Jordan Diesel Generator Market to Exhibit a Remarkable CAGR of...

Jordan Diesel Generator Market to Exhibit a Remarkable CAGR of 14.60% by 2028, Size, Share, Trends, Key Drivers, Demand, Opportunity Analysis and Competitive Outlook

2024-09-03 08:45:01 • 18 Views

According to MarkNtel Advisors study the Jordan Diesel Generator Market is projected to grow at a CAGR of around 14.60% during the forecast period, i.e., 2023-28.

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Key Findings of the Study: Jordan Diesel Generator market

Growth Driver: Launch of Infrastructure Development Projects to Boost the Market Growth

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.

Growth Opportunities: Rising Investments in Healthcare Infrastructure Augmented the Need for Diesel Generators

The rising initiatives of the government of Jordan to strengthen its healthcare sector by encouraging investments in the development of new hospitals have provided a lucrative opportunity for the market growth of diesel generators in Jordan. For instance:

In 2022, the Jordan investment fund & the Saudi Investment fund collaboratively announced a funding commitment of USD400 million for the development of the healthcare & medical education sector in the country.

This project consists of a university hospital with over 300 beds, outpatient clinics, an ambulatory care building, etc., which would notably augment the demand for power supply to function the facilities. Further, the evolution of existing hospital units in the country, such as the expansion of Samih Darwazah Oncology Centre at the government-run Al Bashir Hospital in 2022, etc., is expected to boost the demand for diesel generators for standby power in these facilities. Hence, the growing development & improvisation of the healthcare industry in the country would create a flourishing opportunity for diesel generators in the market to fulfill the demand for a continuous supply of electricity in the coming years.

For more detailed information about the Jordan Diesel Generator market report, click here – https://www.marknteladvisors.com/research-library/jordan-diesel-generator-market.html

Scope of the Report and Jordan Diesel Generator Market Segmentation:

By KVA Rating

Upto 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

Of them, the Standby Diesel Generator has been witnessing considerable growth in the Jordan Diesel Generator market over the past years.

Note: If you require specific information not covered in the current report, we can provide it through customized option

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