Saudi Arabia Diesel Generator Market - Industry Trends and Forecast to 2028

MarkNtel Advisors, a prominent market research firm, has recently published a report titled Saudi Arabia Diesel Generator Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Saudi Arabia Diesel Generator market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

Saudi Arabia Diesel Generator Reports Highlights

What is the size of the Saudi Arabia Diesel Generator?

The Saudi Arabia Diesel Generator market is projected to grow at a CAGR of around 12.18% during the forecast period, i.e., 2023-28. This is owing to the growing application of diesel generators in the oil & gas industry, manufacturing units, commercial, and other sectors. A diesel generator is the combination of a diesel engine with an electric generator to generate electrical energy. The main components of these generators include a diesel engine, an AC alternator, a fuel tank, a control panel, & radiator. These generators are used either as a power backup system or as a prime electricity source.

Key Driver: Uninterrupted Power Supply Demand from the Industries for Operational Activities

There are certain sectors where an uninterrupted power supply is required to ensure the smooth functioning of the industry. Hence, to suffice this need, several industries seek diesel generators as standby units. These generators are in high demand in industries like healthcare, oil refineries, and telecommunications due to unforeseeable circumstances such as power outages & blackouts. In the healthcare sector, machines such as ventilators rely on electricity to function, therefore hospitals & nursing homes keep standby diesel generators on hand to avoid disruption. Furthermore, the telecom industries have led to growth in the market for diesel generators, as telecom companies have set up new base stations to ensure better network coverage following the arrival of 5G in 2019.

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What Components are Encompassed within Saudi Arabia Diesel Generator Market segmentation?

The report has divided the market into the following segments:

By KVA Rating

-Up to 75KVA

-75.1 KVA to 375 KVA

-375.1 to 750 KVA

-750.1 KVA to 1000 KVA

-Above 1000 KVA

By Type

-Stand By

-Prime & Continuous Power

-Peak Shaving

By End Users

-Residential

-Commercial (Hospitality, Retail, Educational Institutions, etc.)

-Healthcare

-Government & Transport (Airports, Metro Stations, Govt. Buildings, Religious Centres, etc.)

-Oil & Gas

-Industrial (Manufacturing Facilities, Assembly Units, etc.)

-Equipment Rental Companies.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-Cummins Arabia

-Atlas Copco Industrial Equipment Co.

-FG Wilson

-Kohler SDMO

-Aksa Power Generation

-Caterpillar Inc.

-Saudi Diesel Equipment Co. Ltd.

-Generac Holdings Inc.

-Siemens Energy AG

-Kirloskar DMCC.

About Us-

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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