Africa Generator Sets Market Size - By Power Rating (≤ 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, > 750 kVA), By Fuel (Diesel, Gas, Hybrid), End-Use, Application & Forecast, 2024 - 2032

Africa Generator Sets Market Size

Africa Generator Sets Market size was valued at USD 2.6 billion in 2023 and is anticipated to expand at over 10.4% CAGR from 2024 to 2032. Increasing infrastructure investment and rapid industrialization expansion of infrastructure development in the region in line with rising demand for uninterrupted power supply will energize the industry growth. Growing investment to refurbish and redesign distribution grids and transmission lines will foster product adoption across the region. The global market for generator sets is anticipated to reach more than USD 80 billion by 2032.
 

Growth Drivers & Opportunities

The generator sets market in Africa is expected to grow on account of the availability of natural gas resources and supportive government regulations for clean energy deployment. The demand for reliable power supply is being driven by rapid industrialization growth. In addition, the increasing focus on electricity security coupled with ongoing investments in the natural gas sector will positively sway the demand for these units. Growing demand for reliable and continuous power supply from various sources including fueling stations, data centers, communication & transportation systems, manufacturing units, and healthcare facilities will augment the product distribution.
 

Rapid population growth, inadequate transmission & distribution networks, and high electricity cost are the key factors which will strengthen the product in across the region. The Africa generator sets market is witnessed to upsurge a significant growth owing to rising government investments toward commercial establishment. Increasing legislative spending and numerous key projects will drive the generator sets in Africa. Moreover, the growing espousal of natural gas as a source of power generation in line with the implementation of hybrid and solar-powered generator sets will complement the overall industry   outlook.

Africa Generator Sets Market Trends

Ongoing expansion of small and medium scale industries along with growing industrialization sector will propel the Africa generator sets market demand. These products have become increasingly important in addressing power deficits and providing reliable backup power sources. The growing need for reliable and constant power supply among various end-users including mining, manufacturing facilities, construction sites, and oil & gas sector will lead to increased usage of these products.
 

COVID-19 Impact

The COVID-19 pandemic had a negative impact on the generator sets industry as key end use sectors experienced delayed operations. The automobile sector suffered a slump, which adversely affected the industry since gensets are commonly used to ensure uninterrupted power supply for automotive production facilities. The pandemic induced drop in vehicle sales contracted production operations significantly. However, the industry is expected to recover in the future with the resumption of business operations and the supported government- programs and schemes.
 

Africa Generator Sets Market Analysis

The ≤ 50 kVA generator sets industry is predicted to foresee 10.5% growth rate during 2023-2032. The primary factor of revenue in this rating is the low upfront cost of these gensets which making them more accessible. Their small size and ability to provide power continuously make them ideal for use in residential, telecom, industrial, and commercial establishment. Furthermore, many of these generators consume less fuel, which significantly reduces operational costs, further boosting their demand.
 

The > 200 kVA - 330 kVA generator sets market in Africa is expected to cross a valuation of USD 1 billion in 2032. Ongoing advancements in technology systems and growing shale gas revolution have led to the reliable supply of energy resources through these systems. Escalating investment by the private and public sector toward the development of small and medium scale businesses will thrust the deployment of these power rating gensets in the region.
 

The surging demand in healthcare sector coupled with growing focus toward infrastructure development will energize the industry statistics. However, rising demand for continuous power supply in retail and large industries will influence the implementation of these units.
 

The hybrid generator sets industry in Africa will generate USD 600 million revenues by 2032 due to the increasing need of hybrid technology in the product. Paradigm shift toward requirement of renewable energy sources along with utilization of hybrid technology systems will proliferate the demand for these units. These generators are cost-effective and reduce fuel expenses which are particularly useful in areas where limited fuel access is needed. Furthermore, their lightweight, compact design makes them easy to transport and ideal for providing power in remote locations.
 

Favorable government policies supporting the use of conventional resources and the increasing demand for natural gas will foster the penetration for natural gas gensets. The shift towards cleaner energy to reduce emissions is driving the demand for these units. Respective regulatory authorities are providing incentives and subsidies schemes to promote the use of natural gas, which in turn will boost the Africa generator sets market development. In addition, the growing investment in surface design and lease equipment in association with the advancements in technology systems will positively sway the business scenario.
 

The industrial end-use segment is poised to attain 10% gains between 2023 and 2032 led by the resurgence of industrialization and infrastructure development in developing economies. Industrial generator sets are primarily used in mining operations for metal, gas, iron, and coal. Higher efficiency, greater fuel savings, and lower emissions as compared to traditional generator sets will augment the generator sets market expansion in Africa. Ongoing advancements in generator sets with AI and IoT technologies enabled and the continuous optimization of predictive maintenance and remote monitoring systems in gensets will stimulate the product demand.
 

The prime/continuous segment of the Africa generator sets market is estimated to amass USD 3.4 billion by 2032, on account of increasing need for electricity in remote areas and government efforts to improve electrification rates. In November 2022, several development agencies including the International Finance Corporation (IFC), the World Bank Group, and the Multilateral Investment Guarantee Agency (MIGA) announced a new initiative to accelerate rural electrification. Also, the application is also expected to benefit from the growing need for continuous power supply in critical applications comprising of data centers, airports, and hospitals.
 

Egypt generator sets industry was worth USD 200 million in 2022. Favorable regulatory policies and fundings in line with advancements in technology solutions will accelerate the investment opportunity in the country. The populace is currently facing a power deficit, which has led to an increased demand for generator sets in various end-use sectors. The government has also initiated several projects to improve the country's power infrastructure, which in turn will increase the need for generator sets.
 

Africa Generator Sets Market Share

The key players operating in Africa generator sets market are

• Cummins Inc.
• GENESAL ENERGY
• GFE Power Products
• Wärtsilä
• Mitsubishi Heavy Industries, Ltd.
• Deere & Company
• Rolls-Royce plc
• MAHINDRA POWEROL
• J C Bamford Excavators Ltd.
• Atlas Copco AB
• Caterpillar
• HIMOINSA
• Sterling and Wilson Pvt. Ltd.
• Yamaha Motor Co., Ltd.
• Generac Power Systems, Inc.
• Kohler Co.
• Kirloskar
   

Africa Generator Sets Industry News

• In January 2021, Cummins launched the Onan QG 2800i and 2500i liquid propane & gasoline generators. These units reduce noise by 62.75% & vibrations by 60.6%. They are manufactured to cater to the needs of class B truck campers. The launch strengthened the company’s market position and increased its revenues.
   
• The Government of Algeria announced to install the HTW-1530 T5, a HIMOINSA genset, in its new water treatment plant. The installed model is equipped with a Mitsubishi engine with a capacity of 1,660 kVA of stand-by power. In addition, the model has an external tank with a 20,000-liter capacity, which allows the generator to run for approximately 48 hours. 
   

This market research report on generator sets in Africa includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032, for the following segments:

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Market, By Power Rating

• ≤ 50 kVA
• > 50 kVA - 125 kVA
• > 125 kVA - 200 kVA
• > 200 kVA - 330 kVA
• > 330 kVA - 750 kVA
• > 750 kVA

Market, By Fuel

• Diesel
• Gas
• Hybrid

Market, By End Use

• Residential
• Commercial
  • Telecom
  • Healthcare
  • Data Centers
  • Educational Institutions
  • Government Centers
  • Hospitality
  • Retail Sales
  • Real Estate
  • Commercial Complex
  • Infrastructure
• Industrial
  • Oil & Gas
  • Manufacturing
  • Construction
  • Electric Utilities
  • Mining
  • Transportation & Logistics

Market, By Application

• Standby
• Peak Shaving
• Prime/Continuous

The above information has been provided for the following countries:

• Africa
  • Egypt
  • Nigeria
  • Algeria
  • South Africa
  • Angola
  • Kenya
  • Mozambique