The Lebanon Diesel Generator Market is projected to grow at a CAGR of around 9.21% during the forecast period, i.e., 2023-28.                                       

Lebanon Diesel Generator Market Dynamics:

Growth Driver: Surging Demand for Diesel Generators by Independent & Local Power Distribution Businesses in Residential Areas

Local businesses which offer subscription-based uninterrupted power have emerged & flourished during the past period by supplying the power generated from diesel generators to homes in residential areas. These businesses have been adding diesel generators to their fleet & installing them in residential areas across Lebanon. The shortage of primary power supply has led to frequent & long-duration power outages across the country. Hence, this has been one of the key reasons behind the emergence of these businesses. The owners of private diesel generators & local businesses took advantage of the electricity demand & supply gap to expand their subscription-based businesses, which have been resistant to government regulations.

Further, Lebanon has witnessed increasingly frequent power outages owing to the closer of power plants due to growing fuel shortages amid ongoing political & economic crises. Along with this, the two main power plants in the country were closed due to a fuel shortage. Hence, this increased the population’s dependency on private diesel generators for power, thereby enhancing the Lebanon Diesel Generator Market size.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Lebanon Diesel Generator Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

•  By KVA Rating
• Up to 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

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Cummins, Caterpillar, Rolls-Royce Solutions Middle East FZE , Jubaili Bros , Generac Holdings Inc., Kohler Co., Ghaddar Machinery Co. , International Machinery & Generators , Sakr Power Generation, HMH Machines, Others

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