Market Forecast By KVA (5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA), By Application (Residential, Commercial, Industrial, Transportation & Public Infrastructure) And Competitive Landscape
|Product Code: ETC090025||Publication Date: Mar 2023||Product Type: Market Research Report|
|Publisher: 6Wresearch||No. of Pages: 70||No. of Figures: 35||No. of Tables: 5|
Malaysia Diesel Genset Market is forecast to grow in the coming years. The market has also witnessed several notable developments with significant demand for generators in the healthcare, construction, and manufacturing industries. For instance, the increasing demand for energy-efficient Gensets to reduce carbon footprint and lower energy bills is one such major development in this market. Several companies and manufacturers are responding by introducing new products that use cleaner fuels and advanced technologies. Moreover, the rising rental services in Malaysia allow individuals and businesses to avoid high upfront costs and provide more flexibility in managing their power needs.
Overall, the Malaysia diesel Genset industry is anticipated to grow in the coming years owing to the increasing demand from various industries and growing industrialization and commercialization as diesel gensets are widely used in the manufacturing, mining, and construction industries. Additionally, the government has launched several initiatives to improve the country's power infrastructure and increase the share of renewable energy in the power mix. Furthermore, the increasing use of diesel gensets in the residential sector as backup power solutions is further proliferating the demand for uninterrupted power supply for homes.
Malaysia Diesel Generator Market report comprehensively covers the market by kVA ratings and application. The market 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.
Malaysia Diesel Genset Market is expected to project modest growth during the upcoming period owing to the increasing penetration towards the adequate generation of power. Increasing power outages along with the inadequate generation of power beholds the increasing growth of the Diesel generator market. The development of the Diesel Genset market is also driven by multiple factors such as the growing hospitality sector, rapid urbanization, and an upsurge in population. Moreover, increasing migration towards urban areas is also driving the need for power backup options further leading to the growth in Diesel Genset Market in Malaysia.
According to 6Wresearch, the Malaysia Diesel Generator Market size is projected to grow at a CAGR of 3.5% during 2021-2027. Malaysia occupies the 13th position in terms of market size in the APAC Diesel Genset Market. The strengthening of the healthcare and tourism industry is also boosting the growth of the market. Also, increasing the establishment of offices, complexes and malls is likely to trigger the potential growth of the market.
In terms of market by kVA ratings, 5KVA-75KVA dominates the market and is expected to remain in a dominant position in the coming years. However, the above 1000KVA rating is expected to have the fastest growth rate among all ratings.
In terms of application, Commercial dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.
The outburst of COVID-19 pandemic negatively affected the growth of the market on account of the shutting down of manufacturing units backed by a nationwide lockdown leading to the restriction on public gatherings. The nationwide restriction led to disruption in the supply chain of Diesel Genset which further hampered the growth of the market.
Some of the key players in the Malaysia Diesel Genset Market
The report provides a detailed analysis of the following market segments:
|1 Executive Summary|
|2.1 Key Highlights of the Report|
|2.2 Report Description|
|2.3 Market Scope & Segmentation|
|2.4 Research Methodology|
|3 Malaysia Diesel Genset Market Overview|
|3.1 Malaysia Country Macro Economic Indicators|
|3.2 Malaysia Diesel Genset Market Revenues & Volume, 2020 & 2027F|
|3.3 Malaysia Diesel Genset Market - Industry Life Cycle|
|3.4 Malaysia Diesel Genset Market - Porter's Five Forces|
|3.5 Malaysia Diesel Genset Market Revenues & Volume Share, By KVA, 2020 & 2027F|
|3.6 Malaysia Diesel Genset Market Revenues & Volume Share, By Application, 2020 & 2027F|
|4 Malaysia Diesel Genset Market Dynamics|
|4.1 Impact Analysis|
|4.2 Market Drivers|
|4.3 Market Restraints|
|5 Malaysia Diesel Genset Market Trends|
|6 Malaysia Diesel Genset Market, By Types|
|6.1 Malaysia Diesel Genset Market, By KVA|
|6.1.1 Overview and Analysis|
|6.1.2 Malaysia Diesel Genset Market Revenues & Volume, By KVA, 2017 - 2027F|
|6.1.3 Malaysia Diesel Genset Market Revenues & Volume, By 5 - 75 KVA, 2017 - 2027F|
|6.1.4 Malaysia Diesel Genset Market Revenues & Volume, By 75.1 - 375 KVA, 2017 - 2027F|
|6.1.5 Malaysia Diesel Genset Market Revenues & Volume, By 375.1 - 750 KVA, 2017 - 2027F|
|6.1.6 Malaysia Diesel Genset Market Revenues & Volume, By 750.1 - 1000 KVA, 2017 - 2027F|
|6.1.7 Malaysia Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2017 - 2027F|
|6.2 Malaysia Diesel Genset Market, By Application|
|6.2.1 Overview and Analysis|
|6.2.2 Malaysia Diesel Genset Market Revenues & Volume, By Residential, 2017 - 2027F|
|6.2.3 Malaysia Diesel Genset Market Revenues & Volume, By Commercial, 2017 - 2027F|
|6.2.4 Malaysia Diesel Genset Market Revenues & Volume, By Industrial, 2017 - 2027F|
|6.2.5 Malaysia Diesel Genset Market Revenues & Volume, By Transportation & Public Infrastructure, 2017 - 2027F|
|7 Malaysia Diesel Genset Market Import-Export Trade Statistics|
|7.1 Malaysia Diesel Genset Market Export to Major Countries|
|7.2 Malaysia Diesel Genset Market Imports from Major Countries|
|8 Malaysia Diesel Genset Market Key Performance Indicators|
|9 Malaysia Diesel Genset Market - Opportunity Assessment|
|9.1 Malaysia Diesel Genset Market Opportunity Assessment, By KVA, 2020 & 2027F|
|9.2 Malaysia Diesel Genset Market Opportunity Assessment, By Application, 2020 & 2027F|
|10 Malaysia Diesel Genset Market - Competitive Landscape|
|10.1 Malaysia Diesel Genset Market Revenue Share, By Companies, 2020|
|10.2 Malaysia Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters|
|11 Company Profiles|