Latin America Diesel Generator Market Size & Outlook
Latin America diesel generator market, 2019-2030 (US$M)
Related Markets
Latin America diesel generator market highlights
- The Latin America diesel generator market generated a revenue of USD 1,298.9 million in 2022.
- The market is expected to grow at a CAGR of 10.1% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,298.9 million |
| Market revenue in 2030 | USD 2,807.3 million |
| Growth rate | 10.1% (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, Latin America region accounted for 8.6% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Diesel Generator Market Scope
Diesel Generator Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 44.88% in 2022. Horizon Databook has segmented the Latin America 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.
Central & South America (CSA) accounted for over 8.57% market share in the global diesel generator market in 2021. CSA is an oil-based economy, relying heavily on oil for power generation. As a result, oil represents a significant portion of the energy mix in the region.
However, growing concern regarding carbon emission from diesel generators and stringent regulatory framework to curb the pollution are expected to restrain diesel generator market in the region. Similar to Europe, Central & South America region is also heavily focusing on power generation from clean resources.
Commercial application segment accounts for the highest revenue share in Central & South America in the diesel generator market owing to the growing demand for commercial buildings such as office spaces, hospitality projects and medical centers. Moreover, the application is anticipated to maintain its dominance during the forecast period, on the back of an increasing number of data centers and IT hubs in the region.
Reasons to subscribe to Latin America diesel generator market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America diesel generator market databook
-
Our clientele includes a mix of diesel generator market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America diesel generator market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America diesel generator market size, by country, 2019-2030 (US$M)
Latin America Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
