Global Diesel Generator Market Size & Outlook, 2022-2030
Global diesel generator market, 2019-2030 (US$M)
Related Markets
Global diesel generator market highlights
- The global diesel generator market generated a revenue of USD 15,156.5 million in 2022 and is expected to reach USD 30,748.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.2% by 2030.
- In terms of segment, low power gensets accounted for a revenue of USD 6,669.5 million in 2022.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 15,156.5 million |
| Market revenue in 2030 | USD 30,748.4 million |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data covered | 2019 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, High Power Gensets |
Other key industry trends
- In terms of revenue, the North America accounted for 20.1% of the global diesel generator market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 1,068.3 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global diesel generator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to diesel generator market will help companies and investors design strategic landscapes.
Low power gensets was the largest segment with a revenue share of 44% in 2022. Horizon Databook has segmented the Global diesel generator market based on low power gensets, medium power gensets, high power gensets covering the revenue growth of each sub-segment from 2019 to 2030.
- Global Diesel Generator Power Rating Outlook (Revenue, USD Million, 2019-2030)
- Low Power Gensets
- Medium Power Gensets
- High Power Gensets
- Global Diesel Generator Application Outlook (Revenue, USD Million, 2019-2030)
- Industrial
- Commercial
- Residential
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Target buyers of Global diesel generator market databook
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Our clientele includes a mix of diesel generator market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global diesel generator market , including forecasts for subscribers. This global databook contains high-level insights into Global diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Global diesel generator market size, by regions, 2019-2030 (US$M)
Top 10 countries: Diesel generator market size, 2022 (US$M)
Global diesel generator market share, by power rating, 2022 & 2030 (%, US$M)
Diesel generator market: Opportunity assessment by country
Global diesel generator market, by region, 2022 (US$M)
| Power Rating | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,554.8 | 2,663.6 | 2,806.7 | 3,044.3 | 3,310.4 | 3,615.6 | 3,966.3 | 4,372.6 | 4,818.0 | 5,302.9 | 5,868.3 | 6,487.9 | 9.9% |
| Europe | 2,973.4 | 3,041.0 | 3,143.1 | 3,343.8 | 3,566.0 | 3,819.4 | 4,108.2 | 4,440.4 | 4,804.0 | 5,206.5 | 5,645.3 | 6,123.4 | 7.9% |
| Asia Pacific | 3,529.9 | 3,727.4 | 3,977.7 | 4,377.2 | 4,814.0 | 5,323.2 | 5,910.1 | 6,592.5 | 7,359.2 | 8,228.1 | 9,213.6 | 10,309.9 | 11.3% |
| Latin America | 1,068.7 | 1,124.8 | 1,196.4 | 1,298.9 | 1,413.8 | 1,545.5 | 1,696.9 | 1,872.4 | 2,068.2 | 2,288.7 | 2,534.2 | 2,807.3 | 10.1% |
| MEA | 2,874.6 | 2,899.7 | 2,951.6 | 3,092.4 | 3,258.8 | 3,440.3 | 3,645.3 | 3,879.0 | 4,136.4 | 4,431.9 | 4,709.5 | 5,019.8 | 6.2% |
| Overall | 13,001.4 | 13,456.5 | 14,075.5 | 15,156.5 | 16,362.9 | 17,744.0 | 19,326.7 | 21,157.0 | 23,185.9 | 25,458.1 | 27,970.9 | 30,748.4 | 9.3% |
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