Saudi Arabia Electric Motor Market (2019-2025)
Market Forecast By Voltage (Medium (1kV To 35 KV), Low (< 1kV) And High (> 36kV)), By Type (DC And AC), By Applications (Fan, Conveyor, Pump, Compressors And Others Including Centrifuges, Extruders And Winches), By End-Users ( Automotive, Consumer Appliances, HVAC Equipment, Power Generation Industrial Machinery And Others Including Defense, Wastewater Management And Agriculture Aerospace ), By Regions ( Central, Western, Northern, And Eastern) And Competitive Landscape
As Per 6Wresearch, Saudi Arabia electric motor market size is projected to grow at a CAGR of 0.4% during 2019-25. Additionally, The market slowed down over the past few years due to oil crisis in the Middle East. However, the trend changed past 2017 and the market recovered to post positive growth owing to the recovery of oil prices and strengthening of non-oil sectors. favorable government policies, establishment of special economic zones, and expansion of automotive manufacturing, as well as growth in the petrochemical industry would continue to fuel the market for electric motors in Saudi Arabia.
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Key Highlights of the Report
Overview Saudi Arabia Electric Motor Market
Outlook Saudi Arabia Electric Motor Market
Forecast Saudi Arabia Electric Motor Market
Global Electric Motor Market Revenues Historical Data for the Period 2015-2018
Global Electric Motor Market Share and Market Forecast of Revenues, Until 2025
Global Electric Motor Market Revenues, by Regions, Historical Data for the Period 2015-2018
Market Size And Forecast of Global Electric Motor Market Revenues, by Regions, until 2025F
Global Electric Motor Market Revenues, by End-User, Historical Data for the Period 2015-2018
Market Size And Forecast of Global Electric Motor Market Revenues, by End-User, until 2025F
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