Growing public infrastructure and expansion of the industrial sector are expected to drive the demand of Saudi Arabia Portable Generator Market in the forecast period, 2023-2027.
According to TechSci Research report, “Saudi Arabia Portable Generator Market, By Region, Competition Forecast & Opportunities, 2027”, the Saudi Arabia Portable Generator market is expected to witness robust CAGR growth in the forecast period, 2023-2027. Portable generators are used for providing emergency power supply in case of abrupt power outages. These are generally used at construction sites to operate air compressors, saws, drills to use minimal fuel consumption and maximize the power output to ensure smooth operation. The growing demand from commercial and industrial spaces to receive continuous power supply and the increasing infrastructure projects announced by leading authorities are influencing the market demand. With the rise in the number of telecom subscribers, telecommunication market players are fueling the need for installation of telecom towers. These towers require uninterrupted power supply which is expected to create growth lucrative opportunities for the Saudi Arabia Portable Generator market in the next five years.
However, limited power generation capacity of portable power generators and strict government policies emphasizing on the regulation of emission from diesel engines may restrain the growth of the Saudi Arabia Power Generator market for the next five years.
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The Saudi Arabia Portable Generator market is segmented by fuel type, end-user, power rating, application, competitional landscape, and regional distribution.
On the basis of the fuel type, the Saudi Arabia Portable Generator market is divided into diesel, gasoline, natural gas & LPG. The gasoline segment is expected to account for significant market share for the next five years, 2023-2027. Gasoline fuel is widely available and is considered as the common source of protein. These are used generally for low-load, temporary or intermittent applications and finds high demand from hunting, camping, emergency, or any other applications.
On the basis of the end-user, the Saudi Arabia Portable Generator market is divided into commercial, industrial, and residential. The residential segment is expected to witness the fastest incremental growth for the next five years. The growing use of consumer electronic and electrical devices such as lights, mobile phones, tablets, refrigerators, water purifier, air conditioners is making the household dependent on the continuous electric supply. In case of abrupt power outages, portable generators are used to experience comfort and convenience all the time. Portable generators are also in high demand for camping trips, tailgate parties, among others.
On the basis of the power rating, the Saudi Arabia Portable Generator market is divided into less than 5 kVA, 5-10 kVA, and 10-20 kVA. The 5-10 kVA is projected to be the largest contributor during the forecast period. Surging demand for portable generator for recreational activities and growing awareness about in-house power backup are the major contributing factors to market growth. These can be used for power applications including air conditioners, high-pressure washers, industrial motors, pumps, among others and these usually run of fuels such as diesel, propane and natural gas.
On the basis of the application, the Saudi Arabia Portable Generator market is divided into emergency and prime/continuous. The emergency segment is expected to hold the largest market share in the next five years. Portable generators that are used for shorter duration or emergency situations are called as emergency generator. Single filling of tank fuels the portable generator to run on an average of 10-12 hours. These are majorly used during the emergency situations such as occurrence of emergency situations including heavy rainfall, storms, heat waves disturb the generation and transmission infrastructure. To supply continuous energy for smooth running and enhance the consumer experience the Saudi Arabia Portable Generator market is expected to witness huge growth opportunities.
Major market players operating in Saudi Arabia Portable Generator market are:
- Jubaili Bros
- Jimen Power General Trading FZE
- Himoinsa
- Atlas Copco
- Aggreko
- Energia
- Honeywell International
- Siemens Limited
- Briggs & Stratton Co.
- Generac
- Eaton
- Caterpillar
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“Market players are investing high-end investments for research and development activities and introducing novel portable generator with high power output and advanced features to boost the sales of portable generators. Launch of dual fuel generators, hybrid generators and inverter portable generators are attracting large number of customers with reduced generator time and fuel consumption is expected to influence the portable generators market demand. Growing competition among the market players and the rise in the expenditure capacity of consumers are expected to propel the growth of Saudi Arabia Portable Generator market till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Portable Generator Market, By Region, Competition Forecast & Opportunities, 2027”, has evaluated the future growth potential of Saudi Arabia Portable Generator market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Portable Generator market.
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