Aug 1st 2015- Mumbai, India: Bharatbook.com announces a report on “Saudi Arabia Diesel Genset Market (2015-2021)”. Further, rising number of tourists have resulted into construction of new hotels and malls, which are depending heavily on diesel gensets.
Saudi Arabia Diesel Genset Market (2015-2021): Market Forecast (https://www.bharatbook.com/industrial-goods-machinery-market-research-reports-698028/saudi-arabia-diesel-genset.html) by Genset Ratings (5KVA-75KVA, 75.1KVA-375KVA, 375.1KVA-750KVA, 750.1KVA-1000KVA, 1000.1KVA-2000KVA, 2000.1KVA & Above), Applications (Metal & Mining, Energy & Utilities, Telecommunications, Construction and Others) and Regions (Eastern Region, Western Region, Southern Region and Central Region)
Increasing construction activities, expansion of public infrastructure, government policies to support establishment of new industries, increasing telecom infrastructure and need to supply power in off-grid and remote areas are the key factors that have spurred the market for diesel gensets in Saudi Arabia.
According to this research research, Saudi Arabia diesel genset market is projected to grow at a CAGR of 13.55% during 2015-21. In the country, 85 mega projects each worth of more than $1 billion are lined up, which are expected to be completed by 2030, would create huge demand for gensets in the coming years. Further, rising number of tourists have resulted into construction of new hotels and malls, which are depending heavily on diesel gensets.
Amongst all the applications, utilities, oil & gas, construction and industrial applications dominated the market, where major growth is exhibited in the construction and industrial application.
Diesel genset on rent is the major trend that is witnessed in the country. Infrastructure developing companies companies deploy gensets on rental basis at the construction sites to reduce the purchasing cost burden.
The report thoroughly covers the market by genset types, by KVA ratings, applications...