Other Prominent Vendors in the market are: Jubaili, Hertz Equipment, Sakr Power, ENERCO, Peax Equipment, and RSS Saudi.
Commenting on the report, an analyst said: “In many industries, rental power is used for peak load demand, base load supply, or as standby, depending on the type of industry using it. Hybrid generators can use two fuel types, diesel and gas, or are powered by batteries recharged from renewables, and are gaining prominence among industries.”
According to the report, urbanization and a growing population have created a strain on power utilities to meet the rising power demand. According to BP’s Energy Outlook for the Middle East, by 2035 production of energy in the region will likely increase by 32%, and consumption by 69%. The increase in residential and commercial infrastructure in the Middle East is causing peak hour supply constraints that are being met by the use of diesel or gas generators.
Further, the report states that most vendors offer similar products and services with little differentiation. The enforcement of stringent policies by the government to curb emission levels from power generators and similar products poses a challenge to vendors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Source: ASDReports - Market Research
Date: Sep 21, 2015