| Study Period | 2019 - 2024 |
| 2024 Market Size | USD 16.5 Million |
| 2025 Market Size | USD 17.2 Million |
| 2030 Forecast | USD 21.2 Million |
| Growth Rate (CAGR) | 4.3% |
| Largest Application Category | Industrial |
| Largest Power Rating Category | 15–75 kVA |
| Nature of the Market | Consolidated |
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The Zambian diesel genset market size stands at an estimated USD 16.5 million in 2024, and it is expected to demonstrate a CAGR of 4.3% during 2025–2030, reaching USD 21.2 million by 2030. This is primarily due to the rising demand for standalone and backup power sources, mostly in residential buildings, retail stores, offices, hospitals, and hotels. Furthermore, these gensets are required for construction, manufacturing, power, and oil and gas applications.
Increased government efforts to improve electrification and developments in the power sector, rapid urbanization, and rise in the need for safe and dependable electric supply in Zambia are major factors driving the market for diesel gensets. Furthermore, the increasing household construction activities in the country are significantly boosting the need for dependable electricity backup devices, which is expected to benefit the growth of the market in the upcoming years.
Moreover, Zambia is focusing on infrastructure development. For instance, the Pave Zambia 2000 Program aims at the rehabilitation of 2,000 km of urban roads, and the L400 project involves the construction of 400 km of Lusaka urban roads, which costs USD 348 million. These ongoing infrastructure projects will positively impact the market growth.
In 2024, the largest share in the Zambian diesel genset market, of 55%, is held by the 15–75 kVA category. It will witness the fastest growth during the forecast period, with a CAGR of 5.0%.
This is mainly attributed to the low price of these gensets and their high demand in residential facilities, telecom towers, small industries, hotels, and commercial complexes.
Moreover, these gensets are suitable for small-to-medium-size locations and have a high installation rate in commercial complexes and residential apartments, such as telecom towers, retail shops, and small businesses. As a result of the abovementioned factors, these gensets are predicted to have the highest sales in the coming years as well in the country.
We have analyzed the following power ratings:
In 2024, the industrial category dominates the Zambian diesel genset market with 65% revenue share. It is also the fastest-growing category, with 4.7% CAGR, over this decade. This is because diesel gensets are highly required in the industrial sector of the country, mainly for manufacturing, power generation, and oil and gas production, as a prime or a backup power source. Zambia is undergoing rapid industrialization, led by local and international efforts.
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The Zambian diesel genset market is consolidated on account of the dominance of a few established players. They operate worldwide and enjoy strong brand reputation, economies of scale, and established distribution networks. Moreover, it takes extensive R&D and an advanced manufacturing setup to offer gensets compliant with the evolving regulations on fuel efficiency, noise, and emissions.
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