Egypt Diesel Generator Market to Witness Exponential Growth in the Coming Years

A diesel generator utilizes a diesel engine & an electric generator to generate power. In the process, liquid fuels or natural gas are well-used as the primary fuel of the diesel generator.

According to MarkNtel Advisors' research report, "Egypt Diesel Generator Market Analysis, 2021," the market is likely to grow at a CAGR of 5% in the forecast period of 2021-26. It owes to factors like the rapidly increasing grid failure because of the extreme weather conditions and the surging installation of backup supply systems across the country. Besides, the constant need to strengthen consumer inclination & awareness toward affordable & reliable backup power solutions shall further stimulate the Egypt Diesel Generator Market growth in the forecast years.

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Key questions answered in the study
1. What are the current and future trends in the Egypt Diesel Generator Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Egypt Diesel Generator Market?
5. What is the customer orientation, purchase behavior, and expectations from the Egypt Diesel Generator Market service providers across various countries?

Residential Sector Witnessed the Largest Market Share

Based on End-Users, the market segments into Residential, Mining, Oil & Gas, Industrial & Construction, Telecom, etc. Out of all, the Residential sector witnessed the largest market share in recent years, owing to factors like substantial growth as a consequence of the unit’s cost-effectiveness and ability to offer continuous power supply. The application got driven by the prevalent deployment of generators across residential establishments to cater to the emergency power supply requirement and high reliability in case of a blackout situation. Furthermore, these generators also act as the primary source of power supply at inaccessible grid areas. Hence, along with the growing customer awareness and rising power failures, the segment witnessed a booming demand load and supported the Egypt Diesel Generator Market in the previous years.

"Egypt Diesel Generator Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Diesel Generator providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

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750.1 KVA to 1000 KVA Capacity to Witness the Fastest Market Growth

Based on the Capacity, the Egypt Diesel Generator Market segments into (5 KVA to 75KVA, 75.1 KVA to 375 KVA, 375.1 to 750 KVA, 750.1 KVA to 1000 KVA, and Above 1000 KVA. Here, the segment capacity with 750.1 KVA to 1000 KVA is likely to witness the fastest growth in the forecast period, owing to the surging demand from the healthcare industry & data centers and the resurgent need from the healthcare sector, owing to the sudden outbreak of the COVID-19 pandemic. Moreover, the rising demand from data centers due to increased urgency of supplying continuous power to residential usage is another critical aspect likely to drive the segment and fuel the overall market growth in the forecast years, reveals MarkNtel Advisors in their research report, "Egypt Diesel Generator Market Analysis, 2021."

According to MarkNtel Advisors, the leading players in the Egypt Diesel Generator Market are Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU.

Market Segmentation:
1. By Capacity (5 KVA to 75KVA, 75.1 KVA to 375 KVA, 375.1 to 750 KVA, 750.1 KVA to 1000 KVA, Above 1000 KVA)
2. By Type (Stand By, Prime & Continuous Power, Peak Shaving)
3. By End Users (Residential, Mining, Oil & Gas, Industrial & Construction, Telecom, Others)
4. By Geography (East, West)
5. By Competitors (Doosan Corporation, Caterpillar Inc., Cummins, Perkins, Generac Holding Inc., MTU)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.