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: ETC090022 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
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
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Diesel Genset Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Diesel Genset Market Revenues & Volume, 2020 & 2027F |
3.3 South Korea Diesel Genset Market - Industry Life Cycle |
3.4 South Korea Diesel Genset Market - Porter's Five Forces |
3.5 South Korea Diesel Genset Market Revenues & Volume Share, By KVA, 2020 & 2027F |
3.6 South Korea Diesel Genset Market Revenues & Volume Share, By Application, 2020 & 2027F |
4 South Korea Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Korea Diesel Genset Market Trends |
6 South Korea Diesel Genset Market, By Types |
6.1 South Korea Diesel Genset Market, By KVA |
6.1.1 Overview and Analysis |
6.1.2 South Korea Diesel Genset Market Revenues & Volume, By KVA, 2017 - 2027F |
6.1.3 South Korea Diesel Genset Market Revenues & Volume, By 5 - 75 KVA, 2017 - 2027F |
6.1.4 South Korea Diesel Genset Market Revenues & Volume, By 75.1 - 375 KVA, 2017 - 2027F |
6.1.5 South Korea Diesel Genset Market Revenues & Volume, By 375.1 - 750 KVA, 2017 - 2027F |
6.1.6 South Korea Diesel Genset Market Revenues & Volume, By 750.1 - 1000 KVA, 2017 - 2027F |
6.1.7 South Korea Diesel Genset Market Revenues & Volume, By Above 1000 KVA, 2017 - 2027F |
6.2 South Korea Diesel Genset Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Diesel Genset Market Revenues & Volume, By Residential, 2017 - 2027F |
6.2.3 South Korea Diesel Genset Market Revenues & Volume, By Commercial , 2017 - 2027F |
6.2.4 South Korea Diesel Genset Market Revenues & Volume, By Industrial, 2017 - 2027F |
6.2.5 South Korea Diesel Genset Market Revenues & Volume, By Transportation & Public Infrastructure, 2017 - 2027F |
7 South Korea Diesel Genset Market Import-Export Trade Statistics |
7.1 South Korea Diesel Genset Market Export to Major Countries |
7.2 South Korea Diesel Genset Market Imports from Major Countries |
8 South Korea Diesel Genset Market Key Performance Indicators |
9 South Korea Diesel Genset Market - Opportunity Assessment |
9.1 South Korea Diesel Genset Market Opportunity Assessment, By KVA, 2020 & 2027F |
9.2 South Korea Diesel Genset Market Opportunity Assessment, By Application, 2020 & 2027F |
10 South Korea Diesel Genset Market - Competitive Landscape |
10.1 South Korea Diesel Genset Market Revenue Share, By Companies, 2020 |
10.2 South Korea Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |