Le Lézard
Classified in: Oil industry
Subject: MRR

South African Diesel Genset Industry Outlook Report 2022-2025: Opportunities for Distributor in Innovative Customer Services and the Ability to Adapt and Enter New Markets


DUBLIN, Jan. 26, 2023 /PRNewswire/ -- The "South African Diesel Genset Industry, Outlook 2025" report has been added to  ResearchAndMarkets.com's offering.

Research and Markets Logo

South Africa is arguably sub-Saharan Africa's most developed economy and home to the region's largest energy sector.

However, the country's chronic energy crisis, most evident from the frequent loadshedding, largely stems from the failure of the national power utility, Eskom, to provide reliable, constant power supply due to its ailing coal-powered fleets and insufficient maintenance of the transmission and distribution network.

The poor condition of South Africa's national T&D network makes it prone to frequent unscheduled breakdowns, theft, and vandalization. The industry is looking at alternative backup power sources, such as diesel-powered generators, to avoid further operational losses. South Africa's primary need for diesel gensets lies in standby applications for industries and businesses, not prime power use.

The electricity grid is generally stable, with demand linked directly to loadshedding. The country has no direct manufacturing of diesel generators and heavily relies on the import of engines, alternators, or complete gensets from international markets.

While population growth, higher living standards, and increased industrial/mining activity drive demand for diesel gensets, alternative technologies such as renewable sources (wind, solar), battery energy storage systems, and gas generators are increasingly popular, restraining the diesel genset market growth.

However, alternative distributed energy resources (DER) are, to date, more expensive than diesel gensets and forecast to remain in the next 5 years. There are many opportunities for genset distributors to overcome market restraints through innovative customer services and the ability to adapt and enter new market opportunities.

Key Topics Covered:

1. Analysis Highlights

2. Strategic Imperatives

3. Project Scope

4. South Africa Macroeconomic Outlook

5. Growth Drivers and Restraints

6. South African Diesel Generator Market Fundamentals

7. Growth Opportunity Universe

8. Key Conclusions

For more information about this report visit https://www.researchandmarkets.com/r/tzfg0u

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

 

SOURCE Research and Markets


These press releases may also interest you

at 07:16
Huawei is presenting its innovative Intelligent Distribution Solution (IDS) at the 26th World Energy Congress in Rotterdam. Developed in collaboration with ecosystem partners, the IDS aims to tackle the electric power industry's most pressing...

at 07:00
IsoEnergy Ltd. ("IsoEnergy" or the "Company")  is pleased to provide an update on the results of winter 2024 exploration work on its eastern Athabasca Basin uranium properties (Figure 1). A total of 7,227 metres of drilling in 13 diamond drill holes...

at 07:00
WeaveGrid, a leading software provider whose products help enable accelerated electric vehicle (EV) adoption on the electric grid, today announced they will collaborate with Southern Company subsidiary Alabama Power to launch an innovative new...

at 07:00
Adjusted EBITDA1 of $132 million ($0.47/basic share)Discretionary Free Cash Flow1 of $93 million ($0.33/basic share)Strengthened our capital structure with debt repayment and refinancing. At March 31, 2024, the Corporation had $264 million of cash...

at 07:00
Summit Midstream Partners, LP ("Summit," "SMLP" or the "Partnership") today announced it will report operating and financial results for the first quarter of 2024 on Friday, May 3, 2024, before the open of trading on the New York Stock Exchange....

at 06:51
RPC, Inc. ("RPC" or "the Company"), a leading diversified oilfield services company, announced its unaudited results for the first quarter ended March 31, 2024. * Non-GAAP and adjusted measures, including adjusted operating income, adjusted net...



News published on and distributed by: