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1006967

GCC Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Published: | IMARC Services Private Limited | 108 Pages | Delivery time: 2-3 business days

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GCC Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026
Published: May 20, 2021
IMARC Services Private Limited
Content info: 108 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

Electric motors are devices which convert electrical energy into mechanical energy. They offer numerous advantages such as long operating life, low energy consumption, low maintenance, and high endurance for fluctuating voltages. Owing to this, electric motors form an important component of the oil and gas industries in the GCC countries which require high value and complex rotating equipment systems. Apart from this, they are used in a diverse range of devices such as dishwashers, vacuum cleaners, printing presses, smartphones, automobiles, etc. According to the latest report by IMARC Group, titled "GCC Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026", the GCC electric motor market exhibited moderate growth during 2015-2020.

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. Looking forward, IMARC Group expects the GCC electric motor market to grow at a CAGR of 4.6% during 2021-2026

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. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are ABB, Siemens, WEG Industries, NIDEC Corporation, and TECO Middle East Electrical & Machinery Co. Ltd.

This report provides a deep insight into the GCC electric motor industry covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up an electric motor manufacturing plant. The study analyses the processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the GCC electric motor industry in any manner.

Key Questions Answered in This Report:

  • How has the GCC electric motor market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the GCC electric motor industry?
  • What has been the impact of COVID-19 on the GCC electric motor industry?
  • What are the key end-use segment in the GCC electric motor industry?
  • What are the major applications in the GCC electric motor industry?
  • What are the various stages in the value chain of the GCC electric motor industry?
  • What are the key driving factors and challenges in the GCC electric motor industry?
  • What is the structure of the GCC electric motor industry and who are the key players?
  • What is the degree of competition in the GCC electric motor industry?
  • What are the profit margins in the GCC electric motor industry?
  • What are the key requirements for setting up an electric motor manufacturing plant?
  • How is electric motor manufactured?
  • What are the various unit operations involved in an electric motor manufacturing plant?
  • What is the total size of land required for setting up an electric motor manufacturing plant?
  • What are the machinery requirements for setting up an electric motor manufacturing plant?
  • What are the raw material requirements for setting up an electric motor manufacturing plant?
  • What are the packaging requirements for electric motor?
  • What are the transportation requirements for electric motor?
  • What are the utility requirements for setting up an electric motor manufacturing plant?
  • What are the manpower requirements for setting up an electric motor manufacturing plant?
  • What are the infrastructure costs for setting up an electric motor manufacturing plant?
  • What are the capital costs for setting up an electric motor manufacturing plant?
  • What are the operating costs for setting up an electric motor manufacturing plant?
  • What will be the income and expenditures for an electric motor manufacturing plant?
  • What is the time required to break-even?
Product Code: SR1020C46_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electric Motor Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Market Breakup by Product Type
  • 5.4 Market Breakup by Region
  • 5.5 Market Breakup by End Use
  • 5.6 Market Forecast

6 Global Low Voltage Electric Motor Market

  • 6.1 Market Overview
  • 6.2 Market Performance
  • 6.3 Market Breakup by Power Ratings
  • 6.4 Market Breakup by Efficiency
  • 6.5 Market Breakup by End Use Industry
  • 6.6 Market Breakup by Application
  • 6.7 Market Breakup by Region
  • 6.8 Market Forecast

7 GCC Low Voltage Electric Motor Market

  • 7.1 Market Overview
  • 7.2 Market Performance
  • 7.3 Impact of COVID-19
  • 7.4 Market Breakup by Power Ratings
  • 7.5 Market Breakup by Efficiency
  • 7.6 Market Breakup by End Use Industry
  • 7.7 Market Breakup by Application
  • 7.8 Market Breakup by Region
  • 7.9 Market Forecast
  • 7.10 SWOT Analysis
    • 7.10.1 Overview
    • 7.10.2 Strengths
    • 7.10.3 Weaknesses
    • 7.10.4 Opportunities
    • 7.10.5 Threats
  • 7.11 Value Chain Analysis
  • 7.12 Porters Five Forces Analysis
    • 7.12.1 Overview
    • 7.12.2 Bargaining Power of Buyers
    • 7.12.3 Bargaining Power of Suppliers
    • 7.12.4 Degree of Competition
    • 7.12.5 Threat of New Entrants
    • 7.12.6 Threat of Substitutes

8 GCC Electric Motor (Low Voltage) Market: Performance by Efficiency

  • 8.1 Standard Efficiency Electric Motors
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 High Efficiency Electric Motors
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Premium Efficiency Electric Motors
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Super Premium Efficiency Electric Motors
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 GCC Electric Motor (Low Voltage) Market: Performance by End-Use Industry

  • 9.1 HVAC
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Oil and Gas
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Food, Beverage and Tobacco
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Mining
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Water and Utilities
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Others
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast

10 GCC Electric Motor (Low Voltage) Market: Performance by Applications

  • 10.1 Pumps and Fans
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Compressors
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Other Uses
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast

11 GCC Electric Motor (Low Voltage) Market: Performance of Key Regions

  • 11.1 Saudi Arabia
    • 11.1.1 Market Overview
    • 11.1.2 Market Performance
    • 11.1.3 Market Breakup by Power Ratings
    • 11.1.4 Market Breakup by Efficiency
    • 11.1.5 Market Breakup by End Use Industry
    • 11.1.6 Market Breakup by Application
    • 11.1.7 Market Forecast
  • 11.2 UAE
    • 11.2.1 Market Overview
    • 11.2.2 Market Performance
    • 11.2.3 Market Breakup by Power Ratings
    • 11.2.4 Market Breakup by Efficiency
    • 11.2.5 Market Breakup by End Use Industry
    • 11.2.6 Market Breakup by Application
    • 11.2.7 Market Forecast
  • 11.3 Other Major Markets in GCC Region
    • 11.3.1 Oman
    • 11.3.2 Qatar
    • 11.3.3 Kuwait
    • 11.3.4 Bahrain

12 Competitive Landscape

  • 12.1 Market Structure
  • 12.2 Market Share of Key Players

13 Electric Motor Manufacturing Process

  • 13.1 Product Overview
  • 13.2 Detailed Process Flow
  • 13.3 Various Types of Unit Operations Involved
  • 13.4 Mass Balance and Raw Material Requirements

14 Project Details, Requirements and Costs Involved

  • 14.1 Land Requirements and Expenditures
  • 14.2 Construction Requirements and Expenditures
  • 14.3 Plant Layout
  • 14.4 Plant Machinery
  • 14.5 Machinery Pictures
  • 14.6 Raw Material Requirements and Expenditures
  • 14.7 Packaging Requirements and Expenditures
  • 14.8 Utilities Requirements and Expenditures
  • 14.9 Manpower Requirements and Expenditures
  • 14.10 Other Capital Investments

15 Loans and Financial Assistance

16 Project Economics

  • 16.1 Capital Cost of the Project
  • 16.2 Techno-Economic Parameters
  • 16.3 Product Pricing and Margins Across Various Levels of the Supply Chain
  • 16.4 Taxation and Depreciation
  • 16.5 Income Projections
  • 16.6 Expenditure Projections
  • 16.7 Financial Analysis
  • 16.8 Profit Analysis

17 Key Player Profiles

List of Figures

  • Figure 1: GCC: Electric Motor Market: Major Drivers and Challenges
  • Figure 2: Global: Electric Motor Market: Value Trends (in Billion US$), 2015-2020
  • Figure 3: Global: Electric Motor Market: Breakup by Product Type (in %), 2020
  • Figure 4: Global: Electric Motor Market: Breakup by Region (in %), 2020
  • Figure 5: Global: Electric Motor Market: Breakup by End Use (in %), 2020
  • Figure 6: Global: Electric Motor Market Forecast: Value Trends (in Billion US$), 2021-2026
  • Figure 7: Global: Low Voltage Electric Motor Market: Value Trends (in Billion US$), 2015-2020
  • Figure 8: Global: Low Voltage Electric Motor Market: Breakup by Power Ratings (in %), 2020
  • Figure 9: Global: Low Voltage Electric Motor Market: Breakup by Efficiency (in %), 2020
  • Figure 10: Global: Low Voltage Electric Motor Market: Breakup by End Use Industry (in %), 2020
  • Figure 11: Global: Low Voltage Electric Motor Market: Breakup by Application (in %), 2020
  • Figure 12: Global: Low Voltage Electric Motor Market: Breakup by Region (in %), 2020
  • Figure 13: Global: Low Voltage Electric Motor Market Forecast: Value Trends (in Billion US$), 2021-2026
  • Figure 14: GCC: Low Voltage Electric Motor Market: Value Trends (in Million US$), 2015-2020
  • Figure 15: GCC: Low Voltage Electric Motor Market: Breakup by Power Ratings (in %), 2020
  • Figure 16: GCC: Low Voltage Electric Motor Market: Breakup by Efficiency (in %), 2020
  • Figure 17: GCC: Low Voltage Electric Motor Market: Breakup by End Use Industry (in %), 2020
  • Figure 18: GCC: Low Voltage Electric Motor Market: Breakup by Application (in %), 2020
  • Figure 19: GCC: Low Voltage Electric Motor Market: Breakup by Region (in %), 2020
  • Figure 20: GCC: Low Voltage Electric Motor Market Forecast: Value Trends (in Million US$), 2021-2026
  • Figure 21: GCC: Electric Motor Industry: SWOT Analysis
  • Figure 22: GCC: Electric Motor Industry: Value Chain Analysis
  • Figure 23: GCC: Electric Motor Industry: Porter's Five Forces Analysis
  • Figure 24: GCC: Low Voltage Electric Motor Market (Standard Efficiency): Value Trends (in Million US$), 2015 & 2020
  • Figure 25: GCC: Low Voltage Electric Motor Market Forecast (Standard Efficiency): Value Trends (in Million US$), 2021-2026
  • Figure 26: GCC: Low Voltage Electric Motor Market (High Efficiency): Value Trends (in Million US$), 2015 & 2020
  • Figure 27: GCC: Low Voltage Electric Motor Market Forecast (High Efficiency): Value Trends (in Million US$), 2021-2026
  • Figure 28: GCC: Low Voltage Electric Motor Market (Premium Efficiency): Value Trends (in Million US$), 2015 & 2020
  • Figure 29: GCC: Low Voltage Electric Motor Market Forecast (Premium Efficiency): Value Trends (in Million US$), 2021-2026
  • Figure 30: GCC: Low Voltage Electric Motor Market (Super Premium Efficiency): Value Trends (in Million US$), 2015 & 2020
  • Figure 31: GCC: Low Voltage Electric Motor Market Forecast (Super Premium Efficiency): Value Trends (in Million US$), 2021-2026
  • Figure 32: GCC: Low Voltage Electric Motor Market: HVAC Applications: Value Trends (in Million US$), 2015 & 2020
  • Figure 33: GCC: Low Voltage Electric Motor Market Forecast: HVAC Applications: Value Trends (in Million US$), 2021-2026
  • Figure 34: GCC: Low Voltage Electric Motor Market: Oil and Gas Applications: Value Trends (in Million US$), 2015 & 2020
  • Figure 35: GCC: Low Voltage Electric Motor Market Forecast: Oil and Gas Applications: Value Trends (in Million US$), 2021-2026
  • Figure 36: GCC: Low Voltage Electric Motor Market: Food, Beverage and Tobacco Applications: Value Trends (in Million US$), 2015 & 2020
  • Figure 37: GCC: Low Voltage Electric Motor Market Forecast: Food, Beverage and Tobacco Applications: Value Trends (in Million US$), 2021-2026
  • Figure 38: GCC: Low Voltage Electric Motor Market: Mining Applications: Value Trends (in Million US$), 2015 & 2020
  • Figure 39: GCC: Low Voltage Electric Motor Market Forecast: Mining Applications: Value Trends (in Million US$), 2021-2026
  • Figure 40: GCC: Low Voltage Electric Motor Market: Water and Utilities Application: Value Trends (in Million US$), 2015 & 2020
  • Figure 41: GCC: Low Voltage Electric Motor Market Forecast: Water and Utilities Application: Value Trends (in Million US$), 2021-2026
  • Figure 42: GCC: Low Voltage Electric Motor Market: Other Applications: Value Trends (in Million US$), 2015 & 2020
  • Figure 43: GCC: Low Voltage Electric Motor Market Forecast: Other Applications: Value Trends (in Million US$), 2021-2026
  • Figure 44: GCC: Low Voltage Electric Motor Market (in Pumps and Fans): Value Trends (in Million US$), 2015 & 2020
  • Figure 45: GCC: Low Voltage Electric Motor Market Forecast (in Pumps and Fans): Value Trends (in Million US$),2021-2026
  • Figure 46: GCC: Low Voltage Electric Motor Market (in Compressors): Value Trends (in Million US$), 2015 & 2020
  • Figure 47: GCC: Low Voltage Electric Motor Market Forecast (in Compressors): Value Trends (in Million US$), 2021-2026
  • Figure 48: GCC: Low Voltage Electric Motor Market (Other Uses): Value Trends (in Million US$), 2015 & 2020
  • Figure 49: GCC: Low Voltage Electric Motor Market Forecast (Other Uses): Value Trends (in Million US$), 2021-2026
  • Figure 50: Saudi Arabia: Low Voltage Electric Motor Market: Value Trends (in Million US$), 2015-2020
  • Figure 51: Saudi Arabia: Low Voltage Electric Motor Market: Breakup by Power Ratings (in %), 2020
  • Figure 52: Saudi Arabia: Low Voltage Electric Motor Market: Breakup by Efficiency (in %), 2020
  • Figure 53: Saudi Arabia: Low Voltage Electric Motor Market: Breakup by End Use Industry (in %), 2020
  • Figure 54: Saudi Arabia: Low Voltage Electric Motor Market: Breakup by Application (in %), 2020
  • Figure 55: Saudi Arabia: Low Voltage Electric Motor Market Forecast: Value Trends (in Million US$), 2021-2026
  • Figure 56: UAE: Low Voltage Electric Motor Market: Value Trends (in Million US$), 2015-2020
  • Figure 57: UAE: Low Voltage Electric Motor Market: Breakup by Power Ratings (in %), 2020
  • Figure 58: UAE: Low Voltage Electric Motor Market: Breakup by Efficiency (in %), 2020
  • Figure 59: UAE: Low Voltage Electric Motor Market: Breakup by End Use Industry (in %), 2020
  • Figure 60: UAE: Low Voltage Electric Motor Market: Breakup by Application (in %), 2020
  • Figure 61: UAE: Low Voltage Electric Motor Market Forecast: Value Trends (in Million US$), 2021-2026
  • Figure 62: GCC: Electric Motor Market: Share of Key Players (in %), 2020
  • Figure 63: Electric Motor: Major Parts and Assembly Line Operations
  • Figure 64: Electric Motor Assembling: Various Types of Unit Operations Involved
  • Figure 65: AC Squirrel Cage Induction Motor Manufacturing Process: Conversion Rate of Products
  • Figure 66: DC Brushless Motor Manufacturing Process: Conversion Rate of Products
  • Figure 67: Interior Permanent Magnet Motor Manufacturing Process: Conversion Rate of Products
  • Figure 68: Electric Motors Manufacturing: Proposed Plant Layout
  • Figure 69: Electric Motors Manufacturing: Breakup of Capital Costs (in %)
  • Figure 70: Electric Motor Manufacturing: Breakup of Profit Margins at Various Level of the Supply Chain
  • Figure 71: Electric Motors Manufacturing: Breakup of Production Costs (in %)

List of Tables

  • Table 1: Global: Electric Motor Market: Key Industry Highlights, 2020 and 2026
  • Table 2: Global: Low Voltage Electric Motor Market: Key Industry Highlights, 2020 and 2026
  • Table 3: GCC: Low Voltage Electric Motor Market: Key Industry Highlights, 2020 and 2026
  • Table 4: Saudi Arabia: Low Voltage Electric Motor Market: Key Industry Highlights, 2020 and 2026
  • Table 5: UAE: Low Voltage Electric Motor Market: Key Industry Highlights, 2020 and 2026
  • Table 6: GCC: Low Voltage Electric Motor Market Forecast: Breakup by Power Rating, (in Million US$), 2021-2026
  • Table 7: GCC: Low Voltage Electric Motor Market Forecast: Breakup by Efficiency (in Million US$), 2021-2026
  • Table 8: GCC: Low Voltage Electric Motor Market Forecast: Breakup by Application (in Million US$), 2021-2026
  • Table 9: GCC: Low Voltage Electric Motor Market Forecast: Breakup by End Use (in Million US$), 2021-2026
  • Table 10: GCC: Low Voltage Electric Motor Market Forecast: Breakup by Region (in Million US$), 2021-2026
  • Table 11: GCC: Electric Motor Market: Market Structure
  • Table 12: Electric Motors Manufacturing Plant: Costs Related to Land and Site Development (in US$)
  • Table 13: Electric Motors Manufacturing Plant: Costs Related to Civil Works (in US$)
  • Table 14: Electric Motors Manufacturing Plant: Machinery Costs (in US$)
  • Table 15: Electric Motors Manufacturing Plant: Raw Material Requirements (in Units/Day)
  • Table 16: Electric Motors Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
  • Table 17: Electric Motors Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
  • Table 18: Electric Motors Manufacturing Plant: Capital Costs (in US$)
  • Table 19: Electric Motors Manufacturing Plant: Techno-Economic Parameters
  • Table 20: Electric Motor Manufacturing Plant: Taxation (in US$)
  • Table 21: Electric Motor Manufacturing Plant: Depreciation (in US$)
  • Table 22: Electric Motor Manufacturing Plant: Income Projections (in US$)
  • Table 23: Electric Motor Manufacturing Plant: Expenditure Projections (in US$)
  • Table 24: Electric Motor Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
  • Table 25: Electric Motor Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
  • Table 26: Electric Motor Manufacturing Plant: Profitability Analysis