Middle East & Africa Motor Controller Market is expected to reach US$ 384.21 million by 2028

Industrial Segment to Dominate MEA Motor Controller Market during 2020–2028  

According to The Insight Partners market research study on “MEA Motor Controller Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Motor Type, Output Power Range, Voltage Type, and End-User,” is expected to reach US$ 384.21 million by 2028 from US$ 271.18 million in 2020. The market is estimated to grow at a CAGR of 4.7 % from 2021 to 2028. The report provides trends prevailing in the MEA motor controller market along with the drivers and restraints pertaining to the market growt. Integration with artificial intelligence and burgeoning adoption of industrial internet of things (IIoTs) in plants & factories are the major factor driving the growth of the MEA motor controller market. However, high cost of maintenance hinders the growth of MEA motor controller market.

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.

The MEA motor controller market is segmented into the motor type, output power range, voltage type, end-user, and country. Based on motor type, MEA motor controller market is segmented into AC motor and DC motor. The AC motor segment dominated the MEA motor controller market in 2020 and DC motor is expected to be fastest growing during forecast period. Further, DC motor segment is segregated into the brushed DC motor and brushless DC motor. The brushless DC motor dominated the market in 2020.  Based on output power range, MEA motor controller market is segmented into below 0.5 HP, 0.6 - 1.0 HP, 1.0 - 3.0 HP, and above 3.0 HP. The 0.6 - 1.0 HP segment dominated the MEA motor controller market in 2020 and 1.0 - 3.0 HP segment is expected to be fastest growing during forecast period. Based on voltage type, MEA motor controller market is segmented into the below 1 kV motors, 1 kV–6.6 kV motors, and more than 6.6 kV. The below 1 kV motors segment dominated the MEA motor controller market in 2020 and is expected to be fastest growing during forecast period. Based on end-user, market is segmented into the industrial, commercial, residential, agriculture, and transportation. The industrial segment dominated the market in 2020 and agriculture segment is expected to be fastest growing during forecast period.

ABB Ltd., AMETEK Inc., Eaton Corporation plc, General Electric Company, Microchip Technology Inc., Nidec Corporation, and Parker-Hannifin Corporation are among the leading companies in the MEA motor controller market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, Wolong Electric Group Co., Ltd., acquired General Electric Company (GE)'s Small Industrial Motor (SIM) division for 160 million U.S. dollars in an all-cash transaction.

The report segments the MEA Motor Controller Market as follows:

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