Diesel Generator Market Trends 2025 | Global Demand, Size, Share & Forecast to 2031

Market Size and Growth

As per DataM Intelligence Experts Research Report Global Diesel Generator Market reached US$19.46 billion in 2023 and is expected to reach US$33.03 billion by 2031, growing with a CAGR of 6.84% during the forecast period 2024-2031

Diesel-Generator Market report, published by DataM Intelligence has released its latest in-depth analysis on the global Diesel-Generator Market, delivering a detailed overview of regional growth patterns, market segmentation, CAGR, and financial performance among leading industry players. The report offers readers a clear snapshot of the current market value and volume, alongside an exploration of emerging opportunities and ongoing developments. By shining a spotlight on key market drivers and highlighting the evolving industry landscape, the report equips businesses and stakeholders with strategic insights to identify new growth avenues and navigate future market dynamics confidently.

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Diesel Generator refers to a machine that converts the chemical energy of diesel fuel into electrical energy through a combination of a diesel engine and an alternator. It is commonly used as a primary or backup power source in industrial, commercial, residential, and remote applications. Diesel generators are valued for their reliability, fuel efficiency, and ability to deliver continuous power during grid outages or in areas without access to the electrical grid.

Key Players:

Caterpillar Inc.
Aggreko
Cummins Inc.
Himoinsa
John Deere
Kohler SDMO
PRAMAC
Kirloskar Electric Co. Ltd.
Generac Power Systems
FG Wilson
Atlas Copco
American Honda Motor Company Inc.
Briggs & Stratton
Ingersoll Rand
Yamaha Motor Co. Ltd

Key Development:

In October 2023, Aggreko introduced its latest Tier 4 Final generators to the Canadian market. Available in the U.S. since 2022, these CSA-certified units, ranging from 100 kW to 500 kW, were engineered to meet the stringent diesel-powered generator emission standards established by the U.S. Environmental Protection Agency (EPA) and the Canadian Environmental Protection Act (CEPA).

In February 2023, Caterpillar Inc. unveiled the Cat® XQ330 Series Mobile Diesel Generators, designed for standby and mission-critical operations. Meeting U.S. EPA Tier 4 Final emission requirements, the XQ330 features a Cat C9.3B diesel engine capable of delivering up to 288 kW in standby mode and 264 kW at 60 Hz.

Also in February 2023, Pramac GmbH-an Italian specialist in electrical solutions, generators, and material-handling equipment, and a wholly-owned subsidiary of P.R. Industrial s.r.l. under Generac Power Systems-announced the acquisition of REFU Storage Systems GmbH (REFUstor) from REFU Elektronik GmbH.

Growth Forecast Projected:

The Global Diesel-Generator Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Diesel-Generator Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

By Portability: (Stationary, Portable)

By Power Rating: (Below 75 kVA, 75 - 375 kVA, 375 - 750 kVA and Above 750 kVA)

By Application: (Continuous Load, Peak Load, Standby Load)

By End-User: (Mining, Oil & Gas, Construction, Residential, Marine, Manufacturing, Pharmaceutical, Commercial, Telecom, Electric Utility, Data Centers, Others)

Regional Analysis for Diesel-Generator Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Diesel-Generator producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Diesel-Generator revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Diesel-Generator Market?

A: In 2023, the Diesel-Generator Market was valued at USD 19.46B, reflecting its strong industry presence.

Q2: How large is the Diesel-Generator Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Diesel-Generator Market will grow to around USD 33.03 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Diesel-Generator Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 6.84% during the forecast period from 2024 to 2031.

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