Market Size of Middle-East and Africa Power Rental Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 9.68 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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MEA Power Rental Market Analysis
The power rental market in the Middle-East and Africa is expected to grow at a CAGR of more than 9.68% over the period of 2020-2025. The growing demand for power rental market in the Middle-East and Africa is driven by the increase in demand for power in the region and development in construction and industrial activities. However, expansion of power distribution networks and rising development in renewable energy projects are expected to act as a restraint for the market growth.
- Utilities are expected to have a major share among the entire end-user segment in the Middle-East and Africa power rental market during the forecast period.
- Permanent power producer inability to meet the power demand in regular periods and especially during extremely hot weather conditions are considered as opportunities for the Middle East and Africa power rental market.
- Middle-East has dominated the power rental market, with the majority of the demand coming from the countries like Saudi Arabia, the United Arab Emirates, and Qatar.
