Diesel Generator Market to 2028 - Global Analysis and Forecasts by Power Rating (Below 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 kVA); Mobility (Stationary, Portable); Application (Standby Power, Peak Shaving); End User (Residential, Commercial, Industrial) and Geography
Report Code: TIPRE00029392
| No. of Pages: 150
| Category: Energy and Power
| Status: Upcoming
MARKET OVERVIEW The diesel generator, a combination of diesel engine with electrical generator, is a reliable power supply device. It is used for generating electricity to provide continuous power supply during power interruptions. It is mostly used as a standby device during power outages or at places with no connection to a power grid. Factors driving the diesel generator market include increasing need for uninterrupted & reliable power supply and increasing number of power outages. The increasing demand for energy across the globe, significant rise in population, and infrastructure development are the key factors driving the market outlook over the forecast period.
MARKET SCOPE The "Global Diesel Generator Market Analysis to 2028" is a specialized and in-depth study of the power generation with a special focus on the global market trend analysis. The report aims to provide an overview of the diesel generator market with detailed market segmentation by power rating, mobility, application, end user and geography. The report provides key statistics on the market status of the leading diesel generator market players and offers key trends and opportunities in the market.
On the basis of power rating the market is segmented into below 100 kVA, 100 kVA, 100-350 kVA, 350-1000 kVA, Above 1000 kVA
On the basis mobility, the market is segmented as stationary and portable
On the basis application, the market is segmented as standby backup power and pick shaving
On the basis end user, the market is segmented as residential, commercial, and industrial
Growing Demand for Uninterrupted & Reliable Power Supply
Increasing Number of Power Outages
Rapidly Growing Renewable Energy Technologies
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South and Central America. The diesel generator market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region. The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the diesel generator market in these regions.
IMPACT OF COVID-19 ON DIESEL GENERATOR MARKET The emergence of the COVID-19 has severely impacted the energy sector industries, which resulted decline in the diesel generator market in the year 2020. The pandemic severely impacted the power demand in countries such as China, India, and Japan. In addition, governments across the world were compelled to reduce the business activities in response to minimize the threat of coronavirus. Owing the decline in the business activities has further negatively impacted the sales of diesel generator in the short term. The unavailability of raw material and distruption of supply chain due to the pandemic has affects the market prospects. Furthermore, project delays and and cancellation of orders has affected the key market. Hence, from 2021, the ease in restriction and opening of manufacturing industries have fueled the market growth over the projected period. The growing urbanization and rise in industrial activities are fueling the adoption of diesel generator which is aiding the market growth. There is energy rebound in energy investments in 2021, which is creates promising growth opportunities during the pandemic recovery period.
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The report covers key developments in the diesel generator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the diesel generator market are anticipated to provide lucrative growth opportunities in the future owing to increase in urbanization & industrialization. The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diesel generator market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Generac Holdings Inc.
MTU Onsite Energy
Mitsubishi Heavy Industries Ltd.
Wuxi Kipor Power
Yanmar Co. Ltd.
Kirloskar Electric Company Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.