The growing number of foreign investments in the country on an account of the country’s political and economic stability is anticipated to positively impact the construction industry. Moreover, the government’s initiatives to diversify the country’s economy and boost the focus toward non-oil sectors have positively impacted the number of foreign investments in the country. The surging number of greenfield investments in the country is projected to introduce several new buildings in the country, which can lead to greater opportunities for the companies offering diesel generators in the country.
According to MarkNtel Advisors’ research report titled “UAE Diesel Generator Market Analysis, 2020”, the Diesel Generator market is projected to register a CAGR of less than 5% during 2020-25. The diesel generators with 5 KVA to 75 KVA capacity captured a considerable market share in the UAE Diesel Generator market in 2019. The increasing construction projects and growing electricity consumption in the country are anticipated to positively impact the growth of UAE Diesel Generator market.
Moreover, the commercial & telecom sector acquired a significant market share in the overall UAE Diesel Generator market in 2019. The increasing initiatives by the government such as UAE Vision 2021 and the advent of mega-events such as Dubai Expo 2020 have strongly contributed to the growth of the construction sector in the country. Therefore, these factors are anticipated to boost the growth of the UAE Diesel Generator market.
According to MarkNtel Advisors, the key players capturing a substantial market share in the UAE Diesel Generator market include Mitsubishi, Caterpillar Inc., FG Wilson, Cummins Inc., Himoinsa, etc. The companies are introducing new types of diesel generators in the region that are more energy-efficient than the traditional generators thereby gaining a competitive edge over its competitors. Hybrid generators are new-age generators that provide a fuel-efficient, generate less noise, and are an environment-friendly source of power supply.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of UAE Diesel Generator market during 2020-25?
A. The market size of UAE Diesel Generator market during 2020-25 is forecast to be less than 5%.
Q. Which KVA rating of Diesel Generator services would grab the highest market share during 2020-25?
A. The diesel generator with 5 KVA to 75 KVA capacity captured a considerable market share in the UAE diesel generator market.
Q. Who are the key competitors or players operating in UAE Diesel Generator market?
A. Mitsubishi, Caterpillar Inc., FG Wilson, Cummins Inc., Himoinsa are few of the leading players in the UAE Diesel Generator market.
Q. Does the report scope cover Diesel Generator type wise market statistics also?
A. Yes, the scope of the report encompass detailed Diesel Generator type wise statistics such as market size, market segmentation based on various subcategories.
Q. Which end user segment would emerge as an opportunity area for players in Diesel Generator?
A. The commercial & telecom sector would continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Diesel Generator across UAE.
