Press Release

Middle East Diesel Gensets Market growth to Grow with a robust CAGR through to 2028

Industries expand, and populations grow, causing an ever-increasing demand for electricity are expected to drive the Middle East Diesel Gensets Market growth in the forecast period, 2024-2028.

 

According to TechSci Research report, “Middle East Diesel Gensets Market - By Country, Competition, Forecast and Opportunities, 2018-2028”, the Middle East Diesel Gensets Market is expected to register a robust during the forecast period, 2024-2028. Numerous Middle Eastern countries encounter frequent power outages and voltage fluctuations, causing disruptions in daily life, business operations, and critical infrastructure. These power interruptions can stem from multiple factors, such as aging infrastructure, insufficient grid capacity, and natural disasters. To alleviate the impact of these interruptions, businesses and industries rely on diesel gensets as a dependable backup power source. The Middle East is renowned for its ambitious infrastructure development projects, encompassing the construction of mega-cities, airports, ports, and industrial complexes. These projects necessitate dependable backup and primary power solutions, underscoring the critical role of diesel gensets in supporting the region's infrastructure. The ongoing and planned infrastructure initiatives throughout the region present a substantial opportunity for genset manufacturers and suppliers.

 

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Based on application, Peak Load segment has emerged as the predominant market leader. Compliance with emissions regulations and environmental standards poses a significant challenge in the Peak Load segment. Operators of diesel gensets must navigate emissions restrictions and embrace cleaner technologies to minimize their environmental impact, which can introduce complexity and additional costs to genset solutions. The integration of digital technologies and remote monitoring capabilities is increasingly crucial in the Peak Load segment. Operators require real-time data on genset performance, fuel consumption, and maintenance requirements to ensure reliable power during peak demand periods. The Peak Load segment offers opportunities for hybrid power solutions that combine diesel gensets with energy storage and renewable energy sources. These solutions can deliver immediate power during peak periods and contribute to cost savings and emissions reduction by utilizing renewables whenever feasible. Governments in the Middle East may incentivize the adoption of cleaner and more efficient genset technologies in the Peak Load segment to align with sustainability and emissions reduction objectives.


Based on end user, Industrial segment is expected to grow during the forecast period. The agriculture sector in the Middle East relies on diesel gensets to power irrigation systems, machinery, and processing facilities, playing a crucial role in enhancing agricultural productivity. With the region's economic growth and industrialization, there has been a surge in energy demands from various industrial sectors. As industries expand and new facilities emerge, the demand for diesel gensets to meet these power needs continues to grow. Integration of digital technologies and remote monitoring capabilities has become paramount in the Industrial segment, providing real-time data on genset performance, fuel consumption, and maintenance requirements for optimized operations and reduced downtime. The Middle East is increasingly prioritizing environmental sustainability and emissions reduction. Meeting emissions regulations and adopting cleaner technologies pose challenges for the segment. Industrial facilities are exploring hybrid power solutions that combine diesel gensets with energy storage systems and renewable energy sources, offering operational flexibility, cost savings, and reduced environmental impact. Governments in the Middle East may introduce initiatives to encourage the adoption of cleaner and more efficient genset technologies in the industrial sector, aligning with environmental goals and regulations.


Major companies operating in Middle East Diesel Gensets Market are:

  • Cummins Inc.
  • Caterpillar Inc.
  • Generac Holdings Inc.
  • Kohler Co.
  • MTU Onsite Energy
  • Himoinsa
  • Atlas Copco
  • Doosan Portable Power
  • Mitsubishi Heavy Industries
  • Perkins Engines Company Limited


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“Saudi Arabia is expected to dominate the market during the forecast period. The country is currently experiencing the integration of digital technologies and the Internet of Things (IoT) into genset systems. Remote monitoring, predictive maintenance, and data analytics are gaining significance in optimizing genset performance and reliability. Companies providing IoT-enabled genset solutions can meet the rising demand for digitally integrated power solutions.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

Middle East Diesel Gensets Market By Power Rating (Below 75 kVA, 75-375 kVA, 375-750 kVA and Above 750 kVA), By Portability (Stationary and Portable), By Application (Continuous Load, Peak Load and Standby Load), By End User (Residential, Commercial and Industrial), By Country, By Competition Forecast & Opportunities, 2018-2028”, has evaluated the future growth potential of Middle East Diesel Gensets Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Middle East Diesel Gensets Market.


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