| Product Code: ETC261099 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia electric AC motors market, the import trend showed a growth rate of 4.84% from 2023 to 2024, with a compound annual growth rate (CAGR) of 12.91% for the period 2020-2024. This increase can be attributed to a steady demand shift towards energy-efficient solutions in the industrial sector.
The electric lamps and lighting equipment market in Saudi Arabia reflects the nation`s infrastructural development, urbanization, and emphasis on energy-efficient lighting solutions. With projects ranging from residential and commercial buildings to outdoor public spaces, there is a demand for innovative and sustainable lighting technologies. The market offers avenues for manufacturers to contribute to the country`s aesthetic and functional lighting requirements while considering energy conservation and environmental impact.
The Saudi Arabia electric AC motors market has been influenced by multiple drivers that underscore industrial and technological growth. The expanding industrial sector, encompassing manufacturing, oil and gas, and construction, has driven the demand for electric AC motors used in various applications. The emphasis on energy efficiency and the adoption of greener technologies have led to a shift from traditional motors to more efficient electric AC motors. Government initiatives aimed at reducing energy consumption and promoting sustainable practices have further accelerated the market`s growth. The versatility of electric AC motors and their essential role in modern industries have contributed to the market`s positive trajectory.
The electric AC motors market in Saudi Arabia encounters challenges related to energy efficiency and environmental concerns. While there is a growing demand for motors with higher energy efficiency ratings, the market must grapple with the need to balance performance, cost-effectiveness, and compliance with stringent efficiency regulations. Finding the right balance to meet these demands while maintaining competitive pricing poses a significant challenge.
The Saudi Arabia electric AC motors market witnessed significant fluctuations due to the COVID-19 pandemic. In the initial stages of the pandemic, the market experienced a sharp decline in demand as industrial activities were temporarily halted and supply chains disrupted. However, as the economy gradually reopened and adapted to the new normal, the market started recovering. The need for energy-efficient solutions to drive various industries led to a renewed interest in electric AC motors. Industries began incorporating automation and motor-driven systems to optimize operations and reduce manual labor. This shift, coupled with the government`s initiatives to promote sustainable technologies, has driven the market`s resurgence post-COVID-19.
In the electric AC motors market, global players such as Siemens, ABB, and Schneider Electric are prominent. These companies offer a wide range of electric AC motors for industrial applications and contribute to the Kingdom`s industrial growth.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Electric AC Motors Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Electric AC Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Electric AC Motors Market - Industry Life Cycle |
3.4 Saudi Arabia Electric AC Motors Market - Porter's Five Forces |
3.5 Saudi Arabia Electric AC Motors Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Electric AC Motors Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Saudi Arabia Electric AC Motors Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Saudi Arabia Electric AC Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and automation in Saudi Arabia leading to higher demand for electric AC motors |
4.2.2 Government initiatives promoting energy efficiency and sustainability, driving the adoption of electric AC motors |
4.2.3 Growth in sectors such as oil gas, manufacturing, and construction contributing to the demand for electric AC motors |
4.3 Market Restraints |
4.3.1 High initial investment required for switching to electric AC motors |
4.3.2 Lack of awareness and knowledge among end-users about the benefits of electric AC motors |
4.3.3 Challenges related to the availability of skilled labor for installation and maintenance of electric AC motors |
5 Saudi Arabia Electric AC Motors Market Trends |
6 Saudi Arabia Electric AC Motors Market, By Types |
6.1 Saudi Arabia Electric AC Motors Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Synchronous AC Motors, 2021-2031F |
6.1.4 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Induction AC Motors, 2021-2031F |
6.2 Saudi Arabia Electric AC Motors Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Integral HP Output, 2021-2031F |
6.2.3 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Fractional HP Output, 2021-2031F |
6.3 Saudi Arabia Electric AC Motors Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Industrial Machinery, 2021-2031F |
6.3.3 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Motor Vehicles, 2021-2031F |
6.3.4 Saudi Arabia Electric AC Motors Market Revenues & Volume, By HVAC Equipment, 2021-2031F |
6.3.5 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Aerospace & Transportation, 2021-2031F |
6.3.6 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Household Appliances, 2021-2031F |
6.3.7 Saudi Arabia Electric AC Motors Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Electric AC Motors Market Import-Export Trade Statistics |
7.1 Saudi Arabia Electric AC Motors Market Export to Major Countries |
7.2 Saudi Arabia Electric AC Motors Market Imports from Major Countries |
8 Saudi Arabia Electric AC Motors Market Key Performance Indicators |
8.1 Energy efficiency improvements achieved through the adoption of electric AC motors |
8.2 Number of new industrial projects incorporating electric AC motors |
8.3 Percentage of energy consumption in key sectors attributed to electric AC motors |
8.4 Adoption rate of electric AC motors in emerging sectors |
8.5 Investment in research and development for enhancing electric AC motor technology |
9 Saudi Arabia Electric AC Motors Market - Opportunity Assessment |
9.1 Saudi Arabia Electric AC Motors Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Electric AC Motors Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Saudi Arabia Electric AC Motors Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Saudi Arabia Electric AC Motors Market - Competitive Landscape |
10.1 Saudi Arabia Electric AC Motors Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Electric AC Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |