Press release
Diesel Gensets Market Size 2021 Growth Share, Industry Dynamics, Top Trends and Regional Analysis
demand for uninterrupted power supply and the increasing significance of combating electricity outages.
Besides, increasing emphasis laid on emergency preparation in commercial spaces is also expanding the
application spectrum of diesel generators. In addition to this, increasing consumer awareness regarding
environmental sustainability coupled with stringent regulatory scenarios regarding carbon emissions will
further favor business growth.
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Pages: 455
Tables: 631
Charts / Figures: 63
Companies covered: 20
Countries covered: 28
Another growth inducing factor for the industry is the massive expansion of data centers, rising
infrastructure investments and lower diesel prices. Speaking on similar lines, Cummins had in one of its
articles regarding diesel engines, mentioned some of the crucial advantages offered by its diesel generator
for data centers including higher reliability provided through efficient Data Centre Continuous (DCC) ratings.
Apparently, this feature has helped the company strengthen its foothold in the niche but premium markets
where reliable back-up power is critical.
According to Global Market Insights, Inc. report, diesel gensets market is projected to register the
installation of more than 2 million units through 2026, given the prominence of below mentioned trends:
Strategic initiatives by major industry players
Prominent industry players operating in diesel gensets market such as Cummins, Caterpillar, Kirloskar and
Yamaha are inclined on implementing several strategic initiatives such as new product development,
mergers, acquisitions and geographical expansions to gain a strong market presence.
For instance, Caterpillar Inc., had in 2018 announced the launch of its Dynamic Gas Blending™ factory-
installed diesel generator sets with dual-fuel technology. According to the company, this system enables
Cat® diesel engines to burn the mixture of natural gas and diesel, in many cases reducing fuel costs by
$100/eMW per hour of generator set operation while maintaining the performance of diesel engine.
Apparently, this product launch helped the company expand its product portfolio and strengthen its market
position across overall industry.
Heightened industrial application of diesel gensets
Industrial diesel gensets segment is likely to foresee remarkable growth in the following years owing to
numerous benefits of diesel generators such as lower maintenance, ease of installation along with lower
up-front cost. Besides, inadequate power supply and increasing need for reliable and uninterrupted power
supply will fuel the product demand further. Additionally, ongoing digitization in conjunction with expanding
Oil & Gas and mining industry is projected to foster the product demand. Further, increasing research
activities and expenditure aimed at limiting environmental impact of these systems will enhance the
segment outlook over the forthcoming years.
Burgeoning demand for diesel gensets with power rating
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
About Global Market Insights :
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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