Myanmar Genset Rental Market Outlook (2020-2026) | Revenue, Analysis, Industry, Trends, Share, Growth, Forecast, Size, COVID-19 IMPACT, Companies & Value

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: ETC160013	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

Myanmar Genset Rental Market report comprehensively covers the market by Types, KVA ratings, Applications, Prime Applications, and Verticals. The Myanmar Genset Rental market outlook report provides an unbiased and detailed analysis of the Myanmar 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.

Myanmar Genset Rental Market Synopsis

A low grid power supply rate of the country has increased consumer dependency on rental gensets for power support in commercial and industrial sectors. On account of developments in the aforementioned sectors, the Genset rental market revenues witnessed a stable growth during 2016-19. 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, Myanmar Genset Rental Market size is expected to grow at a CAGR of 10.1% during 2020-2026. The pandemic covid-19 would lead to a decline in market revenues in 2020, however, with the gradual opening up of the economy and revival in consumer demand, the market revenues would start to recover in 2021. Additionally, expected growth in small level businesses and small manufacturing units in the country would also spur the demand for small and medium power rated rental gensets in the coming years.

Market Analysis By Types

The low price of diesel as compared to natural gas is one of the primary reason for higher preference towards diesel gensets in the country, on account of which diesel gensets accounted for a major share in the Genset rental market in 2019 and would continue to remain the major shareholder over the coming years as well.

Key Attractiveness of the Report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2016 to 2019.
Base Year: 2019
Forecast Data until 2026.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report

Myanmar Genset Rental Market Overview
Myanmar Genset Rental Market Outlook
Myanmar Genset Rental Market Forecast
Historical data & Forecast of Myanmar Genset Rental Market Revenues for the Period 2016-2026F
Historical data & Forecast of Myanmar Genset Rental Market Revenues, By Types, for the Period 2016-2026F
Historical data & Forecast of Myanmar Genset Rental Market Revenues, By kVA Rating, for the Period 2016-2026F
Historical data & Forecast of Myanmar Genset Rental Market Revenues, By Applications, for the Period 2016-2026F
Historical data & Forecast of Myanmar Genset Rental Market Revenues, By Prime Applications, for the Period 2016-2026F
Historical data & Forecast of Myanmar Genset Rental Market Revenues, By Verticals, for the Period 2016-2026F
Myanmar Genset Rental Market Drivers and Restraints
Myanmar Genset Rental Market Trends and Industry Life Cycle
Porter’s Five Force Analysis
Myanmar Genset Rental Market Opportunity Assessment
Myanmar Genset Rental Market Player’s Revenue Shares
Market Competitive Benchmarking
Company Profiles
Key Strategic Recommendations