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Asia Pacific Diesel Fired Construction Generator Sets Market Trends

Report ID: GMI11816
Published Date: Oct 2024
Report Format: PDF

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Asia Pacific Diesel Fired Construction Generator Sets Market Trends

The industry is poised for significant growth driven by stringent government regulations and a surge in infrastructure projects. Ongoing construction of critical facilities comprising of dams, roads, airports, and bridges along with an increasing reliance on efficient & reliable power solution for operational management will encourage the business potential. In addition, the susceptibility of construction sites to natural disasters including earthquakes, storms, and hurricanes will further stimulate the demand for generator sets.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The Asia Pacific market for diesel-fired construction generator sets was reached USD 3 million in 2023 and is projected to grow at a CAGR of 8.3% from 2024 to 2032, driven by increasing urbanization, infrastructure development, and the rising need for dependable power generation.

The segment of generator sets rated at > 750 kVA is expected to see significant growth, surpassing USD 1.5 billion by 2032. These generator sets are designed for large-scale projects that require substantial power to maintain critical operations during outages.

The standby diesel construction generator market is expected to grow at a CAGR of 8.5% by 2032, propelled by ongoing private and public investments in engine technology advancements like turbocharging and electronic fuel injection.

China diesel-fired construction generator sets industry is projected to exceed USD 2.5 billion by 2032, fueled by substantial investments in construction projects such as roads, bridges, and industrial facilities, which are driving the demand for reliable power generation solutions.

Major players in the Asia Pacific diesel-fired construction generator sets market include Aggreko, Ashok Leyland, Atlas Copco, Cummins, Caterpillar, FG Wilson, Greaves Cotton, Generac Power Systems, Himoinsa, J C Bamford Excavators, Kirloskar, Kohler, Mitsubishi Heavy Industries, Mahindra Powerol, Powerica, Sterling Generators, Supernova Genset, Sudhir Power, Wartsila, and Yamaha Motor.