Middle East and Africa Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation
Description
Middle East and Africa Electric DC Motor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Brushed DC Motors and Brushless DC Motors), Speed (Low, Medium, and High), and Application (Industrial Machinery, Automotive & Transportation, HVAC Equipment, Aerospace & Defense, Household Appliances, and Others)
The Middle East & Africa electric DC motor market is expected to reach US$ 843.13 million by 2028 from US$ 524.91 million in 2021. The market is estimated to grow at a CAGR of 7.0% from 2021 to 2028.
With substantial advancements in electric car technology, the global automobile industry is shifting toward electric mobility. The demand for electric vehicles is fueled by advancements in battery technology that lower battery costs and boost charging speed. Moreover, government assistance such as tax exemptions and incentives to promote environmentally friendly transportation is likely to promote the demand for brushless DC motors. According to the International Energy Agency (IEA), global electric car sales accounted for 7.2 million in 2019, surpassing 2018’s record of 5.1 million. Similarly, according to the agency, in 2019, electric cars accounted for 2.6% of global car sales and around 1% of global car stock, representing a 40% raise every year. Electric vehicles are becoming popular, owing to technological advancements in electric two/three-wheelers, buses, and trucks. Due to the rising demand for electric vehicles, car manufacturers are focusing on producing and stocking electric automobiles.
Middle East & Africa Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Electric DC Motor Market Segmentation
By Type
Brushed DC Motors Brushless DC Motors
By Speed
Low Medium High
By Application
Industrial Machinery Automotive and Transportation HVAC Equipment Aerospace & Defense Household Appliances Others
By Country
Middle East & Africa South Africa Saudi Arabia UAE Rest of MEA
Companies Mentioned
ABB Ltd AMETEK Inc. Yaskawa Electric Corporation Johnson Electric Holdings Limited Siemens AG Regal Rexnord Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa Electric DC Motor Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Middle East and Africa Electric DC Motor Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The Middle East & Africa electric DC motor market is expected to reach US$ 843.13 million by 2028 from US$ 524.91 million in 2021. The market is estimated to grow at a CAGR of 7.0% from 2021 to 2028.
With substantial advancements in electric car technology, the global automobile industry is shifting toward electric mobility. The demand for electric vehicles is fueled by advancements in battery technology that lower battery costs and boost charging speed. Moreover, government assistance such as tax exemptions and incentives to promote environmentally friendly transportation is likely to promote the demand for brushless DC motors. According to the International Energy Agency (IEA), global electric car sales accounted for 7.2 million in 2019, surpassing 2018’s record of 5.1 million. Similarly, according to the agency, in 2019, electric cars accounted for 2.6% of global car sales and around 1% of global car stock, representing a 40% raise every year. Electric vehicles are becoming popular, owing to technological advancements in electric two/three-wheelers, buses, and trucks. Due to the rising demand for electric vehicles, car manufacturers are focusing on producing and stocking electric automobiles.
Middle East & Africa Electric DC Motor Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Electric DC Motor Market Segmentation
By Type
Brushed DC Motors Brushless DC Motors
By Speed
Low Medium High
By Application
Industrial Machinery Automotive and Transportation HVAC Equipment Aerospace & Defense Household Appliances Others
By Country
Middle East & Africa South Africa Saudi Arabia UAE Rest of MEA
Companies Mentioned
ABB Ltd AMETEK Inc. Yaskawa Electric Corporation Johnson Electric Holdings Limited Siemens AG Regal Rexnord Corporation
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East and Africa Electric DC Motor Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in Middle East and Africa Electric DC Motor Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
118 Pages
- 1. Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Middle East and Africa Electric DC Motors Market- Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. Middle East and Africa Electric DC Motors Market Landscape
- 4.1 Market Overview
- 4.2 PEST Analysis
- 4.2.1 MEA - PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 4.5 Premium Insights
- 4.5.1 Brushless DC Motor in Automotive Application
- 4.5.2 Brushed DC Motor in Automotive Application
- 4.5.3 Prominent Players Operating in Brushed and Brushless DC Motor in Automotive Application
- 5. Middle East and Africa Electric DC Motors Market - Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Increasing Demand for HVAC Systems
- 5.1.2 Rising Adoption of Brushless DC Motor
- 5.2 Market Restraints
- 5.2.1 Low-Quality and Inexpensive Electric DC Motors
- 5.3 Market Opportunities
- 5.3.1 Adoption of Brushless DC Motors in Manufacturing of Electric Vehicle
- 5.4 Future Trends
- 5.4.1 Growing Penetration of Industrial Automation
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Middle East and Africa Electric DC Motors- Country Market Analysis
- 6.1 Overview
- 6.2 Middle East and Africa Electric DC Motors Market Forecast and Analysis
- 7. Middle East and Africa Electric DC Motors Market Analysis - by Type
- 7.1 Overview
- 7.2 Middle East and Africa Electric DC Motors Market, By Type (2020 and 2028)
- 7.3 Brushed DC Motor
- 7.3.1 Overview
- 7.3.2 Brushed DC Motor: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 7.4 Brushless DC Motor
- 7.4.1 Overview
- 7.4.2 Brushless DC Motor: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8. Middle East and Africa Electric DC Motors Market Analysis - by Speed
- 8.1 Overview
- 8.2 Middle East and Africa Electric DC Motors Market, by Speed (2020 and 2028)
- 8.3 Low Speed (Less Than 1,000 rpm)
- 8.3.1 Overview
- 8.3.2 Low Speed : Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8.4 Medium Speed (1,001 to 25,000 rpm)
- 8.4.1 Overview
- 8.4.2 Medium Speed: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 8.5 High Speed (Above 25,000)
- 8.5.1 Overview
- 8.5.2 High Speed: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9. Middle East and Africa Electric DC Motors Market Analysis - by Application
- 9.1 Overview
- 9.2 Middle East and Africa Electric DC Motors Market, by Application (2020 and 2028)
- 9.3 Industrial Machinery
- 9.3.1 Overview
- 9.3.2 Industrial Machinery: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.4 Automotive and Transportation
- 9.4.1 Overview
- 9.4.2 Automotive and Transportation: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.5 HVAC Equipment
- 9.5.1 Overview
- 9.5.2 HVAC Equipment: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.6 Aerospace and Defense
- 9.6.1 Overview
- 9.6.2 Aerospace and Defense: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.7 Household Appliances
- 9.7.1 Overview
- 9.7.2 Household Appliances: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10. Middle East and Africa Electric DC Motors Market -Country Analysis
- 10.1 Overview
- 10.2 MEA: Middle East and Africa Electric DC Motors Market
- 10.2.1 MEA: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.2 South Africa: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.2.1 South Africa: Middle East and Africa Electric DC Motors Market, By Type
- 10.2.2.2 South Africa: Middle East and Africa Electric DC Motors Market, by Speed
- 10.2.2.3 South Africa: Middle East and Africa Electric DC Motors Market, by Application
- 10.2.3 Saudi Arabia: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.3.1 Saudi Arabia: Middle East and Africa Electric DC Motors Market, By Type
- 10.2.3.2 Saudi Arabia: Middle East and Africa Electric DC Motors Market, by Speed
- 10.2.3.3 Saudi Arabia: Middle East and Africa Electric DC Motors Market, by Application
- 10.2.4 UAE: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.4.1 UAE: Middle East and Africa Electric DC Motors Market, By Type
- 10.2.4.2 UAE: Middle East and Africa Electric DC Motors Market, by Speed
- 10.2.4.3 UAE: Middle East and Africa Electric DC Motors Market, by Application
- 10.2.5 Rest of MEA: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- 10.2.5.1 Rest of MEA: Middle East and Africa Electric DC Motors Market, By Type
- 10.2.5.2 Rest of MEA: Middle East and Africa Electric DC Motors Market, by Speed
- 10.2.5.3 Rest of MEA: Middle East and Africa Electric DC Motors Market, by Application
- 11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 12. Company Profiles
- 12.1 ABB Ltd
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 AMETEK Inc.
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Yaskawa Electric Corporation
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Johnson Electric Holdings Limited
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Siemens AG
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Regal Rexnord Corporation
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 13. Appendix
- 13.1 About The Insight Partners
- 13.2 Glossary
- List of Tables
- Table 1. MEA: Middle East and Africa Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 2. MEA: Middle East and Africa Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 3. MEA: Middle East and Africa Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 4. South Africa: Middle East and Africa Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 5. South Africa: Middle East and Africa Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 6. South Africa: Middle East and Africa Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 7. Saudi Arabia: Middle East and Africa Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 8. Saudi Arabia: Middle East and Africa Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 9. Saudi Arabia: Middle East and Africa Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 10. UAE: Middle East and Africa Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 11. UAE: Middle East and Africa Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 12. UAE: Middle East and Africa Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of MEA: Middle East and Africa Electric DC Motors Market, By Type- Revenue and Forecast to 2028 (US$ Million)
- Table 14. Rest of MEA: Middle East and Africa Electric DC Motors Market, by Speed - Revenue and Forecast to 2028 (US$ Million)
- Table 15. Rest of MEA: Middle East and Africa Electric DC Motors Market, by Application - Revenue and Forecast to 2028 (US$ Million)
- Table 16. Glossary of terms, Electric DC Motors market
- List of Figures
- Figure 1. Middle East and Africa Electric DC Motors Market segmentation
- Figure 2. Middle East and Africa Electric DC Motors Market Overview
- Figure 3. Brushless DC Motor Held the Highest Share in Middle East and Africa Electric DC Motors Market in 2020
- Figure 4. Middle East and Africa Electric DC Motors Market, by Country
- Figure 5. MEA - PEST Analysis
- Figure 6. Middle East and Africa Electric DC Motors Market - Ecosystem Analysis
- Figure 7. Expert Opinion
- Figure 8. Middle East and Africa Electric DC Motor Market: Impact Analysis of Drivers and Restraints
- Figure 9. Middle East and Africa Electric DC Motors Market
- Figure 10. Middle East and Africa Electric DC Motors Market Forecast and Analysis, (US$ Mn)
- Figure 11. Middle East and Africa Electric DC Motors Market Revenue Share, by Type (2020 and 2028)
- Figure 12. Brushed DC Motor: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 13. Brushless DC Motor: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 14. Middle East and Africa Electric DC Motors Market Revenue Share, by Speed (2020 and 2028)
- Figure 15. Low Speed : Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 16. Medium Speed : Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 17. High Speed: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 18. Middle East and Africa Electric DC Motors Market Revenue Share, by Application (2020 and 2028)
- Figure 19. Industrial Machinery: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 20. Automotive and Transportation: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 21. HVAC Equipment: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Aerospace and Defense: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Household Appliances: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 24. Others: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Middle East and Africa Electric DC Motors Market Revenue Share, By Region (2021 & 2028)
- Figure 26. MEA: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 27. South Africa: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 28. Saudi Arabia: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 29. UAE: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
- Figure 30. Rest of MEA: Middle East and Africa Electric DC Motors Market - Revenue and Forecast to 2028 (US$ Million)
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