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Diesel Fired Construction Generator Sets Market Trends

Report ID: GMI10430
Published Date: Jul 2024
Report Format: PDF

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Diesel Fired Construction Generator Sets Market Trends

The industry is set to propel substantial growth owing to strict government norms and a surge in infrastructure projects. Ongoing construction activities comprising of critical facilities, dams, airports, roads, and bridges combined with increasing reliance on consistent power units to manage operations will influence the demand for these systems. Additionally, vulnerability of construction sites to natural disasters comprising of earthquakes, hurricanes, and storms, thereby stimulating the deployment for generator sets.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

Diesel fired construction generator sets market size was USD 4.7 billion in 2023 and is expected to register 8.4% CAGR from 2024-2032 owing to the increasing urbanization and infrastructure development initiatives along with rising need demand for dependable power generation worldwide.

Diesel fired construction generator sets industry from the > 750 kVA segment is expected to reach over USD 2.5 billion by 2032 due to being specifically designed for large-scale construction activities that require substantial power to maintain critical activities during outages.

Asia Pacific diesel fired construction generator sets industry is expected to reach over USD 6 billion by 2032 due to significant investment in construction projects comprising of roads, bridges, and industrial facilities in the region.

Aggreko, Greaves Cotton Limited, HIMOINSA, J C Bamford Excavators Ltd., Kirloskar, Kohler Co., Mahindra Powerol, Mitsubishi Heavy Industries Ltd., Rolls-Royce plc, Sterling Generators Pvt. Ltd., and Wärtsilä, are some of the major diesel fired construction generator sets companies worldwide.