GCC Electric Motor Market: Analysis, Trends & Forecasts to 2022 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "GCC
Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2017-2022" report has been added to Research
and Markets' offering.
The GCC electric motor market reached a value of US$ 750 Million in 2016.
Rising fuel prices have generated a preference towards electric vehicles
which do not cause carbon emissions. Owing to this, the governments of
the GCC countries are highly supportive of electric vehicles, thereby
facilitating the market growth. Apart from this, the use for commercial
and industrial HVAC units is also rising in the region, in turn,
stimulating the demand for electric motors. Growing petrochemical
industry, expansion of industrial sector, establishment of special
economic zones along with upcoming infrastructure projects in the GCC
region have further propelling the growth prospects of the market. As a
result, the market is expected to reach a value of around US$ 1030
Million by 2022, growing at a CAGR of more than 5% during 2017-2022.
The report has segmented the GCC electric motor market on the basis of
efficiency into IE1, IE2, IE3, and IE4. Amongst these, IE2 motors hold
the largest share. The market is further categorised on the basis of
applications covering pumps and fans, compressors, and others. On the
basis of end-use, HVAC represents the largest end-use industry. Other
major end-use industries include oil and gas, food and beverage, mining,
water and utilities, and others. Within the GCC region, Saudi Arabia is
the leading market, accounting for the largest share.
Companies Mentioned
- Bayer
- Kao Corporation
- L'oreal
- Revlon, Inc.
- Unilever
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Electric Motor Market
6 Global Low Voltage Electric Motor Market
7 GCC Low Voltage Electric Motor Market
8 GCC Electric Motor (Low Voltage) Market: Performance by Efficiency
9 GCC Electric Motor (Low Voltage) Market: Performance by End-Use
Industry
10 GCC Electric Motor (Low Voltage) Market: Performance by Applications
11 GCC Electric Motor (Low Voltage) Market: Performance Of Key Regions
12 Competitive Landscape
13 Electric Motor Manufacturing Process
14 Project Details, Requirements and Costs Involved
15 Loans and Financial Assistance
16 Project Economics
17 Key Player Profiles
For more information about this report visit https://www.researchandmarkets.com/research/pnzjtv/gcc_electric
Contacts
Research and Markets
Laura Wood, Senior Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Motors