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Qatar Diesel Auxiliary Power (Generator Sets) Market Study (December 2015)

  • December 2015
  • 11 pages
  • GrowthPraxis
Report ID: 3643591

Summary

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The objective of this report is to provide data and insights around the Diesel Generator sets across Qatar region. The report provides current market size for Diesel gensets (Volume and value), their segmentation by power output, competition and forecasts the demand for Gensets until 2020.

Key Highlights

Qatar is expected to emerge as key growing Genset market in the Middle-Eastern region. Increasing infrastructure development activities due to upcoming FIFA World Cup 2022, rising transportation network, surging investments, rising hospitality sector and changing economic reforms are anticipated to drive the growth of Genset business in Qatar. The Genset market is estimated to have generated nearly $ 28 million in 2015, and is geared up to witness a steady compound annual growth rate (CAGR) of 15 per cent between 2015 – 2020.

With more than $200 billion to be invested across various applications for the upcoming world cup, tremendous growth would be witnessed especially for Diesel Gensets in the country. Construction & industrial application is expected to emerge as fastest growing application in Qatar market. The key developments in Qatar’s construction industry include- building of 8 new stadiums and renovation of 3 existing stadiums, Doha Metro Rail, establishment of Lusail city, expressways and addition of new hotels. This will increase the demand for gensets in Qatar.

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