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Europe Diesel Gensets Market Size - By Application (Standby, Peak Shaving, Prime/Continuous), By End Use (Residential, Commercial, Industrial), Power Rating & Forecast, 2023 – 2032

  • Report ID: GMI7205
  • Published Date: Oct 2023
  • Report Format: PDF

Europe Diesel Gensets Market Size

Europe Diesel Gensets Market was valued at USD 3.4 billion in 2022 and is poised to expand at 6.7% CAGR during 2023 to 2032. Extensive investments across the real estate sector along with flourishing residential sector will propel the business outlook. For instance, in 2021, Europe invested over USD 380 billion in the development of commercial real estate sector.

Europe Diesel Gensets Market

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The occurrence and severity of natural calamities results into prolonged blackouts primarily across North American countries which in turn will drive the generator sets industry growth. Natural disasters including windstorms, tsunamis, hurricanes, earthquakes, and floods leads to electricity distribution infrastructure, stimulating the industry potential.

COVID– 19 Impact

The COVID- 19 pandemic has triggered a severe economic downturn, impacting certain sectors significantly. Manufacturing facilities faced challenges due to a shortage of workers, transportation constraints, and lockdown measures, leading to disruptions in the supply chain. Furthermore, reduced demand from industries like hospitality, tourism, and commercial construction exacerbated the situation.

Europe Diesel Gensets Market Trends

The expansion of the data center infrastructure will positively sway the industry outlook. The growing prominence of Internet of Things, mobile, and cloud computing will energize the industry dynamic. Heavy reliance on constant communication, information sharing coupled with rising costs of unplanned outages is substantially increasing the deployment rate of diesel gensets. The burgeoning industrialization and inadequate power supply have dynamically turned the industry focus on the large-scale adoption of DG sets as a backup or prime source of power. Moreover, massive government-supported plans across different economies for the rigorous expansion of infrastructure will fuel the industry potential.

Diesel gensets are a type of power generation equipment that combines a diesel engine with an electrical generator to produce electrical energy. These gensets are used to generate electricity when a reliable and stable power supply is not available, or as a backup power source during power outages. They are commonly used in critical applications where a consistent power supply is essential, such as hospitals, data centers, manufacturing facilities, construction sites, and as backup power sources for homes and businesses.

Europe Diesel Gensets Market Analysis:

Europe Diesel Gensets Market Size, By Power Rating, 2021 - 2032 (USD Billion)

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Based on power rating, the ≤ 50 kVA diesel gensets market will witness 6.8% growth rate from 2023 to 2032, on account of increasing consumer inclination toward affordable and compact power supply solutions. Ongoing work- from- home regime policy along with increasing demand for uninterrupted power supply will drive the industry landscape.

Europe Diesel Gensets Market Revenue Share, By End Use, 2022

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Based on end use, the commercial gensets industry will acquired 20% revenue share in 2022. Surging deployment of these units across the sector to fulfill the emergency power requirements in an event of a blackouts will positively impact the business landscape. Increasing electricity failures and amplifying demand load on the main grid are some of the key factors escalating the industry growth.

Based on application, the prime power generators was valued at over USD 1.5 billion in 2022. Burgeoning industrialization coupled with robust development of manufacturing facilities will drive the business outlook. In some sub-Saharan economies, it is cheaper to generate electricity through diesel generators when compared with electricity drawn from the grid which in turn will drive the industry landscape.

 UK Diesel Gensets Market Size, 2021 - 2032 (USD Million)

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  • The UK diesel gensets market was valued at USD 403.9 million in 2022. Power reliability concerns in residential application have been proven to be influential for the growth of these gensets. Furthermore, the growing demand for data centers requires reliable backup power sources to protect critical data and IT infrastructure, which in turn will fuel the industry outlook.
  • This demand is driven by factors including emerging trends in real estate, robust expansion of the data center industry. The government's efforts to enforce more stringent emissions regulations in order to mitigate pollution and enhance air quality are becoming a potential obstacle to the growth of the industry.

Europe Diesel Gensets Market Share

The primary key players employ a range of tactics to uphold and enhance their market presence. These approaches are typically influenced by factors such as competitive pressures, technological innovations, shifts in regulations, and evolving customer preferences.

The major players operating across the industtry include:

  • Cummins Inc.
  • Kohler Co.
  • Caterpillar
  • Rolls-Royce
  • Yamaha Motor Co., Ltd.
  • Wärtsilä
  • Mitsubishi Heavy Industries, Ltd.
  • Siemens AG
  • General Electric
  • Ashok Leyland
  • Bosch Industriekessel GmbH
  • Atlas Copco AB
  • Generac Power Systems, Inc.
  • Mikano International Limited
  • Mann Power Ltd.
  • J C Bamford Excavators Ltd.
  • FG Wilson
  • Prakash Diesel Pvt. Ltd.
  • Mitsui E&S Holdings Co.

Europe Diesel Gensets Market News:

  • In August 2023, Kohler announced the launch of their KD Series industrial generators with the KD700 and KD750 models, featuring an advanced diesel engine that can run on renewable Hydrotreated Vegetable Oil (HVO). These generators offer exceptional power density and fuel efficiency, serving critical applications in healthcare, airports, data centers, and more. Kohler's KD Series generators are known for their durability and reliability, backed by a global sales and service network.
  • In May 2023, Cummins announced their new marine diesel cummins turbo genset, featuring two power options: 40-80 kWe and 80-110 kWe. This robust and compact genset serves commercial and recreational marine applications in 50 Hz and 60 Hz models. It offers user-friendly diagnostics through the onan digital display and complies with EPA Tier 3 and EU Stage V regulations. The MDCT comes with a five-year or 2,000-hour base warranty and is supported by Cummins' global service network of over 9,000 service and dealer locations.

This Europe diesel gensets market research report includes in-depth coverage of the industry with estimates & forecast in terms of “Units” & “USD” from 2019 to 2032, for the following segments:

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By Power Rating

  • ≤ 50 kVA
  • > 50 kVA - 125 kVA
  • > 125 kVA - 200 kVA
  • > 200 kVA - 330 kVA
  • > 330 kVA - 750 kVA
  • > 750 kVA

By End Use

  • Residential
  • Commercial
  • Industrial

By Application

  • Standby
  • Peak shaving
  • Prime/continuous

The above information has been provided for the following countries:

  • Russia
  • UK
  • Germany
  • France
  • Spain
  • Austria
  • Italy


Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of diesel gensets in Europe was worth USD 3.4 billion in 2022 and is estimated to surpass USD 6.6 billion by 2032.

The commercial end-use segment held a market share of over 20% in 2022 and will grow significantly through 2032, owing to the surging deployment of diesel gensets across the sector to fulfill the emergency power requirements in an event of a blackouts.

The diesel gensets market in UK was exceeded USD 403.9 million in 2022 and will substantially grow through 2032, owing to power reliability concerns in residential applications, and the growing demand from data centers that require reliable backup power solution.

Cummins Inc., Kohler Co., Caterpillar, Rolls-Royce, Yamaha Motor Co., Ltd., Wärtsilä, Mitsubishi Heavy Industries, Ltd., Siemens AG, General Electric, Ashok Leyland, Bosch Industriekessel GmbH, Atlas Copco AB, Generac Power Systems, Inc., Mikano International Limited, Mann Power Ltd., J C Bamford Excavators Ltd., HIMOINSA, FG Wilson, Prakash Diesel Pvt. Ltd., and Mitsui E&S Holdings Co.

Europe Diesel Gensets Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 285
  • Countries covered: 7
  • Pages: 120
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