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Asia Pacific Commercial Diesel Gensets Market Trends

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

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Asia Pacific Commercial Diesel Gensets Market Trends

The growing need for standby applications including healthcare, telecommunications, and data centers, coupled with favorable governmental regulations and emissions standards, will energize the product deployment across the region. Moreover, the incorporation of IoT and digitalization technologies into diesel gensets, enabling remote monitoring and optimization, has bolstered the expansion of the industry.

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.