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Africa Generator Sets Market Size
- Report ID: GMI5823
- Published Date: Dec 2024
- Report Format: PDF
Africa Generator Sets Market Size
The Africa generator sets market size was valued at USD 2.9 billion in 2024 and is estimated to grow at a CAGR of 10% from 2025 to 2034. The industry market is set to grow on account of abundant availability of natural gas resources and favorable government policies promoting clean energy initiatives. Moreover, heightened emphasis on electricity security along with continued investments toward the development of the natural gas infrastructure will energize the industry scenario.
A generator set is an electrical device comprising a generator, an engine, and supplementary components that collectively produce electrical power. These units are primarily used to provide backup power during grid failures and supply electricity in areas lacking grid access. They are widely deployed across residential, commercial, and industrial facilities. Industry growth will be driven by rising infrastructure investments and the rapid expansion of infrastructure development, aligned with the increasing demand for reliable power supply. Additionally, growing investments in modernizing and redesigning transmission lines and distribution grids will accelerate the product adoption.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Africa Generator Sets Market Size in 2024: | USD 2.9 Billion |
| Forecast Period: | 2025 - 2034 |
| Forecast Period 2025 - 2034 CAGR: | 10% |
| 2034 Value Projection: | USD 7.5 Billion |
| Historical Data for: | 2021 - 2024 |
| No. of Pages: | 100 |
| Tables, Charts & Figures: | 8 |
| Segments covered: | Power Rating, Fuel, End Use, Application and Country |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Africa Generator Sets Market Scope
