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Diesel Generator Market (2023-2030): Industry Insights, SWOT Analysis, Market Size, Share, and Key Growth Factors | Perkins Engines Company Ltd. Rolls-Royce plc Teksan Generator Power Industries and Trade Co. Inc.

05-07-2024 06:35 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Diesel Generator Market

Diesel Generator Market

Diesel generator market is anticipated to grow at a significant CAGR of 14.1% during the forecast period (2024-2031). The market growth is attributed to the increasing investments in producing efficient energy management across various applications with backup power in industries and businesses. The demand for an uninterrupted power supply and frequent power outages in developing economies are accelerating the demand for diesel generators globally is driving the market growth. Among other verticals, the majority of these diesel generators are utilized to supply electricity to residences, factories, schools, hospitals, and construction sites. It serves as either a primary or backup power source in the event of a grid outage.

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Diesel generators are essential to the global electrification of rural areas as they provide dependable connectivity to the electrical grid. Diesel generator-powered microgrids have become a viable option for improving energy accessibility and stimulating socioeconomic growth in isolated regions. Diesel generators offer a consistent supply of electricity in case of emergencies, which enhances the dependability of microgrids. Diesel generators can produce electricity on their own, however other renewable energy sources, like solar panels and wind turbines, may depend on external variables.

full report of Diesel Generator Market available @ https://www.omrglobal.com/industry-reports/diesel-generator-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Diesel Generator Market by Power Rating
o Up to 50 kW
o 51 - 280 KW
o 281-500 kW
o 501 - 2,000 kw
o Above 2,000 KW

Global Diesel Generator Market by Source
o Standby Power
o Peak Shaving
o Prime & Continuous Power

Global Diesel Generator Market by Application
o Industrial
o Commercial
o Residential

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World
o Latin America
o The Middle East & Africa

Company Profiles
o AB Volvo
o Atlas Copco
o Briggs & Stratton, LLC
o CFC Holdings Pty Ltd (JCB CEA)
o DEUTZ AG
o FG Wilson
o Generac Power Systems, Inc.
o GENERAL POWER LIMITED, INC.
o GENESAL ENERGY
o HIMOINSA SL
o Ingersoll Rand Inc.
o Isuzu North America Corp.
o John Deere Group
o Kirloskar Oil Engines Ltd.
o Kohler Co.
o Mahindra & Mahindra Ltd.
o Motorenfabrik Hatz GmbH & Co. KG
o Perkins Engines Company Ltd.
o Rolls-Royce plc
o Teksan Generator Power Industries and Trade Co. Inc.

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global diesel generator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/diesel-generator-market

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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