The global diesel gensets market is slated to register substantial gains by the year 2027. The market trends will be majorly driven by the increasing demand for reliable and uninterrupted power supply. Today, diesel gensets, or diesel generator sets, are among the most reliable solution for temporary or mobile power on account of their scalable, versatile, and weather independent operations.

Most of these systems utilize the same four stroke cycle as petrol based systems. However, many modern diesel gensets use direct injection fuel delivery systems which can be closely monitored and controlled with the use of computerized engine management systems.

Due to the rise in urbanization, industrial development, and commercial expansion, the need for continuous and reliable power across residential areas, manufacturing and industrial plants, agricultural lands, mining and construction sites has increased considerably. Since grid power alone would not be sufficient to meet these demands, power generated from diesel gensets could be highly beneficial.

Standby power is a huge investment for many small and medium sized enterprises today. As a result, it is important to select a reliable and efficient system that meets the budget and fits the most compact space available.

Diesel genset manufacturers are constantly focusing on developing new systems with improved efficiency and performance in anticipation of an increasing technology demand. Citing an instance, in June 2020, Caterpillar Inc. had expanded its lineup of power solutions with the introduction of the new Cat C18 diesel genset.

The new diesel genset with improved power density is designed to meet the latest NFPA power restoration requirements for Level 1 systems and can accept 100% block load in a single step. The company also rolled out three new power nodes for its Cat C18 diesel genset that help reduce the floor space required and deliver superior power density.

Geographically, Russia accounted for more than 17% or Europe diesel gensets industry in terms of revenue during 2020 and is likely to witness robust growth over 2021-2027. Meanwhile, the demand for diesel gensets in the Middle East region is expected to grow at a rapid pace. Between 2017 and 2020, the adoption of diesel gensets in industrial applications in UAE alone increased at a CAGR of about 3.5%.

Further elaborating on the regional landscape, the market for diesel gensets in Latin America will witness notable growth by 2027 led by increasing deployment in hospitality and catering applications. The demand for these systems across commercial establishment such as hospitals is also increasing steadily which will further complement the regional outlook.