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Europe Diesel Gensets Market Trends

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

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.

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.

Europe Diesel Gensets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 285
  • Countries covered: 7
  • Pages: 120
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