Saudi Arabia Portable Generator Market
Saudi Arabia Portable Generator Market, By Fuel Type (Diesel, Gasoline, Natural Gas & LPG); By Power Rating (Less Than 5 kVA, 5-10 kVA, 10-20 kVA); By Application (Emergency, Prime/Continuous); By End User (Commercial, Industrial, Residential), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: September 2024
- Report ID: BWC24702
- Available Format: PDF
- Page: 110
Report Overview
Extreme summer temperatures, frequent power outages, environmental safety emphasis, technological advancements, and increasing demand for continuous power supply drive the growth of Saudi Arabia Portable Generator Market during the forecast period between 2024 and 2030
Saudi Arabia Portable Generator Market – Industry Trends & Forecast Report, 2030
Saudi Arabia Portable Generator Market size by value was estimated at USD 23.67 million in 2023. During the forecast period between 2024 and 2030, Saudi Arabia Portable Generator Market size is expected to expand at a CAGR of 4.90% reaching a value of USD 32.84 million by 2030. Saudi Arabia Portable Generator Market is driven by several factors. Extreme summer temperatures and frequent power outages necessitate reliable backup power solutions. The increasing emphasis on environmental safety and the need for continuous power supply in residential, commercial, and industrial sectors also contribute to market growth. Technological advancements in generator efficiency and fuel options further boost demand. Additionally, the rising number of construction projects and events requiring portable power sources supports the market’s expansion.
Portable Generator – Overview
A portable generator is a compact, movable device that converts mechanical energy into electrical energy using an internal combustion engine, alternator, and fuel tank. It provides temporary power during outages or in remote locations where electricity isn't available. Portable generators are commonly used for camping, construction sites, and emergency backup power. They come in various sizes and fuel types, including gasoline, diesel, and propane. Safety measures include operating them outdoors to avoid carbon monoxide poisoning.
Saudi Arabia Portable Generator Market
Growth Drivers
Frequent Power Outages
Frequent power outages, often caused by extreme weather conditions like sandstorms and high temperatures, are a significant growth driver for Saudi Arabia Portable Generator Market. Power outages disrupt daily life and business operations, increasing the demand for reliable backup power solutions. Portable generators offer a convenient and efficient way to ensure continuous power supply during these interruptions, making them essential for residential, commercial, and industrial applications.
Challenges
Limited Awareness about Portable Generators
A significant restraint to the growth of Saudi Arabia Portable Generator Market is the limited awareness among consumers about the benefits and applications of portable generators. Many potential users are unaware of how these devices can provide reliable backup power during outages or in remote locations. This lack of awareness hampers market growth, as consumers may not consider portable generators as a viable solution for their power needs. Increased educational efforts and marketing could help mitigate this issue.
Impact of Escalating Geopolitical Tensions on Saudi Arabia Portable Generator Market
Intensifying and further spreading of geopolitical tensions in the Middle East could adversely affect Saudi Arabia Portable Generator Market. Tensions among neighboring countries could disrupt supply chains, leading to delays and increased costs for raw materials. Uncertainty in energy policies may also deter investments and slow market growth. However, the heightened risk of power outages due to geopolitical instability can drive demand for portable generators as reliable backup power solutions. Businesses and consumers may prioritize securing continuous power, balancing the market's outlook between challenges and opportunities. Overall, the market's future remains highly dependent on the region's geopolitical climate.
Saudi Arabia Portable Generator Market
Segmental Information
Saudi Arabia Portable Generator Market – By Fuel Type
Based on fuel type, Saudi Arabia Portable Generator Market is divided into Diesel, Gasoline, and Natural Gas & LPG segments. The diesel segment is the largest fuel type in Saudi Arabia Portable Generator Market, due to their higher efficiency, reliability, and ability to handle heavy loads compared to other types. They are preferred in various applications, including construction, industrial, and residential sectors, particularly in remote areas with limited access to natural gas infrastructure. The robust performance and cost-effectiveness of diesel generators drive their demand, making this segment the market leader.
Saudi Arabia Portable Generator Market – By Power Rating
By power rating, Saudi Arabia Portable Generator Market is divided into Less Than 5 kVA, 5–10 kVA, and 10–20 kVA segments. The less than 5 kVA segment holds the largest market share of Saudi Arabia Portable Generator Market by power rating, driven by the increasing demand for portable power solutions in residential applications, small businesses, and events where lower power output is sufficient. The compact size, affordability, and ease of use of generators in this range make them popular for backup power in smaller-scale settings.
Saudi Arabia Portable Generator Market – By Application
Based on application, Saudi Arabia Portable Generator Market is divided into Emergency and Prime/Continuous segments. The emergency segment accounts for the largest share of Saudi Arabia Portable Generator Market by application. The segment’s dominance is driven by the increasing need for backup power solutions during power outages and the growing demand in residential, commercial, and industrial sectors. The reliance on emergency generators is particularly significant in regions with frequent power interruptions, making them a preferred choice over prime/continuous generators. The market's growth is further supported by rising infrastructure projects and expanding urban areas.
Competitive Landscape
Key players in the highly competitive Saudi Arabia Portable Generator Market include Himoinsa, Atlas Copco, Aggreko, Honeywell International, Energia, Briggs & Stratton, Eaton, Caterpillar, Generac, and other prominent players. 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 |
Market Coverage |
Saudi Arabia |
Product/Service Segmentation |
Fuel Type, Power Rating, Application, End User |
Key Players |
Himoinsa, Atlas Copco, Aggreko, Honeywell International, Energia, Briggs & Stratton, Eaton, Caterpillar, Generac |
By Fuel Type
-
Diesel
-
Gasoline
-
Natural Gas & LPG
By Power Rating
-
Less Than 5 kVA
-
5–10 kVA
-
10–20 kVA
By Application
-
Emergency
-
Prime/Continuous
By End User
-
Commercial
-
Industrial
-
Residential
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Saudi Arabia Portable Generator Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Frequent power outages in many parts of Saudi Arabia
- Growing Construction Industry
- Extensive oil and gas operations in the country
- Increasing disposable incomes
- Restraints
- High purchase cost
- Limited awareness about portable generators
- Competition from Alternative Power Fuel Types
- Opportunities
- Infrastructure development in Saudi Arabia
- Developing and promoting portable generators with lower emissions
- Expansion into rural areas
- Challenges
- Strict emission regulations in Saudi Arabia
- Intense competition with both domestic and international players vying for market share.
- 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
- Saudi Arabia Portable Generator Market: Marketing Strategies
- Saudi Arabia Portable Generator Market: Pricing Analysis
- Saudi Arabia Portable Generator Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Fuel Type
- Diesel
- Gasoline
- Natural Gas & LPG
- By Power Rating
- Less Than 5 kVA
- 5–10 kVA
- 10–20 kVA
- By Application
- Emergency
- Prime/Continuous
- By End User
- Commercial
- Industrial
- Residential
- By Fuel Type
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Products
- Saudi Arabia Portable Generator Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on Saudi Arabia Portable Generator Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook, and SWOT Analysis)
- Himoinsa
- Atlas Copco
- Aggreko
- Honeywell International
- Energia
- Briggs & Stratton
- Eaton
- Caterpillar
- Generac
- 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 Saudi Arabia Portable Generator Segmentation
Figure 2 Saudi Arabia Portable Generator Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Saudi Arabia Portable Generator Market Size, By Value (USD Million), 2019–2030
Figure 5 Saudi Arabia Portable Generator Market Share, By Fuel Type, By Value (USD Million), 2019–2030
Figure 6 Saudi Arabia Portable Generator Market Share, By Power Rating, By Value (USD Million), 2019–2030
Figure 7 Saudi Arabia Portable Generator Market Share, By Application, By Value (USD Million), 2019–2030
Figure 8 Saudi Arabia Portable Generator Market Share, By End User, By Value (USD Million), 2019–2030
List of Tables
Table 1 Saudi Arabia Portable Generator Market Size, By Value (USD Million), 2019–2030
Table 2 Saudi Arabia Portable Generator Market Share, By Fuel Type, By Value (USD Million), 2019–2030
Table 3 Saudi Arabia Portable Generator Market Share, By Power Rating, By Value (USD Million), 2019–2030
Table 4 Saudi Arabia Portable Generator Market Share, By Application, By Value (USD Million), 2019–2030
Table 5 Saudi Arabia Portable Generator Market Share, By End User, By Value (USD Million), 2019–2030
Table 6 Himoinsa Company Overview
Table 7 Himoinsa Financial Overview
Table 8 Atlas Copco Company Overview
Table 9 Atlas Copco Financial Overview
Table 10 Aggreko Company Overview
Table 11 Aggreko Financial Overview
Table 12 Honeywell International Company Overview
Table 13 Honeywell International Financial Overview
Table 14 Energia Company Overview
Table 15 Energia Financial Overview
Table 16 Briggs & Stratton Company Overview
Table 17 Briggs & Stratton Financial Overview
Table 18 Eaton Company Overview
Table 19 Eaton Financial Overview
Table 20 Caterpillar Company Overview
Table 21 Caterpillar Financial Overview
Table 22 Generac Company Overview
Table 23 Generac Financial Overview
Market Segmentation
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