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Diesel Prime Power Generators Market Trends

Report ID: GMI11093
Published Date: Aug 2024
Report Format: PDF

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Diesel Prime Power Generators Market Trends

The industrial sector encompassing data centers, manufacturing plants and construction sites is set to drive the business growth. A rising focus on fuel efficiency is encouraging the adoption of hybrid power systems which offer greater reliability and flexibility in power generation. The increasing frequency of natural disasters, power outages, and growing demand for backup power sources will enhance the generator sets market. The product offers key advantages comprising of improved fuel efficiency, advanced control systems, remote monitoring capabilities and enhanced automation features, further stimulating the product penetration.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of diesel prime power generators was worth over USD 13.5 billion and is estimated to grow at a rate of 8% during 2024- 2032, driven by ongoing rapid industrialization coupled with the continuous growth of small and medium-sized industries.

The > 125 kVA - 200 kVA rated diesel prime power generators segment will exceed USD 3.5 billion by 2032, driven by significant investments in the construction sector and infrastructure projects.

Asia Pacific diesel prime power generators market will cross USD 15 billion by 2032, driven by the rising demand for dependable power infrastructure.

Caterpillar, Deere & Company, Generac Power Systems, Inc, HIMOINSA, Kirloskar, Kohler Co, Mahindra POWEROL among others.