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Trends in the Middle East and Africa power generator rental market,

Trends in the Middle East and Africa power generator rental market,

According to the report by Expert Market Research (EMR), the Middle East and Africa power generator rental market reached a value of USD 2.64 billion in 2023. Supported by the expected growth in construction activity, increased demand for reliable power supply, and rapid industrialization, the market is expected to continue to grow at a compound annual growth rate of 8.10% between 2024 and 2032, reaching a value of USD 5.32 billion by 2032.

In power generator rental, service providers provide generators temporarily to customers who need power for various applications but do not want to invest in permanent generator infrastructure. These generators are critical in regions with unreliable power supplies or in regions where temporary projects are being carried out, such as construction sites, oil fields, and when hosting events.

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According to the Middle East and Africa Power Generator Rental Market Analysis, significant infrastructure developments are taking place in the MEA region, including the construction of roads, airports, hospitals and commercial buildings, especially in countries such as the UAE, Saudi Arabia and Qatar. These projects often require reliable and continuous power supply, which is not always available through local grids, driving the demand for rented power generators.

In Africa in particular, the intermittent power supply due to underdeveloped infrastructure and maintenance issues in existing plants leads to a heavy reliance on power rental solutions. In addition, with increasing urbanization and growing industrial activity, the demand for energy is also increasing, which further strengthens the power generator rental market in the Middle East and Africa.

The region’s thriving tourism and event management sectors, particularly in the Middle East where large international events and exhibitions are often held, require large-scale temporary power solutions. The market directly benefits from these activities by providing the necessary power resources for the duration of the events.

As for the outlook for power generator rental in the Middle East and Africa, service providers are increasingly offering customized power solutions tailored to specific project requirements, as well as flexible rental agreements. This customer-centric approach helps address the unique challenges of different industries and projects, thereby improving customer satisfaction and market penetration.

There is a growing trend towards the use of hybrid generators that combine diesel with batteries or renewable energy sources to reduce emissions and improve efficiency. In addition, the use of natural gas powered generators is increasing due to their cost-effectiveness and lower environmental impact compared to diesel generators, which can boost the growth of the power generator rental market in the Middle East and Africa.

The use of digital technologies to monitor and manage the performance of rental generators is increasing. Smart generators with IoT technologies enable real-time tracking of operations, maintenance needs and fuel consumption, improving service delivery and operational efficiency.

The GCC countries are a major contributor to the Middle East and Africa power generator rental market share due to the large-scale oil and gas exploration activities and ambitious national events that require large-scale temporary power solutions. The regions are also driving infrastructure modernization, which supports the demand for rental generators.

In Sub-Saharan Africa, the market is driven by the urgent need for electricity for mining and to cope with the frequent power outages that affect commercial operations and residential areas. Countries such as South Africa, Nigeria and Kenya are particularly active markets due to their economic size and industrial activities.

The Middle East and Africa power generator rental market is expected to expand, driven by the region’s infrastructure developments, energy demand, and the evolving requirements of the industrial and event industries. As the market matures, the focus is likely to shift more towards sustainability, with the increasing adoption of gas-powered and hybrid generators, as well as innovations in smart technology and service customization.

Market segmentation

The market can be segmented by rated power, fuel type, application, end use and country.

Market breakdown by performance class

Below 75 kVA
75-375kVA
375-750kVA
Over 750 kVA

Market breakdown by fuel type

Diesel
gas
Miscellaneous

Market breakdown by application

Continuous load
Standby load
Peak load

Market breakdown by end use

telecommunications
Banking
Mining
Data center
construction
Manufacturing
tourism
Miscellaneous

Market breakdown by country

Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Miscellaneous

Read the full report with table of contents: https://www.expertmarketresearch.com/reports/middle-east-and-africa-power-generator-rental-market

Competitive environment

The EMR report examines the market shares, facility conversions, capacities, investments, and mergers and acquisitions, among others, of the leading companies in the Middle East and Africa power generator rental market. Some of the key players studied in the Expert Market Research report are:

Byrne Equipment Rental
Saudi Diesel Equipment Co. Ltd.
Saudi Emarati Electric Power Generators Co. (LLC)
Intelligent energy solutions
Rental solutions and services
Aggreko GmbH
Miscellaneous

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Contact person: Jane Watson, Corporate Sales Specialist – USA
Email: [email protected]
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Website: www.expertmarketresearch.com

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This press release was published on openPR.

By Jasper

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