Market Size of Middle-East and Africa Portable Generator Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Portable Generator Market Analysis
The Middle East & African portable generator market is projected to register a CAGR of over 6% during the forecast period.
The market was negatively impacted by the COVID-19 pandemic in 2020. Presently, the market has reached pre-pandemic levels.
- Over the short term, rising power outages caused by grid failure and natural calamities are expected to drive the market studied.
- On the other hand, fluctuating crude oil and natural gas prices are expected to hamper the growth of the portable generator market in the region during the forecast period.
- The increasing utilization of biogas and biofuel in a portable generator is likely to create lucrative growth opportunities for the Middle East & African portable generator market during the forecast period.
- Nigeria is expected to dominate the market due to its large population. Increasing electricity demand and a higher number of power outages are also expected to propel the need for portable generators in the country during the forecast period.
