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

South Korea Diesel Genset (Generator) Market is projected to grow over the coming year. South Korea Diesel Genset (Generator) Market report is a part of our periodical regional publication Asia Pacific Diesel Genset (Generator) Market outlook report. 6W tracks diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Diesel Genset (Generator) Market outlook report annually.

South Korea Diesel Genset 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.

South Korea Diesel Genset (Genset) Market Synopsis

South Korea Diesel Genset Market is likely to register modest growth during the forecast period on account of rising electricity demand. The increasing government’s efforts to shift towards sustainable and reliable source of power generation beholds the growth of the market. Moreover, growing residential and commercial sector backed by infrastructure development is driving the growth of the market. Rising instances of power outages coupled with continuous increasing demand for power supply is fueling the growth of the market.

According to 6Wresearch, South Korea Diesel Genset Market size is projected to grow at a CAGR of 2.3% during 2021-2027. South Korea occupies 5th position in terms of the market size in the APAC Diesel Genset Market. Growing construction sector coupled with expansion of data centers, hospitals, government office and private complex beholds the growth of the market. Data centers that need to have multiple power backup options in order to avoid the hindrance of work during power failure is expected to boost the growth of the market. However, the Diesel Generator market in South Korea experienced decline on account of COVID-19. Nationwide lockdown led to the hindrance in growth of the market on account of restrictions on public gathering.

Market Analysis by Kva Ratings

In terms of market by kva ratings, 750.1KVA-1000KVA dominates the market and is expected to remain in a dominant position in the coming years. However, 375.1KVA-750KVA rating is expected to have the fastest growth rate among all ratings.

Market Analysis by Application

In terms of application, Industrial segment dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.

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

• South Korea Diesel Genset Market Outlook
• Market Size of South Korea Diesel Genset Market, 2020
• Forecast of South Korea Diesel Genset Market, 2027
• Historical Data and Forecast of South Korea Diesel Genset Revenues & Volume for the Period 2017 - 2027
• South Korea Diesel Genset Market Trend Evolution
• South Korea Diesel Genset Market Drivers and Challenges
• South Korea Diesel Genset Price Trends
• South Korea Diesel Genset Porter's Five Forces
• South Korea Diesel Genset Industry Life Cycle
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By 5 - 75 KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By 75.1 - 375 KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By 375.1 - 750 KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By 750.1 - 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Above 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Industrial for the Period 2017 - 2027
• Historical Data and Forecast of South Korea Diesel Genset Market Revenues & Volume By Transportation & Public Infrastructure for the Period 2017 - 2027
• South Korea Diesel Genset Import Export Trade Statistics
• Market Opportunity Assessment By KVA
• Market Opportunity Assessment By Application
• South Korea Diesel Genset Top Companies Market Share
• South Korea Diesel Genset Competitive Benchmarking By Technical and Operational Parameters
• South Korea Diesel Genset Company Profiles
• South Korea Diesel Genset Key Strategic Recommendations

Market Scope and Segmentation

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

• By KVA Rating:
• Up to 75 kVA
• 75.1 - 375 kVA
• 375.1 - 750 kVA
• 750 - 1000 kVA
• More than 1000 kVA

• By Application:
• Residential
• Commercial
• Industrial
• Transportation & Infrastructure Application

Frequently Asked Questions About the Market Study (FAQs):