Middle East and Africa Safety Drives and Motors Market - By Applications (AC Drives, DC Drives), Categories (Category 2, Category 3), Types (Increased Safety Motors, Explosion or Flame Proof Motors), Industry, Countries, Trends, Forecast - (2017 -

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The Middle East and Africa (MEA) appear to be stabilizing economically following the aftermath of the economic turmoil, although the regional growth remains erratic. Growth from exporting oil for the Middle East was flat in 2014 and the oil prices in Jan 2015 hit a rock bottom of USD 49 per barrel. However, MEA has seen growth due to the earlier growth in its commodities market, which has also led to the growth in the manufacturing sector as the economies seem to diversify. Safety drives & motors have wide applications in the oil and natural gas industry as well as in the mining and manufacturing industry, which makes the Middle East and Africa a potential market for safety drives and motors.

The Middle East & Africa safety drives & motors market is expected to increase to USD 0.32 billion by 2021, growing at a CAGR of 6.38% over the period 2016 - 2021. The Middle East and Africa safety drives and motors market is broadly segmented on the basis of types, end-user industry and geography. As per the classification of types, the market is segmented into AC drives and DC drives. Similarly, on the basis of its end-users, the market is categorized into various segments such as manufacturing, automotive, healthcare, industrial and others. Some of the prime market players mentioned in the report are Rockwell Automation, SIGMATEK Safety Systems, ABB Limited, Beckhoff and more.

What the report offers

  • Market definition for the Middle East and Africa safety drives and motors market, along with identification of key drivers and restraints.
  • Market analysis for the Middle East and Africa safety drives and motors market, with region-specific assessments.
  • Identification of factors instrumental in changing the market scenario and in offering prospective opportunities.
  • Identification of key companies that can influence the market on the regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
  • Identification and analysis of the macro and micro factors that affect the Middle East and Africa safety drives and motors market on the regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.  

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