The Democratic Republic of the Congo diesel generator set market will advance at a CAGR of 3.3% during 2021–2030, to reach $62.1 million by 2030. This can be ascribed to the rising demand for power, with the year-on-year growth in the population.
This is why the country has launched several infrastructure projects, such as Tshilejelu, which is oriented toward the development of healthcare, road, electrical generation & transmission, water and sewage, lodging, and education infrastructure. Such private and government projects are leading to a boom in the construction industry, thus leading to the increase in the demand for power. To meet the surging demand for backup power sources, the need for diesel gensets in the country is increasing.
Based on power rating, the 15–75 kVA category, which currently holds the biggest Democratic Republic of the Congo diesel generator set market share, is expected to advance at a strong CAGR, of 3.7%, between 2021 and 2030. Since the housing sector accounts for around 35% of the nation's total power usage, the demand for these generators comes mostly from it. Additionally, the majority of the generator sets utilized in residential societies have a power rating of 15 kVA to 75 kVA.
The commercial category is set to grow with a CAGR of 3.7% during the forecast period, under the application segment. This is because with the growing urbanization rate, the country needs more data storage capacity due to the quick acceptance of technologies such as IoT, Industry 4.0, and 5G connectivity. Data centers require a stable power supply as the critical components here are susceptible to power disruptions, load surges, and voltage fluctuations.
Moreover, regional operators as well as the national telecom operator continue to invest in the country for extending the fiber network. As part of the initiatives, LIT laid a 5,000-km network of fiber cables across the country in 2021. Moreover, in collaboration with Facebook, it plans to augment the cable network by 2,000 km. Such initiatives show the rapid growth of the commercial sector and, in turn, a consistent rise in the requirement for electricity. This is driving the sale of generator sets in the country as the grid connectivity here is still not as strong, which leads to frequent power cuts.
Major players in the market include Atlas Copco AB, Kohler Co., Cummins Inc., Caterpillar Inc., Aggreko Ltd., Aksa Power Generation SA (Pty.) Ltd., Inmesol S.L.U., Jubaili Bros, Doosan Enerbility Co. Ltd., and Mitsubishi Heavy Industries Ltd.