Europe Diesel Generator Market Size & Outlook, 2022-2030
Europe diesel generator market, 2019-2030 (US$M)
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Europe diesel generator market highlights
- The Europe diesel generator market generated a revenue of USD 3,343.8 million in 2022.
- The market is expected to grow at a CAGR of 7.9% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 3,343.8 million |
| Market revenue in 2030 | USD 6,123.4 million |
| Growth rate | 7.9% (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 |
| 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, Europe region accounted for 22.1% of the global diesel generator market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,309.9 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 43.07% in 2022. Horizon Databook has segmented the Europe 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.
Europe, led by Germany, France, Russia, and the UK, emerged as the second-largest regional market in 2021, accounting for over 22.33% of the global diesel generator market share. The region has a well-established diesel generator market. Some of the major end-use industries for diesel generator set in Europe include power generation, oil & gas, and manufacturing.
The rising population is a major factor influencing the power generation market in the region. In addition, growing GDP of the region is projected to attract various end-use players looking to expand their consumer bases.
The growing population provides a constant inflow of customers, which positively impacts a wide range of industries by creating more competition among the participants. Thus, increasing industrial facilities in Europe drive the market for diesel generator for back-up power.
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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 continent-level data and insights on the Europe diesel generator market , including forecasts for subscribers. This continent databook contains high-level insights into Europe diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe diesel generator market size, by country, 2019-2030 (US$M)
Europe Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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