Diesel Gensets Market (By Power Rating: <75 kVA, 75-375 kVA, 375-750 kVA, >750 kVA; By End-Use: Residential, Commercial, Industrial; By Application: Standby, Peak Shaving, Prime/Continuous) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Introduction

The diesel gensets is the mixture of an electric generator and diesel engine in order to produce electrical energy. This is an explicit case of engine initiator. A diesel density ignition mechanism is generally considered to run on diesel fuel, but a few types are used for other natural gas or liquid fuels. Diesel gensets are utilized in spots without association with a power lattice, or as crisis control supply if the framework bombs, just as for increasingly complex applications, for example, crest hacking, grid support and fare to the power grid. The report provides analysis of global diesel gensets market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global diesel gensets market is expected to grow at significant CAGR around 6% throughout the forecast period.

Market Dynamics

Expanding demand for reliable and consistent power supply, rising consumer consciousness toward emergency backup power solutions, growing urbanization, increasing large infrastructures and commercial centres and favourable government initiatives are some of the primary factors that are boosting the diesel gensets market growth globally. In order to increase productivity and efficiency of an engine the implementation of automotive emission regulations is increasing rapidly, thereby boosting the growth of the global diesel gensets market. Automotive emission regulation is the fundamental factor that is fuelling the introduction of low-emission and cleaner vehicles amongst automakers. Expanding demand for reliable and consistent power supply and ever-increasing usage of crucial electronic load are some of the factors driving the overall market growth. Additionally, rising consumer consciousness toward emergency backup power solutions and intensity of grid disruptions are anticipated to boost the overall market in near future. Continuous investments toward expansion of commercial centers all along with rising urbanization are expected to spur the growth of commercial diesel gensets market. Additionally, due to the increasing number of internet users the development of data centers is increasing rapidly across the world and this factor is expected to further boost the market growth. Growing urbanization across various emerging countries and government initiatives are positively influencing the growth of the global diesel gensets market. Continuous development of commercial, industrial, retail and residential infrastructures is helping the overall market growth globally. Rapidly increasing telecom sector, frequent power failures across various countries and fast industrial growth are some of the factors responsible for the growth of the regional diesel gensets market. Continuous infrastructure development, population growth and rapid industrialization in emerging countries are helping the growth of the overall diesel gensets market across the globe.

Market Segmentation

Diesel Gensets Market, By Power Rating:

• <75 kVA
• 75-375 kVA
• 375-750 kVA
• >750 kVA

Diesel Gensets Market, By End-Use:

• Residential
• Commercial
• Industrial

Diesel Gensets Market, By Application:

• Standby
• Peak Shaving
• Prime/Continuous

Global Diesel Gensets Market, by Geography

• North America
• U.S.
• Canada
• Mexico

• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• Rest of Asia-Pacific
• Latin America
• Brazil
• Chile
• Rest of Latin America

• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• Rest of MEA

The market research study on “Diesel Gensets Market (By Power Rating: <75 kVA, 75-375 kVA, 375-750 kVA, >750 kVA; By End-Use: Residential, Commercial, Industrial; By Application: Standby, Peak Shaving, Prime/Continuous) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026” offers a detailed insights on global diesel gensets market segments with market dynamics and their impact. The report provides insights on global Diesel gensets market by power rating, end use, application and major geographic regions. The report also covers basic technology development policies.

Market Participants

The global diesel gensets market is characterized by the presence of experienced and established players. Some of the key players include Mitsubishi Heavy Industries, Ltd., Wacker Neuson SE, Burtonwood Generator & Switchgear Services Ltd., Atlas Copco AB, Wartsila Corporation, APR Energy PLC, Kirloskar Electric Co., Ltd. and Generac Power Holdings, Inc.