Press release
Diesel Generator Market Set to Reach USD 30.32 Billion by 2029 at 7.45% CAGR: Trends, Drivers, and Key Players
The Global Diesel Generator Market is projected to grow significantly, reaching an estimated USD 30.32 billion by 2030, from a valuation of approximately USD 19.7 billion in 2024. This growth represents a compound annual growth rate (CAGR) of 7.45% from 2025 to 2030. The increasing demand for reliable power sources due to frequent power outages, urbanization, and industrial advancements is driving the market. Diesel generators are recognized for their robustness and continuous power supply, making them indispensable in various sectors, including healthcare, construction, and telecommunications.
Diesel Generator Market Overview
The diesel generator market encompasses a diverse range of applications and industries, reflecting global energy demands and reliability needs. With the need for persistent power supply escalating due to urban growth and frequent power interruptions, diesel generators are witnessing heightened adoption across multiple sectors. Key drivers include rising energy requirements, a shift toward reliable backup systems, and advancements in technology, particularly in digital monitoring and smart controls. The market is characterized by increasing investments in infrastructure development, particularly in developing regions, leading to higher generator utilization.
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Key Objectives of the Report
◾ To analyze the current market trends driving the diesel generator industry.
◾ To anticipate future market growth and demand forecasts up to 2030.
◾ To examine the competitive landscape, including leading companies in the sector.
◾ To evaluate market segmentation across various applications and regions.
◾ To identify emerging opportunities and potential challenges in the diesel generator market.
Largest Diesel Generator Manufacturer in the Market By 2030
The major companies operating in the Diesel Generator Market include:
◾ Caterpiller Inc.
◾ APR Energy
◾ Atlas Copco AB
◾ Kirloskar Electric
◾ Cummins Inc.
◾ Kohler Co.
◾ Agreeko PLC.
◾ Generac Power Holdings, Inc.
◾ Burtonwood Generator & Switchgear services Ltd.
◾ Mitsubishi Heavy Industries
◾ Other Players
Diesel Generator Market Segmentation
The diesel generator market can be segmented based on:
By Application:
◾ Standby Power
◾ Prime & Continuous Power - (expected to attain accelerating growth)
◾ Peak Shaving
By End User:
◾ Residential
◾ Commercial
◾ Industrial - (expected to have the largest market share)
◾ Government & Transport
◾ Healthcare
◾ Oil & Gas
By Power Rating:
◾ Up to 30 KW
◾ 30-60 KW
◾ 60-150 KW
◾ 150-300 KW
◾ 300-500 KW
◾ 500-1000 KW
◾ Above 1000 KW
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Regional Insights
◾ North America
◾ South America
◾ Europe
◾ The Middle East and Africa
◾ Asia-Pacific
The Asia-Pacific (APAC) region, with a prominent focus on China, India, and Southeast Asia, is projected to be a key driver of growth in the global diesel generator market. More than 70% of the anticipated increase in global electricity demand over the next three years is expected to originate from these countries. China, in particular, is forecasted to account for a record one-third of global electricity consumption by 2025.
Strategic Highlights
◾ Increasing integration of digital monitoring and smart controls.
◾ Expanding applications of diesel generators in healthcare and oil & gas sectors.
◾ Growth in remote locations due to limited grid access.
◾ Rising energy demand amidst climate change concerns.
◾ Emphasis on reducing downtime and improving reliability.
◾ Technological advancements catering to cleaner energy sources.
Key Reasons for Buying the Diesel Generators Market Report
◾ Comprehensive analysis of market size and share up to 2030.
◾ Insights into the competitive landscape and key players.
◾ Detailed understanding of market segmentation and dynamics.
◾ Evaluation of current trends affecting the diesel generator market.
◾ Assessment of import/export trends in various regions.
◾ Strategic recommendations for entering or expanding in the market.
◾ Data-driven insights for making informed business strategies.
Questions Answered by the Report
◾ What is the projected size of the diesel generator market by 2030?
◾ What are the key trends influencing the diesel generator market?
◾ Who are the top seven diesel generator companies globally?
◾ What is the market share of key players in the diesel generator sector?
◾ What statistics illustrate the growth and dynamics of the diesel generator market?
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Table of Content
◾ Introduction
◾ Market Definition
◾ Executive Summary
◾ Market Overview
◾ Research Methodology
◾ Competitive Landscape
◾ Market Segmentation
◾ Regional Analysis
◾ Key Market Trends
◾ Strategic Recommendations
◾ Future Projections
◾ Conclusion
"Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours"
Explore More Market Research Insights:
◾ The Global Generator Engine Market is estimated to grow at a CAGR of around 3.8% during the forecast period, i.e., 2024-30. (Source: https://www.marknteladvisors.com/research-library/generator-engine-market.html )
◾ The Saudi Arabia Captive Power Generation Market size is valued at around USD 5.1 billion in 2024 and is estimated to grow at a CAGR of around 7.18% during the forecast period, i.e., 2024-30. (Source: https://www.marknteladvisors.com/research-library/saudi-arabia-captive-power-generation-market.html )
Contact:
MarkNtel Advisors
Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Contact No: +91 8719999009
Email: sales@marknteladvisors.com
About US:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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