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 Biometrics Market (2018-2024)

Market Forecast By Technology (Fingerprint, Facial, Iris, Hand/Palm, Multimodal, Voice, Vein and Other Biometrics), By Applications (Time & Attendance, Access control and Record Keeping), By Verticals (Government & Transportation, Healthcare & Hospitality, Commercial Office...

Read More

India Cable Tray Market (2018-2024)

Market Forecast By Material (Aluminium, Steel, Stainless Steel and FRP including Fiber Reinforced Palastic), By Types (Ladder, Solid Bottom, Trough & Perforated, Channel, Wire Mesh and Single Rail), By Thickness (Below 1.5 mm, 1.5 - 2.5 mm and Above 2.5 mm)...

Read More

Saudi Arabia Thermostats, Valves & Actuators and Damper Actuators Market (2014-2024)

Market Forecast By Thermostats (By Types (Standalone and Communicating), By Technology (Wired and Wireless)), By Valves & Actuators (Multi-Turn (Ball Valves, Butterfly Valves, Plug Valves, Spherical Valves and Others), Quarter-Turn (Gate Valves, Globe Valves...

Read More

Sudan & South Sudan Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Iraq Air Conditioner Market (2018-2024)

Market Forecast By Product Type ( Room AC ( Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Ethiopia Air Conditioner Market (2018-2024)

Market Forecast By Product Type (Room AC (Window and Split), Ducted AC (Ceiling Concealed and Packaged), Ductless AC (Suspended, Floor Standing and Cassette), Centralized AC (VRF, AHU/FCU, Condensing Unit, Chiller and Others)), By Applications...

Read More

Indonesia 1,000 kVA - 2,500 kVA High Speed Gas Genset Market (2018-2024)

Market Forecast By Types (Standby Power and Continuous/Prime Power), By KVA Rating (1,000 kVA to 1,500 kVA and 1,500.1 kVA to 2,500 kVA), By Applications (Industrial, Commercial, Agriculture and Oil & Gas), By Regions (Java-Bali, Sumatra, Kalimantan, Sulawesi...

Read More

Global Water Mist Fire Protection Systems Market (2018-2024)

Market Forecast By Pressure (Low Pressure (< 12.1 bar), Intermediate Pressure (12.1 - 35 bar) and High Pressure (> 35 bar), By Types (Wet Pipe, Dry Pipe, Deluge and Pre-Action), By Applications (Residential, Commercial, Transportation Infrastructure, Data Center...

Read More

Indonesia High Speed Diesel Genset Market (2018-2024)

Market Forecast By kVA Rating (5 kVA-500 kVA, 501 kVA-1000 kVA and 1001 kVA-3000 kVA), By Types (Standby and Continuous/Prime), By Applications (Commercial, Residential, Industrial, Critical Applications, Infrastructure, Agriculture, Power Utilities and Others), By Regions...

Read More


Our Key Clients
6wreserach client list


6Wresearch Events
6wreserach events