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Commercial Diesel Gensets Market Analysis

  • Report ID: GMI8284
  • Published Date: Feb 2024
  • Report Format: PDF

Commercial Diesel Gensets Market Analysis

Based on power rating, the > 50 kVA - 125 kVA rated diesel gensets accounted for over 17% market share in 2023. Growing reliance on digital technologies and sensitive electronic equipment in commercial settings has amplified the need for continuous and stable power supply, driving the demand for commercial diesel gensets in the > 50 kVA to 125 kVA range. Moreover, increasing investment to accommodate telecommunication networks to cover more areas and higher usage levels to fulfill the demand for reliable backup power solutions will drive the product adoption.

 

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

Based on end use, the data center market will witness around 37% growth rate through 2032. The increasing globalization of businesses and the need for low-latency connections are driving the expansion of data center networks across the key geographies. Growing demand for digital services, cloud computing, and IoT along with need for data storage and processing capabilities will strengthen the construction of more data centers globally.
 

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

Asia Pacific commercial diesel gensets market size is poised to reach USD 14.5 billion by 2032, owing to the continuous expansion of medium and small sized sectors. Furthermore, there is an increasing demand for decentralized power generation in remote or off-grid areas is propelling the use of diesel-powered generators. Stringent emission standards in along with innovation of cleaner burning diesel engines incorporating advanced emission control technologies will positively influence for these gensets.

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The market size of commercial diesel genset was reached USD 10.4 billion in 2023 and is projected to witness 8% CAGR up to 2032, due to the rapid urbanization across emerging economies along with the increasing spending by public and private players across telecom sector.

The > 50 kVA - 125 kVA power rating segment held over 17% share of the commercial diesel genset market in 2023, driven by the rising reliance on digital technologies and sensitive electronic equipment in commercial settings.

Commercial diesel genset market from the data center end use segment will witness over 37% growth rate up to 2032, owing to the increasing globalization of businesses and the need for low-latency connections.

Asia Pacific commercial diesel gensets market size is poised to surpass USD 14.5 billion by 2032, owing to the continuous expansion of medium and small sized sectors.

Commercial Diesel Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 932
  • Countries covered: 34
  • Pages: 400
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