PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807103
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1807103
Commercial Diesel Gensets Market Introduction and Overview
According to SPER market research, 'Global Commercial Diesel Gensets Market Size- By Power Rating, By End User, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Commercial Diesel Gensets Market is predicted to reach 26.86 billion by 2034 with a CAGR of 8.52%.
Power generation equipment called diesel generator sets, sometimes referred to as commercial diesel gensets, are used to provide energy in commercial buildings such as hotels, shopping centers, data centers, telecom towers, and office buildings. Through the use of an alternator and diesel engine, these devices convert diesel fuel into electrical energy. Although they can serve as prime or continuous power solutions in places with inconsistent or non-existent grid connectivity, their main function is to supply standby or backup power in the event of grid outages.
Restraints: The industry's battle with progressively stringent environmental regulations has made genset building more complicated and costly, requiring significant expenditures on emission-control technologies to comply with evolving regulations. Fuel price fluctuations and diesel supply problems further impinge on end users' operating budgets, thereby forcing them to switch to alternative energy sources. Generators powered by natural gas, renewable energy, and hybrid are becoming more and more competitive as cleaner, less expensive, and less polluting options gain traction.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Power Rating, By End User, By Application
Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered Aggreko, Ashok Leyland, Atlas Copco, Caterpillar, Cummins, Deere & Company, FG Wilson, Generac Power Systems, HIMOINSA, Huu Toan.
Global Commercial Diesel Gensets Market Segmentation:
By Power Rating: Based on the Power Rating, Global Commercial Diesel Gensets Market is segmented as; ≤ 50 kVA, > 50 kVA - 125 kVA, > 125 kVA - 200 kVA, > 200 kVA - 330 kVA, > 330 kVA - 750 kVA, > 750 kVA.
By End User: Based on the End User, Global Commercial Diesel Gensets Market is segmented as; Telecom, Healthcare, Data Centers, Educational Institutions, Government Centers, Hospitality, Retail Sales, Real Estate, Commercial Complex, Infrastructure, Others.
By Application: Based on the Application, Global Commercial Diesel Gensets Market is segmented as; Standby, Peak Shaving, Prime/Continuous.
By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.