Malaysia Diesel Generator Set Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025

List of Tables

The Malaysia diesel generator set market is projected to grow from $93.0 million in 2024 to $111.5 million by 2030, reflecting a compound annual growth rate (CAGR) of 3.0% during the forecast period.

This growth is primarily driven by the Malaysian government's focus on infrastructural development, including plans to build 1 million housing units for low-income homebuyers by 2029. The construction industry has shown significant expansion, with a 14.6% growth in 2021 compared to 2020. Additionally, frequent power outages due to natural calamities, such as floods and tsunamis, have increased the reliance on diesel generator sets to ensure uninterrupted power supply.

Key Insights

The above 750 kVA category holds the largest share in the market, attributed to the high electricity requirements of the industrial sector. Malaysia's industrial landscape, including manufacturing and export activities, necessitates robust power solutions to maintain operational efficiency.

The commercial application segment is expected to witness the fastest growth during the forecast period. The reopening of the corporate sector and the establishment of multinational company offices in Malaysia have increased the demand for diesel generator sets to meet backup power needs in commercial establishments.

The Malaysian government's initiatives to support the construction sector, including collaborations with financial organizations and funding for housing programs, are anticipated to drive the demand for diesel generator sets. As the number of residential houses and commercial offices increases, the need for reliable power backup solutions will rise correspondingly.

Frequent power outages, often resulting from natural disasters, have underscored the importance of diesel generator sets in ensuring continuous power supply. For instance, Tenaga Nasional Berhad (TNB) temporarily shut down 333 power substations across six states due to safety concerns during floods, affecting thousands of power consumers. In such scenarios, portable diesel generators provided electricity to temporary evacuation centers lacking power supply from substations.

The market is characterized by a consolidated landscape, with key players focusing on product launches and technological advancements to meet the evolving demands of various sectors. For example, in August 2020, Denyo Co. Ltd. introduced new diesel generator models designed to offer enhanced performance and reliability.

Product Code: 12109

Chapter 1. Research Background

1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Size Breakdown by Segment
- 1.4.1 Market Segmentation by Power Rating
- 1.4.2 Market Segmentation by Application
1.5 Market Data Reporting Unit
- 1.5.1 Volume
- 1.5.2 Value
1.6 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
2.2 Primary Research
- 2.2.1 Breakdown of Primary Research, by Industry Participant
- 2.2.2 Breakdown of Primary Research, by Designation
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Currency Conversion Rates
2.6 Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Industry Outlook

4.1 Definition of Market Segments
- 4.1.1 By Power Rating
  - 4.1.1.4 Above 750 kVA
- 4.1.2 By Application
  - 4.1.2.1 Commercial
    - 4.1.2.1.1 Retail establishments
    - 4.1.2.1.2 Offices
    - 4.1.2.1.3 Telecom towers
    - 4.1.2.1.4 Hospitals
    - 4.1.2.1.5 Hotels
    - 4.1.2.1.6 Others
  - 4.1.2.2 Industrial
    - 4.1.2.2.1 Manufacturing
    - 4.1.2.2.2 Energy & power
    - 4.1.2.2.3 Others
  - 4.1.2.3 Residential
4.2 Market Dynamics
- 4.2.1 Trends
  - 4.2.1.1 Technological advancements in diesel gensets
- 4.2.2 Drivers
  - 4.2.2.1 Rising number of residential societies
  - 4.2.2.2 Poor grid infrastructure and rising frequency of power outages
- 4.2.3 Impact Analysis of Drivers on Market Forecast
- 4.2.4 Restraints
  - 4.2.4.1 Increasing penetration of renewable sources
- 4.2.5 Impact Analysis of Restraints on Market Forecast
4.3 Impact of COVID-19
4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Intensity of Rivalry
- 4.4.4 Threat of New Entrants
- 4.4.5 Threat of Substitutes

Chapter 5. Malaysia Market Size and Forecast

5.1 Overview
5.2 Market Volume, by Power Rating (2019-2030)
5.3 Market Revenue, by Power Rating (2019-2030)
5.4 Market Volume, by Application (2019-2030)
- 5.4.1 Commercial Market Volume, by User
- 5.4.2 Commercial Market Volume, by Power Rating
- 5.4.3 Industrial Market Volume, by User
- 5.4.4 Industrial Market Volume, by Power Rating
5.5 Market Revenue, by Application (2019-2030)
- 5.5.1 Commercial Market Revenue, by User
- 5.5.2 Commercial Market Revenue, by Power Rating
- 5.5.3 Industrial Market Revenue, by User
- 5.5.4 Industrial Market Revenue, by Power Rating

Chapter 6. Competitive Landscape

6.1 List of Market Players and Their Offerings
6.2 Market Share Analysis of Key Players
6.3 Recent Strategic Developments of Key Players

Chapter 7. Company Profiles

7.1 Cummins Inc.
- 7.1.1 Business Overview
- 7.1.2 Product and Service Offerings
- 7.1.3 Key Financial Summary
7.2 Atlas Copco AB
- 7.2.1 Business Overview
- 7.2.2 Product and Service Offerings
- 7.2.3 Key Financial Summary
7.3 DANCOMAIR Group
- 7.3.1 Business Overview
- 7.3.2 Product and Service Offerings
7.4 Safesidepower Sdn Bhd
- 7.4.1 Business Overview
- 7.4.2 Product and Service Offerings
7.5 Hong Tak Engineering Sdn Bhd
- 7.5.1 Business Overview
- 7.5.2 Product and Service Offerings
7.6 Mitsubishi Heavy Industries Ltd.
- 7.6.1 Business Overview
- 7.6.2 Product and Service Offering
- 7.6.3 Key Financial Summary
7.7 Caterpillar Inc.
- 7.7.1 Business Overview
- 7.7.2 Product and Service Offerings
- 7.7.3 Key Financial Summary
7.8 Denyo Co. Ltd.
- 7.8.1 Business Overview
- 7.8.2 Product and Service Offerings
- 7.8.3 Key Financial Summary
7.9 Kohler Co.
- 7.9.1 Business Overview
- 7.9.2 Product and Service Offerings
7.10 Yanmar Holdings Co. Ltd.
- 7.10.1 Business Overview
- 7.10.2 Product and Service Offerings
- 7.10.3 Key Financial Summary
7.11 WCM Group
- 7.11.1 Business Overview
- 7.11.2 Product and Service Offerings

Chapter 8. Appendix

8.1 Abbreviations
8.2 Sources and References
8.3 Related Reports