Saudi Arabia Electric Drives Market (2017-2023) | Share, Size, Analysis, Companies, Trends, Revenue, Industry, Forecast, Value, Outlook & Growth

Market Forecast by Types (AC Drives and DC Drives), Voltage (Low Voltage Drives (< 1 KV) and Medium Voltage Drives (1 KV & Above)), Power (Low Power Drives (< 40 kW), Medium Power Drives (41 - 200 kW) and High Power Drives (> 200 kW)), End-User (Oil and Gas, Petrochemical, Chemicals, and Fertilizers, Power Generation and Desalination, Water & Waste Water Management, Metals, Mining and Cement and Others), Applications (Pumps, Compressors, Extruders, Fans, Conveyors and Others), Regions (Central, Southern, Eastern, and Western) and Competitive Landscape

Product Code: ETC000379 Publication Date: Nov 2021 Updated Date: Nov 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 131 No. of Figures: 44 No. of Tables: 11

saudi arabia Electric Drives Market Shipment Analysis

Saudi Arabia Electric Drives Market Shipment Analysis registered a growth of 0.84% in value shipments in 2021 as compared to 2020 and an increase of 1.22% CAGR in 2021 over a period of 2017. In Electric Drives Market Shipment Analysis Saudi Arabia is becoming less competitive as HHI index in 2021 was 6866 while in 2017 it was 1366. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the Market Shipment Analysis while a large index number means less numbers of players or countries exporting in the Market Shipment Analysis.

Saudi Arabia has reportedly relied more on imports to meet its growing demand in Electric Drives Market Shipment Analysis. Saudi Arabia is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Electric Drives Market Shipment Analysis in 2021 was 26.19 while in 2017 it was 20.29. China, France, Germany, Brazil and Finland were among the top players of the Market Shipment Analysis in 2021, where China acquired the largest Market Shipment Analysis share of 82.53% with a shipment value of 145.13 million USD in 2022 China also offered the product below the average Market Shipment Analysis price thus having a competitive advantage over others In 2017 China had the largest Market Shipment Analysis share of 30.74% with the shipment value of 50.44 million USD. The country was offering its product with an average price which is lower than the average Market Shipment Analysis price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.

The growing petrochemical industry, expansion of the industrial sector along upcoming infrastructural projects are some of the key factors which would fuel the growth of the Saudi Arabia Electric Drives market over the next six years. Further, the expected recovery of oil prices would also increase government funding in oil & gas and petrochemical projects which would drive the demand for electric drives in the country.

According to 6Wresearch, Saudi Arabia Electric Drives market size is projected to grow at a CAGR of 5.3% during 2017-23. Though the market witnessed a decline in 2015 and 2016 and the same trend is expected in 2017 as well, however, the market is likely to improve post-2017 due to the anticipated recovery of oil prices. Changing government policies, economic diversification, expansion of automotive manufacturing as well as growth in the petrochemical industry would fuel the market for electric Drives in Saudi Arabia.

In terms of power rating, high power drives dominated the Saudi Arabia Electric Drives Market Share by revenues on account of their huge consumption in the oil & gas and petrochemical industry. Further, high power drives would continue to dominate during the forecast period. Amongst all end users, the Petrochemical, Chemicals, and Fertilizers (PCF), Oil & Gas, Water, and Utilities sectors dominated the market, where major growth is exhibited in the PCF and Water and Utilities sectors. The key players in Saudi Arabia electric Drives market include- ABB, Schneider, Siemens and Rockwell, and Danfoss.

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

Key Highlights of the Report:

• Saudi Arabia Electric Drives Market Overview
• Saudi Arabia Electric Drives Market Outlook
• Saudi Arabia Electric Drives Market Forecast
• Saudi Arabia Electric Drives Market Size and Saudi Arabia Electric Drives Market Forecast Revenues until 2023
• Historical Data of Saudi Arabia Electric Drives Market Revenues & Volume for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues & Volume until 2023.
• Historical Data of Saudi Arabia Electric Drives Market Revenues & Volume by Types for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues & Volume by Types until 2023.
• Historical Data of Saudi Arabia Electric Drives Market Revenues & Volume by Voltage for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues & Volume by Voltage until 2023. 
• Historical Data of Saudi Arabia Electric Drives Market Revenues & Volume by Power for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues & Volume by Power until 2023. 
• Historical Data of Saudi Arabia Electric Drives Market Revenues by End User for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues by End User until 2023. 
• Historical Data of Saudi Arabia Electric Drives Market Revenues by Application for the Period 2015-2016.
• Market Size & Forecast of Saudi Arabia Electric Drives Market Revenues by Application until 2023. 
• Market Drivers and Restraints.
• Saudi Arabia Electric Drives Market Trends and Developments. 
• Saudi Arabia Electric Drives Market share, by Players.
• Saudi Arabia Electric Drives Market Overview on Competitive Landscape
• Company Profiles.
• Key Strategic Pointers.

Markets Covered

The Saudi Arabia Electric Drives Market report provides a detailed analysis of the following market segments:

• By Types

    o AC Drives
    o DC Drives

• By Voltage

   o Low Voltage Drives (< 1 Kv)
    o Medium Voltage Drives (1 Kv & Above)

• By Power

    o Low Power Drives (< 40 kW)
    o Medium Power Drives (41 - 200 kW)
    o High Power Drives (> 200 kW)

• By End User

    o Oil and Gas 
    o Petrochemical, Chemicals, and Fertilizers
    o Power Generation and Desalination
    o Water & Waste Water Management
    o Metals, Mining, and Cement
    o Others (includes Food and Beverages, Paper and Pulp, etc.)

• By Applications

    o Pumps
    o Compressors
    o Extruders
    o Fans
    o Conveyors
    o Other Applications

• By Regions

    o Central
    o Southern
    o Eastern
    o Western

Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1. Executive Summary
2. Introduction
    2.1. Report Description
    2.2. Key Highlights of the Report
    2.3. Market Scope & Segmentation
    2.4. Methodology Adopted and Key Data Points
    2.5. Assumptions
3. Saudi Arabia Electric Drives Market Overview
    3.1. Saudi Arabia Electric Drives Market Revenues, 2015-2023F
    3.2. Saudi Arabia Electric Drives Market Volume, 2015-2023F
    3.3. Saudi Arabia Electric Drives Market Industry Life Cycle
    3.4. Saudi Arabia Electric Drives Market Porter's Five Forces Model
    3.5. Saudi Arabia Electric Drives Market Revenue Share, By Types, 2016 & 2023
    3.6. Saudi Arabia Electric Drives Market Revenue Share, By Voltage, 2016 & 2023
    3.7. Saudi Arabia Electric Drives Market Revenue Share, By Power, 2016 & 2023
    3.8. Saudi Arabia Electric Drives Market Revenue Share, By End User, 2016 & 2023
    3.9. Saudi Arabia Electric Drives Market Revenue Share, By Applications, 2016 & 2023
    3.10. Saudi Arabia Electric Drives Market Revenue Share, By Regions, 2016 & 2023
4. Saudi Arabia Electric Drives Market Dynamics
    4.1. Market Dynamics & Impact Analysis
    4.2. Market Drivers
    4.3. Market Restraints
5. Saudi Arabia Electric Drives Market Trends
    5.1. Internet of Things (IOT)
    5.2. Trend to prefer Energy Efficient Drives
6. Saudi Arabia Electric Drives Market, By Types
    6.1. Saudi Arabia AC Drives Market Overview
          6.1.1. Saudi Arabia AC Drives Market Revenues & Volume, 2015-2023F
          6.1.2. Saudi Arabia AC Drives Market Revenues & Volume, By Voltage, 2015-2023F
    6.2. Saudi Arabia DC Drives Market Overview
          6.2.1. Saudi Arabia DC Drives Market Revenues & Volume, 2015-2023F
          6.2.2. Saudi Arabia DC Drives Market Revenues & Volume, By Voltage, 2015-2023F
7. Saudi Arabia Electric Drives Market, By Voltage
    7.1. Saudi Arabia Low Voltage Electric Drives Market Overview
          7.1.1. Saudi Arabia Low Voltage Drives Market Revenues & Volume, 2015-2023F
          7.1.2. Saudi Arabia Low Voltage Drives Market Price Trend, 2015-2023F ($ Per Unit-ASP)
    7.2. Saudi Arabia Medium Voltage Electric Drives Market Overview
          7.2.1. Saudi Arabia Medium Voltage Drives Market Revenues & Volume, 2015-2023F
          7.2.2. Saudi Arabia Medium Voltage Drives Market Price Trend, 2015-2023F ($ Per Unit-ASP)
8. Saudi Arabia Electric Drives Market, By Power
    8.1. Saudi Arabia Low Power Electric Drives Market Overview
          8.1.1. Saudi Arabia Low Power Electric Drives Market Revenues & Volume, 2015-2023F
    8.2. Saudi Arabia Medium Power Electric Drives Market Overview
          8.2.1. Saudi Arabia Medium Power Electric Drives Market Revenues & Volume, 2015-2023F
    8.3. Saudi Arabia High Power Electric Drives Market Overview
          8.3.1. Saudi Arabia High Power Electric Drives Market Revenues & Volume, 2015-2023F
9. Saudi Arabia Electric Drives Market, By End User
    9.1. Saudi Arabia Petrochemical, Chemicals and Fertilizers Electric Drives Market Overview
          9.1.1. Saudi Arabia Petrochemical, Chemicals and Fertilizers Electric Drives Market Revenues, 2015-2023F
    9.2. Saudi Arabia Oil and Gas Electric Drives Market Overview
          9.2.1. Saudi Arabia Oil and Gas Electric Drives Market Revenues, 2015-2023F
    9.3. Saudi Arabia Power Generation and Desalination Electric Drives Market Overview
          9.3.1. Saudi Arabia Power Generation and Desalination Electric Drives Market Revenues, 2015-2023F
    9.4. Saudi Arabia Water & Waste Water Management Industry Electric Drives Market Overview
          9.4.1. Saudi Arabia Water & Waste Water Management Industry Electric Drives Market Revenues, 2015-2023F
    9.5. Saudi Arabia Metals, Mining & Cement Electric Drives Market Overview
          9.5.1. Saudi Arabia Metals, Mining & Cement Electric Drives Market Revenues, 2015-2023F
    9.6. Saudi Arabia Other End User Electric Drives Market Overview
          9.6.1. Saudi Arabia Other End User Electric Drives Market Revenues, 2015-2023F
10. Saudi Arabia Electric Drives Market, By Applications
    10.1. Saudi Arabia Pump Application Electric Drives Revenues, 2015-2023F
    10.2. Saudi Arabia Fan Application Electric Drives Revenues, 2015-2023F
    10.3. Saudi Arabia Compressor Application Electric Drives Revenues, 2015-2023F
    10.4. Saudi Arabia Conveyors Application Electric Drives Revenues, 2015-2023F
    10.5. Saudi Arabia Extruders Application Electric Drives Revenues, 2015-2023F
    10.6. Saudi Arabia Other Applications Electric Drives Revenues, 2015-2023F
11. Saudi Arabia Electric Drives Market, By Regions
    11.1. Saudi Arabia Eastern Region Electric Drives Market Revenues, 2015-2023F
    11.2. Saudi Arabia Western Region Electric Drives Market Revenues, 2015-2023F
    11.3. Saudi Arabia Central Region Electric Drives Market Revenues, 2015-2023F
    11.4. Saudi Arabia Southern Region Electric Drives Market Revenues, 2015-2023F
12. Saudi Arabia Government Spending Outlook
    12.1. Saudi Arabia Actual Government Spending vs. Actual Government Revenues, 2012-2021F
    12.2. Saudi Arabia Projected Expenditures for Financial Year 2017
13. Market Opportunity Assessment
    13.1. Saudi Arabia Market Opportunity Assessment, By End User
    13.2. Saudi Arabia Market Opportunity Assessment, By Applications
14. Competitive Landscape
    14.1. Saudi Arabia Low Voltage AC Electric Drives Market Revenue Share, By Company, 2016
    14.2. Saudi Arabia Medium Voltage AC Electric Drives Market Revenue Share, By Company, 2016
15. Company Profiles
    15.1. ABB Electrical Industries Co. Ltd.
    15.2. Siemens AG
    15.3. Schneider Electric SE
    15.4. Rockwell Automation Inc.
    15.5. Danfoss A/S
    15.6. WEG Middle East FZE
    15.7. Nidec Corporation
    15.8. CG Power Systems Belgium NV
    15.9. General Electric Company
    15.10. Eaton Corporation
16. Key Strategic Pointers
17. Disclaimer

List of Figures
1. Saudi Arabia Electric Drives Market Revenues, 2015-2023F ($ Million)
2. Saudi Arabia Electric Drives Market Volume, 2015-2023F (Thousand Units)
3. Saudi Arabia Electric Drives Market Industry Life Cycle
4. Saudi Arabia Electric Drives Market-Porters Five Forces Model
5. Saudi Arabia Electric Drives Market Revenue Share, By Types (2016 & 2023F)
6. Saudi Arabia Electric Drives Market Revenue Share, By Voltage (2016 & 2023F)
7. Saudi Arabia Electric Drives Market Revenue Share, By Power (2016 & 2023F)
8. Saudi Arabia Electric Drives Market Revenue Share, By End User (2016 & 2023F)
9. Saudi Arabia Electric Drives Market Revenue Share, By Application (2016 & 2023F)
10. Saudi Arabia Electric Drives Market Revenue Share, By Region (2016 & 2023F)
11. Saudi Arabia Value of Contracts Awarded, By Sector, Q2 2016
12. Average Brent Spot Crude Oil Price, 2012-2022F ($ per Barrel)
13. Saudi Arabia AC Drives Market Revenues & Volume, 2015-2023F ($ Million, Thousand Units)
14. Saudi Arabia DC Drives Market Revenues & Volume, 2015-2023F ($ Million, Thousand Units)
15. Saudi Arabia Low Voltage Drives Market Revenues & Volume, 2015-2023F ($ Million, Thousand Units)
16. Saudi Arabia Low Voltage Drives Market Price Trend, 2015-2023F ($ Per Unit-ASP)
17. Saudi Arabia Medium Voltage Drives Market Revenues & Volume, 2015-2023F ($ Million, 000' Units)
18. Saudi Arabia Medium Voltage Drives Market Price Trend, 2015-2023F ($ Per Unit-ASP)
19. Saudi Arabia Low Power Drives Market Revenues & Volume, 2015-2023F ($ Million, 000' Units)
20. Saudi Arabia Medium Power Drives Market Revenues & Volume, 2015-2023F ($ Million, 000' Units)
21. Saudi Arabia High Power Drives Market Revenues & Volume, 2015-2023F ($ Million, 000' Units)
22. Saudi Arabia PCF* Electric Drives Market Revenues, 2015-2023F($ Million)
23. Saudi Arabia Petrochemical capacity, 2015-2016 (Million tons per annum)
24. Saudi Arabia Oil & Gas Electric Drives Market Revenues, 2015-2023F($ Million)
25. Saudi Arabia Oil Revenues, 2012-2017E (USD Billion)
26. Saudi Arabia Power Generation and Desalination Electric Drives Market Revenues, 2015-2023F($ Million)
27. Saudi Arabia Water & Waste Water Management Electric Drives Market Revenues, 2015-2023F($ Million)
28. Saudi Arabia Metals, Mining and Cement Electric Drives Market Revenues, 2015-2023F($ Million)
29. Saudi Arabia Construction Industry Outlook (At Constant Prices), 2012-2017E
30. Saudi Arabia Other Industry Electric Drives Market Revenues, 2015-2023F($ Million)
31. Infrastructure and Industrial Projects in Projects in Saudi Arabia
32. Saudi Arabia Pump Application Electric Drives Market Revenues, 2015-2023F($ Million)
33. Saudi Arabia Pump Application Electric Drives Market Revenues, 2015-2023F($ Million)
34. Saudi Arabia Compressor Application Electric Drives Market Revenues, 2015-2023F($ Million)
35. Saudi Arabia Conveyors Application Electric Drives Market Revenues, 2015-2023F($ Million)
36. Saudi Arabia Extruders Application Electric Drives Market Revenues, 2015-2023F($ Million)
37. Saudi Arabia Other Application Electric Drives Market Revenues, 2015-2023F($ Million)
38. Saudi Arabia Electric Drives Regional Market Revenues, 2015-2023F ($ Million)
39. Saudi Arabia Actual Government Spending vs. Actual Government Revenues, 2012-2021F (USD Billion)
40. Saudi Arabia Projected Expenditures for Financial Year 2017, (USD Billion)
41. Saudi Arabia Market Opportunity Assessment, By End User, 2023F
42. Saudi Arabia Market Opportunity Assessment, By Applications, 2023F
43. Saudi Arabia Low Voltage AC Electric Drives Market Revenue Share, By Company, 2016 ($ Million)
44. Saudi Arabia Medium Voltage AC Electric Drives Market Revenue Share, By Company, 2016 ($ Million)

List of Tables
1. List of Upcoming Projects in Saudi Arabia
2. Total number of Operating Industrial Units, Total Finance, 2010 & 2016 1st Quarter
3. Saudi Arabia AC Drives Market Revenues, By Voltage, 2015-2023F ($ Million)
4. Saudi Arabia AC Drives Market Volume, By Voltage, 2015-2023F (Hundred Units)
5. Saudi Arabia DC Drives Market Revenues, By Voltage, 2015-2023F ($ Million)
6. Saudi Arabia DC Drives Market Volume By Voltage, 2015-2023F (Hundred Units)
7. Saudi Arabia Major Petrochemical Projects
8. Saudi Arabia Upcoming Oil & Gas Projects
9. Saudi Arabia Upcoming Projects
10. Saudi Arabia Water & Waste Water Upcoming Projects
11. Saudi Arabia Upcoming Water transmission projects

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