Qatar Electric Motor Market (2024-2030) | Analysis, Revenue, Companies, Outlook, Industry, Forecast, Trends, Growth, Size, Share, Value

Qatar Electric Motor Market | Country-Wise Share and Competition Analysis

In the year 2021, Germany  was the largest exporter in terms of value, followed by USA. It has registered a growth of 16.81% over the previous year. While USA registered a growth of 63.06% as compare to the previous year. In the year 2017 Germany was the largest exporter followed by Singapore. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has the Herfindahl index of 963 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of  1119 which signifies high competitiveness in the market.

Qatar Electric Motor Market - Export Market Opportunities

 

Topics Covered in the Qatar Electric Motor Market

Qatar Electric Motor Market report thoroughly covers the market by voltage, by types, by applications, and by end-users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Qatar Electric Motor Market Synopsis

Qatar Electric Motor Market presents various opportunities and challenges for industry players. Qatar has been undergoing rapid modernization in recent years. With ambitious plans for economic growth and sustainability, its government has initiated several measures to attract foreign investment and enhance local manufacturing capabilities. One key area of interest is the electric motor market, which is expected to grow significantly in the coming years. The drivers for Qatar Electric Motor Market Growth are energy efficiency, local manufacturing, and the FIFA World Cup. The challenges, however, include the lack of skilled labor, high costs, and intense competition. The emerging trends such as smart and connected motors, innovative manufacturing techniques, and renewable energy sources are shaping the industry. The prospects for electric vehicle manufacturing, local manufacturing capacities, and niche applications are also encouraging. Finally, the market size is projected to grow significantly in the coming years, indicating that Qatar’s electric motor market holds enormous potential for the future.

According to 6Wresearch, the Qatar Electric Motor Market size is witnessing growth with expected CAGR of 11.2% during the forecast period of 2020-2030. Several factors are driving the demand for electric motors in Qatar. First, there is an increasing focus on energy efficiency, which has led to a growing use of electric vehicles and renewable energy sources. Second, the government is promoting the development of local manufacturing industries, which is expected to stimulate the demand for electric motors as a key component of various applications. Despite the favorable factors, there are also challenges facing the electric motor market in Qatar. One issue is the lack of skilled labor and specialized expertise in the industry, which could impede the growth of local manufacturing. Another challenge is the high cost of electric motors compared to traditional engines, which may limit their adoption in certain applications. Additionally, the competitive landscape within the industry is becoming intense, with foreign companies entering the market and local firms facing difficulties in competing with the established players. The Qatar Electric Motor Industry is witnessing several trends that are reshaping the industry. One trend is the increasing use of smart and connected motors, which provide better performance, lower energy consumption, and remote monitoring capabilities. Another trend is the development of innovative manufacturing techniques such as additive manufacturing, which enable faster and more efficient production of electric motors. Additionally, there is a growing interest in using renewable energy sources such as solar and wind power to drive electric motors, which can help reduce the dependence on fossil fuels.

Government policies and schemes introduced in the Qatar Electric Motor Market

The electric motor market in Qatar is growing, and the government has introduced several policies and schemes to help boost the industry.

Qatar National Vision 2030:

The Qatar National Vision 2030 is a long-term development plan that includes a range of objectives, including reducing reliance on hydrocarbons and promoting sustainable growth. The electric motor industry is a key sector in this vision, with the government targeting substantial growth in this industry. The plan creates opportunities for local manufacturers and suppliers, promoting employment and economic growth in the country.

Energy Efficiency and Conservation Policy:

Introduced in 2011, the Energy Efficiency and Conservation Policy focuses on reducing energy consumption and increasing efficiency across all sectors. The policy includes several measures such as increasing the use of renewable energy, promoting energy-efficient appliances, and improving insulation in buildings. This policy has played a significant role in boosting the demand for energy-efficient electric motors in the country.

Leading players in the Qatar Electric Motor Market

The electric motor market in Qatar is competitive, with various global and local players in the market. National Motor Company, Arabian Motors Group, and Al Fanar Electrical Systems are some of the leading players in the market. These companies offer a range of electric motors, including AC motors, DC motors, and gear motors. With a focus on energy-efficient solutions, these companies are well-positioned to meet the growing demand for electric motors in the country.

Market Analysis by Types

By Types, AC motors dominate the Qatar electric motor market share with the biggest revenue share. AC motors are used in various applications, including fans, pumps, compressors, conveyor belts, and others. On the other hand, DC motors are commonly used in industries that require variable speed and torque control, such as the automotive sector. DC motors are gaining popularity in the Qatar market due to their features such as high starting torque and speed control.

Market Analysis by Voltage

According to Kapil, Senior Research Analyst, 6Wresearch, the Low Voltage segment leads the market in terms of revenue and growth. Low voltage motors run on 1000V or less and are used in various industrial and commercial applications, such as pumps, compressors, fans, and conveyors. The Medium and High Voltage segments follow closely. The growing demand for energy-efficient electric motors and the rising industrialization are driving the growth of the medium and high voltage motor segments. High voltage motors are particularly in demand in power generation and heavy industrial applications.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Qatar Electric Motor Market Outlook
• Market Size of Qatar Electric Motor Market, 2023
• Forecast of Qatar Electric Motor Market, 2030
• Historical Data and Forecast of Qatar Electric Motor Revenues & Volume for the Period 2020 - 2030
• Qatar Electric Motor Market Trend Evolution
• Qatar Electric Motor Market Drivers and Challenges
• Qatar Electric Motor Price Trends
• Qatar Electric Motor Porter's Five Forces
• Qatar Electric Motor Industry Life Cycle
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Motor Type for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Alternate Current (AC) Motor for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Direct Current (DC) Motor for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Hermetic Motor for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Voltage Range for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By 9 V & Below for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By 10-20 V for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By 21-60 V for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By 60 V & Above for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Application for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Industrial Machinery for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Motor Vehicles for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Heating, ventilating, and cooling (HVAC) equipment for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Aerospace & transportation for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Household Appliances for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Other for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Speed (RPM) for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Low-Speed Electric Motors (Less Than 1,000 RPM) for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Medium-Speed Electric Motors (1,001-25,000 RPM) for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By High-Speed Electric Motors (25,001-75,000 RPM) for the Period 2020 - 2030
• Historical Data and Forecast of Qatar Electric Motor Market Revenues & Volume By Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM) for the Period 2020 - 2030
• Qatar Electric Motor Import Export Trade Statistics
• Market Opportunity Assessment By Motor Type
• Market Opportunity Assessment By Voltage Range
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By Speed (RPM)
• Qatar Electric Motor Top Companies Market Share
• Qatar Electric Motor Competitive Benchmarking By Technical and Operational Parameters
• Qatar Electric Motor Company Profiles
• Qatar Electric Motor Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Motor Type

• Alternate Current (AC) Motor
• Direct Current (DC) Motor
• Hermetic Motor

By Voltage Range

• 9 V & Below
• 10-20 V
• 21-60 V
• 60 V & Above

By Application

• Industrial Machinery
• Motor Vehicles
• Heating
• Ventilating
• And Cooling (HVAC) Equipment
• Aerospace & Transportation
• Household Appliances
• Other

By Speed (RPM)

• Low-Speed Electric Motors (Less Than 1,000 RPM)
• Medium-Speed Electric Motors (1,001-25,000 RPM)
• High-Speed Electric Motors (25,001-75,000 RPM)
• Ultrahigh-Speed Electric Motors (Greater Than 75,001 RPM)

Qatar Electric Motor Market (2024-2030): FAQs