Report Description

The Saudi Arabia Diesel Genset Rental market is anticipated to grow at a steady pace in the forecast period 2024-2028 & will grow at a very high CAGR in the forecast period. Rental diesel Genset serves as a supplemental source of energy in many places and serve as an emergency power backup during power disruptions and shortages to keep activities operating smoothly. Although rental diesel Genset is not frequently used, renting them is a more practical option than blocking and spending money. They also provide great short-term solutions for a variety of industries, including mining, commercial and industrial property management, education, building, healthcare, etc.

Power Outrage During Natural Calamities

Citizens in Saudi Arabia have been relocating to places that are vulnerable to natural catastrophes including earthquakes, landslides, torrential rain, storms, and heavy snowfall. These crises are also becoming more frequent as a result of climate changes, global warming, etc. that tend to impede the transmission and distribution of the nation's power supply, leading to issues like power outages. Due to its accessibility, lack of investment capital requirements, and ease of maintenance and installation, individuals choose to utilize rental diesel Gensets to get around such circumstances. Furthermore, following a disaster, power outage in hospitals and other infrastructure institutions like power plants pose a serious difficulty for government authorities and energy providers. Therefore, a variety of businesses and industries would adopt rental diesel gensets to satisfy the uninterrupted power supply, driving the Saudi Arabia diesel genset rental market.

Various upcoming mega infrastructure projects

The healthcare infrastructure has seen significant changes in the Saudi Arabia area, where the construction of both public and commercial hospitals has increased during the past ten years. The Saudi government intends to spend more than USD 65 million on the nation's healthcare system as part of Saudi Vision 2030. Along with increasing private sector participation from 40% to 65% by 2030, it also plans to privatise 290 hospitals and 2,300 primary healthcare facilities. One of the primary drivers of this expansion of the healthcare infrastructure is the ageing population's rising need for healthcare services. As a result, it is projected that all these elements would contribute to the improvement of Saudi Arabia's healthcare infrastructure and where the demand of diesel genset required to maintain an uninterrupted electrical supply. As a result, all these components are prepared to improve Saudi Arabia's healthcare system, and thus, it is projected that the Saudi Arabia Diesel Genset Rental market is expected to expand in the upcoming years. Additionally, to provide a steady supply of electricity and uninterrupted operations, diesel generators are employed in motorways, metros, trains, and many other infrastructure projects. For instance, DG sets are used in road building projects’ remote regions, to supply continuous electricity and finish the project on schedule.

Government Initiatives

The Saudi Vision 2030 was established to reduce Saudi Arabia's reliance on oil, diversifying the country's economy, and improve public services such as healthcare, infrastructure, education, entertainment, and tourism. The infrastructure sector is one of the most significant pillars of Saudi Vision 2030, which seeks to foster economic growth and sustainability throughout the Kingdom. The goal was to increase infrastructure from 15% to 25% by the year 2030. For instance, Saudi Arabia, intended to spend USD 16.01 billion on transportation infrastructure, USD 17.80 billion on municipal services, USD 60.92 billion on health and social development, and USD 64.74 billion on education in order to enhance the region's infrastructure industry. The government will continue seeking P3 partnerships due to its objectives for preserving the government's financial stability and actions to boost private sector engagement in infrastructure development. Saudi Arabia anticipates spending 348 billion USD on infrastructure projects over the next 20 years. As a result of engagement in infrastructure development projects there, the market for diesel generator sets in Saudi Arabia has expanded.


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Market Segmentation

The Saudi Arabia Diesel Genset Rental Market is divided into KVA Rating, Application and End User Industry. Based on KVA Rating, the market is divided into Below 100KVA, 100.1-350KVA, 350.1-750KVA, 750.1-1000KVA, Above 1000KVA Based on Application, the market is segmented into Backup Power, Prime Power, and Peak Shaving). Based on the End User Industry, the market is segmented into Residential, Commercial, Industrial, Public, and Others.

Market Players

Major market players in the Saudi Arabia Diesel Genset Rental Market are Aggreko Middle East Ltd, Altaaqa Alternative Solutions Co Ltd, Byrne Investments Saudi Arabia Ltd, Cummins Olayan Energy Ltd, Energia Al Faris Contracting Company Ltd, Energy Equipment Rental Co. Ltd, Hertz Dayim Equipment Rental Ltd, HUNE Specialized International Co. L.L.C. (HUNESICO), Peax Equipment Rental, Rental Solutions & Services LLC, and SES SMART Energy Solutions FZCO.

Attribute

Details

Base Year

2022

Historic Data

2018– 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

KVA Rating

Application

End-User Industry

Regional scope

Northern & Central Region, Western Region, Southern Region, Eastern Region.

Key companies profiled

Aggreko Middle East Ltd, Altaaqa Alternative Solutions Co. Ltd, Byrne Investments Saudi Arabia Ltd, Cummins Olayan Energy, Ltd, Energia Al Faris Contracting Company Ltd, Energy Equipment Rental Co. Ltd, Hertz Dayim Equipment Rental Ltd, HUNE Specialized International Co. L.L.C. (HUNESICO), Peax Equipment Rental, Rental Solutions & Services LLC, SES SMART Energy Solutions FZCO.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, the Saudi Arabia Diesel Genset Rental Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Below 100KVA, 100.1-350KVA, 350.1-750KVA, 750.1-1000KVA, Above 1000KVA

·         Saudi Arabia Diesel Genset Rental Market, By KVA Rating:

o    Below 100KVA

o    100.1-350KVA

o    350.1-750KVA

o   750.1-1000KVA

o   Above 1000KVA

·         Saudi Arabia Diesel Genset Rental Market, By Application:

o   Backup Power

o   Prime Power

o   Peak Shaving

·         Saudi Arabia Diesel Genset Rental Market, By End User Industry:

o   Residential

o   Commercial

o   Industrial

o   Public

o   Others

·         Saudi Arabia Diesel Genset Rental Market, By Region:

o   Northern & Central Region

o   Western

o   Southern

o   Eastern

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Saudi Arabia Diesel Genset Rental Market.

Available Customizations:

Saudi Arabia Diesel Genset Rental market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Saudi Arabia Diesel Genset Rental Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on the Saudi Arabia Diesel Genset Rental Market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia Diesel Genset Rental Market Outlook

6.1.  Market Size & Forecast

6.1.1.       By Value

6.2.  Market Share & Forecast

6.2.1.       By KVA Rating (Below 100KVA, 100.1-350KVA, 350.1-750KVA, 750.1-1000KVA, Above 1000KVA)

6.2.2.       By Application (Backup Power, Prime Power, Peak Shaving)

6.2.3.       By End User Industry (Residential, Commercial, Industrial, Public, Others)

6.2.4.       By Region (Northern & Central, Western, Southern, Eastern)

6.2.5.       By Company (2022)

6.3.  Market Map

7.    Northern & Central Diesel Genset Rental Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.       By KVA Rating

7.2.2.       By Application

7.2.3.       By End User Industry

8.    Western Diesel Genset Rental Market

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.       By KVA Rating

8.2.2.       By Application

8.2.3.       By End User Industry

9.    Southern Diesel Genset Rental Market

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.       By KVA Rating

9.2.2.       By Application

9.2.3.       By End User Industry

10. Eastern Diesel Genset Rental Market

10.1.   Market Size & Forecast

10.1.1.    By Value

10.2.   Market Share & Forecast

10.2.1.    By KVA Rating

10.2.2.    By Application

10.2.3.    By End User Industry

11. Market Dynamics

11.1.   Drivers

11.1.1.    Increasing Investments in Infrastructure Development

11.1.2.    Rising Government Initiatives

11.1.3.    rapid industrialization and infrastructure development in countries

11.2.   Challenges

11.2.1.    Strict Government Rules on the Emission of GHG

11.2.2.    Changes in supply chain

12. Market Trends & Developments

12.1.   Growing Usage of Rental Diesel Genset in the Industrial Sector

12.2.   Rising Need for Power

12.3.   Government Initiatives

12.4.   Merger & Acquisitions

13. Policy & Regulatory Landscape

14. PORTER Analysis

15. Company Profiles

15.1.   Aggreko Middle East Ltd

15.1.1. Business Overview

15.1.2. Key Revenue and Financials (If Available)

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. Key Product/Services

15.2.   Altaaqa Alternative Solutions Co. Ltd,

15.2.1. Business Overview

15.2.2. Key Revenue and Financials (If Available)

15.2.3. Recent Developments

15.2.4. Key Personnel

15.2.5. Key Product/Services

15.3.   Byrne Investments Saudi Arabia Ltd

15.3.1. Business Overview

15.3.2. Key Revenue and Financials (If Available)

15.3.3. Recent Developments

15.3.4. Key Personnel

15.3.5. Key Product/Service

15.4.   Cummins Olayan Energy Ltd

15.4.1. Business Overview

15.4.2. Key Revenue and Financials (If Available)

15.4.3. Recent Developments

15.4.4. Key Personnel

15.4.5. Key Product/Service

15.5.   Energia Al Faris Contracting Company Ltd,

15.5.1. Business Overview

15.5.2. Key Revenue and Financials (If Available)

15.5.3. Recent Developments

15.5.4. Key Personnel

15.5.5. Key Product/Services

15.6.   Energy Equipment Rental Co. Ltd,

15.6.1. Business Overview

15.6.2. Key Revenue and Financials (If Available)

15.6.3. Recent Developments

15.6.4. Key Personnel

15.6.5. Key Product/Services

15.7.   Hertz Dayim Equipment Rental Ltd,

15.7.1. Business Overview

15.7.2. Key Revenue and Financials (If Available)

15.7.3. Recent Developments

15.7.4. Key Personnel

15.7.5. Key Product/Services

15.8.   HUNE Specialized International Co. L.L.C. (HUNESICO),

15.8.1. Business Overview

15.8.2. Key Revenue and Financials (If Available)

15.8.3. Recent Developments

15.8.4. Key Personnel

15.8.5. Key Product/Services

15.9.   Peax Equipment Rental

15.9.1. Business Overview

15.9.2. Key Revenue and Financials (If Available)

15.9.3. Recent Developments

15.9.4. Key Personnel

15.9.5. Key Product/Services

15.10. Rental Solutions & Services LLC

15.10.1. Business Overview

15.10.2. Key Revenue and Financials (If Available)

15.10.3. Recent Developments

15.10.4. Key Personnel

15.10.5. Key Product/Services

15.11.SES SMART Energy Solutions FZCO

15.11.1. Business Overview

15.11.2. Key Revenue and Financials (If Available)

15.11.3. Recent Developments

15.11.4. Key Personnel

15.11.5. Key Product/Services

16. Strategic Recommendations

16.1.   Key focus on Northern & Central Region

16.2.   Key focus towards KVA rating  Segment

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Aggreko Middle East Ltd, Altaaqa Alternative Solutions Co. Ltd, Byrne Investments Saudi Arabia Ltd, Cummins Olayan Energy, Ltd, Energia Al Faris Contracting Company Ltd, Energy Equipment Rental Co. Ltd, Hertz Dayim Equipment Rental Ltd, HUNE Specialized International Co. L.L.C. (HUNESICO), Peax Equipment Rental, Rental Solutions & Services LLC, SES SMART Energy Solutions FZCO are among the leading players in the Saudi Arabia Diesel Genset Rental Market.

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The 375.1 KVA-750KVA segment is the largest share in the forecast period and is expected to maintain a high CAGR owing to the rising number of the residential building, commercial hubs and hotels in the region played an important role in enhancing the market of diesel genset rental in Saudi Arabia.

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The Saudi Vision 2030, high electricity demand arising from the end-use industries, and increasing investments in infrastructure development are the major drivers of the Saudi Arabia Diesel Genset Rental market.

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Strict government rules on the emission of GHG (Green House Gases) and changes in the supply chain are the major challenges faced by the Saudi Arabia Diesel Genset Rental Market.

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Parvati Sharma

Account Manager BD
Press Release

{375.1kVA - 750kVA} segment to dominate the Saudi Arabia Diesel Genset Rental Market

Feb, 2023

Saudi Arabia Diesel Genset Rental Market is being driven by the booming construction and industrial sectors, which will greatly increase the need for rental diesel Genset in the nation.