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Key Factors Driving the Growth of the GCC Power Rental Market forecast 2028


 GCC Power Rental Market Outlook for 2023-28

Markntel Advisors has conducted a comprehensive study on the GCC Power Rental market is projected to grow at a CAGR of around 13.67% during the forecast period, i.e., 2023-28. The market growth imputes to the rising demand for temporary power solutions in various industries such as construction, oil & gas, etc. Also, during the summers & the peak season, the non-availability of the national grid puts pressure on the grids in the major countries of the GCC, such as Saudi Arabia & the UAE, among others. Hence, to cater to the rising electricity demand, these energy rental solutions play a major role in the GCC region.

In addition, the GCC Power Rental 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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GCC Power Rental Market Possible Restraint:

Stringent Government Regulations on Carbon Emission to Impede the Market - Stringent government regulations on carbon emissions have a significant impact on the Diesel Generator Power Rental industry. These regulations are planned to reduce the number of greenhouse gases emitted by power generators, including diesel generators, to mitigate the effects of climate change. As a result of these regulations, diesel generator rental companies, are required to invest in new technologies & equipment to reduce carbon emissions. It could inflate the cost of operation & make diesel generators less competitive compared to other power sources, such as solar or wind. Hence, diesel generator rental companies explore alternative power sources, such as renewable energy, or invest in newer, more efficient diesel generators that meet stricter emissions standards, which would hamper the demand for existing diesel generators, further impeding the market growth in the years ahead.

GCC Power Rental Industry Breakdown: Key Revenue Generating Segments

To facilitate focused analysis, the GCC Power Rental 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 Type

-Generator- Market Size & Forecast 2018-2028, USD

- Up to 100 KVA - Market Size & Forecast 2018-2028, USD Million

-100.1 KVA-350 KVA- Market Size & Forecast 2018-2028, USD Million

-350.1-750 KVA- Market Size & Forecast 2018-2028, USD Million

-750.1-1000KVA- Market Size & Forecast 2018-2028, USD Million

-Above 1,000 KVA- Market Size & Forecast 2018-2028, USD Million

-Loadbanks- Market Size & Forecast 2018-2028, USD

-Transformers- Market Size & Forecast 2018-2028, USD Million

-By End User

-Power Utilities- Market Size & Forecast 2018-2028, USD Million

-Oil & Gas- Market Size & Forecast 2018-2028, USD Million

-Construction- Market Size & Forecast 2018-2028, USD Million

-Manufacturing- Market Size & Forecast 2018-2028, USD Million

-Metal & Mining- Market Size & Forecast 2018-2028, USD Million

-Others (Events, etc.)- Market Size & Forecast 2018-2028, USD Million

-By Country

-The UAE

-Saudi Arabia

-Qatar

-Kuwait

-Oman

-Bahrain

Each sections offer valuable insights into the GCC Power Rental 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 GCC Power Rental Industry

-ENERGIA

-Aggreko

-Byrne Equipment Rental

-Sudhir Rental

-Altaaqa Global

-Hertz Dayim Equipment Rental

-Energy Equipment Rental Co.

-Atlas Copco Rental

-Saudi Diesel Equipment Company (SDEC)

-Modern Energy Pvt. Ltd.

-Rental Solutions & Services

-others

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GCC Power Rental Market Research Report Answers the Following Key Questions

  • How big is the GCC Power Rental Market?
  • What is the projected growth rate or CAGR of the GCC Power Rental Market during 2023-28?
  • What are the key trends or growth opportunities for the key players in the GCC Power Rental Market?
  • Which ‘segment’ seems promising for companies operating in the GCC Power Rental Market?

Note: Markntel Advisors provides personalized reports tailored to the specific needs and preferences of clients. For further information or inquiries regarding customized reports, please get in touch with the sales team, who will assist you in your purchase and address any queries you may have.

About Us

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfil their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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