Malaysia Diesel Genset Market (2019-2025) | Value, Growth, Trends, Share, Size, Companies, Forecast, Revenue, Industry, Outlook & Analysis

Topics Covered in the Malaysia Diesel Genset Market

Malaysia 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.

Malaysia Diesel Genset Market Synopsis

Malaysia diesel genset market is anticipated to grow at a healthy rate over the coming years on account of carbon emission reduction targets set by the government at 40% by 2020 and 45% by 2030. However, a steady growth is expected in the construction industry in Malaysia due to significant government spending that would suffice the growth in demand for diesel genset in the country.

According to 6Wresearch, Malaysia Diesel Genset Market size is projected to grow at a CAGR of 3.0% during 2019-25. Government initiatives such as the Economic Transformation Program and the 11th Malaysian Plan are anticipated to drive the growth of the diesel genset market in the country, primarily in the construction, transportation and manufacturing industries during the forecast period.

The commercial and industrial sectors occupied significant Malaysia diesel genset market share in 2018. Additionally, Malaysia is emerging as a new manufacturing hub with many global companies setting up new manufacturing units in the country. The booming aerospace manufacturing industry, in particular, would act as a catalyst for the growth in demand for diesel gensets in the manufacturing domain in Malaysia.

The Malaysia diesel genset market report thoroughly covers the Malaysia diesel generator market by kVA rating and applications. The Malaysia diesel genset market outlook report provides an unbiased and detailed analysis of the Malaysia diesel genset market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Government policies and schemes introduced in the Malaysia Diesel Genset Market

The Malaysian government has been actively promoting renewable energy and energy efficiency initiatives, such as the Green Technology Financing Scheme (GTFS) and the Net Energy Metering (NEM) program. The GTFS provides funding for green technology projects, while the NEM program allows consumers to sell excess electricity generated by solar panels back to the grid. These initiatives could potentially reduce the demand for diesel gensets in the long run. The Malaysian government has initiated several measures aimed at reducing carbon emissions and promoting the adoption of renewable energy sources. The New Energy Policy (NEP) and the Alternative Energy Development Plan (AEDP) are two of these programs. The NEP aims to reduce the country's carbon emissions and increase the use of renewable energy sources. The AEDP, on the other hand, focuses on creating an ecosystem that promotes the adoption of renewable energy technologies.

Leading players in the Malaysia Diesel Genset Market

The Malaysia Diesel Genset Industry is fragmented, with many small and medium-sized players. Some notable key players in the industry include Caterpillar, Cummins, MTU Onsite Energy, and Generac. These companies have a strong presence in Malaysia and offer a wide range of products and services.

Market analysis by KVA Ratings

According to Dhaval, Research Manager, 6Wresearch, the segment between 5 kVA - 75 kVA will lead the growth in the Malaysia Diesel Genset Market. This is attributed to the increased demand for portable generators for household purposes such as backups during power outages. Additionally, this segment is also expected to experience an increase in demand as standby power for small businesses.

Market analysis By Applications

The commercial application segment is expected to be the leader in Malaysia Diesel Genset Market Growth. The growth is attributed to the construction industry and the expansion of office space in the country. The industrial application segment is expected to grow moderately as industries such as construction, oil & gas continue to expand in the country.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2015 to 2018.
• Base Year: 2018.
• Forecast Data until 2025.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

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

Malaysia Diesel Genset Market Report Covered:

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

• By kVA Rating:
  • 5.1- 75 kVA
  • 75.1- 375 kVA
  • 375.1- 750 kVA
  • 750.1- 1000 kVA
  • Above 1000 kVA
• By Applications:
  • Commercial
  • Residential
  • Industrial
  • Transportation and Public Infrastructure