Report Description

The Saudi Arabia Diesel Genset Market is anticipated to grow at a steady pace in the forecast period 2024-2028 and will grow at a very high CAGR in the forecast period.

A diesel engine and an electric generator are combined to provide electrical energy via the diesel generator, also known as the diesel Genset (DG), and is designed to run on diesel fuel. The Diesel Genset is divided into Prime power, backup power, and peak shaving are the three uses of diesel generators. Designed for long-term usage, prime power is the main source of electricity. The most typical prime power examples include a faraway construction site, a rock-crushing machine, and others. The standby generator, sometimes referred to as backup power, is utilized to generate energy and starts automatically in a matter of seconds. There are backup power generators in commercial skyscrapers, high-rise residential buildings, and train stations. Contrarily, peak shaving is a form of demand-side management or load control device that balances the network's power supply with the electrical load by modifying or regulating the load.

Infrastructural Development

The Saudi Arabian Diesel Genset market is anticipated to grow more rapidly as a result of urbanisation and general expansion of infrastructure. Its expansion will be ensured by the construction of reasonably priced mass housing, and a wide range of infrastructure initiatives in the hospitality, education, and healthcare sectors. The Saudi Arabian Diesel Genset business is anticipated to benefit significantly from recent government initiatives like the Saudi Arabia Vision 2030, in the next years. The region's increasing urbanisation is also anticipated to increase demand for diesel generator sets in the upcoming years.


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Saudi Vision 2030 in Various Infrastructure

In the Saudi Arabia region, where the growth of both private and public hospitals has accelerated over the past 10 years, the healthcare infrastructure has seen some major modifications. As part of Saudi Vision 2030, the Saudi government plans to invest more than USD 65 million in enhancing the country's healthcare system. By 2030, it also intends to boost private sector involvement from 40% to 65%, with 290 hospitals and 2,300 primary healthcare institutions being targeted for privatisation. The ageing population's increasing need for healthcare services is one of the main forces behind such a growth of the healthcare infrastructure. Thus, it is anticipated that all these factors would help Saudi Arabia's healthcare infrastructure improve and that the need for diesel generators will increase in the sector of healthcare infrastructure to ensure uninterrupted electrical supply. Therefore, all of these elements are ready to advance Saudi Arabia's healthcare system, and as a result, the Saudi Arabia Diesel Genset market is anticipated to grow in the upcoming years. Additionally, the diesel generator is used in highways, metros, trains, and many other infrastructure projects to ensure a constant supply of electricity and uninterrupted operations. For instance, DG sets are used in remote region road building projects to supply continuous electricity and finish the project on schedule, and in the next years, Railways plans to install diesel generators to power the air conditioning in trains.

Government Initiatives

The Saudi Vision 2030 was developed to diminish Saudi Arabia's dependency on oil, diversify its economy, and advance public services including healthcare, infrastructure, education, entertainment, and tourism. One of the most important pillars of Saudi Vision 2030, which aims to promote economic development and sustainable growth throughout the Kingdom, is the infrastructure sector. By 2030, it was intended to raise the percentage of infrastructure from 15% to 25%. For example, Saudi Arabia intended to invest USD 16.01 billion in transportation infrastructure, USD 17.80 billion in municipal services, USD 60.92 billion in health and social development, and USD 64.74 billion in education to support the region's infrastructure industry. Because of its goals for maintaining the fiscal health of the government and measures to increase private sector involvement in infrastructure development, the government will keep looking for P3 partnerships. Over the next 20 years, Saudi Arabia looks forward to investing USD 348 billion in infrastructure projects. As a result, Saudi Arabia's Diesel Genset market has grown significantly, thanks to their involvement in infrastructure construction projects there.

Market Segmentation

The Saudi Arabia Diesel Genset Market is divided into KVA Rating, Application and End User Industry. Based on KVA Rating, the market is divided into Small Diesel Generator {10KVA-375KVA}, Medium Diesel Generator {375KVA-1000KVA}, and Large Diesel Generator{1000+KVA}. 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 Market are Aksa Power Generation, Alkhorayef Group, Atlas Copco Industrial Equipment Co, Cummins Inc, Kirloskar DMCC, MTU Onsite Energy Corporation, Saudi Diesel Equipment Co. Ltd, Abdullah Hashim Co.Ltd (Damman), Caterpillar Inc, and Kohler Co.

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

Aksa Power Generation, Alkhorayef Group, Atlas Copco Industrial Equipment Co, Cummins Inc, Kirloskar DMCC, MTU Onsite Energy Corporation, Saudi Diesel Equipment Co. Ltd, Abdullah Hashim Co.Ltd (Damman), Caterpillar Inc, Kohler Co

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 Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Saudi Arabia Diesel Genset Market, By KVA Rating:

o   Small Diesel Generator {10KVA-375KVA}

o   Medium Diesel Generator {375KVA-1000KVA}

o   Large Diesel Generator{1000+KVA}

·         Saudi Arabia Diesel Genset Market, By Application:

o   Backup Power

o   Prime Power

o   Peak Shaving

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

o   Residential

o   Commercial

o   Industrial

o   Public

o   Others

·         Saudi Arabia Diesel Genset 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 Market.

Available Customizations:

Saudi Arabia Diesel Genset 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 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 Market

4.    Executive Summary

5.    Voice of Customers

6.    Saudi Arabia Diesel Genset Market Outlook

6.1.  Market Size & Forecast

6.1.1.       By Value

6.2.  Market Share & Forecast

6.2.1.       By KVA Rating ({Small Diesel Generator {10KVA-375KVA}, Medium Diesel Generator {375KVA-1000KVA}, Large Diesel Generator{1000+KVA})

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 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 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 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 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

11.2.   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 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.   Aksa Power Generation

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.   Alkhorayef Group

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.   Atlas Copco Industrial Equipment Co

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 Inc

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.   Kirloskar DMCC

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.   MTU Onsite Energy Corporation

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.   Saudi Diesel Equipment Co. 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.   Abdullah Hashim Co.Ltd (Damman)

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.   Caterpillar Inc

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.Kohler Co

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

16. Strategic Recommendations

16.1.   Key focus on Central- Northern Region

16.2.   Key focus towards Application Segment

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Aksa Power Generation, Alkhorayef Group, Atlas Copco Industrial Equipment Co, Cummins Inc, Kirloskar DMCC, MTU Onsite Energy Corporation, Saudi Diesel Equipment Co. Ltd, Abdullah Hashim Co.Ltd (Damman), Caterpillar Inc, Kohler Co. are among the leading players in the Saudi Arabia Diesel Genset Market.

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The major segments in the Saudi Arabia Diesel Genset Market are KVA Rating, Application and End User Industry.

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The Saudi Vision 2030 and Increasing Investments in Infrastructure Development are the major drivers of the Saudi Arabia Diesel Genset market.

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Strict Government Rules on the emission of GHG and changes in the supply chain are the major challenges faced by the Saudi Arabia Diesel Genset Market.

profile

Parvati Sharma

Account Manager BD
Press Release

Medium Diesel Genset {375.1kVA - 750kVA} segment is Expected to Dominate the Saudi Arabia Diesel Genset Market in the Forecast Period

Jan, 2023

The Saudi Vision 2030 and Increasing Investments in Infrastructure Development are driving the market of Saudi Arabia Diesel Genset market in the forecast period 2024-2028