SAR 1.5 billion Size of Electric Diesel Market Generators in KSA


(MENAFNEditorial) Sami Akeel, Sawary Energy Vice President, has estimated the size of Electric Diesel generators market in KSA to exceed SAR1.5 billion, and the market will maintain increasing local demand rates due to the inability of the current facilities to meet the increasing growth which ranges between 15 to 20% annually. Akeel attributed this to the high economic growth rates achieved by the Kingdom of Saudi Arabia, which are by far faster than the global rates, stressing that Saudi Arabia is growing as a result of the Ecosystem Stability, increased economic activity rates, and high domestic and foreign investment. The continuous investments of the Kingdom in developing the infrastructure and the diversified economic performance have contributed to the growth of electric diesel generator market in Saudi Arabia. Akeel pointed out that the Electrc diesel generators market has witnessed remarkable development recently due to the support of the Custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz. The social development, and the industrial growth witnessed in all regions of the Kingdom , without exception, inevitably lead to strengthening the capacity of the generator market , and enhances the high demand growth rates . Sami Akeel, Sawary Energy Vice President, confirmed that the Electric diesel generators market has witnessed remarkable leap and development characterized by the high quality services. Sawary Energy for example, initiated its business in 1975 and they are specialized in providing integrated power solutions in the power generation and distribution industry. Sawary Energy has achieved great success by offering power solutions to its clients Kingdom wide. Sawary Energy, which is certified by the Environmental Protection Agency (EPA) , has been also characterized by being a single platform for all power solutions which includes supplying and installing electric diesel generators, automatic and manual electric switches, electrical distribution panels, automatic or manual parallel systems, , batteries charges , and manufacturing sound - resistant lids.


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