Gas Gensets Market in Middle East & Africa to Surpass $580 Million by 2026
Increasing demand-supply
gap, growing need to generate power through clean energy sources and favourable
government policies to drive Middle East & Africa gas gensets market
through 2026
According to a recently published TechSci Research
report “Middle East & Africa Gas Gensets Market By Rating, By End User, By Country Competition Forecast & Opportunities, 2012–2026”, the market for gas gensets in the Middle East &
Africa is projected to cross $ 580 million by 2026. Gas
gensets are increasingly being used for meeting power requirements in various
end use sectors such as industrial, commercial and residential, as a prime power as well as standby power source. In the Middle East & Africa, demand for gas gensets is
anticipated to increase in coming years on account of expanding gas pipeline
infrastructure and introduction of various environmental norms that restricts
greenhouse gas emissions and Particulate Matter (PM).
Browse 36 market data Tables and 97
Figures spread through 200
Pages and an in-depth TOC on "Middle
East & Africa Gas Gensets Market"
https://www.techsciresearch.com/report/middle-east-africa-gas-gensets-market-by-rating-low-rating-less-than-50kva-medium-rating-50-1kva-500kva-etc-by-end-user-industrial-commercial-residential-by-country-competition-forecast-opportunities/996.html
Medium Rating (50.1kVA-500kVA)
gensets category dominated Middle East & Africa gas gensets market in 2016,
and the segment is anticipated to maintain its dominance during forecast peirod
as well. Industrial sector was the largest end user of gas gensets across the region
in 2016 owing to rapid urbanization coupled with increasing shift from
coal-based power plants to natural-gas fired power plants. In 2016, Saudi
Arabia dominated Middle East & Africa gas gensets market, followed by the
UAE, Iran, Nigeria, South Africa and Qatar. According to the World Bank, Saudi
Arabia’s electric power consumption stood at 9,410 kWh per capita in 2014, and
it is expected to increase further in coming years. As a result, Saudi Arabia
is anticipated to maintain its dominance in Middle East & Africa gas
gensets market through 2026.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=996
Customers can
also request for 10% free customization on this report.
“Growing need to protect sensitive
equipment from the adverse impact of grid power instability and augmenting
shift towards clean energy sources in order to reduce the harmful effects of
carbon emissions are some of the major factors expected to positively influence
Middle East & Africa gas gensets market during forecast period. Moreover,
with expanding City Gas Distribution network, natural gas, which is the basic
fuel used in gas gensets, is reaching to more and more consumers across the region,
which is expected to boost the adoption of gas gensets during the forecast
period in MEA region.” Said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Middle East & Africa Gas Gensets Market By Rating, By End User, By Country Competition Forecast & Opportunities, 2012–2026” has evaluated the future
growth potential of Middle East & Africa gas gensets market, and provided
statistics and information on market structure, industry behaviour and trend.
The report includes market projections and demand forecasting and it is
intended to provide cutting-edge market intelligence and help decision makers
to take sound investment evaluation. Besides, the report also identifies and
analyses emerging trends along with essential drivers, challenges and
opportunities available in Middle East & Africa gas gensets market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium
market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based consulting
assignments in high growth and emerging markets, leading technologies and niche
applications. Our workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]