South Africa Diesel Generator Market Size, Share, and COVID-19 Impact Analysis, By Power Rating (Up to 100 KVA, 100-350 KVA, 350-750 KVA, 750- 1000 KVA, 1000-2000 KVA, 2000-3000 KVA, and Above 3000 KVA.), By Application (Manufacturing, Construction, Telecom, Mining, Data Centers, Tourism, Banking, and Others), and South Africa Diesel Generator Market Insights, Industry Trend, Forecasts to 2033.
Industry: Energy & PowerSouth Africa Diesel Generator Market Insights Forecasts to 2033
- The South Africa Diesel Generator Market Size was valued at USD 114.10 Million in 2023.
- The Market is Growing at a CAGR of 5.66% from 2023 to 2033
- The South Africa Diesel Generator Market Size is Expected to Reach USD 197.95 Million by 2033
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The South Africa Diesel Generator Market is Anticipated to Reach USD 197.95 Million by 2033, growing at a CAGR of 5.66% from 2023 to 2033.
Market Overview
A device that produces electrical energy from mechanical energy is known as a diesel generator. Combining the alternator and diesel engine increases the diesel generator's efficiency by 30% to 50%. By combining an electric generator with a diesel engine these devices generate electricity. In an instance of a power outage, generators are useful tools that supply electricity, avoiding the disruption of everyday tasks or commercial operations. These generators transform a portion of their chemical energy into mechanical energy by burning diesel fuel. As they use compression heat instead of spark ignition to burn fuel, they are 50% more energy efficient than a gasoline generator running at the same capacity. The growth of the South Africa diesel generator market is boosted by the government initiative toward infrastructure development and the thriving telecom sector. For instance, the IRP 2023 draft, released by the South African government, attempts to balance supply and demand while taking environmental factors into account to guarantee the security of the electricity supply. Diesel generators are covered under the plan as a component of the nation's energy mix.
Report Coverage
This research report categorizes the market for the South Africa diesel generator based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Africa diesel generator market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Africa diesel generator market.
South Africa Diesel Generator Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 114.10 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.66% |
2033 Value Projection: | USD 197.95 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 115 |
Segments covered: | By Power Rating, By Application and COVID-19 Impact Analysis |
Companies covered:: | Yamaha Motor Co. Ltd, Cummins Inc., Kirloskar Oil Engines Limited, Yanmar Holdings Co., Ltd., Caterpillar Inc., Briggs & Stratton Corporation, Mitsubishi Hitachi Power Systems Ltd, Honda Siel Power Products Limited, Aggreko Ltd., Kohler Co and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The need for infrastructure development investments is raised due to the economy’s rapid urbanization is driving up demand for residential and commercial buildings. The nation’s need for dependable power sources is driving the growth of its IT infrastructure and the number of data centers. For emergency power backup systems, the demand for diesel generators is consequently rising sharply in South Africa, propelling the growth of the entire market. Additionally, growing investments and costs to provide efficient energy management across multiple sectors are expected to create new growth opportunities for the diesel generator market.
Restraining Factors
Environmental problems like greenhouse gas emissions and pollutants like Nitrogen oxides (NOx), particulate matter (PM), and carbon monoxide (CO) are preventing the diesel generator market in South Africa from expanding. As a result, governments and private businesses are shifting to renewable energy sources like solar power, which may limit market growth.
Market Segmentation
The South Africa diesel generator market share is classified into power rating and application.
- The 1000–2000 KVA segment is expected to hold the largest market share through the forecast period.
The South Africa diesel generator market is segmented by power rating into Up to 100 KVA, 100–350 KVA, 350–750 KVA, 750– 1000 KVA, 1000–2000 KVA, 2000–3000 KVA, and above 3000 KVA. Among these, the 1000–2000 KVA segment is expected to hold the largest market share through the forecast period. This is attributed because it only needs refilling every 8 to 12 hours and it can run continuously for 24 hours.
- The telecom segment is expected to dominate the South Africa diesel generator market during the forecast period.
Based on the application, the South Africa diesel generator market is divided into manufacturing, construction, telecom, mining, data centers, tourism, banking, and others. Among these, the telecom segment is expected to dominate the South Africa diesel generator market during the forecast period. This is attributed to the digital transformation and the growing availability of the internet.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Africa diesel generator market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Yamaha Motor Co. Ltd
- Cummins Inc.
- Kirloskar Oil Engines Limited
- Yanmar Holdings Co., Ltd.
- Caterpillar Inc.
- Briggs & Stratton Corporation
- Mitsubishi Hitachi Power Systems Ltd
- Honda Siel Power Products Limited
- Aggreko Ltd.
- Kohler Co
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Africa, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the South Africa diesel generator market based on the below-mentioned segments:
South Africa Diesel Generator Market, By Power Rating
- Up to 100 KVA
- 100–350 KVA
- 350–750 KVA
- 750– 1000 KVA
- 1000–2000 KVA
- 2000–3000 KVA
- Above 3000 KVA
South Africa Diesel Generator Market, By Application
- Manufacturing
- Construction
- Telecom
- Mining
- Data Center
- Tourism
- Banking
- Others
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