Power rental is a business in which power rental companies provide a set of temporary power plants in remote areas, which have limited access to transmission and distribution lines, These are widely in demand amongst the manufacturing industries, oil & gas and construction industry.
According to MarkNtel Advisors' research report titled a??Saudi Arabia Power Rental Market Analysis, 2020a??, the Power Rental market is projected to register a CAGR of around 12% during 2020-25. The construction sector acquired a considerable market share in the Saudi Arabia Rental market in 2019. The establishment of new buildings in the commercial and residential sector is strongly contributing to the requirement for diesel generators for power backup.
Moreover, the increasing number of tourist arrivals is positively impacting the growth of hospitality sector. The establishment of new hotels in the country is projected to boost the demand for rental power. For instance, in 2019, Hilton and Shomoul Holding Co., signed a contract to build four new hotels in The Avenues- Riyadh. The USD 3.4 billion project is expected to include hotels, exhibition space, conference halls, residential apartments, offices, and medical facilities and is projected to be completed by 2023. Hence, the increasing construction activities are anticipated to surge the requirement for rental power thereby strongly contributing to the growth of Saudi Arabia Power Rental market in the years to come.
The diesel generator segment captured the highest market share in the Saudi Arabia Power Rental market in 2019 on an account of the growing requirement to supply power in off-grid and remote areas. The ease of access to the fuel and portability are some of the major factors impacting the demand for diesel generators.
According to MarkNtel Advisors, the key players capturing a substantial market share in the Saudi Arabia Power Rental market include Al-Futtaim Auto Machinery Co., Aggreko, Byrne Equipment Rental, Cummins, Energy Equipment Rental Co., Hertz Dayim Equipment Rental, Peax Equipment Rental, etc.
Key Questions Answered in the Market Research Report
What are the key overall market statistics or market estimates (Market Size- By Revenue, Forecast Numbers, Market Segmentation, Market Overview, Market Shares) of Saudi Arabia Power Rental Market?
What are the region wise industry size, growth drivers and challenges key market trends?
What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and challenges in the Saudi Arabia Power Rental Market?
Who are the key competitors or market players and how they perform in Saudi Arabia Power Rental Market on the basis competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the course of Saudi Arabia Power Rental Market study?
Market Outlook, Segmentation and Statistics
Market Size & Analysis
Market Share & Analysis
Up to 100 KVA
100.1 KVA-350 KVA
Above 1000 KVA
Oil & Gas
Competitor Wise Revenue Share
Strategic Factorial Indexing
Competitor Placement on MarkNtel Quadrant
Saudi Arabia Power Rental Policy & Regulations
Saudi Arabia Power Rental Market Pricing Analysis
Frequently Asked Questions
Q. What would be the growth rate or CAGR Saudi Arabia Power Rental Market during 2020-25?
A. The market size of Saudi Arabia Power Rental Market during 2020-25 is forecast to be around 12%.
Q. Which sector would grab the highest market share during 2020-25?
A. It is forecast that hospitality and commercial sector of Saudi Arabia is dominating the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Saudi Arabia Power Rental Market?
A. Al-Futtaim Auto Machinery Co., Aggreko, Byrne Equipment Rental, Cummins, Energy Equipment Rental Co., Hertz Dayim Equipment Rental, Peax Equipment Rental and few others are the leading players in the Saudi Arabia Power Rental Market.
Q. Does the report scope cover region wise market statistics also?
A. Yes, the scope of the report encompass detailed region statistics such as market size, market segmentation, market overview based on various subcategories.
Q. Which type segment would emerge as an opportunity area for players in Saudi Arabia Power Rental Market?
A. The diesel generator captured the highest market share in the Saudi Arabia power rental market in 2019 on account of the growing requirement to supply power in off-grid and remote areas. The ease of access to the fuel and portability is one of the major factors impacting the demand for diesel generators.
1.1. Research Process
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Saudi Arabia Macroeconomic Outlook
4. Saudi Arabia Diesel Generator Industry, Customer Survey
4.1. Customer Priorities
4.2. Expectations from Vendors
4.3. Brand Awareness
4.4. Price Neutrality
4.5. Current Brand Satisfaction Level
4.6. Plan to Opt for Power Rental Equipment in Future
5. Saudi Arabia Power Rental Market Outlook, 2015-2025F
5.1. Market Size & Analysis
5.1.1. Market Revenues
5.2. Market Share & Analysis
5.2.1. By Type
188.8.131.52. Diesel Generator
184.108.40.206. Gas generator
5.2.2. By Capacity
220.127.116.11. Up to 100 KVA
18.104.22.168. 100.1 KVA-350 KVA
22.214.171.124. 350.1-750 KVA
126.96.36.199. Above 1000 KVA
5.2.3. By Application
188.8.131.52. Power Utilities
184.108.40.206. Oil & Gas
5.2.4. By Region
5.2.5. By Company
220.127.116.11. Competitor Wise Revenue Share
18.104.22.168. Strategic Factorial Indexing
22.214.171.124. Competitor Placement on MarkNtel Quadrant
6. Saudi Arabia Diesel Upto 100 KVA Generator Rental Market Outlook, 2015-2025F
6.1. Market Size & Analysis
6.1.1. Market Revenues
6.2. Market Share & Analysis
6.2.1. By Type
6.2.2. By Application
6.2.3. By Region
7. Saudi Arabia Diesel 350.1 KVA to 750 KVA Generator Rental Market Outlook, 2015-2025F
7.1. Market Size & Analysis
7.1.1. Market Revenues
7.2. Market Share & Analysis
7.2.1. By Type
7.2.2. By Application
7.2.3. By Region
8. Saudi Arabia Diesel Above 1,000 KVA Generator Rental Market Outlook, 2015-2025F
8.1. Market Size & Analysis
8.1.1. Market Revenues
8.2. Market Share & Analysis
8.2.1. By Type
8.2.2. By Application
8.2.3. By Region
9. Saudi Arabia Power Rental Market Trends & Developments
10. Saudi Arabia Power Rental Policy & Regulations
11. Saudi Arabia Power Rental Market Dynamics
12. Saudi Arabia Power Rental Market Pricing Analysis
13. Competitive Benchmarking
13.1.1. Competitor Capabilities
13.1.2. Target Markets
13.1.3. Target End Users
13.1.4. Strategic Alliances or Partnerships
13.1.5. Strategic Initiatives
13.2.Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/Partnerships, Future Plans)
13.2.1. Al-Futtaim Auto Machinery Co.
13.2.3. Byrne Equipment Rental
13.2.5. Energy Equipment Rental Co.
13.2.6. Hertz Dayim Equipment Rental
13.2.7. Peax Equipment Rental
13.2.8. Rental Solutions & Services
13.2.9. Nour Energy Co. Ltd.
13.2.10. Smart Energy Solutions