Middle East & Africa Motor Controller Market Analysis and Opportunities by 2028
Historic Data: 2018-2019 | Base Year: 2020 | Forecast Period: 2021-2028Middle East & Africa Motor Controller Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Motor Type (AC Motor and DC Motor), Output Power Range (Below 0.5 HP, 0.6 - 1.0 HP, 1.0 - 3.0 HP, and Above 3.0 HP), Voltage Type (Below 1 kV Motors, 1 kV–6.6 kV Motors, and More than 6.6 kV Motors), and End-User (Industrial, Commercial, Residential, Agriculture, and Transportation)
- Report Date : May 2021
- Report Code : TIPRE00022100
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 126
The MEA motor controller market is expected to grow from US$ 271.18 million in 2020 to US$ 384.21 million by 2028; it is estimated to grow at a CAGR of 4.7 % from 2021 to 2028.
The UAE, South Africa, and Saudi Arabia are major economies in MEA. Integration with artificial intelligence will escalate the MEA motor controller market. Motor controller equipment are evolving in terms of features and technologies, and the MEA motor controller market is expected to experience the availability and adoption of a wide range of intelligent motor controller solutions in the coming years. An intelligent motor controller is designed to meet the requirements of low-cost, 3-phase motor systems. It provides an equivalent or greater functionality compared to traditional motor controllers at economical costs, thereby intelligent motor controllers are maximizing the value of components in the plant. Further, the rising demand for smart, multifunctional, and integrated devices as well as the growing traction toward automation in industries such as oil & gas, water and wastewater management, power generation, and food & beverages in MEA region are driving the motor controller market growth. Intelligent motor controllers are employed in almost all major industries, including oil & gas, water and wastewater management, power generation, food & beverages, and metals & mining. With the advent of AI, manufacturers are likely to introduce motor controllers with improved overall performance as AI enables them to accomplish more complex tasks, which will drive the MEA motor controller market
Further, in case of COVID-19, MEA is highly affected especially South Africa. The MEA has witnessed a notable reduction in building construction and automation equipment manufacturing work owing to sharp decline in demand for commercial and residential properties and automation equipment. This further led to the significant dip in demand for the motor controllers especially in the first two quarters of 2020. Further, the COVID-19 outbreak has a significant impact on the economies of the MEA, leading to declines in oil production and transport sector. Hence, the slowdown in manufacturing and transportation sector has negatively impacted the motor controller market in the region. Thus, owing to the above-mentioned factors the motor controller market is expected to be moderately affected over the forecast period in region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA motor controller market. The MEA motor controller market is expected to grow at a good CAGR during the forecast period.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
MEA Motor Controller Market Segmentation
MEA Motor Controller Market – By Motor Type
- AC Motor
- DC Motor
- Brushed DC Motor
- Brushless DC Motor
MEA Motor Controller Market – By Output Power Range
- Below 0.5 HP
- 0.6 - 1.0 HP
- 1.0 - 3.0 HP
- Above 3.0 HP
MEA Motor Controller Market – By Voltage Type
- Below 1 kV Motors
- 1 kV–6.6 kV Motors
- More than 6.6 kV Motors
MEA Motor Controller Market – By End-User
- Industrial
- Commercial
- Residential
- Agriculture
- Transportation
MEA Motor Controller Market, by Country
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
MEA Motor Controller Market -Companies Mentioned
- ABB Ltd.
- AMETEK Inc.
- Eaton Corporation plc
- General Electric Company
- Microchip Technology Inc.
- Nidec Corporation
- Parker-Hannifin Corporation
Middle East & Africa Motor Controller Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 271.18 Million |
| Market Size by 2028 | US$ 384.21 Million |
| Global CAGR (2021 - 2028) | 4.7 % |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Motor Type
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- ABB Ltd.
- AMETEK Inc.
- Eaton Corporation plc
- General Electric Company
- Microchip Technology Inc.
- Nidec Corporation
- Parker-Hannifin Corporation
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