South America Africa Diesel Generator Market Analysis
South America Africa Diesel Generator Market is expected to grow at 9.38% CAGR during the forecast period 2022-2030.
South America Africa Diesel Generator Market is characterized by the overall reliance of energy consumers in South America Africa on uninterrupted and reliable power through diesel generators. Where the end-user is experiencing regular power outages and requires emergency power backup, these diesel generators provide standby, prime, and continuous power output.
Diesel generators for the South America Africa regions are expected to expand at a rapid pace due to increased urbanization and industrialization, which has resulted in a need for excess and continuous electricity supply. Diesel generators provide prime, standby, and continuous power production to the residential, commercial, and industrial sectors, as well as a dependable source of power generation in an emergency and at a remote location.
The majority of developing or underdeveloped countries are located in South America and Africa. These countries depend heavily on standby power generation or non-conventional methods of power generation because conventional power generation is costly and generates power at a lower capacity than the actual demand. All these factors majorly result in a power outage in these regions. As a result, the majority of end-users are turning to diesel-powered generators. End users like industries, hospitals, construction sites, remote discrete sites, commercial and residential rely on diesel generators for continuous, prime, and standby power.
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.
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Market Segmentation
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)
COVID-19 Impact on South America Africa Diesel Generator Market
The global outbreak of a new coronavirus is expected to cause a slight slowdown in the market. Manufacturing work has come to a halt as a result of labor shortages. As a result, demand from end-use industries has plummeted dramatically.
Key Players
Notable players of South America Africa diesel generator market are Caterpillar Inc., AKSA Power Generation, Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine Turbocharger, Ltd., Aggreko PLC, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, MAN Diesel Turbo, General Electric Company and Wärtsilä.
Summary
South America Africa Diesel Generator Market is anticipated to grow with the CAGR of approximately 9.38% from 2018 to 2023 (forecast period). South America and Africa Diesel Generator Market is expanding rapidly as a result of factors such as an increase in power outages and power failures, rising demand for continuous and dependable power supply, and growth in hybrid renewable energy systems.
