Saudi Arabia Diesel Genset Rental Market Top 10 Companies | Manufacturers & Suppliers 2024

Saudi Arabia Diesel Genset Rental Market Top 10 Companies

As per 6Wresearch, Saudi Arabia Diesel Genset Rental Market has been experiencing prominent growth and the market players have a major role to play in the market development. Leading companies have played a crucial role in driving the industry forward and meeting the increasing demand for reliable power solutions. One of the main contributions of key players is their investments in advanced technology and equipment. This has permitted them to offer high-quality diesel gensets that are efficient, durable, and can withstand harsh operating conditions.

Moreover, key players have also focused on expanding their presence across different regions and sectors within the country. This strategic move has not only expanded their market share but also helped in catering to the diverse needs of customers. Additionally, these key players have also played a key role in promoting the use of diesel genset rentals as a cost-effective and environmentally friendly alternative to purchasing new generators.

List of Leading Companies in the Saudi Arabia Diesel Genset Rental Market

1. Aggreko Middle East Ltd.

Aggreko Middle East Ltd is headquartered in Dubai. The company has been providing rental solutions in the Middle East for over 20 years. Aggreko operates on two business models: local business and power projects. Local Business provides equipment on a rental basis including maintenance and servicing of equipment. Power Projects installs and operates power plants and sells electricity to the customers. The power plant is owned by Aggreko.

2. Altaaqa Alternative Solutions Co. Ltd.

Altaaqa Alternative Solutions Co. Ltd. is a subsidiary of Zahid Group of Companies and is headquartered in Jeddah, Saudi Arabia. Altaaqa Alternative Solutions has installed more than 1.3 GW of power capacity in Saudi Arabia. Altaaqa is the largest supplier of Caterpillar’s diesel generators in the Saudi Arabia market. The company serves utility companies, oil, gas & mining sectors, construction companies and industrial cities with power projects, generator rental and other services.

3. Byrne Investments Saudi Arabia Ltd.

Byrne Equipment Rental operates in Saudi Arabia under the name Byrne Investments Saudi Arabia Limited. Byrne Equipment Rental was founded in 1992 and is headquartered in Dubai, UAE. The company was established in Saudi Arabia in 2001. The company has a fleet of almost 8,000 pieces of equipment including power generation, compressed air and welding equipment.

4. Cummins Olayan Energy, Ltd.

Cummins Olayan Energy (COE) is a joint venture between Cummins Power Generation and General Contracting Company (GCC), part of The Olayan Group. Cummins Olayan Energy began its operation in Saudi Arabia in 2002 and is headquartered in Jeddah. The company provides a wide range of Cummins generators for rent in Saudi Arabia. It also provides turnkey power solutions up to 400MW to utility and industrial and commercial customers in the country.

5. Energia Al Faris Contracting Company Ltd

Al Faris Energy Rentals was established in 2007 in UAE and expanded its presence in Saudi Arabia in 2011 as Energia Al Faris. The company provides turnkey power rental solutions for the Saudi Arabia market. The company provides diesel and alternative-fuelled electrical generator sets from 35 to 1250KVA from Cummins Power Generation, fg willson Generator Technologies and G-Drive. The company rental fleet includes over 750 generators, totalling 300 MW of power. In 2014, the company supplied diesel generators for the testing and commissioning of the 4000MW Qurayyah Independent Power Plant.

6. Energy Equipment Rental Co. Ltd.

Energy Equipment Rental Co. Ltd. (ENERCO) is a part of the Tamimi Group of Companies and is headquartered in Dammam, Saudi Arabia. ENERCO rents and sells diesel generators and develops customized energy solutions to serve temporary, medium-term and long-term energy requirements at low-voltage and medium-voltage levels. ENERCO cater to construction, utilities, telecommunication, hospitals, and business. Recently, ENERCO supplied diesel generators on a rental basis to SEC for the commissioning of the Najran Power Plant.

7. Hertz Dayim Equipment Rental Ltd.

Hertz Dayim Equipment Rental Ltd is a 51:49 joint venture between Hertz Equipment Rental Corporation and Saudi Arabia-based Dayim Holdings and is headquartered in Al-Khobar, Saudi Arabia

The company provides equipment for construction and industrial markets on both rent and sales. The company has a fleet size of more than 500 equipment. It provides generators of Atlas Copco and Himoinsa company. In 2015, Hertz expanded beyond Saudi Arabia by opening a depot in Doha, Qatar.

8. HUNE Specialized International Co. L.L.C.

HUNE Specialized International Co. L.L.C. is the subsidiary of HUNE Rental which operates in Saudi Arabia. The company was formed through a joint venture between Saudi Arabia’s ROLACO Trading & Contracting and HUNE Rental S.L.U of Spain. HUNESICO has a current fleet of approximately 500 units. The company provides rental of machinery and lifting platforms and maintenance and support during machine operation.

9. Peax Equipment Rental

Peax Equipment Rental was established in 1996 and is headquartered in Al-Khobar, Saudi Arabia. Peax operates as a rental division of Saudi Diesel Equipment Company. Peax provides large gensets, small gensets, light towers, material handling (Fork Lifts), air conditioning units and transformers on rent. The power generation equipment segment accounts for around 70% of the revenues of Peax's overall business.

10. Rental Solutions & Services Saudi Ltd.

Rental Solutions & Services LLC (RSS), headquartered in UAE. The company opened an office in Al Khobar, Kingdom of Saudi Arabia in 2008. The company offers rental power, temporary cooling and mobile water solutions. The company also provides rental energy equipment and after-sales and engineering services. RSS provides diesel generators, hybrid and tribrid generators on hire ranging from 15KVA - 1250KVA. The company is highly engaged in oil & gas projects and provides 500kVA to 1250kVA diesel generators on rent for oil & gas, petrochemicals and refineries.

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