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The global diesel generator market reached a value of US$ 15.57 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A diesel generator (DG) is a machine that transforms chemical energy into electrical energy using a diesel engine (DE) and an electric generator. It can inject active and reactive powers simultaneously and is considered reliable, durable, cost-effective, hassle-free, and fuel-efficient. It is also sturdy and resilient, which allows a DG to withstand rigorous compression. As a result, it finds application as a primary source of energy production in power plants and as a backup in the industrial, residential, and commercial sectors across the globe.
The increasing requirement for an uninterrupted and reliable power supply represents one of the key factors driving the market. Moreover, DGs are employed in rural and remote places as they are easy to install and can either be used independently or in conjunction with other sources like solar power. They can also be utilized for offsetting the peaking power needs on the grid as they can quickly be turned on and off without increasing any lag time. In addition, DGs are used by tradespeople that need a portable generator for operating on work sites. Besides this, modern-day DGs can automatically transfer the source of power supply from the grid to the generator and vice versa during a power cut. They can also display warning messages for low fuel and other performance issues. This, coupled with the rising usage of DGs in shopping centers and supermarkets, is creating a positive outlook for the market. Furthermore, as power outages are unexpected and unpredictable, hospitals require generator backup to provide a fast start-up before any damage is caused by power failure. This, in turn, is catalyzing the demand for DGs worldwide.
IMARC Group provides an analysis of the key trends in each sub-segment of the global diesel generator market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on capacity, application, mobility and end user.
Breakup by Capacity:
Breakup by Application:
Breakup by Mobility:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aksa Power Generation, Atlas Copco AB, Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kirloskar Electric Company Limited, Kohler Co., Mitsubishi Heavy Industries Ltd., MTU Onsite Energy (Rolls-Royce plc), Wartsila Corporation and Yanmar Co. Ltd.
|Base Year of the Analysis||2021|
|Segment Coverage||Capacity, Application, Mobility, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Aksa Power Generation, Atlas Copco AB, Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kirloskar Electric Company Limited, Kohler Co., Mitsubishi Heavy Industries Ltd., MTU Onsite Energy (Rolls-Royce plc), Wartsila Corporation and Yanmar Co. Ltd.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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