Madagascar Diesel Genset Market Size and Share Analysis by Power Rating, Application

The Madagascar diesel genset market was valued at $21,429.8 thousand in 2021, and the market will propel at a 2.9% CAGR during 2021-2030, to reach $27,755.7 thousand. The speedy growth in the construction and telecom sectors and the intensification in the incidence of power cuts are the main factors accountable for the growth of the market.

According to the World Bank, only about 27% of the population of Madagascar had access to electricity in 2019, which is one of the primary reasons for the increasing requirement for diesel gensets in the mining, telecom, construction, and residential sectors.

The telecom sector of Madagascar has profited from the snowballing rivalry among key operators such as Orange Madagascar, Airtel, and Telma. In 2021, the government relaxed the excise duty on telecom products to 8% from 10%, which is advantageous for customers. This opened the gates for a high requirement for diesel gensets in telecom towers to cope with the high-frequency power cuts.

Key Findings of Madagascar Diesel Genset Market

The 15-75 kVA category held the largest share, of approximately 42%, in 2021. This is due to the increasing use of these gensets in residences, small industries, restaurants, hotels, telecom towers, and commercial complexes.
Furthermore, the 376-750 kVA category is the second significant contributor to the Madagascar diesel genset market. The primary reason for this is the high requirement for these generators in industries and commercial complexes.
The commercial application category is likely to grow at the highest rate in the years to come, propelling at a 3.9% CAGR. This can be primarily due to the constant advancement in the construction sector.
The Madagascar diesel genset market is likely to be boosted by the increase in the requirement for power backup in the commercial and residential sectors and the development of the mining and construction industries.
Power consistency is an important prerequisite for Madagascar’s economic development. Thus, the requirement for energy among public institutions of the country has augmented, to improve the eminence of the services provided to people.
Key firms in the Madagascar diesel genset market are taking part in partnerships and alliances with the intention of staying ahead of their competitors. For example, Green Energy Solutions (GES) and Colas Madagascar entered into a collaboration in April 2021 to construct a hybrid power plant driven by solar energy for Colas Madagascar at the Ambokatra quarry and offer construction supplies within the country.

Frequently Asked Questions about the Malagasy Diesel Genset Market

What is the estimated value of the Malagasy Diesel Genset Market?

The Malagasy Diesel Genset Market was estimated to be valued at $21429.8 Thousand in 2021.

What is the growth rate of the Malagasy Diesel Genset Market?

The growth rate of the Malagasy Diesel Genset Market is 2.9%, with an estimated value of $27755.7 Thousand by 2030.

What is the forecasted size of the Malagasy Diesel Genset Market?

The Malagasy Diesel Genset Market is estimated to be worth $27755.7 Thousand by 2030.

Report Attribute	Details
No. of Pages	86
Published	May 2022
Forecast Period	2021 - 2030
Estimated Market Value ( USD ) in 2021	$ 21429.8 Thousand
Forecasted Market Value ( USD ) by 2030	$ 27755.7 Thousand
Compound Annual Growth Rate	2.9%
Regions Covered	Madagascar

Chapter 1. Research Scope

1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Size Breakdown by Segment
1.4.1 Market Segmentation by Power Rating
1.4.2 Market Segmentation by Application
1.5 Market Data Reporting Unit
1.5.1 Volume
1.5.2 Value
1.6 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research
2.1.1 Paid
2.1.2 Unpaid
2.1.3 P&S Intelligence Database
2.2 Primary Research
2.2.1 Breakdown of Primary Research, by Industry Participant
2.2.2 Breakdown of Primary Research, by Designation
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Definition of Market Segments

4.1 By Power Rating
4.1.1 15-75 kVA
4.1.2 76-375 kVA
4.1.3 376-750 kVA
4.1.4 Above 750 kVA
4.2 By Application
4.2.1 Commercial
4.2.1.1 Retail establishments
4.2.1.2 Offices
4.2.1.3 Telecom towers
4.2.1.4 Hospitals
4.2.1.5 Hotels
4.2.1.6 Others
4.2.2 Industrial
4.2.2.1 Manufacturing
4.2.2.2 Energy & Power
4.2.2.3 Others
4.2.3 Residential

Chapter 5. Industry Outlook

5.1 Market Dynamics
5.1.1 Trends
5.1.1.1 Increase in frequency of power outages
5.1.2 Drivers
5.1.2.1 Rapid growth in telecom sector
5.1.2.2 Impact analysis of drivers on market forecast
5.1.3 Restraints
5.1.3.1 Growing preference for clean energy
5.1.3.2 Harmful effects of diesel gensets
5.1.3.3 Impact analysis of restraints on market forecast
5.2 Impact of COVID-19

Chapter 6. Madagascar Market Size and Forecast

6.1 Overview
6.2 Market Volume, by Power Rating (2017-2030)
6.3 Market Revenue, by Power Rating (2017-2030)
6.4 Market Volume, by Application (2017-2030)
6.4.1 Commercial Market Volume, by User
6.4.2 Commercial Market Volume, by Power rating
6.4.3 Industrial Market Volume, by End Use
6.4.4 Industrial Market Volume, by Power Rating
6.5 Market Revenue, by Application (2017-2030)
6.5.1 Commercial Market Revenue, by User
6.5.2 Commercial Market Revenue, by Power Rating
6.5.3 Industrial Market Revenue, by End Use
6.5.4 Industrial Market Revenue, by Power Rating

Chapter 7. Competitive Landscape

7.1 Market Share Analysis of Key Players
7.1.1 Madagascar
7.2 Key Offerings of Major Market Players
7.3 Recent Strategic Developments of Key Players
7.3.1 Product Launches
7.3.2 Facility Expansions
7.3.3 Partnerships & Collaborations

Chapter 8. Company Profiles

8.1 Aksa Power Generation SA (Pty) Ltd
8.1.1 Business Overview
8.1.2 Product and Service Offerings
8.2 Jubaili Bros
8.2.1 Business Overview
8.2.2 Product and Service Offerings
8.3 Atlas Copco AB
8.3.1 Business Overview
8.3.2 Product and Service Offerings
8.3.3 Key Financial Summary
8.4 Kohler Co.
8.4.1 Business Overview
8.4.2 Product and Service Offerings
8.5 Cummins Inc.
8.5.1 Business Overview
8.5.2 Product and Service Offerings
8.5.3 Key Financial Summary
8.6 Caterpillar Inc.
8.6.1 Business Overview
8.6.2 Product and Service Offerings
8.6.3 Key Financial Summary
8.7 Aggreko Ltd.
8.7.1 Business Overview
8.7.2 Product and Service Offerings
8.7.3 Key Financial Summary

Chapter 9. Appendix

9.1 Abbreviations
9.2 Sources and References
9.3 Related Reports
List of Tables
Table 1 ANALYSIS PERIOD OF THE STUDY
Table 2 DRIVERS FOR THE MARKET: IMPACT ANALYSIS
Table 3 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS
Table 4 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2021)
Table 5 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2022-2026)
Table 6 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2027-2030)
Table 7 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2021)
Table 8 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2022-2026)
Table 9 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2027-2030)
Table 10 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY APPLICATION, UNITS (2017-2021)
Table 11 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY APPLICATION, UNITS (2022-2026)
Table 12 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY APPLICATION, UNITS (2027-2030)
Table 13 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY USER, UNITS (2017-2021)
Table 14 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY USER, UNITS (2022-2026)
Table 15 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY USER, UNITS (2027-2030)
Table 16 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2021)
Table 17 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2022-2026)
Table 18 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2027-2030)
Table 19 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY END USE, UNITS (2017-2021)
Table 20 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY END USE, UNITS (2022-2026)
Table 21 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY END USE, UNITS (2027-2030)
Table 22 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2021)
Table 23 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2022-2026)
Table 24 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2027-2030)
Table 25 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY APPLICATION, $’000 (2017-2021)
Table 26 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY APPLICATION, $’000 (2022-2026)
Table 27 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY APPLICATION, $’000 (2027-2030)
Table 28 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY USER, $’000 (2017-2021)
Table 29 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY USER, $’000 (2022-2026)
Table 30 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY USER, $’000 (2027-2030)
Table 31 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2021)
Table 32 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2022-2026)
Table 33 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2027-2030)
Table 34 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY END USE, $’000 (2017-2021)
Table 35 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY END USE, $’000 (2022-2026)
Table 36 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY END USE, $’000 (2027-2030)
Table 37 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2021)
Table 38 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2022-2026)
Table 39 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2027-2030)
Table 40 DIESEL GENSETS OFFERED BY MAJOR MARKET PLAYERS
Table 41 AKSA POWER GENERATION SA (PTY) LTD - AT A GLANCE
Table 42 JUBAILI BROS - AT A GLANCE
Table 43 ATLAS COPCO AB - AT A GLANCE
Table 44 ATLAS COPCO AB - KEY FINANCIAL SUMMARY
Table 45 KOHLER CO. - AT A GLANCE
Table 46 CUMMINS INC. - AT A GLANCE
Table 47 CUMMINS INC. - KEY FINANCIAL SUMMARY
Table 48 CATERPILLAR INC. - AT A GLANCE
Table 49 CATERPILLAR INC. - KEY FINANCIAL SUMMARY
Table 50 AGGREKO LTD. - AT A GLANCE
Table 51 AGGREKO LTD. - KEY FINANCIAL SUMMARY

List of Figures

Figure 1 MARKET SIZE BREAKDOWN BY SEGMENT
Figure 2 RESEARCH METHODOLOGY
Figure 3 BREAKDOWN OF PRIMARY RESEARCH, BY INDUSTRY PARTICIPANT
Figure 4 BREAKDOWN OF PRIMARY RESEARCH, BY DESIGNATION
Figure 5 DATA TRIANGULATION APPROACH
Figure 6 MADAGASCAR DIESEL GENSET MARKET SUMMARY
Figure 7 MADAGASCAR DIESEL GENSET MARKET SNAPSHOT
Figure 8 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2030)
Figure 9 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2030)
Figure 10 MADAGASCAR DIESEL GENSET MARKET VOLUME, BY APPLICATION, UNITS (2017-2030)
Figure 11 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY USER, UNITS (2017-2030)
Figure 12 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2030)
Figure 13 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY END USE, UNITS (2017-2030)
Figure 14 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET VOLUME, BY POWER RATING, UNITS (2017-2030)
Figure 15 MADAGASCAR DIESEL GENSET MARKET REVENUE, BY APPLICATION, $’000 (2017-2030)
Figure 16 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY USER, $’000 (2017-2030)
Figure 17 MADAGASCAR COMMERCIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2030)
Figure 18 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY END USE, $’000 (2017-2030)
Figure 19 MADAGASCAR INDUSTRIAL DIESEL GENSET MARKET REVENUE, BY POWER RATING, $’000 (2017-2030)
Figure 20 MADAGASCAR DIESEL GENSET MARKET SHARE OF KEY PLAYERS (2021)
Figure 21 ATLAS COPCO AB - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2021)
Figure 22 CUMMINS INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2021)
Figure 23 CATERPILLAR INC. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)
Figure 24 AGGREKO LTD. - REVENUE SPLIT BY SEGMENT AND GEOGRAPHY (2020)