Diesel genset market size, demand outlook, trend analysis by power rating (< 50 kVA, 50-125 kVA, 125-200 kVA, 200-330 kVA, 330-750 kVA, > 750 kVA), by end-user (commercial, industrial, residential) by Application (standby, peak saving, prime/continuous), and Industry Estimates 2022-2027
- Published: Dec, 2022
- Report ID: QAR-FM02039
- Format: Electronic (PDF)
- Historical Data : 2017 - 2019
The global Diesel genset market is projected to grow at a CAGR of 8.6% over the next six years. Increasing commercial and industrial activity, as well as population growth in a number of world regions, is driving rapid growth in global demand for electricity. Between 2017 and 2040, the International Energy Agency (IEA) projects a 62% increase in net global electricity generation. Furthermore, Africa is expected to show the fastest growth in this regard, as electricity generation is expected to increase by 140%. The Middle East (96%), APAC (84%), and LATAM (68%) will also see significant increases in power generation during this period. To cater the demand the diesel genset have a role to play and has been a choice of equipment across the world primarily in developing economies.
In data centers, diesel gensets are used to power both critical and non-critical components such as servers, backup controls, heating, ventilation, air conditioning, and security systems. In addition, due to the globalization and relocation of services, the increase in government digitization initiatives, and the resurgence of the commercial real estate market, additional demand for single- and multi-tenant data center facilities is expected in the near future. This would also allow smaller companies to host their data needs at third-party sites, an important factor that would enable economies of scale for all stakeholders. All of these factors are likely to increase demand for diesel gensets in these facilities, helping to expand the market.
Developments And Key insights
Increasing investments in infrastructure development in developing countries, complemented by government initiatives for smart city projects, and a burgeoning global retail sector as a result of rising consumer spending are the key factors driving the growth of the commercial category market. During the forecast period, the industrial sector is expected to contribute significantly to the growth of the market. Growth in the manufacturing sector and increasing demand for diesel gensets in the oil & gas industry are the major factors driving the expansion of this market segment.
Regional Overview
Rising demand for coworking spaces in countries such as China, India, and the United States is a major factor driving demand for diesel gensets in this category. In terms of revenue volume, telecommunication towers accounted for the largest share of the market in 2021. Telecom companies are investing heavily in the development of supporting infrastructure to cope with the growing number of subscribers and to address quality of service issues. As diesel gensets are generally used as emergency power generators in telecom towers, their demand is increasing with the growing number of telecom towers across the globe. In addition, a growing construction sector, booming transportation system, and expanding social infrastructure are driving the global market for diesel gensets. In 2021, the APAC region held the largest share of the global diesel genset market. Increasing investments in telecom infrastructure, rapid growth in the manufacturing sector, and rising demand for backup power in residential facilities all contribute to the region's high demand for diesel gensets. As a result of the region's moderately developed power infrastructure, diesel gensets are primarily utilized in APAC to meet auxiliary power needs. Moreover, the increasing frequency of power outages in Southeast Asian nations is driving up demand for diesel generator sets.
The report provides detailed market outlook, and forecast of the “Global Diesel genset market” based on power rating, application, end-user, and by region.
Report Scope
| Research Attribute | Coverage |
|---|---|
| Years Considered | 2020-2027 |
| Historical Years | 2020 |
| Base Year | 2021 |
| Forecast Period | 2022-2027 |
| Units Considered | USD Million/Units 000 |
| Segmentation by power rating |
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| Segmentation by Application |
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| Segmentation by End-User |
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| Region Covered |
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| Key Company Profiles | Kohler, Generac, Yamaha, Cummins, Kirloskar Oil Engine limited, Powerica, Escorts Limited, Sterling Generator, YANMAR, Caterpillar, Trane technologies, Atlas Copco, Ashok Leyland, C&S Electric, JCB, Mahindra Powerol, Supernova Genset, Siemens, are among others. |
CHAPTER 1. Market Scope and Methodology
1.1. Research methodology
1.2. Objectives of the report
1.3. Research scope & assumptions
1.4. List of data sources
CHAPTER 2. Executive Summary
2.1. Diesel genset market – Key End-User insights
CHAPTER 3. Market Outlook
3.1. Market definition
3.2. Market segmentation
3.3. Value chain analysis
3.3.1. Raw material trends
3.3.2. Manufacturing trends
3.4. Technological overview
3.5. Diesel genset Market: developed v/s developing countries
3.6. Market opportunities & trends
3.7. Market dynamics
3.7.1. Market driver analysis
3.7.1.1. Impact analysis
3.7.2. Market restraint analysis
3.7.2.1. Impact analysis
3.8. End-User analysis – Porter’s
3.8.1. Bargaining power of suppliers
3.8.2. Bargaining power of buyers
3.8.3. Threat of new entrants
3.8.4. Threat of substitutes
3.8.5. Competitive rivalry
3.9. PESTEL analysis
CHAPTER 4. Competitive Outlook
4.1. Competitive framework
4.2. Company market share analysis
4.3. Strategic layout
CHAPTER 5. Global Diesel genset Market Size and Forecast (2017 - 2027)
5.1. Global Diesel genset Market, By Power Rating (USD Million/Units 000)
5.1.1. < 50 kVA 5.1.2. 50-125 kVA 5.1.3. 125-200 kVA 5.1.4. 200-330 kVA 5.1.5. 330-750 kVA 5.1.6. > 750 kVA
5.2. Global Diesel genset Market, By Application (USD Million/Units 000)
5.2.1. Standby
5.2.2. Peak saving
5.2.3. Prime/continuous
5.3. Global Diesel genset Market, By End-User (USD Million/Units 000)
5.3.1. Commercial
5.3.2. Industrial
5.3.3. Residential
5.3.4. Others
5.4. Global Diesel genset Market, By Region (USD Million/Units 000)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia-Pacific
5.4.4. Central & South America (CSA)
5.4.5. Middle East & Africa (MEA)
CHAPTER 6. Global Diesel genset Market Size and Forecast, By Region (2017 - 2027)
6.1. North America Diesel genset Market (USD Million/Units 000)
6.1.1. North America Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.1.2. North America Diesel genset Market, By Application (USD Million/ Units 000)
6.1.3. North America Diesel genset Market, By End-User (USD Million/Units 000)
6.1.4. The U.S. Diesel genset Market (USD Million/ Units 000)
6.1.4.1. The U.S. Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.1.4.2. The U.S. Diesel genset Market, By Application (USD Million/ Units 000)
6.1.4.3. The U.S. Diesel genset Market, By End-User (USD Million/ Units 000)
6.1.5. Canada Diesel genset Market (USD Million/Units 000)
6.1.5.1. Canada Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.1.5.2. Canada Diesel genset Market, By Application (USD Million/ Units 000)
6.1.5.3. Canada Diesel genset Market, By End-User (USD Million/ Units 000)
6.1.6. Mexico Diesel genset Market (USD Million/Units 000)
6.1.6.1. Mexico Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.1.6.2. Mexico Diesel genset Market, By Application (USD Million/ Units 000)
6.1.6.3. Mexico Diesel genset Market, By End-User (USD Million/ Units 000)
6.2. Europe Diesel genset Market (USD Million/Units 000)
6.2.1. Europe Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.2. Europe Diesel genset Market, By Application (USD Million/ Units 000)
6.2.3. Europe Diesel genset Market, By End-User (USD Million/Units 000)
6.2.4. Germany Diesel genset Market (USD Million/Units 000)
6.2.4.1. Germany Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.4.2. Germany Diesel genset Market, By Application (USD Million/ Units 000)
6.2.4.3. Germany Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.5. The U.K Diesel genset Market (USD Million/Units 000)
6.2.5.1. The U.K Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.5.2. The U.K Diesel genset Market, By Application (USD Million/ Units 000)
6.2.5.3. The U.K Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.6. France Diesel genset Market (USD Million/Units 000)
6.2.6.1. France Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.6.2. France Diesel genset Market, By Application (USD Million/ Units 000)
6.2.6.3. France Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.6.4. France Diesel genset Market, By Surface area (Units 000)
6.2.6.5. France Diesel genset Market, By Shipment (Units 000)
6.2.7. Italy Diesel genset Market (USD Million/Units 000)
6.2.7.1. Italy Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.7.2. Italy Diesel genset Market, By Application (USD Million/ Units 000)
6.2.7.3. Italy Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.8. Norway Diesel genset Market (USD Million/Units 000)
6.2.8.1. Norway Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.8.2. Norway Diesel genset Market, By Application (USD Million/ Units 000)
6.2.8.3. Norway Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.9. Netherland Diesel genset Market (USD Million/Units 000)
6.2.9.1. Netherland Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.9.2. Netherland Diesel genset Market, By Application (USD Million/ Units 000)
6.2.9.3. Netherland Diesel genset Market, By End-User (USD Million/ Units 000)
6.2.10. Poland Diesel genset Market (USD Million/Units 000)
6.2.10.1. Poland Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.2.10.2. Poland Diesel genset Market, By Application (USD Million/ Units 000)
6.2.10.3. Poland Diesel genset Market, By End-User (USD Million/ Units 000)
6.3. Asia-Pacific Diesel genset Market (USD Million/Units 000)
6.3.1. APAC Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.2. APAC Diesel genset Market, By Application (USD Million/ Units 000)
6.3.3. APAC Diesel genset Market, By End-User (USD Million/Units 000)
6.3.4. China Diesel genset Market (USD Million/Units 000)
6.3.4.1. China Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.4.2. China Diesel genset Market, By Application (USD Million/ Units 000)
6.3.4.3. China Diesel genset Market, By End-User (USD Million/ Units 000)
6.3.5. Philippines Diesel genset Market (USD Million/Units 000)
6.3.5.1. Philippines Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.5.2. Philippines Diesel genset Market, By Application (USD Million/ Units 000)
6.3.5.3. Philippines Diesel genset Market, By End-User (USD Million/ Units 000)
6.3.6. India Diesel genset Market (USD Million/Units 000)
6.3.6.1. India Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.6.2. India Diesel genset Market, By Application (USD Million/ Units 000)
6.3.6.3. India Diesel genset Market, By End-User (USD Million/ Units 000)
6.3.7. Vietnam Diesel genset Market (USD Million/Units 000)
6.3.7.1. Vietnam Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.7.2. Vietnam Diesel genset Market, By Application (USD Million/ Units 000)
6.3.7.3. Vietnam Diesel genset Market, By End-User (USD Million/ Units 000)
6.3.7.4. Vietnam Diesel genset Market, By Surface area (Units 000)
6.3.7.5. Vietnam Diesel genset Market, By Shipment (Units 000)
6.3.8. Indonesia Diesel genset Market (USD Million/Units 000)
6.3.8.1. Indonesia Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.3.8.2. Indonesia Diesel genset Market, By Application (USD Million/ Units 000)
6.3.8.3. Indonesia Diesel genset Market, By End-User (USD Million/ Units 000)
6.3.8.4. Indonesia Diesel genset Market, By Surface area (Units 000)
6.3.8.5. Indonesia Diesel genset Market, By Shipment (Units 000)
6.4. Central & South America (CSA) Diesel genset Market (USD Million/Units 000)
6.4.1. CSA Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.4.2. CSA Diesel genset Market, By Application (USD Million/ Units 000)
6.4.3. CSA Diesel genset Market, By End-User (USD Million/ Units 000)
6.4.4. Brazil Diesel genset Market (USD Million/Units 000)
6.4.4.1. Brazil Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.4.4.2. Brazil Diesel genset Market, By Application (USD Million/ Units 000)
6.4.4.3. Brazil Diesel genset Market, By End-User (USD Million/ Units 000)
6.4.5. Argentina Diesel genset Market (USD Million/Units 000)
6.4.5.1. Argentina Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.4.5.2. Argentina Diesel genset Market, By Application (USD Million/ Units 000)
6.4.5.3. Argentina Diesel genset Market, By End-User (USD Million/ Units 000)
6.5. Middle East & Africa (MEA) Diesel genset Market (USD Million/Units 000)
6.5.1. MEA Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.5.2. MEA Diesel genset Market, By Application (USD Million/ Units 000)
6.5.3. MEA Diesel genset Market, By End-User (USD Million/Units 000)
6.5.4. UAE Diesel genset Market (USD Million/Units 000)
6.5.4.1. UAE Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.5.4.2. UAE Diesel genset Market, By Application (USD Million/ Units 000)
6.5.4.3. UAE Diesel genset Market, By End-User (USD Million/ Units 000)
6.5.5. Saudi Arabia Diesel genset Market (USD Million/Units 000)
6.5.5.1. Saudi Arabia Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.5.5.2. Saudi Arabia Diesel genset Market, By Application (USD Million/ Units 000)
6.5.5.3. Saudi Arabia Diesel genset Market, By End-User (USD Million/ Units 000)
6.5.6. Turkey Diesel genset Market (USD Million/Units 000)
6.5.6.1. Turkey Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.5.6.2. Turkey Diesel genset Market, By Application (USD Million/ Units 000)
6.5.6.3. Turkey Diesel genset Market, By End-User (USD Million/ Units 000)
6.5.7. Nigeria Diesel genset Market (USD Million/Units 000)
6.5.7.1. Nigeria Diesel genset Market, By Power Rating (USD Million/ Units 000)
6.5.7.2. Nigeria Diesel genset Market, By Application (USD Million/ Units 000)
6.5.7.3. Nigeria Diesel genset Market, By End-User (USD Million/ Units 000)
CHAPTER 7. Key Players and Strategic Developments
7.1. Kohler
7.1.1. Business Overview
7.1.2. Product and Service Offering
7.1.3. Financial Overview
7.1.4. Strategic Developments
7.2. Generac
7.2.1. Business Overview
7.2.2. Product and Service Offering
7.2.3. Financial Overview
7.2.4. Strategic Developments
7.3. Yamaha
7.3.1. Business Overview
7.3.2. Product and Service Offering
7.3.3. Financial Overview
7.3.4. Strategic Developments
7.4. Cummins
7.4.1. Business Overview
7.4.2. Product and Service Offering
7.4.3. Financial Overview
7.4.4. Strategic Developments
7.5. Kirloskar Oil Engine limited
7.5.1. Business Overview
7.5.2. Product and Service Offering
7.5.3. Financial Overview
7.5.4. Strategic Developments
7.6. Powerica
7.6.1. Business Overview
7.6.2. Product and Service Offering
7.6.3. Financial Overview
7.6.4. Strategic Developments
7.7. Escorts Limited
7.7.1. Business Overview
7.7.2. Product and Service Offering
7.7.3. Overview
7.7.4. Strategic Developments
7.8. Sterling Generator
7.8.1. Business Overview
7.8.2. Product and Service Offering
7.8.3. Financial Overview
7.8.4. Strategic Developments
7.9. YANMAR
7.9.1. Business Overview
7.9.2. Product and Service Offering
7.9.3. Financial Overview
7.9.4. Strategic Developments
7.10. Caterpillar
7.10.1. Business Overview
7.10.2. Product and Service Offering
7.10.3. Financial Overview
7.10.4. Strategic Developments
7.11. Trane technologies
7.11.1. Business Overview
7.11.2. Product and Service Offering
7.11.3. Financial Overview
7.11.4. Strategic Developments
7.12. Atlas Copco
7.12.1. Business Overview
7.12.2. Product and Service Offering
7.12.3. Financial Overview
7.12.4. Strategic Developments
7.13. Ashok Leyland
7.13.1. Business Overview
7.13.2. Product and Service Offering
7.13.3. Financial Overview
7.13.4. Strategic Developments
7.14. C&S Electric
7.14.1. Business Overview
7.14.2. Product and Service Offering
7.14.3. Financial Overview
7.14.4. Strategic Developments
7.15. Supernova Genset
7.15.1. Business Overview
7.15.2. Product and Service Offering
7.15.3. Financial Overview
7.15.4. Strategic Developments