Lack of network infrastructure in remote locations and growing industrialization in the countries with a diesel Read more about this report - The report offers valuation and analysis of Diesel Generator market on a global as well as regional level. million by 2030. According to Mega Development Goals (MDG), the African countries aim to develop megacities to accommodate the increase in the working-age population, which would boost the demand for diesel Gensets in the country. The Africa diesel generator market size was valued at USD 5.35 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.7% from 2021 to 2028. The global diesel generator market reached a value of US$ 15.57 Billion in 2021. 4. by 2030. Diesel generator is a device that converts chemical energy into electrical energy with the help of devices such as diesel engine and electric generator. Market Overview. The Vietnam diesel generator set market size stood at around $109 million approx. This diesel generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global diesel generator market size was accounted for USD 12.65 billion, in 2014. The Japanese diesel generator set market size stood at $1,120 million approx. million by 2030. The U.S. generator sales market size was USD 4.68 billion in 2020. Diesel Generator Market Size (2022-2027): The Global Diesel Generator Market is predicted to grow from around USD 13.53 billion in 2021 a nd is projected to reach the valuation of USD 16.90 billion in 2027, with a current CAGR of 5.9% during the forecast period 2022-2027. In Southeast Asia, Vietnam is rapidly becoming one of the important genset markets. The global diesel generator market size is expected to grow from $16.93 billion in 2021 to $18.09 billion in 2022 at a compound annual growth rate (CAGR) of 6.82%. Portable Generator Market By Application (Emergency, Prime/Continuous), By Fuel (Gasoline (Petrol), Diesel, Natural Gas, Others (LPG, Propane, and Biodiesel)), By Power Rating (Below 5 kW,510 kW,1020 kW), By End User (Residential, Commercial, Industrial), and By Region - Global Industry Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast 2022 2028 The global portable generator market size was valued at USD 3.7 billion in 2018 and is expected to register a CAGR of 5.2% from 2019 to 2025. Portable generators are designed to provide alternating current (AC-based) for non-hardwired and standalone applications. The market growth is supported by the augmenting requirement for uninterrupted and reliable power supply and the rising instances of power outages in the country. The United States diesel generator market is expected to rise at a CAGR of approximately 3.7% during the forecast period of 2020-2025. in 2021, and it will grow at a CAGR of 5.5% during 20212030, to reach $1,816 approx. The stationary segment dominated the market in 2021, as generally, portable generatorsrun on other fuels such as natural gas, liquid pro The national impact of COVID-19 has been unmatched and staggering, with generator sales witnessing a negative demand across the region amid the pandemic. The global diesel generator market size was valued at $20.8 billion in 2019, and is expected to reach $37.1 billion by 2027, registering a CAGR of 9.8% from 2020 to 2027. Datacenter had experienced a high growth rate owing to an increase in momentum towards digitalization in The Japanese diesel generator set market size stood at $1,120 million approx. The Residential Diesel Generator market is valued at $3.01 Billion in 2018 and is estimated to grow at a CAGR of XX% over the forecast period to reach US$ XX Billion by 2026. Diesel Generator Market Size (US$ Mn) and Y-o-Y Growth 4.5.2. The U.S. diesel genset market size stood at $2,175.6 million in 2021, and it is expected to rise at a growth rate of 4.1% during 20212030. Growing demand from the industrial, residential, and commercial sectors is projected to fuel the market growth. Diesel Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 The global diesel generator market reached a value of US$ 15.57 Billion in 2021. Factors such as increasing energy demand for several operations in remote areas such as construction and healthcare. Diesel Generator: Global Market Analysis by Segments 4.1 Global Diesel Generator Market Forecast, by Capacity 2019-2029 4.1.1 Capacity Overview 4.1.2 Less Than 75 kVA Market, 2019-2029 4.1.3 Between 75 to 375 kVA Market, 2019-2029 4.1.4 More Than 375 kVA Market, 2019-2029. Market Overview The U.S. diesel genset market size stood at $2,175.6 million in 2021, and it is expected to rise at a growth rate of 4.1% during 20212030. Diesel Generator Sets collection and base year analysis is done using Diesel Generator Sets modules with large sample sizes. The market data is analysed and estimated using Diesel Generator Sets market statistical and logical methods. Also market share analysis and key trend analysis are the major success factors in the market report. The global diesel gensets industry size was over USD 25 billion in 2020 and will reach installations of over 3,000 thousand units by 2027. Why is there an increasing demand for <50 kVA capacity diesel gensets? The market growth is supported by the augmenting requirement for uninterrupted and reliable power supply and the rising instances of power outages in the country. Diesel Generator Market size was valued at USD 16.45 Billion in 2020 and is projected to reach USD 24.81 Billion by 2028, growing at a CAGR of 5.28% from 2021 to 2028. The growth driver of the global Diesel Generator is increasing production activities such as industrial infrastructure which leads to enhancing the market globally. The Standby Power Diesel Generator market segment held 66.17% of the global diesel generator market in 2018 and is expected to increase by XX% by 2026. in 2021, and it will grow at a CAGR of 5.5% during 20212030, to reach $1,816 approx. in 2021, and it will grow at a CAGR of 3.6% during 20212030, to reach $150 million approx. Increasing business downtime across the globe, owing to rise in weather-related Diesel Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 The global diesel generator market reached a value of US$ 15.57 Billion in 2021. Diesel Generator Market Size (000 Units) and Y-o-Y Growth 4.5.3. is projected to expand at a CAGR of over 5.1% from 2021 to 2027. The global Diesel Generators Market is expected to register a steady growth rate until the end of 2030 owing to a rise in demand for continuous power supply and the cost efficiency of diesel generators. It is projected to ascend with a CAGR of 6.8% over the estimated duration. The global Diesel Generator market is set to record a CAGR of nearly 1.8% over 2020-2026. The Europe diesel generator market is expected to grow at a CAGR of more than 2.07% over the period of 2020-2025. Looking forward, the publisher expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 6.04% during 2021-2027. Looking forward, IMARC Group expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. 4.2 Global Diesel Generator Market Forecast, by Application 2019-2029 The report titled "Diesel Generator Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast - 2019 - 2025" offers overview of the Diesel Generator industry covering market definitions, product classifications, and key vendors in the industry chain structure. According to 6Wresearch, the Africa diesel generator market size is projected to grow at a CAGR of 4.6% during 2017-23. The global diesel generator market attained a value of about USD 19.16 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 8.10% to reach nearly USD 30.58 billion by 2027. Portable Units are Poised to Grow at a Considerable CAGR during Forecast Timeframe Based on portability, the industry is split into portable and stationary. Looking forward, IMARC Group expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. Diesel Generator Market size is estimated to cross USD 30.81 billion by 2030 and register a CAGR of 8.70% during the forecast period. $30.81 billion. Diesel Generator Market Size, Share & COVID-19 Impact Analysis, By Power Rating (Below 75 kVA, 75-375 kVA, 375-750 kVA, Above 750 kVA), By Portability (Stationary, Portable), By Application (Continuous Load, Peak Load, Stand By Load), By End User (Mining, Oil & Gas, Construction, Residential, Marine, Manufacturing, Pharmaceuticals, Commercial, Telecom, Portable generators are designed to provide alternating current (AC-based) for non-hardwired and standalone applications. The global diesel generator market reached a value of US$ 15.57 Billion in 2021. Diesel Generator Market Absolute $ Opportunity 5. The Mexico Diesel Generator Market is projected to grow at a CAGR of around 4% during the forecast period, i.e., 2021-26. The Global Diesel Generator Market is valued at $17.39 Billion in 2018 and is expected to grow at a CAGR of 6.50% over the forecast period of 2022-2029. A continuous power supply is the baseload electricity required to run a predefined set of electrical equipment. The global portable generator market size was valued at USD 3.9 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 5.2% from 2020 to 2025. The Diesel Generator Market is segmented by Capacity (Less Than 75 kVA, Between 75 and 375 kVA, and More Than 375 kVA), End User (Residential, Commercial, and Industrial), Application (Standby Backup Power, Prime Power, and Peak Shaving Power), and Geography (North America, South America, Europe, Middle-East and Africa, and Asia-Pacific). Looking forward, IMARC Group expects the market to reach a value of US$ 22.14 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027. A diesel generator is a combination of a diesel motor with an electric generator (regularly an alternator) to produce electrical energy.
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