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Construction : What's up | August 2015 | Source : Equipment India

Saudi DG set market to grow

Saudi Arabia´s diesel genset market recorded a healthy growth rate during 2010-14 and is expected to witness upward trend over the next six years. According to 6Wresearch, Saudi Arabia diesel genset market is forecast to grow at a CAGR of 13.55 per cent during 2015-21. The demand for diesel genset is expected to thrive on account of growing public infrastructures, industrial base, retail and hospitality sectors, and supplying power in remote areas. Energy and Utilities is another contributing application in Saudi Arabia´s diesel genset market, where these are required to provide auxiliary or back up power. Saudi Arabia is an oil producing nation and almost 90 per cent of oil extracted is exported in the international market. Unavailability of grid power in remote locations has resulted into an increased demand for diesel gensets.
 
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