A diesel genset is a combination of a diesel engine with an electric generator. The diesel genset generates electrical energy. In case the grid fails, it acts as a provider of emergency power-supply and also supports in other complex applications including grid support and peak-lopping.
MARKET DYNAMICS
The rise in the need to improve power supply scenarios in isolated and remote areas of countries is driving the diesel genset market. Nevertheless, the adoption of diesel genset within telecom industries is rising. High utilization of lower rating genset in telecom infrastructure help the telecom companies to take advantage of low cost. This is anticipated to offer significant growth opportunities for the players operating in the diesel genset market.
MARKET SCOPE
The "Global Diesel Genset Market Analysis to 2028" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diesel genset market with detailed market segmentation by power rating, application, end user, and geography. The global diesel genset market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Diesel Genset market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global diesel genset market is segmented on the basis of power rating, application, and end user. Based on power rating, the diesel genset market is segmented into below 20 kW, 20-220 kW, and above 220kW. On the basis of application, the diesel genset market is segmented into standby backup, peak shaving power, and power prime power. Further, the diesel genset market is segmented on the basis of end user into commercial, residential, and industrial.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diesel genset 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), Middle East and Africa (MEA) and South & Central America. The diesel genset 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 diesel genset 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 trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the diesel genset in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diesel genset 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), Middle East and Africa (MEA) and South & Central America. The diesel genset 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 diesel genset 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 trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the diesel genset in these regions.
MARKET PLAYERS
The reports cover key developments in the diesel genset market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals 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 payers from diesel genset market are anticipated to lucrative growth opportunities in the future with the rising demand for diesel genset in the global market. Below mentioned is the list of few companies engaged in the diesel genset market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diesel genset 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.
- Atlas Copco AB
- Caterpillar Inc.
- Cummins Inc.
- Denyo Co., Ltd.
- Generac Power Systems, Inc.
- General Electric Company
- HIMOINSA S.L. (Yanmar Co., Ltd.)
- Ingersoll-Rand Inc.
- Siemens AG
- Wacker Neuson SE
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Diesel Genset Market - By Power Rating
1.3.2 Diesel Genset Market - By Application
1.3.3 Diesel Genset Market - By End User
1.3.4 Diesel Genset Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. DIESEL GENSET MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. DIESEL GENSET MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. DIESEL GENSET MARKET - GLOBAL MARKET ANALYSIS
6.1. DIESEL GENSET - GLOBAL MARKET OVERVIEW
6.2. DIESEL GENSET - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. DIESEL GENSET MARKET - REVENUE AND FORECASTS TO 2028 - POWER RATING
7.1. OVERVIEW
7.2. POWER RATING MARKET FORECASTS AND ANALYSIS
7.3. BELOW 20 KW
7.3.1. Overview
7.3.2. Below 20 kW Market Forecast and Analysis
7.4. 20-220 KW
7.4.1. Overview
7.4.2. 20-220 kW Market Forecast and Analysis
7.5. ABOVE 220KW
7.5.1. Overview
7.5.2. Above 220kW Market Forecast and Analysis
8. DIESEL GENSET MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. STANDBY BACKUP
8.3.1. Overview
8.3.2. Standby Backup Market Forecast and Analysis
8.4. PEAK SHAVING POWER
8.4.1. Overview
8.4.2. Peak Shaving Power Market Forecast and Analysis
8.5. POWER PRIME POWER
8.5.1. Overview
8.5.2. Power Prime Power Market Forecast and Analysis
9. DIESEL GENSET MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL
9.3.1. Overview
9.3.2. Commercial Market Forecast and Analysis
9.4. RESIDENTIAL
9.4.1. Overview
9.4.2. Residential Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis
10. DIESEL GENSET MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Diesel Genset Market Overview
10.1.2 North America Diesel Genset Market Forecasts and Analysis
10.1.3 North America Diesel Genset Market Forecasts and Analysis - By Power Rating
10.1.4 North America Diesel Genset Market Forecasts and Analysis - By Application
10.1.5 North America Diesel Genset Market Forecasts and Analysis - By End User
10.1.6 North America Diesel Genset Market Forecasts and Analysis - By Countries
10.1.6.1 United States Diesel Genset Market
10.1.6.1.1 United States Diesel Genset Market by Power Rating
10.1.6.1.2 United States Diesel Genset Market by Application
10.1.6.1.3 United States Diesel Genset Market by End User
10.1.6.2 Canada Diesel Genset Market
10.1.6.2.1 Canada Diesel Genset Market by Power Rating
10.1.6.2.2 Canada Diesel Genset Market by Application
10.1.6.2.3 Canada Diesel Genset Market by End User
10.1.6.3 Mexico Diesel Genset Market
10.1.6.3.1 Mexico Diesel Genset Market by Power Rating
10.1.6.3.2 Mexico Diesel Genset Market by Application
10.1.6.3.3 Mexico Diesel Genset Market by End User
10.2. EUROPE
10.2.1 Europe Diesel Genset Market Overview
10.2.2 Europe Diesel Genset Market Forecasts and Analysis
10.2.3 Europe Diesel Genset Market Forecasts and Analysis - By Power Rating
10.2.4 Europe Diesel Genset Market Forecasts and Analysis - By Application
10.2.5 Europe Diesel Genset Market Forecasts and Analysis - By End User
10.2.6 Europe Diesel Genset Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Diesel Genset Market
10.2.6.1.1 Germany Diesel Genset Market by Power Rating
10.2.6.1.2 Germany Diesel Genset Market by Application
10.2.6.1.3 Germany Diesel Genset Market by End User
10.2.6.2 France Diesel Genset Market
10.2.6.2.1 France Diesel Genset Market by Power Rating
10.2.6.2.2 France Diesel Genset Market by Application
10.2.6.2.3 France Diesel Genset Market by End User
10.2.6.3 Italy Diesel Genset Market
10.2.6.3.1 Italy Diesel Genset Market by Power Rating
10.2.6.3.2 Italy Diesel Genset Market by Application
10.2.6.3.3 Italy Diesel Genset Market by End User
10.2.6.4 United Kingdom Diesel Genset Market
10.2.6.4.1 United Kingdom Diesel Genset Market by Power Rating
10.2.6.4.2 United Kingdom Diesel Genset Market by Application
10.2.6.4.3 United Kingdom Diesel Genset Market by End User
10.2.6.5 Russia Diesel Genset Market
10.2.6.5.1 Russia Diesel Genset Market by Power Rating
10.2.6.5.2 Russia Diesel Genset Market by Application
10.2.6.5.3 Russia Diesel Genset Market by End User
10.2.6.6 Rest of Europe Diesel Genset Market
10.2.6.6.1 Rest of Europe Diesel Genset Market by Power Rating
10.2.6.6.2 Rest of Europe Diesel Genset Market by Application
10.2.6.6.3 Rest of Europe Diesel Genset Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Diesel Genset Market Overview
10.3.2 Asia-Pacific Diesel Genset Market Forecasts and Analysis
10.3.3 Asia-Pacific Diesel Genset Market Forecasts and Analysis - By Power Rating
10.3.4 Asia-Pacific Diesel Genset Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Diesel Genset Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Diesel Genset Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Diesel Genset Market
10.3.6.1.1 Australia Diesel Genset Market by Power Rating
10.3.6.1.2 Australia Diesel Genset Market by Application
10.3.6.1.3 Australia Diesel Genset Market by End User
10.3.6.2 China Diesel Genset Market
10.3.6.2.1 China Diesel Genset Market by Power Rating
10.3.6.2.2 China Diesel Genset Market by Application
10.3.6.2.3 China Diesel Genset Market by End User
10.3.6.3 India Diesel Genset Market
10.3.6.3.1 India Diesel Genset Market by Power Rating
10.3.6.3.2 India Diesel Genset Market by Application
10.3.6.3.3 India Diesel Genset Market by End User
10.3.6.4 Japan Diesel Genset Market
10.3.6.4.1 Japan Diesel Genset Market by Power Rating
10.3.6.4.2 Japan Diesel Genset Market by Application
10.3.6.4.3 Japan Diesel Genset Market by End User
10.3.6.5 South Korea Diesel Genset Market
10.3.6.5.1 South Korea Diesel Genset Market by Power Rating
10.3.6.5.2 South Korea Diesel Genset Market by Application
10.3.6.5.3 South Korea Diesel Genset Market by End User
10.3.6.6 Rest of Asia-Pacific Diesel Genset Market
10.3.6.6.1 Rest of Asia-Pacific Diesel Genset Market by Power Rating
10.3.6.6.2 Rest of Asia-Pacific Diesel Genset Market by Application
10.3.6.6.3 Rest of Asia-Pacific Diesel Genset Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Diesel Genset Market Overview
10.4.2 Middle East and Africa Diesel Genset Market Forecasts and Analysis
10.4.3 Middle East and Africa Diesel Genset Market Forecasts and Analysis - By Power Rating
10.4.4 Middle East and Africa Diesel Genset Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Diesel Genset Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Diesel Genset Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Diesel Genset Market
10.4.6.1.1 South Africa Diesel Genset Market by Power Rating
10.4.6.1.2 South Africa Diesel Genset Market by Application
10.4.6.1.3 South Africa Diesel Genset Market by End User
10.4.6.2 Saudi Arabia Diesel Genset Market
10.4.6.2.1 Saudi Arabia Diesel Genset Market by Power Rating
10.4.6.2.2 Saudi Arabia Diesel Genset Market by Application
10.4.6.2.3 Saudi Arabia Diesel Genset Market by End User
10.4.6.3 U.A.E Diesel Genset Market
10.4.6.3.1 U.A.E Diesel Genset Market by Power Rating
10.4.6.3.2 U.A.E Diesel Genset Market by Application
10.4.6.3.3 U.A.E Diesel Genset Market by End User
10.4.6.4 Rest of Middle East and Africa Diesel Genset Market
10.4.6.4.1 Rest of Middle East and Africa Diesel Genset Market by Power Rating
10.4.6.4.2 Rest of Middle East and Africa Diesel Genset Market by Application
10.4.6.4.3 Rest of Middle East and Africa Diesel Genset Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Diesel Genset Market Overview
10.5.2 South and Central America Diesel Genset Market Forecasts and Analysis
10.5.3 South and Central America Diesel Genset Market Forecasts and Analysis - By Power Rating
10.5.4 South and Central America Diesel Genset Market Forecasts and Analysis - By Application
10.5.5 South and Central America Diesel Genset Market Forecasts and Analysis - By End User
10.5.6 South and Central America Diesel Genset Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Diesel Genset Market
10.5.6.1.1 Brazil Diesel Genset Market by Power Rating
10.5.6.1.2 Brazil Diesel Genset Market by Application
10.5.6.1.3 Brazil Diesel Genset Market by End User
10.5.6.2 Argentina Diesel Genset Market
10.5.6.2.1 Argentina Diesel Genset Market by Power Rating
10.5.6.2.2 Argentina Diesel Genset Market by Application
10.5.6.2.3 Argentina Diesel Genset Market by End User
10.5.6.3 Rest of South and Central America Diesel Genset Market
10.5.6.3.1 Rest of South and Central America Diesel Genset Market by Power Rating
10.5.6.3.2 Rest of South and Central America Diesel Genset Market by Application
10.5.6.3.3 Rest of South and Central America Diesel Genset Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. DIESEL GENSET MARKET, KEY COMPANY PROFILES
12.1. ATLAS COPCO AB
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. CATERPILLAR INC.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CUMMINS INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DENYO CO., LTD.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. GENERAC POWER SYSTEMS, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. GENERAL ELECTRIC COMPANY
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. HIMOINSA S.L. (YANMAR CO., LTD.)
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. INGERSOLL-RAND INC.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SIEMENS AG
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. WACKER NEUSON SE
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Atlas Copco AB2. Caterpillar Inc.3. Cummins Inc.4. Denyo Co., Ltd.5. Generac Power Systems, Inc.6. General Electric Company7. HIMOINSA S.L. (Yanmar Co., Ltd.)8. Ingersoll-Rand Inc.9. Siemens AG10. Wacker Neuson SE
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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