According to this research, Burundi Diesel
Genset Market size is projected to grow at a CAGR of 4.8% during 2019-25.
The economy of Burundi is recovering slowly
after two consecutive years of recession in 2015 (-3.9%) and 2016 (-0.6%). The
diesel genset market of Burundi witnessed sluggish growth during the last few
years owing to political instability and fuel shortages in 2017 due to lack of
hard currency which brought many businesses to a standstill.
During the
forecast period, the diesel genset market in the country is anticipated to
witness moderate growth owing to increasing reports of power failure and rising
demand for diesel generators across all verticals as a source of backup power.
Moreover, the diesel genset market of Burundi is primarily import driven due to
lack of OEM manufacturers of diesel gensets in the country
In Burundi, diesel gensets with 75.1 - 375 kVA
rating, accounted for the majority of the revenue share in the overall market
in 2018, due to increasing demand for diesel gensets across various sectors
such as banking, power utilities and construction. Additionally, increasing
utilization of lower rating gensets across domains, such as telecom
infrastructure, unreliable and off-grid areas, and other commercial sectors,
would help the 5 - 75 kVA diesel genset segment to register higher growth
during the forecast period.
The Burundi diesel genset market report
thoroughly covers the market by kVA rating, verticals and regions. Burundi
diesel genset market outlook report provides an unbiased and detailed analysis
of the on-going Burundi diesel genset 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.
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