Germany Diesel Generator Market Size & Outlook, 2022-2030
Germany diesel generator market, 2019-2030 (US$M)
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Germany diesel generator market highlights
- The Germany diesel generator market generated a revenue of USD 833.3 million in 2022 and is expected to reach USD 1,641.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 8.8% 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 833.3 million |
| Market revenue in 2030 | USD 1,641.5 million |
| Growth rate | 8.8% (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, Germany accounted for 5.5% 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 Europe, Germany diesel generator market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,641.5 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 43.41% in 2022. Horizon Databook has segmented the Germany 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.
In terms of revenue, Germany accounted for 24.81% of the total European diesel generator market share in 2021. The country is expected to progress at the highest CAGR over the forecast period due to growing demand for back-up power systems from expanding manufacturing and other industrial end users.
Germany is considered as a manufacturing hub for automobile industry owing to the presence of leading automobile companies such as Volkswagen, BMW, Mercedes-Benz, and others. These companies require back-up power systems for emergency operations, which is expected to boost the demand for diesel generator.
Germany has been among the major countries when it comes to high carbon dioxide emissions. The country has engaged itself in research & development for finding ways to reduce carbon dioxide emissions. However, Germany seen power shortages caused by the developing eastern European geopolitical situation.
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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 Germany diesel generator market , including forecasts for subscribers. This country databook contains high-level insights into Germany diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany diesel generator market size, by power rating, 2019-2030 (US$M)
Germany Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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