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Market size for diesel generators [2022-2029] valued at $26.09 billion – Press Release

Pune, India, Sept. 05, 2022 (GLOBE NEWSWIRE) — The global Diesel generator market The size is projected to reach US$26.09 billion by 2029 and show a CAGR of 5.5% over the forecast period. Fortune Business Insights has presented this information in its report titled “Diesel Generator Market, 2022-2029”. The Asia Pacific region is projected to be the fastest growing diesel generator market during the forecast period. The growth of the diesel generator market in the region is being driven by increasing demand from the construction, industrial and commercial sectors. The study includes the forecast of diesel generator market in five major regions namely North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America. The global diesel generator market size was US$16.89 billion in 2021 and US$17.92 billion in 2022.

Industry Developments-

July 2021: Qulliq Energy Corp. has accelerated the replacement of municipal diesel gensets that have reached the end of their service life thanks to the recent decommissioning of Grise Fiord’s aging diesel plant. The new diesel generators have improved the community’s power supply.

Request a sample copy of the research report: https://www.fortunebusinessinsights.com/enquiry/sample/diesel-generator-market-100587

List of major market players:

  • Caterpillar Inc. (USA)
  • Aggreko (UK)
  • Cummins Inc. (USA)
  • Himoinsa (Spain)
  • John Deere (USA)
  • Kohler SDMO (France)
  • PRAMAC (Italy)
  • Kirloskar Electric Co.Ltd. (India)
  • Generac Power Systems (USA)
  • FG Wilson (UK)
  • Atlas Copco (Sweden)
  • American Honda Motor Company, Inc. (USA)
  • Briggs & Straton (USA)
  • Ingersoll Rand (USA)
  • Yamaha Motor Co.Ltd. (Japan)

Report Highlights:

report coverage details
forecast period 2022-2029
Forecast period 2022 to 2029 CAGR 5.5%
Value prognosis 2029 $26.09 billion
base year 2021
Market size in 2021 $16.89 billion
Historical data for 2018-2020
number of pages 257
segments covered By application, by end user and regional forecast
growth accelerator Source Story here

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