Market Forecast By KVA (5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA), By Application (Residential, Commercial, Industrial, Transportation & Public Infrastructure) And Competitive Landscape
Product Code: ETC090040 | Publication Date: Aug 2021 | Updated Date: May 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, the UK was the largest exporter in terms of value, followed by China. It has registered a decline of -13.75% over the previous year. While China registered a growth of 128.15% as compared to the previous year. In the year 2017, the UK was the largest exporter followed by France. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has a Herfindahl index of 1437 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1633 which signifies moderately concentrated in the market.
Qatar Diesel Genset (Generator) Market is growing due to an increase in demand for backup power solutions. The major contributors to this growth are construction and industrial sectors. Many companies have started introducing advanced diesel gensets with high-power output capacity to provide an uninterrupted power supply. There is a shift towards environmentally friendly and energy-efficient solutions in the diesel genset market. There is the adoption of advanced technologies, such as hybrid generators and renewable energy sources like solar power to reduce the impact on the environment. Modularization is another emerging trend in the market. The demand for rental generators has also increased as various events are taking place in the country. There is a focus on sustainability and the efficiency of the products to cater to the various needs of the consumers.
Qatar Diesel Genset (Generator) Market report thoroughly covers the market by KVA and Application. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.
Qatar Diesel Genset (Generator) Market is projected to grow over the coming year. Qatar Diesel Genset (Generator) Market report is a part of our periodical regional publication Middle East Diesel Genset (Generator) Market Outlook report. 6W tracks the diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Diesel Genset (Generator) Market outlook report annually.
Qatar Diesel Genset( Generator)Market is likely to grow in the forecast year. The growing population of the country, the rising economy, and the development of infrastructure are the key drivers for the growth of the market. The cost-effectiveness of diesel gensets compared to other power sources is another factor for the growth. The various government policies toward the development of the sustainable energy sector have positively affected the market.
According to 6Wresearch, Qatar Diesel Genset Market grew by 0.1% in 2017- 2020 and is expected to grow at a cagr of 3.2% during 2021- 2027. The market is growing significantly due to the expansion of the construction sector, which is heavily dependent on reliable power supply. Qatar’s oil and gas market also plays a major role in the increasing demand for diesel gensets. The growth of the population and rise in industrialization have led to high demand for electricity. There are various government initiatives by the government to promote economic diversification and it has led to more investment in the various sectors such as education and health care. These sectors require power supply for effective operation and thus it has led to an increase in overall demand for electricity. There are some challenges prevalent in the Diesel Genset Market in Qatar. The major challenge is the association of high cost with diesel fuel and due to this, the potential customers are reluctant in investing in the machines. Another major challenge is environmental concerns related to emissions. There is an emphasis on adoption of the eco-friendly technologies to reduce carbon emissions.
The Qatar Diesel Genset Industry was profoundly impacted by the pandemic. There was a change in consumer behavior and spending patterns due to lockdowns and social distancing measures. The transport restriction and the supply chain disruption due to the closures of borders led to the cancelation of orders and delays in deliveries. There was a decline in the demand for the diesel genset due to lockdown measures and it led to a decrease in the sales of the machines. The construction industry primarily uses the diesel gensets and it has been severely affected by COVID-19.
These are the prominent players in the market who are significant distributors and producers of diesel gensets and it is leading to an increase in Qatar Diesel Genset Market Share.
On the basis of KVA, the market is divided into 5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, and Above 1000 KVA. 375.1 - 750 KVA will dominate the market owing to use in commercial and industrial facilities and construction sites leading to the increase in Qatar Diesel Generator Market Growth
According to Dhaval, Research Manager, 6Wresearch, on the basis of Application, the market is segmented into Residential, Commercial, Industrial, and Transportation & Public Infrastructure. The commercial segment will dominate the due to large number of commercial establishments in the region.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Diesel Genset Market Overview |
3.1 Qatar Diesel Genset Market Revenues & Volume, 2017 - 2027F |
3.2 Qatar Diesel Genset Market - Industry Life Cycle |
3.3 Qatar Diesel Genset Market - Porter's Five Forces |
3.4 Qatar Diesel Genset Market Revenues & Volume Share, By KVA, 2020 & 2027F |
3.5 Qatar Diesel Genset Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 Qatar Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Diesel Genset Market Trends |
6 Qatar Diesel Genset Market Segmentation |
6.1 Qatar Diesel Genset Market, By KVA |
6.1.1 Overview and Analysis |
6.1.2 Qatar Diesel Genset Market Revenues & Volume, By KVA, 2017 - 2027F |
6.1.3 Qatar Diesel Genset Market Revenues & Volume, By 5 - 75 KVA, 2017 - 2027F |
6.1.4 Qatar Diesel Genset Market Revenues & Volume, By 75.1 - 375 KVA, 2017 - 2027F |
6.1.5 Qatar Diesel Genset Market Revenues & Volume, By 375.1 - 750 KVA, 2017 - 2027F |
6.1.6 Qatar Diesel Genset Market Revenues & Volume, By 750.1 - 1000 KVA, 2017 - 2027F |
6.1.7 Qatar Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2017 - 2027F |
6.2 Qatar Diesel Genset Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Diesel Genset Market Revenues & Volume, By Residential, 2017 - 2027F |
6.2.3 Qatar Diesel Genset Market Revenues & Volume, By Commercial, 2017 - 2027F |
6.2.4 Qatar Diesel Genset Market Revenues & Volume, By Industrial, 2017 - 2027F |
6.2.5 Qatar Diesel Genset Market Revenues & Volume, By Transportation & Public Infrastructure, 2017 - 2027F |
7 Qatar Diesel Genset Market Import-Export Trade Statistics |
7.1 Qatar Diesel Genset Market Export to Major Countries |
7.2 Qatar Diesel Genset Market Imports from Major Countries |
8 Qatar Diesel Genset Market Key Performance Indicators |
9 Qatar Diesel Genset Market - Opportunity Assessment |
9.1 Qatar Diesel Genset Market Opportunity Assessment, By KVA, 2020 & 2027F |
9.2 Qatar Diesel Genset Market Opportunity Assessment, By Application, 2020 & 2027F |
10 Qatar Diesel Genset Market - Competitive Landscape |
10.1 Qatar Diesel Genset Market Revenue Share, By Companies, 2020 |
10.2 Qatar Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |