Publishing: September 2021 | Report Code: PE12109 | Available Format: PDF
The Malaysian diesel generator set market is expected to witness promising growth, with an increase in the system demand from data centers, commercial buildings, hotels, and manufacturing facilities. In recent past, multinational companies began looking at Malaysia as a suitable location for setting up data centers. Additionally, it is emerging as a regional hub for manufacturing industries; such facilities require a continuous power supply.
The Malaysian diesel genset market is categorized into 5 kVA–75 KVA, 75 kVA–375 KVA, 375 kVA–750 KVA, and above 750 KVA, on the basis of power rating. Among these, the 5 kVA–75 KVA category is projected to account for the largest share throughout the forecast period (2020–2030). This dominance can be attributed to the large-scale adoption of such gensets in commercial settings, including retail establishments, telecom towers, offices, and shopping complexes, and small industrial facilities.
The Malaysian diesel genset market has also been categorized into residential, commercial, and industrial, based on application. Among these, the industrial application of DG sets in the country is expected to account for a significant share during the forecast period. The country is emerging as a manufacturing hub due to its advantageous geographic location, which results in proximity to several Southeast Asian nations. Hence, with the growth of the industrial sector in the country, the usage of DG sets is expected to increase in Malaysia during the forecast period.
The Malaysian diesel generator set market is poised to witness strong growth on account of an increasing demand for such systems from the construction sector of the country. In recent years, the government spending on construction activities has witnessed a rise, due to which the demand for diesel gensets has increased in order to provide a continuous supply of power for smooth operations, even during power cuts.
The increasing awareness regarding the harmful effects of diesel emissions is one of the key factors likely to restrain the growth of the market in the country. Diesel exhaust is carcinogenic in nature, which is why prolonged exposure to it can increase the risk of lung cancer, as well as lead to profound inflammatory changes. Owing to such harmful effects, the market is likely to be negatively impacted during the forecast period.
Some of the key players operating in the diesel generator set market of the country are Safesidepower Sdn Bhd., Cummins Inc., Atlas Copco (Malaysia) Sdn Bhd., Dancomair Engineering Sdn Bhd., HONG TAK ENGINEERING SDN BHD., WCM Power, AGCO GSI (Malaysia) Sdn Bhd., and Powertrade Energy Sdn Bhd.
The study provides the historical as well as forecast sizes for the diesel generator set market in Malaysia.
Segmentation by Power Rating
Segmentation by Power Requirement
Segmentation by Application
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