The global diesel generator market reached a value of US$ 15.57 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

A diesel generator (DG) is a machine that transforms chemical energy into electrical energy using a diesel engine (DE) and an electric generator. It can inject active and reactive powers simultaneously and is considered reliable, durable, cost-effective, hassle-free, and fuel-efficient. It is also sturdy and resilient, which allows a DG to withstand rigorous compression. As a result, it finds application as a primary source of energy production in power plants and as a backup in the industrial, residential, and commercial sectors across the globe.

Diesel Generator Market Trends:
The increasing requirement for an uninterrupted and reliable power supply represents one of the key factors driving the market. Moreover, DGs are employed in rural and remote places as they are easy to install and can either be used independently or in conjunction with other sources like solar power. They can also be utilized for offsetting the peaking power needs on the grid as they can quickly be turned on and off without increasing any lag time. In addition, DGs are used by tradespeople that need a portable generator for operating on work sites. Besides this, modern-day DGs can automatically transfer the source of power supply from the grid to the generator and vice versa during a power cut. They can also display warning messages for low fuel and other performance issues. This, coupled with the rising usage of DGs in shopping centers and supermarkets, is creating a positive outlook for the market. Furthermore, as power outages are unexpected and unpredictable, hospitals require generator backup to provide a fast start-up before any damage is caused by power failure. This, in turn, is catalyzing the demand for DGs worldwide.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global diesel generator market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on capacity, application, mobility and end user.

Breakup by Capacity:

0-100 kVA
100-350 kVA
350-1000 kVA
Above 1000 kVA

Breakup by Application:

Standby Backup Power
Prime Power
Peak Shaving Power

Breakup by Mobility:

Stationary
Portable

Breakup by End User:

Residential
Commercial
Industrial

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aksa Power Generation, Atlas Copco AB, Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kirloskar Electric Company Limited, Kohler Co., Mitsubishi Heavy Industries Ltd., MTU Onsite Energy (Rolls-Royce plc), Wartsila Corporation and Yanmar Co. Ltd.

Key questions answered in this report:
How has the global diesel generator market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global diesel generator market?
What are the key regional markets?
What is the breakup of the market based on the capacity?
What is the breakup of the market based on the application?
What is the breakup of the market based on the mobility?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global diesel generator market and who are the key players?
What is the degree of competition in the industry?