Aarkstore Enterprise announced Latest Trending Market Research Report Titled “Saudi Arabia Diesel Genset Market (2019 – 2025)” under the Electronics category. Saudi Arabia Diesel Genset Market is projected to grow at a CAGR of 3.8% during 2019-25. The report also provides detailed analysis and demand for diesel genset is expected to increase during the forecast till 2025.
Saudi Arabia Diesel Genset Market would witness a healthy growth on account of expanding social infrastructure in commercial sectors, such as healthcare and education, development of ambitious economic cities along with a recovering construction industry over the coming years. Additionally, government initiatives, including Saudi Vision 2030 and the National Transformation Programme 2020, would strengthen several public and private sectors. Further, rising oil prices would strengthen the country’s fiscal position and additional funds would be allocated for hospitality infrastructure development. As a result, the demand for diesel genset is expected to increase during the forecast period.
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According to Saudi Arabia Diesel Genset Market is projected to grow at a CAGR of 3.8% during 2019-25. The value of active construction projects in Saudi Arabia accounted for more than one third of the total value of construction projects across the GCC region in the late 2018. Significant investment for housing and infrastructure development along with implementation of the Saudi Vision 2030 initiative by the government is leading to the rejuvenation of the country’s construction industry. A strengthening commercial sector would create new avenues for the application of diesel genset in the coming years.
Diesel genset with above 1000 kVA rating accounts for the majority of the revenue share during the forecast period. Owing to heavy usage in commercial and industrial projects.
The report thoroughly covers the market by kVA rating and applications. The report provides an unbiased and detailed analysis of the on-going Saudi Arabia diesel genset market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Reports
- Historical Data of Saudi Arabia Diesel Genset Market Revenues, By kVA rating, 2015-2018
- Market Size & Forecast of Saudi Arabia diesel genset Market Revenues, By kVA rating until 2025
- Historical Data of Saudi Arabia diesel Genset Market Revenues, By Application, 2015-2018
- Market Size & Forecast of Saudi Arabia Market Revenues, By Application until 2025
- Saudi Arabia Diesel Genset Market Trends
- Market Drivers and Restraints
- Porters Five Force Analysis and Market Opportunity Assessment
- Competitive Benchmarking
- Market Share, By Players
- Import- Export Statistics
- Company Profiles
- Strategic Recommendations
Markets Covered:
The report provides a detailed analysis of the following market segments:
By kVA rating
- 5 kVA to 75 kVA
- 75 kVA to 375 kVA
- 375 kVA to 750 kVA
- 750 kVA to 1000 kVA
- Above 1000 kVA
By Applications
- Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices)
- Industrial
- Residential
- Transport and Public Infrastructure
Category: Electronics Market Research Report
View Full Market Research Reports on Market: https://www.aarkstore.com/electronics/1796461/saudi-arabia-diesel-genset-market-and-competitive-landscape
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