Home > Energy & Power > Electrical Equipment > Generator Sets > Asia Pacific Commercial Diesel Gensets Market

Asia Pacific Commercial Diesel Gensets Market Size

Report ID: GMI8902
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Asia Pacific Commercial Diesel Gensets Market Size

Asia Pacific Commercial Diesel Gensets Market was valued at USD 7.4 billion in 2023 and is anticipated to grow at a CAGR of 8% from 2024 to 2032. The rapid urbanization in emerging economies coupled with rising investments by both public and private entities in the telecom sector, has driven the need for dependable backup power solutions.

Asia Pacific Commercial Diesel Gensets Market

To get key market trends

Download Free Sample

The diesel gensets market is poised for substantial growth owing to the implementation of strict environmental regulations favouring sustainable energy sources for power generation. Rapid industrialization in line with stringent regulations pertaining to grid reliability, emissions standards, and environmental sustainability will fuel the industry growth. Moreover, continuous technological advancements coupled with increasing demand across remote telecommunication towers and healthcare sectors will proliferate the business scenario.

Asia Pacific Commercial Diesel Gensets Market Report Attributes
Report Attribute	Details
Base Year:	2023
Asia Pacific Commercial Diesel Gensets Market Size in 2023:	USD 7.4 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	8%
2032 Value Projection:	USD 14.9 Billion
Historical Data for:	2019 - 2023
No. of Pages:	225
Tables, Charts & Figures:	460
Segments covered:	Power Rating, End-Use, Application, and Country
Growth Drivers:	Flourishing construction sector Ongoing emphasis on digitalization and expansion of telecom sector Increasing investments across commercial sector
Pitfalls & Challenges:	High overall product cost

Learn more about the key segments shaping this market

Download Free Sample

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The Asia Pacific market for commercial diesel gensets was worth USD 7.4 billion in 2023 and will expand at about 8% CAGR during 2024 and 2032, due to region's rapid industrialization and urbanization and the need for uninterrupted power supply in emerging economies.

The data centers commercial generator sets market will secure 7% CAGR through 2032, attributed to the region's rapid expansion of data center facilities, increasing demand for uninterrupted power supply, and reliance on diesel gensets for backup power.

China commercial diesel gensets industry will record USD 7.5 billion by 2032, driven by the country's booming industrial sector, rapid urbanization, and increasing demand for reliable power backup solutions.

Key manufacturers operating in commercial diesel gensets across Asia Pacific are FG Wilson, Generac Power Systems, Inc., HIMOINSA, J C Bamford Excavators Ltd., Kirloskar, Kohler Co., Mahindra Powerol, Mitsubishi Heavy Industries Ltd., Powerica Limited, Rolls-Royce Plc, Sudhir Power Ltd., Supernova Genset among others.