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Report Overview

The Saudi Arabia low voltage electric motor market is aided by the growth of the overall electric motor market is the country, which reached a value of around USD 638.62 Million in 2024 and is expected to grow at a CAGR of 8.90% over the forecast period of 2025-2034. The Saudi Arabia electric motor market is further expected to attain a value of around USD 1498.03 Million by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Million

8.9%

2025-2034


Saudi Arabia Low Voltage Electric Motor Market Outlook

*this image is indicative*

The market is being driven by the rapid urbanisation and growing industrialisation within the region. Ongoing and upcoming projects in the region, which include the development of megacities and improvement of infrastructure, among others, are driving the product demand owing to its highly efficient nature.

The HVAC segment, among other applications, dominates the industry, followed by oil and gas, food and beverage, mining, and water and utilities. The Saudi Arabia low voltage electric motor market report also highlights that the pumps and fans segment, among other end-use sectors, leads the industry, followed by compressors. The growing government investment in the region is expected to drive the industry growth over the forecast period.

Market Segmentation

Low voltage electric motor is an electro-mechanical device utilised for converting electrical energy into mechanical energy. These motors can be found in many electronic parts, forming an integral component of devices including compressors, pumps, fans, disk drives, electric cars, and others, which are further used in the manufacturing, residential, real estate, and commercial sectors.

Based on efficiency, the market is divided into the following segments:

  • Standard Efficiency 
  • High Efficiency 
  • Premium Efficiency 
  • Super Premium Efficiency

On the basis of application, the industry is segmented into:

  • HVAC
  • Oil and Gas
  • Food, Beverage, and Tobacco
  • Mining
  • Water and Utilities
  • Others

On the basis of end uses, the industry is further categorised into:

  • Pumps and Fans
  • Compressors
  • Others

Saudi Arabia Low Voltage Electric Motor Market By Application

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Market Analysis

The low voltage electric motor market in Saudi Arabia is being driven by the growing economy and increased construction activities within the region. The upcoming projects like NEOM and Saudi Vision 2030 are leading to increased energy requirements within the region, thus, propelling the industry growth. The demand for low voltage electric motor is growing as it consumes low energy and offers a longer operating life with improved endurance for fluctuating voltages. The growing awareness regarding the energy wastage in the region is leading to the adoption of energy-efficient products, which is aiding the industry growth.

As electric motors are used as a component in pumps, fans, and others, which are further utilised in HVAC systems, the growing demand for HVAC will provide a boost to the industry. The increasing preference of HVAC is the result of extreme climatic conditions in the region, thereby propelling the growth of the electric motors market. Increased government expenditure and new policies to support the establishment of new industries are leading to the development of industrial and infrastructural activities, thus, contributing to the market growth in Saudi Arabia. The rapid advancement in technology and its rising acceptance in the region are expected to further aid the industry growth over the forecast period.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The comprehensive report covers the macro and micro aspects of the market, along with providing an overview of the global and GCC markets.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Saudi Arabia low voltage electric motor market is driven by the overall growth of the electric motor industry is the country, which reached a value of nearly USD 638.62 Million in 2024.

The market is expected to grow at a CAGR of 8.90% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034, to reach around USD 1498.03 Million by 2034.

The major drivers of the market are rising disposable incomes, increasing population, rising energy demand, and increasing development of megacities and improvements of infrastructure.

Increasing demand from HVAC applications, improved efficiency of low voltage electric motors, and rising number of ongoing and upcoming projects in the country are the major trends of the market.

The various efficiencies of low voltage electric motors in the market are standard efficiency electric motors, high efficiency electric motors, premium efficiency electric motors, and super premium efficiency electric motors.

HVAC, oil and gas, food, beverage, and tobacco, mining, and water and utilities, among others, are the leading applications in the market.

The primary end uses of the Saudi Arabia low voltage electric motor market are pumps and fans, and compressors, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Efficiency
  • Application
  • End Use
Breakup by Efficiency
  • Standard Efficiency Electric Motors
  • High Efficiency Electric Motors
  • Premium Efficiency Electric Motors
  • Super Premium Efficiency Electric Motors
Breakup by Application
  • HVAC
  • Oil and Gas
  • Food, Beverage, and Tobacco
  • Mining
  • Water and Utilities
  • Others
Breakup by End Use
  • Pumps and Fans
  • Compressors
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

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