13
Market Intelligence . Consulting Electric Motors Market in Saudi Arabia By Type, By End User, By Application, By Rating, Competition Forecast & Opportunities, 2011 – 2021

Saudi arabia electric motors market 2021 brochure

Embed Size (px)

Citation preview

Page 1: Saudi arabia electric motors market 2021 brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

Electric Motors Market in S audi Arabia By Type, By End User, By Application, By

Rating , Competit ion Forecast & Opportunities , 2011 – 2021

Page 2: Saudi arabia electric motors market 2021 brochure

P r o d u c t O v e r v i e w

Classification of Electric Motors

2

Electric Motors

DC Motors

EC-PM Brushless

Brushed

Series Wound

Shunt Wound

Compound Wound

Permanent Magnet

AC Motors

Universal Synchronous Induction

Single-Phase

Three- Phase

Abbreviations: AC – Alternating Current; DC – Direct Current; EC – Electronically Commutated; PM – Permanent Magnet

Segment Applications

Industrial Power machinery, conveyers, compressed air delivery, fans and pumps, etc.

BuildingAir conditioning systems, ventilation, compressors in heating, conveyors, pumps,fans lifts etc.

ApplianceRefrigerators, air conditioners, hard drives, cooking appliances, oven fans, extractorfans, garden appliances, pool pumps, personal computer and laptop fans, etc.

Applications of Electric Motors

© TechSci Research

Page 3: Saudi arabia electric motors market 2021 brochure

T a b l e o f C o n t e n t s

3

© TechSci Research

S No. Content

1. Research Methodology

2. Analyst View

3. Product Overview

4. Global Electric Motors Market Overview

5. Saudi Arabia Electric Motors Market Outlook

5.1. Industry Structure & Stakeholders

5.2. Production & Forecast

5.3. Market Size & Forecast

5.3.1. By Value

5.3.2. By Volume

5.4. Market Share & Forecast

5.4.1. By Application (Fans, Pumps, Compressors & Mechanical Movement)

5.4.2. By Type (AC & DC)

5.4.3. By End User (Residential, Manufacturing, Commercial, Real Estate & Others)

5.4.4. By Region

5.4.5. By Company

6. Saudi Arabia AC Electric Motors Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share & Forecast

Page 4: Saudi arabia electric motors market 2021 brochure

T a b l e o f C o n t e n t s

4

© TechSci Research

S No. Content

6.2.1. By End User

6.2.2. By Application

6.2.3. By Voltage

6.2.4. By Company

6.3. Price Point Analysis

7. Saudi Arabia DC Electric Motors Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2. Market Share & Forecast

7.2.1. By End User

7.2.2. By Application

7.2.3. By Voltage

7.2.4. By Company

7.3. Price Point Analysis

8. Saudi Arabia Electric Motor Refurbishment/Repair Services Market Overview

9. Saudi Arabia Electric Motor Refurbishment/Repair Services Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

10. Import-Export Analysis

Page 5: Saudi arabia electric motors market 2021 brochure

T a b l e o f C o n t e n t s

5

© TechSci Research

S No. Content

10.1. Import Analysis

10.2. Export Analysis

11. Market Trends & Developments

11.1. Growing Demand for Energy Efficient Motors

11.2. Flourishing Electric Motors Refurbishment & Repair Services Market

11.3. Import Driven Market for Electric Motors

11.4. Rising Penetration of Chinese & Korean Players

11.5. Increasing Industrialization

12. Policy & Regulatory Landscape

13. Voice of Customer

13.1. Brand Awareness Level

13.2. Customer Satisfaction Level

13.3. Benchmarking Competitors

13.4. Factors Responsible for Purchase Decision

13.5. Customer Usage and Attitude

14. Channel Partner Analysis

14.1. List of Major Distributors & Dealers with Contact Details

15. Saudi Arabia Economic Profile

16. Competitive Landscape

16.1. Competition Matrix

16.2. Company Profiles

Page 6: Saudi arabia electric motors market 2021 brochure

T a b l e o f C o n t e n t s

6

© TechSci Research

S No. Content

16.2.1. ABB Electrical Industries Co. Ltd.

16.2.2. Siemens Limited

16.2.3. TECO Middle East Electrical and Machinery Co. Ltd.

16.2.4. WEG Middle East FZE

16.2.5. Nidec Motor Corporation

16.2.6. CG Power Systems Belgium NV

16.2.7. ATB SCHORCH GmbH

16.2.8. Alfanar Electrical Systems LLC

16.2.9. Ashoor Electric Motors Factory

16.2.10. Saudi French Company

17. Strategic Recommendations

18. About Us & Disclaimer

Page 7: Saudi arabia electric motors market 2021 brochure

R e s e a r c h M e t h o d o l o g y

7

© TechSci Research

OBJECTIVE: The primary objective of the study was to understand the present market and forecast for the

electric motors market in Saudi Arabia.

APPROACH & SOURCES: In order to forecast the market for electric motors in Saudi Arabia, Top Down

approach has been used. Multiple experts from the following companies have been interviewed through telephonic

and face to face meetings to extract and verify information collected at source.

Companies Interviewed

ABB Electrical Industries Co. Ltd., WEG Middle East FZE

Ashoor Electric Motors TECO Middle East Electrical and Machinery Co. Ltd.

Alfanar Group Siemens Limited

CG Power Systems Belgium NV

TechSci Research has scrutinized various published documents from following key sources in order to fill the

data gaps and verify information being collected through primary research surveys.

Secondary Sources

BP Stats Organisation for Economic Co-operation and Development

Energy Information Administration Central Department Of Statistics & Information

OICA Saudi Electric Company

Saudi Kuwaiti Finance House International Monetary Fund

World Economic Outlook Database Hotelier Middle East

Page 8: Saudi arabia electric motors market 2021 brochure

R e s e a r c h M e t h o d o l o g y

8

In the beginning of the study for electric motors market in Saudi Arabia, a brief study pertaining to the type of electric

motors being used in the Kingdom, application of electric motors and the key end users of electric motors in Saudi Arabia

was conducted. This was followed by current status such as expected year of commissioning and expansion plans of

various infrastructure such as real estate projects along with various housing projects/schemes were considered.

Afterwards, aa detailed and in-depth scrutiny was done to understand each and every policy or external or internal factor

that could impact electrical motors market in Saudi Arabia. For this various documents related to energy sector,

electricity sector, ongoing & upcoming infrastructure projects were studied, followed by assessment of electric motors

market in Saudi Arabia.

Finally, region specific electric motors scenario has been identified and forecast for Saudi Arabia. Incase of electric

motors, Saudi Arabia is a net importer of electric motors. The country had only one manufacturing unit for electric motors

as of 2015. Players operating in electric motors market in Saudi Arabia operate through a network of distributors and

dealers.

Secondary Sources

U.S. Energy Information Administration (EIA) Middle East Business Intelligence

Middle East Economic Digest UN Comtrade Database

Saudi Industrial Development Fund Alfanar

OPEC Annual Statistical Bulletin Electric Motors Energy Efficiency Reference Guide

Rockwell Automation Siemens

Saudi Standards, Metrology and Quality Organization (SASO)

The study has been carried out considering various aspects of Saudi Arabia Electric Motors Market:

© TechSci Research

Page 9: Saudi arabia electric motors market 2021 brochure

R e s e a r c h M e t h o d o l o g y

9

To extract data for electric motor market in Saudi Arabia, primary research surveys were conducted with key end

users industries and electric motors manufacturing companies in order to assess present the past trends.

However, for forecasting the market for electric motors, following assumptions were taken into consideration.

1. Proven crude oil reserves of 267 thousand million barrels at the end of 2014, is expected to boost

demand of electric motors in Saudi Arabia in long run

2. Growth in real estate infrastructure and construction of planned cities has been considered while

making forecasts

3. Growing electricity consumption and generation, and rapid industrialization in the Kingdom has

been used to estimate the market for electric motors in the country

Considering these assumptions, our dedicated team of industry experts has comprehensively monitored and

analysed various aspects of Saudi Arabia electric motors market. The team has analysed various industry

segments and speculated a positive future for electric motors market in Saudi Arabia. Taking into consideration

developments, various projects, government support, policies and regulations, etc., our team of analysts has

provided a prudent analysis of the industry’s performance in the future.

© TechSci Research

Page 10: Saudi arabia electric motors market 2021 brochure

I n d u s t r y B r i e f

10

Saudi Electric Motors Market to Grow at CAGR 8%

Surging demand from end user industries such as manufacturing, commercial and residential segments to propelSaudi Arabia electric motors market through 2021

According to TechSci Research report “Saudi Arabia Electric Motors Market By Type, By End User, By Application,By Rating, Competition Forecast & Opportunities, 2011 – 2021”, the electric motors market in Saudi Arabia isprojected to grow at a CAGR of 8% during 2016 - 2021, on account of increasing industrialization, boominginfrastructural growth, increasing power generation and rising energy requirements in the country. Growth innumber of power plants and oil rigs, coupled with rapid commercialization and urbanization are also boostingdemand for electric motors in the Kingdom. Residential, manufacturing, commercial and real estate sectors are themajor end users for electric motors industry in Saudi Arabia.

Saudi Arabia electric motors market is dominated by AC based electric motors as these are widely used in variousapplications such as pumps, compressors, fans, etc. Few of the leading companies operating in Saudi Arabiaelectric motors market include ABB (including Baldor), Siemens, TECO Middle East, WEG, and Crompton Greaves,among others. Electric motor refurbishment / repair services market is also witnessing growth as electric motorsare being extensively employed for various applications in diverse sectors such as oil & gas, petrochemical &refining, commercial and power plants. Leading refurbishment / repair service companies operating in the Kingdominclude Alfanar Electrical Systems LLC, Saudi French Company and Ashoor Electric Motors Factory.

“Saudi Arabia electric motors market is forecast to grow in the coming years due to increasing demand from enduser segments, rising demand for energy efficient electric motors to reduce carbon emissions, coupled with rapidindustrialization in the country. Increasing power consumption, rising number of power plants and growingutilization of electric motors in various applications is anticipated to boost demand for electric motors in thecountry through 2021.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based globalmanagement consulting firm.

Page 11: Saudi arabia electric motors market 2021 brochure

S a m p l e D a t a - S n a p s h o t

111

23

45

67

89

10

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Global Electricity Generation, 2005-2014 (Terawatt Hours)

© TechSci Research

Saudi Arabia Electric Motors Market Share, By Application, By Value, 2011-2021F

50.01% 50.02% 50.03% 50.04% 50.05% 50.06% 50.07% 50.08% 50.09% 50.10% 50.11%

25.00% 25.01% 25.02% 25.03% 25.04% 25.05% 25.06% 25.07% 25.08% 25.09% 25.10%

8.00% 8.01% 8.02% 8.03% 8.04% 8.05% 8.06% 8.07% 8.08% 8.09% 8.10%

14.00% 14.01% 14.02% 14.03% 14.04% 14.05% 14.06% 14.07% 14.08% 14.09% 14.10%

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Pumps Compressor Mechanical Movement Fans

Residential, 33%

Commercial, 33%

Industrial, 34% Residential, 33%

Commercial, 33%

Industrial, 34%

Saudi Arabia Air Conditioners Market Share, By End User, By Value, 2014 & 2020F

Saudi Arabia Electric Motors Market Share, By Region, By Value, 2015 & 2021F

North & EastRegion (%)

2015 2021F

X X

Central Region (%)

2015 2021F

X X

West Region (%)

2015 2021F

X X

South Region (%)

2015 2021F

X X

Jouf

Tabuk

Hail

QuasimMadinah

Makkah

Baha

Asir

Jazan

Najran

Riyadh

25% 26% 27% 28% 29% 30% 31% 32% 33% 34% 35%30% 31% 32% 33% 34% 35% 36% 37% 38% 39% 40%40% 41% 42% 43% 44% 45% 46% 47% 48% 49%50%

39% 40% 41% 42% 43% 44% 45% 46% 47% 48% 49%

2011 2012 2013 2014 2015 2016E2017F2018F2019F2020F2021F

Southern Region Central Region

Western Region Northern & Eastern Region

Saudi Arabia Electric Motors Market Share, By Region, By Value, 2011-2021F

5 4 3 2 1

2010 2011 2012 2013 2014

Saudi Arabia Refinery Capacity, 2010-2014 (‘000 Barrels per

Calendar Day )

1 2 3 4 5 6 7 8 9 103 5 7 9 11 13 15 17 19 21

4 6 8 10 12 14 16 18 20 22

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

From Inside The Kingdom From Outside The Kingdom Total

Saudi Arabia Number of Pilgrims from the Kingdom & Outside the Kingdom, 2005-2014 (Million Persons)

12

34

5

2010 2011 2012 2013 2014

Saudi Arabia Crude Oil Production, 2010-2014

(Thousand Barrel Per day)

Residenti…

Healthcar…

Mixed …

Educatio…

Hospitality & Leisure …

Cultural , 15.00%

Commercia…

Saudi Arabia Construction Spending Share, By Sector, 2014

Page 12: Saudi arabia electric motors market 2021 brochure

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: Electric Motors Market in Saudi Arabia By Type, By End

User, By Application, By Rating, Competition Forecast &

Opportunities, 2011 – 2021

License Type Price

Electronic Access - Single User License $3000

CD-ROM Mail Delivery $3500

Hard Copy Mail Delivery $4000

Electronic Access - Multi-User License $6000

10

Page 13: Saudi arabia electric motors market 2021 brochure

A b o u t U s & D i s c l a i m e r

13

© TechSci Research

TechSci Research – North America

2950, Boundary Road, Burnaby,

British Columbia, Canada

Tel: +1- 646- 360-1656

Email: [email protected]

www.techsciresearch.com

About Us

TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyzes of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market. TechSci Research currently tracks power industry in more than 35 countries.

Reports on Energy & Power Industry

Global Fuel Cell Market Forecast and Opportunities, 2020

India Lithium-ion Batteries Market Forecast and Opportunities, 2020

India UPS Market Forecast and Opportunities, 2020

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom

Email: [email protected]

www.techsciresearch.com

TechSci Research – Asia-Pacific

A – 51, Sector -57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900

Email: [email protected]

www.techsciresearch.com