Middle East & Africa Diesel Generator Market Size & Outlook
Middle East & Africa diesel generator market, 2019-2030 (US$M)
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MEA diesel generator market highlights
- The MEA diesel generator market generated a revenue of USD 3,092.4 million in 2022.
- The market is expected to grow at a CAGR of 6.2% from 2023 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2022.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 3,092.4 million |
| Market revenue in 2030 | USD 5,019.8 million |
| Growth rate | 6.2% (CAGR from 2022 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, High Power Gensets |
| Key market players worldwide | Atlas Copco AB Class A, Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Honda Motor Co Ltd, Kohler, Rolls-Royce Holdings PLC, Wartsila Corp |
Other key industry trends
- In terms of revenue, MEA region accounted for 20.4% of the global diesel generator market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,309.9 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa diesel generator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diesel generator market will help companies and investors design strategic landscapes.
Low power gensets was the largest segment with a revenue share of 42.62% in 2022. Horizon Databook has segmented the Middle East & Africa diesel generator market based on low power gensets, medium power gensets, high power gensets covering the revenue growth of each sub-segment from 2019 to 2030.
The energy consumption in the region is growing at a significant rate. Growing construction and Infrastructure developmental activities are driving demand for back power in the region thus propelling the demand for diesel generator.
The power producers’ inability to meet the power demand especially during extremely hot weather conditions, is considered as opportunities for the Middle East and Africa diesel generator market.
Also rising imports of low-cost Chinese generators and upcoming power generation projects through Middle East and Africa can is also driving the demand for large and medium scale diesel generator in Middle East & Africa.
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Our clientele includes a mix of diesel generator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa diesel generator market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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MEA diesel generator market size, by country, 2019-2030 (US$M)
Middle East & Africa Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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