Overview
The diesel generator market is anticipated to grow rapidly at a CAGR of 5.39% during the forecast period. The global diesel generator market is driven by increasing power outages as well as growth in the construction sector. These factors have helped shape the diesel generator market and are expected to boost the growth. Companies in the diesel generator market could also face challenges such as concerns regarding pollution and high cost. The details covered in the diesel generator market report cover all the aspects of the industry. Analysts studying the diesel generator market have also shared growth projections in the report and have suggested diesel generator market players to plan business strategies accordingly.
Market Segmentation
The global diesel generator market has been segmented based on end-users, portability, and power rating. On the basis of end-users, the market for diesel generator is segmented based on industrial, commercial and agriculture. Additionally, the market on the basis of portability, is segmented into stationary and portable. The global market for diesel generator is also covered based on power rating segment which is further split into 375 kVA – 1,000 kVA and above 1,000 kVA.
Factors like growing demand for housing as well as commercial buildings along with growing infrastructure projects around the world, support the diesel generator market growth. The performance of the diesel generator market has also been studied for the past and current years. Additionally, the diesel generator market report provides analysis of these segments. The diesel generator market segmental analysis provided in the report offers major details about the diesel generator market based on the data and forecasts till 2025.
Industry News
U.S.-based New Fortress Energy Inc. reported on Wednesday that it will acquire Hygo Energy Transformation Ltd for $2.18 billion to extend its footprint in Brazil, the frontier for expansion in the burgeoning demand for liquefied natural gas. New Fortress, an energy infrastructure firm, is among the private sector players looking to Brazil, where market of LNG is increasing, although the demand is narrower than in India and China, when power generators are moving to filthier coal and gas.
Competitive Landscape
The diesel generator market is supported by high demand from agriculture, residential, and commercial segments. The population growth around the world and increasing demand of diesel generator market based services and products also support the market growth. However, the diesel generator market growth can be affected due to the rise of electric generator sets and inverters. The report covers all such details which will help companies in the diesel generator market to strengthen their business plan and improve their product portfolio. The diesel generator market research report also provides company profiles of major companies. The company profiles of many organizations operating in the diesel generator market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the diesel generator market. New companies and established businesses can plan their strategies based on this data provided in the diesel generator market research report.
Regional Overview
Companies in the diesel generator market are spread across the world. The diesel generator market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American diesel generator market has many companies across the United States, Canada, and Mexico. The diesel generator market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the diesel generator market can be found in the market research report. Europe has companies in the diesel generator market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the diesel generator market across India, China, and Japan in the Asia-Pacific region is also presented in the report.
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