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Asia Pacific Diesel Gensets Market Analysis

  • Report ID: GMI10916
  • Published Date: Aug 2024
  • Report Format: PDF

Asia Pacific Diesel Gensets Market Analysis

The standby diesel generator industry will cross over USD 14 billion by 2032. The growing cloud computing industry along with surge in digital transformation will foster the demand for these gensets in data centers. The rising severity of weather-related outages and the increasing strain on utility power supplies coupled with growing consumer awareness of backup power solutions will lead to a broader adoption of these gensets among various end users. The persistent demand to increase generation capacities to meet the growing needs of the commercial sector has further reinforced the utilization of these products.
 

Asia Pacific Diesel Gensets Market Revenue Share, By End Use, 2023

The industrial diesel generator market size will showcase about 7% CAGR through 2032. Rising manufacturing activities and the establishment of new industrial plants will contribute to the growing demand for these generators in industrial application. The availability of fuel along with low maintenance costs make these generators more cost-effective and efficient solutions for power generation, particularly in nations with high electricity costs or unstable grid supplies.
 

 China Diesel Gensets Market Size, 2022 - 2032 (USD Billion)

The China diesel generator market is set to surpass USD 12 billion by 2032. The ongoing refurbishment and upgrade of outdated electrical infrastructure across the country will increase the installation of these generators to improve power reliability and efficiency. The integration of generators with solar and wind renewable energy sources, will help stabilize power supply and manage intermittent energy production, driving their adoption in hybrid systems. Additionally, the rising adoption of gensets in the healthcare, construction, and telecom sectors is boosting the product demand.
 

The Japan diesel gensets market is experiencing several notable trends reflecting the evolving needs and technological advancements within the industry. This shift is driven by government commitment to reducing carbon emissions and promoting renewable energy which will further foster the industry dynamic. Moreover, the demand for compact and portable gensets is rising particularly in urban areas and construction sites, where space and mobility are key considerations, accelerating the business potential.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

Asia Pacific market for diesel gensets was worth over USD 18.6 billion in 2023 and will expand at 7.3% CAGR through 2032, driven by increased power outages and infrastructure development necessitating reliable power sources.

APAC standby diesel generator market will exceed USD 14 billion by 2032, bolstered by the expanding cloud computing sector and the rise in digital transformation.

China diesel generator market will surpass USD 12 billion by 2032, catapulted by the efforts to refurbish and upgrade outdated electrical infrastructure, enhancing power reliability and efficiency.

Aggreko, Ashok Leyland, Atlas Copco AB, Caterpillar, Cummins, Inc., Generac Power Systems, Inc., HIMOINSA, J C Bamford Excavators Ltd., Kirloskar, Kohler Co., Mahindra POWEROL, Mitsubishi Heavy Industries, Ltd., Powerica Limited, Rolls-Royce plc, Shenzhen Genor Power Equipment Co., Ltd., Siemens, Sudhir Power Ltd., Supernova Genset, Wärtsilä, and Yamaha Motor Co., Ltd.

Asia Pacific Diesel Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 10
  • Countries covered: 10
  • Pages: 125
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