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South America & Africa Diesel Generator Market 2019 Segmented By (Portability, Power Rating, End-User, Hybrid System Type, Country), Key Players like Caterpillar, Cummins, Generac Holdings, AKSA Power Generation
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. 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.
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.
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Competitive Landscape
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.
Segmental Analysis
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)
Regional Analysis
The South America & Africa Diesel Generator Market is growing tremendously under the influence of factors such as surge in power outages & power failure, growing demand for interminable & dependable power supply and growth in hybrid renewable energy systems.
Colombia is hugely investing in developing hybrid renewable energy system so to fulfill the growing demand for electricity. According to World Bank, the national electrification rate of Columbia in 2016 was 98% with about 90% rural electrification rate, also industrial sector contributed 34.00% of the total GDP. It was also observed that about 53.3% of firms experienced electrical outages, in 2016 with about 10.8% of firms owing or sharing a generator. The current scenario in the states of Colombia is the growing demand for electricity, which can be fulfilled through a hybrid renewable energy systems.
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