Publishing: November 2021 | Report Code: PE12106 | Available Format: PDF
A key trend being observed in the Singapore diesel generator set market is the demand for such equipment from data centers and the infrastructure sector of the country. Singapore is home to the data centers of several multinational companies, such as Google, Amazon, Microsoft, and Equinix. Companies worldwide are relocating the backbone of their essential operations to Singapore on account of its geographical advantages, such as proximity to Southeast Asian countries. In order to prevent server crashes and provide an uninterrupted power supply, the usage of diesel generator sets at the data centers in Singapore is increasing at a high pace.
The Singapore diesel genset market is classified into 5 kVA–75 KVA, 75 kVA–375 KVA, 375 kVA–750 KVA, and above 750 KVA, based on power rating. Among these, the 5 kVA–75 KVA category is expected to account for the largest share throughout the forecast period (2020–2030). This can be ascribed to the wide adoption of these gensets in data centers, telecom towers, retail establishments, small-scale industrial facilities, and offices.
The Singapore diesel genset market is also categorized into residential, commercial, and industrial, on the basis of application. Among these, the commercial category is expected to account for a significant share during the forecast period, owing to the substantial growth of the infrastructure sector in the country, including the expansion of commercial establishments and data centers. In order to provide a continuous power supply for uninterrupted business operations, the adoption of diesel gensets in the commercial sector is expected to rise in Singapore during the forecast period.
The diesel generator set market in Singapore is primarily driven by the high backup power requirement in hotels, malls, and other commercial buildings, such as data centers and offices. Singapore serves as a key trading hub and tourist destination, witnessing a footfall of over 18.5 million international tourists annually. Hence, there is a high requirement for diesel gensets in commercial spaces, including hotels, for continuous power supply.
Singapore has one of the most-developed and reliable power grids, with an average interruption time of less than 1 minute per customer, annually. However, there is an occasional voltage dip, which is a momentary reduction in the electricity supply voltage. On account of the efficient and reliable grid connectivity in the country, the usage of diesel gensets is limited, owing to which the Singapore diesel generator set market is expected to witness a restrained growth during the forecast period.
Some of the major companies operating in the diesel generator set market in the country are Cummins Inc., Kubota Corporation, YANMAR HOLDINGS CO. LTD., Atlas Copco (South-East Asia) Pte Ltd., Powerzone Technologies Pte Ltd., FG Wilson Asia Pte Ltd., XMH Holdings Ltd., Denyo United Machinery Pte Ltd., and THE SEDO CORPORATION LTD.
The study provides the historical as well as forecast sizes for the diesel generator set market in Singapore.
Segmentation by Power Rating
Segmentation by Power Requirement
Segmentation by Application
Get a bespoke market intelligence solution
Our dedication to providing the most-accurate market information has earned us verification by Dun & Bradstreet (D&B). We strive for quality checking of the highest level to enable data-driven decision making for you
Our insights into the minutest levels of the markets, including the latest trends and competitive landscape, give you all the answers you need to take your business to new heights
With 24/7 research support, we ensure that the wheels of your business never stop turning. Don’t let time stand in your way. Get all your queries answered with a simple phone call or email, as and when required
We take a cautious approach to protecting your personal and confidential information. Trust is the strongest bond that connects us and our clients, and trust we build by complying with all international and domestic data protection and privacy laws