South Africa Diesel Genset (Generator) Market (2021-2027)-Size & 6wresearch

Diesel Genset Market size is projected to grow at a CAGR of 2.2% during 2021-2027

South Africa Diesel Genset (Generator) Market Overview

South Africa Diesel Genset Market is anticipated to gain sound growth projections in the coming time zone. Efforts of the government of the country towards the power industry rebound are also expected to significantly contribute towards the South Africa Diesel Generator Market Growth. Moreover, construction in the healthcare infrastructure and health wellness centers is anticipated to significantly contribute towards raising the demand for efficient electricity supporting products. South Africa is projected to be benefitted from infrastructural advancements in the country during the forecast period. South Africa Diesel Generator Market is anticipated to witness modest growth during the forecast period. Increasing construction activities, the establishment of business hubs industries, and infrastructure development have resulted in the development of power infrastructure, which has amplified the demand for diesel gensets in South Africa.

According to 6Wresearch, South Africa Diesel Genset Market size is projected to grow at CAGR of 2.2% during 2021-2027. The country’s focus on the 4th / Digital Industrial Revolution has led to a growing need for stable and constant power solutions, which is projected to drive the diesel generator industry in the coming years. In addition, a range of government projects such as Vision 2025, National Transport Master Plan 2050, and National Development Plan 2030, aimed at improving and enhancing the sectors such as manufacturing, commercial, and retail, would create a huge market for power backup equipment and thus would contribute to a rise in demand for diesel generators in South Africa. Additionally, the rising shortage of regular power supply especially in rural areas is driving the development of the market. The surging demand for uninterrupted power supply coupled with an increasing number of data centers is proliferating the growth of the market.

Market Analysis by kVA Rating

On the basis of kVA rating, 75.1- 365 kVA diesel gensets captured the majority of the volume share in the overall market in 2020 and are expected to register the highest volume growth during the forecast period due to growing power demand in the residential and construction sectors. Upcoming mega projects such as Multi-Modal Infrastructure Project, Modderfontein New City, Johannesburg Airport Expansion, Masingita City Mall, The Radisson Safari Hotel Hoedspruit, Engen Refinery Expansion, Durban Iconic Tower, Radisson Blu, Durban, etc., would also drive the Generator Market of the country. Key players in the DG Market of South Africa include Caterpillar Inc., Cummins Inc, MTU, Aksa, and KOEL.

Key Highlights of the Report

  • South Africa Diesel Genset Market Overview.
  • South Africa Diesel Genset Market Outlook.
  • South Africa Diesel Genset Market Trends
  • South Africa Diesel Genset Market Forecast.
  • Porter’s Five Forces Analysis
  • Competitive Benchmarking
  • Company Profiles
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Key Strategic Recommendations
  • Market Opportunity Assessment
  • South Africa Diesel Genset Market Share, By Companies

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