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Asia Pacific Diesel Gensets Market Size
- Report ID: GMI10916
- Published Date: Aug 2024
- Report Format: PDF
Asia Pacific Diesel Gensets Market Size
Asia Pacific Diesel Gensets Market was valued at USD 18.6 billion in 2023 and is estimated to grow at a rate of 7.3% by 2032. The rising frequency of power outages along with infrastructural development will require dependable power source, driving the demand for these gensets. The surge in frequency of weather-related disasters has significantly increased the need for these generators across various industries.
A diesel gensets is a combination of a diesel engine and an electric generator designed to generate electrical energy. These devices are used to provide backup power in the event of grid failure and in areas without access to a reliable electricity supply. They convert the chemical energy stored in diesel fuel into mechanical energy through combustion, which is then converted into electrical energy by the generator. Diesel generators are commonly used in various applications, including industrial, commercial, residential, and agricultural settings, their reliability, durability, and ability to provide continuous power for extended periods.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Asia Pacific Diesel Gensets Market Size in 2023: | USD 18.6 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.3% |
| 2032 Value Projection: | USD 35.5 Billion |
| Historical Data for: | 2021 to 2023 |
| No. of Pages: | 125 |
| Tables, Charts & Figures: | 10 |
| Segments covered: | Power Rating, End Use, Application & Country |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Asia Pacific Diesel Gensets Market Scope
