South America & Africa Diesel Generator Market Analysis

South America & Africa Diesel Generator Market is expected to grow at 9.38% CAGR during the forecast period 2022-2030.

South America & Africa Diesel Generator Market is characterized by the overall reliance of energy consumers in South America & Africa on uninterrupted and reliable power through diesel generators. Where the end-user is experiencing regular power outages and requires emergency power backup, these diesel generators provide standby, prime, and continuous power output.

Diesel generators for the South America & Africa regions are expected to expand at a rapid pace due to increased urbanization and industrialization, which has resulted in a need for excess and continuous electricity supply. Diesel generators provide prime, standby, and continuous power production to the residential, commercial, and industrial sectors, as well as a dependable source of power generation in an emergency and at a remote location.

The majority of developing or underdeveloped countries are located in South America and Africa. These countries depend heavily on standby power generation or non-conventional methods of power generation because conventional power generation is costly and generates power at a lower capacity than the actual demand. All these factors majorly result in a power outage in these regions. As a result, the majority of end-users are turning to diesel-powered generators. End users like industries, hospitals, construction sites, remote & discrete sites, commercial and residential rely on diesel generators for continuous, prime, and standby power.

Scope of the Report

This study is an overview of the South America & Africa Diesel Generator Market, tracking four market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for South America & Africa region. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the South America & Africa diesel generator market by Power Rating, by End-User, by Portability, by Hybrid System Type and by Country.

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Market Segmentation

South America & Africa Diesel Generator Market, By Portability

• Stationary Power
• Portable

South America & Africa Diesel Generator Market, By Hybrid System Type

• Solar-Diesel
• Wind-Diesel
• Others

South America & Africa Diesel Generator Market, By Power Rating

• Up to 10 kW
• 11 kW – 100 kW
• Above 100 kW

South America & Africa Diesel Generator Market, By End-User

• Residential
• Commercial
• Industrial

South America & Africa Diesel Generator Market, By Country

• Peru
• Guatemala
• Colombia
• Tanzania
• Nigeria
• Kenya
• Ethiopia
• Bolivia
• Sudan
• Congo
• Uganda
• Others (Niger, Mozambique, Madagascar)

COVID-19 Impact on South America & Africa Diesel Generator Market

The global outbreak of a new coronavirus is expected to cause a slight slowdown in the market. Manufacturing work has come to a halt as a result of labor shortages. As a result, demand from end-use industries has plummeted dramatically.

Key Players

Notable players of South America & Africa diesel generator market are Caterpillar Inc., AKSA Power Generation, Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., Aggreko PLC, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, MAN Diesel & Turbo, General Electric Company and Wärtsilä.

Summary

South America & Africa Diesel Generator Market is anticipated to grow with the CAGR of approximately 9.38% from 2018 to 2023 (forecast period). South America and Africa Diesel Generator Market is expanding rapidly as a result of factors such as an increase in power outages and power failures, rising demand for continuous and dependable power supply, and growth in hybrid renewable energy systems.