Saudi Arabia Power Rental

Saudi Arabia Power Rental Market Research Report: Forecast (2022-27)

By Type (Diesel Generator, Gas Generator), By Capacity (Up to 100 KVA (100.1 KVA-350 KVA, 350.1-750 KVA, 750.1-1000KVA), Above 1000 KVA), By Application (Power Utilities, Oil & Gas, Construction, Mini Read more

  • Energy
  • Mar 2022
  • 129
  • EN44015

Power rental services deliver an uninterrupted energy supply to consumers and are ideal across remote areas with limited access to power. These services come in handy mainly when there is transmission disconnection, grid failure, & power outage, among others. Industries like mining, construction, manufacturing, etc., are the prominent consumers of power rental services across Saudi Arabia.

Market Insights

The Saudi Arabia Power Rental Market is projected to grow at around 12% CAGR during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven by the rapidly increasing construction activities in Saudi Arabia, owing to the growing government focus on infrastructural developments for economic diversification, i.e., propelling the demand for interrupted power supply for various operations at sites. It, in turn, is soaring the need for power supply on a rental basis and driving the market across Saudi Arabia.

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
CAGR (2022-2027) 12%
Key Companies Profiled Al-Futtaim Auto Machinery Co., Aggreko, Byrne Equipment Rental, Cummins, Energy Equipment Rental Co., Hertz Dayim Equipment Rental, Peax Equipment Rental, Rental Solutions & Services, Nour Energy Co. Ltd., Smart Energy Solutions
Unit Denominations USD Million/Billion

 

Additionally, escalating tourism and a growing number of hotels & resorts are also surging the demand for power rental services for several day-to-day operations. Besides, the increasing establishment of multinational companies is also stimulating the construction activities in the country and, in turn, fueling the demand for power rental services. 

Moreover, massive government support through various initiatives & strategic frameworks like Saudi Vision 2030 to transform the country's economy is another crucial aspect anticipated to generate lucrative growth opportunities for the leading players in the Saudi Arabia Power Rental Market during the forecast period. For instance:

  • In April 2020, the Ministry of Industry & Mineral Resources of Saudi Arabia assigned several mining reserves across regions like Ha'il, Riyadh, Asir, Makkah, Najran, & Madinah to boost the entire energy industry under Vision 2030.

In addition, the presence of natural resources like oil & gas entwined with growing mining activities in the country are also expanding the potential for power rental services & boosting the overall market. Furthermore, the massive funding for the exploration & production of reservoirs is another vital factor displaying substantial potential for the leading market players through 2027.

1.     Introduction

1.1.   Research Process

1.2.   Assumption

1.3.   Market Segmentation

1.4.   Market Definition

2.     Executive Summary

3.     Saudi Arabia Macroeconomic Outlook

4.     Saudi Arabia Diesel Generator Industry, Customer Survey

4.1.   Customer Priorities

4.2.   Expectations from Vendors

4.3.   Brand Awareness

4.4.   Price Neutrality

4.5.   Current Brand Satisfaction Level

4.6.   Plan to Opt for Power Rental Equipment in Future

5.     Saudi Arabia Power Rental Market Outlook, 2017-2027F

5.1.   Market Size & Analysis

5.1.1. Market Revenues

5.2.   Market Share & Analysis

5.2.1. By Type

5.2.1.1. Diesel Generator

5.2.1.2. Gas generator

5.2.2. By Capacity

5.2.2.1. Up to 100 KVA

5.2.2.2. 100.1 KVA-350 KVA

5.2.2.3. 350.1-750 KVA

5.2.2.4. 750.1-1000KVA

5.2.2.5. Above 1000 KVA

5.2.3. By Application

5.2.3.1. Power Utilities

5.2.3.2. Oil & Gas

5.2.3.3. Construction

5.2.3.4. Mining

5.2.3.5. Others

5.2.4. By Region

5.2.4.1. East

5.2.4.2. North

5.2.4.3. South

5.2.4.4. Central

5.2.5. By Company

5.2.5.1. Competitor Wise Revenue Share

5.2.5.2. Strategic Factorial Indexing

5.2.5.3. Competitor Placement on MarkNtel Quadrant

6.     Saudi Arabia Diesel Upto 100 KVA Generator Rental Market Outlook, 2017-2027F

6.1.   Market Size & Analysis

6.1.1. Market Revenues

6.2.   Market Share & Analysis

6.2.1. By Type

6.2.2. By Application

6.2.3. By Region

7.     Saudi Arabia Diesel 350.1 KVA to 750 KVA Generator Rental Market Outlook, 2017-2027F

7.1.   Market Size & Analysis

7.1.1. Market Revenues

7.2.   Market Share & Analysis

7.2.1. By Type

7.2.2. By Application

7.2.3. By Region

8.     Saudi Arabia Diesel Above 1,000 KVA Generator Rental Market Outlook, 2017-2027F

8.1.   Market Size & Analysis

8.1.1. Market Revenues

8.2.   Market Share & Analysis

8.2.1. By Type

8.2.2. By Application

8.2.3. By Region

9.    Saudi Arabia Power Rental Market Trends & Developments

10.  Saudi Arabia Power Rental Policy & Regulations

11.  Saudi Arabia Power Rental Market Dynamics

11.1.Impact Analysis

11.2.Drivers

11.3.Challenges

12.  Saudi Arabia Power Rental Market Pricing Analysis

13.  Competitive Benchmarking

13.1.Competition Matrix

13.1.1.   Competitor Capabilities

13.1.2.   Target Markets

13.1.3.   Target End Users

13.1.4.   Strategic Alliances or Partnerships

13.1.5.   Strategic Initiatives

13.2.Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/Partnerships, Future Plans)

13.2.1.   Al-Futtaim Auto Machinery Co.

13.2.2.   Aggreko

13.2.3.   Byrne Equipment Rental

13.2.4.   Cummins

13.2.5.   Energy Equipment Rental Co.

13.2.6.   Hertz Dayim Equipment Rental

13.2.7.   Peax Equipment Rental

13.2.8.   Rental Solutions & Services

13.2.9.   Nour Energy Co. Ltd.

13.2.10.  Smart Energy Solutions

14.  Disclaimer

Saudi Arabia Power Rental Market Segmentation
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