28: Upcoming Economic Cities in Saudi Arabia |
| Figure 29: Riyadh Office Supply, 2014-2019F (‘000 Sq. m.) |
| Figure 30: Jeddah Office Supply, 2014-2019F (‘000 Sq. m.) |
| Figure 31: Riyadh Retail Supply, 2014-2019F (‘000 Sq. m.) |
| Figure 32: Jeddah Retail Supply, 2014-2019F (‘000 Sq. m.) |
| Figure 33: Riyadh Hotel Supply, 2014-2019F (No. of Rooms) |
| Figure 34: Jeddah Hotel Supply, 2014-2019F (No. of Rooms) |
| Figure 35: Major Upcoming Healthcare Projects in Saudi Arabia |
| Figure 36: Saudi Arabia Metals & Mining Industrial Motor Market Revenues, 2015-2025F ($ Million |
| Figure 37: Upcoming Economic Cities in Saudi Arabia |
| Figure 38: Upcoming Economic Cities in Saudi Arabia |
| Figure 39: Saudi Arabia Other Industry Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 40: Saudi Arabia Food & Beverage Industry Market Size, 2015-2020F ($ Billion) |
| Figure 41: Saudi Arabia Pump Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 42: Saudi Arabia Fan Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 43: Saudi Arabia Compressor Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 44: Saudi Arabia Conveyors Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 45: Saudi Arabia Extruders Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 46: Saudi Arabia Other Application Industrial Motor Market Revenues, 2015-2025F ($ Million) |
| Figure 47: Saudi Arabia Industrial Motor Regional Market Revenues, 2015–2023F ($ Million) |
| Figure 48: Saudi Arabia Actual Government Spending Vs Actual Government Revenues, 2014-2024F (SR Billion) |
| Figure 49: Saudi Arabia Government Budget Spending Outlook, 2019E (SAR Billion) |
| Figure 50: Saudi Arabia Industrial Motor Refurbishment Market Revenues, 2015-2025F ($ Million) |
| Figure 51: Saudi Arabia Industrial Motors Refurbishment Market Revenue Share, By Company, 2018 |
| Figure 52: Saudi Arabia Industrial Motor Market Opportunity Assessment, By Verticals, 2025F |
| Figure 53: Saudi Arabia Industrial Motor Market Opportunity Assessment, By Applications, 2025F |
| Figure 54: Saudi Arabia Electric Motor (Below 37.5 W) Imports, By Country, 2018 ($ Million) |
| Figure 55: Saudi Arabia Single Phase AC Electric Motor (Above 37.5 W) Import, By Country, 2018 ($ Million) |
| Figure 56: Saudi Arabia Multi Phase AC Electric Motor (Below 750 W) Imports, By Country, 2018 ($ Million) |
| Figure 57: Saudi Arabia Multi Phase AC Electric Motor (Over 750 W to 75 kW) Imports, By Country, 2018 ($ Million) |
| Figure 58: Saudi Arabia Multi Phase AC Electric Motor (Above 75 kW) Imports, By Country, 2018 ($ Million) |
| Figure 59: Saudi Arabia Universal AC/DC Electric Motor (Above 37.5 W) Imports, By Country, 2018 ($ Million) |
| Figure 60: Saudi Arabia DC Electric Motor & Generator (Below 750 W) Imports, By Country, 2018 ($ Million) |
| Figure 61: Saudi Arabia DC Electric Motor & Generator (751 W to 75kW) Imports, By Country, 2018 ($ Million) |
| Figure 62: Saudi Arabia DC Electric Motor & Generator (75 kW to 375kW) Imports, By Country, 2018 ($ Million) |
| Figure 63: Saudi Arabia DC Electric Motor & Generator (Above 375 kW) Imports, By Country, 2018 ($ Million) |
| Figure 64: Saudi Arabia Industrial Motor Market Revenue Share, By Company, 2018 ($ Million) |
| List of Tables |
| Table 1: 2020 Energy Sector Targets Under The National Transformation Program |
| Table 2: Saudi Standards, Metrology and Quality Org. (SASO) Regulations for Low Voltage Electric Motor, 2016 & 2017 |
| Table 3: Saudi Arabia AC Motor Market Revenues, By Voltage, 2015-2025F ($ Million) |
| Table 4: Saudi Arabia AC Motor Market Volume, By Voltage, 2015-2025F (Units) |
| Table 5: Saudi Arabia DC Motor Market Revenues, By Voltage, 2015-2025F ($ Million) |
| Table 6: Saudi Arabia DC Motor Market Volume, By Voltage, 2015-2025F (Thousand Units) |
| Table 7: Saudi Arabia Upcoming Oil & Gas Projects |
| Table 8: Saudi Arabia Upcoming Petrochemical Projects |
| Table 9: Upcoming Hotel Projects in Saudi Arabia |
| Table 10: Saudi Arabia Upcoming Transportation Projects |
| Table 11: Under Construction Manufacturing Units in Saudi Arabia, Q4 2017 & Q1 2018 |
| Table 12: Saudi Arabia Budget Expenses By Sectors, 2017 & 2018 ($ Billion) |
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