About Diesel Generators
Diesel generators use diesel as fuel to generate electricity. These generate chemical energy contained by the diesel fuel to mechanical energy through combustion. Generators are the primary sources of electrical supply during power outages. In underdeveloped and developing economies, the demand for generators is high since these nations witness irregular power supply. Generators are the backbone of the construction industry which is growing rapidly. The tower industry is fully dependent on generators for reliable power supply.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Diesel Generators market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Mahindra & Mahindra (India), Kirloskar Oil Engines Limited (India), Kohler Co. (United States), Mitsubishi Corporation (Japan), Caterpillar Inc. (United States), Toshiba Corporation (Japan), Cummins India Ltd. (India), Rolls-Royce Power Systems AG (Germany), Gillette Generators (United States) and Detroit Diesel Generators (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cooper Corporation (India), John Deere (United States), SWP (United States), Kazanci Holding AS (Turkey) and Yanmar (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Diesel Generators market by Type (Portable, Inverter and Standby), Application (Residential and Commercial {Telecom Towers, Hospitals, Hotels, Offices, Mining, Others}) and Region.
On the basis of application, Telecom Towers segment is dominating the market in the year 2023 where as Hospitals segment stood as second largest market .On the basis of geography, the market of Diesel Generators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Power Rating, the sub-segment i.e. 3.5 kVA 50 kVA will boost the Diesel Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Phases, the sub-segment i.e. Single will boost the Diesel Generators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
High Demand in Places That Witness Regular Power Outages and Telecom Tower Industry Is a Major Driver
Challenges:
Low level of fuel and The cooling pipes of the generator face a lot of damage due to high temperatures.
Restraints:
High Cost of Diesel and Government Regulations to Curb Emission of Harmful Pollutants
Opportunities:
Unreliable Power Supply in Developing and Underdeveloped Nations Likely To Raise Demand and Steady Growth in Building & Construction Industry to Increase Demand
Market Leaders and their expansionary development strategies
In June 2023, GFE Power Products had acquired of the well-known brand of bespoke generator manufacturer Musgrave Generators. The acquisition will enable GFE Power Products to elevate its offering of power generation products with increased manufacturing capacity and bespoke generator design.
In April 2018, Mahindra Powerol, a business unit of Mahindra Group announced the extension of its higher kVA Diesel Generators (DG) range with the launch of the 400/500/625 kVA DG powered by Perkinsฎ 2000 series engines. Developed from a proven heavy-duty industrial base, the engines offer superior performance and reliability. These engines are an ideal choice for customers looking at prime and standby power DG range of 400-625 kVA.
Key Target Audience
Diesel Generators Manufacturer, Diesel Generators Traders/Distributors/Suppliers, Importer/Exporter, Diesel Generators Raw Material Supplier, Diesel Generators End-Users, Potential Technology Investors, Downstream Vendors, Research Institutes and Academic Centers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.