Malaysia Diesel Genset (Generator) Market Outlook
Market Forecast By KVA Ratings (5.1 To 75 KVA, 75.1 – 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA), By Verticals (Mining, Manufacturing, Hospitality, Service Sector, Residential, Telecom, Others) And Competitive Landscape
According to 6Wresearch, Malaysia Diesel Genset Market size is projected to grow at CAGR of 5.8% during 2021-27. The country’s focus on the 4th industrial revolution via National 4IR Policy launched in July 2021 has led to a growing need for stable and constant power solutions, which is projected to drive the diesel genset industry in the upcoming years. Additionally, Malaysia Vision 2025, Economic Transformation Programme, National Tourism Policy (NTP) 2020-2030, Penang Transport Master Plan (PTMP) are a few of the government initiatives, which aims at developing and strengthening sectors like residential, IT/ITES, BFSI, healthcare, education, infrastructure, and tourism, thereby creating a huge demand for power backup equipment for the developmental activities, leading to a surge in demand for DGs in Malaysia in the coming years.
Malaysia diesel genset market witnessed a slowdown in growth in 2019 due to oil-price instability, and a subsequent decline in 2020 owing to the outburst of coronavirus as the government imposed “movement control order” as a step for nation-wide lockdown which led to the closure of all construction operations and disrupted the demand & supply chain of diesel gensets.
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Market by KVA Ratings Analysis
In terms of KVA Ratings, 5.1-75 kVA, 75.1-375 kVA, 375.1-750 kVA cumulatively have captured 65% of the market revenues in 2020, with 5.1-75 KVA leading the market.
Key Highlights of the Report
Malaysia Diesel Genset Market Overview
Malaysia Diesel Genset Market Trends
Malaysia Diesel Genset Market Outlook
Malaysia Diesel Genset Market Forecast
Market Drivers and Restraints
Porter’s Five Force Analysis
Market Opportunity Assessment
Industry Life Cycle
Malaysia Diesel Genset Market Share/ Ranking, By Company
COVID-19 Impact Analysis
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Historical Data and Forecast of Market Revenues and Volume, By kVA Ratings, for the Period 2017-2027F
Historical Data and Forecast of Market Revenues, By Applications, for the Period 2017-2027F
Historical Data and Forecast of Malaysia Diesel Genset Market Revenues and Volume, for the Period 2017-2027F
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