MarkNtel Advisors – Leading Market Research Company found Saudi Arabia Power Market is expected to reach 12% CAGR Growth By 2027.
This report provides a comprehensive analysis of the Saudi Arabia Power Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.
Comprehensive Analysis of the Saudi Arabia Power Market
Base Year: 2021
Forecast Years: 2022-2027
Historical Years: 2017-2020
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Scope of the Saudi Arabia Power Market Report:
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.
What are the different Segment Available in the Saudi Arabia Power Market?
By Type
- Diesel Generator
- Gas generator
By Capacity
- Up to 100 KVA
- 1 KVA-350 KVA
- 1-750 KVA
- 1-1000KVA
- Above 1000 KVA
By Application
- Power Utilities
- Oil & Gas
- Construction
- Mining
- Others
By Region
- East
- North
- South
- Central.
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Leading Saudi Arabia Power companies operating in the Market
- 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.
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