Qatar Diesel Generator Set Market Research Report: By Power Rating (5 kVA–75 KVA, 75 kVA–375 KVA, 375 kVA–750 KVA, Above 750 KVA), by Requirement (Prime Power, Backup Power), by Application (Residential, Commercial, Industrial) – Industry Insight and Growth Potential till 2030

Qatar Diesel Generator Set Market Overview

In recent years, the Qatar diesel generator set market has witnessed a rise in demand from the mining and metalworking sector. Since the mines in the country are in remote locations where there is no access to the grid, DG sets play a vital role in supplying power for continuous operations. Additionally, the construction sector in the country is projected to witness strong growth, owing to which the market has a bright future.

The Qatar diesel genset market is categorized into 5 kVA–75 KVA, 75 kVA–375 KVA, 375 kVA–750 KVA, and above 750 KVA, on the basis of power rating. Of these, the 5 kVA–75 KVA category is expected to account for the largest share throughout the forecast period (2020–2030). Diesel gensets with a power rating of 5 kVA–75 KVA are suitable for telecom towers and commercial complexes, where emergency backup power is of vital importance for continuous operations. Additionally, these gensets witness a high demand from the offices, hospitals, and education institutes in the country. Moreover, a significant demand is projected to arise for DG sets with above-750 KVA power rating, especially from the mining sector of the country.

The Qatar diesel genset market has also been categorized into residential, commercial, and industrial, based on application. Among these, the industrial category is expected to hold a significant share during the forecast period, attributed to the high demand for DG sets in mining and metalworking, oil and gas, and steel industries of the country.

Qatar Diesel Generator Set Market Dynamics

Drivers

The Qatar diesel generator set market is majorly driven by the rapid growth of the construction sector, due to the increasing government spending on infrastructure development. In order to provide a continuous supply of electricity at construction sites, the deployment of diesel gensets in the country is witnessing a surge. Additionally, in the 2019 budget, the government allocated $6.3 billion for healthcare infrastructure, $5.3 billion for educational facilities, and $4.4 billion for transport infrastructure development.

Restraints

Lately, the Qatar government has been implementing a strong focus on the generation of electricity through renewable resources, including solar energy. For instance, the government has set a target to have a solar power capacity of 10 Gigawatts (GW) by 2030. Additionally, the Al Kharsaah solar project has a targeted capacity of 800 Megawatts (MW), which is nearly 10% of the country’s peak electricity demand. Therefore, with the increasing focus on renewable energy in the country, the market is likely to witness a negative impact during the forecast period.

Qatar Diesel Generator Set Market Competitive Landscape

Some of the major companies operating in the diesel generator set market of the country are Cummins Qatar LLC, KUBOTA Corporation, YANMAR HOLDINGS CO. LTD., Laurus Technologies LLC, Qatar Site Power, and Atlas Copco AB.

The study provides the historical as well as forecast sizes for the diesel generator set market in Qatar.

Qatar Diesel Generator Set Market Segmentation

Segmentation by Power Rating

• 5 kVA–75 KVA
• 75 kVA–375 KVA
• 375 kVA–750 KVA
• Above 750 KVA

Segmentation by Power Requirement

• Prime Power
• Backup Power

Segmentation by Application

• Residential
• Commercial
• Industrial