Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial (Hospitality, BFSI, IT & ITES, Construction, Healthcare, and Offices), Industrial, Transportation & Infrastructure (Government Buildings, and Public Infrastructure, such as Stadium, Museum, etc.)) and Competitive Landscape.
Product Code: ETC001812 | Publication Date: Feb 2022 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 64 | No. of Figures: 12 | No. of Tables: 3 | |
Angola Diesel Genset market currently, in 2023, has witnessed an HHI of 1606, Which has decreased slightly as compared to the HHI of 2309 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Angola Diesel Genset Market report thoroughly covers the diesel genset market by kVA ratings and applications. The report provides an unbiased and detailed analysis of the on-going Angola Diesel Genset Market trends, opportunities, high growth areas, market drivers, and market share by companies, which would help stakeholders to devise and align market strategies according to the current and future market dynamics.
Angola Diesel Genset Market Synopsis
Angola diesel genset market is anticipated to witness modest growth during the forecast period. Diesel gensets in Angola are deployed across domains such as commercial, industrial, and transportation to provide a reliable and uninterrupted power supply. The growing electricity demand-supply gap, commercialization and industrialization are the key factors, which would drive the market for diesel gensets in Angola in the coming years. The growing demand for power in urban areas along with economic diversification plans would led to the growth of diesel gensets market. The outburst of COVID-19 has adversely impacted diesel genset market in 2020 as the government imposed nation-wide lockdown has led to the closure of all construction operations and disrupted the demand and supply of diesel genset systems. However, the market is expected to recover post pandemic due to the recommence of the economy.
According to 6Wresearch, Angola Diesel Genset Market size is projected to grow at a CAGR of 5.2% during 2021-2027. Rapid industrialization has resulted in the increasing demand for a continuous and reliable electricity source, which is expected to drive the diesel genset market in the coming years. Further, the increase in government initiatives that aim to develop private and public service sectors such as commercial, manufacturing, healthcare, creating a massive demand for power backup equipment for the developmental activities. The gensets are expected to witness growth during forecast period due to their lower cost and widespread use across various verticals.
Market by kVA Ratings Analysis
Diesel genset with rating 75.1 kVA-375 kVA has acquired the majority share in revenue for the year 2020, which are highly used in retail and commercial sectors, where power demand is moderate, accounts for the significant market revenue and volume share and are expected to retain its dominance over the forthcoming years.
Market by Application Analysis
Based on applications, industrial vertical emerged as the dominating segment in revenue terms in 2020 on account of widespread usage of gensets in factories and manufacturing plants. Power generation and oil & gas industries are the major users of diesel generators in the industrial segment. In coming years, commercial vertical is expected to witness significant growth with the ongoing construction activities across various verticals such as hospitality, IT, BFSI etc.
Key Attractiveness of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology - Sources of Information |
2.5 Robust Forecasting Model |
2.6 Assumptions |
3. Angola Diesel Genset Market Overview |
3.1 Angola Diesel Genset Market Revenues and Volume |
3.2 Angola Diesel Genset Market Industry Life Cycle |
3.3 Angola Diesel Genset Market Porter’s Five Forces |
4. Angola Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Angola Diesel Genset Market Trends |
6. Angola Diesel Genset Market Overview, By kVA Ratings |
6.1 Angola Diesel Genset Market Revenue & Volume Share, By kVA Ratings, 2020 & 2027F |
6.2 Angola Diesel Genset Market Revenues & Volume, By kVA Ratings, 2017-2027F |
6.3.1. Angola Up to 75 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
6.3.2. Angola 75.1-375 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
6.3.3. Angola 375.1-750 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
6.3.4. Angola 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
6.3.5. Angola Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2017-2027F |
7. Angola Diesel Genset Market Overview, By Applications |
7.1 Angola Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F |
7.2 Angola Diesel Genset Market Revenues, By Applications, 2017-2027F |
7.1.1. Angola Diesel Genset Market Revenues, By Commercial Application, 2017-2027F |
7.1.2. Angola Diesel Genset Market Revenues, By Industrial Application, 2017-2027F |
7.1.3. Angola Diesel Genset Market Revenues, By Residential Application, 2017-2027F |
7.1.4. Angola Diesel Genset Market Revenues, By Transportation & Infrastructure Application, 2017-2027F |
8. Angola Diesel Genset Market Key Performance Indicators |
9. Angola Diesel Genset Market Opportunity Assessment |
9.1 Angola Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F |
9.2 Angola Diesel Genset Market Opportunity Assessment, By Appplications, 2027F |
10. Angola Diesel Genset Market Competitive Landscape |
10.1 Angola Diesel Genset Market Competitive Benchmarking |
10.1.1 Angola Diesel Genset Market Competitive Benchmarking, By Technical Parameters |
10.2.2 Angola Diesel Genset Market Competitive Benchmarking, By Operating Parameters |
10.2 Angola Diesel Genset Market Competitive Landscape, By Companies |
11. Company Profiles |
11.1 Caterpillar Inc. |
11.2 Cummins Inc. |
11.3 Generac Power Systems, Inc. |
11.4 Himoinsa SL |
11.5 Atlas Copco |
11.6 Mitsubishi Heavy Industries Ltd. |
11.7 Kohler Co. |
11.8 MTU Energy Onsite Corporation |
12. Key Strategic Recommendations |
13. Disclaimer |
List of Figures |
Figure 1: Angola Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Units) |
Figure 2: Angola Construction Sector Outlook in GDP, 2019-2020, ($ Million) |
Figure 3: Investment in Railway in Angola, 2015-40F ($ Million) |
Figure 4: Investment in Airports in Angola, 2015-40F ($ Million) |
Figure 5: Angola Diesel Genset Market Revenues Share, By kVA Ratings, 2020 & 2027F |
Figure 6: Angola Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F |
Figure 7: Angola Diesel Genset Market Revenues Share, By Applications, 2020 & 2027F |
Figure 8: Angola Mining Sector Contribution in GDP, 2019-21E ($ Million) |
Figure 9: Angola Transport Sector in GDP, 2019-21 ($ Million) |
Figure 10: Angola Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F |
Figure 11: Angola Diesel Genset Market Opportunity Assessment, By Applications, 2027F |
Figure 12: Angola Diesel Genset Market Revenue Ranking, By Companies, 2020 |
List of Tables |
Table 1: Angola Diesel Genset Market Revenues, by kVA Ratings, 2017-2027F ($ Million) |
Table 2: Angola Diesel Genset Market Volumes, by kVA Ratings, 2017-2027F (Units) |
Table 3: Angola Diesel Genset Market Revenues, by Applications, 2017-2027F ($ Million) |
Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial (Hospitality, BFSI, IT & ITES, Construction, Healthcare, and Offices), Industrial, Transportation & Infrastructure (Government Buildings, and Public Infrastructure, such as Stadium, Museum, etc.)) and Competitive Landscape.
Product Code: ETC001812 | Publication Date: Feb 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 86 | No. of Figures: 23 | No. of Tables: 9 |
Angola Diesel Genset Market is anticipated to witness moderate growth in the coming years owing to slow economic growth in the country on the back of falling oil prices over the past few years. The oil industry that contributes about 90 percent of the GDP in the country is registering slow growth and decelerating the country’s economic growth. Owing to almost stagnant economic growth, the Angola diesel Genset market is expected to witness slow growth during the forecast period 2020-26F.
According to 6Wresearch, Angola Diesel Genset Market size is projected to witness growth during the forecast period 2020-26F. The growth and development of the telecom and manufacturing industry in the country are expected to benefit the growth of the Angola diesel Genset market during the forecast period on the back of rising needs for advancements and technical up gradations in such industries. Moreover, laws and strategies by the government such as the antitrust law and private sector law to induce the growth of the privatized electronic sector in the country are further projected to contribute towards the moderate growth of the Angola diesel Genset market six years down the line.
Diesel gensets are the primary source for standby mobile networks at off-grid locations in the country. Owing to the rising penetration of mobile phones across the country, there is substantial telecom infrastructure development expected over the coming years, thus further leading to an increase in the demand for diesel Genset in the coming years. Moreover, the rising inclination of the households, as well as industrialists towards uninterrupted electricity and rising concerns to prevent unavoidable power outages, are expected to further support the growth of Angola Diesel Genset market. Further, the widespread involvement of global manufacturers in the diesel Genset market is also expected to trigger the demand for technically advanced diesel gensets, further assisting the growth of the Angola diesel Genset market during the forecast period.
The Angola diesel Genset market report thoroughly covers the market by kVA rating, verticals, and regions. Angola Diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing Angola diesel Genset market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
Markets Covered
The Angola Diesel Genset market report provides a detailed analysis of the following market segments: