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Asia Pacific Commercial Diesel Gensets Market Analysis

  • Report ID: GMI8902
  • Published Date: Apr 2024
  • Report Format: PDF

Asia Pacific Commercial Diesel Gensets Market Analysis

The > 50 kVA - 125 kVA rated commercial gensets market is likely to reach over USD 2.5 billion by 2032. The escalating dependence on digital technologies and delicate electronic devices has heightened the necessity for consistent and reliable power provision, thus spurring the requirement for these units. Additionally, escalating investments aimed at expanding telecommunication networks to wider coverage and accommodating elevated usage demands underscores the drive toward embracing dependable backup power solutions, accelerating the industry potential.
 

Asia Pacific Commercial Diesel Gensets Market Revenue Share, By End Use, 2023

The data centers commercial generator sets market is projected to achieve 7% CAGR through 2032, on account of the growing need for reliable power sources, ensuring continuity during grid outages or disruptions, which in turn will stimulate the product deployment. Increasing initiatives by government authorities and private entities to address energy security challenges and minimize the impact of power interruptions in critical operations will invigorate the industry's prospects. In addition, the growth of data center infrastructure, including the construction of new facilities and the expansion of existing ones will drive the product penetration.
 

China Commercial Diesel Gensets Market Size, 2022 - 2032 (USD Billion)

The China commercial diesel gensets market valuation to exceed over USD 7.5 billion by 2032, driven by the continuous expansion of hospitals, commercial building, and data centers, driving the industry outlook. Additionally, government initiatives aimed at improving energy efficiency, reducing emissions, and enhancing energy security influence will positively sway the adoption of diesel gensets across the country.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The Asia Pacific market for commercial diesel gensets was worth USD 7.4 billion in 2023 and will expand at about 8% CAGR during 2024 and 2032, due to region's rapid industrialization and urbanization and the need for uninterrupted power supply in emerging economies.

The data centers commercial generator sets market will secure 7% CAGR through 2032, attributed to the region's rapid expansion of data center facilities, increasing demand for uninterrupted power supply, and reliance on diesel gensets for backup power.

China commercial diesel gensets industry will record USD 7.5 billion by 2032, driven by the country's booming industrial sector, rapid urbanization, and increasing demand for reliable power backup solutions.

Key manufacturers operating in commercial diesel gensets across Asia Pacific are FG Wilson, Generac Power Systems, Inc., HIMOINSA, J C Bamford Excavators Ltd., Kirloskar, Kohler Co., Mahindra Powerol, Mitsubishi Heavy Industries Ltd., Powerica Limited, Rolls-Royce Plc, Sudhir Power Ltd., Supernova Genset among others.

Asia Pacific Commercial Diesel Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 460
  • Countries covered: 12
  • Pages: 225
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