Philippines Genset Rental Market Outlook (2020-2026) | Companies, COVID-19 IMPACT, Industry, Revenue, Trends, Size, Analysis, Growth, Share, Forecast & 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: ETC160011	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

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

Philippines Genset Rental Market Synopsis

As a result of the growing construction sector and infrastructure development, the Genset rental market in Philippines grew at a significant rate during the past years. However, a decline in market revenues is anticipated during the year 2020 on the back of pandemic covid-19 that has resulted in an economic slowdown with falling demand, production cuts, and suspension of projects for a temporary period. 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.

Philippines Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, the Philippines Genset Rental Market size is expected to grow at a CAGR of 10.9% during 2020-2026. Rising government support to revive economic growth and huge investments to be done in the construction and infrastructure sector in the country under the ‘build build build’ program, would augment the demand for rental power in the country, thereby, boosting the Genset rental market revenues during the forecast period.

Market Analysis By Types

On the back of its suitability for deployment across several sectors such as utility, manufacturing, and mining, diesel Genset accounted for the major share in Genset rental market revenues in the Philippines during 2019 and would continue to retain the dominant position over the coming years as well due to rising demand from mining, manufacturing and construction sector.

Philippines Genset Rental Market Outlook (2020-2026)

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

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