MarkNtel Advisors has just published a new research report titled "Bahrain Diesel Generator Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". This study provides an extensive analysis of market drivers, segmentation, growth opportunities, trends, and competitive landscape, aiming to provide insights into current and future market scenarios.
What insights and analysis does the report provide on the Bahrain Diesel Generator market from 2023 to 2028?
The Bahrain Diesel Generator market is projected to grow at a CAGR of around 9.06% during the forecast period, i.e., 2023-28.
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Bahrain Diesel Generator Market by Segments
By KVA Rating
- Up to 75KVA
- 1 KVA to 375 KVA
- 1 to 750 KVA
- 1 KVA to 1000 KVA
- Above 1000 KVA
By Type
- Stand By
- Prime & Continuous Power
- Peak Shaving
By End Users
- Residential
- Commercial (Hospitality, Retail, Educational Institutions, etc.)
- Healthcare
- Government & Transport (Airports, Metro Stations, Govt. Buildings, Religious Centres, etc.)
- Oil & Gas
- Industrial (Manufacturing Facilities, Assembly Units, etc.)
- Equipment Rental Companies
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What are the current trends in the Bahrain Diesel Generator Market?
Bahrain has witnessed a surge in electricity demand in recent years due to higher economic activity, which has resulted in a significant change in terms of streaming transmission as well as growing energy production. According to the International Energy Association (IEA), the total energy supply by source from oil in Bahrain surged from 88,879 Tera Joule (TJ) to 101,287 TJ between 2018-2020.
With the rising consumption of natural gas & oil to produce electricity, the use of diesel generators for energy transmission in the country has improved significantly. The country is also witnessing an expansion in industries such as transportation, hospitality, real estate, etc., owing to the government’s efforts to strengthen the economy. Hence, to manage this growing demand & to provide a power supply for backup in the sectors such as industrial, transportation, etc., the need for diesel generators would positively rise in the coming years.
Moreover, the energy demand is further projected to grow with the soaring population, economic development, and expansion of industries in the country. Therefore, to cater to the growing demand for energy in the country & rising transmission projects to support the energy production capacity, the need for standby diesel generators is expected to elevate between 2023-28.
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Who are the key players in the Bahrain Diesel Generator Market?
- Cummins
- Caterpillar
- Rolls-Royce Solutions Middle East FZE
- Kohler SDMO
- Himoinsa Middle East, FZE
- Aksa Power generation FZE
- Kirloskar DMCC
- PR Middle East FZE
- Others
Questions Addressed in this Study
- What factors are driving the Bahrain Diesel Generator Market growth?
- How is the Bahrain Diesel Generator Market expected to grow over the next five years?
- What are the key insights into the current trends in the Bahrain Diesel Generator Market?
- What is the current size of the Bahrain Diesel Generator Market, and how is it projected to change in the future?
- What is the future outlook for the Bahrain Diesel Generator Market in terms of technological advancements and market expansion?
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