Market Size of Middle-East and Africa Portable Generator Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 6.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Portable Generator Market Analysis
The Middle East & African portable generator market is projected to register a CAGR of over 6% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels.
- Over the short term, rising power outages caused by grid failure and natural calamities are expected to drive the market studied.
- On the other hand, fluctuating crude oil and natural gas prices are expected to hamper the growth of the portable generator market in the region during the forecast period.
- The increasing utilization of biogas and biofuel in a portable generator is likely to create lucrative growth opportunities for the Middle East & African portable generator market during the forecast period.
- Nigeria is expected to dominate the market due to its large population. Increasing electricity demand and a higher number of power outages are also expected to propel the need for portable generators in the country during the forecast period.
MEA Portable Generator Industry Segmentation
A portable generator provides electricity by running an engine that turns an onboard alternator to generate electrical power. A portable generator uses a gas or diesel-powered device that provides temporary electrical power.
The Middle East & African portable generator market is segmented by fuel type, end user, and geography. By fuel type, the market is segmented into gas, diesel, and other fuel types. By end user, the market is segmented into residential, commercial, and industrial. For each segment, the market sizing and forecasts have been done based on revenue (USD million).
Fuel Type | |
Gas | |
Diesel | |
Other Fuel Types |
Application | |
Residential | |
Commercial | |
Industrial |
Geography | |
Saudi Arabia | |
United Arab Emirates | |
South Africa | |
Nigeria | |
Rest of Middle East & Africa |
Middle-East and Africa Portable Generator Market Size Summary
The Middle East & Africa portable generator market is experiencing a resurgence, having recovered to pre-pandemic levels after the initial setbacks caused by COVID-19. The market is driven by increasing power outages due to grid failures and natural disasters, which have heightened the demand for reliable power sources. However, the market's growth is challenged by the volatility in crude oil and natural gas prices. Despite these challenges, the adoption of biogas and biofuel in portable generators presents promising growth opportunities. Nigeria stands out as a key player in the region, with its large population and frequent power outages fueling the demand for portable generators. Diesel generators, known for their reliability and cost-effectiveness, are particularly popular due to their high energy density and safety advantages over other fuel types.
The demand for portable diesel generators is expected to rise, especially in Nigeria, where the power sector struggles with outdated infrastructure and frequent grid failures. The country's reliance on diesel and petrol-powered generators is significant, with a substantial portion of the population lacking access to reliable grid-connected electricity. The economic impact of global energy price increases, exacerbated by geopolitical tensions, has further intensified the need for portable generators. The market is moderately fragmented, with major players like Atlas Copco AB, Honda, and Generac Holdings Inc. actively participating. Recent agreements, such as those involving Enrogen and KiCE Construction, highlight ongoing investments in generator supply for large-scale projects in the region, underscoring the growing importance of portable generators in maintaining power supply continuity.
Middle-East and Africa Portable Generator Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD million, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Fuel Type
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2.1.1 Gas
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2.1.2 Diesel
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2.1.3 Other Fuel Types
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2.2 Application
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2.2.1 Residential
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2.2.2 Commercial
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2.2.3 Industrial
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2.3 Geography
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2.3.1 Saudi Arabia
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2.3.2 United Arab Emirates
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2.3.3 South Africa
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2.3.4 Nigeria
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2.3.5 Rest of Middle East & Africa
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Middle-East and Africa Portable Generator Market Size FAQs
What is the current Middle-East and Africa Portable Generator Market size?
The Middle-East and Africa Portable Generator Market is projected to register a CAGR of 6% during the forecast period (2024-2029)
Who are the key players in Middle-East and Africa Portable Generator Market?
Atlas Copco AB, Yamaha Motor Co. Ltd, Generac Holdings Inc., Kohler Power Systems and Doosan Portable Power are the major companies operating in the Middle-East and Africa Portable Generator Market.