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Diesel Generator Market to Reach US$ 33.03 Billion by 2031 at 6.84% CAGR, Driven by Rising Power Demand and Infrastructure Development | DataM Intelligence
Diesel Generator Market
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Diesel Generator Market Key Mergers and Acquisitions
✦ January 2026: Caterpillar Inc. acquired a regional generator rental and service company to expand its aftermarket support and fleet availability for mining and construction sectors.
✦ December 2025: Cummins Inc. completed a strategic acquisition of a power solutions provider to strengthen its high-capacity diesel generator portfolio above 750 kVA for data centers and utilities.
✦ November 2025: Generac Power Systems secured a licensing agreement with an advanced engine technology firm to integrate next-generation fuel-efficient diesel engines into its portable and stationary units.
Diesel Generator Market Key Industry Developments
☑️ January 2026: Caterpillar Inc., Cummins Inc., and Aggreko launched upgraded high-power diesel generators (above 750 kVA) with improved fuel efficiency and emission controls, securing major contracts for data centers and industrial projects in Asia-Pacific.
☑️ December 2025: Kohler SDMO and Atlas Copco expanded their portable and stationary generator lines with enhanced telematics for real-time monitoring, targeting construction and oil & gas applications in North America and Europe.
☑️ November 2025: John Deere and FG Wilson increased supply of medium-capacity generators (75-375 kVA) for standby and peak load use, with new models focused on reliability in telecom and manufacturing sectors.
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Diesel Generator Market Segmentation Analysis
By Portability: Stationary diesel generators hold the largest share due to widespread use in continuous load, peak shaving, and standby power for utilities, data centers, and industrial facilities; Portable generators grow steadily for construction sites, mining, and emergency applications.
By Power Rating: Above 750 kVA segment dominates with high demand for large-scale power in utilities, data centers, and heavy industry; 75-375 kVA and 375-750 kVA ranges follow for mid-size commercial and industrial needs; Below 75 kVA expands in residential and small business backup.
By Application: Standby Load leads due to critical power reliability in hospitals, data centers, and telecom; Continuous Load and Peak Load grow with industrial and utility requirements for base load and demand management.
By End-User: Utilities and Industrial sectors account for major demand for reliable power generation; Mining, Oil & Gas, Construction, and Data Centers grow rapidly; Residential, Marine, Manufacturing, Pharmaceutical, Commercial, and Telecom expand with specific backup and prime power needs; Others include government and emergency services.
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Diesel Generator Market Key Players
✦ Caterpillar Inc. - In January 2026, acquired a generator rental and service company and launched next-gen high-capacity diesel generators with enhanced fuel efficiency for data centers and mining projects in Asia-Pacific.
✦ Cummins Inc. - Completed acquisition of a power solutions provider in December 2025 and expanded above 750 kVA diesel generators with improved emissions and telematics for utilities and industrial applications.
✦ Aggreko - Expanded rental fleet of medium- and high-power diesel generators in late 2025, focusing on temporary power solutions for construction and events in North America and Europe.
✦ Kohler SDMO - Introduced updated portable and stationary generators in December 2025 with advanced monitoring and lower noise levels, targeting commercial and residential backup markets.
✦ Atlas Copco - Rolled out new diesel generator models in November 2025 with better fuel economy and durability, securing contracts for oil & gas and telecom standby power.
Diesel Generator Market Regional Insights
North America commands the largest market share in the global Diesel Generator market, supported by high demand for reliable standby and peak load power in data centers, healthcare, and industrial facilities, stringent emissions regulations driving technology upgrades, strong rental and aftermarket channels, and presence of leading OEMs like Caterpillar and Cummins.
Asia-Pacific remains the fastest-growing region, fueled by rapid industrialization, massive infrastructure and construction projects in China, India, and Southeast Asia, increasing power outages and off-grid needs, growing mining and oil & gas sectors, and aggressive investments by global and local manufacturers in portable and high-capacity units.
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