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Europe Diesel Gensets Market Size

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

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Europe Diesel Gensets Market Size

Europe Diesel Gensets Market was valued at USD 3.7 billion in 2023 and is poised to expand at 6.8% CAGR during 2024 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.

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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.

Europe Diesel Gensets Market Report Attributes
Report Attribute	Details
Base Year:	2023
Europe Diesel Gensets Market Size in 2023:	USD 3.7 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	6.8%
2032 Value Projection:	USD 6.6 Billion
Historical Data for:	2019 to 2023
No. of Pages:	120
Tables, Charts & Figures:	285
Segments covered:	Power Rating, End Use, Application
Growth Drivers:	Emerging trends in real estate Surging frequency & intensity of weather-related disasters Robust expansion of the data center industry
Pitfalls & Challenges:	Paradigm shift toward renewable power generation

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Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of diesel gensets in Europe was worth USD 3.7 billion in 2023 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.