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The UAE electric motor market was valued at US$ 22.5 Million in 2020.
We expect the UAE electric motor market to exhibit a CAGR of around 7% during 2021-2026.
Rapid industrialization, along with the increasing demand for high-efficiency electric motors, are some of the factors catalyzing the UAE electric motor market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations in the UAE resulting in temporary halt in the manufacturing processes and disrupted supply chains for electric motors.
Based on the efficiency, the UAE electric motor market can be segmented into standard efficiency, high efficiency, premium efficiency, and super premium efficiency, where high efficiency electric motors currently account for the highest market share in the UAE electric motor market.
Based on the end-use industry, the UAE electric motor market has been divided into HVAC, oil and gas, food, beverage and tobacco, mining, water and utilities, and others. Among these, the HVAC sector currently exhibits a clear dominance in the market.
Based on the application, the UAE electric motor market can be segregated into pumps and fans, compressors, and other applications. Currently, pumps and fans account for the largest market share.
Some of the major players in the UAE electric motor market include ABB, Siemens, WEG Industries, NIDEC Corporation and TECO Middle East Electrical & Machinery Co. Ltd.
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