Saudi Arabia Portable
Generator market is anticipated to grow at a rate of an impressive CAGR in the
forecast period, 2023-2027. The primary influencing factors for the Saudi
Arabia Portable Generator market growth are the need for backup power during a power
outage and the introduction of technologically advanced portable generators.
Portable generators
produce electricity by running a gas-powered engine that turns an onboard
alternator to generate electrical power. It consists of a machine that turns on
a small turbine, which creates electricity up to a certain wattage level. The
development of smart cities and green initiatives owing to the ongoing Vision
2030 creates the demand for the generation and distribution of electric supply.
Growing Demand for Continuous
Power Supply Fuels Market Growth
The oil and gas industry is
considered one of the major revenue-generating industries. The government of
Saudi Arabia is trying to diversify the income sources to lower the dependence
on the oil industry. Leading authorities are introducing several economic and
infrastructure development plans, such as Saudi Vision 2030, which aims to
boost the country's current financial status. The uninterrupted power supply is
considered a vital part responsible for the economic progress of a country.
Power outage or interruption in the power supply affects a large number of
ongoing activities, which may adversely impact the country's financial status.
Inadequate power supply hampers the normal functioning of the small and
medium-sized enterprises and also for commercial spaces. The use of portable
generators ensures the continuous electric supply, which is one of the major
reasons for their substantial demand in the country.
Flourishing Construction
Industry Drives the Market Growth
Leading authorities have
allocated huge funds for the infrastructure development and introducing plans
and initiatives which in turn is expected to accelerate the growth of the
construction industry. Development of the private sector and ongoing reforms
Saudi Vision 2030, National Transformation Program 2025 are of the major
contributing factors boosting the growth of the construction activities. Ministry
of Municipalities and Rural Affairs in Makkah have announced several
construction projects including the Grand Mosque, King Abdullah Security
Compounds, the Red Sea Project, Qiddiya entertainment city, King Salman Energy
Park (Spark). Riyadh Rapid Bus Transit System, Jean Nouvel’s Sharaan resort in
Al-Ula and others which are significantly boosting the ongoing construction
activities. To support the ongoing construction activities, continuous power
supply is required. Portable energy generator is employed to satisfy the
growing needs of uninterrupted power supply at remote locations during the
construction activities. Due to the implementation of the stringent regulations
to minimize the harmful gas emissions is making the portable generator market
players to introduce generators having lower greenhouse gas emissions.
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Market Segmentation
The Saudi Arabia Portable
Generator market is segmented on the basis of fuel type,
end-user, power rating, application, regional distribution, and company. Based
on the fuel type, the market is divided into diesel, gasoline, natural gas
& LPG. Based on the end-user, the market is divided into commercial,
industrial, and residential. Based on the power rating, the market is divided
into less than 5 kVA, 5-10 kVA, and 10-20 kVA. Based on the application, the
market is divided into emergency and prime/continuous. To analyze the market
based on the region, the Saudi Arabia Portable Generator market is studied in
major regions namely North & Central region, Southern region, Western region,
and Eastern region.
Market Players
Jubaili Bros, Jimen Power
General Trading FZE, Himoinsa, Atlas Copco, Aggreko, Energia, Honeywell
International, Siemens Limited, Briggs & Stratton Co., Generac, Eaton,
Caterpillar etc., are among the major market players in the Saudi Arabia
platform that lead the market growth of the Saudi Arabia Portable Generator
market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, company share, competitive landscape, growth
factors, and trends
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Segments covered
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Fuel Type
End-User
Power Rating
Application
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Regional scope
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Northern & Central, Southern, Eastern, Western
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Key companies profiled
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Jubaili Bros, Jimen Power General Trading
FZE, Himoinsa
Atlas Copco, Aggreko, Energia, Honeywell
International, Siemens Limited, Briggs & Stratton Co., Generac, Eaton, Caterpillar
etc.
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, Saudi Arabia Portable
Generator market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- Saudi Arabia Portable
Generator Market, By Fuel Type:
- Diesel
- Gasoline
- Natural Gas & LPG
- Saudi Arabia Portable Generator Market, By End-User:
- Commercial
- Industrial
- Residential
- Saudi Arabia Portable Generator Market, By Power Rating:
- Less Than 5 kVA
- 5-10 kVA
- 10-20 kVA
- Saudi Arabia Portable Generator Market, By Application:
- Emergency
- Prime/Continuous
- Saudi Arabia Portable
Generator Market, By Region:
- Northern & Central
- Southern
- Eastern
- Western
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Saudi Arabia Portable Generator
market.
Available Customizations:
With the given market data, TechSci
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 Portable Generator 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]