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Diesel Powered Portable Conventional Gensets Market was valued at USD 1 billion in 2023 and is estimated to grow at a CAGR of over 3.7% between 2024 and 2032. Frequent & prolonged power outages coupled with heightened awareness and planning for natural disasters & emergencies will positively impact on the business landscape. Ongoing advancements in portable gensets in line with surging need for energy efficient and user-friendly power source will augment the industry potential.
Diesel powered portable conventional gensets are the systems which use diesel fuel to produce electricity. It is designed for temporary power needs in various settings comprising of construction sites, outdoor events, emergency backup situations and remote areas. The increasing emphasis on sustainability and environmental responsibility in association with continuous innovation in lower emissions & fuel efficient units will encourage the adoption of these units. Additionally, increasing adoption of digitalization and smart technology combined with integration of advanced monitoring & control systems that can be managed remotely, which in turn, will drive the demand for portable conventional generator.
Report Attribute | Details |
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Base Year: | 2023 |
Diesel Powered Portable Conventional Gensets Market Size in 2023: | USD 1 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 3.7% |
2032 Value Projection: | USD 1.38 Billion |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 125 |
Tables, Charts & Figures: | 40 |
Segments covered: | Power Rating, Phase, End Use & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The industry is poised for substantial growth owing to the integration of renewable energy sources and burgeoning investment in residential & commercial establishment. Growing concern of energy security in association with incorporation of IoT and smart control systems will positively sway the business landscape. Additionally, rapid expansion of infrastructure and construction activities along with the rising demand for uninterrupted power supply will propel the demand for portable generators.
The three phase diesel powered portable conventional generator market will exceed over USD 650 million by 2032. The growing adoption of portable power solutions for home use, small businesses, and temporary setups will fuel the business outlook. Ongoing technological advancements including more efficient, quieter, and reliable units in tandem with continuous investment by key private & public players in portable units will foster the business growth. Moreover, increasing integration of emission control technologies coupled with enabling controlling, remote monitoring, and diagnostics will influence favorable business scenario.
The residential diesel powered portable conventional gensets market size will attain gains at nearly 3% u to 2032, driven by rapid urbanization and expansion of residential properties. Stringent government mandates and standards in conjunction with increasing population growth & escalating adoption of hybrid systems will further augment the business outlook. Furthermore, rising disposable incomes facilitates consumers to invest in reliable backup power solutions for their homes in line with robust economic growth will entail the product penetration.
Asia Pacific diesel powered portable conventional generator market is set to surpass USD 700 million by 2032. The burgeoning demand for efficient and reliable power solutions in association with increasing frequency of extreme weather events & power outages will contribute to industry growth. Furthermore, continuous innovations in to improve catalytic converters and selective catalytic reduction systems, which in turn will drive the business potential. Additionally, increasing outdoor recreational activities along with growing consumer awareness will positively influence the demand for these units.
U.S. diesel powered portable conventional genset industry is set for significant growth due to their availability, high efficiency, and familiarity among consumers. Growing investment by the homeowners across the country in backup power solutions to ensure continuous electricity supply during outages, thereby proliferating the industry dynamics. Furthermore, continuous refurbishment and development of residential & commercial properties in line with incorporation of advanced electrical systems will accelerate the industry dynamics.
Atlas Copco AB is one of the prominent manufacturers of portable diesel generators, renowned for their reliability and performance in various applications. Its portable diesel generators are designed to deliver robust power in challenging conditions, making them ideal for construction sites, events, and emergency backup. The company also deals in construction machinery, including portable air compressors, generators, and hydraulic attachments, ensuring efficiency and reliability in various industrial applications.
The key industry players include:
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Market, By Phase
Market, By Power Rating
Market, By End Use
The above information has been provided for the following regions and country: