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Diesel Gensets Market Size
- Report ID: GMI3114
- Published Date: Jul 2024
- Report Format: PDF
Diesel Gensets Market Size
Diesel Gensets Market was valued at USD 33.4 billion in 2023 and is anticipated to grow at a CAGR of 7.4% from 2024 to 2032. The growing focus toward adoption of highly efficient & reliable power source in line with continuous innovation to enhance fuel efficiency, emission control, and noise reduction will escalate the industry outlook. Ongoing integration of control systems and advanced monitoring units coupled with rapid industrialization & infrastructure development including data centers, commercial complex or healthcare facilities will energize the business dynamics.
A diesel-fired telecom generator is a power generation system that combines a diesel engine to produce electricity. These units are widely used to provide backup or primary power in various applications. Ongoing incorporation of smart management systems which is an ideal solution for remote locations in association with continuous utilization of battery energy storage systems, thereby will stimulate the business growth. Surging technological capabilities including integration of digitization and IoT solutions which enable real time monitoring & maintenance, which in turn will propel the demand for these generator sets.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Diesel Gensets Market Size in 2023: | USD 33.4 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.4% |
| 2032 Value Projection: | USD 63.3 Billion |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 145 |
| Tables, Charts & Figures: | 50 |
| Segments covered: | Power Rating, End Use, Application, and Region |
| Growth Drivers: |
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Frequently Asked Questions (FAQ) :
Diesel Gensets Market Scope
