UAE Genset market accounts for $185 Million and 8218 in unit sales. In UAE, diesel genset rental market has generated majority of the market revenues and is expected to maintain its dominance. Upcoming World Expo 2020 in which about 25 million international tourists are forecast to visit the country. To meet the requirements for the upcoming event, establishment of trade centers, construction of hotels & hospitals, expansion of rail network and airport expansion is exhibited, which would spur genset market in UAE. Dubai, Abu Dhabi, Sharjah, Umm al-Quwain, Dibba, and Fujairah are the key contributing cities in UAE’S Genset Market.
Amongst all applications, utilities, oil & gas and construction & industrial applications dominated the market, where major growth is projected from construction and industrial application. Also, by end of 2014, the value of planned and announced projects in the country is expected to cross $300 billion, which would fuel genset business in the country.
The increasing energy demand and surging infrastructure owing to the upcoming World Expo 2020 in Dubai is increasing demand for the Genset market.Electricity requirement for construction projects in remote areas is likely to be met by diesel gensets, primarily because of the much better portability of diesel compared to gas.
2. UAE Diesel Genset Market by Revenue and Units
3. UAE Diesel Genset Market Share of Major Players
4. UAE Diesel Genset Market Split by Power Rating
5. UAE Diesel Genset Market Driver and Inhibitors
6. UAE Diesel Genset Attractiveness