Research Report on"
Stationary
Generator Market in GCC - Industry Analysis 2015-2019 ”.
Market outlook of the
stationary generator market in GCC
GCC is one of the fastest
developing regions in the world with the presence of robust
industrial and infrastructure building activities, hence there exists
a huge demand for stationary generators for providing power to all
these sectors. The region is also blessed with the abundance of
massive oil reserves that makes this region a potential market for
generator vendors.
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The stationary generator
market in GCC is projected to grow at a CAGR of about 7% during the
forecast period. Factors such as changing government policies,
growing IT/ITeS sector, growing automotive manufacturing sector, and
development in public infrastructure are impacting the market
positively. Among the six member countries, Saudi Arabia is the
largest market for stationary generators.
Segmentation of the stationary
generator market in GCC by fuel type
- Stationary diesel generators
- Stationary gas generators
At present, the stationary
diesel generator market holds the largest market share of the overall
market. However, Technavios market research analysts expect the
stationary gas generator market to increase its market share, growing
at a CAGR of more than 9% during the forecast period. Gas as a fuel
type is available either as natural gas or liquid propane and both
these types are environmentally less hazardous than diesel and is
thus gaining popularity among all types of end-user.
Currently, majority of the
demand in this region is evident in the generator segment with output
power capacity of less than 300 kW. However, during the forecast
period, it is expected that the demand will gradually shift toward
generators with output power capacity of above 1,000 kW, as the
region is evolving into a dynamic industrial and commercial
destination.
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Competitive landscape and
key vendors
Industrial end-users are
resorting to the adoption of rental services when it comes to large
diesel generators instead of owning one. This saves them a whole lot
of investment involved in buying a generator and installing it. This
trend is steadily encouraging some vendors to expand their business
territory and enter the power rental market to reach out to a varied
array of customers.
Key vendors in this market
are
- Aggreko
- Caterpillar
- Cummins
Other prominent vendors
included in this report are Action, Atlas Copco, Detroit Tools, FG
Wilson, Generac Holdings, Ghaddar Machinery, Himoinsa, Ingersoll
Rand, Jubaili Bros, Kirloskar Oil Engines, Kohler, Manlift Group,
Saudi Diesel Equipment, and SDMO Generating Sets.
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Table
of Content :
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
Overview of global upstream
oil and gas sector
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