Stationary Generator Market in GCC - Industry Analysis 2015-2019
| Published: Nov 2015 | Pages: 65 | SKU: IRTNTR7348 |
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.
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, Technavio’s 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.
Segmentation of the stationary generator market in GCC by output power capacity
- Less than 300 kW
- 301 to 1,000 kW
- Greater than 1,000 kW
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.
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.
Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the stationary generator market in GCC?
- What are the key market trends impacting the growth of the stationary generator market in GCC?
- What are the challenges to market growth?
- Who are the key vendors in the stationary generator market in GCC?
- What are the market opportunities and threats faced by the vendors in the stationary generator market in GCC?
- What are the key outcomes of the five forces analysis of the stationary generator market in GCC?
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Table of Contents
- Market overview
- Top vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Generator assembly
- Generators based on portability
- Fuel source
- Market overview
- Market size and forecast
- Future generator market and emerging technologies
- Five forces analysis
- Stationary diesel generator market in GCC
- Stationary gas generator market in GCC
- Stationary generator market in GCC: Less than 300 kW
- Stationary generator market in GCC: 301 to 1,000 kW
- Stationary generators market in GCC: Greater than 1,000 kW
- Construction industry in GCC
- Reliance of data centers and IT industry on standby power back-up
- Industrialization in GCC
- More residential users adopting portable generators
- Increased focus on alternative energy sources in GCC
- Stringent emission regulations for generators
- End-users focusing more on renting generator services
- Technological advancements in diesel generator sets
- Remote monitoring system in power generators
- Other prominent vendors
- Aggreko
- Caterpillar
- Cummins Power Systems
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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