Saudi Arabia Diesel Generator Market Report and Forecast 2024-2032

Saudi Arabia Diesel Generator Market Report and Forecast 2024-2032

Saudi Arabia Diesel Generator Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the Saudi Arabia diesel generator market size reached a value of USD 363.97 million in 2023. Aided by the increasing demand for reliable and continuous power supply and the growing applications of diesel generators in various sectors, the market is projected to further grow at a CAGR of 4.6% between 2024 and 2032 to reach a value of USD 547.65 million by 2032.

Diesel generators are essential power backup solutions, providing electricity during power outages and ensuring continuous operations in critical sectors. These generators are widely used across residential, commercial, and industrial applications for their efficiency, reliability, and durability. The market is experiencing significant growth due to the rising demand for uninterrupted power supply, the expansion of industrial activities, and the continuous development of infrastructure projects.

The increasing demand for reliable and continuous power supply is driving the Saudi Arabia diesel generator market growth. With the rising instances of power outages and the need for uninterrupted power in critical applications, diesel generators have become essential in ensuring a continuous power supply. These generators are widely used in hospitals, data centres, manufacturing facilities, and residential buildings to provide backup power during electricity outages, ensuring the smooth operation of essential services and processes.

The growing industrial activities and infrastructure development projects also play a significant role in the growth of diesel generator market in Saudi Arabia. Saudi Arabia is witnessing rapid industrialisation and urbanisation, leading to an increased demand for reliable power solutions to support various industrial and infrastructure projects. Diesel generators are used extensively in construction sites, oil and gas facilities, mining operations, and manufacturing plants to provide a reliable power source in remote and off-grid locations. The increasing focus on industrial expansion and infrastructure development has driven the demand for diesel generators in the country.

The expanding applications of diesel generators in various sectors significantly contribute to the market's growth. In the residential sector, diesel generators are used to provide backup power for homes and apartments during power outages, ensuring the continuous operation of essential household appliances and systems. The increasing adoption of home automation systems and the rising demand for uninterrupted power supply have driven the adoption of diesel generators in the residential sector, consequently driving up the Saudi Arabia diesel generator market share.

In the commercial sector, diesel generators are employed in offices, retail stores, hotels, and other commercial buildings to provide backup power during outages, ensuring the continuous operation of business activities. The growing focus on enhancing business continuity and minimizing downtime has driven the adoption of diesel generators in the commercial sector. Additionally, the hospitality sector's growth, driven by the increasing number of tourists and business travellers, has further boosted the demand for diesel generators in hotels and other hospitality establishments.

Standby power represents the largest application segment, driven by the high demand for backup power solutions in critical applications such as hospitals, data centers, and residential buildings. Continuous power and peak shaving are also significant, catering to the specific needs of industrial and commercial users for reliable and efficient power supply.

As per the Saudi Arabia diesel generator market analysis, the industrial sector represents the largest end-user segment, driven by the high demand for reliable power solutions in factories, oil and gas facilities, and other industrial sites. The commercial and residential sectors are also significant, with diesel generators being used to provide backup power for business activities and households during power outages.

Market Segmentation

The market can be divided based on power rating, mobility, cooling systems, application, and end use

Market Breakup by Power Rating

• Low Power Generator (0-75 kVA)
• Medium Power Generator (75-375 kVA)

Market Breakup by Mobility

• Portable
• Stationary

Market Breakup by Cooling Systems

• Air Cooled
• Liquid Cooled

Market Breakup by Application

• Standby Backup Power
• Prime/Continuous Power
• Peak Shaving Power

Market Breakup by End Use

• Industrial
• Residential
• Commercial

Competitive landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in Saudi Arabia diesel generator market. some of the major players explored in the report by expert market research are as follows:

• Caterpillar Inc
• Kohler Co.
• Cummins Inc.
• Doosan Corporation
• Atlas Copco AB
• Generac Power Systems, Inc.
• Saudi Diesel Equipment Co. Ltd.
• Perkins Engines Company Limited
• KUBOTA Corporation
• Honda Motor Co., Ltd.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.