Middle East and Africa Diesel Generator Set Market, By Ratings (0–75 kVA, 75–375 kVA, Above 375 kVA); By Application (Prime Power, Backup Power, Peak Shaving); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of Middle East and Africa), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
Middle-East and Africa Diesel Generator Set Market Size Set to Touch Whopping USD 1041.564 Million by 2029
Middle-East and Africa diesel generator set market is gaining traction because of the increased demand for uninterrupted power supply and growing construction activities.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Middle-East and Africa diesel generator set market size at USD 696.5139 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Middle-East and Africa diesel generator set market size to grow at a CAGR of 6.94% reaching a value of USD 1041.564 million by 2029. Rapid economic development and industrialization are significant growth drivers for the Middle East and Africa diesel generator set market, as they affect the demand for a constant supply of electricity in developing and growing nations.
Middle-East and Africa Diesel Generator Set Market – Overview
Diesel generators are devices that turn burning diesel fuel into electricity. To create power, these devices combine a diesel engine with an electric generator. All associated oil and gas operations, such as drilling, pumping, and loading, can have a constant source of electricity from diesel generators. Generator sets make it possible to have a power source when there is no electrical infrastructure. As a result, they remove roadblocks to project execution and aid in the development of isolated or underdeveloped areas.
Middle-East and Africa Diesel Generator Set Market
Segmental Information
Middle-East and Africa Diesel Generator Set Market – By Application
Based on application, the Middle-East and Africa diesel generator set market is segmented into prime power, backup power, and peak shaving. The prime power segment accounts for the highest market share. These generator sets act as an effective solution for a primary source of power in underdeveloped countries, such as Sudan and Uganda, with poor power infrastructure. The backup power also covers a substantial market share as they are used as an emergency power supply if the grid fails, which is why it is being prominently used in commercial facilities.
Impact of COVID-19 on Middle-East and Africa Diesel Generator Set Market
The COVID-19 pandemic negatively affected the growth of the Middle East and Africa diesel generator set market. The industries were temporarily closed and cross-border trade was restricted during the pandemic lockdown in the region. As a result, the operations of the oil sector, which is one of the major end-user industries of the diesel generator set market, were hindered due to limitations on its export from Middle East countries including Saudi Arabia and UAE. Furthermore, investment in the power sector and the establishment of power generation systems were also halted during this period, which directly influenced the demand for diesel generator sets.
Competitive Landscape
Major players operating in Middle-East and Africa diesel generator set market include Caterpillar Inc., Cummins Ltd, Yanmar Holdings Co. Ltd, Atlas Copco AB, Honda Siel Power Products Limited, Kirloskar Oil Engines Limited, Mitsubishi Heavy Industries Ltd, Perkins Engines Company Limited
To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Middle-East and Africa Diesel Generator Set Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle-East and Africa Diesel Generator Set Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Middle East and Africa Diesel Generator Set Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increased Demand for Uninterrupted Power Supply
- 3.2.1.2. Growing Construction Activities
- 3.2.2. Restraints
- 3.2.2.1. Advancements in Battery Technologies
- 3.2.2.2. Availability of Cleaner Alternatives
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Electricity Demand
- 3.2.3.2. Energy Production for Underserved Communities
- 3.2.4. Challenges
- 3.2.4.1. Lack of Access to Electricity
- 3.2.4.2. Remote Locations and Infrastructure
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Middle East and Africa Diesel Generator Set Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share and Forecast
- 4.2.1. By Ratings
- 4.2.1.1. 0–75 kVA
- 4.2.1.2. 75–375 kVA
- 4.2.1.3. Above 375 kVA
- 4.2.2. By Application
- 4.2.2.1. Prime Power
- 4.2.2.2. Backup Power
- 4.2.2.3. Peak Shaving
- 4.2.3. By Country
- 4.2.3.1. Saudi Arabia
- 4.2.3.2. UAE
- 4.2.3.3. Qatar
- 4.2.3.4. Kuwait
- 4.2.3.5. South Africa
- 4.2.3.6. Nigeria
- 4.2.3.7. Algeria
- 4.2.3.8. Rest of Middle East and Africa
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Middle East and Africa Diesel Generator Set Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on Middle East and Africa Diesel Generator Set Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Caterpillar Inc.
- 7.2. Cummins Ltd
- 7.3. Yanmar Holdings Co. Ltd
- 7.4. Atlas Copco AB
- 7.5. Honda Siel Power Products Limited
- 7.6. Kirloskar Oil Engines Limited
- 7.7. Mitsubishi Heavy Industries Ltd
- 7.8. Perkins Engines Company Limited
- 7.9. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumptions & Limitations
- *Financial information of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Middle East and Africa Diesel Generator Set Segmentation
- Figure 2 Middle East and Africa Diesel Generator Set Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Middle East and Africa Diesel Generator Set Market Size, By Value (USD Million), 2019–2029
- Figure 5 Middle East and Africa Diesel Generator Set Market Share, By Ratings, By Value, 2019–2029
- Figure 6 Middle East and Africa Diesel Generator Set Market Share, By Application, By Value, 2019–2029
- Figure 7 Middle East and Africa Diesel Generator Set Market Share, By Country, By Value, 2019–2029
- List of Tables
- Table 1 Middle East and Africa Diesel Generator Set Market Size, By Value (USD Million), 2019–2029
- Table 2 Middle East and Africa Diesel Generator Set Market Share, By Ratings, By Value, 2019–2029
- Table 3 Middle East and Africa Diesel Generator Set Market Share, By Application, By Value, 2019–2029
- Table 4 Middle East and Africa Diesel Generator Set Market Share, By Country, By Value, 2019–2029
- Table 5 Caterpillar Inc. Company Overview
- Table 6 Caterpillar Inc. Financial Overview
- Table 7 Cummins Ltd Company Overview
- Table 8 Cummins Ltd Financial Overview
- Table 9 Yanmar Holdings Co. Ltd Company Overview
- Table 10 Yanmar Holdings Co. Ltd Financial Overview
- Table 11 Atlas Copco AB Company Overview
- Table 12 Atlas Copco AB Financial Overview
- Table 13 Honda Siel Power Products Limited Company Overview
- Table 14 Honda Siel Power Products Limited Financial Overview
- Table 15 Kirloskar Oil Engines Limited Company Overview
- Table 16 Kirloskar Oil Engines Limited Financial Overview
- Table 17 Mitsubishi Heavy Industries Ltd Company Overview
- Table 18 Mitsubishi Heavy Industries Ltd Financial Overview
- Table 19 Perkins Engines Company Limited Company Overview
- Table 20 Perkins Engines Company Limited Financial Overview
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