LONDON--(BUSINESS WIRE)--Technavio has been monitoring the diesel gensets market in GCC countries and it is poised to grow by $ 106.99 mn during 2021-2025, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have at Par impact on the diesel gensets market in GCC countries. The market growth in 2021 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions:
What are the major trends in the market?
Power blackouts due to natural disasters is a major trend driving the growth of the market
At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 2% and the incremental growth of the market is anticipated to be $ 106.99 mn
Who are the top players in the market?
Atlas Copco AB, Caterpillar Inc., Cummins Inc., J C Bamford Excavators Ltd., Kirloskar Oil Engines Ltd., Mahindra & Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Rolls-Royce Plc, Wartsila Corp., and Yanmar Holdings Co. Ltd., are some of the major market participants.
What is the key market driver?
The low operational costs is one of the major factors driving the market
How big is the Saudi Arabia market?
The Saudi Arabia region will contribute 31% of the market share
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Atlas Copco AB, Caterpillar Inc., Cummins Inc., J C Bamford Excavators Ltd., Kirloskar Oil Engines Ltd., Mahindra & Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Rolls-Royce Plc, Wartsila Corp., and Yanmar Holdings Co. Ltd. are some of the major market participants. The low operational costs will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this diesel gensets market in GCC countries forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Diesel Gensets Market in GCC Countries 2021-2025: Segmentation
Diesel Gensets Market in GCC Countries is segmented as below:
- Stationary Diesel Gensets
- Portable Diesel Gensets
- Saudi Arabia
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Diesel Gensets Market in GCC Countries 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The diesel gensets market in GCC countries report covers the following areas:
- Diesel Gensets Market in GCC Countries Size
- Diesel Gensets Market in GCC Countries Trends
- Diesel Gensets Market in GCC Countries Industry Analysis
This study identifies power blackouts due to natural disasters as one of the prime reasons driving the diesel gensets market in GCC countries growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Diesel Gensets Market in GCC Countries 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist diesel gensets market in GCC countries growth during the next five years
- Estimation of the diesel gensets market in GCC countries size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the diesel gensets market in GCC countries
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of diesel gensets market in GCC countries vendors
Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Stationary diesel gensets - Market size and forecast 2020-2025
- Portable diesel gensets - Market size and forecast 2020-2025
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- Saudi Arabia - Market size and forecast 2020-2025
- Qatar - Market size and forecast 2020-2025
- UAE - Market size and forecast 2020-2025
- Oman - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- J C Bamford Excavators Ltd.
- Kirloskar Oil Engines Ltd.
- Mahindra & Mahindra Ltd.
- Mitsubishi Heavy Industries Ltd.
- Rolls-Royce Plc
- Wartsila Corp.
- Yanmar Holdings Co. Ltd.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.