The Saudi Arabia electric motor market reached a value of US$ 60.8 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.8% during 2021-2026.
Electric motors are electro-mechanical machines that transform electrical energy into mechanical energy. They can be differentiated into two main types, namely, AC motors and DC motors. AC motors are powered through alternating current sources such as…