Market Forecast By Types (Diesel Genset Rental, Gas Genset Rental), By KVA Rating (Diesel Genset (Below 100 KVA, 100.1-350 KVA, 350.1-750 KVA, 750.1-1000 KVA, Above 1000 KVA), Gas Genset (Below 100 KVA, 100.1-375 KVA, 375.1-1000 KVA, Above 1000 KVA)), By Applications (Standby Genset Rental, Prime/ Continuous Genset Rental), By Prime Applications (Peak Load, Base Load), By Verticals (Utilities, Oil & Gas, Construction, Manufacturing, Quarrying & Mining, Commercial, Others (Agriculture, Municipal Work, And Events)) And Competitive Landscape
Product Code: ETC160041 | Publication Date: Feb 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 12 | No. of Tables: 4 |
Ethiopia Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Ethiopia Genset Rental market outlook report provides an unbiased and detailed analysis of the Ethiopia Genset Rental 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.
Ethiopia is one of the fastest-growing economies in the African continent. The industrial sector is a major contributor to the GDP of the country, enabled by development in the energy sector. Further, the increasing rate of urbanization, growing population, emerging power & manufacturing sector, and rising purchasing power in the country are some of the key drivers for the growth of the industrial sector in Ethiopia. However, the Covid-19 pandemic had slowed down the market in terms of the supply of the product during 2020. While on the other hand, the demand side also fell victim to the slowdown due to the market being closed during the lockdown period. Currently, the market has recovered gradually and is likely to witness growth over the coming years.
According to 6Wresearch, Ethiopia Genset Rental Market size is expected to grow at a CAGR of 12.4% during 2020-to 2026. The current electricity generation in Ethiopia is pegged at less than 1/4th of its requirement, which is further expected to propel the demand for rental gensets in the country during the forecast period.
Owing to the easy availability & economical cost of diesel in the country and the requirement of less infrastructure for its operations, diesel gensets accounted for a major share in the Genset rental market in Ethiopia during 2019 and would continue to remain the dominant shareholder in the coming years as well.
The report provides a detailed analysis of the following market segments:
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 Genset Rental Market Overview |
3.1 Ethiopia Genset Rental Market Revenues, 2016-2026F |
3.2 Ethiopia Genset Rental Market Industry Life Cycle |
3.3 Ethiopia Genset Rental Market Porter’s Five Forces Model |
3.4 Ethiopia Genset Rental Market Ecosystem |
3.5 Ethiopia Genset Rental Market Revenue Share, By Types, 2019 & 2026F |
3.6 Ethiopia Genset Rental Market Revenue Share, By Applications, 2019 & 2026F |
4. Ethiopia Genset Rental Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Ethiopia Genset Rental Market Trends |
6. Ethiopia Genset Rental Market Overview |
6.1 Ethiopia Genset Rental Market Revenues |
6.2 Ethiopia Genset Rental Market Revenue Share and Revenues, By Types |
6.3 Ethiopia Genset Rental Market Revenue Share and Revenues, By Applications |
7. Ethiopia Genset Rental Market - Opportunity Assessment |
7.1 Ethiopia Genset Rental Market Opportunity Assessment, 2026F |
8. Ethiopia Genset Rental Market - Competitive Landscape |
8.1 Ethiopia Genset Rental Market Revenue Share, By Company, 2019 |
8.2 Ethiopia Genset Rental Market Competitive Benchmarking, 2019 |
8.3 Ethiopia Genset Rental Market Competitive Benchmarking, on Technical Parameters, 2019 |
9. Company Profiles |
9.1 Aggreko PLC |
9.2 Atlas Copco |
9.3 Caterpillar Inc. |
9.4 Cummins Inc. |
9.5 Aksa Power Generation |
9.6 Teksan |
9.7 APR Energy |
9.8 Himoinsa S.L. |
9.9 United Rentals Inc. |
9.10 AGCO Corporation |
10. Key Strategic Recommendations |
11. Disclaimer |