Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), And Competitive Landscape
Product Code: ETC001313 | Publication Date: Jan 2024 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Diesel Genset market currently, in 2023, has witnessed an HHI of 6143, Which has increased slightly as compared to the HHI of 3245 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Indonesia 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.
Indonesia Diesel Genset Market is expected to grow in the forecast period as Indonesia is the world's fourth most populous country and is rapidly developing and urbanizing. With increased industrialization and rising demand for electricity, the need for a reliable power backup has become imperative. Diesel gensets have emerged as a critical component of the country's power infrastructure. The diesel genset market has grown significantly, especially with the government policies promoting the usage of renewable energy. Growing migration in the country drives the increased demand for power supply further propelling the growth of the market. Moreover, the strengthening of the construction sector backed by the increasing establishment of government offices, private complexes, and shopping malls is driving the growth of the market. The Indonesian diesel genset market has been a rapidly growing industry, owing to the country's high demand for electricity. Due to the lack of reliable power infrastructure in many parts of the country, gensets have become a primary source of power.
According to 6Wresearch, the Indonesia Diesel Genset Market size is projected to grow at the CAGR of 6.5% during the forecast period of 2025-2031. Electricity demand in Indonesia has been expanding significantly over the past decade, with a rising number of people gaining access to electricity. Diesel gensets fill the gap for extensive demand for production and grid failures. Increasing exploration of new industries and startups that require power outages and enjoy operational autonomy are also attractive factors for gensets use. Gensets are not only reserved for backup power but also the primary supply of electricity in less developed areas in Indonesia. The rise in investments in the infrastructure sector, including commercial, industrial, and residential construction, is among the significant drivers of the Diesel Genset Market in Indonesia.
The country's remote geographical locations with less power transmission and distribution infrastructure make it difficult to achieve universal electrification through grid power. The industrial sector is the primary market for the diesel genset, accounting for the largest share of market revenue. The residential sector is also emerging as a significant market, particularly in remote areas with limited grid power connectivity. The diesel genset market in Indonesia faces several challenges. Firstly, the country's regulations governing the import of diesel gensets, which are strict and make it challenging for manufacturers to supply equipment. Secondly, the high cost of diesel fuel in the country compared to other countries such as Malaysia and Singapore increase the operational costs of diesel gensets and this factor has led to significant decline in Indonesia Diesel Genset Market Share. Additionally, environmental concerns, such as pollution and global warming, are forcing the government to cut greenhouse gas emissions. The government is focusing on increasing renewable energy contributions to the power mix and reducing dependence on fossil fuels.
The Indonesian government has been promoting non-fossil fuel-based power generation. The government has set a renewable energy target of 23% of the country's primary energy by 2025, with wind and bioenergy being the primary focus areas. The government is also actively promoting the usage of hybrid power generation systems, which combine renewable energy with diesel gensets. The government provides subsidies for the purchase and installation of hybrid power systems and has set up auctions for renewable energy projects to attract private investment.
Cummins Inc., Caterpillar Inc., Kohler Power Systems, MTU Onsite Energy, and Mitsubishi Heavy Industries Ltd. are some of the key players in the Indonesia Diesel Genset Industry. These companies are investing heavily in R&D to develop innovative and advanced diesel gensets to stay competitive in the market.
According to Dhaval, Research Manager, 6Wresearch, the 5 kVA - 75 kVA segment is projected to grow the most in the coming years in the Indonesia diesel genset market. The primary reason for this growth is due to the increasing demand for gensets in the residential and small business sector. Many Indonesians still do not have access to reliable electricity, and the trend towards more people working from home during the Covid-19 pandemic has further increased the demand for backup power. Additionally, many small businesses, such as minimarts and small stores, rely heavily on diesel gensets during power outages to keep their businesses running.
The residential segment is expected to lead Indonesia Diesel Genset Market Growth in terms of applications. As the country's middle class continues to grow and people look for ways to keep their homes powered, increasing demand for diesel gensets is expected. The residential segment also includes small businesses, which further drive demand.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Diesel Genset Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Diesel Genset Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Diesel Genset Market- Industry Life Cycle |
3.4 Indonesia Diesel Genset Market- Porter's Five Forces |
3.5 Indonesia Diesel Genset Market Revenues & Volume Share, By KVA rating , 2021 & 2031F |
3.6 Indonesia Diesel Genset Market Revenues & Volume Share, By Application 2021 & 2031F |
4 Indonesia Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Diesel Genset Market Trends |
6. Indonesia Diesel Genset Market, By KVA Ratings |
6.1 Indonesia Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA 2021 & 2031F |
6.2 Indonesia Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2021 & 2031F |
6.3 Indonesia Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2021 & 2031F |
6.3 Indonesia Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2021 & 2031F |
6.3 Indonesia Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2021 & 2031F |
7 Indonesia Diesel Genset Market, By Application |
7.1 Indonesia Diesel Genset Market Revenues & Volume, By Residential, 2021 & 2031F |
7.2 Indonesia Diesel Genset Market Revenues & Volume, By Commercial, 2021 & 2031F |
7.3 Indonesia Diesel Genset Market Revenues & Volume, By Industrial, 2021 & 2031F |
7.3 Indonesia Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2021 & 2031F |
8 Indonesia Diesel Genset Market Import-Export Trade Statistics |
8.1 Indonesia Diesel Genset Market Export to Major Countries |
8.2 Indonesia Diesel Genset Market Imports from Major Countries |
9 Indonesia Diesel Genset Market Key Performance Indicators |
10 Indonesia Diesel Genset Market- Opportunity Assessment |
10.1 Indonesia Diesel Genset Market Opportunity Assessment, By KVA rating , 2031 |
10.2 Indonesia Diesel Genset Market Opportunity Assessment, By Application, 2031 |
11 Indonesia Diesel Genset Market- Competitive Landscape |
11.1 Indonesia Diesel Genset Market Revenue Share, By Companies, 2024 |
11.2 Indonesia Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |
Market Forecast By kVA Rating (5 kVA-75 kVA, 75.1 kVA-375 kVA, 375.1 kVA-750 kVA, 750.1 kVA-1000 kVA, And Above 1000 kVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape.
Product Code: ETC001313 | Publication Date: Jun 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Indonesia diesel Genset market report comprehensively covers the Indonesia diesel Genset market outlook report by kVA rating and applications. The report provides an unbiased and detailed analysis of the Indonesia diesel Genset market trends, opportunities/high growth areas, and market drivers which would help the stakeholders device and align their market strategies according to the current and future market dynamics.
Indonesia Diesel Genset market is expected to witness a sluggish growth rate during 2019-25 due to the expansion of public infrastructure, the establishment of new industries as well as growing IT infrastructure. Further, the development of the IT & telecom sector of the country along with the growing number of SMEs due to rising FDI in the commercial sector would accelerate the Indonesia Diesel Genset Market Growth. Moreover, increasing electrification, especially in rural areas is proliferating the development of the market. Surging demand for industrial generators owing to increasing industrialization is one of the key factors developing the market.
According to 6Wresearch, the Indonesia Diesel Genset Market size is projected to grow at a CAGR of 2.9% during 2019-2025. The demand and supply gap of electricity is one of the major reasons which has led to the high usage of diesel gen-sets in Indonesia. The growth of telecom infrastructure in Surabaya, Sulawesi, and Papua islands of Indonesia along with an increase in the energy demand, especially from the commercial and industrial sectors would increase the market for diesel Gensets as an auxiliary source of power at times of no grid supply. Amongst all the sectors, the commercial and industrial sectors accounted for the highest revenue share in overall Indonesia Diesel Genset Market Share.
The residential sector acquired a significant share in overall Indonesia Diesel Genset Market Growth. Increasing growth in the housing sector and growing power outages supported the growth of the market
The report provides a detailed analysis of the following market segments: