Kuwait Diesel Genset Market (2021-2027) | Forecast, Companies, Industry, Trends, Value, COVID-19 IMPACT, Size, Share, Outlook, Growth, Analysis & Revenue

Market Forecast By KVA Rating (5-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Northern, Southern) and Competitive Landscape

Product Code: ETC054924 Publication Date: Nov 2021 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 87 No. of Figures: 23 No. of Tables: 6

Kuwait Diesel Genset Market Competition 2023

Kuwait Diesel Genset market currently, in 2023, has witnessed an HHI of 1784, Which has increased slightly as compared to the HHI of 1642 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Kuwait Diesel Genset Market Competition 2023

Kuwait Export Potential Assessment For Diesel Genset Market (Values in USD Thousand)


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Kuwait Diesel Genset Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by Lebanon. It has registered a decline of -89.81% over the previous year. While Lebanon registered a decline of -68.99% as compare to the previous year. In the year 2017 USA was the largest exporter followed by UK. In term of Herfindahl Index, which measures the competitiveness of countries exporting, Kuwait has the Herfindahl index of 1642 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2816 which signifies high concentration in the market.

Kuwait Diesel Genset Market | Country-Wise Share and Competition Analysis

Kuwait Diesel Genset Market - Export Market Opportunities

Kuwait Diesel Genset Market - Export Market Opportunities

Kuwait Diesel Genset Market report comprehensively covers the Diesel Genset Market by kVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the diesel Genset market on-going trends, opportunities, high growth areas, market drivers, and market share by companies which would help the stakeholders to devise and align their market strategies to the current and future market dynamics.

Kuwait Diesel Genset Market Synopsis

Kuwait Diesel Genset Market is anticipated to gain strong growth projections in the coming years. Deeper penetration and internet-related services along with the era of globalization are expected to be another growth proliferating factor for the growth of the global Software-defined wide Area Network market in the impending period. Also, the impressive growth of the IT industry in the developing economies across the globe is anticipated to be of great importance for the growth of the software-defined wide area network across the globe and provide the potential industrialists and to be investors of the market to seek high business growth potential by induced investments in the cloud-based industrial landscape in the forthcoming years. Diesel Genset Market in Kuwait would witness modest growth over the coming years on account of rising demand for a continuous and reliable source of power, increasing power outages, thereby leading to the rising need for power backup solutions. Additionally, the rising demand for electricity in Kuwait is in line with the infrastructural growth in the country along with the projected growth in the construction market, upcoming new hotels and shopping malls such as Horeca Kuwait, Dusit Princess Mahboula, Al Khiran Hybrid Outlet Mall, Marina Mall on the back of increasing government spending on infrastructural development projects would drive the Genset Market in the country over the forthcoming period.

The outburst of coronavirus has adversely impacted the country’s Generator Market in 2020 as the government imposed a nation-wide lockdown which has led to the closure of all construction operations and disrupted the demand and supply of Diesel Generator, however, the market is expected to recover in 2021 due to opening of international borders and gradual restart of economic activities in the country.

According to 6Wresearch, Kuwait Diesel Genset Market size is projected to grow at CAGR of 4.9% during 2021-27. Attributed to the presence of a robust industrial sector in Kuwait along with a rapidly growing automotive sector, the diesel gensets market in the country accounted for a major share in the market. However, the market is projected to exhibit the highest growth rate on account of flourishing construction and industrial segments providing immense opportunities for the diesel gensets demand in the country during the forecast period. Further, the Kuwait Vision 2030 and the National Transformation Programme 2020 are a few of the government initiatives, which aims at developing and strengthening public service sectors such as healthcare, education, infrastructure, and tourism, creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for Diesel Genset Market in Kuwait.

Kuwait Diesel Genset Market

Market Analysis by Application

On the basis of application, commercial domain is anticipated to register highest growth in the overall diesel genset market in 2020. On the back of rising infrastructural developments in the commercial sector and its expanding base in the country. Further, government’s initiatives such as Pakistan Vision 2025 and National Development plans, Digital Vision 2018, and the efforts to maximize rural electrification in the country is expected to assist the country’s Genset market growth during the forecast period and offer decent investment avenues for the potential investors for the overall DG Market of the country.

Market Analysis by kVA Rating

In terms of kVA ratings, diesel gensets of 375.1- 750kVA emerged as a significant revenue contributor in Kuwait's diesel genset market in 2020. Such diesel gensets are a prime source of power during power outages and are reasonably priced & suitable in industrial and logistics applications. Further, 750.1kVA - 1000kVA rating Diesel Generator would witness the fastest growth in terms of both revenues and volumes due to a rise in upcoming development projects. Such projects are the Zour Refinery integrated with the Olefins 3 Complex for petrochemical and petroleum derivatives, as well as other government-led industrial development initiatives where 750-1000 kVA Diesel Generator would be commonly used as a power backup solution.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Kuwait Diesel Genset Market Outlook
  • Market Size of Diesel Genset  Market, 2020
  • Forecast of Kuwait Diesel Genset  Market, 2027 
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume for the Period 2017-2027
  • Kuwait Diesel Genset Market Trend Evolution
  • Kuwait Diesel Genset Market Drivers and Challenges
  • Kuwait Diesel Genset  Price Trends
  • Kuwait Diesel Genset  Porter's Five Forces
  • Kuwait Diesel Genset  Industry Life Cycle
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By KVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By 5-75 KVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By 75.1 KVA-375 KVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By 375.1 KVA-750 KVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By 750.1 KVA-1000 KVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Above 1000 KVAKVA Rating for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Application for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Residential for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Commercial for the Period 2017-2027 
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Industrial for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Transportation for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Public Infrastructure for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Regions for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Northern for the Period 2017-2027
  • Historical Data and Forecast of Kuwait Diesel Genset Market Revenues & Volume By Southern for the Period 2017-2027
  • Kuwait Diesel Genset  Import Export Trade Statistics
  • Market Opportunity Assessment By KVA Rating
  • Market Opportunity Assessment By Applications
  • Market Opportunity Assessment By Regions
  • Kuwait Diesel Genset Top Companies Market Share
  • Kuwait Diesel Genset Competitive Benchmarking By KVA Rating, Applications and Regions
  • Kuwait Diesel Genset Company Profiles
  • Kuwait Diesel Genset Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By kVA Rating

  • 5 kVA - 75 kVA
  • 75.1 kVA – 375 kVA
  • 375.1 kVA - 750 kVA
  • 750.1 KVA-1000 KVA
  • Above 1000 KVA

By Application

  • Residential
  • Commercial
  • Industrial
  • Transportation & public Infrastructure
Kuwait Diesel Genset Market: FAQs
The report not only has considered COVID-19 impact but also current Market dynamics, trends and KPIs into consideration.
The Kuwait Diesel Genset Market revenue is anticipated to record a CAGR of 4.9% during 2021-27.
Commercial Segment has dominated the overall Market revenues in the year 2020.
75.1 kVA – 375 kVA expected to record key growth throughout the forecast period 2021-27.
The key players of the market include- Atlas Copco Industrial Equipment Co., Caterpillar Inc., Cummins Inc., Aksa Power Generation, Alkhorayef Group, Kirloskar Oil Engines Limited, Saudi Diesel Equipment Co. Ltd., Yanmar Holdings Co. Ltd., Kohler Co., MTU Onsite Energy Corporation
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1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of The Report

2.3. Market Scope & Segmentation

2.4. Research Methodology

2.5. Assumptions

3. the Middle East and Africa Diesel Genset Market Overview

3.1. the Middle East and Africa Diesel Genset Market Revenues & Volume, 2017-2027F

3.2. the Middle East and Africa Diesel Genset Market Revenues & Volume Shares, By Countries 2020 & 2027F

3.2.1 the Middle East and Africa Diesel Genset Market Revenues & Volume, By Countries 2017-2027F

4. Kuwait Diesel Genset Market Overview

4.1. Kuwait Diesel Genset Market Revenues & Volume, 2017-2027F

4.2. Kuwait Diesel Genset Market - Industry Life Cycle, 2020

4.3. Kuwait Diesel Genset Market - Porter’s Five Forces

4.4. Kuwait Diesel Genset Market Revenues Share, By Regions, 2020 & 2027F

5. Kuwait Diesel Genset Market Dynamics

5.1. Impact Analysis

5.2. Market Drivers

5.3. Market Restraints

6. Kuwait Diesel Genset Market Trends

7. Kuwait Diesel Genset Market Overview, By kVA Ratings

7.1. Kuwait Diesel Genset Market Revenues Share, By kVA Ratings, 2020 & 2027F

7.2. Kuwait Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F

7.3. Kuwait Diesel Genset Market Revenues & Volume, By kVA Ratings, 2017-2027F

7.3.1. Kuwait Up to 75 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F

7.3.2. Kuwait 75.1-375 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F

7.3.3. Kuwait 375.1-750 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F

7.3.4. Kuwait 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F

7.3.5. Kuwait Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F

8. Kuwait Diesel Genset Market Overview, By Applications

8.1. Kuwait Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F

8.1.1. Kuwait Diesel Genset Market Revenues, By Commercial Application, 2017-2027F

8.1.2. Kuwait Diesel Genset Market Revenues, By Industrial Application, 2017-2027F

8.1.3. Kuwait Diesel Genset Market Revenues, By Residential Application, 2017-2027F

8.1.4. Kuwait Diesel Genset Market Revenues, By Transportation & Infrastructure Application, 2017-2027F

9. Kuwait Diesel Genset Market Overview, By Regions

9.1. Kuwait Diesel Genset Market Revenues, By Northern Region, 2017-2027F

9.2. Kuwait Diesel Genset Market Revenues, By Southern Region, 2017-2027F

10. Kuwait Diesel Genset Market – Key Performance Indicators

11. Kuwait Diesel Genset Market Import Statistics

11.1. Kuwait Up to 75 kVA Diesel Gensets Import, By Country, 2019

11.2. Kuwait 75.1 - 375 kVA Diesel Gensets Import, By Country, 2019

11.3. Kuwait Above 375 kVA Diesel Gensets Import, By Country, 2019

12. Kuwait Diesel Genset Market Opportunity Assessment

12.1. Kuwait Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F

12.2. Kuwait Diesel Genset Market Opportunity Assessment, By Applications, 2027F

13. Kuwait Diesel Genset Market Competitive Landscape

13.1. Kuwait Diesel Genset Market Competitive Benchmarking, By Technical Parameters

13.2. Kuwait Diesel Genset Market Competitive Benchmarking, By Operating Parameters

13.3. Kuwait Diesel Genset Market Revenues Share, By Company, 2020

14. Company Profiles

14.1. Atlas Copco Industrial Equipment Co.

14.2. Caterpillar Inc.

14.3. Cummins Middle East FZE.

14.4. MHI Engine System Middle East FZE

14.5. Himoinsa Middle East, FZE

14.6. Kirloskar Oil Engines Limited

14.7. Yanmar Holdings Co., Ltd.

14.8. Kohler Co.

14.9. MTU Onsite Energy Corporation

15. Key Strategic Recommendations

16. Disclaimer

List of Figures

1. the Middle East and Africa Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Thousand Units)

2. the Middle East and Africa Diesel Genset Market Revenues Share, By Countries, 2020 & 2027F

3. the Middle East and Africa Diesel Genset Market Volume Share, By Countries, 2020 & 2027F

4.  Kuwait Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Units)

5.  Installed Power Generation Capacity (GW)

6.  Energy-Related CO2 Emissions Share in the Overall CO2 Emissions, 2019

7.  Kuwait Diesel Genset Market Revenues Share, By kVA Ratings, 2020 & 2027F

8.  Kuwait Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F

9.  Kuwait Up to 75 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units)

10.  Kuwait 75.1- 375 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units)

11.  Kuwait 375.1- 750 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units)

12.  Kuwait 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units)

13.  Kuwait Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units)

14.  Kuwait Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F

15.  Kuwait Diesel Genset Market Revenues, By Northern Region, 2017–2027F ($ Million)

16.  Kuwait Diesel Genset Market Revenues, By Southern Region, 2017–2027F ($ Million)

17.  Kuwait Ongoing Mall Projects, 2020-21

18.  Kuwait Up to 75 kVA Diesel Genset Import, By Country, 2019 ($ Thousand)

19.  Kuwait 75.1 - 375 kVA Diesel Gensets Import, By Country, 2019 ($ Thousand)

20.  Kuwait Above 375 kVA Diesel Gensets Import, By Country, 2019 ($ Thousand)

21.  Kuwait Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F

22.  Kuwait Diesel Genset Market Opportunity Assessment, By Applications, 2027F

23.  Kuwait Diesel Genset Market Revenue Share, By Companies, 2020

List of Tables

1. the Middle East and Africa Diesel Genset Market Revenues, By Countries, 2017-2027F ($ Million)

2. the Middle East and Africa Diesel Genset Market Volume, By Countries, 2017-2027F (Thousand Units)

3.  Kuwait Diesel Genset Market Revenues, By Applications, 2017–2027F ($ Million)

4.  Kuwait Ongoing Major Residential Projects, 2021-29

5.  Kuwait Recently Completed Major Industrial Projects, 2019-20

6.  Kuwait Ongoing Major Industrial Project, 2021

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