Global Diesel Generator Market Size & Outlook, 2022-2030

The diesel generator industry worldwide is expected to reach a projected revenue of US$ 30,748.4 million by 2030. A compound annual growth rate of 9.2% is expected of the worldwide diesel generator industry from 2023 to 2030.
Revenue, 2022 (US$M)
$15,156.5
Forecast, 2030 (US$M)
$30,748.4
CAGR, 2023 - 2030
9.2%
Report Coverage
Worldwide

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 2022USD 15,156.5 million
Market revenue in 2030USD 30,748.4 million
Growth rate9.2% (CAGR from 2022 to 2030)
Largest segmentLow power gensets
Fastest growing segmentMedium Power Gensets
Historical data covered2019 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationLow 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 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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  • Our clientele includes a mix of diesel generator market companies, investment firms, advisory firms & academic institutions.
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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)

Global diesel generator market size, by regions, 2019-2030 (US$M)

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