The "UAE Electric Motor Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022" report has been added to Research and Markets' offering.
The UAE electric motor market reached a value of around US$ 185 Million in 2016. The market is expected to reach a value of US$ 265 million by 2022, growing at a CAGR of around 6.2% during 2017-2022.
On account of rising energy consumption in the region, the UAE government is planning to increase its target for power generation to 27 per cent by 2021. As electric motors are extensively used in the power generation, this is projected to drive the demand for electric motors in the country.
Additionally, expanding applications of pumps and compressors in the desalination, water and wastewater sectors are anticipated to facilitate the electric motor market.
Moreover, government initiatives aimed at promoting the adoption of electric vehicles among the consumers represents another major market driver.
Key Questions Answered in This Report:
- How has the UAE electric motor market performed so far and how will it perform in the coming years?
- What are the key end-use segment in the UAE electric motor industry?
- What are the major applications in the UAE electric motor industry?
- What are the price trends of electric motors?
- What are the various stages in the value chain of the UAE electric motor industry?
- What are the key driving factors and challenges in the UAE electric motor industry?
- What is the structure of the UAE electric motor industry and who are the key players?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
5 Global Electric Motor Market
6 Global Low Voltage Electric Motor Market
7 GCC Low Voltage Electric Motor Market
8 UAE Low Voltage Electric Motor Market
9 UAE Electric Motor (Low Voltage) Market: Performance by Efficiency
10 UAE Electric Motor (Low Voltage) Market: Performance by End-Use Industry
11 UAE Electric Motor (Low Voltage) Market: Performance by Applications
12 Competitive Landscape
13 Electric Motor Manufacturing Process
14 Project Details, Requirements and Costs Involved
15 Loans and Financial Assistance
16 Project Economics
17 Key Player Profiles
- ABB
- Siemens
- WEG Industries
- NIDEC Corp
- TECO Middle East Electrical & Machinery
For more information about this report visit https://www.researchandmarkets.com/research/j76k5n/uae_electric?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180104005550/en/