The Africa Diesel Generator Market is expecting less than 5% during 2022-27, cites MarkNtel Advisors in their recent research report. The continuing dependency of different countries in the region on small capacity diesel generators for power generation as the utility grids fail to provide an uninterrupted & reliable flow of electricity is driving the market.
In addition, rapid infrastructural developments are displaying massive government investments & favorable policies to strengthen sectors like healthcare, hospitality, construction, & manufacturing, among others. It, in turn, is another prominent aspect projected to boost the market through 2027.
Besides, since most countries in Africa are engaged actively in oil & gas production, they are also stimulating the demand for diesel generators as a primary source of power generation for various activities like drilling, exploration, etc.
Moreover, the increasing influx of tourists in the region is instigating developments in the commercial sector like the construction & management of shopping malls, hotels, restaurants, etc., i.e., surging the demand for diesel generators during power outages, grid failures, & emergencies, and contributing to the overall market growth, further states the research report, “Africa Diesel Generator Market Analysis, 2022.”
Increasing Adoption of Home Appliances to Drive the Market through 2027
The changing living standards of people due to their increasing purchasing power, coupled with the escalating government focus on developing smart cities, are driving the diesel generator market across the residential sector to meet the high energy consumption requirements of various households.
Moreover, since the residential sector is equipped with maximum smart home appliances that require an uninterrupted power supply, more and more people are utilizing diesel generators as a primary energy generation source at times of power outages, grid failures, & emergencies, thereby fueling the overall market growth.
With Rapid Infrastructural Developments, South Africa Dominated the Market in Previous Years
In previous years, South Africa acquired the largest share in the Diesel Generator Market. It owes to the improved country's economy, coupled with favorable government policies & substantial investments in the commercial sector, which has resulted in the mounting establishment of MNCs & start-ups across South Africa. It, in turn, surged the demand for diesel generators for an uninterrupted, stable, & reliable energy flow across these organizations for efficient operations.
Moreover, the rapidly expanding healthcare, hospitality, and food & beverages sectors in the country are also the prominent end-users of diesel generators, owing to the surging demand for running critical machinery & equipment in these facilities. Hence, these aspects have generated significant growth prospects for the diesel generator market across South Africa in recent years, reveals MarkNtel Advisors in their research report, "Africa Diesel Generator Market Analysis, 2022."
The leading players in the Africa Diesel Generator Market include Caterpillar, Cummins, FZ Wilson, Kohler SDMO, Wartsila, Turbomar, Himoinsa, Atlas Copco, Briggs & Stratton Corporation, and YOR Power.
Key Questions Answered in the Research Report