Burundi Diesel Genset Market (2024-2030) | Analysis, Growth, Forecast, Outlook, Industry, Size, Share, Revenue, Companies, Trends & Value

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, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western And Southern) And Competitive Landscape

Product Code: ETC001470 Publication Date: Dec 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Burundi Diesel Genset Market Competition 2023

Burundi Diesel Genset market currently, in 2023, has witnessed an HHI of 2034, Which has increased slightly as compared to the HHI of 1599 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.

 Burundi Diesel Genset Market Competition 2023

Burundi Export Potential Assessment For Diesel Genset Market (Values in USD Thousand)


Burundi Export Potential Assessment For Diesel Genset Market (Values in USD Thousand)

Topics Covered in the Burundi Diesel Genset Market

Burundi Diesel Genset Market report thoroughly covers the market by KVA rating and application. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

Burundi Diesel Genset Market Synopsis

Burundi Diesel Genset Market is expected to grow in the forecast period on account the country's ever-increasing energy demand. With the national electricity provider struggling to provide a stable and consistent power supply, several commercial sectors have resorted to installing diesel gensets to supplement their power. From large manufacturing industries to small businesses, diesel gensets have become a necessity for most commercial enterprises in Burundi. Burundi, a small country located in Central-East Africa with an estimated population of 12 million, is facing a range of energy supply challenges, including high electricity costs, frequent power cuts, and the absence of grid connections in rural areas. In this context, diesel gensets are seen as a reliable and cost-effective solution for households, small businesses, and industries alike.

According to 6Wresearch, the Burundi Diesel Genset Market size is projected to grow at the CAGR of 5.5% during the forecast period of 2024-2030. The demand for diesel generators in Burundi is driven by the limited access to electricity, which has led to frequent blackouts across the country. The situation has been exacerbated by the growth of industries that require a stable supply of electricity. Increasingly, businesses in Burundi are looking to diesel generators as a reliable source of power. The gensets are also used in the agriculture sector, which is a major contributor to the country's economy. With Burundi aiming to achieve its development objectives, diesel generators provide a reliable, affordable and accessible solution to power challenges. There are certain challenges present in the Burundi Diesel Genset Industry. One of the main challenges facing diesel genset manufacturers in Burundi is the availability of spare parts and maintenance services. The lack of established distribution channels has created a bottleneck for manufacturers, often leading to lengthy wait times and higher costs. With the country struggling to increase its power generation capacity, the market for diesel gensets remains highly competitive, with quality and pricing being key differentiators.

Government policies and schemes introduced in the Burundi Diesel Genset Market

The Burundian government recognizes the importance of reliable power supply and has implemented several initiatives to improve the energy sector. Some of the recent initiatives by the government include the Kabu 16 MW hydropower plant project, which is expected to provide electricity to over 50,000 households. Additionally, the government has partnered with the African Development Bank to implement the Burundi Backbone System project, a 660-kilometer fiber optic network that will provide affordable internet access, and improve the country's digital revolution. These initiatives present an opportunity for diesel genset manufacturers to provide reliable power backup to the newly implemented infrastructure and this has augmented Burundi Diesel Genset Market Growth.

Leading players in the Burundi Diesel Genset Market

The Burundian diesel genset market is fragmented, with both local and international players operating in the sector and it has led to rise in Burundi Diesel Genset Market Share. Some of the notable players in the market include Cummins Inc., Generac Power Systems, John Deere, Atlas Copco, Caterpillar Inc., and MTU Onsite Energy.Cummins Inc., a leading diesel genset manufacturer, has partnered with local Burundian firms, such as Powermec Burundi Ltd, to supply and maintain diesel gensets across the country. The company's gensets have been installed in various critical installations such as hospitals, banks, and telecommunication sites.

Market analysis by KVA Rating

According to Shivankar, Research Manager, 6Wresearch, The Burundi diesel genset market can be segmented based on kVA rating, starting from 5 kVA to over 1000 kVA. Among these, the 75.1 kVA – 375 kVA segment is expected to grow significantly in the coming years. This can be attributed to the expanding industrial and commercial applications, especially in regions such as Bujumbura, the nation's capital. The country's infrastructure investments are also expected to fuel growth in this segment.

Market analysis by Application

By Applications, Diesel genset market in Burundi is segmented into residential, commercial, industrial, and transportation & public infrastructure. The residential genset segment is expected to grow at a faster rate as higher numbers of homes adopt diesel gensets to supplement the country’s unreliable grid system. The commercial genset segment is likely to grow as businesses seek to augment their power supply and reduce downtime. The industrial segment is likely to experience moderate growth as the country’s industries continue to develop. Lastly, the transportation and public infrastructure segment mainly includes airports, railways, and public transport systems, is also expected to experience a moderate growth rate.

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Burundi   Diesel Genset Market Outlook
  • Market Size of Burundi Diesel Genset Market, 2023
  • Forecast of Burundi   Diesel Genset Market, 2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues & Volume for the Period 2020 - 2030
  • Burundi Diesel Genset Market Trend Evolution
  • Burundi Diesel Genset Market Drivers and Challenges
  • Burundi Diesel Genset Market Price Trends
  • Burundi Diesel Genset Market Porter's Five Forces
  • Burundi Diesel Genset Market Industry Life Cycle
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by KVA ratings for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Application for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Residential for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Commercial for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Industrial for the Period 2020-2030
  • Historical Data and Forecast of Burundi Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2020-2030
  • Burundi Diesel Genset Market Import Export Trade Statistics
  • Market Opportunity Assessment by KVA ratings
  • Market Opportunity Assessment by Application
  • Burundi Diesel Genset Market Top Companies Market Share
  • Burundi Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
  • Burundi Diesel Genset Market Company Profiles
  • Burundi Diesel Genset Market Key Strategic Recommendation

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By kVA Rating

  • 5 kVA - 75 kVA
  • 75.1 kVA – 375 kVA
  • 375.1 kVA - 750 kVA
  • 750.1 KVA-1000 KVA
  •  Above 1000 KVA

By Applications

  • Residential
  • Commercial
  • Industrial
  • Transportation & public Infrastructure
Frequently Asked Questions About the Market Study (FAQs):
The residential genset segment is expected to grow at a faster rate as higher numbers of homes adopt diesel gensets to supplement the country’s unreliable grid system.
Some of the notable players in the market include Cummins Inc., Generac Power Systems, John Deere, Atlas Copco, Caterpillar Inc., and MTU Onsite Energy. Cummins Inc.
One of the main challenges facing diesel genset manufacturers in Burundi is the availability of spare parts and maintenance services
The Burundi Diesel Genset Market size is projected to grow at the CAGR of 5.5 % during the forecast period.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Burundi Diesel Genset Market Overview
3.1 Burundi Country Macro Economic Indicators
3.2 Burundi Diesel Genset Market Revenues & Volume, 2020 & 2030F
3.3 Burundi Diesel Genset Market- Industry Life Cycle
3.4 Burundi Diesel Genset Market- Porter's Five Forces
3.5 Burundi Diesel Genset Market Revenues & Volume Share, By KVA rating , 2023 & 2030F
3.6 Burundi Diesel Genset Market Revenues & Volume Share, By Application 2023 & 2030F
4 Burundi Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Burundi Diesel Genset Market Trends
6. Burundi Diesel Genset Market, By  KVA Ratings
6.1 Burundi Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA  2020 & 2030F
6.2 Burundi Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2020 & 2030F
6.3 Burundi Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2020 & 2030F
6.3 Burundi Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2020 & 2030F
6.3 Burundi Diesel Genset Market Revenues & Volume, By  Above 1000 KVA, 2020 & 2030F
7 Burundi Diesel Genset Market, By Application
7.1  Burundi Diesel Genset Market Revenues & Volume, By Residential, 2020 & 2030F
7.2 Burundi Diesel Genset Market Revenues & Volume, By  Commercial,  2020 & 2030F
7.3 Burundi Diesel Genset Market Revenues & Volume, By Industrial, 2020 & 2030F
7.3 Burundi Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2020 & 2030F
8 Burundi Diesel Genset Market Import-Export Trade Statistics
8.1 Burundi Diesel Genset Market Export to Major Countries
8.2 Burundi Diesel Genset Market Imports from Major Countries
9 Burundi Diesel Genset Market Key Performance Indicators
10 Burundi Diesel Genset Market- Opportunity Assessment
10.1 Burundi Diesel Genset Market Opportunity Assessment, By  KVA rating , 2030
10.2 Burundi Diesel Genset Market Opportunity Assessment, By Application, 2030
11 Burundi Diesel Genset Market- Competitive Landscape
11.1 Burundi Diesel Genset Market Revenue Share, By Companies, 2023
11.2 Burundi Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer

Burundi Diesel Genset Market

 

Market Report By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 Kva, 375.1 kVA-750 kVA And Above 750 kVA), By Verticals (Residential, Commercial, Industrial, Transportation & Infrastructure), By Regions (Eastern Region, Western Region, Northern Region, Southern Region) And Competitive Landscape.

Product Code: ETC001470 Publication Date: Dec 2019 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 22 No. of Tables: 2

Burundi Diesel Genset Market Synopsis

Burundi Diesel Genset Market is anticipated to witness potential growth in the upcoming six years owing to rising developments in the aviation, healthcare, and government bodies steering the demand for reliable and uninterrupted power supply. Further, the falling battery prices of the UPS systems are expected to boost the growth of the product market in the near future. Moreover, growth in the hospitality sector in the country, the product market would register potential growth in the coming years.

The economy of Burundi is recovering slowly after two consecutive years of recession in 2015 (-3.9%) and 2016 (-0.6%). The diesel Genset market of Burundi witnessed sluggish growth during the last few years owing to political instability and fuel shortages in 2017 due to a lack of hard currency which brought many businesses to a standstill. During the forecast period, the diesel Genset market in the country is anticipated to witness a moderate growth owing to increasing reports of a power failure and rising demand for diesel generators across all verticals as a source of backup power. Moreover, the diesel Genset market of Burundi is primarily import driven due to the lack of OEM manufacturers of diesel Gensets in the country

According to 6Wresearch, the Burundi Diesel Genset Market size is projected to grow at a CAGR of 4.8% during 2019–25. In Burundi, diesel Gensets with a 75.1 – 375 kVA rating, accounted for the majority of the revenue share in the overall market in 2018, due to increasing demand for diesel Gensets across various sectors such as banking, power utilities, and construction. Additionally, increasing utilization of lower rating Gensets across domains, such as telecom infrastructure, unreliable and off-grid areas, and other commercial sectors, would help the 5 - 75 kVA diesel Genset segment to register higher growth during the forecast period.

By applications, the industrial and commercial sector accounted for the highest revenue share in the overall Burundi diesel Genset market share in 2018 owing to increasing usage of diesel Genset in the power utility segment, rising number of commercial offices, and a sudden boost of mineral exports to the USA due to China-USA trade war. Moreover, an increasing number of telecom towers running on diesel Genset in the country is one of the key drivers in the growth of diesel Gensets during the forecast period.

The Burundi diesel Genset market report thoroughly covers the market by kVA rating, verticals, and regions. Burundi diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing Burundi 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.

Burundi Diesel Genset Market is anticipated to register growth in the coming years owing to rising government efforts towards enhancing electrification in the country. However, owing to the rising electrification rate, there is no access to the electric grid in Burundi and is expected to benefit the growth of the Burundi Diesel Genset market in the coming years. Moreover, the power industry as one of the major contributors towards the economic and industrial growth in the country, along with the focal point for growth assistance and support by the government is anticipated to bring in new avenues for growth of the Burundi diesel Genset market during the forecast period.

Burundi Diesel Genset Market is anticipated to witness moderate growth in the coming years owing to slow economic growth in the country. Backed by falling oil prices over the past few years, the oil industry that contributes to about 90 percent of the GDP in the country is registering slow growth and decelerating Burundi’s economic growth. Owing to almost stagnant economic growth in the country, the Burundi diesel Genset market is expected to witness slow growth during the forecast period 2020-26F. The growth of the diesel Genset market would support the development of the telecom and manufacturing industry in the country. Rising needs for advancements and technical upgrades in the manufacturing and telecom industry are anticipated to drive the Burundi diesel Genset market growth in the years to come. Moreover, laws and strategies by the government such as the antitrust law and private sector law to induce privatized electronic sector development in the country are further projected to contribute towards the sound growth of the Burundi diesel Genset market six years down the line. Diesel Gensets are the primary source for standby mobile networks at off-grid locations. Moreover, the rising adoption of low-cost mobile phones in the country on the back of upgrades in the telecom industry is expected to induce demand for diesel Gensets in Burundi. Moreover, rising inclination of the households as well as the industrialists towards uninterrupted electricity and rising concerns towards unavoidable power outages. Moreover, the widespread involvement of global manufacturers in the diesel Genset market is also expected to trigger the growth of technically advanced diesel gen-sets, further, assisting the growth of the Burundi diesel Genset market during the forecast period.

Key Highlights of the Report

  • Burundi Diesel Genset Market Overview
  • Burundi Diesel Genset Market Outlook
  • Burundi Diesel Genset Market Forecast
  • Burundi Diesel Genset Market Size
  • Burundi Diesel Genset Market Forecast of revenues until 2025
  • Historical Data of Burundi Diesel Genset Market Revenues and Volume for the Period 2015-2018
  • Market Size & Forecast of Burundi Diesel Genset Market Revenues and Volume until 2025
  • Historical Data of Burundi Diesel Genset Market Revenues & Volume, by kVA Rating for the Period 2015-2018
  • Market Size & Forecast of Burundi Diesel Genset Market Revenues & Volume, by kVA Rating until 2025
  • Historical Data of Burundi Diesel Genset Market Revenues, By Applications for the Period 2015-2018
  • Market Size & Forecast of Burundi Diesel Genset Market Revenues, By Applications until 2025
  • Historical Data of Burundi Diesel Genset Market Revenues, By Regions for the Period 2015-2018
  • Market Size & Forecast of Burundi Diesel Genset Market Revenues, By Regions until 2025
  • Burundi Diesel Genset Market Price Trends
  • Burundi Diesel Gensets Market Drivers and Restraints
  • Burundi Diesel Genset Market Trends
  • Burundi Diesel Genset Market Share, By Companies
  • Burundi Diesel Genset Market Overview on Competitive Benchmarking
  • Company Profiles
  • Strategic Recommendations

Markets Covered

The Burundi Diesel Genset market report provides a detailed analysis of the following market segments:

  • By kVA Rating
    • 5 kVA - 75 kVA
    • 75.1 kVA – 375 kVA
    • 375.1 kVA - 750 kVA
    • Above 750 kVA
  • By Applications
    • Residential
    • Commercial
    • Industrial
    • Transportation & Infrastructure
  • By Regions
    • Northern
    • Eastern
    • Western
    • Southern

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