UAE Natural Gas Generator Market Size & Outlook, 2021-2030
UAE natural gas generator market, 2018-2030 (US$M)
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UAE natural gas generator market highlights
- The UAE natural gas generator market generated a revenue of USD 102.3 million in 2021 and is expected to reach USD 191.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 7.2% from 2022 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2021.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
Natural gas generator market data book summary
| Market revenue in 2021 | USD 102.3 million |
| Market revenue in 2030 | USD 191.5 million |
| Growth rate | 7.2% (CAGR from 2021 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, HighPower Gensets |
| Key market players worldwide | Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Mitsubishi Heavy Industries Ltd, Kohler, GE Aerospace, MTU Onsite Energy, Mahindra & Mahindra Ltd DR |
Other key industry trends
- In terms of revenue, UAE accounted for 1.4% of the global natural gas generator market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia natural gas generator market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 191.5 million by 2030.
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Natural Gas Generator Market Scope
Natural Gas Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE natural gas 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 natural gas 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 2021. Horizon Databook has segmented the UAE natural gas generator market based on low power gensets, medium power gensets, highpower gensets covering the revenue growth of each sub-segment from 2018 to 2030.
The UAE genset market has been witnessing considerable year-on-year growth over the past decade. Several big infrastructure development projects such as Dubai land, expansion of Jebel Ali zone and growing number of small and medium businesses have continuously raised the demand for natural gas genset in UAE in last few years.
During this year, the market has been largely dominated by players namely CAT, and MTU. The UAE’s natural gas genset market has been projected to observe considerable growth over the coming years as the country’s spending on commercial development has been projected to amplify further.
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Target buyers of UAE natural gas generator market databook
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Our clientele includes a mix of natural gas generator market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE natural gas generator market , including forecasts for subscribers. This country databook contains high-level insights into UAE natural gas generator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE natural gas generator market size, by power rating, 2018-2030 (US$M)
UAE Natural Gas Generator Market Outlook Share, 2021 & 2030 (US$M)
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