Press release
Southeast Asia & Australia Diesel Generator Market - Vendor Landscape And Economic Growth 2027
Diesel Generator Market
The diesel generator market in telecom industry in Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia was valued at ~US$ 159 Mn in 2018 and is anticipated to expand at a CAGR of ~6% during the forecast period. Based on power rating, the up to 20 kVA segment dominated the diesel generator market in telecom industry in Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia in 2018. Rise in demand for uninterrupted and reliable power supply to telecom towers during power outage is anticipated to boost the segment during the forecast period.
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This, in turn, is estimated to propel the diesel generator market in telecom industry in these regions. In terms of type, the stationary generator segment accounted for dominant share of the diesel generator market in telecom industry in Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia in 2018, primarily due to the increase in investments in the installation of telecom towers in remote areas in these regions. This dominance is expected to boost the diesel generator market in telecom industry during the forecast period.
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Based on application, the standby segment held a significant share of the diesel generator market in telecom industry in Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia in 2018, due to rise in investments in the renewable sector to avoid power outages. This rise in investment is also anticipated to drive the diesel generator market in telecom industry in near future. The diesel generator market in telecom industry in Middle East & North Africa is estimated to expand at a substantial pace during the forecast period, owing to rapid infrastructure development, growth in urbanization, and increase in the purchasing power of end-users in the region.
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Key Driver of Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia Diesel Generator Market in Telecom Industry
The electrification rate has improved across the globe over the last decade. However, the incidence of power outages has also increased. Natural calamities; failure of distribution lines and transmission lines; and faults in equipment of power generation stations or substations are some of the key factors causing power outages across the world. Fluctuation in voltage and power can cause significant damage to electrical equipment and machines. Breakdown in any equipment in the entire infrastructure can cause short or long power outages that can last from few hours to several days, depending on the severity of equipment failure. For instance, on an average, more than 60% of the telecom tower sites face electrical grid outages in excess of eight hours a day in India. Therefore, tower owners deploy a combination of batteries and backup power for electrical grids in order to ensure power availability of more than 99.95%. This is likely to create growth avenues for the diesel generator market in telecom industry.
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Middle East & North Africa Offers Lucrative Opportunities to Diesel Generator Market in Telecom Industry
Middle East & North Africa dominated the Middle East & North Africa, Sub-Saharan Africa, and Southeast Asia & Australia diesel generator market in telecom industry in 2018, due to rapid industrialization and commercialization in the region. Development of telecommunications is gaining momentum in the region. This is projected to drive the diesel generator market in telecom industry in Middle East & North Africa. Rise in dependence on sources of renewable energy may result in power fluctuation or power outages led by malfunctions or disturbance in natural conditions. Thus, increase in need to overcome power outages and meet the increasing demand for electricity in the region is expected to drive the diesel generator market in telecom industry in Middle East & North Africa during the forecast period.
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Competition Landscape
The global diesel generator market in telecom industry is highly fragmented. Various international as well as local players hold significant share of the global diesel generator market in telecom industry market. Key players operating in the global diesel generator market in telecom industry are Cummins Inc., Caterpillar Inc., Generac Holdings, HIMOINSA S.L, AKSA Power Generation, Aggreko PLC, Mahindra Powerol, AGCO Corporation, Kohler Co., Multiquip Inc., and Greaves Cotton Limited.
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