U.A.E. Diesel Genset Market Trends, Leading Players, Growth, Development and Demand Forecast to 2030

In 2021, the U.A.E. diesel genset market stood at $143.6 million; it is expected to hit the value of $204.5 million, growing at a rate of 4.0% from 2021 to 2030. It is attributed to the surge in demand for prime and backup power sources in central spaces such as retail stores, office spaces, hospitals and hotels. There is a massive demand for medium and large DG sets for power generation in the commercial sector, majorly in mining, oil & gas, energy & power, and manufacturing industries.

The diesel generators are extensively utilized for global events in the country involving international participation or a vast number of visits. For instance, Expo 2020 conducted in 2021 was a recent global event in Dubai that increased the country's tourism and required an uninterrupted power supply, which was facilitated by the DG sets. Moreover, the rising power outages in the country have increased the demand for power backup sources resulting in the expansion of the market.

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The growing requirement of the gensets in the industrial sector leads to the U.A.E. diesel genset market. The manufacturing, oil & gas production, and power generation industries massively require gensets for power supply reliability to carry out uninterrupted processes. For instance, construction sites having no or unreliable grid access depend on gensets for power supply. Similarly, the oil & gas industry depends on gensets for power supply to refineries, production sites, and distribution infrastructures such as gas stations and pipelines.

The DG sets with a capacity of 376-750 kVA dominate the U.A.E. diesel generator set market, acquiring more than 40% revenue share in 2021. The rise in the installation of diesel generator sets in commercial spaces such as manufacturing facilities, healthcare facilities, hotels, restaurants, shops and others for power backup penetrates the market. The surge in demand for DG sets in the region is attributed to their low cost and easy availability.

The increased demand for the latest variants of diesel generators in oil & gas organizations, construction companies and other entities leads to the U.A.E. diesel generator set market proliferation. Several DG sets manufacturers focus on increasing their investments to expand their supply chain and launch advanced products to cater to the demand. They are also partnering with their competitors to make a stronghold in the U.A.E. market and serve clients and customers.

Under the application segment, the significant revenue contributor in the U.A.E. diesel generator set market is the industrial category, accounting for 40% share in 2021. It is expected to retain the same position in the near future resulting in a boom in the market. The rapid industrialization in the region expands the market with growing requirements for an uninterrupted power supply. The extensive industrial construction in the country is expected to propel the demand for diesel gensets.

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The key players are focusing on launching new products to strengthen their presence and remain ahead of their competitors in the U.A.E. diesel generator set market. For instance, Kohler Co. launched diesel gensets named KD series diesel-powered generator sets with 4000 kVA and 4,500 kVA (50 Hz) or 3,500 kW and 4,000 kW (60Hz) capacity in November 2020. Similarly, Caterpillar Inc. launched Cat GC diesel gensets in October 2021.

Thus, the increasing industrial development and construction activities with no reliable power supply in the region lead to market expansion.

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Zambia DG Set Market Report - https://www.psmarketresearch.com/market-analysis/zambia-diesel-genset-market

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