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Europe Diesel Gensets Market Share
The manufacturers operating in the diesel gensets industry are adopting several key strategies to enhance their competitive edge and meet the growing demand for reliable power solutions. One of the primary strategies is product innovation, where companies focus on improving the efficiency, durability, and fuel economy of their generators to meet the evolving needs of various industries. Additionally, manufacturers are investing in the development of more environmentally friendly gensets by incorporating advanced emissions control technologies to comply with stringent regulatory standards.
Europe Diesel Gensets Market Companies
Major players operating in the Europe diesel gensets industry are:
- Ashok Leyland
- Atlas Copco AB
- Caterpillar
- Cummins
- FG Wilson
- Generac Power Systems
- HIMOINSA
- J C Bamford Excavators
- Rehlko
- MAN Energy Solutions
- Mikano International
- Mitsubishi Heavy Industries
- Mitsui E&S Holdings
- Prakash
- Rolls-Royce
- Siemens
- Wärtsilä
- Yamaha Motor
Why is the ≤ 50 kVA diesel gensets market growing?
The ≤ 50 kVA diesel gensets market is expected to surpass USD 1.2 billion by 2034, fueled by rising consumer preference for compact and affordable power solutions, along with increasing electricity failures and demand for uninterrupted power.
How big is the Europe diesel gensets market?
The Europe diesel gensets market was valued at USD 4 billion in 2024 and is projected to grow at a 6.6% CAGR from 2025 to 2034, driven by significant investments in the real estate sector and a thriving residential market.
What is the growth outlook for the prime power diesel gensets market?
The prime power diesel gensets market is anticipated to grow at a CAGR of over 6% through 2034, supported by rapid industrialization, manufacturing facility expansion, and the need for reliable power in areas with unstable grid access.
Who are the major players in the Europe diesel gensets market?
Key players in the Europe diesel gensets market include Ashok Leyland, Atlas Copco AB, Caterpillar, Cummins, FG Wilson, Generac Power Systems, HIMOINSA, J C Bamford Excavators, Rehlko, MAN Energy Solutions, Mikano International, Mitsubishi Heavy Industries, Mitsui E&S Holdings, Prakash, Rolls-Royce, Siemens, Wärtsilä, and Yamaha Motor.
What trends are influencing the Germany diesel gensets market growth?
The Germany diesel gensets market is set to exceed USD 1 billion by 2034, led by concerns over power reliability in residential applications and the growing demand for dependable backup power in data centers.