According to 6Wresearch, Bangladesh Diesel Genset Market size is projected to grow at a CAGR of 9.9% during 2021-27. Diesel gensets find its applications in various sectors such as industrial, commercial, and residential, however, on account of the global coronavirus pandemic, the government decided to shut all the major operations in many sectors to curb the spread of the virus thereby restraining the diesel Genset market growth during the first three quarters of 2020. However, the upcoming construction projects such as Rooppur Nuclear Power Plant, Padma Bridge among many others require an uninterrupted power supply which would bolster the demand for diesel gensets in the country over the coming period. Further, as per the Dhaka Chamber of Commerce and Industry, Bangladesh would need to invest approximately $25 billion annually through 2030 in order to meet the country’s growing infrastructural needs. This in turn, would back the demand for diesel gensets in order to serve the additional auxiliary power demand created.
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