Diesel Generator Market by Application (Standby Power, Peak Shaving, Prime & Continuous Power), End-User (Commercial, Industrial, Residential), Design (Stationary, Portable), Power Rating & Region - Global Forecast to 2029
The diesel generator market is forecast to reach USD 23.4 billion by 2029 from an estimated USD 17.9 billion in 2024, at a CAGR of 5.4% during the forecast period (2024-2029). The rise in the demand for uninterrupted power supply, and the need to provide power during emergencies is driving the market.
“Peak shaving: The second fastest segment of the diesel generators market, by application.”
Based on application, the diesel generators market has been split into three types: standby power, peak shaving, prime & continuous power. Peak shaving is expected to be the second fastest segment in the market. Peak shaving is a practice of levelling out peak electricity use by consumers in industrial and commercial sectors to maintain grid stability and reduce energy costs. peak shaving helps avoid spikes in energy consumption, influencing energy costs, and ensuring a stable energy supply during high demand periods.
“Commercial segment is expected to emerge as the fastest segment by end user.”
Based on end user, the diesel generators market has been segmented into commercial, industrial, and residential. The growth in the commercial sector is driven by the increased demand from Commercial venues such as agriculture, healthcare, data centers, complexes, government centers, malls, theaters, educational institutions, and telecommunications. The diverse power requirement in commercial segment drives the demand for diesel generators, ensuring their constant business neglecting risks.
“Asia Pacific is expected to be the largest region in the diesel generators market.”
Asia Pacific is expected to be the largest region in the diesel generators market between 2024–2029. The market in Asia Pacific comprises China, India, Australia, Japan, South Korea, New Zealand, and Rest of Asia Pacific countries. The growth of the Diesel generators market in the Asia Pacific region is largely supported by factors such as urbanization, rapid industrialization and increasing demand for backup power solutions. The Asia pacific region home to developing economies like India, Japan and China provide better growth in the diesel generators market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 10%, Europe- 15%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 5%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined based on their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Diesel generators market is dominated by a few major players that have a wide regional presence. The leading players in the diesel generators market are Caterpillar (US), Cummins Inc., (US), Generac power systems, Inc (US), Rolls-Royce PLC (UK), Mitsubishi heavy industries, ltd (Japan).
Research Coverage:
The report defines, describes, and forecasts the diesel generators market, by power rating, by application, by design, and by end user for various regions. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the diesel generators market.
Key Benefits of Buying the Report
“Peak shaving: The second fastest segment of the diesel generators market, by application.”
Based on application, the diesel generators market has been split into three types: standby power, peak shaving, prime & continuous power. Peak shaving is expected to be the second fastest segment in the market. Peak shaving is a practice of levelling out peak electricity use by consumers in industrial and commercial sectors to maintain grid stability and reduce energy costs. peak shaving helps avoid spikes in energy consumption, influencing energy costs, and ensuring a stable energy supply during high demand periods.
“Commercial segment is expected to emerge as the fastest segment by end user.”
Based on end user, the diesel generators market has been segmented into commercial, industrial, and residential. The growth in the commercial sector is driven by the increased demand from Commercial venues such as agriculture, healthcare, data centers, complexes, government centers, malls, theaters, educational institutions, and telecommunications. The diverse power requirement in commercial segment drives the demand for diesel generators, ensuring their constant business neglecting risks.
“Asia Pacific is expected to be the largest region in the diesel generators market.”
Asia Pacific is expected to be the largest region in the diesel generators market between 2024–2029. The market in Asia Pacific comprises China, India, Australia, Japan, South Korea, New Zealand, and Rest of Asia Pacific countries. The growth of the Diesel generators market in the Asia Pacific region is largely supported by factors such as urbanization, rapid industrialization and increasing demand for backup power solutions. The Asia pacific region home to developing economies like India, Japan and China provide better growth in the diesel generators market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 10%, Europe- 15%, Asia Pacific- 60%, the Middle East & Africa- 10%, and South America- 5%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined based on their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Diesel generators market is dominated by a few major players that have a wide regional presence. The leading players in the diesel generators market are Caterpillar (US), Cummins Inc., (US), Generac power systems, Inc (US), Rolls-Royce PLC (UK), Mitsubishi heavy industries, ltd (Japan).
Research Coverage:
The report defines, describes, and forecasts the diesel generators market, by power rating, by application, by design, and by end user for various regions. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the diesel generators market.
Key Benefits of Buying the Report
- Competitive operating costs, enhancing efficiency, low maintenance costs and the increasing demand for reliable and continuous power supply are some of the factors driving the diesel generators market. Strict emission standards and demand for alternate fuel generators like biofuels and natural gas hinder diesel generators market growth. The industrial sector including construction, mining offer lucrative opportunities in this market. The environmental impact including pollution, costlier maintenance costs, lack of grid infrastructure in remote places are some of the challenges faced in this market.
- Product Development/ Innovation: The trends such as the integration of hybrid power systems is a pivotal trend in diesel generator development. Hybrid systems with diesel generators as a backup component represent a new market segment for generator manufacturers. This offers the potential for market expansion and revenue growth. Manufacturers leverage their existing expertise in diesel generators to develop and integrate them effectively with renewable energy sources and control systems in hybrid solutions. Hybrid systems with a diesel backup component can offer a more attractive value proposition to customers seeking reliable power with a lower environmental impact.
- Market Development: The development of diesel generators is essential in providing an uninterrupted power supply during increasing demand periods. Favorable government policies promoting energy security, increasing investments in various sectors like oil & gas, construction and the need for reliable power sources create diesel generators market growth.
- Market Diversification: Rolls-Royce acquires Kinolt, a Belgian specialist for providing uninterruptible power supply. The acquisition further enhances Rolls-Royce’s market position in safety applications and its power supply product offerings.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Caterpillar (USA), Cummins Inc., (USA), Generac power systems, Inc (USA), Rolls-Royce PLC (UK), Mitsubishi Heavy Industries, ltd (Japan). among others in the diesel generators market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 UNITS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.3 MARKET SCOPE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.4.3 DEMAND-SIDE ANALYSIS
2.4.3.1 Country-level analysis
2.4.3.2 Demand-side assumptions
2.4.3.3 Demand-side calculations
2.4.4 SUPPLY-SIDE ANALYSIS
2.4.4.1 Supply-side assumptions
2.4.4.2 Supply-side calculations
2.4.5 FORECAST ASSUMPTIONS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
2.8 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIESEL GENERATOR MARKET
4.2 DIESEL GENERATOR MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY
4.3 DIESEL GENERATOR MARKET, BY APPLICATION
4.4 DIESEL GENERATOR MARKET, BY POWER RATING
4.5 DIESEL GENERATOR MARKET, BY DESIGN
4.6 DIESEL GENERATOR MARKET, BY END USER
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased demand for uninterrupted and reliable power supply
5.2.1.2 Rising power outages
5.2.2 RESTRAINTS
5.2.2.1 Adoption of renewable energy solutions
5.2.2.2 High maintenance and operating costs
5.2.3 OPPORTUNITIES
5.2.3.1 Rising urbanization and industrialization
5.2.3.2 Growing electrification of rural and remote areas in
developing countries
5.2.4 CHALLENGES
5.2.4.1 Implementation of stringent regulations by governments to
achieve net-zero emissions
5.2.4.2 Rising investments by utilities in transmission and
distribution (T&D) systems
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE (ASP) OF DIESEL GENERATORS OFFERED
BY THREE KEY PLAYERS, BY POWER RATING
5.4.2 AVERAGE SELLING PRICE (ASP) OF DIESEL GENERATORS, BY REGION
5.5 VALUE CHAIN ANALYSIS
5.5.1 RAW MATERIAL/COMPONENT MANUFACTURERS/SUPPLIERS
5.5.2 DIESEL GENERATOR MANUFACTURERS/ASSEMBLERS
5.5.3 DISTRIBUTORS/RESELLERS
5.5.4 END USERS
5.5.5 AFTER-SALES SERVICE PROVIDERS
5.6 ECOSYSTEM ANALYSIS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGY
5.7.1.1 Common rail direct fuel injection (CRDI) technology
5.7.2 ADJACENT TECHNOLOGY
5.7.2.1 Hybrid power system
5.8 PATENT ANALYSIS
5.8.1 LIST OF MAJOR PATENTS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO FOR HS CODE 850211
5.9.2 EXPORT SCENARIO FOR HS CODE 850211
5.9.3 IMPORT SCENARIO FOR HS CODE 850212
5.9.4 EXPORT SCENARIO FOR HS CODE 850212
5.9.5 IMPORT SCENARIO FOR HS CODE 850213
5.9.6 EXPORT SCENARIO FOR HS CODE 850213
5.10 KEY CONFERENCES AND EVENTS, 2025–2026
5.11 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE
5.11.1 TARIFF RELATED TO DIESEL GENERATORS
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.11.3 STANDARDS
5.12 PORTER’S FIVE FORCES ANALYSIS
5.12.1 THREAT OF NEW ENTRANTS
5.12.2 BARGAINING POWER OF SUPPLIERS
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 THREAT OF SUBSTITUTES
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 CASE STUDY ANALYSIS
5.13.1 VACCINE DISTRIBUTION CENTER COLLABORATED WITH GENERAC INDUSTRIAL POWER TO ADDRESS CRITICAL BACKUP POWER NEEDS
5.13.2 VERA CRUZ CITY HOSPITAL COLLABORATED WITH INTEGGRAL SISTEMAS DE ENERGIA TO INSTALL DIESEL GENERATORS FOR BACKUP POWER
5.13.3 SKANSKA CONTACTED FG WILSON AND BELLS CONTROL EQUIPMENT LTD. TO INSTALL THREE FG WILSON 2,500 KVA DIESEL GENERATOR SETS AT
HERON TOWER
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 INVESTMENT AND FUNDING SCENARIO
6 DIESEL GENERATOR MARKET, BY DESIGN
6.1 INTRODUCTION
6.2 STATIONARY
6.2.1 HIGH RELIABILITY, DURABILITY, AND LONG-TERM PERFORMANCE
TO DRIVE DEMAND
6.3 PORTABLE
6.3.1 PORTABILITY, EFFICIENCY, AND ROBUSTNESS TO FUEL DEMAND
7 DIESEL GENERATOR MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 STANDBY POWER
7.2.1 INCREASING PARTNERSHIPS AMONG COMPANIES OFFERING STANDBY DIESEL GENERATORS TO DRIVE MARKET
7.3 PEAK SHAVING
7.3.1 IMPROVED POWER QUALITY, REDUCED CARBON EMISSIONS, INCREASED OPERATIONAL RELIABILITY, AND ENERGY EFFICIENCY TO DRIVE DEMAND
7.4 PRIME & CONTINUOUS POWER
7.4.1 RISING USE OF PRIME & CONTINUOUS GENERATORS IN REMOTE LOCATIONS OR HARD-TO-ACCESS AREAS TO DRIVE MARKET
8 DIESEL GENERATOR MARKET, BY POWER RATING
8.1 INTRODUCTION
8.2 UP TO 50 KW
8.2.1 INCREASING DEMAND FROM SMALL-SCALE BUSINESSES AND HOMEOWNERS TO BOOST MARKET GROWTH
8.3 51–280 KW
8.3.1 GROWING USE AT REMOTE CONSTRUCTION SITES AND IN TELECOM, MINING, AND SMALL OIL & GAS PROJECTS TO DRIVE MARKET
8.4 281–500 KW
8.4.1 RISING DEMAND IN OIL & GAS AND MINING INDUSTRIES TO
FUEL MARKET GROWTH
8.5 501–2,000 KW
8.5.1 RISING DEPLOYMENT IN CHEMICALS AND PETROCHEMICALS INDUSTRIES AND COMMERCIAL SECTOR TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
8.6 ABOVE 2,000 KW
8.6.1 GROWING NEED FOR UNINTERRUPTED POWER SUPPLY IN MARINE
INDUSTRY TO DRIVE DEMAND
9 DIESEL GENERATOR MARKET, BY END USER
9.1 INTRODUCTION
9.2 INDUSTRIAL
9.2.1 UTILITIES/POWER GENERATION
9.2.1.1 Rising use of diesel generators by utilities in emergencies for generating electricity to drive market
9.2.2 OIL & GAS
9.2.2.1 Growing use of diesel generators during drilling and digging activities to drive market
9.2.3 CONSTRUCTION
9.2.3.1 Low maintenance and operational costs to drive demand
9.2.4 MANUFACTURING
9.2.4.1 Capability to deliver uninterrupted power to manufacturing units during grid failure and voltage fluctuations to fuel demand
9.2.5 MINING & METALS
9.2.5.1 Lack of access to power grids to fuel demand
9.2.6 MARINE
9.2.6.1 Low fuel consumption, high thermal efficiency, and adaptability to various conditions to drive demand
9.2.7 OTHER INDUSTRIAL END USERS
9.3 COMMERCIAL
9.3.1 IT & TELECOM
9.3.1.1 Requirement for uninterrupted power supply to drive demand
9.3.2 HEALTHCARE
9.3.2.1 Stringent regulations related to hospital backup generators outlined by several organizations to drive demand
9.3.3 OTHER COMMERCIAL END USERS
9.4 RESIDENTIAL
9.4.1 INCREASING DEMAND FOR DIESEL GENERATORS IN AREAS PRONE TO FREQUENT BLACKOUTS TO DRIVE MARKET
10 DIESEL GENERATOR MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN NORTH AMERICA
10.2.2 US
10.2.2.1 Growing industrialization to drive demand
10.2.3 CANADA
10.2.3.1 Increasing offshore oil discoveries and oil & gas projects to
propel demand
10.2.4 MEXICO
10.2.4.1 Expanding mining and oil & gas industries to drive demand
10.3 EUROPE
10.3.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN EUROPE
10.3.2 RUSSIA
10.3.2.1 Increasing investments in oil & gas projects to drive demand
10.3.3 UK
10.3.3.1 Increasing power demand from data centers and construction sites to fuel market growth
10.3.4 GERMANY
10.3.4.1 Rising expenditure on infrastructure development and expansion of data centers to drive demand
10.3.5 FRANCE
10.3.5.1 Increasing power demand and rising investments in manufacturing sector to fuel market growth
10.3.6 REST OF EUROPE
10.4 SOUTH AMERICA
10.4.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN SOUTH AMERICA
10.4.2 BRAZIL
10.4.2.1 Growing adoption in transportation and construction sectors
to drive market
10.4.3 ARGENTINA
10.4.3.1 Government-led efforts to increase fuel supply to drive demand
10.4.4 REST OF SOUTH AMERICA
10.5 ASIA PACIFIC
10.5.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN ASIA PACIFIC
10.5.2 CHINA
10.5.2.1 Increasing power demand to drive market
10.5.3 INDIA
10.5.3.1 Rising investments in data centers to fuel demand
10.5.4 JAPAN
10.5.4.1 Increasing occurrences of natural disasters to fuel demand
10.5.5 SOUTH KOREA
10.5.5.1 Growing need for steady and uninterrupted power supply in manufacturing sector to drive demand
10.5.6 AUSTRALIA
10.5.6.1 Expanding mining industry and dependence on diesel
generators to drive market
10.5.7 REST OF ASIA PACIFIC
10.6 MIDDLE EAST & AFRICA
10.6.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN
MIDDLE EAST & AFRICA
10.6.2 GCC COUNTRIES
10.6.2.1 Launch of new diesel generators with enhanced power capability to boost market growth
10.6.2.2 SAUDI ARABIA
10.6.2.2.1 Growing power demand and low supply to boost
market growth
10.6.2.3 UAE
10.6.2.3.1 Growing energy consumption to drive demand
10.6.2.4 Rest of GCC countries
10.6.3 ALGERIA
10.6.3.1 Growing demand for diesel generators in oil & gas industry to
drive market
10.6.4 NIGERIA
10.6.4.1 Increasing investments in telecommunications industry to prevent prolonged power outages to drive demand
10.6.5 SOUTH AFRICA
10.6.5.1 Low diesel prices to fuel demand
10.6.6 REST OF MIDDLE EAST
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024
11.3 MARKET SHARE ANALYSIS, 2023
11.4 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.5.5.1 Overall footprint
11.5.5.2 Region footprint
11.5.5.3 Design footprint
11.5.5.4 Power rating footprint
11.5.5.5 Application footprint
11.5.5.6 End user footprint
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.6.5.1 List of key startups/SMEs
11.6.5.2 Competitive benchmarking of key startups/SMEs
11.7 COMPETITIVE SCENARIO
11.7.1 PRODUCT LAUNCHES
11.7.2 DEALS
11.7.3 OTHER DEVELOPMENTS
11.8 COMPANY VALUATION AND FINANCIAL METRICS
11.9 BRAND/PRODUCT COMPARISON
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 CATERPILLAR
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Product launches
12.1.1.4 MnM view
12.1.1.4.1 Key strategies/Right to win
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses/Competitive threats
12.1.2 CUMMINS INC.
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.4 MnM view
12.1.2.4.1 Key strategies/Right to win
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses/Competitive threats
12.1.3 GENERAC POWER SYSTEMS, INC.
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Product launches
12.1.3.4 MnM view
12.1.3.4.1 Key strategies/Right to win
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses/Competitive threats
12.1.4 ROLLS-ROYCE PLC
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 Recent developments
12.1.4.3.1 Deals
12.1.4.3.2 Other developments
12.1.4.4 MnM view
12.1.4.4.1 Key strategies/Right to win
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses/Competitive threats
12.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD.
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Product launches
12.1.5.3.2 Deals
12.1.5.3.3 Expansions
12.1.5.4 MnM view
12.1.5.4.1 Key strategies/Right to win
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses/Competitive threats
12.1.6 AGGREKO
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.6.3.2 Deals
12.1.6.3.3 Other developments
12.1.7 KOHLER CO.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.8 WДRTSILД
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.9 ATLAS COPCO AB
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.3.1 Product launches
12.1.9.3.2 Other developments
12.1.10 WEICHAI HOLDING GROUP CO., LTD.
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.11 YAMAHA MOTOR CO., LTD.
12.1.11.1 Business overview
12.1.11.2 Products/Solutions/Services offered
12.1.11.3 Recent developments
12.1.11.3.1 Other developments
12.1.12 HYUNDAI POWER PRODUCTS
12.1.12.1 Business overview
12.1.12.2 Products/Solutions/Services offered
12.1.13 MAHINDRA POWEROL
12.1.13.1 Business overview
12.1.13.2 Products/Solutions/Services offered
12.1.14 ANGLO BELGIAN CORPORATION NV
12.1.14.1 Business overview
12.1.14.2 Products/Solutions/Services offered
12.1.14.3 Recent developments
12.1.14.3.1 Other developments
12.1.15 FG WILSON
12.1.15.1 Business overview
12.1.15.2 Products/Solutions/Services offered
12.1.16 J C BAMFORD EXCAVATORS LTD.
12.1.16.1 Business overview
12.1.16.2 Products/Solutions/Services offered
12.1.16.3 Recent developments
12.1.16.3.1 Other developments
12.1.17 DOOSAN CORPORATION
12.1.17.1 Business overview
12.1.17.2 Products/Solutions/Services offered
12.1.17.3 Recent developments
12.1.17.3.1 Expansions
12.1.18 ASHOK LEYLAND
12.1.18.1 Business overview
12.1.18.2 Products/Solutions/Services offered
12.1.19 KUBOTA CORPORATION
12.1.19.1 Business overview
12.1.19.2 Products/Solutions/Services offered
12.1.20 KIRLOSKAR
12.1.20.1 Business overview
12.1.20.2 Products/Solutions/Services offered
12.1.20.3 Recent developments
12.1.20.3.1 Product launches
12.1.20.3.2 Expansions
12.2 OTHER PLAYERS
12.2.1 AKSA POWER GENERATION
12.2.2 YANMAR HOLDINGS CO., LTD.
12.2.3 MAN ENERGY SOLUTIONS
12.2.4 DENYO CO., LTD.
12.2.5 PRONK MACHINERY B.V.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 UNITS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.2 PRIMARY DATA
2.2.2.1 Breakdown of primaries
2.3 MARKET SCOPE
2.4 MARKET SIZE ESTIMATION
2.4.1 BOTTOM-UP APPROACH
2.4.2 TOP-DOWN APPROACH
2.4.3 DEMAND-SIDE ANALYSIS
2.4.3.1 Country-level analysis
2.4.3.2 Demand-side assumptions
2.4.3.3 Demand-side calculations
2.4.4 SUPPLY-SIDE ANALYSIS
2.4.4.1 Supply-side assumptions
2.4.4.2 Supply-side calculations
2.4.5 FORECAST ASSUMPTIONS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
2.8 IMPACT OF RECESSION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DIESEL GENERATOR MARKET
4.2 DIESEL GENERATOR MARKET IN ASIA PACIFIC, BY END USER AND COUNTRY
4.3 DIESEL GENERATOR MARKET, BY APPLICATION
4.4 DIESEL GENERATOR MARKET, BY POWER RATING
4.5 DIESEL GENERATOR MARKET, BY DESIGN
4.6 DIESEL GENERATOR MARKET, BY END USER
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increased demand for uninterrupted and reliable power supply
5.2.1.2 Rising power outages
5.2.2 RESTRAINTS
5.2.2.1 Adoption of renewable energy solutions
5.2.2.2 High maintenance and operating costs
5.2.3 OPPORTUNITIES
5.2.3.1 Rising urbanization and industrialization
5.2.3.2 Growing electrification of rural and remote areas in
developing countries
5.2.4 CHALLENGES
5.2.4.1 Implementation of stringent regulations by governments to
achieve net-zero emissions
5.2.4.2 Rising investments by utilities in transmission and
distribution (T&D) systems
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICE (ASP) OF DIESEL GENERATORS OFFERED
BY THREE KEY PLAYERS, BY POWER RATING
5.4.2 AVERAGE SELLING PRICE (ASP) OF DIESEL GENERATORS, BY REGION
5.5 VALUE CHAIN ANALYSIS
5.5.1 RAW MATERIAL/COMPONENT MANUFACTURERS/SUPPLIERS
5.5.2 DIESEL GENERATOR MANUFACTURERS/ASSEMBLERS
5.5.3 DISTRIBUTORS/RESELLERS
5.5.4 END USERS
5.5.5 AFTER-SALES SERVICE PROVIDERS
5.6 ECOSYSTEM ANALYSIS
5.7 TECHNOLOGY ANALYSIS
5.7.1 KEY TECHNOLOGY
5.7.1.1 Common rail direct fuel injection (CRDI) technology
5.7.2 ADJACENT TECHNOLOGY
5.7.2.1 Hybrid power system
5.8 PATENT ANALYSIS
5.8.1 LIST OF MAJOR PATENTS
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO FOR HS CODE 850211
5.9.2 EXPORT SCENARIO FOR HS CODE 850211
5.9.3 IMPORT SCENARIO FOR HS CODE 850212
5.9.4 EXPORT SCENARIO FOR HS CODE 850212
5.9.5 IMPORT SCENARIO FOR HS CODE 850213
5.9.6 EXPORT SCENARIO FOR HS CODE 850213
5.10 KEY CONFERENCES AND EVENTS, 2025–2026
5.11 TARIFFS, STANDARDS, AND REGULATORY LANDSCAPE
5.11.1 TARIFF RELATED TO DIESEL GENERATORS
5.11.2 REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS
5.11.3 STANDARDS
5.12 PORTER’S FIVE FORCES ANALYSIS
5.12.1 THREAT OF NEW ENTRANTS
5.12.2 BARGAINING POWER OF SUPPLIERS
5.12.3 BARGAINING POWER OF BUYERS
5.12.4 THREAT OF SUBSTITUTES
5.12.5 INTENSITY OF COMPETITIVE RIVALRY
5.13 CASE STUDY ANALYSIS
5.13.1 VACCINE DISTRIBUTION CENTER COLLABORATED WITH GENERAC INDUSTRIAL POWER TO ADDRESS CRITICAL BACKUP POWER NEEDS
5.13.2 VERA CRUZ CITY HOSPITAL COLLABORATED WITH INTEGGRAL SISTEMAS DE ENERGIA TO INSTALL DIESEL GENERATORS FOR BACKUP POWER
5.13.3 SKANSKA CONTACTED FG WILSON AND BELLS CONTROL EQUIPMENT LTD. TO INSTALL THREE FG WILSON 2,500 KVA DIESEL GENERATOR SETS AT
HERON TOWER
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.14.2 BUYING CRITERIA
5.15 INVESTMENT AND FUNDING SCENARIO
6 DIESEL GENERATOR MARKET, BY DESIGN
6.1 INTRODUCTION
6.2 STATIONARY
6.2.1 HIGH RELIABILITY, DURABILITY, AND LONG-TERM PERFORMANCE
TO DRIVE DEMAND
6.3 PORTABLE
6.3.1 PORTABILITY, EFFICIENCY, AND ROBUSTNESS TO FUEL DEMAND
7 DIESEL GENERATOR MARKET, BY APPLICATION
7.1 INTRODUCTION
7.2 STANDBY POWER
7.2.1 INCREASING PARTNERSHIPS AMONG COMPANIES OFFERING STANDBY DIESEL GENERATORS TO DRIVE MARKET
7.3 PEAK SHAVING
7.3.1 IMPROVED POWER QUALITY, REDUCED CARBON EMISSIONS, INCREASED OPERATIONAL RELIABILITY, AND ENERGY EFFICIENCY TO DRIVE DEMAND
7.4 PRIME & CONTINUOUS POWER
7.4.1 RISING USE OF PRIME & CONTINUOUS GENERATORS IN REMOTE LOCATIONS OR HARD-TO-ACCESS AREAS TO DRIVE MARKET
8 DIESEL GENERATOR MARKET, BY POWER RATING
8.1 INTRODUCTION
8.2 UP TO 50 KW
8.2.1 INCREASING DEMAND FROM SMALL-SCALE BUSINESSES AND HOMEOWNERS TO BOOST MARKET GROWTH
8.3 51–280 KW
8.3.1 GROWING USE AT REMOTE CONSTRUCTION SITES AND IN TELECOM, MINING, AND SMALL OIL & GAS PROJECTS TO DRIVE MARKET
8.4 281–500 KW
8.4.1 RISING DEMAND IN OIL & GAS AND MINING INDUSTRIES TO
FUEL MARKET GROWTH
8.5 501–2,000 KW
8.5.1 RISING DEPLOYMENT IN CHEMICALS AND PETROCHEMICALS INDUSTRIES AND COMMERCIAL SECTOR TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS
8.6 ABOVE 2,000 KW
8.6.1 GROWING NEED FOR UNINTERRUPTED POWER SUPPLY IN MARINE
INDUSTRY TO DRIVE DEMAND
9 DIESEL GENERATOR MARKET, BY END USER
9.1 INTRODUCTION
9.2 INDUSTRIAL
9.2.1 UTILITIES/POWER GENERATION
9.2.1.1 Rising use of diesel generators by utilities in emergencies for generating electricity to drive market
9.2.2 OIL & GAS
9.2.2.1 Growing use of diesel generators during drilling and digging activities to drive market
9.2.3 CONSTRUCTION
9.2.3.1 Low maintenance and operational costs to drive demand
9.2.4 MANUFACTURING
9.2.4.1 Capability to deliver uninterrupted power to manufacturing units during grid failure and voltage fluctuations to fuel demand
9.2.5 MINING & METALS
9.2.5.1 Lack of access to power grids to fuel demand
9.2.6 MARINE
9.2.6.1 Low fuel consumption, high thermal efficiency, and adaptability to various conditions to drive demand
9.2.7 OTHER INDUSTRIAL END USERS
9.3 COMMERCIAL
9.3.1 IT & TELECOM
9.3.1.1 Requirement for uninterrupted power supply to drive demand
9.3.2 HEALTHCARE
9.3.2.1 Stringent regulations related to hospital backup generators outlined by several organizations to drive demand
9.3.3 OTHER COMMERCIAL END USERS
9.4 RESIDENTIAL
9.4.1 INCREASING DEMAND FOR DIESEL GENERATORS IN AREAS PRONE TO FREQUENT BLACKOUTS TO DRIVE MARKET
10 DIESEL GENERATOR MARKET, BY REGION
10.1 INTRODUCTION
10.2 NORTH AMERICA
10.2.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN NORTH AMERICA
10.2.2 US
10.2.2.1 Growing industrialization to drive demand
10.2.3 CANADA
10.2.3.1 Increasing offshore oil discoveries and oil & gas projects to
propel demand
10.2.4 MEXICO
10.2.4.1 Expanding mining and oil & gas industries to drive demand
10.3 EUROPE
10.3.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN EUROPE
10.3.2 RUSSIA
10.3.2.1 Increasing investments in oil & gas projects to drive demand
10.3.3 UK
10.3.3.1 Increasing power demand from data centers and construction sites to fuel market growth
10.3.4 GERMANY
10.3.4.1 Rising expenditure on infrastructure development and expansion of data centers to drive demand
10.3.5 FRANCE
10.3.5.1 Increasing power demand and rising investments in manufacturing sector to fuel market growth
10.3.6 REST OF EUROPE
10.4 SOUTH AMERICA
10.4.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN SOUTH AMERICA
10.4.2 BRAZIL
10.4.2.1 Growing adoption in transportation and construction sectors
to drive market
10.4.3 ARGENTINA
10.4.3.1 Government-led efforts to increase fuel supply to drive demand
10.4.4 REST OF SOUTH AMERICA
10.5 ASIA PACIFIC
10.5.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN ASIA PACIFIC
10.5.2 CHINA
10.5.2.1 Increasing power demand to drive market
10.5.3 INDIA
10.5.3.1 Rising investments in data centers to fuel demand
10.5.4 JAPAN
10.5.4.1 Increasing occurrences of natural disasters to fuel demand
10.5.5 SOUTH KOREA
10.5.5.1 Growing need for steady and uninterrupted power supply in manufacturing sector to drive demand
10.5.6 AUSTRALIA
10.5.6.1 Expanding mining industry and dependence on diesel
generators to drive market
10.5.7 REST OF ASIA PACIFIC
10.6 MIDDLE EAST & AFRICA
10.6.1 IMPACT OF RECESSION ON DIESEL GENERATOR MARKET IN
MIDDLE EAST & AFRICA
10.6.2 GCC COUNTRIES
10.6.2.1 Launch of new diesel generators with enhanced power capability to boost market growth
10.6.2.2 SAUDI ARABIA
10.6.2.2.1 Growing power demand and low supply to boost
market growth
10.6.2.3 UAE
10.6.2.3.1 Growing energy consumption to drive demand
10.6.2.4 Rest of GCC countries
10.6.3 ALGERIA
10.6.3.1 Growing demand for diesel generators in oil & gas industry to
drive market
10.6.4 NIGERIA
10.6.4.1 Increasing investments in telecommunications industry to prevent prolonged power outages to drive demand
10.6.5 SOUTH AFRICA
10.6.5.1 Low diesel prices to fuel demand
10.6.6 REST OF MIDDLE EAST
11 COMPETITIVE LANDSCAPE
11.1 OVERVIEW
11.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024
11.3 MARKET SHARE ANALYSIS, 2023
11.4 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2018–2022
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
11.5.5.1 Overall footprint
11.5.5.2 Region footprint
11.5.5.3 Design footprint
11.5.5.4 Power rating footprint
11.5.5.5 Application footprint
11.5.5.6 End user footprint
11.6 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
11.6.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
11.6.5.1 List of key startups/SMEs
11.6.5.2 Competitive benchmarking of key startups/SMEs
11.7 COMPETITIVE SCENARIO
11.7.1 PRODUCT LAUNCHES
11.7.2 DEALS
11.7.3 OTHER DEVELOPMENTS
11.8 COMPANY VALUATION AND FINANCIAL METRICS
11.9 BRAND/PRODUCT COMPARISON
12 COMPANY PROFILES
12.1 KEY PLAYERS
12.1.1 CATERPILLAR
12.1.1.1 Business overview
12.1.1.2 Products/Solutions/Services offered
12.1.1.3 Recent developments
12.1.1.3.1 Product launches
12.1.1.4 MnM view
12.1.1.4.1 Key strategies/Right to win
12.1.1.4.2 Strategic choices
12.1.1.4.3 Weaknesses/Competitive threats
12.1.2 CUMMINS INC.
12.1.2.1 Business overview
12.1.2.2 Products/Solutions/Services offered
12.1.2.3 Recent developments
12.1.2.3.1 Product launches
12.1.2.4 MnM view
12.1.2.4.1 Key strategies/Right to win
12.1.2.4.2 Strategic choices
12.1.2.4.3 Weaknesses/Competitive threats
12.1.3 GENERAC POWER SYSTEMS, INC.
12.1.3.1 Business overview
12.1.3.2 Products/Solutions/Services offered
12.1.3.3 Recent developments
12.1.3.3.1 Product launches
12.1.3.4 MnM view
12.1.3.4.1 Key strategies/Right to win
12.1.3.4.2 Strategic choices
12.1.3.4.3 Weaknesses/Competitive threats
12.1.4 ROLLS-ROYCE PLC
12.1.4.1 Business overview
12.1.4.2 Products/Solutions/Services offered
12.1.4.3 Recent developments
12.1.4.3.1 Deals
12.1.4.3.2 Other developments
12.1.4.4 MnM view
12.1.4.4.1 Key strategies/Right to win
12.1.4.4.2 Strategic choices
12.1.4.4.3 Weaknesses/Competitive threats
12.1.5 MITSUBISHI HEAVY INDUSTRIES, LTD.
12.1.5.1 Business overview
12.1.5.2 Products/Solutions/Services offered
12.1.5.3 Recent developments
12.1.5.3.1 Product launches
12.1.5.3.2 Deals
12.1.5.3.3 Expansions
12.1.5.4 MnM view
12.1.5.4.1 Key strategies/Right to win
12.1.5.4.2 Strategic choices
12.1.5.4.3 Weaknesses/Competitive threats
12.1.6 AGGREKO
12.1.6.1 Business overview
12.1.6.2 Products/Solutions/Services offered
12.1.6.3 Recent developments
12.1.6.3.1 Product launches
12.1.6.3.2 Deals
12.1.6.3.3 Other developments
12.1.7 KOHLER CO.
12.1.7.1 Business overview
12.1.7.2 Products/Solutions/Services offered
12.1.8 WДRTSILД
12.1.8.1 Business overview
12.1.8.2 Products/Solutions/Services offered
12.1.9 ATLAS COPCO AB
12.1.9.1 Business overview
12.1.9.2 Products/Solutions/Services offered
12.1.9.3 Recent developments
12.1.9.3.1 Product launches
12.1.9.3.2 Other developments
12.1.10 WEICHAI HOLDING GROUP CO., LTD.
12.1.10.1 Business overview
12.1.10.2 Products/Solutions/Services offered
12.1.11 YAMAHA MOTOR CO., LTD.
12.1.11.1 Business overview
12.1.11.2 Products/Solutions/Services offered
12.1.11.3 Recent developments
12.1.11.3.1 Other developments
12.1.12 HYUNDAI POWER PRODUCTS
12.1.12.1 Business overview
12.1.12.2 Products/Solutions/Services offered
12.1.13 MAHINDRA POWEROL
12.1.13.1 Business overview
12.1.13.2 Products/Solutions/Services offered
12.1.14 ANGLO BELGIAN CORPORATION NV
12.1.14.1 Business overview
12.1.14.2 Products/Solutions/Services offered
12.1.14.3 Recent developments
12.1.14.3.1 Other developments
12.1.15 FG WILSON
12.1.15.1 Business overview
12.1.15.2 Products/Solutions/Services offered
12.1.16 J C BAMFORD EXCAVATORS LTD.
12.1.16.1 Business overview
12.1.16.2 Products/Solutions/Services offered
12.1.16.3 Recent developments
12.1.16.3.1 Other developments
12.1.17 DOOSAN CORPORATION
12.1.17.1 Business overview
12.1.17.2 Products/Solutions/Services offered
12.1.17.3 Recent developments
12.1.17.3.1 Expansions
12.1.18 ASHOK LEYLAND
12.1.18.1 Business overview
12.1.18.2 Products/Solutions/Services offered
12.1.19 KUBOTA CORPORATION
12.1.19.1 Business overview
12.1.19.2 Products/Solutions/Services offered
12.1.20 KIRLOSKAR
12.1.20.1 Business overview
12.1.20.2 Products/Solutions/Services offered
12.1.20.3 Recent developments
12.1.20.3.1 Product launches
12.1.20.3.2 Expansions
12.2 OTHER PLAYERS
12.2.1 AKSA POWER GENERATION
12.2.2 YANMAR HOLDINGS CO., LTD.
12.2.3 MAN ENERGY SOLUTIONS
12.2.4 DENYO CO., LTD.
12.2.5 PRONK MACHINERY B.V.
13 APPENDIX
13.1 INSIGHTS FROM INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
