The Middle Eastern temporary power market is projected to reach USD 1,102 million by 2023 at a CAGR of 12.12% from an estimated USD 622 million in 2018, whereas the Middle Eastern temporary cooling market is projected to reach a size of USD 305 million by 2023 at a CAGR of 5.78% from an estimated USD 230 million in 2018. This growth can be attributed to the lesser turnaround time, expansion of IT and data center projects, rise in GDP contribution from the non-oil sectors, and growing construction and infrastructure investments.
An increasing number of events, expansion of IT and data centre projects, rise in GDP contribution from the non-oil sectors, and growing construction and infrastructure investments are likely to drive the Middle Eastern temporary power and cooling market.
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Scope of the report
|Market size available for years||2016–2023|
|Base year considered||2017|
|Forecast units||Value (USD)|
|Segments covered||Power Rating, Equipment, Application, and Region|
|Geographies covered||Middle East|
|Companies covered||Aggreko (UK), RSS (UAE), Altaaqa (UAE), Cummins (Saudi Arabia), and Byrne (UAE), Johnson Controls (Ireland), Geo Rental (UAE), and Argonaut (UAE).|
This study estimates the Middle Eastern temporary power and cooling market, in terms of USD, until 2023. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the Middle Eastern temporary power and cooling market.
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Saudi Arabia: The leading market in the Middle East for temporary power and cooling
In this report, the Middle Eastern temporary power and cooling market has been analyzed with respect to 6 countries—Saudi Arabia, UAE, Oman, Bahrain, Kuwait, and Qatar. Saudi Arabia led the Middle Eastern temporary power and cooling market in 2018. An increasing number of events and infrastructure activities across the region are expected to drive the temporary power and cooling market. Moreover, according to Timetric’s Construction Intelligence Center (CIC), the construction industry in Saudi Arabia is estimated to rise from USD 105.6 billion in 2015 to USD 148.5 billion by 2020 owing to the increased government contributions and investments in sectors such as healthcare, education, and construction. Such factors would drive the temporary power and cooling market in Saudi Arabia during the forecast period.
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