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Based on power rating, the > 50 kVA - 125 kVA rated diesel gensets accounted for over 17% market share in 2023. Growing reliance on digital technologies and sensitive electronic equipment in commercial settings has amplified the need for continuous and stable power supply, driving the demand for commercial diesel gensets in the > 50 kVA to 125 kVA range. Moreover, increasing investment to accommodate telecommunication networks to cover more areas and higher usage levels to fulfill the demand for reliable backup power solutions will drive the product adoption.
Based on end use, the data center market will witness around 37% growth rate through 2032. The increasing globalization of businesses and the need for low-latency connections are driving the expansion of data center networks across the key geographies. Growing demand for digital services, cloud computing, and IoT along with need for data storage and processing capabilities will strengthen the construction of more data centers globally.
Asia Pacific commercial diesel gensets market size is poised to reach USD 14.5 billion by 2032, owing to the continuous expansion of medium and small sized sectors. Furthermore, there is an increasing demand for decentralized power generation in remote or off-grid areas is propelling the use of diesel-powered generators. Stringent emission standards in along with innovation of cleaner burning diesel engines incorporating advanced emission control technologies will positively influence for these gensets.