Yemen Diesel Generator Market Overview: 2023-2028
Base Year: 2022
Historical Years: 2018-21
Forecast Years: 2023-2028
The Yemen Diesel Generator market is projected to grow at a CAGR of around 9.17% during the forecast period, i.e., 2023-28.
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Yemen Diesel Generator Market Dynamics: 2023-2028
Market Dynamics
Key Driver: Growing Support from the International Community for the Construction of Social Infrastructure
In Yemen, social infrastructure, including schools, hospitals, water storage, etc., is in worsening condition due to the ongoing conflict in the country. These buildings are either destroyed or occupied by the military to turn them into military bases. This has resulted in a humanitarian crisis in Yemen. Considering the situation, many neighboring countries like Saudi Arabia & the UAE and international organizations such as UNICEF are actively engaged in constructing & restoring schools & basic healthcare facilities. The restoration of these buildings requires the installation of a diesel generator to provide electricity supply, as grid connectivity is very limited in the country. The power supply is needed in these facilities initially for construction purposes & later to provide electricity supply as a prime source.
Apart from it, Yemen has terrible electricity grid connectivity, due to which the nation is heavily dependent upon diesel generators to be used as a prime source of electricity supply. This is another prominent factor that has fuelled the sales of these generators in the market & is anticipated to prevail in the forthcoming years as well.
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Yemen Diesel Generator Market (2023-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By KVA Rating
-Up to 100KVA
-100.1 KVA to 500 KVA
-500.1KVA to 1000 KVA
-Above 1000 KVA
By Type
-Stand By
-Prime & Continuous Power
-Peak Shaving
Among these, Prime & Continuous Power Diesel Generators are witnessing notable market growth in the market.
By End Users
-Independent Power Plants (IPP)
-Re-construction.
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Top Companies Operating in the Yemen Diesel Generator Market:
Cummins, Caterpillar, Denyo, Noor Generators Technology, Greaves Cotton Ltd, PR Middle East FZE, MHI Engine System Middle East FZE, Ausonia, Constant Power Solutions Ltd., Staunch Machinery.
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