The MarkNtel Advisors has released its latest report titled "Saudi Arabia Diesel Generator Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028." This comprehensive analysis provides valuable insights into the market, including market share data. The report encompasses competitive analysis, geographical research, and recent advancements in the market. Whether you are an investor, researcher, consultant, marketing strategist, or planning to enter the industry in any capacity, this analysis can greatly benefit you.
Saudi Arabia Diesel Generator Market Definition:
The government of Saudi Arabia has announced various construction projects such as the Red Sea Project, AMAALA, Neom City, and others which would consist of hotels, malls, hospitals, tourist attraction places, etc. These ongoing construction activities would enhance the demand for diesel generator sets in the construction sites for powering the equipment during the forecast period.
Saudi Arabia Diesel Generator Market Overview
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.
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What are the Key Driver in the industry?
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.
Competitive Landscape With Leading Key Players:
The report's analysis of the Saudi Arabia Diesel Generator market's competitive environment includes thorough profiles of the major industry competitors.
Among these important figures are:
-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
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Important Saudi Arabia Diesel Generator Market Segmentation
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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Important Report Highlights:
- Historical Data (2018–2021)
- Base Year (2022)
- Market Prospects (2023–2028)
- Business Trends
- Drivers of the Market and Success Factors
- COVID-19's effects
- Value Chain Evaluation
- Comprehensive competitive landscape mapping
As part of the modification, we will give you any specific information you require that is not already covered by the report.
About MarkNtel Advisors
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. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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