UAE Genset Rental Market Outlook (2020-2026) | Value, Growth, Share, Forecast, Industry, COVID-19 IMPACT, Analysis, Companies, Trends, Size & Revenue

Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape

Product Code: ETC160015	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

UAE Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The UAE Genset Rental market outlook report provides an unbiased and detailed analysis of the UAE Genset Rental market trends, opportunities, high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

UAE Genset Rental Market Synopsis

Despite the decline in crude oil prices and volatile economy, the UAE Genset rental market revenues grew moderately during the historic period on account of growing manufacturing and construction activities in the country. Moreover, a decline in market revenues is expected in 2020 due to the lockdown imposed in the country as a preventive measure to contain the spread of pandemic COVID-19, which resulted in a halt of economic activity across the country. However, the market is expected to show some signs of recovery with the resumption of business operations in the second half of 2020. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand-side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.

UAE Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, UAE Genset Rental Market size is expected to grow at a CAGR of 14.5% during 2020-2026. The restart of several ongoing construction projects after the pandemic is contained, including the Burj Jumeira, Ain Dubai, Dubai Creek Tower, Hatta Pumped Hydro-electric Power Plant, along with other developments across the country in the oil & gas and utility sector, would boost the demand for Genset rental over the coming years as rented gensets provide flexibility in power rating requirements with negligible maintenance and installation costs. Hence, the Genset rental market revenues would grow at a substantial rate during the forecast period.

Market Analysis By Types

Diesel gensets dominated the Genset rental market revenues in UAE in 2019 and would continue to retain their dominant position during the forecast period as well, due to cheap availability of diesel in the country. However, on account of stricter implementation of emission norms, the demand for gas gensets is anticipated to rise over the coming years.

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

UAE Genset Rental Market Overview
UAE Genset Rental Market Outlook
UAE Genset Rental Market Forecast
Historical data & Forecast of UAE Genset Rental Market Revenues for the Period 2016-2026F
Historical data & Forecast of UAE Genset Rental Market Revenues, By Types, for the Period 2016-2026F
Historical data & Forecast of UAE Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
Historical data & Forecast of UAE Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
Historical data & Forecast of UAE Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
Historical data & Forecast of UAE Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
UAE Genset Rental Market Drivers and Restraints
UAE Genset Rental Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
UAE Genset Rental Market Opportunity Assessment
UAE Genset Rental Market Player’s Revenue Shares
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations