Press release
Global Diesel Genset Market Size, Share & Industry Growth Report, Forecast 2028
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)
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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?
Which geographical region is dominating the global Diesel Genset Market?
Which is the leading product segment in Diesel Genset Market?
Which is the leading animal segment in Diesel Genset Market?
Which is the largest end-user segment in Diesel Genset Market?
Which is the largest technology segment in Diesel Genset Market?
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