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The market for diesel generators is predicted to expand at a CAGR of roughly 9.38% from 2023 to 2030. The market for diesel generators is predicted to be driven by an increase in power outages and power failure.
The market for diesel generators reflects the complete reliance of energy consumers in South America and Africa on them for consistent and stable electricity. These diesel generators offer standby, prime, and continuous power generation for end users who frequently experience power outages and require emergency power backup. The demand for surplus and dependable power has increased as a result of expanding urbanisation and industrialization, and this demand is predicted to develop at a high rate for the regions of South America and Africa. Diesel generators serve as a reliable source of power generation in emergencies and remote regions as well as providing prime, standby, and continuous power to the residential, commercial, and industrial sectors.
The increase in power outages and the high average cost of electricity produced by conventional power plants are to blame for the rise in demand for diesel generators in Africa and South America. These elements influence consumers' decisions to choose a reliable, long-lasting power source. A significant investment has been made in independent diesel generators due to a lack of grid infrastructure and insufficient power producing capacity. Compared to other generator types, diesel generators are more fuel-efficient and have a longer lifespan. Diesel generators are efficient and safe to use, and they reliably and continuously supply electricity in response to consumer demand. These key factors all contribute to the demand for diesel generators in South America and Africa.
The entire reliance of South American and African energy customers on diesel generators for consistent and dependable power is seen in the diesel generator market. When an end user has frequent power outages and requires an emergency power backup, these diesel generators offer standby, prime, and continuous power production. The demand for surplus and continuous electrical supply has come from expanding urbanisation and industrialization, and diesel generator sales for the regions of South America and Africa are expected to increase significantly in the next years. Diesel generators are a stable source of power generation in emergency situations and in distant locations. They provide prime, standby, and continuous power output to the residential, commercial, and industrial sectors.
Most developing or underdeveloped nations are found in the continents of South America and Africa. These nations rely heavily on standby power generation and unconventional power generating technologies because conventional power generation is more expensive overall and produces less power than the actual demand. certain variables collectively are a major cause of power outages in certain areas. Therefore, the majority of end users are moving towards using diesel-powered generators. The end customers served by the diesel generator include businesses, hospitals, construction sites, isolated & discrete locations, commercial buildings, and residential buildings.
The surge in power outages and the high average cost of electricity generated by traditional power plants are to blame for the region of Africa and South America's growing need for diesel generators. These influence users to choose an endless & reliable power supply. High investment has been made in independent diesel generators units as a result of the inadequate grid infrastructure and limited power generation capacity. Diesel generators have a longer lifespan than other fuel-type generators and are more fuel-efficient. Diesel generators deliver consistent, dependable electricity according to consumer demand while running safely and efficiently. The demand for diesel generators in the diesel generator market is being driven by all these important aspects.
Due to the increased demand for a consistent and abundant supply of energy brought on by increasing urbanisation and industrialization, the diesel generator market is expected to expand at a significant rate. Diesel generators are a stable source of power generation in emergency situations and in distant locations. They provide prime, standby, and continuous power output to the residential, commercial, and industrial sectors. The growth of hybrid renewable energy systems as well as the rise in power outages and power failures are some of the factors that are propelling the diesel generator market. However, the market for diesel generators will be constrained by the growth of renewable energy sources and the high operating and maintenance costs of diesel generators.
Report Coverage
Global Diesel Generator research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Diesel Generator report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Diesel Generator competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Diesel Generator market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Diesel Generator market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Diesel Generator market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., AKSA Power Generation, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, Aggreko PLC, MAN Diesel & Turbo, General Electric Company and Wärtsilä
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Diesel Generator market based on the below-mentioned segments:
Global Diesel Generator Market, By Power Rating
Upto 10 kW
11 kW - 100 kW
Above 100 kW
Global Diesel Generator market, By Portability
Stationary
Portable
Global Diesel Generator Market, By End User
Residential
Commercial
Industrial
Global Diesel Generator market, Regional Analysis
The market for diesel generators reflects the complete reliance of energy consumers in South America and Africa on them for consistent and stable electricity. These diesel generators offer standby, prime, and continuous power generation for end users who frequently experience power outages and require emergency power backup. The demand for surplus and dependable power has increased as a result of expanding urbanisation and industrialization, and this demand is predicted to develop at a high rate for the regions of South America and Africa. Diesel generators serve as a reliable source of power generation in emergencies and remote regions as well as providing prime, standby, and continuous power to the residential, commercial, and industrial sectors.
The increase in power outages and the high average cost of electricity produced by conventional power plants are to blame for the rise in demand for diesel generators in Africa and South America. These elements influence consumers' decisions to choose a reliable, long-lasting power source. A significant investment has been made in independent diesel generators due to a lack of grid infrastructure and insufficient power producing capacity. Compared to other generator types, diesel generators are more fuel-efficient and have a longer lifespan. Diesel generators are efficient and safe to use, and they reliably and continuously supply electricity in response to consumer demand. These key factors all contribute to the demand for diesel generators in South America and Africa.
The entire reliance of South American and African energy customers on diesel generators for consistent and dependable power is seen in the diesel generator market. When an end user has frequent power outages and requires an emergency power backup, these diesel generators offer standby, prime, and continuous power production. The demand for surplus and continuous electrical supply has come from expanding urbanisation and industrialization, and diesel generator sales for the regions of South America and Africa are expected to increase significantly in the next years. Diesel generators are a stable source of power generation in emergency situations and in distant locations. They provide prime, standby, and continuous power output to the residential, commercial, and industrial sectors.
Most developing or underdeveloped nations are found in the continents of South America and Africa. These nations rely heavily on standby power generation and unconventional power generating technologies because conventional power generation is more expensive overall and produces less power than the actual demand. certain variables collectively are a major cause of power outages in certain areas. Therefore, the majority of end users are moving towards using diesel-powered generators. The end customers served by the diesel generator include businesses, hospitals, construction sites, isolated & discrete locations, commercial buildings, and residential buildings.
The surge in power outages and the high average cost of electricity generated by traditional power plants are to blame for the region of Africa and South America's growing need for diesel generators. These influence users to choose an endless & reliable power supply. High investment has been made in independent diesel generators units as a result of the inadequate grid infrastructure and limited power generation capacity. Diesel generators have a longer lifespan than other fuel-type generators and are more fuel-efficient. Diesel generators deliver consistent, dependable electricity according to consumer demand while running safely and efficiently. The demand for diesel generators in the diesel generator market is being driven by all these important aspects.
Due to the increased demand for a consistent and abundant supply of energy brought on by increasing urbanisation and industrialization, the diesel generator market is expected to expand at a significant rate. Diesel generators are a stable source of power generation in emergency situations and in distant locations. They provide prime, standby, and continuous power output to the residential, commercial, and industrial sectors. The growth of hybrid renewable energy systems as well as the rise in power outages and power failures are some of the factors that are propelling the diesel generator market. However, the market for diesel generators will be constrained by the growth of renewable energy sources and the high operating and maintenance costs of diesel generators.
Report Coverage
Global Diesel Generator research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Diesel Generator report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Diesel Generator competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Diesel Generator market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., AKSA Power Generation, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, Aggreko PLC, MAN Diesel & Turbo, General Electric Company and Wärtsilä |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Diesel Generator Market from 2021 to 2030.
- Market Forecast for Diesel Generator Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Diesel Generator competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Diesel Generator
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Diesel Generator market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Diesel Generator market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., AKSA Power Generation, Kohler Co., Rolls-Royce Power Systems AG, Wuxi Kipor Power Co. Ltd, Aggreko PLC, MAN Diesel & Turbo, General Electric Company and Wärtsilä
Primary Target Market
- Market Players of Diesel Generator
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Diesel Generator market based on the below-mentioned segments:
Global Diesel Generator Market, By Power Rating
Upto 10 kW
11 kW - 100 kW
Above 100 kW
Global Diesel Generator market, By Portability
Stationary
Portable
Global Diesel Generator Market, By End User
Residential
Commercial
Industrial
Global Diesel Generator market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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