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The Forecasts Of African Diesel Generator Market
- May 26, 2018 -



Generator sets are the most reliable, efficient, and economical power sources for emergency and backup power supplies. The diesel engine unit is easy to install and operate and can be used in various applications such as oil and gas, telecommunications, residential and hospitals.


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With the constant increase in demand for cost and grid infrastructure, it is expected that the African diesel generator market will grow at a strong rate in the next five years. Power from different end-user industries is the lowest power in the world that can access the mainland power grid.


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In 2012, about 622.6 million people in Africa could not obtain electricity, which is equivalent to 57% of the electricity. According to the World Bank's forecast, the African population is expected to increase from 1.2 billion in 2016 to 2.8 billion.


According to the "Africa Diesel Gensets Market By Type, By End User, By Country, Competition Forecast and Opportunities, 2011 – 2021", it is estimated that the market for diesel generators in Africa will increase at a compound annual growth rate of over 12% from 2016 to 2021. Given the growing demand for major and backup power sources, particularly in oil and gas exploration sites and industrial infrastructure mining activities, it is expected that demand for diesel generator sets in the country will increase over the next five years. 


In 2015, the industrial sector was the largest buyer of diesel generators, followed by the commercial and residential sectors. In addition, low-power diesel generating sets dominated the African diesel generating set market in 2015, and this trend is expected to continue until 2021.

 

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