Future Outlook And Projections For UAE Gensets Market With Analyst Recommendations - Ken Research

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Future Outlook And Projections For UAE Gensets
Market With Analyst Recommendations Ken Research
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How is the UAE Genset Market Positioned?
The UAE genset market has been witnessing
considerable year on year growth over the past
decade as the number of small and medium
businesses (SMBs) and other big infrastructure
development such as Dubai land, expansion of
Jebel Ali zone have continuously risen the
demand for gensets.
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• In 2016 total sales of gensets in the UAE market
  was units. The market is largely dominated by
  four players namely CAT, FG Wilson Himoinsa and
  MTU cumulatively accounting for a revenue share
  of in terms of sales volume during 2016. The
  UAEs genset market has been projected to observe
  considerable growth over the coming years as the
  countrys spending on commercial development
  amplifies. UAE genset market has been driven by
  imports over the past five years. Manufacturers
  import the genset from other countries in the UAE
  market and sells directly to the customer as the
  demand arises or they sell it through the dealers
  in the UAE market.
• Which Segments have Been Driving the Change?
• Segmentation by Type of genset
• Closed type is the most genset type in the UAE
  due to its benefits like soundproof and dust
  proof. Closed-type gensets are really very
  beneficial to protect the gensets from dust and
  sand. Moreover, closed type gensets are sound
  proof and therefore they are useful in places
  like schools, hospitals and offices.

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• Although closed types of gensets are expensive
  as compared to open type but still of gensets
  in the UAE is closed type and the only reason for
  the same is benefits of the product.
• By KVA Rating
• Below 100 KVA have gathered the share of in
  the UAE genset market as of 2016, by revenue. As
  of 2016, there are around SMEs in UAE that
  account for around private-sector employment
  Gensets of 100-350 KVA accounted for a share of
  in the revenues of the UAE genset market as of
  2016. Gensets from this category generate large
  demand from medium sized companies in the UAE,
  due to which they have accounted the second
  largest share in the market.
• By End Users
• Government projects and transportation sector is
  the biggest customer of the gensets in the UAE
  market. Gensets with power capacity of more than
  1 MVA is required to supply electricity to
  Projects like metro, Railways, Airports and city
  festivals.

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• Commercial building generates the second highest
  demand for gensets in the UAE market. Commercial
  building generates the demand of gensets of
  capacity ranging between 500 KVA-1,000KVA.
  Construction and industrial sector generates high
  demand for gensets as for construction projects
  and oil and gas extraction plants gensets are
  the only source of power supply and various
  industries needs gensets for the power backup to
  run their machinery. Then there is other end user
  such as healthcare industry, residential sector,
  education sector which demands gensets in the UAE
  market.
• How Has Imports Driven UAE Genset Market?
• Majority of the players are importing complete
  units of gensets while a few others are importing
  the engines and assembling them in their
  warehouses. Machinery accounts for the largest
  share in the total imports of the UAE as the
  country is not considered a manufacturing hub for
  electrical items such as gensets. This is due to
  high cost of investment required for setting up a
  manufacturing unit in the country.

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• Which are the Top Companies in UAE Genset Market?
• The UAE Gensets market is led by three players
  i.e. CAT, FG Wilson and Himoinsa. These three
  players accounted for a combined revenue share of
  in 2016. CATs gensets is significantly popular
  within the UAE due to high distribution network
  and high resale value and therefore it has
  accounted for highest share in the market during
  2016. CAT is highly dominant in above 100 KVA
  segment of the market. FG Wilson has good
  presence in the above 730 KVA segment.
• How Is The UAE Genset Market Expected To React In
  Future?
• The UAE genset market has been projected to grow
  from USD million in 2017 to USD million in 2018
  reflecting a growth of . The market growth will
  be witnessed majorly on the grounds of growing
  number of SMBs in the UAE. Numbers of SMBs in
  the UAE have surged from thousand in 2010 to
  thousand in 2016 and the number is expected to
  grow at a much higher pace during the forecast
  period. One of the major demand for gensets comes
  from construction sector,

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it has been projected that construction sector of
the UAE will rise to USD million from million in
2017 which will further increase the demand for
gensets in the UAE market. The UAE genset market
has been projected to grow from USD million in
2019 to USD million in 2021. Companies Cited
in the Report List of Companies
Companies Covered in the Report CAT FG
Wilson Himoinsa
Major Players MTU Cummins Atlas Copco Kirloskar
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Key Factors Considered in the Report UAE Genset
Market Size by Revenue Value chain analysis UAE
Genset Market Segmentation by type of genset by
power rating by end user by rental and direct
sales Snapshot on rental genset market Trends and
developments in the UAE genset market Government
rules and regulations Import scenario in the UAE
genset market Porter Five Forces Analysis of the
UAE Genset Market Competitive Landscape in the
UAE Genset Market Future Outlook and Projections
of the UAE Genset Market Analyst recommendation
Macro Economic Variables, 2011-2021
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