Indonesia Diesel Genset Market (2024-2030) | Outlook, Analysis, Size, Share, Trends, Industry, Forecast, Value, Companies, Revenue & Growth

Topics Covered in the Indonesia Diesel Genset 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 Synopsis

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 2024-2030. 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.

Government policies and schemes introduced in the Indonesia Diesel Genset Market

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.

Leading players in the Indonesia Diesel Genset Market

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.

Market analysis by KVA Ratings

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.

Market analysis By Applications

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.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Diesel Genset Market Outlook
• Market Size of Indonesia Diesel Genset Market, 2023
• Forecast of Indonesia Diesel Genset Market, 2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues & Volume for the Period 2020 - 2030
• Indonesia Diesel Genset Market Trend Evolution
• Indonesia Diesel Genset Market Drivers and Challenges
• Indonesia Diesel Genset Market Price Trends
• Indonesia Diesel Genset Market Porter's Five Forces
• Indonesia Diesel Genset Market Industry Life Cycle
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by KVA ratings for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Application for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Residential for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Commercial for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Industrial for the Period 2020-2030
• Historical Data and Forecast of Indonesia Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2020-2030
• Indonesia Diesel Genset Market Import Export Trade Statistics
• Market Opportunity Assessment by KVA ratings
• Market Opportunity Assessment by Application
• Indonesia Diesel Genset Market Top Companies Market Share
• Indonesia Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
• Indonesia Diesel Genset Market Company Profiles
• Indonesia Diesel Genset Market Key Strategic Recommendation

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By kVA Rating

• 5 kVA - 75 kVA
• 75.1 kVA – 375 kVA
• 375.1 kVA - 750 kVA
• 750.1 KVA-1000 KVA
•  Above 1000 KVA

By Applications

• Residential
• Commercial
• Industrial
• Transportation & public Infrastructure