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New Delhi, September 15, 2022 (GLOBE NEWSWIRE) — The UAE diesel generator set market is booming at a strong pace due to increasing foreign direct investment in greenfield construction. This, in turn, could lead to more growth prospects for diesel generators in healthcare, accommodation, industrial, retail and power development in the UAE – https://www.blueweaveconsulting.com/report/uae-diesel-generator-set-market
Blueprint Consultinga leading strategic consulting and market research firm, in its recent study estimated the UAE diesel generator set market size at $163.6 million exist 2021. and blue pattern The UAE diesel generator set market is forecast to grow substantially compound annual growth rate of 14.7% During the forecast period (2022-2028), reaching $402.3 million by 2028. Rising foreign direct investment in the country’s construction sector is a major growth factor for the market. The UAE government’s measures to expand the economy and strengthen its focus on non-oil sectors have had a favorable impact on the volume of foreign investment in the country.
UAE diesel generator set market – booming infrastructure sector
In the UAE diesel generator set market, the commercial and telecommunications sectors have significantly increased their market share. The emergence of major events such as Expo 2020 Dubai and the expansion of government programs such as UAE Vision 2021 have contributed significantly to the country’s expanding construction industry. Hence, these factors are expected to accelerate the growth of the UAE diesel generator set market. This is due to the increasing use of these generator sets as backup power sources in retail locations, healthcare facilities, lodging facilities and industrial sites.
growth factor
Increased demand for primary and secondary power supplies
remarkable growth UAE diesel generator set market Associated with the growing demand for primary and secondary power sources, especially in residential structures, retail establishments, office buildings, hospitals and lodging facilities. High demand for medium and high power diesel generator sets from the commercial sector and expansion in industries such as manufacturing, construction, mining, energy power, oil and gas, is another major factor driving the market. The UAE also witnesses hyperscale cloud providers and other The increased use of data centers by companies in the industry is looking to capitalize on growing local and international data consumption. The need for cloud-based facilities in the country has also been driven by the government. Furthermore, due to the rapid development of emerging technologies such as IoT, big data, edge computing and 5G connectivity, more data storage capacity is now crucial in the UAE.
Companies in the construction, oil and gas industries and other organisations in the UAE are increasingly relying on energy efficient DG units. Key players in the UAE diesel generator set market are launching new products, forming alliances, allocating resources and capital to build or improve their supply chains to meet growing demand.
Growing demand for continuous and reliable energy supply owing to rapid industrialization is also likely to drive the market. Additionally, a number of government initiatives, including Dubai’s Industrial Strategy 2030, Abu Dhabi Plan 2030, Fujairah Plan 2040 and UAE Water Security Strategy 2036, aim to improve water supply, housing, transport, infrastructure and tourism, among others Public Service. Therefore, there is a high demand for diesel generator sets in the UAE.
segment coverage
UAE diesel generator set market – By Application
Driven by the rapid development of the industry, the application of the industrial field in the UAE diesel generator set market is in a leading position. The adoption of diesel generator sets for industrial applications will also be influenced by the country’s expanding number of industrial construction projects throughout the forecast period.
Regional Insights
As the Middle East is rich in natural resources and needs to explore large reserves with minimal capital expenditure, the diesel generator set industry is expected to pass Abu Dhabi, Dubai and the rest of Emirates in the coming years.
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Covid-19 Impact on UAE Diesel Generator Sets Market
Due to the outbreak of COVID-19, the government’s state-wide lockdown that has halted all construction projects and disrupted the supply and demand of diesel genset systems has negatively impacted the diesel genset industry in the country in 2020. However, sales are starting to rebound in 2021.
Competitive Landscape
Major players are increasingly launching new products to consolidate their position in the highly competitive UAE diesel generator set market. In addition, in November 2020, Kohler Corporation launched KD series diesel generator sets, all driven by KOHLER KD103V20 diesel engines, with outputs of 3,500 kW, 4,000 kW (60 Hz), 4,000 kVA and 4,500 kVA.
recent developments
To gain a competitive edge over their competitors, the companies are launching new diesel generators in the region that are more energy efficient than traditional generators. Modern generators, known as hybrid generators, are a quiet, fuel-efficient and environmentally friendly source of energy. For example, in November 2020, Kohler Corporation introduced the KD series, a series of diesel generator sets with outputs of 3,500 kW, 4,000 kW (60 Hz), 4,000 kVA and 4,500 kVA (50 Hz).
Report Scope
| Attributes | detail |
| year considered | Historical Data – 2018–2021 |
| Base Year – 2021 | |
| Projected Year – 2022 | |
| Forecast – 2022–2028 | |
| Covered Facts | million dollar revenue |
| Product/Service Segmentation | By power rating, by end user, by sales channel, by region |
| key figure; main force; important member | Kohler Power India Ltd., Cooper Corporation Pvt. Ltd., Ashok Leyland Limited, Cummins India Ltd., Mitsubishi Heavy Industries, Ltd., Greaves Cotton Limited, Kirloskar Oil Engines Limited, VE Commercial Vehicles Limited, Escorts Limited, Tractors and Farm Equipment Limited, Mahindra Powerol Ltd., Sterling Generators Pvt. Ltd, Birla Power Solutions Limited, Caterpillar Inc., other well-known companies |
By rated power
- 5kVA–75kVA
- 76kVA–375kVA
- 376kVA–750kVA
- Above 750 kVA
By end user
- retail
- Commercial Building
- telecommunications
- Healthcare and Hospitality
- BFSI
- Residential
- electricity company
- Petroleum and natural gas
- food and drinks
- chemical
- other
By sales channel
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