Market Overview
A diesel generator is a device that transforms chemical energy present in diesel into electrical energy by employing a diesel engine & an AC alternator altogether. It also has a fuel tank, control panel, and radiator.
According to the MarkNtel Advisors’ research report, “Egypt Diesel Generator Market Analysis, 2021,” the market is likely to grow at a CAGR of around 5% in the forecast period of 2021-26. It owes to numerous parameters like:
| Report Coverage | Details |
| Study Period | Historical Data: 2016-20 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-26) | 5% |
| Key Companies Profiled | Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU |
| Unit Denominations | USD Million/Billion |
Impact of COVID-19
The outbreak of the Covid-19 pandemic had the most significant impact on the Egypt Diesel Generator Market and brought extensive challenges to it. Numerous industries are finding it difficult to get their usual pace back, especially in developing countries, due to the reduced trade & imports post the imposition of strict norms and lockdowns, leading to a substantial decline in the Egypt Diesel Generator Market.
However, with the gradual relaxations in government restrictions, the overall Egypt Diesel Generator Market is likely to regain its optimum pace & growth in the years to come. Moreover, manufacturing units and trade & imports are likely to begin and enable the market to recover from the losses.
Market Segmentation
5 KVA to 75 KVA Capacity to Attain the Largest Market Share
Based on the Capacity of the Diesel Generators, the market bifurcates into 5 KVA to 75KVA, 75.1 KVA to 375 KVA, 375.1 to 750 KVA, 750.1 KVA to 1000 KVA, and Above 1000 KVA. Each generator has a different purpose and suffices the needs and requirements of the end-user. However, of the lot, the diesel Generator with 5 KVA to 75KVA capacity is more likely to attain the largest market share in the forecast years. It owes to factors like the increasing demand & supply gap of electricity in the country, oil & gas, growing investments in infrastructure, chemicals, petrochemicals, etc. Hence, to suffice the needs in all these industries, the demand is propelling exponentially, resulting in the Egypt Diesel Generator Market attaining the largest share in the forecast years.
Oil & Gas Industry to Witness the Fastest Growth in the Forecast Years
Amongst the End-User, the Egypt Diesel Generator Market bifurcates into Residential, Mining, Oil & Gas, Industrial & Construction, Telecom, and Others. Out of all, the fastest market growth is likely to be in the Oil & Gas sector prominently due to the growing number of users of diesel generators in Egypt. Since these processes are critical, they are generally backed by a secondary power source like diesel gen-sets, providing power when there is an outage. Further, Diesel Generators are also widely used in the Oil & Gas industry to enhance the existing load & power requirements, and propel the demand for Diesel Generators in the Oil & Gas industry, leading the Egypt Diesel Generator Market toward robust growth, states MarkNtel Advisors in their research report, “Egypt Diesel Generator Market Analysis, 2021.”
Regional Landscape
Western Egypt to Attain the Largest Market Share
The Egypt Diesel Generator Market is expanding widely. However, the Western part of the country is more likely to attain the largest market share in the forecast years, owing to the rapidly increasing demand for continuous & reliable power supply in the industrial & manufacturing facilities. Besides, the commercial & industrial sectors in the developing economies, the residential sector in developed economies, and the growing need for power in defense operations are other critical aspects likely to create lucrative opportunities for market participants in West Egypt. Hence, the overall market shall benefit from these factors and attain the largest share in Western Egypt.
Market Driver
The growing number of tourist arrivals surging the demand for Diesel Generators is likely to impact the Egyptian market positively in the forecast years. Besides, other favorable factors supporting the market growth are the expanding hospitality sector resulting in establishing new hotels in the country, which shall propel the demand for diesel generators. Furthermore, the rising environmental concerns & government focus on the desalination of plants are likely to upsurge the demand for diesel generators. Therefore, these factors shall strongly contribute to the growth of the Egypt Diesel Generator Market and create lucrative opportunities in the forecast years.
Competitive Landscape
According to MarkNtel Advisors, the leading players in the Egypt Diesel Generator Market are Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc, and MTU.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation, and Statistics
Frequently Asked Questions
A. Egypt Diesel Generator Market is likely to grow at a CAGR of around 5% in the forecast period of 2021-26.
A. Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc, and MTU are a few of the leading players in the Egypt Diesel Generator Market.
A. 5 KVA to 75 KVA Capacity is likely to attain the highest CAGR during the forecast period and maintain its significant market share
A. Western Egypt continues to grow at the highest CAGR in the forecast period of 2021-26, presenting immense opportunities for market players of the Egypt Diesel Generator Market.
A. The expanding hospitality sector resulting in establishing new hotels in the country shall fuel the demand for diesel generators. Furthermore, the rising environmental concerns & government focus on the desalination of plants are likely to upsurge the demand for diesel generators and create lucrative opportunities in the forecast years.
A. With the gradual relaxations in government restrictions, the overall Egypt Diesel Generator Market is likely to regain its optimum pace & growth in the years to come. Manufacturing units and trade & imports are likely to begin, enabling the market to recover from losses.
