Middle East Electric Motor Market Size Is Projected To Grow At A CAGR Of 3.0% During 2019-25
Automotive end-user dominates the electric motor market in Middle East – 6Wresearch
Construction of commercial sector infrastructure such as Burj Mubarak Al Kabir in Kuwait, Lusail City in Qatar, Mohammed bin Rashid City in UAE would increase the prospects of installing air conditioners, fan, pumps which would further need the installation of electric motors for their functioning leading to an increase in demand for electric motors in the region. Further, visions such as Saudi Vision 2030, UAE Vision 2021, Abu Dhabi Economic Vision 2030, Dubai Industrial Strategy 2030 & Qatar National Vision 2030 along with FIFA World Cup 2020 in Qatar would generate prospects for the construction of power generation utilities, non-oil industries, automotive manufacturing industries, retail complexes, hotels and commercial buildings which would in turn act as a catalyst for increasing demand for...