Egypt Diesel Generator Market Outlook for 2023-28
Markntel Advisors has conducted a comprehensive study on the Egypt Diesel Generator Market is projected to grow at a CAGR of around 9.59% during the forecast period, i.e., 2023-28. Diesel generators have been in high demand from the agricultural sector for some time now, which has propelled the market in the past several years. Farmers in Egypt have relied largely on diesel generators to pump water from wells to the ground in locations distant from the Nile River for agriculture.
In addition, the Egypt Diesel Generator Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.
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Possible Restraint: Availability of Natural Gas Generators to Hinder the Market Growth
The significant contribution of diesel generators to the concentrations of sulfur dioxide (So2), nitrous oxides (NOx), carbon dioxide (Co2), and other pollutants that affect human health as well as the environment is affecting the demand for these generators negatively. In addition, the growing concerns about such emissions are leading to the launch of eco-friendly generators such as natural generators & bi-fuel generators in the Egyptian market. For instance,
- In 2022, the government of Egypt has set targets for renewables to make up 42% of the country's electricity mix by 2035, based on rapid solar & wind energy deployment. LNG solutions help to reduce CO2 emissions by 20%, NOx emissions by 90%, particle emissions by 97%, and SOx emissions by 100%.
Thus, the rising focus of the government on clean energy and the significant role played by natural gas generators in reducing emissions is estimated to hamper the sale of diesel generators in the country in the upcoming years.
Egypt Diesel Generator Industry Breakdown: Key Revenue Generating Segments
To facilitate focused analysis, the Egypt Diesel Generator Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter's five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:
-By KVA Rating
-Up to 75 KVA
-75.1 KVA to 375 KVA
-375.1 to 750 KVA
-750.1 KVA to 1000 KVA
-Above 1000 KVA
-By Type
-Stand By
-Prime & Continuous Power
-Peak Shaving
-By End Users
-Residential
-Commercial (Hospitality, Retail, Educational Institutions, etc.)
-Healthcare
-Government & Transport (Airports, Metro Stations, Govt. Buildings, Religious Centres, etc.)
-Oil & Gas
-Industrial (Manufacturing Facilities, Assembly Units, etc.)
-Equipment Rental Companies
Each sections offer valuable insights into the Egypt Diesel Generator Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.
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Competitive Analysis of the Egypt Diesel Generator Industry
-Cummins
-Generac Holdings Inc.
-Caterpillar Inc.
-FG Wilson
-Rolls-Royce Solutions Middle East FZE
-Aksa Power Generation FZE
-Atlas Copco Equipment Egypt
-Kohler-SDMO
-Himoinsa Middle East FZE
-Kirloskar DMCC
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Egypt Diesel Generator Market Research Report Answers the Following Key Questions
- How big is the Egypt Diesel Generator Market?
- What is the projected growth rate or CAGR of the Egypt Diesel Generator Market during 2023-28?
- What are the key trends or growth opportunities for the key players in the Egypt Diesel Generator Market?
- Which ‘segment’ seems promising for companies operating in the Egypt Diesel Generator Market?
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