Market Trends and Forecast Analysis of the Jordan Diesel Generator Market Forecast 2023-28

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Market Trends and Forecast Analysis of the Jordan Diesel Generator Market Forecast 2023-28

Jordan Diesel Generator Market - Industry Trends and Forecast to 2028

MarkNtel Advisors, a prominent market research firm, has recently published a report titled Jordan Diesel Generator Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Jordan Diesel Generator market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

Jordan Diesel Generator Reports Highlights

What is the size of the Jordan Diesel Generator Market?

The Jordan Diesel Generator Market is projected to grow at a CAGR of around 14.60% during the forecast period, i.e., 2023-28. As Jordan's industrial power generation sectors have developed over the past few years, the market has experienced numerous growth factors. The country has a significant presence in manufacturing industries such as petroleum refining, chemicals, petrochemicals, fertilizers, and mineral products, which are highly dependent on diesel generators to ensure continuous power supply for producing finished products.

What do the growth prospects and trends look like in the Jordan Diesel Generator Industry?

The Government of Jordan has established several projects to boost the country's economic growth. This has significantly exacerbated the need for diesel Public-Private Partnership (PPP) generators on construction sites to power construction machinery. Further, as the projects include the development of school transit stations, gas pipelines, etc., the need for continuous power in these spaces is significant. As a result, the requirement for diesel generators in these spaces is anticipated to boom with the completion of the projects to sustain their power demand, hence, fueling the sales of standby diesel generators in the country in the upcoming years as well.

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What Components are encompassed within Jordan Diesel Generator Market segmentation?

The report has divided the market into the following segments:

By KVA Rating

-Upto 75KVA

-75.1 KVA to 375 KVA

-375.1 to 750 KVA

-750.1 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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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-Caterpillar

-Cummins Middle East FZE

-Himoinsa Middle East FZE

-Aksa Power Generation

-Newpower Generator

-PowerCo Systems International Ltd

-AlKan International Motors

-J C Bamford Excavators Ltd

-BAHMANI Manufacturing and Industrial Technology Co.

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MarkNtel Advisors is a leading research, consulting, data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial varied client base, including multinational corporations, financial institutions, governments, individuals, among others.

Our specialization in niche industries emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing forecasting, trend analysis, among others, for 15 diverse industrial verticals.

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