South Africa Diesel Genset (Generator) Market (2021-2027) | Trends, Size, Industry, Value, Revenue, Analysis, Growth, Share, Segmentation, Outlook & COVID-19 IMPACT

South Africa Diesel Genset Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by the UK. It has registered a decline of -17.65% over the previous year. While the UK registered a decline of -24.58% as compared to the previous year. In the year 2017, the UK was the largest exporter followed by France. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, South Africa has a Herfindahl index of 1919 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  2097 which signifies moderately concentrated in the market.

South Africa Diesel Genset Market - Export Market Opportunities

Topics Covered in the South Africa Diesel Genset Market

South Africa Diesel Genset (Generator) 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 ongoing 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.

Latest Development (2023) of the South Africa Diesel Genset (Generator) Market

South Africa Diesel Genset Market is experiencing major growth in recent years. The companies are investing in diesel gensets as backup power due to frequent power cuts and an increase in demand for reliable power supply. The advancement in technology and sustainability are the latest development in the market. The gensets machines which run on biodiesel and natural gas are expected to gain popularity. The increasing trend towards energy efficiency to reduce the carbon footprint is another major trend in the market. The producers are focused on manufacturing generators that have a lower rate of emission and better fuel consumption. There is a prevalence of remote monitoring systems in the year 2023 through which the performance of the genset can be tracked from a distance. For those who rely on a backup power supply, these features will provide peace and convenience to them. The South Africa Diesel Genset Industry is continuously evolving due to the latest technologies and advancement of eco-friendly solutions.

South Africa Diesel Genset Market Synopsis

South Africa Diesel Genset Market is anticipated to gain sound growth projections in the coming time zone. Efforts of the government of the country toward the power industry rebound are also expected to significantly contribute to the South Africa Diesel Generator Market Growth. Moreover, construction in the healthcare infrastructure and health & wellness centers is anticipated to significantly contribute towards raising the demand for efficient electricity-supporting products. South Africa is projected to be benefitted from infrastructural advancements in the country during the forecast period. South Africa Diesel Generator Market is anticipated to witness modest growth during the forecast period. Increasing construction activities, the establishment of business hubs & industries, and infrastructure development have resulted in the development of power infrastructure, which has amplified the demand for diesel gensets in South Africa. South Africa Diesel Genset Market is a significant part of the Africa Diesel Genset Market and due to this, there is a positive impact on the market.

According to 6Wresearch, South Africa Diesel Genset Market size is projected to grow at CAGR of 2.2% during 2021-2027. The country’s focus on the 4th / Digital Industrial Revolution has led to a growing need for stable and constant power solutions, which is projected to drive the diesel generator industry in the coming years. In addition, a range of government projects such as Vision 2025, National Transport Master Plan 2050, and National Development Plan 2030, aimed at improving and enhancing the sectors such as manufacturing, commercial, and retail, would create a huge market for power backup equipment and thus would contribute to a rise in demand for diesel generators in South Africa. Additionally, the rising shortage of regular power supply especially in rural areas is driving the development of the market. The surging demand for uninterrupted power supply coupled with an increasing number of data centers is leading to South Africa Diesel Genset Market Growth.

Market by KVA

According to Dhaval, Research Manager, 6Wresearch, on the basis of KVA rating, 75.1- 365 kVA diesel gensets captured the majority of the volume share in the overall market in 2020 and are expected to register the highest volume growth during the forecast period due to growing power demand in the residential and construction sectors.

Market by Applications

On the basis of application, the market is segmented into Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transportation & Infrastructure. The commercial segment will dominate the market due to the requirement of constant power supply.

Market by Regions

On the basis of regions, the market is segmented into Eastern Region and Western Region. Both regions are expected to witness growth on account of the increasing healthcare and telecommunication sectors in the region.

COVID-19 Impact on South Africa Diesel Genset (Generator) Market

The Diesel Genset Market in South Africa was profoundly impacted by the outbreak of the Pandemic. The country was facing economic challenges and businesses found it difficult to remain operational during the pandemic due to constant power outages and load shedding. There was an unavailability of the skilled technician for the maintenance and installation due to implementation of the social distancing norms and lockdowns. The shipping delays due to trade restrictions also caused a major challenge in receiving the essential part and components for the repair. The pandemic brought economic uncertainty and the business started to cut down the cost due to this many businesses chose not to invest heavily in the power backup solutions as it was not financially viable. The COVID -19 negatively impacted the market and but there are ample opportunities of growth in the market.

South Africa Diesel Genset (Generator) Market: Key Players

These are the key players in the market who have contributed immensely to the growth of the market and It has led to an increase in the South Africa Diesel Genset Market Share.

• Cummins Inc.
• Caterpillar Inc.
• MTU Onsite Energy
• Atlas Copco AB
• Himoinsa S.L.
• Yanmar Holdings Co., Ltd.
• Kohler Co.
• Doosan Corporation
• Mitsubishi Heavy Industries, Ltd.
• Wärtsilä Corporation

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

• South Africa Diesel Genset Market Overview.
• South Africa Diesel Genset Market Outlook.
• South Africa Diesel Genset Market Forecast.
• Historical data and forecast of South Africa Diesel Genset Market Revenues and Volume, for the Period, 2017-2027F.
• Historical data and Forecast of Revenues and Volume, By kVA Ratings, for the Period, 2017-2027F.
• Historical data and Forecast of Revenues and Volume, By Applications, for the Period, 2017-2027F.
• Historical data and Forecast of Revenues and Volume, By Regions, for the Period, 2017-2027F.
• Market Drivers and Restraints
• South Africa Diesel Genset Market Trends
• Industry Life Cycle
• Porter’s Five Forces Analysis
• Market Opportunity Assessment
• South Africa 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 Ratings

• Up to 75 kVA
• 75.1 – 375 kVA
• 375.1 - 750 kVA
• 750.1 - 1000 kVA
• Above 1000 kVA

By Applications

• Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices)
• Industrial
• Residential
• Transportation & Infrastructure

By Regions

• Eastern Region
• Western Region