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The report "Diesel Genset Market by Power Requirement (Prime Power and Backup Power), by Mobility (Stationary and Portable), by Power Rating (7–14 kVA, 15–24 kVA, 25–44 kVA, 45–69 kVA, 70–99 kVA, 100–149 kVA, 150–199 kVA, 200–299 kVA, 300–399 kVA, 400–499 kVA, 500 kVA and Above), by Application (Commercial, Industrial, and Residential) - Global Forecast to 2030", The global diesel genset market is anticipated to grow at 7% CAGR during the forecast period. The rising market demand for uninterrupted and consistent power supply along with a surge in demand for hybrid diesel gensets will fuel the market growth for the global diesel genset industry. Moreover, the rising need for power backup systems which include gensets will drive the market demand for diesel gensets in developing countries as there is an increased number of power failures and power outages in these nations. In addition, the radical changes in the data centre business in developing nations like Asia-Pacific will increase the number of installed generators in the facility. Gensets are now being used by utilities all around the world to enhance their productivity.

Growing industrialization, particularly in developing nations like China and India, is responsible for the rise in demand for gensets. As diesel gensets offer a consistent power supply which is a crucial component of any manufacturing facility for uninterrupted production activities, thereby generators are gaining popularity in commercial and industrial applications. Extreme weather, stringent environmental regulations, and infrastructure advancements are additional variables that could influence the diesel genset industry.

In August 2022, Caterpillar is expanding its standby diesel generator set series with three 60 Hz power nodes ranging from 20 to 30 kW. According to the company, the units have a small footprint and are suitable for a variety of standby applications such as small healthcare, retail and commercial enterprises, telecommunications, water and wastewater treatment processes, municipal infrastructural facilities, and office spaces.

Bowse 63 market data Tables and 40 Figures spread through 200 Pages and in-depth TOC on " Diesel Genset Market by Power Requirement (Prime Power and Backup Power), by Mobility (Stationary and Portable), by Power Rating (7–14 kVA, 15–24 kVA, 25–44 kVA, 45–69 kVA, 70–99 kVA, 100–149 kVA, 150–199 kVA, 200–299 kVA, 300–399 kVA, 400–499 kVA, 500 kVA and Above), by Application (Commercial, Industrial, and Residential), and Region - Global Forecast to 2030

By application, the residential category is anticipated to have significant growth during the forecast period.

The residential diesel genset market is expected to grow significantly due to the unit's low cost, high reliability, and ability to provide continuous power supply. The application is mainly influenced by the widespread implementation of gensets in residential buildings to meet the emergency power supply requirement in the event of a blackout or grid breakdown. These gensets also serve as a primary power supply source when the grid is inaccessible. Thus, increased customer awareness, rising power outages, and increased demand load on the main grid are some of the factors driving market growth.

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“North America is anticipated to grow at a rapid pace in the Diesel Genset Market during the forecast period.”

North America is expected to grow at a rapid pace during the forecast period as the region is seeing an increasing number of power outages due to severe weather occurrences like tornadoes and hurricanes, rising demand for standby generators, and mounting investment in the construction industry. Furthermore, many new commercial and residential buildings are being built as a result of an increase in Americans' and Canadians' disposable income. These locations are intended to install generators in significant numbers for backup and primary power supply both during construction and after being leased, thereby drives the market development of global diesel genset industry.

Some of the major players in the global diesel genset industry include Cummins Inc., Caterpillar.Com, Denyo Co.,Ltd, ABB, Wärtsilä, Siemens, Kohler Co., PR INDUSTRIAL srl, Generac Power Systems, Inc., and General Electric.

Global Diesel Genset Market Segmentation and Key Players

Global Diesel Genset Market Coverage

Power Requirement Insight and Forecast 2025-2030

• Prime Power
• Backup Power

Mobility Insight and Forecast 2025-2030

• Stationary
• Portable

Power Rating Insight and Forecast 2025-2030

• 7–14 kVA
• 15–24 kVA
• 25–44 kVA
• 45–69 kVA
• 70–99 kVA
• 100–149 kVA
• 150–199 kVA
• 200–299 kVA
• 300–399 kVA
• 400–499 kVA
• 500 kVA and Above

Application Insight and Forecast 2025-2030

• Commercial
• Industrial
• Residential

Geographical Segmentation

Diesel Genset Market by Region

North America

• By Power Requirement
• By Mobility
• By Power Rating
• By Application
• By Country – U.S., Canada, and Mexico

Europe

• By Power Requirement
• By Mobility
• By Power Rating
• By Application
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Power Requirement
• By Mobility
• By Power Rating
• By Application
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Power Requirement
• By Mobility
• By Power Rating
• By Application
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries