Africa Diesel Genset Market

Diesel Generator is a combination of an electric generator with a diesel engine that is used for generating electrical energy. These sets are used in the places which are not connected to the power grid for emergency power supply in case of failure of the grid and are also used for more complex applications such as grid support and peak-lopping. The functioning diesel generator depends on several factors, which include load on the generator, ambient temperature, and altitude operation of the generator. A Genset, also known as a generating set, is a packaged combination of a generator, diesel engine, and several ancillary devices such as control systems, base, sound attenuation, and circuit breakers. The gensets are selected on the basis of the electrical load that is intended to supply, non-linear loads and the electrical load characteristics.

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The factors which are responsible for driving the growth of the Africa diesel genset market include the rising demand for electricity and the development of the industrial sector in the region. The lack of reliable power is intensifying the demand for self-generating power systems and the increasing adoption of gensets in residential, commercial, and industrial sectors will fuel the demand of the market in Africa. The changing climate, green economy along with the need for reducing the noise and air pollution in this region is further driving the demand for diesel gensets in the market during the forecast period. Favourable government initiatives pertaining to increase the adoption of gensets is paving the demand for diesel gensets in the market. For instance, gasoline is subsidized in Nigeria and is cheaper than diesel. The subsidies are expected to gradually decline and narrow the price difference between diesel and gasoline, affecting the consumption patterns and composition of generators. Moreover, the continuous growth across several industries, including mining, oil & gas, is leading to the high adoption of such gensets in these industries. The high cost of operation and maintenance of diesel gensets along with the rise in demand for the renewable energy are some factors resulting in the hinderance of the Africa diesel gensets market.

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Based on the power rating, the less than 75kVA gensets are anticipated to lead the market during the forecast period due to its high adoption in various sectors such as residential, telecom sectors, and other sectors. The low cost of diesel gensets, along with its several applications, is driving the market growth in the region.

Based on the end-user, the industrial segment is expected to grow at a higher CAGR during the forecast period owing to the huge adoption of diesel gensets in oil & gas and utilities power generation industries. In addition, rising industrial activities, which is resulting in increasing demand for the power supply, is boosting the demand for diesel gensets across the globe. The rising demand for diesel gensets among the small and medium scale industries and rapid urbanization will further fuel the demand for diesel gensets in this segment.

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Based on the country, Nigeria is anticipated to lead the market during the forecast period due to the rising need of a solution for addressing the energy transmission losses driven by the increasing demand for electricity in several applications. Increasing investments by the Nigerian government in the manufacturing sector is inspiring the adoption of diesel gensets in the operations, which is turn, is resulting in the growth of diesel gensets in the country.

Various notable players operating in the Africa diesel genset market include General Electric Company, Kirloskar Oil Engines Limited, Jiangsu Starlight Electricity Equipment Co. Ltd., Caterpillar Inc., Cummins, Mikano International Limited, Himoinsa S.L, Aksa Energy, Kohler, Man Diesel & Turbo SE, YorPower, Jubaili Bro, and Scania Group, among others.

Key Market Developments:

• • In 2018, Cummins launched gensets of 500kVA, which is powered by QSX15G8 engines, and it includes several features, including fuel consumption efficiency, reduced noise levels, remote monitoring, and automatic synchronizing.
  • In 2018, Caterpillar Inc. launched diesel gensets implemented with dynamic glass blending dual-fuel technology as a factory-installed option for gensets. This system enables the diesel engines of caterpillar to burn a mixture of natural gas and diesel engines.

The Africa Diesel Genset market has been segmented on the basis of power rating, end-use, and key countries. Based on power rating, the market is segmented into Less than 75kVA, 75kVA – 375kVA, 375.1kVA – 750kVA, and More than 750kVA. Based on end-use, the market is segmented into Residential, Commercial, and Industrial.

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Key questions answered in this research report:

• • At what pace is the Africa Diesel Genset market growing? What will be the trend in growth in the future?
  • What are the key drivers and restraints in the Africa Diesel Genset market? What will be the impact of drivers and restraints in the future?
  • What are the various End-Use areas of the Africa Diesel Genset market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
  • Which power rating of diesel generator generated maximum revenues in 2019 and identify the most promising power rating during the forecast period?

Market Segmentation:

Africa Diesel Genset market by Power Rating

• • Less than 75kVA
  • 75kVA – 375kVA
  • 375.1kVA – 750kVA
  • More than 750kVA

Africa Diesel Genset market by End-Use

• • Residential
  • Commercial
  • Industrial

Africa Diesel Genset market by Countries

• • Nigeria Diesel Genset Market All-Up (Option 1: Free 25% Customization)
  • Algeria Diesel Genset Market All-Up (Option 2: Free 25% Customization)
  • Kenya Diesel Genset Market All-Up (Option 3: Free 25% Customization)
  • South Africa Diesel Genset Market All-Up (Option 4: Free 25% Customization)
  • Egypt Diesel Genset Market All-Up (Option 5: Free 25% Customization)
  • Rest of Africa Diesel Genset Market All-Up (Option 6: Free 25% Customization)

Africa Diesel Genset Leading market players (Option 7: Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • General Electric Company
  • Kirloskar Oil Engines Limited
  • Jiangsu Starlight Electricity Equipment Co. Ltd.
  • Caterpillar Inc.
  • Cummins
  • Mikano International Limited
  • Himoinsa S.L
  • Aksa Energy
  • Kohler
  • Man Diesel & Turbo SE
  • YorPower
  • Jubaili Bros
  • Scania Group