Bangladesh Diesel Genset Market (2021-2027) | COVID-19 IMPACT, Trends, Analysis, Outlook, Value, Share, Industry, Forecast, Size, Companies, Revenue & Growth

Market Forecast By kVA rating (Up to 100kVA, 100.1 to 350kVA, 350.1 to 1000kVa, Above 1000kVA), By Applications (Residential, Commercial, Industrial, Healthcare, Hospitality, Public Infrastructure & Others (Transportation and Power Utilities)), By Regions (Northern, Southern) and competitive landscape

Product Code: ETC054420 Publication Date: Apr 2021 Product Type: Report
Publisher: 6Wresearch No. of Pages: 72 No. of Figures: 12 No. of Tables: 11

Bangladesh Diesel Genset Market report thoroughly covers the market by kVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bangladesh Diesel Genset Market Synopsis

Bangladesh Diesel Genset Market would escalate over the coming years on account of rising demand for a continuous and reliable source of power, increasing power outages, thereby leading to the rising need for power backup solutions. Additionally, the rising demand for electricity in Bangladesh in line with the infrastructural growth in the country would positively influence the diesel Genset market growth. Projected growth in the construction market, upcoming new hotels and shopping malls on the back of increased inflow of FDI in the retail sector, coupled with increasing government spending on infrastructural development projects would drive the diesel Genset market in the country over the forthcoming period.

However, the market witnessed a slowdown during 2020 as a result nationwide lockdown due to the spread of COVID-19 pandemic. Over the coming years, it is expected that Bangladesh genset market would grow owing to the increase in investment in the key sectors such as transportation infrastructure, commercial (IT/ITES, data centres, hotels, malls, hospitals, educational institutions) & power applications. Additionally, existing considerable power deficits, unreliable and uneconomical power supplies from the grid and rising trend of adoption of power backup solutions such as diesel gensets to ensure uninterrupted power supply is anticipated to positively impact the demand for the product during the forecast period.

According to 6Wresearch, Bangladesh Diesel Genset Market size is projected to grow at CAGR of 9.9% during 2021-27.  Diesel gensets find its applications in various sectors such as industrial, commercial, and residential, however, on account of the global coronavirus pandemic, the government decided to shut all the major operations in many sectors to curb the spread of the virus thereby restraining the diesel Genset market growth during the first three quarters of 2020. However, the upcoming construction projects such as Rooppur Nuclear Power Plant, Padma Bridge among many others require an uninterrupted power supply which would bolster the demand for diesel gensets in the country over the coming period. Further, as per the Dhaka Chamber of Commerce and Industry, Bangladesh would need to invest approximately $25 billion annually through 2030 in order to meet the country’s growing infrastructural needs. This in turn, would back the demand for diesel gensets in order to serve the additional auxiliary power demand created.

Bangladesh Diesel Genset Market

Market Analysis by kVA Rating

Further, based on kVA Rating, up to 100kVA, 100.1kVA to 350kVA and 350.1kVA to 1000kVA account for a cumulative market share of around 70% in the total market revenues in 2020. The market revenues were dominated by up to 100 kVA gensets in the year 2020, primarily due to the usage of such gensets in homes, small societies, shops and local offices on account of low electrification rates. Additionally, the market for low capacity gensets is anticipated to emerge as key growing segment on account rapid expansion pace of urbanization and growing use of genset by small shops. ▪ Furthermore, the diesel gensets with the rating of 100.1kVA to 350kVA are also anticipated to register significant growth over the coming years on account of rapid government investments in the industrial sector through public private partnerships. The industrial processes such as power plants, oil and gas plants require uninterrupted power supply, thereby, creating numerous prospects for the diesel genset market in the country over the forthcoming period.

Market Analysis by Application

Based on applications, the industrial vertical emerged as the dominating segment, in revenue terms, in 2020. On account of widespread usage of gensets in factories and manufacturing plants. Power generation and oil & gas industries are the major users of diesel generators in the industrial segment. As these processes are critical, they are generally backed by secondary power sources such as diesel gen-sets, to provide power in case of outages and to cater to additional load/power requirements.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Bangladesh Diesel Genset Market Overview
  • Bangladesh Diesel Genset Market Outlook
  • Bangladesh Diesel Genset Market Forecast
  • Historical data of Bangladesh Diesel Genset Market Revenues and Volume for the Period 2017-2020
  • Market Size & Forecast of Market Revenues and Volume until 2027
  • Historical data of Market Revenues and Volume, By kVA Rating for the Period 2017-2020
  • Market Size & Forecast of Market Revenues and Volume, By kVA Rating until 2027
  • Historical data of Market Revenues and Volume, By Applications for the Period 2017-2020
  • Market Size & Forecast of Market Revenues and Volume. By Applications until 2027
  • Historical data of Market Revenues, By Regions for the Period 2017-2020
  • Market Size & Forecast of Market Revenues, By Regions until 2027
  • Market Drivers and Restraints
  • Bangladesh Diesel Genset Market Trends
  • Bangladesh Diesel Genset Market Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • Bangladesh Diesel Genset Market Shares, By Players
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By kVA rating:
    • Up to 100kVA
    • 100.1 to 350kVA
    • 350.1 to 1000kVa
    • Above 1000kVA
  • By Applications:
    • Residential
    • Commercial
    • Industrial
    • Healthcare
    • Hospitality
    • Public Infrastructure
    • Others (Transportation and Power Utilities)
  • By Regions:
    • Northern
    • Southern

Other Key Reports Available:

  • Sri Lanka Diesel Genset Market (2017-2027F)
  • Indonesia Diesel Genset Market (2017-2027F)
Bangladesh Diesel Genset Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Bangladesh Diesel Genset Market revenue is anticipated to record a CAGR of 6.2% during 2021-27.
The market revenues were dominated by up to 100 kVA gensets in the year 2020, primarily due to the usage of such gensets in homes, small societies, shops and local offices on account of low electrification rates.
The industrial vertical segment is expected to record key growth throughout the forecast period 2021-27.
The key players of the market include- Caterpillar Inc., Cummins Inc, Sterling and Wilson Powergen Private Limited, KOHLER-SDMO, DEUTZ AG, Atlas Copco AB, Aksa Power Generation, Kirloskar Oil Engines Limited, Himoinsa S.L., Perkins Engines Company Limited
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1. Executive Summary

2. Introduction

2.1. Report Description

2.2. Key Highlights of the Report

2.3. Market Scope & Segmentation

2.4. Resource Methodology

2.5. Assumptions

3. Bangladesh Diesel Genset Market Overview

3.1. Bangladesh Diesel Genset Market Revenues and Volume, 2017-2027F

3.2. Bangladesh Diesel Genset Market - Industry Life Cycle

3.3. Bangladesh Diesel Genset Market - Porter’s Five Forces Model

3.4. Bangladesh Diesel Genset Market Revenue and Volume Share, By kVA Rating, 2020 & 2027F

3.5. Bangladesh Diesel Genset Market Revenue and Volume Share, By Applications, 2020 & 2027F

  3.6. Bangladesh Diesel Genset Market Revenue Share, By Regions, 2020 & 2027F

4. Bangladesh Diesel Genset Market Dynamics

4.1. Impact Analysis

4.2. Market Drivers

4.3. Market Restraints

5. Bangladesh Diesel Genset Market Trends

6. Bangladesh Diesel Genset Market Overview, By kVA Rating

6.1. Bangladesh Upto 100 kVA Rating Diesel Genset Market Revenues and Volume, 2017-2027F

6.2. Bangladesh 100.1 kVA-350 kVA Rating Diesel Genset Market Revenues and Volume, 2017-2027F

6.3. Bangladesh 350.1 kVA-1000 kVA Rating Diesel Genset Market Revenues and Volume, 2017-2027F

6.4. Bangladesh Above 1000 kVA Rating Diesel Genset Market Revenues and Volume, 2017-2027F

7. Bangladesh Diesel Genset Market Overview, By Applications

7.1. Bangladesh Diesel Genset Market Revenues and Volume, By Residential, 2017-2027F

7.2. Bangladesh Diesel Genset Market Revenues and Volume, By Commercial, 2017-2027F

7.3. Bangladesh Diesel Genset Market Revenues and Volume, By Industrial, 2017-2027F

7.4. Bangladesh Diesel Genset Market Revenues and Volume, By Healthcare, 2017-2027F

7.5. Bangladesh Diesel Genset Market Revenues and Volume, By Hospitality, 2017-2027F

7.6. Bangladesh Diesel Genset Market Revenues and Volume, By Public Infrastructure, 2017-2027F

7.7. Bangladesh Diesel Genset Market Revenues and Volume, By Others, 2017-2027F

8. Bangladesh Diesel Genset Market Overview, By Regions

8.1. Bangladesh Diesel Genset Market Revenues, By Northern Region, 2017-2027F

8.2. Bangladesh Diesel Genset Market Revenues, By Southern Region, 2017-2027F

9. Bangladesh Diesel Genset Market - Key Performance Indicators

10. Bangladesh Diesel Genset Market Opportunity Assessment

10.1. Bangladesh Diesel Genset Market Opportunity Assessment, By kVA Rating, 2027F

10.2. Bangladesh Diesel Genset Market Opportunity Assessment, By Applications, 2027F

11. Bangladesh Access Control System Market Competitive Landscape

11.1. Bangladesh Diesel Genset Market Competitive Benchmarking By Operating Parameters

11.2. Bangladesh Diesel Genset Market Revenue Share, By Company, 2019

12. Company Profiles

12.1. Caterpillar Inc.

12.2. Cummins Inc

12.3. Sterling and Wilson Powergen Private Limited

12.4. KOHLER-SDMO

12.5. DEUTZ AG

12.6. Atlas Copco AB

12.7. Aksa Power Generation

12.8. Kirloskar Oil Engines Limited

12.9. Himoinsa S.L.

12.10. Perkins Engines Company Limited

13. Key Strategic Recommendations

14. Disclaimer

List of Figures

1. Bangladesh Diesel Genset Market Revenues and Volume, 2017-2027F ($ Million, Units)

2. Bangladesh Diesel Genset Market Revenue Share, By kVA Rating, 2020 & 2027F

3. Bangladesh Diesel Genset Market Volume Share, By kVARating, 2020 & 2027F

4. Bangladesh Diesel Genset Market Revenue Share, By Applications, 2020 & 2027F

5. Bangladesh Diesel Genset Market Volume Share, By Applications, 2020 & 2027F

6. Bangladesh Diesel Genset Market Revenue Share, By Regions, 2020 & 2027F

7. Bangladesh Diesel Genset Market Volume Share, By Regions, 2020 & 2027F

8. Bangladesh Per Capita Carbon Di Oxide Emission, 2010-2020 (Tonnes)

9. Bangladesh Diesel Genset Market Opportunity Assessment, By kVA Rating, 2027F

10. Bangladesh Diesel Genset Market Opportunity Assessment, By Applications, 2027F

11. Bangladesh Diesel Genset Market Revenue Share, By Companies, 2020

12. Bangladesh Diesel Genset Market – Ansoff Matrix

List of Tables

1. Bangladesh Upcoming Tourism Sector Projects

2. Bangladesh Upcoming Skyscraper Projects

3. : Bangladesh Upcoming Transportation Projects

4. Bangladesh Diesel Genset Market Revenues, By kVA Rating, 2017-2027F ($ Million)

5. Bangladesh Diesel Genset Market Volume, By kVA Rating, 2017-2027F (Units)

6. Bangladesh Diesel Genset Market Revenues, By Applications, 2017-2027F ($ Million)

7. Bangladesh Diesel Genset Market Volume, By Applications, 2017-2027F (Units)

8. Bangladesh Diesel Genset Market Revenue, By Regions, 2017-2027F ($ Million)

9. Bangladesh Diesel Genset Market Volume, By Regions, 2017-2027F (Units)

10. Bangladesh Upcoming Major Projects

11. Bangladesh Upcoming Projects

12. Bangladesh Upcoming Mega Commercial Projects

13. Bangladesh Upcoming Commercial Projects

Democratic Republic of Congo Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

Mali Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

Uganda Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape.

China Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Europe Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

France Diesel Genset Market  (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Germany Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Italy Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Japan Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Russia Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

UK Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Australia Diesel Genset Market (2019-2025): Market Forecast By kVA Ratings (5 - 75 kVA, 75.1 - 375 kVA, 375.1 - 750 kVA, 750.1 - 1000 kVA And Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Infrastructure) And Competitive Landscape.

Zambia Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Tunisia Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Tanzania Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Somalia Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Angola Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Sri Lanka Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

South Korea Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Pakistan Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

New Zealand Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), By Regions (Eastern, Northern, Western and Southern) and Competitive Landscape

Nepal Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

Hong Kong Diesel Genset Market (2020-2026): Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, And Above 750 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure) and Competitive Landscape

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