Australia Diesel Genset (Generator) Market

Australia diesel genset market revenues declined in 2020 due to the ongoing pandemic of COVID-19, which resulted in a suspension of economic activities, mining sector, and construction activity in the region due to lockdown across the country. This further led to the disruption in the supply chain and international trade. However, the upsurge in the construction activities, tourism sector, rising urbanization in different states of the country under the ambit of Australia vision 2030 and, growing investment to boost Australia’s diesel storage program, and projects such as MSQ Commercial, 555 Collins Street, West Side Place, Box Hill Town Square, 435 Bourke Street, among others launched by the Australian government would be the key catalysers for the overall growth of the diesel genset market in Australia.

According to 6Wresearch, Australia Diesel Generator Market size is projected to grow at CAGR of 3.2% during 2021-27. In Australia, the diesel genset market is anticipated to experience steady growth in the forecast period on account of developments in the mining and construction sector of the country. These sectors comprise a considerable share in the overall Australian GDP, thereby creating opportunities for diesel genset market in the coming years. Additionally, growing tourism industry and rising international tourist arrivals of Australia has led to increasing number of hotels, villas, commercial complexes, and restaurants, which have major application of diesel genset for standby application and thus their positive outlook would surge the demand for Australia diesel generator market in the coming years.

Market by KVA Rating Analysis

By kVA Rating more than above 1000 KVA accounted for most of the market revenue share due to their extensive usage in the manufacturing and mining sector. Additionally, the regional share of the diesel genset market is dominated by Queensland in Australia due to the presence of huge mining industry and construction sector.

Key Highlights of the Report

  • Australia Diesel Genset Market Overview
  • Australia Diesel Genset Market Outlook
  • Australia Diesel Genset Market Trends
  • Australia Diesel Genset Market Forecast
  • Competitive Benchmarking
  • Company Profiles
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Australia Diesel Genset Market COVID-19 Impact Analysis
  • Key Strategic Recommendations
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment Australia Diesel Genset Market Share, By Companies

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