Saudi Arabia Diesel Genset Market (2021-2027)
Market Forecast By KVA Rating (5-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Northern, Southern) And Competitive Landscape
According to 6Wresearch, Saudi Arabia Diesel Genset Market size is projected to grow at CAGR of 3.1% during 2021-27.The outburst of coronavirus in has adversely affected diesel genset market in 2020 as the Saudi Arabian government imposed nation-wide lockdown has led to the closure of all construction operations and disrupted the demand and supply of diesel genset systems. The majority of the demand for diesel gensets in the Saudi Arabia could be witnessed in verticals such as commercial, industrial and transportation. The growing electricity demand supported by the government’s aim to diversify the economy from oil to non-oil sectors along with the rising number of upcoming infrastructure projects such as the Neom City, the Red Sea Project, Amaala, GCC Railway Project, Waterfront Infrastructure Facilities Project - Phase II, and Medina Metro Project are the key factors, which would drive the market for diesel gensets in Saudi Arabia in the coming years.
Saudi Arabia diesel genset market witnessed a modest decline during the period 2017-2020 owing to the worldwide oil price crises and the succeeding global pandemic situation caused by COVID-19 in 2020, which led to the halt in all construction, trade, and manufacturing operations and disrupted the value chain and ecosystem of diesel genset market of Saudi Arabia due to the government imposed nation-wide lockdown.
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Market Analysis by kVA Rating
In terms of kVA ratings, 375.1kVA - 750kVA diesel gensets have emerged as a major shareholder in the Generator Market in 2020, owing to its major deployment as power backup systems in the industrial and logistics sector
Key Highlights of the Report
Saudi Arabia Diesel Genset Market Overview.
Saudi Arabia Diesel Genset Market Trends
Industry Life Cycle
Saudi Arabia Diesel Genset Market Outlook.
Saudi Arabia Diesel Genset Market Forecast.
Market Drivers and Restraints
Porter’s Five Forces Analysis
Market Opportunity Assessment
Saudi Arabia Diesel Genset Market Share, By Companies
Key Strategic Recommendations
Historical data and Forecast of Revenues and Volume, By Applications, for the Period, 2017-2027F.
Historical data and Forecast of Revenues and Volume, By Regions, for the Period, 2017-2027F.
Historical data and Forecast of Revenues and Volume, By kVA Ratings, for the Period, 2017-2027F.
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