UK Diesel Generator Market Size & Outlook, 2022-2030
UK diesel generator market, 2019-2030 (US$M)
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UK diesel generator market highlights
- The UK diesel generator market generated a revenue of USD 659.6 million in 2022 and is expected to reach USD 1,068.3 million by 2030.
- The UK market is expected to grow at a CAGR of 6.2% 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 659.6 million |
| Market revenue in 2030 | USD 1,068.3 million |
| Growth rate | 6.2% (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, UK accounted for 4.4% 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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UK 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 41.9% in 2022. Horizon Databook has segmented the UK 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.
The UK diesel generator market is one of the major markets of the European region. The UK holds one of the largest data centers among the European countries. Factors such as growth of manufacturing sector in the past and rise in the number of data centers across the UK are expected to drive the demand for diesel generator in commercial and industrial facilities in the country.
In addition, increase in the number of commercial and office buildings across the country is another major factor that is anticipated to drive the demand for diesel generators sets across the country. Awareness regarding the requirement of emergency power generation systems in case of disasters such as flooding, and blackout is further expected to impact the market positively over the forecast period.
Moreover, demand for low-power generator segment in the UK diesel generator is growing owing to their rising demand in residential and small-size commercial buildings. Moreover, medium power generator segment is expected to advance at the fastest rate owing to increasing demand for data centers, telecom and IT offices.
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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 UK diesel generator market , including forecasts for subscribers. This country databook contains high-level insights into UK diesel generator market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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UK diesel generator market size, by power rating, 2019-2030 (US$M)
UK Diesel Generator Market Outlook Share, 2022 & 2030 (US$M)
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