Thursday 23 April 2020

South America & Africa Diesel Generator Market Size 2020 Opportunities and Business Methodologies till 2023


South America and Africa Diesel Generator Market Size is expected to grow with the CAGR of approximately 9.38% during the forecast period. Diesel generators for South America & Africa region are poised to grow at a substantial rate as the growing urbanization & industrialization has resulted into the demand for excess and uninterrupted electricity supply.
South America & Africa Diesel Generator Market is marked with the overall dependency of the energy consumers in South America & Africa for uninterrupted & reliable power through diesel generators. These diesel generators provide standby, prime & continuous power output, where the end user is facing frequent power outages and needs emergency power backup.

Market Highlights:
Diesel generators for South America & Africa regions are poised to grow at a substantial rate as the growing urbanization & industrialization has resulted in demand for excess and uninterrupted electricity supply. Diesel generators provide prime, standby and continuous power output to residential, commercial & industrial sector, and is also a reliable source of power generation in emergency situation and at remote location.
South America & Africa regions have most of the countries that are in their developing stage or are under-developed. These countries are highly reliable on standby power generation or non-conventional methods of power generation, as the overall power generation through conventional methods is expensive and is generated in smaller capacity than the actual demand. All these factors majorly result in power outage in these regions. Thus, most of the end users are heading towards the utilization of diesel powered generator. The diesel generator provides continuous, prime and standby power to the end users such as industries, hospitals, construction sites, remote & discrete sites, commercial and residential.

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

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.

Read More:

No comments:

Post a Comment

Oilfield Equipment Rental Services Market Analysis 2020 Global Trends, Share, Emerging Trends and Industry Outlook 2023

Oilfield Equipment Rental Services Market Overview Oilfield equipment is a device used for extracting oil and gas from the reservoir. In o...