DUBLIN, Mar 21, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Saudi Arabia Diesel Genset Rental Market (2017-2022)" report to their offering.
Saudi Arabia is the key region in GCC diesel genset rental market. Infrastructure expansion, establishment of manufacturing industries, increasing construction activities had led to the growth of diesel genset rental market until 2014. However, due to low oil revenues resulting into decline in construction activities, rental business has been badly affected and has declined by more than 60% since 2014.
According to research, Saudi Arabia diesel genset rental market is projected to grow at a CAGR of 3.7% during 2017-2022. The market is anticipated to witness growth in future majorly due to Saudi Government economic transformation plans to reduce their dependency on crude oil and rising demand for power.
Amongst all applications, power utilities, oil & gas and construction applications dominated the market, where major growth is exhibited in manufacturing application during the forecast period. Construction sector is also anticipated to witness growth post 2018 with the recovery in crude oil prices.
The report thoroughly covers the market by KVA ratings, applications and regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Scope of the Report:
By KVA Rating:
- Below 100 KVA
- 100.1 KVA-350 KVA
- 350.1 KVA-750 KVA
- 750.1 KVA-1000 KVA
- Above 1000 KVA
- Power Utilities
- Oil & Gas
- Quarrying and Mining
- Others (Hospitality, Retail, Hospital, Educational Institutes, Commercial)
- North Eastern
- Aggreko Middle East Ltd.
- Altaaqa Alternative Solutions Co. Ltd.
- Byrne Investments Saudi Arabia Ltd.
- Cummins Olayan Energy, Ltd.
- Energia Al Faris Contracting Company Ltd.
- Energy Equipment Rental Co. Ltd.
- Hertz Dayim Equipment Rental Ltd.
- HUNE Specialized International Co. L.L.C. (HUNESICO)
- Peax Equipment Rental
- Rental Solutions & Services LLC
- SES SMART Energy Solutions FZCO
Key Topics Covered:
1 Executive Summary
3 Saudi Arabia Diesel Genset Rental Market Overview
4 Saudi Arabia Diesel Genset Rental Market Dynamics
5 Saudi Arabia Diesel Genset Rental Market Trends
6 Saudi Arabia Diesel Genset Rental Market Overview, By KVA Ratings
7 Saudi Arabia Diesel Genset Rental Market, Key Performance Indicators
8 Saudi Arabia Diesel Genset Rental Market, By Application
9 Saudi Arabia Diesel Genset Rental Market Regional Overview
10 Saudi Arabia Diesel Genset Import Statistics
11 Competitive Landscape
12 Company Profiles
13 Key Strategic Pointer
For more information about this report visit http://www.researchandmarkets.com/research/s3twmx/saudi_arabia
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/saudi-arabia-diesel-genset-rental-market-to-grow-at-a-cagr-of-37-by-2022---low-oil-revenues-resulting-into-decline-in-construction-activities---research-and-markets-300426849.html
SOURCE Research and Markets