Ethiopia Diesel Genset Market (2021-2027) | Value, Analysis, Outlook, Share, Growth, Revenue, Forecast, Trends, Companies, COVID-19 IMPACT, Size & Industry

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 Verticals (Residential, Commercial, Industrial and Transportation & Infrastructure), By Regions (Northern and Southern) and Competitive Landscape

Product Code: ETC060971 Publication Date: Aug 2021 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 24 No. of Tables: 5

Ethiopia Diesel Genset Market Competition 2023

Ethiopia Diesel Genset market currently, in 2023, has witnessed an HHI of 3602, Which has increased slightly as compared to the HHI of 2728 in 2017. The market is moving towards concentrated. 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.

Ethiopia Diesel Genset Market Competition 2023

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


topic

Ethiopia Diesel Genset Market report comprehensively covers the Diesel Genset market by kVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the diesel Genset market on-going trends, opportunities, high growth areas, market drivers, and market share by companies which would help the stakeholders to devise and align their market strategies to the current and future market dynamics.

Ethiopia Diesel Genset Market Synopsis

Ethiopia Diesel Genset Market declined in 2020 due to the ongoing pandemic of COVID-19, which caused a halt to economic and manufacturing activities across the country. The Ethiopian market is primarily import-driven, and disruptions in the supply chain and international trade have significantly impacted the diesel genset market in the country. However, an upsurge in the construction activities, tourism sector, and manufacturing sectors under the ambit of “Growth and Transformation Plan-III” and Ethiopia vision 2025 plan is anticipated to boost the diesel genset market in the upcoming years. Projects such as the Awash railway project, 250ha agricultural processing park, Public Service Depo Jemo site, among others launched by the Ethiopian government, would act as catalysts for the overall growth of the diesel genset market in Ethiopia.

According to 6Wresearch, Ethiopia Diesel Genset Market size is projected to grow at CAGR of 7.5% during 2021-27. Attributed to the presence of a robust industrial sector in Ethiopia along with a rapidly growing automotive sector, the diesel gensets market in the country accounted for a major share in the market. However, the market is projected to exhibit highest growth rate on account of flourishing construction and industrial segments providing immense opportunities for the diesel gensets demand in the country during the forecast period. Further, the Ethiopia Vision 2030 and the National Transformation Programme 2020 are a few of the government initiatives, which aims at developing and strengthening public service sectors such as healthcare, education, infrastructure and tourism, creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for Diesel Genset Market in Ethiopia.

Ethiopia Diesel Genset Market

Market Analysis by Application

By applications segment, the industrial sector accounted for the highest revenue share in the overall market in 2020 owing to increasing industrial output and the upcoming industrial parks in the country. Moreover, the increasing number of textile and leather manufacturing industries has also raised the demand for diesel gensets over the last few years. The Ethiopian government is taking a proactive approach to make Ethiopia a light manufacturing hub in Africa and a lower-middle-income economy by 2025. Further, during the forecast period, the commercial segment is anticipated to exhibit the highest growth due to hotel expansions and the flourishing banking industry in the country.

Market Analysis by kVA Rating

In Ethiopia, Diesel Gensets with a rating of 75.1 kVA-375 kVA accounted for the majority of revenue share in the overall market in 2020 due to increased demand for diesel gensets across sectors such as hospitality, industrial, mining, and construction. Growing road infrastructure investment would further drive the market as the Ethiopian government intends to invest around $194 mn to construct four new roads comprising a length of 299 km. Increasing utilization of lower power rating gensets across domains, such as telecom infrastructure and the commercial sector, would help the 75.1 kVA-375 kVA diesel genset market segment maintain its dominance throughout the forecast period.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Ethiopia Diesel Genset Market Overview
  • Ethiopia Diesel Genset Market Outlook
  • Ethiopia Diesel Genset Market Forecast
  • Historical Data and Forecast of Ethiopia Diesel Genset Market Revenues for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues and Volume, By kVA Ratings, for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues, By Verticals, for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues, By Regions, for the Period 2017-2027F
  • Market Drivers and Restraints
  • Ethiopia Diesel Genset Market Trends
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Ethiopia Diesel Genset Market Share, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The 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
  • 750.1 kVA-1000 kVA
  • Above 1000 kVA

By Verticals 

  • Residential
  • Commercial
  • Industrial
  • Transportation & Infrastructure

By Regions 

  • Northern
  • Southern
Ethiopia Diesel Genset Market: FAQs
The report not only has considered COVID-19 impact but also current Market dynamics, trends and KPIs into consideration.
The Ethiopia Diesel Genset Market revenue is anticipated to record a CAGR of 7.5% during 2021-27.
Industrial sector has dominated the overall Market revenues in the year 2020.
75.1 kVA – 375 kVA expected to record key growth throughout the forecast period 2021-27.
The key players of the Market include- Atlas Copco Industrial Equipment Co., Caterpillar Inc., Cummins Inc., Aksa Power Generation, Deutz AG, Kirloskar Oil Engines Limited , Generac Power Systems, Inc, Yanmar Holdings Co. Ltd., Kohler Co., MTU Onsite Energy Corporation, JET Electric Machinery Co. Ltd
6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.
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.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. Ethiopia Diesel Genset Market Overview

3.1 Ethiopia Diesel Genset Market Revenues and Volume, 2017-2027F

3.2 Ethiopia Diesel Genset Market-Industry Life Cycle

3.3 Ethiopia Diesel Genset Market-Porter’s Five Forces

3.4 Ethiopia Diesel Genset Market Revenue and Volume Share, By kVA Ratings, 2020 & 2027F

3.5 Ethiopia Diesel Genset Market Revenues and Volume Share, By Applications, 2020 & 2027F

3.6 Ethiopia Diesel Genset Market Revenues Share, By Regions, 2020 & 2027F

4. Ethiopia Diesel Genset Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. Ethiopia Diesel Genset Market Trends

6. Ethiopia Diesel Genset Market Overview, By kVA Ratings

6.1 Ethiopia Diesel Genset Market Revenues and Volume, By Up to 75 kVA, 2017-2027F

6.2 Ethiopia Diesel Genset Market Revenues and Volume, By 75.1 KVA - 375 kVA, 2017-2027F

6.3 Ethiopia Diesel Genset Market Revenues and Volume, By 375.1 KVA - 750 kVA, 2017-2027F

6.4 Ethiopia Diesel Genset Market Revenues and Volume, By 750.1 KVA - 1000 kVA, 2017-2027F

6.5 Ethiopia Diesel Genset Market Revenues and Volume, By Above 1000 kVA, 2017-2027F

7. Ethiopia Diesel Genset Market, By Applications

7.1 Ethiopia Diesel Genset Market Revenues, By Commercial, 2017-2027F

7.2 Ethiopia Diesel Genset Market Revenues, By Industrial, 2017-2027F

7.3 Ethiopia Diesel Genset Market Revenues, By Residential, 2017-2027F

7.4 Ethiopia Diesel Genset Market Revenues, By Transportation & Infrastructure, 2017-2027F

8. Ethiopia Diesel Genset Market, By Regions

8.1 Ethiopia Diesel Genset Market Revenues, By Northern Region, 2017-2027F

8.2 Ethiopia Diesel Genset Market Revenues, By Southern Region, 2017-2027F

9. Ethiopia Diesel Genset Market Key Performance Indicators

10. Ethiopia Diesel Genset Market Opportunity Assessment

10.1 Ethiopia Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F

10.2 Ethiopia Diesel Genset Market Opportunity Assessment, By Verticals, 2027F

10.3 Ethiopia Diesel Genset Market Opportunity Assessment, By Regions, 2027F

11. Ethiopia Diesel Genset Market Competitive Landscape

11.1 Ethiopia Diesel Genset Market Revenues Share, By Company, 2020

11.2 Ethiopia Diesel Genset Market Competitive Benchmarking, By Technical Parameters

11.3 Ethiopia Diesel Genset Market Competitive Benchmarking, By Operating Parameters

12. Company Profiles

12.1 Atlas Copco Industrial Equipment Co.

12.2 Caterpillar Inc.

12.3 Cummins Inc.

12.4 Aksa Power Generation

12.5 Deutz AG

12.6 Kirloskar Oil Engines Limited 

12.7 Generac Power Systems, Inc

12.8 Yanmar Holdings Co. Ltd.

12.9 Kohler Co.

12.10 MTU Onsite Energy Corporation

12.11 JET Electric Machinery Co. Ltd

13. Key Strategic Recommendation

14. Disclaimer

List of Figures

Figure 1. Ethiopia Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Units)

Figure 2. Ethiopia Diesel Genset Market Revenue Share, By kVA Ratings, 2020 & 2027F

Figure 3. Ethiopia Diesel Genset Market Volume Share, By kVA Ratings, 2020 & 2027F

Figure 4. Ethiopia Diesel Genset Market Revenue Share, By KVA Applications, 2020 & 2027F

Figure 5. Ethiopia Diesel Genset Market Revenue Share, By Regions, 2020 & 2027F

Figure 6. Ethiopia Industrial Sector Growth Rate, 2014-2019 (% Y-o-Y)

Figure 7. Ethiopia Industrial Sector GDP Share, 2014-2019 (% of Total)

Figure 8. Ethiopia Electricity Access, 2014-2019 (% of Population)

Figure 9. Ethiopia Diesel Genset Market Revenues, By Up to 75 KVA Ratings, 2017-2027F ($ Million)

Figure 10. Ethiopia Diesel Genset Market Revenues, By 75.1 KVA - 375 KVA , 2017-2027F ($ Million)

Figure 11. Ethiopia Diesel Genset Market Revenues, By 375.1 KVA - 750 KVA, 2017-2027F ($ Million)

Figure 12. Ethiopia Diesel Genset Market Revenues, By 750.1 KVA - 1000 KVA, 2017-2027F ($ Million)

Figure 13. Ethiopia Diesel Genset Market Revenues, By Above 1000 KVA, 2017-2027F ($ Million)

Figure 14. Ethiopia Diesel Genset Market Revenues, By Northern Region, 2017–2027F ($ Million)

Figure 15. Ethiopia Diesel Genset Market Revenues, By Southern Region, 2017–2027F ($ Million)

Figure 16. Ethiopia Sectoral Contribution to GDP, 2014-2019 (Billion Birr)

Figure 17. Ethiopia Sectoral Contribution to GDP Share, 2014-2019

Figure 18. Ethiopia Manufacturing Sector GDP Share, 2014-2019

Figure 19. Ethiopia Manufacturing Sector Value added, 2014-2019  (current US$)

Figure 20. Ethiopia Manufacturing Sector Annual Growth Rate, 2014-2019

Figure 21. Ethiopia Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2027F

Figure 22. Ethiopia Diesel Genset Market Opportunity Assessment, By Applications, 2027F

Figure 23. Ethiopia Diesel Genset Market Opportunity Assessment, By Applications, 2027F

Figure 24. Ethiopia Diesel Genset Market Revenue Share, By Companies, 2020

  List of Tables

Table 1. Ethiopia Ongoing Mega Construction Projects, 2021

Table 2. Ethiopia Diesel Genset Market Revenues, By Applications, 2017–2027F ($ Million)

Table 3. Ethiopia Ongoing Hotel Projects, 2021

Table 4. Ethiopia Agriculture, Industry and Services GDP and Growth Rate, 2014-2019

 

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All