U.A.E. Diesel Generator Set Market Share, Size, Future Demand, and Emerging Trends

In 2021, the U.A.E. diesel generator set market stood at $143.6 million; it is expected to hit the value of $204.5 million, growing at a rate of 4.0% from 2021 to 2030. It is attributed to the surge in demand for prime and backup power sources in central spaces such as retail stores, office spaces, hospitals and hotels. There is a massive demand for medium and large DG sets for power generation in the commercial sector, majorly in mining, oil & gas, energy & power, and manufacturing industries.
 
The diesel generators are extensively utilized for global events in the country involving international participation or a vast number of visits. For instance, Expo 2020 conducted in 2021 was a recent global event in Dubai that increased the country's tourism and required an uninterrupted power supply, which was facilitated by the DG sets. Moreover, the rising power outages in the country have increased the demand for power backup sources resulting in the expansion of the market.
 
 
Under the application segment, the significant revenue contributor in the U.A.E. diesel generator set market is the industrial category, accounting for 40% share in 2021. It is expected to retain the same position in the near future resulting in a boom in the market. The rapid industrialization in the region expands the market with growing requirements for an uninterrupted power supply. The extensive industrial construction in the country is expected to propel the demand for diesel gensets.
 
The key players are focusing on launching new products to strengthen their presence and remain ahead of their competitors in the U.A.E. diesel generator set market. For instance, Kohler Co. launched diesel gensets named KD series diesel-powered generator sets with 4000 kVA and 4,500 kVA (50 Hz) or 3,500 kW and 4,000 kW (60Hz) capacity in November 2020. Similarly, Caterpillar Inc. launched Cat GC diesel gensets in October 2021.
Thus, the increasing industrial development and construction activities with no reliable power supply in the region lead to market expansion.
 
Posted in Default Category on September 25 2023 at 07:59 AM

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