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Diesel Gensets Market in the GCC 2018-2022| Low Operational Costs to Boost Growth| Technavio

December 31, 2018

LONDON--(BUSINESS WIRE)--Dec 31, 2018-- analysts forecast the diesel gensets market in the GCC to grow at a CAGR of nearly 6% during the forecast period, according to their latest market research report.

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Technavio has released a new market research report on the diesel gensets market in the GCC for the period 2018-2022. (Graphic: Business Wire)

The incorporation of remote monitoring systems in gensets is one of the major trends being witnessed in the . Diesel gensets are undergoing a series of technological progress such as from advanced monitoring equipment to hi-tech control systems. Manufacturers are adopting these features into diesel gensets to differentiate them from their previous product portfolio.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the diesel gensets market in the GCC is the low operational costs:

Diesel gensets market in the GCC: Low operational costs

Fuel efficiency is one of the major advantages of diesel genset. When compared with gasoline-powered gensets, diesel gensets use less fuel because the former uses a compression ignite engine.

According to a senior analyst at Technavio for research on power, “Fuel and air are introduced into the engine separately. Only the air is compressed, which allows the engine to run more efficiently by using less fuel. Gasoline engines mix the fuel and air together in a carburetor before compression, thus reducing fuel efficiency.”

Diesel gensets market in the GCC: Segmentation analysis

The diesel gensets market in the GCC research report provides market segmentation by product (stationary diesel gensets and portable diesel gensets) and by region (Saudi Arabia, Qatar, UAE, Oman, Kuwait, and Bahrain). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The stationary diesel gensets segment held the largest market share in 2017, accounting for over 81% of the market. This product segment is expected to dominate the global market throughout the forecast period.

Saudi Arabia led the market in 2017 with a market share of 26%. This region is expected to dominate the market through 2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181230005013/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: MIDDLE EAST

INDUSTRY KEYWORD: ENERGY OIL/GAS MANUFACTURING ENGINEERING

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/31/2018 12:25 AM/DISC: 12/31/2018 12:25 AM

http://www.businesswire.com/news/home/20181230005013/en

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