Kuwait Diesel Gensets Market to Post 5.0% CAGR, Will Reach US$79.7 Million by 2023 Stimulated by Construction Industry

ResearchMoz added Latest Research Report titled " Kuwait Diesel Gensets Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2023 " to it's Large Report database.

This research is designed to estimate, analyze, and forecast the Kuwait diesel gensets market. The overall market has been estimated on the basis of revenue, which has been calculated on a year-on-year basis. The market for new diesel gensets in Kuwait has been analyzed separately in terms of both volume and revenue. The research provides in-depth analysis of players in the Kuwait diesel gensets industry, who are involved in the business at various levels of the value chain. The research encompasses type and capacity segments of the Kuwait diesel gensets market. It includes detailed analysis, historical data, and statistically refined forecast for the segments covered. In Kuwait, the rental market is very prominent and industries that require diesel gensets for a short span of time usually prefer the renting option. On the other hand, end-user industries that use diesel gensets as a long-term backup source generally prefer to purchase new gensets. As a result, the market and market size for diesel gensets in Kuwait varies depending on the need and preference of the end-user industries. This report includes the major drivers, restraints and opportunities for the Kuwait diesel gensets market. Porter’s five force analysis and value chain analysis has been provided to get a better overview of the market. Market attractiveness for both new and rental diesel gensets have been included in this report to provide a robust understanding regarding the underlying factors in each market. The market attractiveness segment was analyzed on the basis of capacity ranges available in Kuwait gensets market.

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The type analysis for Kuwait diesel gensets was estimated, keeping in mind the major construction and expansion projects planned by the government of the nation. It was estimated that during construction phases, project developers generally prefer renting diesel gensets. Post-construction however, operators prefer buying new diesel gensets, as these are used a source of backup power. While conducting the study, we took into consideration the key construction projects planned till 2023 such as metro-rail, silk city project, and expansion of the Kuwait International Airport. The total market for diesel gensets in Kuwait was estimated only in terms of revenue. The total market was segmented as the rental market and the new gensets market. The new gensets market was analyzed further in detail and sub-segmented into four categories in terms of capacity. These are 0–75 kVA, 75–500 kVA, 500–2000 kVA, and over 2000 kVA. The market for new gensets was analyzed both in terms of revenue and units. However, while analyzing the market for rental gensets, we found it feasible to do so in terms of revenue. All the market volume and revenue figures provided are on a year-on-year basis and were not done cumulatively. We have considered 2013 as the base year for this study, while all forecasts have been done for 2014–2023.

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Table of Contents

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology

Chapter 2 Executive Summary
2.1 Kuwait Diesel Gensets Market

Chapter 3 Kuwait Diesel Gensets Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis: Kuwait Diesel Gensets Market
3.3 Market Drivers
3.3.1 Rapidly rising electricity consumption rates and natural gas feedstock scarcity resulting in frequent power outages
3.3.1.1 Fuel Subsidies per person in GCC countries and Iran and Iraq
3.3.2 Ready availability of diesel at cheaper prices resulting in increasing adoption of diesel gensets in the country
3.3.2.1 Diesel prices in major markets of diesel gensets (notified as of October 13, 2014) (USD/Liter)
3.4 Market Restraints
3.4.1 Increase in power generation capacity addition and renewable energy deployment to reduce dependence on diesel fueled power solutions
3.4.1.1 Upcoming Power Projects in Kuwait, By Capacity and Type

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