Ghana DG Set Market Analysis
Explore In-Depth Ghana DG Set Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2030
Report Code: 12323
Explore In-Depth Ghana DG Set Market Analysis, Covering Detailed Segmentation and Geographical Insights for the Period of 2019 to 2030
The 15–75 kVA category holds the largest revenue share, of 35%, in 2024 in the market. Due to their suitability for small-to-medium-size locations, these have a high installation rate in residential apartments and commercial complexes, such as telecom towers, small-scale businesses, and retail shops. As a result of the abovementioned factor, these gensets are predicted to have high sales in the coming years as well in the country.
The 751–999 kVA category is the fastest-growing, at a CAGR of 2.8%. These systems are considered highly reliable, which boosts their usage across applications, especially mining, oil & gas, and construction. In this regard, the rampant infrastructure development in Ghana, which requires efficient power backup, drives the market in this category.
The following power ratings have been analyzed:
Industrial is the largest category, with 55% value share, and it will witness the highest CAGR, of 2.6%, during the forecast period. This is due to the rampant industrialization in Ghana as a means of boosting its economy and exports. Since power outages can have a significant impact on production, power backup systems are vital at industrial facilities. Depending on the floor area and overall electrical load, DG sets of varying power ratings are used.
The report covers the following end uses:
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