
Saudi Arabia Low Voltage Electric Motor Market Report and Forecast 2025-2034
Description
The Saudi Arabia low voltage electric motor market is aided by the growth of the overall electric motor market is the country, which reached a value of around USD 638.62 Million in 2024 and is expected to grow at a CAGR of 8.90% over the forecast period of 2025-2034. The Saudi Arabia electric motor market is further expected to attain a value of around USD 1498.03 Million by 2034 .
The market is being driven by the rapid urbanisation and growing industrialisation within the region. Ongoing and upcoming projects in the region, which include the development of megacities and improvement of infrastructure, among others, are driving the product demand owing to its highly efficient nature.
The HVAC segment, among other applications, dominates the industry, followed by oil and gas, food and beverage, mining, and water and utilities. The Saudi Arabia low voltage electric motor market report also highlights that the pumps and fans segment, among other end-use sectors, leads the industry, followed by compressors. The growing government investment in the region is expected to drive the industry growth over the forecast period.
Market Segmentation
Low voltage electric motor is an electro-mechanical device utilised for converting electrical energy into mechanical energy. These motors can be found in many electronic parts, forming an integral component of devices including compressors, pumps, fans, disk drives, electric cars, and others, which are further used in the manufacturing, residential, real estate, and commercial sectors.
Based on efficiency, the market is divided into the following segments:
The low voltage electric motor market in Saudi Arabia is being driven by the growing economy and increased construction activities within the region. The upcoming projects like NEOM and Saudi Vision 2030 are leading to increased energy requirements within the region, thus, propelling the industry growth. The demand for low voltage electric motor is growing as it consumes low energy and offers a longer operating life with improved endurance for fluctuating voltages. The growing awareness regarding the energy wastage in the region is leading to the adoption of energy-efficient products, which is aiding the industry growth.
As electric motors are used as a component in pumps, fans, and others, which are further utilised in HVAC systems, the growing demand for HVAC will provide a boost to the industry. The increasing preference of HVAC is the result of extreme climatic conditions in the region, thereby propelling the growth of the electric motors market. Increased government expenditure and new policies to support the establishment of new industries are leading to the development of industrial and infrastructural activities, thus, contributing to the market growth in Saudi Arabia. The rapid advancement in technology and its rising acceptance in the region are expected to further aid the industry growth over the forecast period.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The comprehensive report covers the macro and micro aspects of the market, along with providing an overview of the global and GCC markets.
The market is being driven by the rapid urbanisation and growing industrialisation within the region. Ongoing and upcoming projects in the region, which include the development of megacities and improvement of infrastructure, among others, are driving the product demand owing to its highly efficient nature.
The HVAC segment, among other applications, dominates the industry, followed by oil and gas, food and beverage, mining, and water and utilities. The Saudi Arabia low voltage electric motor market report also highlights that the pumps and fans segment, among other end-use sectors, leads the industry, followed by compressors. The growing government investment in the region is expected to drive the industry growth over the forecast period.
Market Segmentation
Low voltage electric motor is an electro-mechanical device utilised for converting electrical energy into mechanical energy. These motors can be found in many electronic parts, forming an integral component of devices including compressors, pumps, fans, disk drives, electric cars, and others, which are further used in the manufacturing, residential, real estate, and commercial sectors.
Based on efficiency, the market is divided into the following segments:
- Standard Efficiency
- High Efficiency
- Premium Efficiency
- Super Premium Efficiency
- HVAC
- Oil and Gas
- Food, Beverage, and Tobacco
- Mining
- Water and Utilities
- Others
- Pumps and Fans
- Compressors
- Others
The low voltage electric motor market in Saudi Arabia is being driven by the growing economy and increased construction activities within the region. The upcoming projects like NEOM and Saudi Vision 2030 are leading to increased energy requirements within the region, thus, propelling the industry growth. The demand for low voltage electric motor is growing as it consumes low energy and offers a longer operating life with improved endurance for fluctuating voltages. The growing awareness regarding the energy wastage in the region is leading to the adoption of energy-efficient products, which is aiding the industry growth.
As electric motors are used as a component in pumps, fans, and others, which are further utilised in HVAC systems, the growing demand for HVAC will provide a boost to the industry. The increasing preference of HVAC is the result of extreme climatic conditions in the region, thereby propelling the growth of the electric motors market. Increased government expenditure and new policies to support the establishment of new industries are leading to the development of industrial and infrastructural activities, thus, contributing to the market growth in Saudi Arabia. The rapid advancement in technology and its rising acceptance in the region are expected to further aid the industry growth over the forecast period.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The comprehensive report covers the macro and micro aspects of the market, along with providing an overview of the global and GCC markets.
Table of Contents
106 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Electric Motor Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Electric Motor Historical Market (2018-2024)
- 5.3 Global Electric Motor Market Forecast (2025-2034)
- 5.4 Global Electric Motor Market by Product Type
- 5.5 Global Electric Motor Market by Application
- 5.6 Global Electric Motor Market by Region
- 5.6.1 North America
- 5.6.2 Europe
- 5.6.3 Asia Pacific
- 5.6.4 Latin America
- 5.6.5 Middle East and Africa
- 6 Global Low Voltage Electric Motor Market Overview
- 6.1 Key Industry Highlights
- 6.2 Global Low Voltage Electric Motor Historical Market (2018-2024)
- 6.3 Global Low Voltage Electric Motor Market Forecast (2025-2034)
- 6.4 Global Low Voltage Electric Motor Market by Power Rating
- 6.5 Global Low Voltage Electric Motor Market by Efficiency
- 6.6 Global Low Voltage Electric Motor Market by Application
- 6.7 Global Low Voltage Electric Motor Market by End Use
- 6.8 Global Low Voltage Electric Motor Market by Region
- 6.8.1 North America
- 6.8.2 Europe
- 6.8.3 Asia Pacific
- 6.8.4 Latin America
- 6.8.5 Middle East and Africa
- 7 GCC Low Voltage Electric Motor Market Overview
- 7.1 Key Industry Highlights
- 7.2 GCC Low Voltage Electric Motor Historical Market (2018-2024)
- 7.3 GCC Low Voltage Electric Motor Market Forecast (2025-2034)
- 7.4 GCC Low Voltage Electric Motor Market by Power Rating
- 7.5 GCC Low Voltage Electric Motor Market by Efficiency
- 7.6 GCC Low Voltage Electric Motor Market by Application
- 7.7 GCC Low Voltage Electric Motor Market by End Use
- 7.8 GCC Low Voltage Electric Motor Market by Country
- 8 Saudi Arabia Low Voltage Electric Motor Market Analysis
- 8.1 Key Industry Highlights
- 8.2 Saudi Arabia Low Voltage Electric Motor Historical Market (2018-2024)
- 8.3 Saudi Arabia Low Voltage Electric Motor Market Forecast (2025-2034)
- 8.4 Saudi Arabia Low Voltage Electric Motor Market by Efficiency
- 8.4.1 Standard Efficiency Electric Motors
- 8.4.1.1 Historical Trend (2018-2024)
- 8.4.1.2 Forecast Trend (2025-2034)
- 8.4.2 High Efficiency Electric Motors
- 8.4.2.1 Historical Trend (2018-2024)
- 8.4.2.2 Forecast Trend (2025-2034)
- 8.4.3 Premium Efficiency Electric Motors
- 8.4.3.1 Historical Trend (2018-2024)
- 8.4.3.2 Forecast Trend (2025-2034)
- 8.4.4 Super Premium Efficiency Electric Motors
- 8.4.4.1 Historical Trend (2018-2024)
- 8.4.4.2 Forecast Trend (2025-2034)
- 8.5 Saudi Arabia Low Voltage Electric Motor Market by Application
- 8.5.1 HVAC
- 8.5.1.1 Historical Trend (2018-2024)
- 8.5.1.2 Forecast Trend (2025-2034)
- 8.5.2 Oil and Gas
- 8.5.2.1 Historical Trend (2018-2024)
- 8.5.2.2 Forecast Trend (2025-2034)
- 8.5.3 Food, Beverage, and Tobacco
- 8.5.3.1 Historical Trend (2018-2024)
- 8.5.3.2 Forecast Trend (2025-2034)
- 8.5.4 Mining
- 8.5.4.1 Historical Trend (2018-2024)
- 8.5.4.2 Forecast Trend (2025-2034)
- 8.5.5 Water and Utilities
- 8.5.5.1 Historical Trend (2018-2024)
- 8.5.5.2 Forecast Trend (2025-2034)
- 8.5.6 Others
- 8.6 Saudi Arabia Low Voltage Electric Motor Market by End Use
- 8.6.1 Pumps and Fans
- 8.6.1.1 Historical Trend (2018-2024)
- 8.6.1.2 Forecast Trend (2025-2034)
- 8.6.2 Compressors
- 8.6.2.1 Historical Trend (2018-2024)
- 8.6.2.2 Forecast Trend (2025-2034)
- 8.6.3 Others
- 9 Market Dynamics
- 9.1 SWOT Analysis
- 9.1.1 Strengths
- 9.1.2 Weaknesses
- 9.1.3 Opportunities
- 9.1.4 Threats
- 9.2 Porter’s Five Forces Analysis
- 9.2.1 Supplier’s Power
- 9.2.2 Buyers Power
- 9.2.3 Threat of New Entrants
- 9.2.4 Degree of Rivalry
- 9.2.5 Threat of Substitutes
- 9.3 Key Indicators for Demand
- 9.4 Key Indicators for Price
- 10 Value Chain Analysis
- 11 Manufacturing Process
- 11.1 Detailed Process Flow
- 11.2 Operations Involved
- 11.3 Mass Balance
- 12 Project Details and Cost Analysis
- 12.1 Land, Location and Site Development
- 12.2 Construction
- 12.3 Plant Layout
- 12.4 Plant Machinery
- 12.5 Raw Material Requirement
- 12.6 Packaging
- 12.7 Transportation
- 12.8 Utilities
- 12.9 Manpower
- 12.10 Other Capital Investment
- 13 Loans and Financial Assistance
- 14 Project Economics
- 14.1 Capital Cost of Project
- 14.2 Techno-Economic Parameters
- 14.3 Product Pricing and Margins
- 14.4 Taxation and Depreciation
- 14.5 Income Projections
- 14.6 Expenditure Projections
- 14.7 Financial Analysis
- 15 Competitive Landscape
- 15.1 Supplier Selection
- 15.2 Key Global Players
- 15.3 Key Regional Players
- 15.4 Key Player Strategies
- 15.5 Company Profiles
Pricing
Currency Rates
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