Market Forecast By KVA Rating (Upto-75 kVA, 75.1-375 kVA, 375.1-750 kVA, 750.1-1000 kVA and Above 1000 kVA), By Verticals (Residential), Commercial (Hospitality, Commercial Offices, Healthcare, Retail, Infrastructure & Transportation and Others including Educational Institutions, BFSI, Social Infrastructure, and Government Buildings), Industrial (Manufacturing, Oil & Gas and Power Utilities)), By Regions (Abu Dhabi, Dubai and Rest of Emirates) and Competitive Landscape
Product Code: ETC054279 | Publication Date: Feb 2023 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 100 | No. of Figures: 22 | No. of Tables: 10 | |
United Arab Emirates Diesel Genset Market registered a decline of -0.57% in value shipments in 2021 as compared to 2020 and a decrease of -5.9% CAGR in 2021 over a period of 2017. In Diesel Genset Market United Arab Emirates is becoming more competitive as the HHI index in 2021 was 2022 while in 2017 it was 2737. 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 less numbers of players or countries exporting in the market.
United Arab Emirates has reportedly relied more on imports to meet its growing demand in Diesel Genset Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Diesel Genset Market in 2021 was 1.23 while in 2017 it was 1.83. United Kingdom (UK), USA, China, Germany and India were among the top players of the market in 2021, where United Kingdom (UK) acquired the largest market share of 30.07% with a shipment value of 135.19 million USD in 2022 United Kingdom (UK) also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Diesel Genset Market. In 2017 United Kingdom (UK) had the largest market share of 48.12% with the shipment value of 294.94 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although United Kingdom (UK) offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the United Arab Emirates Diesel Genset Market in 2017.
The UAE 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's ongoing 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.
UAE Diesel Genset Market is experiencing significant growth due to increasing construction activities, rising demand for electricity, and growing investments in infrastructure development. The market is primarily driven by the construction and industrial sectors, which require a reliable source of backup power to maintain their operations. Moreover, the government is taking several initiatives to develop the country's infrastructure. For instance, the construction of new airports, seaports, and power plants. They have created a significant demand for diesel gensets across the UAE. Leading companies are focusing on developing more efficient and technologically advanced diesel gensets to meet the growing demand in the industry.
With the rapid economic growth of the UAE and increasing urbanization, there is a growing demand for uninterrupted power supply and diesel gensets have the capacity to provide the uninterrupted power supply. Moreover, the UAE is home to a diverse range of industries, including manufacturing and construction. Diesel gensets are widely used in these sectors as backup power sources. There is an increasing focus on sustainable power sources which is also driving the UAE Diesel Genset Industry.
The UAE Diesel Genset market is anticipated to witness modest growth during the forecast period. Diesel generator in UAE is heavily deployed across various applications such as industrial, commercial, and transportation, among others, to provide a reliable and uninterrupted power supply. The growing electricity demand supported by the country’s economic diversification plans such as UAE Vision 2021, and Abu Dhabi Economic Vision 2030, along with the rising number of ongoing industrial projects such as the Hail and Ghasha Sour Gas Development, Sharjah Liquefied Natural Gas Import Terminal, Vision Hydra Executive, Rosewood Dubai, Taweelah Desalination Plant is the key factors, which would drive the market for a diesel generator in UAE in the coming years.
The outburst of COVID-19 has adversely impacted the country’s diesel Genset market in 2020 as the government imposed a nationwide lockdown which led to the closure of all construction operations and disrupted the demand and supply of diesel Genset systems. However, a recovery is expected in market revenues from the year 2021. A gradual opening of economic activities and supply chain
According to 6Wresearch, the UAE Diesel Genset Market size is projected to grow at CAGR of 3.3% during 2021-2027. Rapid industrialization has resulted in the increasing demand for a continuous and reliable source of electricity, which is expected to drive the diesel generator market in the coming years. Further, Dubai’s Industrial Strategy 2030, Plan Abu Dhabi 2030, Fujairah Plan 2040, and UAE Water Security Strategy 2036 are a few of the government initiatives which aims at developing and strengthening public sectors such as water supply, housing, transportation, infrastructure, and tourism, creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for diesel gensets in the UAE.
Diesel gensets with a rating of 75.1kVA - 375kVA, 375.1kVA- 750kVA and 750.1kVA- 1000kVA have a cumulative market share of more than 60% of the total market revenues in 2020. 75.1kVA - 375kVA which are majorly deployed as power backup systems in the hospitality, tourism, entertainment, and commercial sectors, account for the major market revenue share and are expected to retain their dominance over the forthcoming years. Moreover, the UAE government’s initiatives, such as UAE Energy Strategy 2050 and Dubai Smart City Project, are expected to attract a considerable amount of investment of around $500 billion by 2030 in the manufacturing, logistics, and industrial sectors, thereby driving the demand for diesel Genset market in the coming years.
Amongst the application, the Commercial and industrial segments account for a cumulative market share of more than 60% of the market revenues in 2020. Among applications, the commercial sector emerged as the leading revenue share contributor in UAE diesel genset market for the year 2020. The segment is projected to lead the market during the forecasted period due to a large number of upcoming infrastructure projects in the country. Additionally, upcoming projects such as Grand Millennium ADNEC, Mohammed bin Rashid City, Madinat Jumeirah Phase four, Vision Hydra Executive, along with Smart Dubai 2021 Vision, would contribute to the increase in deployment; of DGs in the commercial segment of UAE in the years to come.
The report provides a detailed analysis of the following market segments:
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. UAE Diesel Genset Market Overview |
4.1. UAE Diesel Genset Market Revenues & Volume, 2017-2027F |
4.2. UAE Diesel Genset Market - Industry Life Cycle, 2020 |
4.3. UAE Diesel Genset Market - Porter’s Five Forces |
4.4. UAE Diesel Genset Market Revenues Share, By Regions, 2020 & 2027F |
5. UAE Diesel Genset Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.3. Market Restraints |
6. UAE Diesel Genset Market Trends |
7. UAE Diesel Genset Market Overview, By kVA Ratings |
7.1. UAE Diesel Genset Market Revenues Share, By kVA Ratings, 2020 & 2027F |
7.2. UAE Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F |
7.3. UAE Diesel Genset Market Revenues & Volume, By kVA Ratings, 2017-2027F |
7.3.1. UAE Up to 75 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
7.3.2. UAE 75.1-375 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
7.3.3. UAE 375.1-750 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
7.3.4. UAE 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
7.3.5. UAE Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
8. UAE Diesel Genset Market Overview, By Applications |
8.1. UAE Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F |
8.1.1. UAE Diesel Genset Market Revenues, By Commercial Application, 2017-2027F |
8.1.2. UAE Diesel Genset Market Revenues, By Industrial Application, 2017-2027F |
8.1.3. UAE Diesel Genset Market Revenues, By Residential Application, 2017-2027F |
8.1.4. UAE Diesel Genset Market Revenues, By Transportation & Infrastructure Application, 2017-2027F |
9. UAE Diesel Genset Market Overview, By Regions |
9.1. UAE Diesel Genset Market Revenues, By Abu Dhabi Region, 2017-2027F |
9.2. UAE Diesel Genset Market Revenues, By Dubai Region, 2017-2027F |
9.3. UAE Diesel Genset Market Revenues, By Rest of Emirates Region, 2017-2027F |
10. UAE Diesel Genset Market – Key Performance Indicators |
11. UAE Diesel Genset Market Import Statistics |
11.1. UAE Up to 75 kVA Diesel Gensets Import, By Country, 2019 |
11.2. UAE 75.1 - 375 kVA Diesel Gensets Import, By Country, 2019 |
11.3. UAE Above 375 kVA Diesel Gensets Import, By Country, 2019 |
12. UAE Diesel Genset Market Opportunity Assessment |
12.1. UAE Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F |
12.2. UAE Diesel Genset Market Opportunity Assessment, By Applications, 2027F |
13. UAE Diesel Genset Market Competitive Landscape |
13.1. UAE Diesel Genset Market Competitive Benchmarking, By Technical Parameters |
13.2. UAE Diesel Genset Market Competitive Benchmarking, By Operating Parameters |
13.3. UAE 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. Aksa Power Generation |
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. UAE Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Thousand Units) |
5. Non-Oil Sector Gross Domestic Product, 2017-2021F ($ Billion) |
6. UAE Diesel Genset Market Revenues Share, By kVA Ratings, 2020 & 2027F |
7. UAE Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F |
8. UAE Up to 75 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units) |
9. UAE 75.1- 375 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units) |
10. UAE 375.1- 750 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units) |
11. UAE 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units) |
12. UAE Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F ($ Million, Units) |
13. UAE Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F |
14. UAE Diesel Genset Market Revenues, By Abu Dhabi Region, 2017–2027F ($ Million) |
15. UAE Diesel Genset Market Revenues, By Dubai Region, 2017–2027F ($ Million) |
16. UAE Diesel Genset Market Revenues, By Rest of Emirates Region, 2017–2027F ($ Million) |
17. UAE Up to 75 kVA Diesel Genset Import, By Country, 2019 ($ Thousand) |
18. UAE 75.1 - 375 kVA Diesel Gensets Import, By Country, 2019 ($ Thousand) |
19. UAE Above 375 kVA Diesel Gensets Import, By Country, 2019 ($ Thousand) |
20. UAE Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F |
21. UAE Diesel Genset Market Opportunity Assessment, By Applications, 2027F |
22. UAE Diesel Genset Market Revenue Share, By Companies, 2020 |
List of Tables |
1. the Middle East and Africa Diesel Genset Market Revenue, By Countries, 2017-2027F ($ Million) |
2. the Middle East and Africa Diesel Genset Market Volume, By Countries, 2017-2027F (Thousand Units) |
3. UAE Diesel Genset Market Revenues, By Applications, 2017–2027F ($ Million) |
4. UAE Oil & Gas Sector Upcoming Mega Projects, 2021-26 |
5. UAE Recently Completed Malls 2019-20 |
6. Dubai Recently Completed/ Ongoing Construction Projects, 2019-23 |
7. UAE Ongoing/ Upcoming Hospitality Projects, 2021-25 |
8. UAE Under Execution and Committed Water Transmission Network Development Projects, 2021-22 |
9. UAE Upcoming/On-going Projects in Water Management Sector, 2021-24 |
10. UAE Under Construction Residential Projects, 2021 |