Global Diesel Genset Market Size, Share & Industry Growth Report, Forecast 2028

According to analysts at Zion Market Research, the global diesel genset market size is expected to grow more than 5.5% by the end of 2025. The diesel gensets industry is likely to witness strong growth with rapid advancement in the regional population. The soaring demand for consistent power supply has surged the installation of different backup supply devices which in return will speed up the product demand. Additionally, the rising power outages owing to severe weather conditions have optimistically influenced the adoption of the product. The rising penetration of commercial bases by rapid development in the service segment industry will impel the product demand.

Some of the key players in the global market are Kirloskar Oil Engines Limited, Cummins, SDMO, Generac, Briggs & Stratton, Honda Motor Co. Ltd., Yamaha Motor Pvt, Ltd, Escorts Group, Powerica Ltd., Himoinsa, Sterling Generators Pvt. Ltd, Ingersoll-Rand PLC, Caterpillar, Ashok Leyland, Atlas Copco., and C&S Electric.

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Surging Demand For Diesel Genset From The Industrial Segment To Boost The Global Market

The increasing demand for diesel genset across the industrial segment and aging power infrastructure are key factors that are predicted to drive the expansion of the global market during the forecasted period. The benefit of diesel generators like low cost & better fuel efficiency is also expected to surge the adoption of diesel genset in different industries. Nevertheless, the administration efforts toward reducing greenhouse gas emissions and augmenting petroleum prices are likely to hinder the development of the global market during the estimated period. The increasing consciousness and adoption of eco-friendly power generators might also impede the demand for diesel genset and limit the growth of the global diesel genset market to a certain extent.

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The global diesel genset market is bifurcated on the basis of product, power, end-user, and regional analysis. Based on the product, the market is divided into medium power generators, low power generators, and high power generators. Based on the power, the market is divided into medium power (350-1000 kVA), low power (0-350 kVA), and high power (above 1000 kVA). Based on the end-user, the market is divided into commercial, residential, and industrial.

Asia Pacific Region Anticipated To Dominate The Global Diesel Genset Market During Forecasted Period

Based on geographical analysis, the global diesel genset market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The North America region has accounted for the major revenue share in the global market due to the surging adoption of diesel generators owing to the benefits of automation in operation and lower cost across the region. The European region is also contributing to the second-highest share in the global diesel genset market. The market across the Asia Pacific region is projected to witness lucrative growth in regards to revenue in the global market during the forecasted period, due to augmented adoption of rising power consumption in the industrial segment in emerging countries such as China and India in the region.

Browse the full "Diesel Genset Market - By Product (Medium Power Generators, Low Power Generators, And High Power Generators), By Power (Low Power, Medium Power, And High Power), By End User (Commercial, Residential, And Industrial), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 - 2025." Report at https://www.zionmarketresearch.com/report/diesel-genset-market

The global diesel genset market is segmented as follows:

By product:

Low Power Generators
Medium Power Generators
High Power Generators

By power:

Low Power (0-350 kVA)
Medium Power (350-1000 kVA)
High Power (above 1000 kVA)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐏𝐫𝐞𝐬𝐬 𝐑𝐞𝐥𝐞𝐚𝐬𝐞 @ https://www.zionmarketresearch.com/news/diesel-genset-market

By end-user:

Residential
Commercial
Industrial

By region:

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

Frequently Asked Questions (FAQ):

Which are the top industry players in the global Diesel Genset Market?
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Which is the leading animal segment in Diesel Genset Market?
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Which is the largest technology segment in Diesel Genset Market?

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐙𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

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