Global Diesel Generator Sets Market Growth 2025-2031

The global Diesel Generator Sets market size is predicted to grow from US$ 17300 million in 2025 to US$ 27050 million in 2031; it is expected to grow at a CAGR of 7.7% from 2025 to 2031.

A diesel generator is the packaged combination of a diesel engine, a generator and various ancillary devices (such as base, canopy, sound attenuation, control systems, circuit breakers, jacket water heaters and starting system).

Diesel genset are used in places without connection to a power grid, or as emergency power-supply if the grid fails, as well as for more complex applications such as peak-lopping, grid support and export to the power grid.Figure Picture of Diesel Genset

Diesel genset is a self-propelled power station AC power supply equipment that uses diesel fuel, powered by an internal combustion engine, to drive a synchronous alternator to generate electricity and convert kinetic energy into electrical and thermal energy.

The key manufacturers of diesel generator sets worldwide are Caterpillar, Kohler, Cummins, Generac, Mitsubishi Heavy Industries, MTU, Wartsila, HIMOINSA, GE, Tahoe Technology and so on. The top four producers together account for more than 50% of the market share, with the largest producer being Caterpillar, accounting for 25%. The global origin is mainly distributed in North America, Europe, China, Japan, India, Latin America, etc. The Asia-Pacific region has the largest market with a 45% market share. In terms of product category, power less than 200KW occupies the major market share with 60%, followed by power between 200-500KW with 25%. In terms of its application, diesel generator sets are mainly used in household and commercial sectors, communication, industrial backup power, etc.

LP Information, Inc. (LPI) ' newest research report, the “Diesel Generator Sets Industry Forecast” looks at past sales and reviews total world Diesel Generator Sets sales in 2024, providing a comprehensive analysis by region and market sector of projected Diesel Generator Sets sales for 2025 through 2031. With Diesel Generator Sets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diesel Generator Sets industry.

This Insight Report provides a comprehensive analysis of the global Diesel Generator Sets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Diesel Generator Sets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Diesel Generator Sets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diesel Generator Sets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Diesel Generator Sets.

This report presents a comprehensive overview, market shares, and growth opportunities of Diesel Generator Sets market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Power Less Than 200KW

Power at 200-500KW

Power Greater Than 500KW

Segmentation by Application:

Household and Commercial Fields

Communication

Industrial Backup Power

Architecture

Diesel Power Station

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Caterpillar

Kohler

Cummins

Generac

Mitsubishi Heavy Industries

MTU

Wartsila

HIMOINSA

GE

Tellhow Sci-Tech

Weichai Power Co., Ltd

Guangxi yuchai machinery co., LTD

LoncinMotorCo.,Ltd.

VPower Group

Shanghai Cooltech Power

Power Shinco

Anhui Quanchai Engine

BAIFA

KUNMING YUNNEI POWER CO.,LTD

SUMEC Co. Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Diesel Generator Sets market?

What factors are driving Diesel Generator Sets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Diesel Generator Sets market opportunities vary by end market size?

How does Diesel Generator Sets break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.