Commercial Diesel Gensets Market Size - By Application, By End Use, By Power Rating & Forecast, 2024

Description

Commercial Diesel Gensets Market size is predicted to observe more than 8% CAGR from 2024 to 2032, driven by the increasing demand for reliable and uninterrupted power supply in various industries, such as construction, healthcare, manufacturing, and telecommunications. Commercial diesel gensets serve as backup power solutions during grid outages and in remote locations where access to electricity is limited. Moreover, the expanding construction sector, particularly in emerging economies will significantly contribute to the market growth.

Additionally, stringent regulations aimed at reducing emissions and improving air quality have led to advancements in diesel genset technology, making them more fuel-efficient and eco- friendly. The implementation of emission norms like Tier 4 in several regions has also spurred the demand for cleaner diesel gensets with lower emissions. For example, in September 2023, Kirloskar Oil Engines (KOEL) introduced CPCB IV+ compliant gensets to provide high-performance, fuel-efficient, and environmentally responsible solutions. These gensets met the latest emission norms set by the Central Pollution Control Board.

The commercial diesel gensets industry is classified based on power rating, end-use, application and region.

In terms of end-use, the market size from the telecom segment will record a notable growth rate between 2024 and 2032 owing to the critical reliance on uninterrupted power supply. Cell towers and data centers deployed in modern communication networks constantly require consistent power to maintain operations. In regions with unreliable grid infrastructure or frequent power outages, diesel gensets serve as vital backup power solutions for ensuring seamless connectivity and uninterrupted communication services.

By application, the commercial diesel gensets industry from the peak shaving segment is set to grow significantly over the forecast period. The growth is due to the challenges of peak demand periods in electricity consumption. As industries and commercial facilities face peak demand charges and strains on the grid during times of high energy usage, diesel gensets offer an effective solution for reducing peak demand and associated costs. The rising application of diesel gensets for peak shaving not only optimizes energy costs but also enhances grid stability and reliability.

North America commercial diesel gensets industry size is anticipated to grow at an impressive pace through 2032 influenced by the presence of robust industrial sector and stringent regulatory standards for backup power solutions. The increasing adoption of diesel gensets for emergency preparedness in the face of natural disasters like hurricanes and wildfires is further stimulating the regional industry growth.

Product Code: 8284

Chapter 1 Methodology & Scope

1.1 Market scope and definitions
1.2 Market estimates & forecast parameters
- 1.2.1 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis, 2019 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
- 3.1.1 Vendor matrix
3.2 Regulatory landscape
3.3 COVID- 19 impact on the industry outlook
3.4 Industry impact forces
- 3.4.1 Growth drivers
- 3.4.2 Industry pitfalls & challenges
3.5 Growth potential analysis
3.6 Porter's analysis
- 3.6.1 Bargaining power of suppliers
- 3.6.2 Bargaining power of buyers
- 3.6.3 Threat of new entrants
- 3.6.4 Threat of substitutes
3.7 PESTEL Analysis

Chapter 4 Competitive Landscape, 2023

4.1 Strategic outlook
4.2 Innovation & sustainability landscape

Chapter 5 Market Size and Forecast, By Power Rating, 2019 - 2032 (Units & USD Million)

5.1 Key trends
5.2 < 50 kVA
5.3 > 50 kVA - 125 kVA
5.4 > 125 kVA - 200 kVA
5.5 > 200 kVA - 330 kVA
5.6 > 330 kVA - 750 kVA
5.7 > 750 kVA

Chapter 6 Market Size and Forecast, By End Use, 2019 - 2032 (Units & USD Million)

6.1 Key trends
6.2 Telecom
6.3 Healthcare
6.4 Data centers
6.5 Educational institutions
6.6 Government centers
6.7 Hospitality
6.8 Retail sales
6.9 Real estate
6.10 Commercial complex
6.11 Infrastructure
6.12 Others

Chapter 7 Market Size and Forecast, By Application, 2019 - 2032 (Units & USD Million)

7.1 Key trends
7.2 Standby
7.3 Peak shaving
7.4 Prime/continuous

Chapter 8 Market Size and Forecast, By Region, 2019 - 2032 (Units & USD Million)

8.1 Key trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Russia
- 8.3.2 UK
- 8.3.3 Germany
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Austria
- 8.3.7 Italy
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Australia
- 8.4.3 India
- 8.4.4 Japan
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
- 8.4.8 Thailand
- 8.4.9 Vietnam
- 8.4.10 Philippines
- 8.4.11 Myanmar
- 8.4.12 Bangladesh
8.5 Middle East
- 8.5.1 Saudi Arabia
- 8.5.2 UAE
- 8.5.3 Qatar
- 8.5.4 Turkey
- 8.5.5 Iran
- 8.5.6 Oman
8.6 Africa
- 8.6.1 Egypt
- 8.6.2 Nigeria
- 8.6.3 Algeria
- 8.6.4 South Africa
- 8.6.5 Angola
- 8.6.6 Kenya
- 8.6.7 Mozambique
8.7 Latin America
- 8.7.1 Brazil
- 8.7.2 Mexico
- 8.7.3 Argentina
- 8.7.4 Chile

Chapter 9 Company Profiles

9.1 Aggreko
9.2 Americas Generators Inc.
9.3 ASHOK LEYLAND
9.4 Atlas Copco
9.5 Caterpillar
9.6 Cummins Inc.
9.7 Deere & Company
9.8 FG Wilson
9.9 Generac Power Systems, Inc.
9.10 HIMOINSA
9.11 Huu Toan
9.12 J C Bamford Excavators Ltd.
9.13 Kirloskar
9.14 Kohler Co.
9.15 MAHINDRA POWEROL
9.16 MITSUBISHI HEAVY INDUSTRIES, LTD.
9.17 Powerica Limited
9.18 Rolls-Royce plc
9.19 Sudhir
9.20 Supernova Genset

Commercial Diesel Gensets Market Size - By Application, By End Use, By Power Rating & Forecast, 2024 - 2032