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Saudi Arabia Genset Rental Market Outlook: Market Forecast By Types, By KVA Rating, By Applications (Power Utilities, Oil & Gas, Construction, Manufacturing, Quarrying And Mining, Others) And Competitive Landscape

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    Report

  • 77 Pages
  • May 2022
  • Region: Saudi Arabia
  • 6W Research
  • ID: 5716036

Saudi Arabia genset rental market report thoroughly covers market by types, kVA ratings and applications. Saudi Arabia genset rental market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Saudi Arabia Genset Rental Market Synopsis

Saudi Arabia genset rental market declined in 2020 on the back of Covid-19 pandemic, as there were delay and cancellation for projects in various sectors across the country in order to maintain the social distancing measures adopted to curb the spread of coronavirus. There was also a slump in social gatherings and entertainment events due to the imposed lockdown in the country. This hampered the economic growth in Saudi Arabia, causing substantial disturbance in the supply chain and brought about a fall in electricity consumption in Saudi Arabia. These elements prompted a decrease in demand for genset rentals in Saudi Arabia during the last year. However, the market is expected to exhibit growth in 2021 on account of projects getting resumed and the commencement of new contracts, along with increasing need for power in the commercial and industrial sectors.

According to the publisher, Saudi Arabia Genset Rental Market size is projected to grow at a CAGR of 7.7% in terms of revenues during 2021-2027. Growth of the non-oil sector and plans under Saudi Vision 2030 are the major factors driving the growth of Saudi Arabia genset rental market. The cost of buying a genset and its maintenance is quite high which persuades customers to rent gensets rather than to buy them. The configuration flexibility of the generators is also an additional advantage of renting the gensets.

Market by kVA Ratings Analysis

On the basis of kVA ratings, 350.1-750 kVA acquired majority of the revenue share of the genset rental market in the country and is expected to capture the largest market share during the forecast period due to its high usability in multiple sectors. Apart from this segment, above 1,000 kVA rating segment will also show high market growth owing to the execution of infrastructural development by the government of Saudi Arabia in various industries as infrastructure projects require a high-power source, leading to more utilization of genset rentals above 1,000 kVA rating.

Market by Application Analysis

On the basis of applications, the power utilities sector garnered the major market revenue share during the year 2020 and is expected to lead the genset rental market in Saudi Arabia in coming years owing to the rapidly developing energy and power sector in the region. Additionally, market shares for the construction segment will also increase due to implementation of a large number of projects in this sector. This will occur on account of the goals of the Saudi Arabia government to diversify the economy in order reduce their reliance on the oil sector.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2027.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.

Key Highlights of the Report

  • Saudi Arabia Genset Rental Market Overview
  • Saudi Arabia Genset Rental Market Outlook
  • Saudi Arabia Genset Rental Market Forecast
  • Saudi Arabia Genset Rental Market Share
  • Saudi Arabia Genset Rental Market Growth
  • Historical Data and Forecast of Saudi Arabia Genset Rental Market Revenues for the Period 2017-2027F
  • Historical Data and Forecast of Saudi Arabia Genset Rental Market Revenues, By Types for the Period 2017-2027F
  • Historical Data and Forecast of Saudi Arabia Genset Rental Market Revenues, By kVA Rating for the Period 2017-2027F
  • Historical Data and Forecast of Saudi Arabia Genset Rental Market Revenues, By Applications for the Period 2017-2027F
  • Market Drivers
  • Market Restraints
  • Saudi Arabia Genset Rental Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Market Player’s Revenue Shares
  • Market Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Types

  • Diesel
  • Gas

By kVA Rating (Only Diesel)

  • Upto 100 kVA
  • 1 to 350 kVA
  • 1 to 750 kVA
  • 1 to 1,000 kVA
  • Above 1,000 kVA

By Applications (Only Diesel)

  • Power Utilities
  • Oil & Gas
  • Construction
  • Manufacturing
  • Quarrying and Mining
  • Others (Events, Hospitality, Healthcare, Retail & Commercial etc.)

Table of Contents

1. Executive Summary

2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions

3. Saudi Arabia Genset Rental Market Overview
3.1 Saudi Arabia Genset Rental Market Revenues, 2017-2027F
3.3 Saudi Arabia Genset Rental Market - Industry Life Cycle
3.4 Saudi Arabia Genset Rental Market - Porter’s Five Forces

4. Covid-19 Impact Analysis on Saudi Arabia Genset Rental Market

5. Saudi Arabia Genset Rental Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints

6. Saudi Arabia Genset Rental Market Trends

7. Saudi Arabia Genset Rental Market Overview, By Type
7.1 Saudi Arabia Genset Rental Market Revenue Share, By Type, 2020 & 2027F
7.2 Saudi Arabia Genset Rental Market Revenues, By Type, 2017 - 2027F
7.2.1 Saudi Arabia Genset Rental Market Revenues, By Diesel, 2017 - 2027F
7.2.2 Saudi Arabia Genset Rental Market Revenues, By Gas, 2017 - 2027F

8. Saudi Arabia Diesel Genset Rental Market Overview, By kVA Rating
8.1 Saudi Arabia Diesel Genset Rental Market Revenue Share, By kVA Rating, 2020 & 2027F
8.2 Saudi Arabia Diesel Genset Rental Market Revenues, By kVA Rating, 2017 - 2027F
8.2.1 Saudi Arabia Diesel Genset Rental Market Revenues, By Upto 100 kVA Rating, 2017 - 2027F
8.2.2 Saudi Arabia Diesel Genset Rental Market Revenues, By 100.1 - 350 kVA Rating, 2017 - 2027F
8.2.3 Saudi Arabia Diesel Genset Rental Market Revenues, By 350.1 - 750 kVA Rating, 2017 - 2027F
8.2.4 Saudi Arabia Diesel Genset Rental Market Revenues, By 750.1 - 1,000 kVA Rating, 2017 - 2027F
8.2.5 Saudi Arabia Diesel Genset Rental Market Revenues, By Above 1,000 kVA Rating, 2017 - 2027F

9. Saudi Arabia Diesel Genset Rental Market Overview, By Applications
9.1 Saudi Arabia Diesel Genset Rental Market Revenue Share, By Applications, 2020 & 2027F
9.2 Saudi Arabia Diesel Genset Rental Market Revenues, By Applications, 2017 - 2027F
9.2.1 Saudi Arabia Diesel Genset Rental Market Revenues, By Power Utilities, 2017 - 2027F
9.2.2 Saudi Arabia Diesel Genset Rental Market Revenues, By Oil & Gas, 2017 - 2027F
9.2.3 Saudi Arabia Diesel Genset Rental Market Revenues, By Manufacturing, 2017 - 2027F
9.2.4 Saudi Arabia Diesel Genset Rental Market Revenues, By Construction, 2017 - 2027F
9.2.5 Saudi Arabia Diesel Genset Rental Market Revenues, By Quarrying & Mining, 2017 - 2027F
9.2.6 Saudi Arabia Diesel Genset Rental Market Revenues, By Others, 2017 - 2027F

10. Saudi Arabia Genset Rental Market Key Performance Indicators

11. Saudi Arabia Genset Rental Market Opportunity Assessment
11.1 Saudi Arabia Genset Rental Market Opportunity Assessment, By Type, 2027F
11.2 Saudi Arabia Diesel Genset Rental Market Opportunity Assessment, By kVA Rating, 2027F
11.3 Saudi Arabia Diesel Genset Rental Market Opportunity Assessment, By Applications, 2027F

12. Saudi Arabia  Genset Rental Market Competitive Landscape
12.1 Saudi Arabia Genset Rental Market Revenue Ranking, By Companies, 2020
12.2  Saudi Arabia Genset Rental Market Competitive Benchmarking
12.2.1 Saudi Arabia Genset Rental Market Competitive Benchmarking, By Operating Parameters
12.2.2 Saudi Arabia Genset Rental Market Competitive Benchmarking, By Technical Parameters

13. Company Profiles
13.1 Aggreko Public Limited Company
13.2 Byrne Equipment Rental LLC
13.3 Rental Solutions & Services LLC
13.4 Altaaqa Alternative Solutions Company
13.5 Energia MTC LTC
13.6 Nour Energy
13.7 Olayan Energy Ltd.
13.8 SES Smart Energy Solutions FZCO
13.9 Saudi Diesel Equipment Company
13.10 Hertz Dayim Equipment Rental Co.

14. Key Strategic Recommendations

15. Disclaimer

List of Figures
1. Saudi Arabia Genset Rental Market Revenues, 2017-2027F ($ Million)
2. Saudi Arabia Military Expenditure, 2016-2020 ($ Billion)
3. Saudi Arabia Manufacturing Sector, Value Added,2016-2020 ($ Billion)
4. Saudi Arabia Non-Oil Revenues, 2016-2020 ($ Billion)
5. Saudi Arabia Renewable Energy Consumption,2014-2019 (% of total final energy consumption)
6. Saudi Arabia Genset Rental Market Revenue Share, By Type, 2020 & 2027F
7. Saudi Arabia Diesel Genset Rental Market Revenues, 2017-2027F ($ Million)
8. Saudi Arabia Gas Genset Rental Market Revenues, 2017-2027F ($ Million)
9. Saudi Arabia Diesel Genset Rental Market Revenue Share, By kVA Rating, 2020 & 2027F
10. Saudi Arabia Diesel Genset Rental Market Revenue Share, By Applications, 2020 & 2027F
11. Saudi Arabia expected Residential Supply, H2 2021 (Thousand Units)
12. Saudi Arabia expected Retail Supply, H2 2021 (Thousand sq m GLA)
13. Saudi Arabia Genset Rental Market Opportunity Assessment, By Type, 2027F
14. Saudi Arabia Diesel Genset Rental Market Opportunity Assessment, By kVA Rating, 2027F
15. Saudi Arabia Diesel Genset Rental Market Opportunity Assessment, By Applications, 2027F
16. Saudi Arabia Genset Rental Market Revenue Ranking, By Companies, 2020

List of Tables
1. Saudi Arabia Diesel Genset Rental Market Revenues, By kVA Rating, 2017-2027F ($ Million)
2. Saudi Arabia Diesel Genset Rental Market Revenues, By Applications, 2017-2027F ($ Million)

Samples

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Companies Mentioned

  • Aggreko Public Limited Company
  • Byrne Equipment Rental LLC
  • Rental Solutions & Services LLC
  • Altaaqa Alternative Solutions Company
  • Energia MTC LTC
  • Nour Energy
  • Olayan Energy Ltd.
  • SES Smart Energy Solutions FZCO
  • Saudi Diesel Equipment Company
  • Hertz Dayim Equipment Rental Co.