Brazil Diesel Generator Market Size & Outlook, 2022-2030
Brazil diesel generator market, 2019-2030 (US$M)
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Brazil diesel generator market highlights
- The Brazil diesel generator market generated a revenue of USD 481.1 million in 2022 and is expected to reach USD 1,053.1 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.3% from 2023 to 2030.
- In terms of segment, low power gensets was the largest revenue generating power rating in 2022.
- Medium Power Gensets is the most lucrative power rating segment registering the fastest growth during the forecast period.
Diesel generator market data book summary
| Market revenue in 2022 | USD 481.1 million |
| Market revenue in 2030 | USD 1,053.1 million |
| Growth rate | 10.3% (CAGR from 2022 to 2030) |
| Largest segment | Low power gensets |
| Fastest growing segment | Medium Power Gensets |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Power Gensets, Medium Power Gensets, High Power Gensets |
| Key market players worldwide | Atlas Copco AB Class A, Caterpillar Inc, Cummins Inc, Generac Holdings Inc, Honda Motor Co Ltd, Kohler, Rolls-Royce Holdings PLC, Wartsila Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.2% of the global diesel generator market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil diesel generator market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,053.1 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 44.36% in 2022. Horizon Databook has segmented the Brazil 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.
Brazil emerged as the largest diesel generator market in Central & South America in 2021, accounting for a share of over 36.95%. Diesel generators are popular generators in Brazil as they are economical and offer good fuel efficiency as compared to their competitors. Growing infrastructure and rise in the number of manufacturing facilities in Brazil are creating opportunities for diesel generators for backup power operations.
The GDP of the country has been growing consistently for the last 10 years, seeing a slight dip in 2020 due to the covid-19 pandemic. The industrial sector is expected to grow at a steady pace in the forecast period which is expected to boost the demand for diesel generators in the country.
In February 2019, MWM started producing a new line of diesel generators in São Paulo, Brazil. The factory manufactures diesel generators from 30KvA to 770KvA. The new manufacturing facility was constructed to keep with the countries growing demand.
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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 country-level data and insights on the Brazil diesel generator market , including forecasts for subscribers. This country databook contains high-level insights into Brazil diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil diesel generator market size, by power rating, 2019-2030 (US$M)
Brazil Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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