A diesel generator is the sequence of diesel engines with an electric generator to produce electrical energy. It is well-designed to run on diesel fuel, but some alternative types are modified to function with other liquid fuels or natural gas.
According to MarkNtel Advisors' research report, "Egypt Diesel Generator Market Analysis, 2021," the market is likely to grow at a CAGR of 5% in the forecast period of 2021-26. It owes prominently to the rapidly soaring construction of residential units and power & desalination plants on the back of government initiatives, fueling the demand for diesel generators in Egypt. In recent years, the government awarded a contract to the Egyptian subsidiary Metito with Orascom Construction to build a wastewater treatment plant in New Alamein. The city of New Alamein is under construction in Northern Egypt and would require the wastewater treatment plant to recycle & reuse wastewater. The project cost is estimated to be around USD 28 million, a massive investment in the regional market. Hence, establishing wastewater treatment & desalination plants in the country shall fuel the Egypt Diesel Generator Market.
Key questions answered in the study
Industrial & Commercial Sector to Attain the Largest Market Share
The Egypt Diesel Generator Market bifurcates in numerous segments, where the based on the End-Users, it segments into Residential, Mining, Oil & Gas, Industrial & Construction, Telecom, and Others. Amongst all, the Industrial & Commercial sector is likely to hold a significant market share in the forecast period. It owes prominently to the increasing initiatives by the government like the Egypt Vision 2030, making a positive impact on the construction sector. Besides, in recent years, Kuwait provided a loan of around USD 50 million for the financing of four desalination plant projects having a total production capacity of 56 thousand cubic meters. All these contributions are supporting the growth of the market in attaining a massive share.
“Egypt Diesel Generator Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Diesel Generator providers across the country. Moreover, the report also encompasses the key strategic imperatives for competitors’ success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate ‘Go to Market’ strategies and identify the blue ocean for their offerings.
Eastern Egypt Exhibits the Fastest Growth
The Egypt Diesel Generator Market is actively expanding throughout the country. However, the Eastern part of the country is more likely to witness the fastest market growth in the forecast years of 2021-26. It owes prominently to the rapidly increasing infrastructure projects, widening power demand-supply gap, expansion of manufacturing facilities, and soaring construction of commercial office spaces. Furthermore, the country is also benefiting from the cost-effectiveness of diesel generators, with advanced living standards resulting in an increasing demand for power backup devices. Hence, the Diesel Generator market is likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, "Egypt Diesel Generator Market Analysis, 2021."
According to MarkNtel Advisors, the leading players in the Egypt Diesel Generator Market are Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU.