Japan Diesel Generator Market Size & Outlook, 2022-2030
Japan diesel generator market, 2019-2030 (US$M)
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Japan diesel generator market highlights
- The Japan diesel generator market generated a revenue of USD 447.6 million in 2022 and is expected to reach USD 1,036.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 11.1% 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 447.6 million |
| Market revenue in 2030 | USD 1,036.3 million |
| Growth rate | 11.1% (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, Japan accounted for 3.0% 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 Asia Pacific, China diesel generator market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,165.1 million by 2030.
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Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 43.88% in 2022. Horizon Databook has segmented the Japan 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.
Due to the growing technological changes in Japan, the demand for power backup is continuously high. The diesel generator market in Japan was estimated at USD 407.65 million in 2021. Growing demand for high-powered generators from the industrial end-use segment is expected to help the market grow at a moderate rate by 2030.
Healthcare spending in japan is among the highest in the world with the country spending about 11% of its GDP on healthcare. With a rapidly aging population, the demand for healthcare is expected to increase immensely in the forecast period.
Hospitals and other medical facilities require diesel generators for power backup as power outages are extremely disruptive in the industry. The demand for diesel generators is expected to increase in the forecast period owing to higher healthcare spending in the country.
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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 country-level data and insights on the Japan diesel generator market , including forecasts for subscribers. This country databook contains high-level insights into Japan diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Japan diesel generator market size, by power rating, 2019-2030 (US$M)
Japan Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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