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Diesel Gensets Market in GCC to Grow by USD 310.45 Million (2024-2028), Boosted by Low Operating Costs and AI-Driven Market Transformation – Technavio

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NEW YORK, Dec. 10, 2024 /PRNewswire/ — Report with the AI impact on market trends – The diesel gensets market in GCC size is estimated to grow by USD 310.45 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 5.56%  during the forecast period. Low operating costs of diesel gensets is driving market growth, with a trend towards incorporation of remote monitoring systems in diesel gensets. However, growing demand for alternative backup power equipment  poses a challenge. Key market players include Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Cummins Inc., Deere and Co., Generac Holdings Inc., HD Hyundai Co. Ltd., J C Bamford Excavators Ltd., Jubaili Bros, Kirloskar Oil Engines Ltd., Kohler Co., Mahindra and Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Rolls Royce Holdings Plc, Siemens AG, Wacker Neuson SE, and Yanmar Holdings Co. Ltd..

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Diesel Gensets Market In GCC Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.56%

Market growth 2024-2028

USD 310.45 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.07

Regional analysis

GCC

Performing market contribution

GCC at 100%

Key countries

Saudi Arabia, Qatar, United Arab Emirates, Oman, and Rest of GCC

Key companies profiled

Atlas Copco AB, Briggs and Stratton LLC, Caterpillar Inc., Cummins Inc., Deere and Co., Generac Holdings Inc., HD Hyundai Co. Ltd., J C Bamford Excavators Ltd., Jubaili Bros, Kirloskar Oil Engines Ltd., Kohler Co., Mahindra and Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Rolls Royce Holdings Plc, Siemens AG, Wacker Neuson SE, and Yanmar Holdings Co. Ltd.

Market Driver

The Diesel Gensets market in the GCC region is witnessing significant growth due to the unreliable grid power and extreme climatic conditions. Industrial sectors, data centers, hospitals, construction sites, and remote areas are major consumers of generator sets, which convert mechanical energy from a diesel engine into electrical energy. Diesel fuel is the primary choice for these gensets due to its availability and energy density. Power outages and voltage fluctuations are common issues, making backup power sources essential for businesses and critical infrastructure. The market caters to various sectors including commercial establishments, oil reserves, petrochemical industries, and military and defense. Durability, fuel efficiency, and consistent power supply are key considerations for buyers. Sandstorms and supply chain disruptions pose challenges, making backup power solutions a strategic priority. Emissions regulations, fuel prices, and environmental issues are also influencing the market, with alternative power sources like natural gas, renewable energy, and hybrid systems gaining popularity. Digital technologies, such as the Internet of Things, are also transforming the industry. The peak load and industrial segments are major contributors, with renewable energy projects and stricter emissions standards driving innovation. 

The Diesel Gensets market in the GCC region is witnessing significant growth due to the increasing demand for reliable power solutions. Vendors are focusing on advanced technologies, such as remote asset monitoring, to enhance the performance and efficiency of gensets. Leveraging the Internet of Things (IoT), these monitoring systems collect real-time data on fuel consumption, performance metrics, operating conditions, and maintenance requirements. Caterpillar Inc. Recently announced the inclusion of Cat Connect Remote Asset Monitoring (RAM) on small- and medium-sized diesel generator sets at no extra cost to customers, demonstrating the industry’s commitment to innovation and customer value. 

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 Market Challenges

•         The Diesel Gensets market in the GCC region faces several challenges in industrial sectors due to unreliable grid power and extreme climatic conditions. Generator sets, consisting of a diesel engine and alternator, convert mechanical energy into electrical energy, serving as crucial backup power sources for various sectors. These include data centers, hospitals, construction sites, and remote areas, where consistent power supply is essential. Power outages and voltage fluctuations impact businesses, particularly in the telecommunications industry, commercial establishments such as shopping malls, hotels, and office complexes, and critical sectors like healthcare and finance. The strategic importance of reliable power backup is further emphasized in sectors like military and defense. Diesel gensets must be durable and fuel-efficient to withstand sandstorms and harsh desert conditions. They must also handle heavy loads and have high energy density. However, diesel fuel supply and price fluctuations pose challenges. Environmental issues, including air pollution and greenhouse gas emissions, necessitate stricter emissions standards. Alternative power sources like natural gas, renewable energy, and hybrid systems are gaining popularity. Digital technologies like the Internet of Things and 5G connectivity are also transforming power generation and consumption. The Peak Load and Industrial segments are significant markets for diesel gensets, with renewable energy projects and stricter emissions standards driving the demand for hybrid solutions. Residential, commercial, and industrial buildings, retail stores, office spaces, manufacturing, power generation, gas stations, commercial buildings, shops, healthcare facilities, hospitality units, construction companies, hyperscale cloud providers, edge computing, and e-commerce are key sectors for diesel gensets.

•         The diesel gensets market in the GCC is experiencing competition from alternative backup power equipment. These new solutions, consisting of large batteries with in-built inverters, are gaining traction. While they have been in the market for some time, their recent popularity is threatening the growth of the diesel gensets market, particularly portable ones. Advanced battery technology allows for compact, powerful units that generate sufficient AC voltage for household appliances. The emergence of these alternatives is a development that market players must closely monitor.

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Segment Overview 

This diesel gensets market in gcc report extensively covers market segmentation by  

Product 1.1 Stationery diesel gensets1.2 Portable diesel gensetsApplication 2.1 Residential2.2 Commercial2.3 IndustrialGeography 3.1 GCC

1.1 Stationery diesel gensets-  The Stationary Diesel Gensets market in the GCC is segmented into three categories based on output power capacity: below 300 kW, 301 kW to 1 MW, and above 1 MW. Low-capacity stationary diesel gensets are popular in residential apartments, commercial spaces, and small-scale industries due to their affordability and suitability for short-term power requirements. These gensets are less expensive but require more space. On the other hand, high-capacity stationary diesel gensets are ideal for utility, construction, mining, agriculture, oil and gas, petrochemical, data centers, telecommunication, manufacturing, mining, automotive, and other industries. These gensets are rugged and reliable, making them suitable for standby power sources. The GCC’s rapid industrial and infrastructure development makes it a significant market for stationary diesel gensets. With abundant oil reserves, GCC countries present a lucrative opportunity for genset vendors. Currently, the stationary diesel gensets segment dominates the diesel gensets market in the GCC. Factors like the expanding IT/ITeS and automotive manufacturing sectors, and public infrastructure development, are positively influencing market growth. Among the six GCC countries, Saudi Arabia leads the stationary diesel gensets market. While the current demand is primarily for gensets below 300 kW, it is projected to shift towards gensets with a capacity of above 1 MW as the region evolves into a dynamic industrial and commercial hub. Therefore, the stationary diesel gensets segment is expected to witness moderate growth during the forecast period.

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Research Analysis

The Diesel Gensets market in the GCC region is witnessing significant growth due to the unreliable grid power and extreme climatic conditions. Generator sets, comprising of a diesel engine, alternator, and mechanical energy conversion system, provide reliable backup power sources for various industrial sectors, data centers, telecommunications industry, commercial buildings, shops, hospitality units, construction companies, and hyperscale cloud providers. Diesel gensets are essential for powering heavy machinery and ensuring uninterrupted electricity supply during voltage fluctuations. The agriculture sector and rural electrification projects also benefit from diesel gensets. With the increasing demand for reliable power supply, the market is expected to grow further, driven by the expansion of the telecommunications industry, e-commerce, edge computing, and the rollout of 5G connectivity.

Market Research Overview

The Diesel Gensets Market in the GCC region is driven by the industrial sectors’ need for reliable power sources due to unreliable grid power and extreme climatic conditions. Generator sets, comprising a diesel engine and an alternator, convert mechanical energy into electrical energy, serving as backup power sources for various sectors. These include data centers, hospitals, construction sites, remote areas, and emergency backup systems. Power outages are common in the region, making diesel gensets strategically important for uninterrupted services in commercial establishments like shopping malls, hotels, and office complexes. The durability and fuel efficiency of diesel gensets make them a preferred choice in the region’s harsh conditions. The market caters to various segments, including industrial, peak load, and residential, with stationary and portable options available. Factors like voltage fluctuations, heavy machinery usage, and the importance of telecommunications and agriculture sectors further boost the market. However, environmental issues, such as air pollution and greenhouse gas emissions, and fuel prices are challenges that the market must address through stricter emissions standards, alternative power sources like natural gas and renewable energy, and hybrid solutions. Digital technologies like the Internet of Things and 5G connectivity are also transforming the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductStationery Diesel GensetsPortable Diesel GensetsApplicationResidentialCommercialIndustrialGeographyGCC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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ObjectWin India Rebrands as FornaxTech; Focuses on AI-Led Transformation and GCC-Driven Global Delivery

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BANGALORE, India, April 29, 2026 /PRNewswire/ — ObjectWin India has rebranded as FornaxTech, reflecting its evolution into a capability-led organization aligned with the Fornax Group and focused on supporting AI-native enterprises, Global Capability Centers (GCCs), and global delivery models.

The move comes as enterprises accelerate investments in AI and expand GCCs as hubs for innovation, product development, and digital transformation.

FornaxTech will continue to build on ObjectWin India’s established strengths in technology talent and solutions, while expanding its role in enabling capability development, execution alignment, and transformation outcomes.

“This transition reflects where we already are and where we are heading,” said Saurav Lenka, CEO of FornaxTech. “We are building on a strong foundation while expanding how we create value through deeper capability, global delivery alignment, and more integrated engagement in an AI-driven world.”

As part of Fornax Group, the company will leverage broader capabilities, geographic reach, and enterprise relationships to support multi-market engagements and more complex transformation needs.

“This is an important step in strengthening a unified direction across the group,” said Subrata Nag, Founder & Group CEO, Fornax Corporate Services. “It allows us to bring together talent, technology, and execution in a more cohesive way to support evolving enterprise needs in an AI-led, globally distributed landscape.”

FornaxTech said it will focus on:

Capability-led engagement across global teams and GCCsIntegration of talent, platforms, and processesAI-native approaches to delivery and execution

The company’s delivery framework is supported by ObjectWin India’s CMMI Level 3 certification for Services, reflecting established process maturity, execution consistency, and scalability for enterprise engagements.

About FornaxTech

FornaxTech is a technology and talent solutions company focused on enabling enterprise transformation in an AI-native and globally distributed environment. As part of the Fornax Group, the company supports organizations with integrated capabilities across talent, technology, and execution.

Logo: https://mma.prnewswire.com/media/2966208/FornaxTech_Logo.jpg

 

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Certis and Ensign InfoSecurity Partner to Strengthen Cybersecurity and Governance in AI-Driven Robotics

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Collaboration strengthens governance and cyber resilience as autonomous AI
becomes increasingly embedded in physical and operational environments

SINGAPORE, April 29, 2026 /PRNewswire/ — Certis Group, Singapore’s leading provider of integrated security and operations solutions, and Ensign InfoSecurity, Asia Pacific’s largest pure-play cybersecurity services provider, have signed a Memorandum of Understanding (MOU) at the Milipol TechX (MTX) 2026, a regional platform for security and technology innovation, to strengthen cybersecurity, safety and governance in robotic systems powered by artificial intelligence.

The partnership addresses a growing challenge as AI systems evolve from assisting humans to acting autonomously. Beyond conventional cybersecurity threats which typically result in data breaches or system outages, vulnerabilities in AI robotic systems carry an additional category of risk: manipulated sensor inputs, loss of supervisory control, or autonomous systems executing unintended physical actions with real-world consequences.

This collaboration comes as Singapore increases the deployment of autonomous systems to aid in security, logistics and transport operations, highlighting the urgent need to translate governance principles into practical, operational safeguards, particularly in real-world environments where there is little room for error.

Under the MOU, both organisations will work together to strengthen cybersecurity, safety and ethical governance in AI-driven robotics. Certis will lead the development and implementation of safety and ethics fail-safes, as well as Human-in-the-Loop interfaces within the AI robotic platform. In parallel, Ensign will oversee the development of cybersecurity requirements governing the platform’s communication interfaces, as well as the AI’s core reasoning and decision-making processes, including the design of cybersecurity controls, standards and frameworks.

Together, the partnership will embed guardrails across the full system lifecycle, from design and development to testing, deployment and eventual decommissioning, while advancing cybersecurity capabilities, cross-domain knowledge-sharing, and practical frameworks to support the secure and responsible use of autonomous systems.

“As Certis accelerates the development and deployment of our robotics and AI across our operations, we are cognisant that the power of these technologies is only as strong as the security that protects them,” Mr Alex Ooi, Chief Information Security Officer of Certis, said.

“In this new era of industrialised AI, cybersecurity is no longer a peripheral function, but a critical enabler of our future. For Certis, securing our autonomous systems means more than just protecting data; it means ensuring the operational integrity and safety of the physical environments we are trusted to guard. By embedding rigorous cyber-resilience into every tech, robot and algorithm we deploy, we are building a future where innovation and absolute trust coexist seamlessly in this partnership,’ Mr Ooi added.

Key areas of focus in the MOU include

Developing ethical, safety-first approaches for AI-driven robotics, supported by shared standards across data handling, model training and real-world operationsEmbedding security and risk management by design across the system lifecycle, including threat identification, risk assessment and safeguards against unauthorised access and tamperingImplementing human-centric safety protocols and robust human-in-the-loop controls to ensure effective oversight and interventionStrengthening cyber-physical resilience through testing and operations, including adversarial testing of AI-driven robotic behaviours, continuous monitoring and specialised capabilities such as threat analysis, incident response and penetration testing

A joint Safety and Security Review Board will be established to oversee implementation and ensure alignment with evolving safety and ethical expectations.

“The rise of AI is raising the stakes for enterprise security. It goes beyond protecting systems to ensuring that autonomous decisions remain bounded, explainable and secure,” said Paul Tan, Executive Vice President of Government and Singapore Enterprises, Ensign InfoSecurity. “Having operationalised AI in security environments, we see firsthand how quickly autonomy can scale. The challenge is ensuring that control, governance and resilience scale with it, especially when these systems affect real-world operations and outcomes. This collaboration focuses on embedding cybersecurity into the way these systems are designed and deployed from the outset.”

The MOU signals a shift in how organisations deploying autonomous systems must think about risk, not as an IT concern to be managed downstream, but as a foundational design requirement woven into every layer of the system.

About Certis Group

Certis is an integrated operations service provider, built on decades of experience in security and critical frontline operations. We design and run security, facilities and workforce management as a single operating model, orchestrating people, systems and processes in complex, real-world environments to drive results.

Our approach is grounded in structured operational design, where processes, workflows and resources are engineered around defined outcomes. Further powered by our adoption of advanced technologies including AI and Robotics, Certis drives coordination, visibility and day-to-day execution across operations for its clients.

Headquartered in Singapore, Certis operates across key regional markets including Australia and Qatar, supported by a global team of over 25,000 employees. We are trusted by local governments and enterprises to deliver operational performance to make our world safer, smarter, and better.

For more information, please visit www.certisgroup.com.

About Ensign InfoSecurity 

Ensign InfoSecurity is Asia Pacific’s largest pure-play cybersecurity services provider and a trusted global partner, delivering end-to-end security solutions across the cyber lifecycle. Headquartered in Singapore, Ensign is recognised for deep capabilities spanning advisory and assurance, secure architecture and systems integration, threat intelligence, managed security operations, and incident response. Ensign also drives its own innovation through Ensign Labs, developing advanced proprietary solutions to address complex customer challenges. With over two decades of experience, Ensign provides resilient, intelligence-led security tailored to real business risks.

For more information, visit www.ensigninfosecurity.com 

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Agoda Unveils Top 5 Labor Day Destinations for 2026

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SINGAPORE, April 29, 2026 /PRNewswire/ — Digital travel platform Agoda has identified the top five holiday destinations for Labor Day 2026, based on accommodation search data. This year’s list features Tokyo, Pattaya, Seoul, Osaka, and Busan, offering a mix of cultural experiences, vibrant cityscapes, and relaxing getaways for travelers to explore new destinations and unwind from their daily routines.

Tokyo, Japan, offers a captivating blend of tradition and modernity. Visitors can explore the capital city’s historic sites such as the Meiji Shrine and the Imperial Palace, while also experiencing the futuristic allure of districts like Shibuya and Akihabara. The city’s culinary scene is a highlight, with everything from Michelin-starred restaurants to bustling street food markets. Tokyo’s vibrant neighborhoods, cultural festivals, and cutting-edge technology make it a dynamic destination for travelers seeking both excitement and cultural enrichment.

Pattaya, Thailand, known for its lively beaches and vibrant nightlife, provides a tropical escape on Thailand’s eastern Gulf coast. The city offers a mix of relaxation and adventure, with opportunities for water sports, island hopping, and exploring nearby attractions like the Sanctuary of Truth. Pattaya’s Walking Street is famous for its energetic nightlife, while quieter spots like Jomtien Beach provide a more laid-back atmosphere. With its diverse range of activities and stunning coastal views, Pattaya is an ideal destination for those looking to unwind and enjoy the sun.

Seoul, South Korea, is a city where history and innovation coexist harmoniously. Visitors can explore ancient palaces such as Gyeongbokgung and Changdeokgung, while also enjoying the modern attractions of districts like Gangnam and Myeongdong. Seoul’s vibrant street markets, diverse culinary offerings, and thriving arts scene provide endless opportunities for exploration. The city’s efficient public transportation system makes it easy to navigate, allowing travelers to experience everything from traditional tea houses to cutting-edge technology hubs.

Osaka, Japan, known for its street food and entertainment districts, delights the senses with its unique offerings. Visitors can indulge in local specialties like takoyaki and okonomiyaki, while exploring bustling areas such as Dotonbori and Namba. Osaka Castle offers a glimpse into the city’s historical past, while Universal Studios Japan provides family-friendly entertainment. With its friendly locals and lively atmosphere, Osaka is a welcoming destination that offers a unique blend of culture, cuisine, and fun.

Busan, South Korea, offers stunning coastal views and a rich cultural landscape. The country’s second-largest city is home to a range of beaches, such as Haeundae and Gwangalli, which are perfect for relaxation and water activities. Visitors can explore cultural landmarks like the Beomeosa Temple and the Gamcheon Culture Village, known for its colorful houses and artistic installations. Busan’s seafood markets and local cuisine provide a taste of the region’s culinary heritage. With its mix of natural beauty and cultural attractions, Busan is a serene yet engaging destination for travelers.

Jay Lee, Regional Director, North Asia at Agoda shared, “Labor Day offers a great opportunity to explore new destinations. Whether you’re drawn to the bustling energy of Tokyo or the serene landscapes of Busan, Agoda’s comprehensive selection of accommodations, flights, and activities provides the flexibility to plan a trip that suits your preferences. Our platform is designed to make travel planning straightforward and enjoyable, ensuring a memorable Labor Day experience for all travelers.”

With over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, Agoda offers travelers the flexibility to create their ideal Labor Day getaway. For the best deals, travelers can visit Agoda’s website or download the Agoda mobile app.

 

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