Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Verticals (Residential, Commercial, Industrial And Transportation & Infrastructure), By Regions (Northern And Southern) And Competitive Landscape

According to 6Wresearch, Ethiopia Diesel Genset Market size is projected to grow at CAGR of 7.5% during 2021-27. Attributed to the presence of a robust industrial sector in Ethiopia along with a rapidly growing automotive sector, the diesel gensets market in the country accounted for a major share in the market. However, the market is projected to exhibit highest growth rate on account of flourishing construction and industrial segments providing immense opportunities for the diesel gensets demand in the country during the forecast period. Further, the Ethiopia Vision 2030 and the National Transformation Programme 2020 are a few of the government initiatives, which aims at developing and strengthening public service sectors such as healthcare, education, infrastructure and tourism, creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for Diesel Genset Market in Ethiopia.

Ethiopia diesel genset market is anticipated to grow on account of developing road infrastructure, growing demand for power in urban and off-grid areas, increasing power needs for the construction activities across Ethiopia. Further, the Ethiopian government intends to increase its operational industrial parks in the region from five in 2018 to 30 by 2025, which is likely to propel the market in the forecast period.

For Latest Press Release : https://www.6wresearch.com/press-release/ethiopia-diesel-genset-market-size-is-projected-to-grow-at-a-cagr-of-75-during-2021e-2027f

Market Analysis by kVA Rating

In Ethiopia, Diesel Gensets with a rating of 75.1 kVA-375 kVA accounted for the majority of revenue share in the overall market in 2020

Key Highlights of the Report

• Ethiopia Diesel Genset Market Overview.
• Ethiopia Diesel Genset Market Trends
• Ethiopia Diesel Genset Market Outlook.
• Ethiopia Diesel Genset Market Forecast.
• Market Opportunity Assessment
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Forces Analysis
• Ethiopia Diesel Genset Market Share, By Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations
• Historical data and Forecast of Revenues and Volume, By Applications, for the Period, 2017-2027F.
• Historical data and Forecast of Revenues and Volume, By Regions, for the Period, 2017-2027F.
• Historical data and forecast of Ethiopia Diesel Genset Market Revenues and Volume, for the Period, 2017-2027F.
• Historical data and Forecast of Revenues and Volume, By kVA Ratings, for the Period, 2017-2027F.

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