Market Insights
As per recent research by MarkNtel Advisors, The Egypt Diesel Generator Market is projected to grow at a CAGR of around 9.59% during the forecast period, i.e., 2023-28.
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Growth Driver: Increased Development in End Use Industries to Contribute to Market Growth
The demand for diesel generators observed a positive growth in Egypt during historical years, owing to the expanding oil & gas and construction activities across the sectors such as residential, commercial, etc. Furthermore, the country is also attracting foreign direct investments (FDI) due to the introduction of a more business-friendly investment law in the country and the presence of important energy resources such as natural gas. According to International Trade Administration (ITA), FDI in the oil and gas sector increased from USD9 billion in FY 2014-2015 to USD47.8 in FY 2019-2020. For instance,
- As per ITA, in 2022, Egypt planned to invest around USD 38 billion in developing its petrochemicals sector over the next four years.
Also, the government of Egypt is investing in the manufacturing industry to promote local industrialization, and thereby increase the competitiveness of local products. These development plans are raising the energy requirement of manufacturing industries. Thus, Egypt Diesel Generator market size would enhance in the upcoming years attributable to the continuous & increasing energy requirements of the flourishing oil & gas industry, and manufacturing & construction industry.
Market Segmentation and Consumer Behavior:
By KVA Rating
- Up to 75 KVA
- 1 KVA to 375 KVA
- 1 to 750 KVA
- 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
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Key Players and Competitive Strategies in the Egypt Diesel Generator Market
Several prominent players dominate the Egypt Diesel Generator Market, including:
- 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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Questions Addressed in this Study
1.What factors are driving the Egypt Diesel Generator Market growth?
2.How is the Egypt Diesel Generator Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Egypt Diesel Generator Market?
4.What is the current size of the Egypt Diesel Generator Market, and how is it projected to change in the future?
5.What is the future outlook for the Egypt Diesel Generator Market in terms of technological advancements and market expansion?
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