Laos Diesel Genset Market (2024-2030) | Forecast, Analysis, COVID-19 IMPACT, Share, Companies, Revenue, Industry, Value, Size, Trends, Growth & Outlook

Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

Product Code: ETC002098 Publication Date: Dec 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Laos Diesel Genset Market Shipment Analysis

Laos Diesel Genset Market registered a decline of -18.83% in value shipments in 2021 as compared to 2020 and an increase of 6.66% CAGR in 2021 over a period of 2017. In Diesel Genset Market Laos is becoming less competitive as HHI index in 2021 was 4862 while in 2017 it was 4187. 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 less numbers of players or countries exporting in the market.

 
 

Laos Export Potential Assessment For Diesel Genset Market (USD Values in Thousand)


Topics Covered in the Laos Diesel Genset Market

Laos Diesel Genset Market report thoroughly covers the market by KVA rating and by 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.

Laos Diesel Genset Market Synopsis

Laos Diesel Genset Market Diesel is expected to grow in the forecast period as the gensets have become an indispensable part of industries, corporate sectors, and households, worldwide. In a developing country like Laos, where the power grid is still developing, diesel gensets hold even more significance. The dependence on generators for power supply in the regions with an unreliable grid is increasing in the country, leading to the growth of the diesel genset market.

According to 6Wresearch, the Laos Diesel Genset Market size is projected to grow at a CAGR of 5.6 % during the forecast period of 2024-2030. One of the key drivers of the diesel genset market in Laos is the increasing demand for reliable power supply. Laos has the potential to become a major power exporter in the future, but until then, the country faces a shortage of electricity. Industries and commercial establishments in Laos have been bearing the brunt of unreliable power supply which has led to them opting for diesel gensets as a backup power source. The trend of distributed energy generation is gaining popularity in Laos. The concept of distributed energy generation involves small-scale power generation using renewable sources such as solar, wind, and hydro. It has several advantages such as increased energy efficiency, reduced transmission and distribution losses, and lower cost. Many industries, commercial establishments, and households are opting for distributed energy generation. There are certain challenges present in the Laos Diesel Genset Industry. The diesel genset market in Laos is not without its challenges. The fluctuating prices of diesel and low awareness about diesel gensets amongst the people are hampering the growth of the market. Moreover, the increasing demand for renewable energy sources such as solar, wind and hydro are posing a threat to the diesel genset market. Another significant challenge is the high cost of imported diesel fuel, which increases the cost of running gensets. Genset maintenance and repair services are also limited, leading to longer downtime periods when the gensets need repairs. Lastly, the Laotian genset market is highly fragmented, with several small players operating in the country leading to rise in Laos Diesel Genset Market Share.

Government policies and schemes introduced in the Laos Diesel Genset Market 

The government of Laos has been actively promoting the use of diesel gensets in the country. To facilitate genset use in rural areas, the government has launched several programs aimed at improving access to electricity. In 2018, the government launched the Rural Electrification Master Plan aimed at connecting 100% of rural villages to the grid by 2025. The government is also exploring the use of hybrid systems combining renewable energy and diesel gensets to provide backup power.

Leading players in the Laos Diesel Genset Market

The Laos diesel genset market is relatively small, and a few firms hold significant market shares. The major players in the market include Caterpillar, Cummins, MTU Onsite Energy, and Wartsila. These companies offer different genset products ranging from small portable generators to large industrial gensets. Domestic companies have also entered the market, including Lao State Fuel Company and Phongphisay Group leading to  increase in Laos Diesel Genset Market Growth.

Market analysis by KVA

The Laos diesel genset market can be segmented into four categories based on power rating- 5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, and above 750 KVA. The 5 KVA-75 KVA segment is expected to grow the most in the coming years. The reason for this forecast is the booming construction sector in Laos, with many residential and commercial buildings coming up across the country

Market Analysis by Application

According to Shivankar, Research Manager, 6Wresearch, the Laos diesel genset market is classified by application- Residential, Commercial, Industrial, and Transportation & Public Infrastructure. Among these applications, the Commercial segment is expected to grow the most in the coming years. The commercial sector includes offices, shopping centers, malls, hospitals, banks, etc. These establishments cannot afford to have any downtime, and that's why they invest in powerful gensets to ensure continuity in operations.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years of 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

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

Market Covered

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

By KVA Ratings

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

By Application

  • Residential
  • Commercial
  • Industrial
  • Transportation & Public Infrastructure
Laos Diesel Genset Market (2024-2030): FAQs
Diesel gensets are used in various applications in Laos, including residential, commercial, and industrial.
The Laos Diesel Genset Market faces several challenges, including the availability and affordability of diesel fuel.
The major players in the market include Caterpillar, Cummins, MTU Onsite Energy, and Wartsila.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Laos Diesel Genset Market Overview
3.1 Laos Country Macro Economic Indicators
3.2 Laos Diesel Genset Market Revenues & Volume, 2020 & 2030F
3.3 Laos Diesel Genset Market- Industry Life Cycle
3.4 Laos Diesel Genset Market- Porter's Five Forces
3.5 Laos Diesel Genset Market Revenues & Volume Share, By KVA rating , 2020 & 2030F
3.6 Laos Diesel Genset Market Revenues & Volume Share, By Application 2020 & 2030F
4 Laos Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Laos Diesel Genset Market Trends
6. Laos Diesel Genset Market, By  KVA Ratings
6.1 Laos Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA  2020 - 2030F
6.2 Laos Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2020- 2030F
6.3 Laos Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2020- 2030F
6.3 Laos Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2020- 2030F
6.3 Laos Diesel Genset Market Revenues & Volume, By  Above 1000 KVA, 2020- 2030F
7 Laos Diesel Genset Market, By Application
7.1  Laos Diesel Genset Market Revenues & Volume, By Residential, 2020 - 2030F
7.2 Laos Diesel Genset Market Revenues & Volume, By  Commercial,  2020 - 2030F
7.3 Laos Diesel Genset Market Revenues & Volume, By Industrial, 2020 - 2030F
7.3 Laos Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2020 - 2030F
8 Laos Diesel Genset Market Import-Export Trade Statistics
8.1 Laos Diesel Genset Market Export to Major Countries
8.2 Laos Diesel Genset Market Imports from Major Countries
9 Laos Diesel Genset Market Key Performance Indicators
10 Laos Diesel Genset Market- Opportunity Assessment
10.1 Laos Diesel Genset Market Opportunity Assessment, By  KVA rating , 2030
10.2 Laos Diesel Genset Market Opportunity Assessment, By Application, 2030
11 Laos Diesel Genset Market- Competitive Landscape
11.1 Laos Diesel Genset Market Revenue Share, By Companies, 2023
11.2 Laos Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer

 

Democratic Republic of Congo Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

Mali Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

Uganda Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

China Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Europe Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

France Diesel Genset Market  (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Germany Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Italy Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Japan Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Russia Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

UK Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Australia Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Zambia Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Tunisia Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Tanzania Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Somalia Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Angola Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Sri Lanka Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

South Korea Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Pakistan Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

New Zealand Diesel Genset Market (2020-2026): 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), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Nepal Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

Hong Kong Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), and Competitive Landscape

Taiwan Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

 

Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

Product Code: ETC002098 Publication Date: Nov 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Laos Diesel Genset Market Synopsis

Laos diesel Genset market will witness tremendous growth due to growing industrialization, rising infrastructural investment, and increasing demand for a reliable and uninterrupted source of power supply along with growing demand for backup power devices would boost the diesel Genset market growth in the coming years. However, increasing awareness regarding harmful environmental effects caused by diesel power generators would obstruct the diesel Genset market growth.

According to 6Wresearch, Laos Diesel Genset market size is anticipated to register a growth during 2020-2026. The outbreak of the pandemic coronavirus caused the Laos government to take preventive measures and declare a lockdown in the country. The coronavirus lockdown would adversely impact the growth of operations in the transportation, residential, and construction sectors which would further setback the diesel Genset market growth during 2020. However, the market for diesel Genset would gain momentum in the further years of the forecast period due to increasing government investments in upcoming infrastructure such as China-Laos Railway, construction of National Road No 11, and many more, requiring continuous power supply thereby accelerating the diesel Generator market growth.

Based on kVA ratings, a 5 kVA-75 kVA rating diesel Genset would acquire a major market share due to the increasing incidence of power failures due to ageing transmission and distribution networks and increasing demand for standby power. Furthermore, the market demand for 5 kVA-75 kVA rating diesel Genset would augment in the coming years owing to wide usage across several applications, ease of availability, and low cost.

Laos Diesel Generator Market report thoroughly covers the market by kVA ratings and applications. The Laos diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing Laos diesel Genset 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.

Key Highlights of the Report:

  • Laos Diesel Genset Market Overview
  • Laos Diesel Genset Market Outlook
  • Laos Diesel Genset Market Forecast
  • Laos Diesel Genset Market Size
  • Historical Data of Laos Diesel Genset Market Revenues, for the Period 2016-2019
  • Laos Diesel Genset Market Forecast of Revenues, Until 2026
  • Historical Data of Laos Diesel Genset Market Revenues, by KVA Ratings, for the Period 2016-2019
  • Market Size & Forecast of Laos Diesel Genset Market Revenues, by KVA Ratings, until 2026
  • Historical Data of Laos Diesel Genset Market Revenues, By Applications, for the Period 2016-2019
  • Market Size & Forecast of Laos Diesel Genset Market Revenues, By Applications, until 2026
  • Market Drivers and Restraints
  • Laos Diesel Genset Market Trends
  • Market Opportunity Assessment
  • Laos Diesel Genset Market Share, By Players
  • Laos Diesel Genset Market Share, By Regions
  • Laos Diesel Genset Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The Laos Diesel Genset market report provides a detailed analysis of the following market segments:

By KVA Ratings:

  • 5 kVA-75 kVA
  • 75.1 kVA-375 kVA
  • 375.1 kVA-750 kVA
  • Above 750 kVA

By Applications:

  • Residential
  • Commercial
  • Industrial
  • Transportation & Infrastructure

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