Diesel Gensets Market in the GCC 2018-2022
About this market
One of the advantages of diesel gensets is its fuel efficiency. Disease gensets use less fuel when compared with gasoline- powered gensets because the former uses compression ignite engine. 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 engine mix the fuel and air together in a carburetor before compression thus reducing fuel efficiency. Technavio’s analysts have predicted that the diesel gensets market in the GCC will register a CAGR of almost 6% by 2022.
Low operational costs
The propelling advantages such as easy maintenance and lubricator of the engine, easy maintenance and many others will make diesel gensets preferable over other gensets.
Growing demand for alternative backup power equipment
The alternative backup power equipment is gradually emerging in the market and gaining popularity. This is likely to hamper the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the diesel gensets market in the GCC during the 2018-2022, view our report.
The diesel gensets market in the GCC is highly fragmented with the existence of many diesel genset manufacturers. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Technavio Announces the Publication of its Research Report – Diesel Gensets Market in the GCC 2018-2022
Technavio recognizes the following companies as the key players in the diesel gensets market in the GCC: Caterpillar, Cummins, Generac Power Systems, Rolls-Royce, Teksan Generator, Wartsila.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the incorporation of remote monitoring system in gensets.”
According to the report, one of the major drivers for this market is the diesel gensets use less fuel compared with gasoline- powered gensets.
Generac Power Systems
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