Diesel Generators Market, By Application, By Power Rating, By End-User, By Geography .

Description

The diesel generators market is estimated to be valued at USD 20.02 Bn in 2024 and is expected to reach USD 29.51 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2023/2024:	US$ 20.02 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2023/2024 to 2030/2031 CAGR:	5.70%	2030/2031 Value Projection:	US$ 29.51 Bn

Diesel Generators Market Share (%), By Region, 2024

The diesel generator market has seen steady growth over the past few decades driven by the demand from the commercial, industrial, and residential sectors. As power outages have become more frequent due to grid instability issues, the need for backup power solutions has increased substantially. Diesel generators provide reliable power support during outages while being more economical than gasoline alternatives. They operate on the principle of diesel internal combustion allowing efficient conversion of the fuel's chemical energy into mechanical energy and eventually electricity. Furthermore, technological advancements have made modern diesel generators more fuel efficient and eco-friendly. The compact design of portable diesel generators also appeals to homeowners and construction sites requiring temporary power. With progressing electrification and increasing dependence on power globally, the diesel generator industry is well-positioned for continued expansion.

Market Dynamics:

The diesel generator market is driven by factors such as growing industrialization and infrastructure development in emerging nations, increasing instances of power outages due to aging power infrastructure, and natural disasters as well as off-grid and backup power needs of corporates and industries. However, stringent emission norms regarding noise and toxic emissions from diesel gensets pose a challenge for vendors. High maintenance costs and operational difficulties related to large immobilized units also hinder the market growth. The growing adoption of natural gas and hybrid generator sets presents an opportunity for market players to expand their product portfolios. Additionally, the rising focus on micro-grids and decentralized renewable energy generation could augment the demand for gensets as supporting power sources.

Key Features of the Study:

This report provides an in-depth analysis of the global diesel generators market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global diesel generators market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AKSA Power Generation Company, Atlas Copco AB, Caterpillar, Cummins Inc., Doosan Portable Power, Generac Power System Inc., Honda India Power Products Ltd., Kohler Co., Rolls-Royce plc, Wartsila Corporation, Honda India Power Products Ltd., Yamaha Motor Co Ltd., Mitsubishi Heavy Industries Ltd., Mahindra & Mahindra Ltd., and Kirloskar Oil Engines Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global diesel generators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global diesel generators market

Market Segmentation

Application:
- Standby Power
- Peak Shaving
- Prime or Continuous Power
Power Rating:
- 0-100 Kva
- 100 - 250 Kva
- 350 - 1000 Kva
- 1000 Kva
End-User:
- Industrial
- Commercial
- Residential
Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- AKSA Power Generation Company
- Atlas Copco AB
- Caterpillar
- Cummins Inc.
- Doosan Portable Power
- Generac Power System Inc.
- Honda India Power Products Ltd.
- Kohler Co.
- Rolls-Royce plc
- Wartsila Corporation
- Honda India Power Products Ltd.
- Yamaha Motor Co Ltd.
- Mitsubishi Heavy Industries Ltd.
- Mahindra & Mahindra Ltd.
- Kirloskar Oil Engines Ltd.

Product Code: CMI6752

1. Research Objectives and Assumptions

Research Objectives
Assumptions

2. Market Overview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By Power Rating
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Market Scenario - Conservative, Likely, Opportunistic
- Market Opportunity Map

3. Key Insights

Market Dynamics
- Drivers
- Restraints
- Opportunities
Key Market Trends
Impact Analysis of Market Dynamics
Market Assessment By PESTEL Analysis
PORTER Analysis
Regulatory Scenario
Market Attractiveness Analysis
Incremental $ Opportunity Assessment

4. Global Diesel Generators Market, By Application, 2019 - 2031 (US$ Bn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Standby Power, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
Peak Shaving, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
Prime or Continuous Power, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)

5. Global Diesel Generators Market, By Power Rating, 2019 - 2031 (US$ Bn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
0-100 Kva, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
100 - 250 Kva, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
350 - 1,000 Kva, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
1,000 Kva, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)

6. Global Diesel Generators Market, By End-User, 2019 - 2031 (US$ Bn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031
- Market Y-o-Y Growth Comparison (%), 2019 - 2031
- Segment Trends
Industrial, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
Commercial, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)
Residential, 2019 - 2031(US$ Bn)
- Introduction
- Market Size and Forecast, 2019 - 2031, (US$ Bn)

7. Global Diesel Generators Market, By Region, 2019 - 2031 (US$ Bn)

Introduction
- Market Share (%) Analysis, 2024, 2027 & 2031, (US$ Bn)
- Market Y-o-Y Growth Comparison (%), 2024 - 2031, (US$ Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Power Rating, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
U.S.
Canada
Europe
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Power Rating, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest Of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Power Rating, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
China
India
Japan
Australia
South Korea
Asean
Rest Of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Power Rating, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
GCC
Israel
Rest of Middle East
Latin America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Power Rating, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By End-User, 2019 - 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn)
Brazil
Mexico
Argentina
Rest of Latin America

8. Company Profiles - Global Diesel Generators Market

AKSA Power Generation Company*
- Company Overview
- Product/Service Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategic Overview
Atlas Copco AB
Caterpillar
Cummins Inc.
Doosan Portable Power
Generac Power System Inc.
Honda India Power Products Ltd.
Kohler Co.
Rolls-Royce plc
Wartsila Corporation
Honda India Power Products Ltd.
Yamaha Motor Co Ltd.
Mitsubishi Heavy Industries Ltd.
Mahindra & Mahindra Ltd.
Kirloskar Oil Engines Ltd.

9. References and Research Methodology

References
Research Methodology
About us and Sales Contact