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Are you looking to expand your business, launch a new product, or gain a competitive edge in your industry? A market research report can provide valuable insights and information to help you achieve your goals.
Market Dynamic –
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’s Diesel Generator market would observe positive growth in the upcoming years attributable to the continuous and increasing energy requirements of the flourishing oil & gas industry, and manufacturing & construction industry.
Possible Restraint: Availability of Natural Gas Generators to Hinder the Market Growth
The significant contribution of diesel generators to the concentrations of sulfur dioxide (So2), nitrous oxides (NOx), carbon dioxide (Co2), and other pollutants that affect human health as well as the environment is affecting the demand for these generators negatively. In addition, the growing concerns about such emissions are leading to the launch of eco-friendly generators such as natural generators & bi-fuel generators in the Egyptian market. For instance,
In 2022, the government of Egypt has set targets for renewables to make up 42% of the country’s electricity mix by 2035, based on rapid solar & wind energy deployment. LNG solutions help to reduce CO2 emissions by 20%, NOx emissions by 90%, particle emissions by 97%, and SOx emissions by 100%.
Thus, the rising focus of the government on clean energy and the significant role played by natural gas generators in reducing emissions is estimated to hamper the sale of diesel generators in the country in the upcoming years.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2018-21 |
| Base Year: 2022 | |
| Forecast Period: 2023-28 | |
| CAGR (2023-2028) | 9.59% |
| Key Companies Profiled | 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 |
| Unit Denominations | USD Million/Billion |
Key Trend: Growing Adoption of Hybrid Diesel Generators Among the End Users
The government in Egypt is constantly pushing toward the usage of sustainable & cleaner fuels like solar, wind, etc., to decarbonize its economy. To achieve this goal Egyptian government is being very vigilant of the carbon & PM 2.5 emissions in the country, and reducing the carbon footprints. As a result, customers in the residential & commercial sectors, etc., are switching towards hybrid diesel generators in recent years. These hybrid diesel generators are a combination of two sources of energy as they can run on conventional fuel like diesel & can also be supported by renewable energy such as solar or wind.
Additionally, they are equipped with noise cancellation & carbon emission sensors that make these generators environment-friendly & sustainable. These technological advantages have led to the growing adoption of hybrid diesel generators in place of conventional diesel generators in the country.
Furthermore, end-users are expected to switch from conventional diesel generators to hybrid ones, thereby creating a positive market outlook for the growth of the Diesel Generator market in Egypt in the forthcoming years.
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Table of Content –
Market Insights and Classification
A recent report by Markntel Advisors covers a detailed analysis of the Egypt Diesel Generator Market for the forecast period, 2023-28. Included in our research report on the Egypt Diesel Generator market is our thorough study of the possible growth opportunities, as well as the market size and rate of growth. Our investigation also involves classifying the market based on various demographics such as income, age, gender, and others that may have a significant impact on your company. For instance, the market is extensively segmented based on: –
By KVA Rating
-Up to 75 KVA
-75.1 KVA to 375 KVA
-375.1 to 750 KVA
-750.1 KVA to 1000 KVA
-Above 1000 KVA
By Type
-Stand By
-Prime & Continuous Power
-Peak Shaving
SWOT Analysis of the Business
Product development and pricing decisions can be made with confidence thanks to our market research report. By studying buying patterns, customer preferences, and willingness to pay, we pinpoint the most profitable products and pricing strategies. Ultimately, investing in our market research report is a smart financial decision that saves you both time and money.
In addition, our report delivers a detailed analysis of the market competitors, including prominent players, such as: –
-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
We investigate their market share, strengths, weaknesses, and strategies to assist you in identifying areas where you can gain a competitive edge. Besides our report also includes a SWOT analysis of the business, which can help you pinpoint the industry’s drivers, possible restraints, potential opportunities, and threats.
For Customization and More!
Our Egypt Diesel Generator market research report is tailored to your specific needs and goals, and we work closely with you to ensure that our analysis is relevant and actionable. At Markntel Advisors, we are committed to providing accurate and actionable acuities to help you make knowledgeable decisions for your business. Contact our analyst to learn more about our market research report and how it can benefit your business. We look forward to working with you to achieve your goals.
To Get the Benefit of Our Report Customization Service, Send Your Enquiry Here – https://www.marknteladvisors.com/query/request-customization/egypt-diesel-generator-market.html
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