Topic: saudi arabia electric motor market

Saudi Arabia Electric Motor Market Synopsis Saudi Arabia Electric Motor Market is projected to grow over the coming year owing to the growing implementations and sales of electric vehicles, and reduced operation costs as well as the growing demand for the products that are energy-efficient. According to 6wresearch, the Saudi Arabia Electric Motor Market size is expected to grow during 2020-2026. The market is driven by the growing automotive industry and developing infrastructure coupled w...

Saudi Arabia Electric Motor Market Overview Saudi Arabia electric motor market is anticipated to witness moderate growth on the back of expansion of the industrial sector in the country along with upcoming infrastructure projects. Additionally, the recovery of oil prices is also promoting the rise in government funding across the oil & gas and petrochemical end-user segments, which would further drive the demand for electric motors in the country. According to 6Wresearch, Saudi Arabia elec...