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Report
Diesel Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-07-05 I 144 Pages I IMARC Group
Market Overview:
The global diesel generator market size reached US$ 16.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 23.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028. The rising demand for reliable power backup solutions across several industries, the growing need for uninterrupted power supply in remote and off-grid areas, and favorable government initiatives and funding supporting infrastructure development represent some of the key factors driving the market.
A diesel generator is a reliable and efficient power source that burns diesel fuel to generate electrical energy, commonly used for backup power supply in various applications. It comprises several key components, including a diesel engine, an alternator, a fuel system, and a control panel. The diesel engine is typically made of robust materials and designed to withstand heavy loads, making it durable and long-lasting. The alternator converts the mechanical energy from the engine into electrical energy, which is then distributed to power various devices and equipment. Compared to other types of generators, diesel generators are more efficient and cost-effective. Diesel fuel is relatively inexpensive and readily available, making diesel generators economical to operate. They also have a longer lifespan compared to gasoline or propane generators, requiring less frequent maintenance and replacement of parts. Additionally, they are highly reliable and can provide continuous power supply for extended periods. Consequently, they are extensively employed in critical applications requiring an uninterrupted power supply, such as hospitals, data centers, and industries. Diesel generators are also known for their high load-carrying capacity, making them suitable for heavy-duty applications. Currently, there are different types of product variants available, including portable, standby, and prime-power diesel generators.
Diesel Generator Market Trends:
The global diesel generator market is being driven by several factors, including the rising demand for reliable backup power solutions in industries, such as healthcare, data centers, and telecommunications, and increasing government support for infrastructure development. This is further bolstered by the growing need for uninterrupted power supply in remote and off-grid areas. Additionally, the expansion of the manufacturing and construction industries, the rising instances of natural disasters, and the escalating demand for diesel generators in the military sector are propelling the market growth. Moreover, the surging awareness regarding the advantages of diesel generators and the development of new product variants by key players are fueling the market growth. Other factors, such as the increasing demand for energy-efficient and low-emission generators and rapid technological advancements, are providing an impetus to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global diesel generator market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on capacity, application, mobility and end user.
Capacity Insights:
0-100 kVA
100-350 kVA
350-1000 kVA
Above 1000 kVA
The report has provided a detailed breakup and analysis of the diesel generator market based on capacity. This includes 0-100 kVA, 100-350 kVA, 350-1000 kVA, and above 1000 kVA. According to the report, 0-100 kVA accounted for the largest market share.
Application Insights:
Standby Backup Power
Prime Power
Peak Shaving Power
The report has provided a detailed breakup and analysis of the diesel generator market based on the application. This includes standby backup power, prime power, and peak shaving power. According to the report, standby backup power accounted for the largest market share.
Mobility Insights:
Stationary
Portable
The report has provided a detailed breakup and analysis of the diesel generator market based on mobility. This includes stationary and portable. According to the report, stationary accounted for the largest market share.
End User Insights:
Residential
Commercial
Industrial
The report has provided a detailed breakup and analysis of the diesel generator market based on the end user. This includes residential, commercial, and industrial. According to the report, industrial accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share. Some of the factors driving the Asia Pacific diesel generator market included the expanding manufacturing sector, developing construction and infrastructure industries, and technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global diesel generator market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. What was the size of the global diesel generator market in 2022?
2. What is the expected growth rate of the global diesel generator market during 2023-2028?
3. What has been the impact of COVID-19 on the global diesel generator market?
4. What are the key factors driving the global diesel generator market?
5. What is the breakup of the global diesel generator market based on the capacity?
6. What is the breakup of the global diesel generator market based on the application?
7. What is the breakup of the global diesel generator market based on the mobility?
8. What is the breakup of the global diesel generator market based on the end user?
9. What are the key regions in the global diesel generator market?
10. Who are the key players/companies in the global diesel generator market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Diesel Generator Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Capacity
6.1 0-100 kVA
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 100-350 kVA
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 350-1000 kVA
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Above 1000 kVA
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 Standby Backup Power
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Prime Power
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Peak Shaving Power
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Mobility
8.1 Stationary
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Portable
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Residential
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Industrial
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Aksa Power Generation
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Atlas Copco AB
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Briggs & Stratton Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 SWOT Analysis
15.3.4 Caterpillar Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Cummins Inc.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Generac Holdings Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Kirloskar Electric Company Limited
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Kohler Co.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 SWOT Analysis
15.3.9 Mitsubishi Heavy Industries Ltd.
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 MTU Onsite Energy (Rolls-Royce plc)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Wartsila Corporation
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Yanmar Co. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 SWOT Analysis
Figure 1: Global: Diesel Generator Market: Major Drivers and Challenges
Figure 2: Global: Diesel Generator Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Diesel Generator Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Diesel Generator Market: Breakup by Capacity (in %), 2022
Figure 5: Global: Diesel Generator Market: Breakup by Application (in %), 2022
Figure 6: Global: Diesel Generator Market: Breakup by Mobility (in %), 2022
Figure 7: Global: Diesel Generator Market: Breakup by End User (in %), 2022
Figure 8: Global: Diesel Generator Market: Breakup by Region (in %), 2022
Figure 9: Global: Diesel Generator (0-100 kVA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Diesel Generator (0-100 kVA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Diesel Generator (100-350 kVA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Diesel Generator (100-350 kVA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Diesel Generator (350-1000 kVA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Diesel Generator (350-1000 kVA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Diesel Generator (Above 1000 kVA) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Diesel Generator (Above 1000 kVA) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Diesel Generator (Standby Backup Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Diesel Generator (Standby Backup Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Diesel Generator (Prime Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Diesel Generator (Prime Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Diesel Generator (Peak Shaving Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Diesel Generator (Peak Shaving Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Diesel Generator (Stationary) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Diesel Generator (Stationary) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Diesel Generator (Portable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Diesel Generator (Portable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Diesel Generator (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Diesel Generator (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Diesel Generator (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Diesel Generator (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Diesel Generator (Industrial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Diesel Generator (Industrial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: North America: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: North America: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: United States: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: United States: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Canada: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Canada: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Asia-Pacific: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Asia-Pacific: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: China: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: China: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Japan: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Japan: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: India: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: India: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: South Korea: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: South Korea: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Australia: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Australia: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Indonesia: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Indonesia: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Others: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Others: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Europe: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Europe: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Germany: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Germany: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: France: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: France: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: United Kingdom: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: United Kingdom: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Italy: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Italy: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Spain: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Spain: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Russia: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Russia: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Latin America: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Latin America: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Brazil: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Brazil: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Mexico: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Mexico: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Others: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Others: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Middle East and Africa: Diesel Generator Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Middle East and Africa: Diesel Generator Market: Breakup by Country (in %), 2022
Figure 81: Middle East and Africa: Diesel Generator Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Global: Diesel Generator Industry: SWOT Analysis
Figure 83: Global: Diesel Generator Industry: Value Chain Analysis
Figure 84: Global: Diesel Generator Industry: Porter's Five Forces Analysis
Table 1: Global: Diesel Generator Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Diesel Generator Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
Table 3: Global: Diesel Generator Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Diesel Generator Market Forecast: Breakup by Mobility (in Million US$), 2023-2028
Table 5: Global: Diesel Generator Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Diesel Generator Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Diesel Generator Market: Competitive Structure
Table 8: Global: Diesel Generator Market: Key Players
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