Market Size of Tanzania Diesel Generator Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.60 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Tanzania Diesel Generator Market Analysis
The Tanzanian diesel generator market is expected to record a CAGR of around 3.6% during the forecast period. The COVID-19 outbreak significantly impacted the country's diesel generator (DG) market due to reduced power demand caused by the slowdown in major sectors like manufacturing and construction. It was estimated that, in 2020, the production capacity in the light products manufacturing industry of all the East African nations reduced to 42% during the pandemic, from over 50% before the outbreak. The Tanzanian DG market is likely to grow due to the country's deteriorated power supply scenario and the increasing industrial development. However, the market's growth can be hindered by stringent regulations by the government on various industries to reduce the carbon-emission rate by adopting a cleaner method of power generation.
- The industrial segment is expected to witness the highest growth in the future due to the numerous planned industrial projects in the country.
- The recent growth in the construction activities in the country is likely to become the most attractive opportunity for the Tanzanian DG market. It includes private projects, such as residential and commercial real estate projects, and public projects, such as the construction of roads, bridges, railways, and water systems.
- The steady growth in the service sector is expected to drive the market in the coming years.
Tanzania Diesel Generator Industry Segmentation
The Tanzanian diesel generator market report includes:
| Specification | |
| Less than or Equal to 75kVA | |
| 75kVA-375kVA | |
| More than 375kVA |
| End User | |
| Residential | |
| Commercial | |
| Industrial |
Tanzania Diesel Generator Market Size Summary
The Tanzanian diesel generator market is poised for growth, driven by the country's challenging power supply situation and increasing industrial development. Despite the initial setbacks caused by the COVID-19 pandemic, which reduced power demand in key sectors like manufacturing and construction, the market is expected to expand. The industrial segment is anticipated to experience the most significant growth due to numerous planned projects, while the construction sector presents substantial opportunities through both private and public infrastructure developments. However, the market's expansion may face challenges from government regulations aimed at reducing carbon emissions by promoting cleaner energy sources.
The service sector, contributing significantly to Tanzania's GDP, is also expected to drive demand for diesel generators. Initiatives like the Digital Tanzania Project aim to enhance digital infrastructure, increasing the need for reliable power supply to support IT services and data centers. Additionally, large-scale projects such as the Bagamoyo Special Economic Zone are set to bolster the commercial sector, further boosting power demand. The market is moderately fragmented, with key players like Masterpower Generator Industry and Trading Inc., African Power Machinery (TZ) Ltd, Aksa Power Generation, Caterpillar Inc., and Phoenix Diesel Power Ltd. actively participating in the region. These developments, alongside government efforts to stimulate trade and economic activity, are likely to support the growth of the diesel generator market in Tanzania.
Tanzania Diesel Generator Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2027
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 Specification
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2.1.1 Less than or Equal to 75kVA
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2.1.2 75kVA-375kVA
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2.1.3 More than 375kVA
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2.2 End User
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2.2.1 Residential
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2.2.2 Commercial
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2.2.3 Industrial
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Tanzania Diesel Generator Market Size FAQs
What is the current Tanzania Diesel Generator Market size?
The Tanzania Diesel Generator Market is projected to register a CAGR of greater than 3.60% during the forecast period (2024-2029)
Who are the key players in Tanzania Diesel Generator Market?
Masterpower Generator Industry and Trading Inc, African Power Machinery (TZ) Ltd , Phoenix Diesel Power Ltd , Aksa Power Generation and Caterpillar Inc. are the major companies operating in the Tanzania Diesel Generator Market.
