Diesel Generator Global Market – Overview
Diesel generators are predominantly used in industrial applications, owing to their extreme reliability and comparatively low use of fuel when compared to gasoline generators. Diesel generators are mainly used as backup power source in case of an unexpected power outage. Continuous power supply enables industrial and commercial organizations to work without any loss in productivity. Diesel generators also ensure safe and reliable emergency power for critical services such as hospitals and data centers. The Diesel Generators Market is expected to grow over the CAGR of around 5% during the period 2017 to 2023
Diesel generators are classified based on their portability types such as stationary and portable type generators. Portable diesel generators are used in small industrial and commercial applications whereas stationary diesel generators are used for high power applications such as power generation and industries. Also, by operations type, they are operated as a source of standby power, peak shavings application and as a source as continuous power supply. Diesel generators vary by their operating power rating such as 0-100 kVA, 350 kVA, and 350-1000 kVA and above 1000 kVA..
The market has been analyzed based on portability types, operations types, power ratings, end users and regions. On the basis of end users, the industrial segment is expected to dominate the market for diesel generators. Diesel generators enable the manufacturing industries to continue operations even during the power outage.. Hospitals and other critical care services such as data centers and public services must have reliable power for their operations.
Standby applications market is growing at the highest rate in the diesel generators market from 2017-2023
Diesel generators such as standby electrical systems operate automatically when there is an unexpected power outage. For residential homes and other domestic purposes, low capacity single phase generators are available while for commercial use, three phase generators are available and are used the most. Also, in places where the electrical power is not available, diesel generators act as alternative power solutions. Furthermore, in countries such as UK they are used to provide power for peak power consumption times. This is mainly due to their immediate startup time and ready availability of fuel.
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The key players of global diesel generator markets are
- Caterpillar Inc. (U.S.),
- Cummins Inc.(U.S.),
- Kohler Co.(U.S),
- Mitsubishi Heavy Industries, Ltd. (Japan),
- Kirloskar Group (India),
- Briggs & Stratton (U.S),
- Wärtsilä (Finland),
- AKSA Power Generation (Turkey)
- Yanmar Co., Ltd. (Japan)
Diesel Generators play an important role in supporting hospitals with the required power supply to keep life support machines and other necessary healthcare tools working in order to sustain human life during the times of crisis and in times of general healthcare needs. When the power is out, a hospital almost always uses a Diesel generator to make sure that everything remains on and running. The need for Diesel generators in the healthcare market is one of absolute importance. Whether it is a storm or a general blackout, people need to be assured that the hospital will be able to sustain power, and get it from an alternative source.
Diesel Generator Global Market – Regional Analysis
The diesel generators market is driven by the need of reliable alternate power supply at low operating and fuel costs. Frequent outages cause many emergency, industrial and commercial establishments to depend on reliable backup systems that is provided by Diesel Generators. The Asia-Pacific region is the leading market for diesel generators market and it is closely followed by Middle East and Africa market. The rapid industrial development in the countries such as India and China where there are issues with continuous reliable power, is driving the market for diesel generators. The North America and Europe market is expected to witness decline due to the restraints in emission from diesel engines.
Table Of Contents
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Diesel Generators Market, By Portability Type
4.2 Stationary Generators
4.3 Portable Generators
5 Global Diesel Generators Market, By Operations Type
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List of Figures
Figure 1 Research Operations Type
Figure 2 Global Diesel Generators Market: By Type (%)
Figure 3 Global Diesel Generators Market: By Operations Type (%)
Figure 4 Global Diesel Generators Market: By Application (%)
Figure 5 Global Diesel Generators Market: By Region
Figure 6 North America Diesel Generators Market, By Type (%)
Figure 7 North America Diesel Generators Market, By Operations Type (%)
Figure 8 North America Diesel Generators Market, By Application (%)
Figure 9 Europe Diesel Generators Market, By Type (%)
Figure 10 Europe Diesel Generators Market, By Operations Type (%)
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