Research and Markets (http://www.researchandmarkets.com/research/4d8xpg/saudi_arabia) has announced the addition of the "Saudi Arabia Electric Motors Market Forecast & Opportunities, 2018 - High & Low Voltage Electric Motors" report to their offering.

During the last decade, Saudi Arabia has emerged as an export hub for other gulf countries, specifically for electrical equipment. With the growing numbers of power plants, oil rigs and rapid urbanization, the electrical equipment industry has witnessed significant growth in Saudi Arabia. Electrical motors constitutes for about 15% of the total electrical equipment market in the country. Electric motors are chiefly used in pumps, compressors and mechanical movements and these application areas has further enormous usage in many industries. Furthermore, with the growth of application industries, market for electric motors is anticipated to be growing consequently.

According to Saudi Arabian Electric Motors (High & Low Voltage) Market Forecast & Opportunities, 2018, Saudi Arabian government is focusing more towards energy efficient electric motors in order to increase overall efficiency of the motors. The market for electric motors has grown at significant CAGR of around 13% during 2008-12. The market is being majorly driven by growing power consumption, resulting into increased numbers of power plants, whereas expensive high efficiency motors and lack of information about best suited motors are few of the biggest challenges for the industry. The leading companies operating in Saudi Arabia electric motors market are TECO Middle East, ABB, WEG, Siemens, Hyundai, and ATCO Electrical.

Saudi Arabia Electric Motors (High & Low Voltage) Market Forecast & Opportunities, 2018 discusses the following aspects of electric motors market in Saudi Arabia:

- Saudi Arabia Electric Motors Market Size, Share & Forecast

- Segmental Analysis - High & Low Voltage Electric Motors

- Policy & Regulatory Landscape

- Changing Market Trends & Emerging Opportunities

- Competitive Landscape & Strategic Recommendations

Companies Mentioned:

- A.A Turki Group (ATCO)

- ABB Electrical Industries Co. Ltd.

- Ashoor Electric Motor

- Crompton Greaves Ltd.

- Saudi French Company

- TECO Middle East Electrical and Machinery Co. Ltd.

- WEG Middle East Fze.

For more information visit http://www.researchandmarkets.com/research/4d8xpg/saudi_arabia

About Research and Markets

Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Manufacturing and Industry