Global Diesel Genset Market Growth 2023-2029

Global Diesel Genset Market Growth 2023-2029

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

LPI (LP Information)' newest research report, the “Diesel Genset Industry Forecast” looks at past sales and reviews total world Diesel Genset sales in 2022, providing a comprehensive analysis by region and market sector of projected Diesel Genset sales for 2023 through 2029. With Diesel Genset sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Diesel Genset industry.

This Insight Report provides a comprehensive analysis of the global Diesel Genset 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 Genset portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Diesel Genset market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Diesel Genset 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 Genset.

The global Diesel Genset market size is projected to grow from US$ 21160 million in 2022 to US$ 30360 million in 2029; it is expected to grow at a CAGR of 30360 from 2023 to 2029.

Global Diesel Genset key players include Caterpillar, Cummins, Kohler, MTU, Volvo, etc. Global top five manufacturers hold a share over 70%.

US is the largest market, with a share over 25%, followed by Europe and China, both have a share over 40%.

In terms of product, >300 Kw is the largest segment, with a share over 45%. And in terms of application, the largest application is Land, followed by Water, etc.

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

Market Segmentation:

Segmentation by type

<60 Kw

60-300 Kw

>300 Kw

Segmentation by application

Land Diesel Genset

Marine Diesel Genset

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 analyzing the company's coverage, product portfolio, its market penetration.

Caterpillar

Kohler

Cummins

MTU

Volvo

MHI

Briggs Stratton

Kipor Power

Generac

Dresser_Rand

MultiQuip

Himoinsa

APR Energy

GE Energy

Pramac

F.G.Wilson

JCB

Wartsila

Yanmar

Wasker Neuson

Atlas Copco

Kirloska

Key Questions Addressed in this Report

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

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

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

How do Diesel Genset market opportunities vary by end market size?

How does Diesel Genset break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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