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Investment in Infrastructure and Rising Energy Demand Fueling Market Growth
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The GCC region offers vast scope for the growth of the market for diesel gensets in the 15-2000 KVA range. The ongoing demand-supply mismatch in the power sector is considered to be the key driver for future growth. The market is expected to witness single-digit growth in the near future. With rising demand-supply gap and increase in per capita energy consumption, the diesel genset industry in GCC holds a promising future. Diesel genset market in the region is expected to be fuelled by heavy investments in real estate, infrastructure, and commercial space in the next two to three years. Increase in the use of alternative energy sources, such as solar power and other renewable energy solutions, will affect the market in the coming years.
Frost Radar in the Oil and Gas Companies using Aerospace Innovations
GROWTH OPPORTUNITIES IN DIGITAL ADVANCEMENTS, ADDITIVE MANUFACTURING, AND OIL SPILL REMEDIATION IN THE O&G INDUSTRY
GROWTH OPPORTUNITIES IN SOLID-STATE BATTERIES, WAVE ENERGY, PEROVSKITE SOLAR CELLS, AND CONCENTRATED SOLAR THERMAL SYSTEMS
Breakthrough Advancements in Proton-Exchange Membrane Fuel Cells
Global Digital Grid (Sensors, Meters, and Communications) Growth Opportunities
GROWTH OPPORTUNITIES IN FLOW BATTERIES, FUEL CELLS, ELECTROLYZERS, AND BUILDING ENERGY MANAGEMENT SYSTEMS
Power Distribution and Retail Digital Transformation Growth Opportunities
GROWTH OPPORTUNITIES IN DIGITAL ADVANCEMENTS, PRODUCED WATER TREATMENT, AND SUBSEA DRILLING IN THE O&G INDUSTRY
electric car market
alternative energy market
fuel cell market
smart meter market
medical supplies market
virtual reality market
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