The global Diesel Generator Market size is projected to touch USD 21.37 billion by the end of 2022, as per the report released by Million Insights. It is estimated to grow with a CAGR of 6.8% over the forecast period. Growth of various industries such as retail, oil and gas, mining and telecom are projected to fuel the market growth over the estimated duration. Diesel generators provide a consistent and excellent power back-up, owing to which they are extensively preferred for separate power and emergency power back-ups.
Key Players:
FG Wilson Inc., Burtonwood Generator & Switchgear Services Ltd., Kirloskar Electric Co., Ltd., Aggreko PLC., Mitsubishi Heavy Industries, Ltd.
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Market Synopsis of Diesel Generators Market:
Major companies are focusing on the development of new diesel generators owing to stringent regulations. These next-generation gensets are capable of regulating voltage automatically due to embedded electronic governors. They are also capable of controlling the swiftness of the engine as required, thereby, making these gensets more energy and fuel-efficient. They are also equipped with additional qualities such as remote monitoring. These features may help in maintaining the eco-friendly nature of diesel generators, which, in turn, is expected to supplement the growth of the diesel generators market over the forecast duration.
Diesel generators are classified based on power rankings such as lower power gensets with power emission ranging from 0 to 350 kVA, medium power gensets with 350 to 1000 kVA, and high power gensets having more than 1000 kVA. Lower power generators are widely preferred in the residential sector. These generators have occupied a market share of 49.0% in 2014. They are predicted to lose their market to medium power and high power generators in the upcoming years. Rapid industrial growth in developing nations such as Brazil, India and China is projected to bolster the sales of medium power and high power generators.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Diesel Generators: Market Variables, Trends & Scope
Chapter 4 Diesel Generators: Product Estimates & Trend Analysis
Chapter 5 Diesel Generators: Application Estimates & Trend Analysis
Chapter 6 Diesel Generators: End-use Estimates & Trend Analysis
Chapter 7 Diesel Generators: Industrial End-use Estimates & Trend Analysis
Chapter 8 Diesel Generators: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Diesel Generators: Manufacturers Company Profiles
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