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Low Cost and Easy Availability of DG Sets Drive U.A.E. Diesel Generator Market

01-18-2023 10:12 AM CET | Energy & Environment

Press release from: P&S Intelligence

Low Cost and Easy Availability of DG Sets Drive U.A.E. Diesel

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

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/uae-diesel-generator-set-market/report-sample

The diesel generators are extensively utilized for global events involving international participation or a vast number of visits. For instance, in 2021 Expo 2020 conducted was a recent global event in Dubai that increased the country's tourism and demanded 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.

Under the application segment, the significant revenue contributor in the U.A.E. diesel generator set market is the industrial category amounting to 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.

Browse full report at: https://www.psmarketresearch.com/market-analysis/uae-diesel-generator-set-market

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.

Browse more related reports:

Congo Diesel Generator Set Market - https://www.psmarketresearch.com/press-release/dr-congo-diesel-generators-market

Ghana DG Set Market- https://www.psmarketresearch.com/press-release/ghana-dg-set-market

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P&S Intelligence
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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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