Vietnam Genset Rental Market Outlook (2020-2026) | Share, Value, Analysis, Revenue, Industry, Trends, Size, Growth, Forecast, COVID-19 IMPACT & Companies

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: ETC160007	Publication Date: Feb 2022	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 80	No. of Figures: 12	No. of Tables: 4

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

Vietnam Genset Rental Market Synopsis

The genset rental market in Vietnam grew at a fast pace during the past years as a result of rising demand from the thriving export-oriented manufacturing sector. Although the coronavirus outbreak did not impact the country in terms of a number of positive cases, however as a result of falling demand for its manufactured products from other countries and precautionary curtailment measures in form of lockdown, the demand for rental gensets is anticipated to decline during the current year. 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.

Vietnam Genset Rental Market Outlook (2020-2026)

According to 6Wresearch, Vietnam Genset Rental Market size is expected to grow at a CAGR of 10.1% during 2020-2026. Increasing investments in the commercial and industrial sector, along with multiple upcoming large-scale infrastructure projects such as the Van Phong port and several expressway projects under the Infrastructure Vietnam 2019 (IVN2019), would augment the demand for rental gensets over the coming years.

Market Analysis By Types

On account of the high adoption rate for diesel gensets across several verticals as a result of lower fuel cost of fuel as compared to the natural gas alternatives, diesel gensets acquired the major revenue share in genset rental market in Vietnam during 2019 and is anticipated to lead the market during the forecast period as well.

Vietnam 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

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