Oct 27, 2022   SOURCE: BusinessWire

Saudi Arabia Portable Generator (Less Than 5 kVA, 5-10 kVA, and 10-20 kVA) Markets, Analysis, Competition, Forecast & Opportunities, 2027 - ResearchAndMarkets.com

The "Saudi Arabia Portable Generator Market, By Fuel Type (Diesel, Gasoline, Natural Gas & LPG), By End-User (Commercial, Industrial and Residential), By Power Rating (Less Than 5 kVA, 5-10 kVA, and 10-20 kVA), By Application, By Region, Competition, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering.

Saudi Arabia Portable Generator market is expected to register a significant growth during the forecast period

The growth can be attributed to the rising need for backup power during power outages and increasing concerns over power stability for uninterrupted business operations during extreme weather events.

Development of smart cities and growing number of green initiatives as a part of Saudi Arabia 2030 vision has created a demand for portable generators to prevent unpredictable and frequent power failures, which is contributing to the Saudi Arabia portable generator market growth. Rising investments in backup power solutions and growing consumer awareness towards emergency preparedness are also driving the adoption of portable generators in Saudi Arabia.

Moreover, rising penetration of low-cost, diesel-fueled, and natural gas generators as well as increased energy consumption are supporting the growth of the Saudi Arabia portable generator market. Tremendous growth in urbanization and rising infrastructural activity are adding to the uptake of portable generators, which is expected to boost their market growth in the coming years.

Stringent norms to reduce the emission of harmful gases are increasing the demand for natural gas generators as they are more eco-friendly than diesel-generators, which is fueling the growth of Saudi Arabia portable generators. However, government initiatives for strengthening the power supply in the country to prevent frequent power outages could restrict the growth of portable generators in the country.

Diesel fuel portable generator segment is anticipated to dominate the Saudi Arabia portable generator market owing to advantages such as higher efficiency, economical than gasoline, and enhanced durability. However, natural gas portable generators segment is anticipated to register the fastest growth in Saudi Arabia portable generator market during the forecast period owing to growing environmental awareness and availability of cost-effective models.

Based on the end-user, the market is divided into commercial, industrial, and residential. The residential sector is expected to register the highest growth in Saudi Arabia portable generator market on account of increased electricity demands and rapid urbanization.

Objective of the Study:

  • To analyze the historical growth of the market size of Saudi Arabia portable generator market from 2017 to 2020.
  • To estimate and forecast the market size of Saudi Arabia portable generator market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast Saudi Arabia portable generator market based on material, product type, structure, application, distribution channel, competitional landscape, and regional distribution.
  • To identify dominant region or segment in the Saudi Arabia portable generator market.
  • To identify drivers and challenges for Saudi Arabia portable generator market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia portable generator market.
  • To identify and analyze the profile of leading players operating in Saudi Arabia portable generator market.
  • To identify key sustainable strategies adopted by market players in Saudi Arabia portable generator market.

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Portable Generator market.

  • Jubaili Bros
  • Jimen Power General Trading FZE
  • Himoinsa
  • Atlas Copco
  • Aggreko
  • Energia
  • Honeywell International
  • Siemens Limited
  • Briggs & Stratton Co.
  • Generac
  • Eaton
  • Caterpillar

Report Scope:

Years considered for this report:

  • Historical Years: 2017-2020
  • Base Year: 2021
  • Estimated Year: 2022
  • Forecast Period: 2023-2027

Saudi Arabia Portable Generator Market, By Fuel Type:

  • Diesel
  • Gasoline
  • Natural Gas & LPG

Saudi Arabia Portable Generator Market, By End-User:

  • Commercial
  • Industrial
  • Residential

Saudi Arabia Portable Generator Market, By Power Rating:

  • Less Than 5 kVA
  • 5-10 kVA
  • 10-20 kVA

Saudi Arabia Portable Generator Market, By Application:

  • Emergency
  • Prime/Continuous

Saudi Arabia Portable Generator Market, By Region:

  • Northern & Central
  • Southern
  • Eastern
  • Western

For more information about this report visit https://www.researchandmarkets.com/r/fk77i1