Jordan Diesel Generator Market Overview and Insights:
According to MarkNtel Advisors Report, Jordan Diesel Generator Market projected to grow at a CAGR of around 14.60% during the forecast period, i.e., 2023-28.
Jordan Diesel Generator Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
Time Period Captured in the Report:
Historical Years: 2018-21
Base Years: 2022
Forecast Years: 2023-28
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Possible Restraint: Long Custom Clearance Procedures to Hinder the Supply of Diesel Generators in the Country
Jordan lacks most of the critical raw material resources due to which the country lacks manufacturing units of diesel generators, therefore Jordan is highly dependent on imports. Additionally, slower customs clearance processes have widely restricted the supply of diesel generators in the country. Moreover, the strict regulations of customs & border control agencies, along with a decline in ease & affordability of arranging priced shipments, further hampered the import logistics in the country. According to World Bank, in 2019, it took around 5.3 days in Jordan to clear direct imports through customs, which is quite long. Hence, the high regulations on custom clearance have potentially impacted the sales of diesel generators in the country in the past years and are anticipated to continue to do so in the forthcoming years as well.
Who are the Key Players Operating in the Jordan Diesel Generator Industry?
The top companies of the Jordan Diesel Generator market ruling the industry are:
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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What is Included in Jordan Diesel Generator Market Segmentation?
The report has segmented the market into the following categories:
-By End User
Residential
Commercial
Healthcare
Government & Transport
Oil & Gas
Industrial
Equipment Rental Companies
Of them, the Standby Diesel Generator has been witnessing considerable growth in the Jordan Diesel Generator market over the past years. This growth is based on the prominent usage of these generators as a backup power source in residential & commercial facilities of the country. Further, the infrastructural development in the commercial sector involving the construction of healthcare units and hospitality & entertainment spaces would escalate the sale of standby diesel generator models during the upcoming period.
-By KVA Rating
Up to 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
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