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Showing posts with the label Diesel Genset Market

Africa Diesel Genset Market (2023-2029) | 6Wresearch

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Africa Diesel Genset Market Synopsis The   Africa Diesel Genset Market   is majorly driven by the need for reliable backup power solutions to deal with the frequent power outages that many parts of Africa experience such as just 48% of Ethiopia’s 115 million people had access to electricity and in DRC only 19% of the 108 million people have access to electricity – about 41% in urban areas and 1% in rural areas, in such cases diesel gensets become a crucial power source to sustain and to provide stable and reliable power solution. In addition, diesel gensets tend to have a lower upfront cost compared to other options, making them more affordable for African businesses and consumers. In 2020, the diesel genset market in Africa experienced a decline due to the COVID-19 pandemic, causing economic shutdowns and temporary halts in major operations to control the virus spread. However, infrastructure development and housing projects in Africa including Mesob tower development with US...

Vietnam Diesel Genset (Generator) Market (2021-2027) | size

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  Vietnam Diesel Genset Market Overview Diesel Genset Market in Vietnam is anticipated to gain momentum during the upcoming years on account of increasing disposable income coupled with rising demand for regular and reliable power supply. Increasing urbanization and infrastructure development is accelerating the Vietnam Diesel Generator market Growth. Growing expansion of industrial and construction sector coupled with increasing power blackouts triggers the potential growth of the market. According to 6Wresearch, Vietnam Diesel Genset Market size is projected to grow at a CAGR of 2.4% during 2021-2027. Vietnam occupies 8th position in terms of the market size in the APAC Diesel Genset Market. Due to lack of infrastructure and rising demand for continuous supply of electricity is adding to the Vietnam Diesel Generator Market Share.  The outbreak of COVID-19 led to disruption in the growth of Vietnam Diesel Genset Market owing to disruption in supply chain. Key Highligh...

Indonesia Diesel Genset (Generator) Market (2021-2027) | Report, Size, Share

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  Indonesia Diesel Generator Market Overview Indonesia Diesel Generator Market size is projected to grow at a CAGR of 2.5% during 2021-2027. Indonesia occupies 6th position in terms of the market size in the APAC Diesel Genset Market. Rapid growth in tourism sector coupled with increasing number of hotels drives the need for continuous and reliable power supply further leading to the growth of the market. Diesel Generator Market in Indonesia is likely to project substantial growth during the forecast period owing to the growing population due to the rising industrial and construction sector. Key Highlights of the Report Indonesia Diesel Genset Market Outlook Market Size of Indonesia Diesel Genset Market, 2020 Forecast of Indonesia Diesel Genset Market, 2027 Historical Data and Forecast of Indonesia Diesel Genset Revenues & Volume for the Period 2017 - 2027 Indonesia Diesel Genset Market Trend Evolution Indonesia Diesel Genset Market Dr...

Nigeria Diesel Genset Market (2019-2025) | Size, Share & 6wresearch

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Nigeria Diesel Genset Market Overview Nigeria Diesel Genset Market is anticipated to witness healthy growth during 2019-25 as there is a lack of robust power infrastructure in the country and the existing power plants are operating at only one-third of their potential capacity. Thus, the demand for Diesel Gensets as an auxiliary power resource is expected to stay afloat over the coming years. Surging disposable income and rising need for regular and uninterruptible power supply is driving the Nigeria Diesel Genset Market Growth. Increasing loss of power transmission coupled with lack of power infrastructure is driving the development of the industry. According to 6Wresearch, the Nigeria Diesel Generator Market size is projected to grow at a CAGR of 2.8% during 2019-2025. Rising usage of diesel generators in various industries such as oil and mining is accelerating the Nigeria Diesel Genset Market Share. Stringent regulations by the government in order to reduce carbon emissions are l...