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.
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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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Motor Type, Output Power Range, Voltage Type, and End-User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Motor Controller Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Motor Controller Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Mounting adoption of advanced and automated process in the factory and plants
5.1.2 Growing investments in FMCG sector
5.2 Market Restraints
5.2.1 High cost of maintenance
5.3 Market Opportunities
5.3.1 Burgeoning adoption of industrial internet of things (IIoTs) in plants & factories
5.4 Future Trends
5.4.1 Integration with artificial intelligence
5.5 Impact Analysis of Drivers and Restraints
6. Motor Controller Market – MEA Analysis
6.1 Overview
6.2 MEA Motor Controller Market Forecast and Analysis
7. MEA Motor Controller Market Analysis – By Motor Type
7.1 Overview
7.2 MEA Motor Controller Market, By Motor Type (2020 and 2028)
7.3 AC Motor
7.3.1 Overview
7.3.2 AC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
7.4 DC Motor
7.4.1 Overview
7.4.2 DC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
7.4.2.1 Brushed DC Motor Market
7.4.2.1.1 Overview
7.4.2.1.2 Brushed DC Motor Market Motor Controller Market Revenue and Forecast to 2028 (US$ Million)
7.4.2.2 Brushless DC Motor Market
7.4.2.2.1 Overview
7.4.2.2.2 Brushless DC Motor Market: Motor Controller Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Motor Controller Market Analysis – By Output Power Range
8.1 Overview
8.2 MEA Motor Controller Market Breakdown, By Output Power Range, 2020 and 2028
8.3 Below 0.5 HP
8.3.1 Overview
8.3.2 Below 0.5 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
8.4 0.6 - 1.0 HP
8.4.1 Overview
8.4.2 0.6 - 1.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
8.5 1.0 - 3.0 HP
8.5.1 Overview
8.5.2 1.0 - 3.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
8.6 Above 3.0 HP
8.6.1 Overview
8.6.2 Above 3.0 HP: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
9. MEA Motor Controller Market Analysis – By Voltage Type
9.1 Overview
9.2 MEA Motor Controller Market Breakdown, By Voltage Type, 2020 and 2028
9.3 Below 1 kV Motors
9.3.1 Overview
9.3.2 Below 1 kV Motors: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
9.4 1 kV–6.6 kV Motors
9.4.1 Overview
9.4.2 1 kV–6.6 kV Motors: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
9.5 More than 6.6 kV
9.5.1 Overview
9.5.2 More than 6.6 kV: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
10. MEA Motor Controller Market Analysis – By End-User
10.1 Overview
10.2 MEA Motor Controller Market Breakdown, By End-User, 2020 and 2028
10.3 Industrial
10.3.1 Overview
10.3.2 Industrial: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
10.4 Commercial
10.4.1 Overview
10.4.2 Commercial: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
10.5 Residential
10.5.1 Overview
10.5.2 Residential: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
10.6 Transportation
10.6.1 Overview
10.6.2 Transportation: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
10.7 Agriculture
10.7.1 Overview
10.7.2 Agriculture: Motor Controller Market Revenue and Forecast to 2028 (US$ Mn)
11. MEA Motor Controller Market – Country Analysis
11.1 Overview
11.1.1 MEA: Motor Controller Market, by Key Country
11.1.1.1 UAE: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 UAE: Motor Controller Market, by Motor Type
11.1.1.1.1.1 UAE: Motor Controller Market, by DC Motor
11.1.1.1.2 UAE: Motor Controller Market, by Output Power Range
11.1.1.1.3 UAE: Motor Controller Market, by Voltage Type
11.1.1.1.4 UAE: Motor Controller Market, by End User
11.1.1.2 Saudi Arabia: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Saudi Arabia: Motor Controller Market, by Motor Type
11.1.1.2.1.1 Saudi Arabia: Motor Controller Market, by DC Motor
11.1.1.2.2 Saudi Arabia: Motor Controller Market, by Output Power Range
11.1.1.2.3 Saudi Arabia: Motor Controller Market, by Voltage Type
11.1.1.2.4 Saudi Arabia: Motor Controller Market, by End User
11.1.1.3 South Africa: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 South Africa: Motor Controller Market, by Motor Type
11.1.1.3.1.1 South Africa: Motor Controller Market, by DC Motor
11.1.1.3.2 South Africa: Motor Controller Market, by Output Power Range
11.1.1.3.3 South Africa: Motor Controller Market, by Voltage Type
11.1.1.3.4 South Africa: Motor Controller Market, by End User
11.1.1.4 Rest of MEA: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Motor Controller Market, by Motor Type
11.1.1.4.1.1 Rest of MEA: Motor Controller Market, by DC Motor
11.1.1.4.2 Rest of MEA: Motor Controller Market, by Output Power Range
11.1.1.4.3 Rest of MEA: Motor Controller Market, by Voltage Type
11.1.1.4.4 Rest of MEA: Motor Controller Market, by End User
12. Impact of COVID-19 Outbreak
12.1 MEA: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
13.4 New Development
14. COMPANY PROFILES
14.1 ABB Ltd.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 AMETEK Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Eaton Corporation plc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 General Electric Company
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Microchip Technology Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Nidec Corporation
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Parker-Hannifin Corporation
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. MEA Motor Controller Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. UAE: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. UAE: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)
Table 4. UAE: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)
Table 10. Saudi Arabia: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)
Table 11. Saudi Arabia: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)
Table 12. South Africa: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. South Africa: Motor Controller Market, by Deployment –Revenue and Forecast to 2028 (US$ Million)
Table 14. South Africa: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)
Table 15. South Africa: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)
Table 16. South Africa: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of MEA: Motor Controller Market, by Motor Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of MEA: Motor Controller Market, by DC Motor –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of MEA: Motor Controller Market, by Output Power Range –Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of MEA: Motor Controller Market, by Voltage Type –Revenue and Forecast to 2028 (US$ Million)
Table 21. Rest of MEA: Motor Controller Market, by End User –Revenue and Forecast to 2028 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Motor Controller Market Segmentation
Figure 2. MEA Motor Controller Market Segmentation – By Country
Figure 3. MEA Motor Controller Market Overview
Figure 4. MEA Motor Controller Market, by Country
Figure 5. MEA Motor Controller Market, By Motor Type
Figure 6. MEA Motor Controller Market, By DC Motor
Figure 7. MEA Motor Controller Market, By Output Power Range
Figure 8. MEA Motor Controller Market, By End-User
Figure 9. MEA - PEST Analysis
Figure 10. MEA Motor Controller Market – Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. MEA Motor Controller Market: Impact Analysis of Drivers and Restraints
Figure 13. MEA Motor Controller Market Forecast and Analysis to 2028, (US$ Mn)
Figure 14. MEA Motor Controller Market Revenue Share, by Motor Type (2020 and 2028)
Figure 15. MEA AC motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. MEA DC Motor: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Brushed DC Motor Controller Market Revenue and Forecast to 2028(US$ Million)
Figure 18. MEA Brushless DC Motor Market: Motor Controller Market Revenue and Forecast to 2028(US$ Million)
Figure 19. MEA Motor Controller Market Revenue Share, By Output Power Range (2020 and 2028)
Figure 20. MEA Below 0.5 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 21. MEA 0.6 - 1.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 22. MEA 1.0 - 3.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 23. MEA Above 3.0 HP: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 24. MEA Motor Controller Market Revenue Share, By Voltage Type (2020 and 2028)
Figure 25. MEA Below 1 kV Motors: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 26. MEA 1 kV–6.6 kV Motors: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 27. MEA More than 6.6 kV: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 28. MEA Motor Controller Market Revenue Share, By End-User (2020 and 2028)
Figure 29. MEA Industrial: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 30. MEA Commercial: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 31. MEA Residential: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 32. MEA Transportation: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 33. MEA Agriculture: Motor Controller Market Revenue and Forecast to 2028(US$ Mn)
Figure 34. MEA: Motor Controller Market, by Key Country – Revenue (2020) (USD Million)
Figure 35. MEA: Motor Controller Market Revenue Share, by Key Country (2020 and 2028)
Figure 36. UAE: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Saudi Arabia: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. South Africa: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Rest of MEA: Motor Controller Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Impact of COVID-19 Pandemic in MEA Country Markets
- ABB Ltd.
- AMETEK Inc.
- Eaton Corporation plc
- General Electric Company
- Microchip Technology Inc.
- Nidec Corporation
- Parker-Hannifin Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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