According to the latest report by IMARC Group, “UAE Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the UAE electric motor market reached a value of US$ 198 Million in 2018. An electric motor is an electro-mechanical machine that produces mechanical energy from electrical energy. It can be operated by direct current (DC) sources, such as solar cells or batteries, or by alternating current (AC) sources, which includes generators or inverters. Electric motor is extensively used in modern-day life, such as in dishwashers, blowers, cars, vacuum cleaners, computer printers, machine tools, water pumps, printing presses and many more.
On account of rising energy consumption in the region, the UAE government is planning to increase its target for power generation to more than 27 per cent by 2023. As electric motors are extensively used in the power generation, this is projected to drive the demand for electric motors in the country. Additionally, expanding applications of pumps and compressors in the desalination, water and wastewater sectors are anticipated to facilitate the electric motor market. Moreover, government initiatives aimed at promoting the adoption of electric vehicles among the consumers represents another major market driver. As a result, the market is expected to reach a value of US$ 298 Million by 2024, growing at a CAGR of around 6.2% during 2019-2024.
The report has segmented the UAE electric motor market on the basis of application. Some of its major applications are found in pumps and fans, compressors and others. The market is also segmented on the basis of end-use, covering HVAC, oil and gas, food and beverage, mining, water and utilities, and others. Based on efficiency, the market is segmented into IE2, IE3, IE1 and IE4. 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 UAE 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 UAE electric motor industry in any manner.
Key Questions Answered in This Report:
| 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 Market Breakup by Power Ratings 7.4 Market Breakup by Efficiency 7.5 Market Breakup by End Use Industry 7.6 Market Breakup by Application 7.7 Market Breakup by Region 7.8 Market Forecast 8. UAE Low Voltage Electric Motor Market 8.1 Market Overview 8.2 Market Performance 8.3 Market Breakup by Power Ratings 8.4 Market Breakup by Efficiency 8.5 Market Breakup by End Use Industry 8.6 Market Breakup by Application 8.7 Market Forecast 8.8 SWOT Analysis 8.8.1 Overview 8.8.2 Strengths 8.8.3 Weaknesses 8.8.4 Opportunities 8.8.5 Threats 8.9 Value Chain Analysis 8.9.1 Raw Material Procurement 8.9.2 Manufacturing 8.9.3 Distribution 8.9.4 Exports 8.9.5 End-Use 8.10 Porters Five Forces Analysis 8.10.1 Overview 8.10.2 Bargaining Power of Buyers 8.10.3 Bargaining Power of Suppliers 8.10.4 Degree of Competition 8.10.5 Threat of New Entrants 8.10.6 Threat of Substitutes 9. UAE Electric Motor (Low Voltage) Market: Performance by Efficiency 9.1 Standard Efficiency Electric Motors 9.1.1 Market Trends 9.1.2 Market Forecast 9.2 High Efficiency Electric Motors 9.2.1 Market Trends 9.2.2 Market Forecast 9.3 Premium Efficiency Electric Motors 9.3.1 Market Trends 9.3.2 Market Forecast 9.4 Super Premium Efficiency Electric Motors 9.4.1 Market Trends 9.4.2 Market Forecast 10. UAE Electric Motor (Low Voltage) Market: Performance by End-Use Industry 10.1 HVAC 10.1.1 Market Trends 10.1.2 Market Forecast 10.2 Oil and Gas 10.2.1 Market Trends 10.2.2 Market Forecast 10.3 Food, Beverage and Tobacco 10.3.1 Market Trends 10.3.2 Market Forecast 10.4 Mining 10.4.1 Market Trends 10.4.2 Market Forecast 10.5 Water and Utilities 10.5.1 Market Trends 10.5.2 Market Forecast 10.6 Others 10.6.1 Market Trends 10.6.2 Market Forecast 11. UAE Electric Motor (Low Voltage) Market: Performance by Applications 11.1 Pumps and Fans 11.1.1 Market Trends 11.1.2 Market Forecast 11.2 Compressors 11.2.1 Market Trends 11.2.2 Market Forecast 11.3 Other Applications 11.3.1 Market Trends 11.3.2 Market Forecast 12. Competitive Landscape 12.1 Market Structure 12.2 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 |
Global Electric Motor Market
Global Low Voltage Electric Motor Market
GCC Low Voltage Electric Motor Market
UAE Low Voltage Electric Motor Market