Market Highlights
The need for continuous uninterrupted power supply is growing because of the worldwide rise in population and rapid industrialization. Power outages can severely affect productivity and the daily lives of people. This is driving the market for diesel generators, which act as standby power solutions.
The Diesel Power Generators Market in the Asia-Pacific region is expected to grow the fastest during the forecast period. Existing grid infrastructure in the Asia-Pacific region cannot meet the growing demand for power and results in increased power outages, especially in countries such as India, industrialization has contributed to many IT and data centers, telecom industries and also many infrastructure projects, which needs continuous power. Power consumption is rising quickly while underdeveloped electricity transmission and distribution infrastructure cannot ensure continuous power supply
Asia-Pacific region is expected to grow at the fastest rate
Rapid industrialization in countries such as China, India, Indonesia and Australia demand continuous power for operations of industrial sector, data centers and emergency services in these countries. Ageing grid infrastructure often hampers the supply for continuous power. Thus diesel generators are indispensable in providing uninterrupted power supply. This is creating a lucrative market for diesel generators in this region. However, the growth in North America and Europe regions is expected to be stagnated because of rising environmental impact of using diesel generators and the necessity to meet global climate change targets.
Key Players
The key players of global diesel generator markets are Caterpillar Inc. (U.S.), Cummins Inc.(U.S.), Kohler Co.(U.S), Mitsubishi Heavy Industries, Ltd. (Japan), Kirloskar Group (India), Briggs & Stratton (U.S), Wärtsilä (Finland), AKSA Power Generation (Turkey) and Yanmar Co., Ltd. (Japan).
Scope of the Report
This study provides an overview of the global diesel generators market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights diesel generators market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global diesel generators market by its portability type, operations type, by power ratings, by end users and by regions.
By Portability Type
- Standby power supply
- Portable power supply
By Operations Type
- Standby power
- Peak savings
- Continuous power
By Power ratings
- 0-100 kVA
- 350 kVA
- 350-1000 kVA
- Above 1000 kVA
By End users
- Industrial
- Commercial
- Residential
By Regions
- North America
- Asia Pacific
- Europe
- Rest of the World
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