Caterpillar Set to Lead Africa Diesel Gensets $ 1.4 Billion Market by 2026
According to a recently
published TechSci Research report, “Africa
Diesel Gensets Market
By Type,
By End User, By Country, Competition Forecast and Opportunities, 2012 – 2026”, the Africa diesel gensets
market is projected to cross $ 1.4 billion by 2026. Diesel gensets are being increasingly used for meeting power requirements in
various end use industries such as industrial, commercial and residential, either
as standby or prime power source.
Backed by huge investments by public as well as private entities in African countries,
infrastructure-based developments
are taking place at a robust pace across the region. As infrastructure projects
require continous supply of electricity, thus positivley influencing Africa
diesel gensets market.
Browse 47
market data Tables and 57 Figures spread through 207 Pages and an
in-depth TOC on "Africa
Diesel Gensets Market"
https://www.techsciresearch.com/report/africa-diesel-gensets-market-by-type-low-power-75-kva-medium-power-75-1-350-kva-high-power-350-1-750-kva-very-high-power-750-kva-by-end-user-by-country-competition-forecast-and-opportunities/1193.html
Development of decentralized
power generation system using diesel gensets can offset the investments in
power transmission and distribution network, and ensure huge savings. In
addition, the pilferage and theft of electricity can be reduced from
transmission and distribution network by limiting the size of the same, which
is a big boost for the development of decentralized power generation system. The
governments of African countries are continuously focussing on the development
of decentralized power generation setup to meet the incresing electricity requirements,
which is expected to boost the demand for diesel gensets in the region.
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“Access to grid electricity in
Africa is the lowest in the world, which results in huge demand supply gap of
electricity. Deployment of diesel gensets can effectively reduce this demand
supply gap of electricity, as these systems can generate power instantaneously.
Diesel gensets can supply regular as well as reliable electricity, thereby
creating huge growth opportunities for diesel genset manufacturers in Africe
over the course of next 5-10 years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global energy
management consulting firm.
“Africa Diesel Gensets Market By
Type, By End User,
By Country, Competition Forecast and Opportunities, 2012 – 2026” has evaluated the future
growth potential of Afirca diesel
gensets market and provides statistics and information on market
structure, industry behavior and trends. The report includes market projections
and demand forecasting. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment assessment. Moreover, the report also identifies and analyzed
emerging trends along with crucial drivers, challenges and opportunities
available in Africa diesel gensets market.
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