Press release
South America & Africa Diesel Generator Market – Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., AKSA Power Generation, Kohler Co.
South America & Africa Diesel Generator Market – Forecast to 2023
Market Highlights:
South America & Africa Diesel Generator Market is marked with the overall dependency of the energy consumers in South America & Africa for uninterrupted & reliable power through diesel generators. These diesel generators provide standby, prime & continuous power output, where the end user is facing frequent power outages and needs emergency power backup.
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Diesel generators for South America & Africa regions are poised to grow at a substantial rate as the growing urbanization & industrialization has resulted in demand for excess and uninterrupted electricity supply. Diesel generators provide prime, standby and continuous power output to residential, commercial & industrial sector, and is also a reliable source of power generation in emergency situation and at remote location.
South America & Africa regions have most of the countries that are in their developing stage or are under-developed. These countries are highly reliable on standby power generation or non-conventional methods of power generation, as the overall power generation through conventional methods is expensive and is generated in smaller capacity than the actual demand. All these factors majorly result in power outage in these regions. Thus, most of the end users are heading towards the utilization of diesel powered generator. The diesel generator provides continuous, prime and standby power to the end users such as industries, hospitals, construction sites, remote & discrete sites, commercial and residential.
Diesel generators for South America & Africa region are poised to grow at a substantial rate as the growing urbanization & industrialization has resulted into the demand for excess and uninterrupted electricity supply. Diesel generators provides prime, standby and continuous power output to residential, commercial & industrial sector and is also a reliable source of power generation in emergency situation and at remote location.
The market is driven by various factors such as surge in power outages & power failure, growing demand for interminable & dependable power supply and growth in hybrid renewable energy systems. However, rise in renewable energy technologies and high operating & maintenance cost of diesel generator will act as restrains for the South America & Africa Diesel Generator Market.
South America & Africa Diesel Generator Market is expected to grow with the CAGR of approximately 9.38% during the forecast period.
Drivers
South America & Africa Diesel Generator Market is predicted to grow at approximately 9.38% by 2023
11 kW – 100 kW rated diesel generators is expected to hold the largest market size in forecast period.
The segment of 11kW-100kW diesel generators comprises mostly of low range to medium range of stationary generators. As stationary generators have a wide range of power output, these power rating generators are widely used in large-medium scale commercial to small-medium industrial sector in South America & Africa region, as they provide uninterrupted power supply and reduced industry downtime, which results in capital gain. It has been forecast that 11kW-100kW diesel generator market in South America & Africa will witness a substantial growth in forecast period.
11 kW – 100 kW rated diesel generators dominated the South America & Africa diesel generator market with a share of more than 45% in 2016, in terms of value. It is expected to grow at a CAGR of more than 9% during the forecast period.
SOUTH AMERICA & AFRICA DIESEL GENERATOR MARKET SIZE
South America & Africa Diesel Generator Market is predicted to grow at approximately 9.38% by 2023
Scope of the Report
This study is an overview of the South America & Africa Diesel Generator Market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for South America & Africa region. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the South America & Africa diesel generator market by Power Rating, by End-User, by Portability, by Hybrid System Type and by Country.
South America & Africa Diesel Generator Market, By Portability
Stationary Power
Portable
South America & Africa Diesel Generator Market, By Hybrid System Type
Solar-Diesel
Wind-Diesel
Others
South America & Africa Diesel Generator Market, By Power Rating
Up to 10 kW
11 kW – 100 kW
Above 100 kW
South America & Africa Diesel Generator Market, By End-User
Residential
Commercial
Industrial
South America & Africa Diesel Generator Market, By Country
Peru
Guatemala
Colombia
Tanzania
Nigeria
Kenya
Ethiopia
Bolivia
Sudan
Congo
Uganda
Others (Niger, Mozambique, Madagascar)
View Full Report @ https://www.marketresearchfuture.com/reports/south-america-africa-diesel-generator-market-5205
Key Players
The key players of South America & Africa diesel generator market are Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., AKSA Power Generation, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, Aggreko PLC, MAN Diesel & Turbo, General Electric Company and Wärtsilä.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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