The global diesel generator market is anticipated to gain momentum from the rise in urbanization and industrialization. According to a report by Fortune Business Insights, titled, “Diesel Generator Market Size, Share and Global Trend by Portability (Stationary, Portable), by Power Rating (Up to 100kVA, 100kVA – 350kVA, 350kVA – 1000kVA, above 1000kVA), by Application (Standby Power, Peak Shaving, Prime/Continuous Power), by End-user (Industrial, Commercial, Residential, Utilities), and Geography Forecast till 2026,” industrial sectors, namely, marine, oil and gas exploration, mining, and railways require very high power while operating.
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Also, commercial building, hospitals, schools, and other similar commercial spaces use energy persistently. Diesel generators help during cut-off and peak loads to proceed and maintain the operations smoothly. This is one of the major reasons that is likely to contribute to the global diesel generator market growth.
Rapid Urbanization and Industrialization to Increase Demand for Diesel Generator Sets in Asia Pacific
Geographically, the global diesel generator market is divided into Asia Pacific, Latin America, the Middle East and Africa, Europe, and North America. Amongst these, there has been a rise in the exploration and production of shale gas in North America since the past few years which has boosted the demand for power backup devices. It has further resulted in the rise in demand for diesel generators in North America. The diesel generator market in Europe is anticipated to grow during the forthcoming years due to the upcoming commercial and infrastructural investments.
This has created a huge demand for diesel generators in the region as a constant supply of energy is required. Asia Pacific, on the other hand, has been facing a rapid growth of industrialization and urbanization day by day. This has also been impacting the diesel generator market sales in this region positively. In the Middle East and Africa, a persistent need for power supply in Nigeria and other countries, has led to the demands for diesel generators.
Mitsubishi, Caterpillar Inc., and Other Key Players Focus on Manufacturing High-End Products to Strengthen Position in the Market
Central Pollution Control Board (CPCB), had set a few strict guidelines regarding emission and noise levels for all the diesel manufacturers and users in May 2019. According to those guidelines, a manufacturer or user must take care of the permissible noise level of their diesel generator set. The standard noise level of about 75db must be considered before buying or selling the diesel generators. CPCB has also instructed to carry out routine maintenance checks of the diesel generators.
In January 2019, Mitsubishi Heavy Industries Engine & Turbocharger Ltd., a Group member of Mitsubishi Heavy Industries, Ltd., delivered two diesel generator sets at Intercontinental Shanghai Wonderland. It is a five-star hotel that was constructed on an abandoned quarry in Shanghai. Those two diesel generator sets will be used during emergency purposes to provide power backup. Previously, Caterpillar Inc., a machinery and construction company, based in the U.S., had unveiled their Dynamic Gas Blending dual-fuel technology in April 2018. It will be used as a factory installed option for diesel generators.
- Atlas Copco
- Cummins Inc.
- Mitsubishi Heavy Industries America, Inc.
- Briggs & Stratton
- Himoinsa Middle East
- Kohler Co.
- APR Energy
- Caterpillar Inc.
- Kirloskar Oil Engines Limited
- FG Wilson
- JCB Broadcrown
- Burtonwood Generator & Switchgear Services Ltd
Major Table of Content For Diesel Generator Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Diesel Generator Market Analysis, Insights and Forecast, 2014-2025
- North America Diesel Generator Market Analysis, Insights and Forecast, 2014- 2025
- Europe Diesel Generator Market Analysis, Insights and Forecast, 2014-2025
- Asia Pacific Diesel Generator Market Analysis, Insights and Forecast, 2014-2025
- The Middle East and Africa Diesel Generator Market Analysis, Insights and Forecast, 2014-2025
- Latin America Diesel Generator Market Analysis, Insights and Forecast, 2014-2025
- Competitive Landscape
- Company Profile
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