PUBLISHER: Market Research Future | PRODUCT CODE: 1727721
PUBLISHER: Market Research Future | PRODUCT CODE: 1727721
Report Informationon Middle East Three Phase Induction Motors Market Research Report By Power Output (0.09 to 45 KW, 46 KW to 90 KW, 91 KW to 150 KW, 151 KW to 250 KW, >250 KW to, and 1 MW and Above), By Voltage (400/415/440 V, 690 V, 3300 V, 4160 V, 6600 V, 11000 V, and 138000 V), By End Use (Water & Wastewater, Oil & Gas, Water & Wastewater, Cement, Chemicals, and Others) Forecast to 2032
Over the course of the assessment year, the Middle East Three Phase Induction Motors Market is expected to grow at a robust CAGR of 7.1%. The Middle East's need for three-phase induction motors is primarily driven by the oil and gas industry, which depends heavily on dependable and durable equipment for upstream, midstream, and downstream activities. These motors are preferred because of their effectiveness, robustness, and low maintenance needs, which make them ideal for the harsh conditions of the area, which include high temperatures and dust. Three-phase induction motors are important for powering drills, compressors, pumps, and other vital equipment in upstream operations like drilling and extraction. They enable the effective long-distance pipeline transportation of substantial amounts of gas and oil during midstream activities. These motors are also used in the downstream industry for refining operations, where reliable, high-performing equipment is required to sustain continuous production. Additionally, driven by national diversification programs like Saudi Arabia's Vision 2030 and the demand for energy worldwide, regional governments and businesses are investing in the improvement of oil and gas infrastructure. The demand for sophisticated three-phase motors is being further fueled by this increase in expenditure, as companies look for solutions that provide a balance between cost and energy efficiency.
Segmentation of the Market
The market for three-phase induction motors in the Middle East has been divided into segments based on power output: 0.09 to 45 KW, 46 KW to 90 KW, 91 KW to 150 KW, 151 KW to 250 KW, >250 KW to, and 1 MW and Above.
The market has been divided into segments based on voltage: 400/415/440 V, 690 V, 3300 V, 4160 V, 6600 V, 11000 V, and 138000 V.
The market for three-phase induction motors in the Middle East has been divided into many segments based on the end-use industry: cement, chemicals, water and wastewater, oil and gas, and others.
The market for three-phase induction motors in the Middle East has been divided into several segments based on their respective applications: pumps, fans, blowers, compressors, conveyors, and others.
Analysis by Region
The Middle East market for three-phase induction motors has been divided into the following countries: the United Arab Emirates, Oman, Kuwait, Bahrain, Qatar, Saudi Arabia, Egypt, Pakistan, and the rest of the Middle East. With a 33.25% market share in 2023, the Saudi Arabian nation led the market in terms of value and is anticipated to grow at a compound annual growth rate (CAGR) of 7.5% during the forecast period.
The need for three-phase induction motors in the region is also significantly fueled by Saudi Arabia's fast demographic and economic growth. By 2030, the population is expected to increase from 35 million to 40.1 million, placing more strain on the nation's finite natural water supplies.
ABB, WEG, TECO-Westinghous, WAT Motor Sanayi ve Ticaret A.S., FELM S.R.L, GE Vernova, Nidec, Fuji Electric Co., Ltd., Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), Rockwell Automation, Siemens AG, Mitsubishi Electric Corporation, HD Hyundai Electric Co Ltd, Regal Rexnord Corporation, and Innomotics are the leading companies in the Middle East market for three-phase induction motors.