Saudi Arabia Portable Generator Market to be dominated by 5-10 kVA power rating through 2027
Growing public infrastructure and expansion of the industrial
sector are expected to drive the demand of Saudi Arabia Portable Generator
Market in the forecast period, 2023-2027.
According
to TechSci Research report, “Saudi Arabia Portable Generator Market, By Region, Competition
Forecast & Opportunities, 2027”,
the Saudi Arabia Portable Generator market is expected to witness robust CAGR growth
in the forecast period, 2023-2027. Portable generators are used for providing
emergency power supply in case of abrupt power outages. These are generally
used at construction sites to operate air compressors, saws, drills to use
minimal fuel consumption and maximize the power output to ensure smooth
operation. The growing demand from commercial and industrial spaces to receive
continuous power supply and the increasing infrastructure projects announced by
leading authorities are influencing the market demand. With the rise in the
number of telecom subscribers, telecommunication market players are fueling the
need for installation of telecom towers. These towers require uninterrupted
power supply which is expected to create growth lucrative opportunities for the
Saudi Arabia Portable Generator market in the next five years.
However,
limited power generation capacity of portable power generators and strict
government policies emphasizing on the regulation of emission from diesel
engines may restrain the growth of the Saudi Arabia Power Generator market for
the next five years.
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Arabia Portable Generator Market"
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The
Saudi Arabia Portable Generator market is segmented by fuel type, end-user,
power rating, application, competitional landscape, and regional distribution.
On the basis of the fuel type, the Saudi
Arabia Portable Generator market is divided into diesel, gasoline, natural gas
& LPG. The gasoline segment is expected to account for significant market
share for the next five years, 2023-2027. Gasoline fuel is widely available and
is considered as the common source of protein. These are used generally for
low-load, temporary or intermittent applications and finds high demand from
hunting, camping, emergency, or any other applications.
On the basis of the end-user, the Saudi
Arabia Portable Generator market is divided into commercial, industrial, and
residential. The residential segment is expected to witness the fastest
incremental growth for the next five years. The growing use of consumer
electronic and electrical devices such as lights, mobile phones, tablets,
refrigerators, water purifier, air conditioners is making the household
dependent on the continuous electric supply. In case of abrupt power outages,
portable generators are used to experience comfort and convenience all the
time. Portable generators are also in high demand for camping trips, tailgate
parties, among others.
On the basis of the power rating, the
Saudi Arabia Portable Generator market is divided into less than 5 kVA, 5-10
kVA, and 10-20 kVA. The 5-10 kVA is projected to be the largest contributor
during the forecast period. Surging demand for portable generator for
recreational activities and growing awareness about in-house power backup are
the major contributing factors to market growth. These can be used for power
applications including air conditioners, high-pressure washers, industrial motors,
pumps, among others and these usually run of fuels such as diesel, propane and
natural gas.
On the basis of the application, the
Saudi Arabia Portable Generator market is divided into emergency and
prime/continuous. The emergency segment is expected to hold the largest market
share in the next five years. Portable generators that are used for shorter
duration or emergency situations are called as emergency generator. Single
filling of tank fuels the portable generator to run on an average of 10-12 hours.
These are majorly used during the emergency situations such as occurrence of
emergency situations including heavy rainfall, storms, heat waves disturb the
generation and transmission infrastructure. To supply continuous energy for
smooth running and enhance the consumer experience the Saudi Arabia Portable
Generator market is expected to witness huge growth opportunities.
Major market players operating in Saudi
Arabia Portable Generator market are:
·
Jubaili
Bros
·
Jimen
Power General Trading FZE
·
Himoinsa
·
Atlas
Copco
·
Aggreko
·
Energia
·
Honeywell
International
·
Siemens
Limited
·
Briggs
& Stratton Co.
·
Generac
·
Eaton
·
Caterpillar
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“Market players are investing high-end
investments for research and development activities and introducing novel
portable generator with high power output and advanced features to boost the
sales of portable generators. Launch of dual fuel generators, hybrid generators
and inverter portable generators are attracting large number of customers with
reduced generator time and fuel consumption is expected to influence the
portable generators market demand. Growing competition among the market players
and the rise in the expenditure capacity of consumers are expected to propel
the growth of Saudi Arabia Portable Generator market till 2027” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi Arabia Portable
Generator Market, By Region, Competition Forecast &
Opportunities, 2027”, has evaluated the future
growth potential of Saudi Arabia Portable Generator 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 Saudi Arabia Portable Generator market.
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