Middle East & Africa Large Generator Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Fuel Type (Diesel, Natural Gas, Hydrogen, and Dual) and Industry [Oil & Gas, IT & Telecom, Power & Utilities, and Others)
The Middle East & Africa large generator market is expected to grow from US$ 439.80 million in 2022 to US$ 717.06 million by 2028. It is estimated to grow at a CAGR of 8.5% from 2022 to 2028.
Increasing Requirement for Hybrid, Bi-Fuel, or Dual Fuel Generators in Middle East & Africa Large Generator Market
Nowadays, even the basic generators consist of a control panel that helps the operator to check the health status of the generator when it is running. Further to advance the control panel, intelligent features are incorporated in it to provide information regarding the output, the remaining fuel, and other features. Some smart generators also help check performance and status using an app on a mobile phone. Also, various big, standalone generators used at hospitals, hotels, industries, and other enterprises come with a remote monitoring solution. These generators provide a complete analysis of how much fuel the generator consumes under quarter, half, or full load. This fuel consumption rate will help customers calculate how much fuel they need for a specific time. Furthermore, some generators provide alerts on the phone when there is a need for any checking. This helps operators keep their generators’ health in check even when they are not around. Also, incorporating technologies such as IoT is rising in large generators to make them smarter. Thus, the development of such intelligent solutions for the large generator will further boost its demand in the market. Thus, with the rising adoption of new technologies to make generators’ operation and maintenance more efficient, the production of smart generators will increase, augmenting the growth of the large generator market during the forecast period.
Middle East & Africa Large Generator Market Overview
Saudi Arabia, the UAE, and South Africa are the major countries dominating the demand for large generators in the region. Middle East countries are significantly contributing to the growth with growing oil & gas industry that emerges the need for uninterrupted power requiring large generators which is helping the market to grow. The Middle East represents 65% of world oil reserves. Saudi Arabia is the region's largest producer and exporter, accounting for ~42% of production, followed by Iran and the UAE. In the MEA, the oil & gas industry witnessed a significant demand for large generators, as in the oil and gas industry, time is crucial. Every minute spent on downtime, whether because of machine failure or power outage, costs money. Hence, large generators are an integral part of the oil and gas industry as they are used to provide power for all activities in the oil and gas fields, including drilling, pumping, and loading. Furthermore, in most cases, oil and gas exploration occurs in remote locations with tough conditions. Without generators, working in these areas would be quite impossible because they are mostly far away from power grids. Modern drilling machines also require powerful, efficient, and reliable generators on site whenever they are operating. Thus, increased demand from the oil and gas industry is propelling the large generator market growth in the Middle East & Africa.
Middle East & Africa Large Generator market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Large Generator Market Segmentation
The Middle East & Africa large generator market is segmented on the basis of fuel type, industry, and country. On the basis of fuel type, the Middle East & Africa large generator market is segmented into diesel, natural gas, hydrogen, and dual. The diesel segment registered a larger market share in 2022.
Based on industry, the Middle East & Africa large generator market is further segmented into oil & gas, IT & telecom, power & utility, and others. The IT & telecom segment registered a larger market share in 2022.
Based on country, the Middle East & Africa large generator market is segmented into South Africa, Saudi Arabia, UAE, and the Rest of Middle East & Africa. South Africa dominated the market share in 2022.
ABB Ltd, Atlas Copco AB, Caterpillar Inc, Cummins Inc, INNIO Jenbacher GmbH & Co OG, Kohler Co, Mitsubishi Heavy Industries Ltd, Siemens AG, and Yanmar Holdings Co Ltd are the leading companies operating in the Middle East & Africa large generator market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Middle East & Africa Large Generator Market Landscape
4.1 Market Overview
4.2 Middle East & Africa PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Middle East & Africa Large Generator Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Uninterrupted Power Supply
5.1.2 Increasing Adoption for Distributed Power Generation
5.2 Market Restraints
5.2.1 Growing Adoption of Renewable Energy Sources and Energy Storage Technologies
5.3 Market Opportunities
5.3.1 Increasing Requirement for Hybrid, Bi-Fuel, or Dual Fuel Generators
5.4 Future Trends
5.4.1 Development of Smart Solutions for Generators
5.5 Impact Analysis of Drivers and Restraints
6. Large Generator Market – Middle East & Africa Market Analysis
6.1 Middle East & Africa Large Generator Market Forecast and Analysis
7. Middle East & Africa Large Generator Market – by Fuel Type
7.1 Overview
7.2 Middle East & Africa Large Generator Market, by Fuel Type (2021 and 2028)
7.3 Diesel
7.3.1 Overview
7.3.2 Diesel: Large generator Market Revenue and Forecast To 2028 (US$ Million)
7.4 Natural Gas
7.4.1 Overview
7.4.2 Natural Gas: Large generator Market Revenue and Forecast To 2028 (US$ Million)
7.5 Hydrogen
7.5.1 Overview
7.5.2 Hydrogen: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Dual
7.6.1 Dual: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8. Middle East & Africa Large Generator Market - by Industry
8.1 Overview
8.2 Middle East & Africa Large Generator Market, by Industry (2021 and 2028)
8.3 Oil & Gas
8.3.1 Overview
8.3.2 Oil & Gas: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.4 IT & Telecom
8.4.1 Overview
8.4.2 IT & Telecom: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Power & Utilities
8.5.1 Overview
8.5.2 Power & Utilities: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
8.5.2.1 Middle East & Africa Large Generator Market, by Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
8.6 Others
8.6.1 Others: Large generator Market – Revenue and Forecast to 2028 (US$ Million)
9. Middle East & Africa Large Generator Market – Country Analysis
9.1 Overview
9.1.1 Middle East & Africa: Large Generator Market, by Key Country
9.1.1.1 South Africa: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa: Large Generator Market, By Fuel Type
9.1.1.1.2 South Africa: Large Generator Market, By Industry
9.1.1.1.2.1 South Africa: Large Generator Market, By Power & Utilities
9.1.1.2 Saudi Arabia: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia: Large Generator Market, By Fuel Type
9.1.1.2.2 Saudi Arabia: Large Generator Market, By Industry
9.1.1.2.2.1 Saudi Arabia: Large Generator Market, By Power & Utilities
9.1.1.3 UAE: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Large Generator Market, By Fuel Type
9.1.1.3.2 UAE: Large Generator Market, By Industry
9.1.1.3.2.1 UAE: Large Generator Market, By Power & Utilities
9.1.1.4 Rest of Middle East & Africa: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of Middle East & Africa: Large Generator Market, By Fuel Type
9.1.1.4.2 Rest of Middle East & Africa: Large Generator Market, By Industry
9.1.1.4.2.1 Rest of MEA: Large Generator Market, By Power & Utilities
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
11. Company Profiles
11.1 Siemens AG
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 ABB Ltd
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Atlas Copco AB
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Caterpillar Inc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Cummins Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Yanmar Holdings Co Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Kohler Co
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Mitsubishi Heavy Industries Ltd
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 INNIO Jenbacher GmbH & Co OG
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary
LIST OF TABLES
Table 1. Middle East & Africa Large Generator Market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. Middle East & Africa Large Generator Market, by Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 3. Middle East & Africa: Large Generator Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. South Africa: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 6. South Africa: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 7. Saudi Arabia: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Saudi Arabia: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 9. Saudi Arabia: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 10. UAE: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. UAE: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 12. UAE: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Middle East & Africa: Large Generator Market, By Fuel Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Middle East & Africa: Large Generator Market, By Industry – Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of MEA: Large Generator Market, By Power & Utilities – Revenue and Forecast to 2028 (US$ Million)
Table 16. Glossary of Terms, Middle East & Africa Large generator Market
LIST OF FIGURES
Figure 1. Middle East & Africa Large Generator Market Segmentation
Figure 2. Middle East & Africa Large Generator Market Segmentation – by Country
Figure 3. Middle East & Africa Large Generator Market Overview
Figure 4. Middle East & Africa Large Generator Market, by Fuel type
Figure 5. Middle East & Africa Large Generator Market, by Country
Figure 6. Middle East & Africa: PEST Analysis
Figure 7. Large Generator Market Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. Middle East & Africa Large Generator Market: Impact Analysis of Drivers and Restraints
Figure 10. Middle East & Africa Large Generator Market, Forecast and Analysis (US$ Mn)
Figure 11. Middle East & Africa Large Generator Market, by Fuel Type (2021 and 2028)
Figure 12. Diesel: Middle East & Africa Large generator Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Natural Gas: Middle East & Africa Large generator Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. Hydrogen: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Dual: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Middle East & Africa Large Generator Market, by Industry (2021 and 2028)
Figure 17. Oil & Gas: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. IT & Telecom: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Power & Utilities: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Others: Middle East & Africa Large generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Middle East & Africa: Large Generator Market, by Key Country – Revenue (2021) (US$ Million)
Figure 22. Middle East & Africa: Large Generator Market Revenue Share, by Key Country (2021 & 2028)
Figure 23. South Africa: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Saudi Arabia: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. UAE: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Middle East & Africa: Large Generator Market – Revenue and Forecast to 2028 (US$ Million)
- ABB Ltd
- Atlas Copco AB
- Caterpillar Inc
- Cummins Inc
- INNIO Jenbacher GmbH & Co OG
- Kohler Co
- Mitsubishi Heavy Industries Ltd
- Siemens AG
- Yanmar Holdings Co Ltd