Apr 30, 2019 (AB Digital via COMTEX) — South America & Africa Diesel Generator Market Highlights:
South America & Africa Diesel Generator Market is expected to grow with the CAGR of approximately 9.38% during the forecast period. South America & Africa Diesel Generator Market is marked with the overall dependency of the energy consumers in South America & Africa for uninterrupted & reliable power through diesel generators. These diesel generators provide standby, prime & continuous power output, where the end user is facing frequent power outages and needs emergency power backup. 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.
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South America & Africa regions have most of the countries that are in their developing stage or are under-developed. These countries are highly reliable on standby power generation or non-conventional methods of power generation, as the overall power generation through conventional methods is expensive and is generated in smaller capacity than the actual demand. All these factors majorly result in power outage in these regions. Thus, most of the end users are heading towards the utilization of diesel powered generator. The diesel generator provides continuous, prime and standby power to the end users such as industries, hospitals, construction sites, remote & discrete sites, commercial and residential.
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.
South America & Africa Diesel Generator Market, By Portability
- Stationary Power
South America & Africa Diesel Generator Market, By Hybrid System Type
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
South America & Africa Diesel Generator Market, By Country
- Others (Niger, Mozambique, Madagascar)
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.
Nigeria is one of the biggest economies in Africa, with a GDP of 405,082.7 million USD, in 2016. However, Nigeria’s growth is harshly constrained by an inadequate supply of reliable electricity.
List of Tables
Table 1 Market Synopsis
Table 2 Power Outage Data, South America & Africa Diesel Generator Market
Table 3 Generator Technicalities Based On Application/Type
Table 4 Comparison Of Small Generators Vs. Large Generators
Table 5 South America & Africa Diesel Generator Market, By Power Rating, 2015-2023 (USD Million)
Table 6 South America & Africa Diesel Generator Market, By End-User, 2015-2023 (USD Million)
Table 7 South America & Africa Diesel Generator Market, By Portability, 2015-2023 (USD Million)
List of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Forecast Model For South America & Africa Diesel Generator Market
Figure 4 Drivers, Restraints And Opportunities Of South America & Africa Diesel Generator Market
Figure 5 Growth Drivers: Impact Analysis
Figure 6 Growth Barriers: Impact Analysis
Figure 7 Porter's Five Forces Analysis Of South America & Africa Diesel Generator Market
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