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Saudi Arabia Diesel Generator Market Size (2024 - 2029)

The Saudi Arabia diesel generator market is anticipated to experience growth driven by the increasing number of infrastructure projects and rising electricity demand, supported by favorable government initiatives. Despite these positive factors, the market's expansion may be challenged by the country's shift towards renewable energy sources. The industrial sector has historically contributed the largest portion of revenue due to its need for reliable power supply. Additionally, the growing number of telecom subscribers is expected to create opportunities for market participants through the increased installation of telecom towers requiring continuous power. The standby power application, particularly in industrial and commercial sectors, has also been a significant contributor to the market's size.

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Market Size of Saudi Arabia Diesel Generator Industry

Saudi Arabia Diesel Generator Market: Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2020 - 2022
CAGR > 4.18 %

Major Players

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*Disclaimer: Major Players sorted in no particular order

Saudi Arabia Diesel Generator Market Analysis

The Saudi Arabia diesel generator market is expected to grow at a CAGR of more than 4.18% over the period of 2020-2025. The rising number of infrastructure projects, growing electricity demand supported by favorable government initiative schemes for the overall development of the country are some of the key driving factors for the diesel generator market in Saudi Arabia. On the flip side, the country's efforts to diversify its power generation mix by introducing renewable energy sources are expected to hinder the growth of the market studied.

  • The industrial sector accounted for the largest share of the revenue from the sale of diesel generators in 2019 owing to the increasing demand for continuous and reliable power supply from the industrial sector.
  • An increasing number of telecom subscribers have created a need to increase the installation of telecom towers in the Kingdom of Saudi Arabia. These towers require a continuous power supply, which is expected to create significant opportunities for market participants in the near future.
  • Standby power source by application accounted for the largest share in the market in 2019, with the majority of the demand coming from industrial and commercial sectors, this is likely to propel the growth of Saudi Arabia diesel generator market

Saudi Arabia Diesel Generator Industry Segmentation

The Saudi Arabia diesel generator market report includes:

Capacity
Below 75 kVA
75-350 kVA
Above 350 kVA
End-User
Residential
Commercial
Industrial
Application
Standby Backup Power
Prime/Continuous Powe
Peak Shaving Power
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Saudi Arabia Diesel Generator Market Size Summary

The Saudi Arabia diesel generator market is poised for growth, driven by an increase in infrastructure projects and a rising demand for electricity, supported by favorable government initiatives. The industrial sector, which includes mining, manufacturing, and construction, is the largest consumer of diesel generators, relying on them for continuous and reliable power supply, especially during outages. The expansion of the telecom industry, with a growing number of subscribers necessitating more telecom towers, further fuels the demand for diesel generators. Despite the push towards renewable energy sources, diesel generators remain a critical component of the power supply infrastructure, particularly in regions with limited grid access.

The market is characterized by significant investments in world-class infrastructure, expansion in the healthcare and housing sectors, and the development of new industrial projects, such as petrochemical and refinery plants. These developments underscore the importance of diesel generators as a standby power source, ensuring uninterrupted business operations and mitigating downtime. The cost-effectiveness and availability of diesel fuel make these generators a preferred choice for many sectors. The market is moderately fragmented, with key players like Atlas Copco AB, Caterpillar Inc, Generac Holdings Inc, Kohler Co., and Cummins Inc. actively participating in the region's growth trajectory.

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Saudi Arabia Diesel Generator Market Size - Table of Contents

  1. 1. MARKET OVERVIEW

    1. 1.1 Introduction

    2. 1.2 Market Size and Demand Forecast in USD million, till 2025

    3. 1.3 Recent Trends and Developments

    4. 1.4 Government Policies and Regulations

    5. 1.5 Market Dynamics

      1. 1.5.1 Drivers

      2. 1.5.2 Restraints

    6. 1.6 Supply Chain Analysis

    7. 1.7 PESTLE Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 Capacity

      1. 2.1.1 Below 75 kVA

      2. 2.1.2 75-350 kVA

      3. 2.1.3 Above 350 kVA

    2. 2.2 End-User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

      3. 2.2.3 Industrial

    3. 2.3 Application

      1. 2.3.1 Standby Backup Power

      2. 2.3.2 Prime/Continuous Powe

      3. 2.3.3 Peak Shaving Power

Saudi Arabia Diesel Generator Market Size FAQs

The Saudi Arabia Diesel Generator Market is projected to register a CAGR of greater than 4.18% during the forecast period (2024-2029)

Atlas Copco AB, Caterpillar Inc, Generac Holdings Inc, Kohler Co and Cummins Inc. are the major companies operating in the Saudi Arabia Diesel Generator Market.

Saudi Arabia Diesel Generator Market Report Snapshots

Saudi Arabia Diesel Generator Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)