6wresearch logo

Diesel genset backbone of Saudi construction industry

July 10, 2015

JEDDAH -- Saudi Arabia is the key trade hub of GCC region. With rising investments in the country, changing government policies and reforms, several mega construction activities has been witnessed in the last few years. Among all GCC countries, Saudi Arabia is the leading country in the construction segment. To build these infrastructures and supply power at the construction sites, diesel gensets are primarily used.

Saudi Arabia's diesel genset market recorded a healthy growth rate during 2010-14 and is expected to witness upward trend over the next six years. According to 6Wresearch, Saudi Arabia Diesel Genset Market is forecast to grow at a CAGR of 13.55% during 2015-21. The demand for diesel genset is expected to thrive on account of growing public infrastructures, industrial base, retail and hospitality sectors, and supplying power in remote areas.

Energy and utilities is another contributing application in Saudi Arabia's diesel genset market, where these are required to provide auxiliary or back up power. Saudi Arabia is an oil-producing nation and almost 90% of oil extracted is exported in the international market. Unavailability of grid power in remote locations has resulted into an increased demand for diesel gensets.

According to Avishrant Mani, Senior Research Analyst, Research and Consulting, 6Wresearch, "during the forecast period, 85 mega projects, each worth of more than $1 billion are lined up, which are expected to be completed by 2030, would spur the growth of genset in the coming years. Further, rising number of tourists have resulted into construction of new hotels and malls, which are depending heavily on diesel gensets. Additionally, these provide back-up power source in case of any power failure.

Diesel genset on rent is one of the major trends that is witnessed in the country. Real estate companies deploy gensets on rental basis at the construction sites to reduce the burden of high purchasing cost," Avishrant added.

The major companies in Saudi Arabia's diesel genset market include Saudi Diesel Equipment, Cummins, Caterpillar, Himoinsa Power, Atlas Copco, and Kirloskar.

Media Source: ZAWYA

      Browse More Report

Saudi Arabia Package Substation Market (2016-2022)

Market Forecast by Types (Less than 36KV and 36KV to 150KV), Verticals (Industrial, Public Infrastructure, Residential, Power Utilities and Others), Regions (Central, Western, Eastern and Southern) and Competitive Landscape

Read More

India Cheque Scanner Market (2017-2022)

Market Forecast By Types (Single Feed and Multi Feed), Applications (Desktop and Kiosks), Regions (North, South, East and Western), Specifications and Competitive Landscape

Read More

GCC Solar Equipment Market (2016-2022)

Market Forecast by Types (Solar Photovoltaics (PV Modules, Mounting Structures, Inverters and Others) and Concentrated Solar Power Power (Solar Collectors and Towers, Thermal Energy Storage, Receiver and Others)), Countries (Saudi Arabia, UAE, Kuwait, Qatar, Oman and Bahrain) and Competitive Landscape

Read More

India Solar Water Pumping System Market (2017-2022)

Market Forecast by Power Rating (Up to 3HP, 3.1 to 10HP and Above 10HP), Design Type (Surface and Submersible), Drive Type (AC Motor and DC Motor), Applications (Lift Irrigation and Others), Regions (North, South, East and West) and Competitive Landscape

Read More

India Router and Switch Market (2016-2022)

Market Forecast by Router Types (Wired and Wireless), Switch Types (Managed and Unmanaged), Verticals (Residential, MSME, Large Enterprise, Hospitality & Healthcare, Government, Transportation, Education, BFSI and Telecommunication), Regions (Northern, Western, Southern and Eastern), Specifications and Competitive Landscape

Read More

India Internet of Things Market (2016-2022)

According to 6Wresearch, India IoT market is projected to grow at a CAGR of 28.2% during 2016-22. For the growth of the overall market, smart cities project is expected to play vital role.

Read More

India Network Attached Storage (NAS) Systems Market (2016-2022)

Market Forecast by NAS Type (1 Bay, 2 Bay, 4 Bay and Others (5-24 Bay)), End Users (Home/SOHO and SME), Specifications Trend and Competitive Landscape

Read More

India Transport Air Conditioner and Refrigeration Market (2016-2022)

Market Forecast by Segments (Bus (12-20 Seater, 21-25 Seater, 26-35 Seater and 36-45 Seater), Rail (Indian Railway and Metro) and Truck (Milk and Dairy Products, Fruits And Vegetables, Meat & Fish and Pharmaceuticals & Chemicals)), Services (New Installation, Modernization and Maintenance), Regions (North, South, East and West) and Competitive Landscape

Read More


Our Key Clients
6wreserach client list