Laos Diesel Genset Market Shipment Analysis
Laos Diesel Genset Market registered a decline of -18.83% in value shipments in 2021 as compared to 2020 and an increase of 6.66% CAGR in 2021 over a period of 2017. In Diesel Genset Market Laos is becoming less competitive as HHI index in 2021 was 4862 while in 2017 it was 4187. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Laos has reportedly relied more on imports to meet its growing demand in Diesel Genset Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Diesel Genset Market in 2021 was 2.8 while in 2017 it was 3.35. Australia, China, Singapore, India and Hong Kong were among the top players of the market in 2021, where Australia acquired the largest market share of 55.95% with a shipment value of 1.8 million USD in 2022 Australia also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 58.34% with the shipment value of 1.68 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
Laos Diesel Genset Market Synopsis
Laos diesel Genset market will witness tremendous growth due to growing industrialization, rising infrastructural investment, and increasing demand for a reliable and uninterrupted source of power supply along with growing demand for backup power devices would boost the diesel Genset market growth in the coming years. However, increasing awareness regarding harmful environmental effects caused by diesel power generators would obstruct the diesel Genset market growth.
According to 6Wresearch, Laos Diesel Genset market size is anticipated to register a growth during 2020-2026. The outbreak of the pandemic coronavirus caused the Laos government to take preventive measures and declare a lockdown in the country. The coronavirus lockdown would adversely impact the growth of operations in the transportation, residential, and construction sectors which would further setback the diesel Genset market growth during 2020. However, the market for diesel Genset would gain momentum in the further years of the forecast period due to increasing government investments in upcoming infrastructure such as China-Laos Railway, construction of National Road No 11, and many more, requiring continuous power supply thereby accelerating the diesel Generator market growth.
Based on kVA ratings, a 5 kVA-75 kVA rating diesel Genset would acquire a major market share due to the increasing incidence of power failures due to ageing transmission and distribution networks and increasing demand for standby power. Furthermore, the market demand for 5 kVA-75 kVA rating diesel Genset would augment in the coming years owing to wide usage across several applications, ease of availability, and low cost.
Laos Diesel Generator Market report thoroughly covers the market by kVA ratings and applications. The Laos diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing Laos diesel Genset 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.
Key Highlights of the Report:
- Laos Diesel Genset Market Overview
- Laos Diesel Genset Market Outlook
- Laos Diesel Genset Market Forecast
- Laos Diesel Genset Market Size
- Historical Data of Laos Diesel Genset Market Revenues, for the Period 2016-2019
- Laos Diesel Genset Market Forecast of Revenues, Until 2026
- Historical Data of Laos Diesel Genset Market Revenues, by KVA Ratings, for the Period 2016-2019
- Market Size & Forecast of Laos Diesel Genset Market Revenues, by KVA Ratings, until 2026
- Historical Data of Laos Diesel Genset Market Revenues, By Applications, for the Period 2016-2019
- Market Size & Forecast of Laos Diesel Genset Market Revenues, By Applications, until 2026
- Market Drivers and Restraints
- Laos Diesel Genset Market Trends
- Market Opportunity Assessment
- Laos Diesel Genset Market Share, By Players
- Laos Diesel Genset Market Share, By Regions
- Laos Diesel Genset Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The Laos Diesel Genset market report provides a detailed analysis of the following market segments:
By KVA Ratings:
- 5 kVA-75 kVA
- 75.1 kVA-375 kVA
- 375.1 kVA-750 kVA
- Above 750 kVA
By Applications:
- Residential
- Commercial
- Industrial
- Transportation & Infrastructure
Frequently Asked Questions About the Market Study (FAQs):
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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. Research Methodology |
| 2.5. Assumptions |
| 3. Laos Diesel Genset Market Overview |
| 3.1. Laos Country Indicators |
| 3.2. Laos Diesel Genset Market Revenues, 2016-2026F |
| 3.3. Laos Diesel Genset Market Revenue Share, By kVA Ratings, 2019 & 2026F |
| 3.4. Laos Diesel Genset Market Revenue Share, By Applications, 2019 & 2026F |
| 3.5. Laos Diesel Genset Market - Industry Life Cycle |
| 3.6. Laos Diesel Genset Market - Porter’s Five Forces |
| 4. Laos Diesel Genset Market Dynamics |
| 4.1. Impact Analysis |
| 4.2. Market Drivers |
| 4.3. Market Restraints |
| 5. Laos Diesel Genset Market Trends |
| 6. Laos Diesel Genset Market Overview, By kVA Ratings |
| 6.1. Laos 5 kVA-75 kVA Ratings Diesel Genset Market Revenues, 2016-2026F |
| 6.2. Laos 75.1 kVA-375 kVA Ratings Diesel Genset Market Revenues, 2016-2026F |
| 6.3. Laos 375.1 kVA-750 kVA Ratings Diesel Genset Market Revenues, 2016-2026F |
| 6.4. Laos Above 750 kVA Ratings Diesel Genset Market Revenues, 2016-2026F |
| 7. Laos Diesel Genset Market Overview, By Applications |
| 7.1. Laos Diesel Genset Market Revenues, By Residential Application, 2016-2026F |
| 7.2. Laos Diesel Genset Market Revenues, By Commercial Application, 2016-2026F |
| 7.3. Laos Diesel Genset Market Revenues, By Industrial Application, 2016-2026F |
| 7.4. Laos Diesel Genset Market Revenues, By Transportation & Infrastructure, 2016-2026F |
| 8. Laos Diesel Genset Market - Key Performance Indicators |
| 9. Laos Diesel Genset Market - Opportunity Assessment |
| 9.1. Laos Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2026F |
| 9.2. Laos Diesel Genset Market Opportunity Assessment, By Applications, 2026F |
| 10. Laos Diesel Genset Market Competitive Landscape |
| 10.1. Laos Diesel Genset Market Revenue Share, By Companies, 2019 |
| 10.2. Laos Diesel Genset Market Competitive Benchmarking, By Operating & Technical Parameters |
| 13. Company Profiles |
| 14. Key Recommendations |
| 15. Disclaimer |
