Press release
Diesel Gensets Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025
Request a Free Sample of our Diesel Gensets Market: https://www.omrglobal.com/request-sample/diesel-gensets-market
Diesel gensets gives various advantages, including better fuel efficiency and low running costs, over other means of powers. Factors including infrastructure development, abundant population, and rapid industrialization among more have caused an increase in demand for power, which is powering the diesel genset market. Owing to its use in various industries including healthcare, marine, telecom, oil and gas, utilities, and mining, among others, diesel genset is gaining significant prominence across the globe. Strengthening of these sectors could provide a substantial boost to the diesel genset market.
Numerous government initiatives have been taken in different countries which have driven the diesel genset market. For instance, in India, schemes such as ‘Make in India’ campaign, smart cities mission, and Saubhagya scheme have been introduced that are expected to help in the expansion of power utilities and public infrastructure in the nation. Increasing usage of low rating diesel gensets in various domains, including telecom infrastructure in the off-grid area is strengthening the low rating genset segment and providing a significant push to the market.
On the other hand, rising inclination toward solar energy and improvement in the situation of power supply in the residential sector could stunt the growth of the diesel genset market. Also, numerous countries are encouraging the utilization of cleaner backup power sources in-between power outages, and the government is offering subsidies for setting up solar plants, which could negatively impact the diesel genset market.
Due to the robust environmental policies, players in the diesel genset market are continually focusing on launching new products that validate the bylaws set by various regulatory bodies. Therefore, a change towards environment-friendly gensets is likely in the years to come. The major players leading the diesel gensets market include General Electric Co., Kirloskar Electric Co., Ltd., Mitsubishi Heavy Industries, Ltd., Rolls-Royce PLC, Generac Power Systems, Inc., among more.
A full Report of Diesel Gensets Market is Available at: https://www.omrglobal.com/industry-reports/diesel-gensets-market
Current Market Trends Covered in the market report:
• High Power Genset Gaining Prominence
• Government Initiatives Boosting the Market Growth
• Increasing Rate of Electrification
• Sectors Dominating the Usage of Diesel Genset
The Report Diesel Gensets Market – Segmented by Product Type and Application
By Product Type
• High Power Gensets (more than 750 kVA)
• Medium Power Gensets (350-750 kVA)
• Low Power Gensets (less than 350 kVA)
By Application
• Residential
• Non-Residential
The Report Diesel Gensets Market – Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
CompanyProfiles
•
AggrekoPLC.
APREnergy
AtlasCopcoAB
Briggs&StrattonCorp.
BurtonwoodGenerator&SwitchgearServicesLtd.
CaterpillarInc.
CumminsInc.
GeneracPowerSystems, Inc.
GeneralElectricCo.
HimoinsaS.L.
J.C. BamfordExcavatorsLtd
Kipor
KirloskarElectricCo., Ltd.
KohlerCo.
MitsubishiHeavyIndustries, Ltd.
PerkinsEnginesCo. Ltd.
Rolls-RoycePLC
SiemensAG
WackerNeusonSE
Wartsila Corp
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/diesel-gensets-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Diesel Gensets Market Trends 2019 | Segmentation, Outlook, Industry Report to 2025 here
News-ID: 2222674 • Views: …
More Releases from Orion Market Research
Environment Conservation and Wildlife Organization Market Rising Demand and Grow …
In 2023, the global market for environment, conservation, and wildlife organizations was approximately USD 26.2 billion, and by 2033, it is projected to reach around USD 41.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 5.0% from 2024 to 2033.
Environment Conservation and Wildlife Organization Market Overview
The environment, conservation, and wildlife organizations market is experiencing steady growth, driven by increasing public awareness of environmental issues and the need for…
Wooden Furniture Market Size Analysis, Competitive Insights, Leading Players and …
In 2023, the global wooden furniture market was valued at approximately USD 235.3 billion, and by 2033, it is projected to reach around USD 327.7 billion, reflecting a compound annual growth rate (CAGR) of approximately 3.4% from 2024 to 2033.
Wooden Furniture Market Overview
The global wooden furniture market is experiencing steady growth, driven by increasing consumer demand for sustainable and aesthetically pleasing home furnishings. Factors such as rising disposable incomes, urbanization,…
Warehouse Management Systems Market Size Analysis, Competitive Insights, Leading …
In 2023, the global Warehouse Management Systems (WMS) market was approximately USD 3.2 billion, and by 2033, it is expected to reach around USD 9.4 billion, reflecting a compound annual growth rate (CAGR) of approximately 11.4% from 2024 to 2033.
Warehouse Management Systems Market Overview
The Warehouse Management Systems (WMS) market is rapidly growing as businesses increasingly seek to optimize their supply chain and inventory management processes. WMS solutions help improve operational…
Space Technology Market Rising Demand and Growth Forecast Through 2033
The global space technology market was valued at approximately USD 443.20 billion in 2023, and is projected to grow to about USD 916.85 billion by 2033, representing a compound annual growth rate (CAGR) of roughly 7.54% during the period from 2024 to 2033.
Space Technology Market Overview
The space technology market is experiencing strong expansion, driven by a surge in satellite innovation, advances in launch systems, and a growing wave of commercial…
More Releases for Genset
Rwandan Gas Genset Market: Emerging Trends and Growth
The Rwandan gas genset market is experiencing significant growth, driven by the country's increasing demand for reliable and sustainable energy solutions. As Rwanda continues to expand its infrastructure and industrial sectors, the need for uninterrupted power supply is becoming more critical. With a market size of USD 6.5 million in 2024, the sector is projected to reach USD 11.0 million by 2032, growing at a CAGR of 6.9% from 2025…
Genset Transfer Switch: Uninterrupted Power Supply
In today's world, where power continuity is paramount, the role of a genset transfer switch becomes crucial. Designed to provide a seamless and automated transfer of power supply between a primary utility source and a backup generator, this sophisticated electrical device ensures that critical applications never experience downtime. Whether it's a hospital, data center, or industrial facility, the reliability of power supply can be a matter of life and death,…
Diesel Genset Market | Was Valued at USD 15,835.2 Million in 2021. Diesel Genset …
According to Precision Business Insights (PBI) latest report, the diesel Genset market is expected to be worth USD 15,835.2 million in 2022, growing at a 3.7% CAGR from 2022 to 2028. The rise in the need for continuous and steady power supply, as well as growing industrialization and urbanization in developing economies, are driving the global diesel Genset market forward. However, the market's growth is hampered by the implementation of…
Nigeria Diesel Genset Market
Nigeria Diesel Genset market is expected to witness modest growth owing to the expansion of telecom infrastructure, the establishment of new industries, and poor grid infrastructure of the country. Growing investment in the non-oil sector of the country is anticipated to support the economic growth in the region over the coming years which would foster the demand for diesel gensets during 2018-24. Additionally, the growing number of manufacturing units in…
Grid Power Uncertainty Driving Diesel Genset Market
The global diesel genset market reached a value of $12,656.2 million in 2018 and is predicted to generate a revenue of $17,821.3 million in 2024, registering a 5.8% CAGR during the forecast period (2019-2024). The market is witnessing growth because of the low power production and grid power uncertainty and increasing number of data centers. A system in which a diesel engine works in conjunction with an electric generator for…
Thailand Diesel Genset Market (2018-2024)
Market Forecast By kVA Rating (5kVA - 75kVA, 75.1kVA - 375kVA, 375.1kVA - 750kVA, 750.1kVA - 1000kVA and Above 1000kVA), By Applications (Residential, Hospitality, Commercial, Healthcare, Retail, Manufacturing, Oil & Gas and Power Utilities, Infrastructure & Transportation and Others including Construction and Social Infrastructure), By Regions (Northern, North- Eastern, Western, Eastern, Central and Southern) and Competitive Landscape
According to 6Wresearch, Thailand diesel genset market size is projected to grow at a…
