NEW YORK, September 13, 2016 /PRNewswire/ --
The diesel genset market in Africa is expected to grow in coming years on account of increasing demand of power in the region. The African countries such as Tanzania, Uganda, etc. are facing severe power crisis due to poor power infrastructure. The huge demand supply gap in the region is attributed to lack of grid connectivity in the region. The diesel gensets can play a major role in the African region to meet the power requirements on account of reliable supply of electricity from the same. The electrification rate in major part of the continent has been below 30% which creates a huge opportunity for deployment of diesel gensets in the region. Industries and commercial centres require regular supply of power which can be met by diesel gensets in Africa region. The industrial development in African region would spur the demand for diesel gensets in near future. The lack of power transmission and distribution infrastructure is a big bottleneck in power sector of Africa. The deployment of diesel gensets at electricity consumption centres creates a distributed energy generation system which reduces grid congestion. The development of decentralized diesel based power generation infrastructure can cater the electricity needs of communities isolated from the grid in Africa region. Apart from that increase in population would spur the electricity requirements in Africa which would further lead to increase in demand of diesel gensets in near future.
Africa Diesel Genset Market: Drivers and Restraints
The increasing demand of electricity in Africa region would lead to huge upsurge in demand for diesel gensets in near future. The huge demand supply gap of electricity in the region would result in deployment of diesel gensets in African markets. The increase in population coupled with industrial and commercial sector development would drive the market for diesel gensets in African countries. In addition, development of technology pertaining to diesel gensets would drive its market in African countries. However increasing focus on renewable sources of electricity would pose a challenging situation for diesel gensets business in Africa. The development of solar power plants in Africa region has received major thrust on account of governments' policy in African countries and huge investments made by the solar power companies. The major drawback of diesel gensets is the emission of harmful gases during its operations. The renewable source of electricity is considered as an alternate to diesel power generations globally. The huge deployment of renewable energy generation systems would hamper the growth of diesel gensets business in Africa region in near future.
Africa Diesel Genset Market: Segmentation
The Africa Diesel Genset Market segmented on the basis of Type, Region, & By Company
Based on Type, the Africa Diesel Genset market is segmented into the following:
- Low Power (up to 75KVA)
- Medium Power (between 75.1 KVA to 350 KVA)
- High Power (between 350.1 KVA to 750 KVA)
- Very High Power (above 750 KVA)
Based on Country, the Africa Diesel Genset market is segmented into the following:
- Democratic Republic of Congo
- South Africa
- Rest of Africa
Africa Diesel Genset Market: Overview
The Africa Diesel Genset market is anticipated to grow at a steady rate during 2016-2021, on account of increasing deployment of the same in the region. The huge demand supply gap of electricity in the region due to lack of proper power infrastructure results in high demand of diesel gensets in Africa. The industrial sector led by oil and gas exploration & production is one of the major end user of diesel gensets in African countries. There are many regions in Africa which are isolated from the electricity grid and are dependent on diesel gensets for supply of electricity.
Africa Diesel Genset Market: Country-wise Outlook
At present, Nigeria is the leading market for diesel gensets in Africa, followed by Tanzania, Kenya, etc. The economic backwardness and inappropriate planning in power sector of African countries has resulted in poor power infrastructure. The global manufacturers of diesel gensets such as Caterpillar, Cummins, etc. supply their products in African region to meet the demand of diesel gensets. The diesel genset market in African countries is run majorly by the distributors of the same and the manufacturers of diesel gensets operate majorly via their channel partners in African territories.
Africa Diesel Genset Market: Key Players
Key players in the Africa Diesel Genset Market include Caterpillar Inc., Cummins Inc., Blackwood Hodge, Perkins Mantrac, FG Wilson, etc.
The report covers exhaustive analysis on:
- Market Size
- Market Segmentation
- Innovations and Technological Advancements
- Market Dynamics (Market Drivers & Challenges)
- Market Trends & Developments
- Competition & Companies involved
"Africa Diesel Genset Market Forecast & Opportunities, 2021" will analyse the potential of diesel genset market across the African countries and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report will also identify and analyse the emerging trends along with essential drivers and key challenges faced by the industry.
- Africa Diesel Genset Market Size, Share & Forecast
- Segmental Analysis - By Type, By Country, By End Users & By Company
- Market Dynamics
- Market Attractiveness Index
- Changing Market Trends & Emerging Opportunities
- Competitive Landscape & Strategic Recommendations
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