Qatar Diesel Generator Market
Qatar Diesel Generator Market, By Power Rating (Low Power Generator, Medium Power Generator, High Power Generator); By Portability (Stationary, Portable); By Application (Industrial, Commercial, Residential), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: November 2024
- Report ID: BWC24863
- Available Format: PDF
- Page: 117
Report Overview
A spurring demand for uninterrupted power supply driven by rapid industrialization and urbanization are expected to boost the growth of Qatar Diesel Generator Market during the forecast period between 2024 and 2030.Qatar Diesel Generator Market - Industry Trends & Forecast Report, 2030
Qatar Diesel Generator Market size was estimated to be worth USD 26.89 million in 2023. During the forecast period between 2024 and 2030, Qatar Diesel Generator Market size is projected to grow at a CAGR of 8.77%, reaching a value of USD 48.45 million by 2030. Major growth factors for Qatar Diesel Generator Market include a growing demand for continuous power supply in various industries, including oil and gas, construction, and infrastructure development. In addition, rapid industrialization owing to favorable government initiatives and cheaper fuel availability is anticipated to drive Qatar Diesel Generator Market growth during the forecast period in analysis.
Diesel Generator – Overview
A diesel generator produces electricity using an electric generator and a diesel engine. Combining the efficiencies of the diesel engine and alternator, the diesel generator has an efficiency range of 30%–50%. Generators are practical devices that provide electricity during a power outage, preventing the interruption of daily activities or business operations. They have 50% higher energy efficiency than a gasoline generator operating at the same capacity because they burn fuel using compression heat rather than spark ignition.
Qatar Diesel Generator Market
Growth Drivers
Expanding Oil & Gas Sector
The oil and gas sector is the leading sector of Qatar’s economy and is expected to flourish during the forecast period as well. Qatar is swiftly moving forward with its ambitious plans to double its economy by 2031 and is focusing on the hydrocarbon sector and increasing its LNG output. As a result, the demand for diesel generators is projected to surge in the country. The expansion of the oil and gas sector relies heavily on uninterrupted power supply for continuous operations, particularly in remote areas with limited accessibility to the main power grid. Diesel generators are also a preferred choice due to their robustness in harsh climatic conditions, which also contributes to its market growth.
Challenges
Stringent Environment Regulations
The growing concerns surrounding the use of fossil fuels and an increasing focus towards sustainability are triggering the market shift from diesel generators to clean energy sources. Qatar is one of the leading countries that is tightening its environmental regulations to curb industrial emissions, particularly from the power generation sector. Diesel engines emit greenhouse gases (GHGs) and other pollutants. With companies and industries aligning themselves more with sustainable practices, they are adopting cleaner alternatives, such as natural gas powered generators or renewable energy solutions, including solar and wind energy, for their operations. These factors may pose major challenges for Qatar Diesel Generator Market growth during the forecast period.
Impact of Escalating Geopolitical Tensions on Qatar Diesel Generator Market
The escalating geopolitical tensions, directly and indirectly, could impact the growth of Qatar Diesel Generator Market. Trade restrictions, such as sanctions and tariffs caused by geopolitical conflicts, disrupt the availability of raw materials and key components used in diesel generator production, such as engines, generators, and fuel systems. This could increase costs and delay supply, impacting both local and regional markets. However, geopolitical tensions may also provide growth opportunities to the Diesel Generator Market in Qatar due to rising concerns surrounding energy security. Qatar, like many Gulf countries, relies heavily on stable and uninterrupted energy supply for its oil and gas industries. In times of heightened geopolitical risks, industries and critical infrastructure may invest more in diesel generators for backup power to ensure operational continuity.
Qatar Diesel Generator Market
Segmental Coverage
Qatar Diesel Generator Market – By Power Rating
Based on power rating, Qatar Diesel Generator Market is segmented into low-power generators, medium-power generators, and high-power generators. The high-power generator segment holds the largest share of Qatar Diesel Generator Market. High-power generators are prominently used on construction sites and in the oil & gas sector to power heavy machinery. In addition, the expanding manufacturing sector of Qatar is anticipated to provide lucrative growth opportunities to high-power generators during the forecast period.
Qatar Diesel Generator Market – By Portability
Based on portability, Qatar Diesel Generator Market is segmented into stationary and portable. The stationary segment accounts for a larger share of Qatar Diesel Generator Market by portability. A high demand for diesel generators in critical infrastructure such as government, healthcare, and manufacturing contributes to its flourishing market growth. Stationary diesel generators offer higher durability, fuel efficiency, and require lower maintenance, which reduces operational costs. However, the portable segment is estimated to witness a high CAGR during the forecast period owing to its increasing demand from the construction sector.
Qatar Diesel Generator Market – By Application
On the basis of application, Qatar Diesel Generator Market is segmented into industrial, commercial, and residential. The industrial segment dominates Qatar Diesel Generator Market. A significant spike in housing demand across the country leads to extensive construction activities for infrastructure development. Diesel generators are used in the construction industry for uninterrupted power supply, particularly in remote areas, to keep the projects scheduled. Following the industrial segment, the commercial segment also covers a substantial market share owing to expanding hospitality, healthcare, and other commercial sectors.
Competitive Landscape
Qatar Diesel Generator market is highly competitive, as a number of companies are competing to gain a significant market share. Key players in the market include Caterpillar (CAT), Cummins, Perkins, Volvo Penta, Kohler, MTU (by Rolls-Royce), Scania, Doosan, Atlas Copco, and Leroy-Somer (by Nidec). To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period– 2024–2030 |
|
Facts Covered |
Revenue in USD Million |
Product/ Service Segmentation |
Power Rating, Portability, Application |
Key Players |
Caterpillar (CAT), Cummins, Perkins, Volvo Penta, KOHLER, MTU (by Rolls-Royce), Scania, Doosan, Atlas Copco, Leroy-Somer (by Nidec) |
By Power Rating
-
Low Power Generator
-
Medium Power Generator
-
High Power Generator
By Portability
-
Stationary
-
Portable
By Application
-
Industrial
-
Commercial
-
Residential
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Qatar Diesel Generator Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Expanding Industrialization and Urbanization
- Increasing Demand for Uninterrupted Power Supply
- Restraints
- Growing Preference for Clean Energy
- High Operating and Maintenance Cost
- Opportunities
- Rising Demand for Data Centers and Telecommunications Infrastructure
- Technological Advancements in Diesel Generators
- Challenges
- Environmental Concerns
- High Noise Pollution
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Qatar Diesel Generator Market: Marketing Strategies
- Qatar Diesel Generator Market: Pricing Analysis
- Qatar Diesel Generator Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share and Forecast
- By Power Rating
- Low Power Generator
- Medium Power Generator
- High Power Generator
- By Portability
- Stationary
- Portable
- By Application
- Industrial
- Commercial
- Residential
- By Power Rating
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Qatar Diesel Generator Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Escalating Geopolitical Tensions on Qatar Diesel Generator Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Caterpillar (CAT)
- Cummins
- Perkins
- Volvo Penta
- KOHLER
- MTU (by Rolls-Royce)
- Scania
- Doosan
- Atlas Copco
- Leroy-Somer (by Nidec)
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Qatar Diesel Generator Market Segmentation
Figure 2 Qatar Diesel Generator Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Qatar Diesel Generator Market Size, By Value (USD Million), 2019–2030
Figure 5 Qatar Diesel Generator Market Share, By Power Rating, By Value (USD Million), 2019–2030
Figure 6 Qatar Diesel Generator Market Share, By Portability, By Value (USD Million), 2019–2030
Figure 7 Qatar Diesel Generator Market Share, By Application, By Value (USD Million), 2019–2030
List of Tables
Table 1 Qatar Diesel Generator Market Size, By Value (USD Million), 2019–2030
Table 2 Qatar Diesel Generator Market Share, By Power Rating, By Value (USD Million), 2019–2030
Table 3 Qatar Diesel Generator Market Share, By Portability, By Value (USD Million), 2019–2030
Table 4 Qatar Diesel Generator Market Share, By Application, By Value (USD Million), 2019–2030
Table 5 Caterpillar (CAT) Company Overview
Table 6 Caterpillar (CAT) Financial Overview
Table 7 Cummins Company Overview
Table 8 Cummins Financial Overview
Table 9 Perkins Company Overview
Table 10 Perkins Financial Overview
Table 11 Volvo Penta Company Overview
Table 12 Volvo Penta Financial Overview
Table 13 KOHLER Company Overview
Table 14 KOHLER Financial Overview
Table 15 MTU (by Rolls-Royce) Company Overview
Table 16 MTU (by Rolls-Royce) Financial Overview
Table 17 Scania Company Overview
Table 18 Scania Financial Overview
Table 19 Doosan Company Overview
Table 20 Doosan Financial Overview
Table 21 Atlas Copco Company Overview
Table 22 Atlas Copco Financial Overview
Table 23 Leroy-Somer (by Nidec) Company Overview
Table 24 Leroy-Somer (by Nidec) Financial Overview
Market Segmentation
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