Diesel Generator Market to Grow at 6.84% CAGR as North America Leads and Asia-Pacific Accelerates Infrastructure-Driven Demand

According to DataM Intelligence, the 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% from 2024 to 2031. Growth is driven by rising global energy demand, frequent power outages, rapid industrialization in emerging economies, infrastructure development, and increasing need for reliable backup power in sectors like oil & gas, construction, and data centers.

Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID): https://www.datamintelligence.com/download-sample/diesel-generator-market?sindhuri

North America Key Industry Developments
✅ October 2023: Aggreko launched latest Tier 4 Final compliant generators (100 kW to 500 kW) in the Canadian market, with CSA certification for reduced emissions.
✅ February 2023: Caterpillar Inc. introduced the Cat® XQ330 mobile diesel generator rental package, compliant with US EPA Tier 4 Final standards.
✅ Ongoing: Increasing demand for emission-compliant and mobile generators in industrial and mission-critical applications.

Asia-Pacific Key Industry Developments
✅ April 2024: Yanmar Co. Ltd. announced development of a new diesel engine manufacturing facility in North Chennai, India, to support regional demand.
✅ January 2025: Pramac (Generac subsidiary) acquired majority stake in Captiva Energy Solutions in India to expand customized generator offerings.
✅ Ongoing: Rapid infrastructure projects in China and India driving demand for high-capacity generators amid power supply gaps.

Key Mergers and Acquisitions (Recent)
✅ January 2025: Pramac acquired majority interest in Captiva Energy Solutions (India) to strengthen presence in customized power generation.
✅ February 2023: Pramac GmbH (Generac Power Systems) acquired REFU Storage Systems GmbH to enhance energy storage integration capabilities.

Purchase this report before year end and unlock an exclusive 30% discount:
https://www.datamintelligence.com/buy-now-page?report=diesel-generator-market?sindhuri
(Purchase 2 or more Reports and get 50% Discount)

Market Segmentation Analysis
By Power Rating: Above 750 kVA dominates due to heavy industrial applications in oil & gas and construction.
By Portability: Stationary and portable segments.
By Application: Standby load, peak load, and continuous load.
By End-User: Oil & gas, construction, manufacturing, mining, telecom, data centers, and others.

Regional Insights
North America leads the market due to advanced infrastructure, high reliability needs, and stringent emissions regulations. Asia-Pacific is the fastest-growing region, driven by industrialization, infrastructure projects in China and India, and persistent power demand-supply gaps.
Growth Drivers
Increasing global energy demand exceeding supply amid population growth and industrialization
Rising frequency of power outages and grid instability
Expansion in industrial sectors like oil & gas, mining, and construction
Infrastructure development and data center boom requiring reliable backup power
Advancements in emission-compliant and efficient generator technologies

Speak to Our Analyst and Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/diesel-generator-market?sindhuri

Key Players
The market includes leading companies such as 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, and Yamaha Motor Co. Ltd.

Key Highlights (Top 5 Key Players)
1. Caterpillar Inc. - Launching advanced mobile and emission-compliant diesel generators for rental and mission-critical use.
2. Aggreko - Expanding Tier 4 Final generator offerings in North America for environmental compliance.
3. Cummins Inc. - Innovating in integrated engine systems and hybrid solutions for diverse applications.
4. Generac Power Systems (PRAMAC) - Strengthening portfolio through strategic acquisitions in energy storage and regional markets.
5. Atlas Copco - Focusing on compact, low-emission mobile generators for construction and industrial needs.

Unlock 360° Market Intelligence with DataM Intelligence Subscription Services:
https://www.datamintelligence.com/reports-subscription?sindhuri
Power your decisions with real time competitor tracking, strategic forecasts, and global investment insights all in one place.
✅ Competitive Landscape Analysis
✅ Company Profile Analysis
✅ Market Volatility & Emerging Risks Analysis
✅ Quarterly Industry Report Updates
✅ Live Market & Pricing Trends
✅ Regulatory and Supply Chain Analysis
Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.