Congo Diesel Generator Set Market Analysis Report 2022-2030: Increasing Power Requirements, Rise in Number of Data Centers, & Development of Telecom Infrastructure – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Congo Diesel Generator Set Market Report by Power Rating (15-75kVA, 76-375 kVA, 376-750 kVA, 751-1000 kVA, Above 1000), Application (Commercial, Industrial, Residential) – Industry Growth and Demand Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
The value of the Democratic Republic of the Congo diesel generator set market will be $62.1 million in 2030, compared to $46.4 million in 2021.
The increase is expected to be at a 3.3% CAGR between 2021 and 2030 owing to the high pace of urbanization; the country already has the third-highest number of urban residents in sub-Saharan Africa.
Moreover, to offer citizens a better life, the government is ramping up its spending on the development of telecommunications, terrestrial transportation, and air transportation infrastructure. During construction activities as well as after the units start functioning, gensets are an essential piece of equipment to deal with power cuts or a lack of grid connectivity.
Moreover, the government is also rapidly enhancing its telecom infrastructure to prepare the country for next-gen technologies of the present and the future. For instance, LIT laid a fiber cable network around 5,000 km in length across the nation in 2021, and it now plans to lay an additional 20,000 km of cabling, working with Facebook.
This is necessary as currently, only 3% of the nation’s citizens have access to the internet. Moreover, the ITA says that less than half the population has a mobile connection, while even 3G/4G are not in their advanced stages of deployment.
In-Depth Segmentation Analysis of Democratic Republic of Congo Diesel Generator Set Market
Gensets that offer a power output of 15 to 75 kVA are used the most widely in the country owing to their high importance in the residential sector. Most of the gensets used in homes, which consume around 35% of the electricity here, fall in this power output range.
The next-largest share is held by variants of power rating 751-1,000 kVA, as they are widely used in factories and other industrial sites.
This is consistent with the fact that industrial applications lead the Democratic Republic of the Congo diesel generator set market. Moreover, this category is set to grow at a 3.1% CAGR in the coming years. DR Congo is the world’s largest producer of cobalt and one of the largest producers of tin, tantalum, diamonds, and copper. Thus, the strong position of the mining industry in the country drives genset sales, as they are essential at remote and off-grid mines and processing sites.
Similarly, the commercial category, within the application segment, is expected to grow significantly in the coming years. This is attributed to the rapid deployment of new-age technologies, such as 5G, IoT, and industrial automation. Telecom towers are a significant user of diesel gensets as they need to operate continuously, which becomes challenging in places with an erratic power supply, such as the DRC.
The major companies in the Democratic Republic of the Congo diesel generator set market are Atlas Copco AB, Cummins Inc., Kohler Co., Caterpillar Inc., Aksa Power Generation SA (Pty.) Ltd., Aggreko Ltd., Inmesol S.L.U., Doosan Enerbility Co. Ltd., Jubaili Bros, and Mitsubishi Heavy Industries Ltd.
- Launch of advanced diesel gensets
- Increasing power requirement
- Rise in number of data centers
- Development of telecom infrastructure
- Adoption of alternate power sources and high cost of diesel
Impact of COVID-19
Regulatory Framework Analysis
Overview of the Power Sector in DR Congo
- Prime Energy
Key Players in DR Congo Power Sector
Policies and Laws for Power Sector
Porter’s Five Forces Analysis
- Atlas Copco AB
- Kohler Co.
- Cummins Inc.
- Caterpillar Inc.
- Aggreko Ltd.
- Aksa Power Generation SA (Pty) Ltd.
- Inmesol S.L.U.
- Jubaili Bros
- Doosan Enerbility Co. Ltd.
- Mitsubishi Heavy Industries Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/8uuxqt
Laura Wood, Senior Press Manager
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