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The Asia Pacific region holds a significant share of the diesel generator industry owing to the rapid industrialisation in the region. This can be attributed to the high prevalence of chronic power outages in developing regions, such as Bangladesh, Indonesia, and Vietnam, among others, which, in turn, is surging the demand for diesel generators in various sectors. Moreover, the extensive use of diesel generators in industrial applications in countries like India and China is augmenting the growth of the market. The rising deployment of diesel generators in industries like telecommunication and manufacturing, among others, is providing further impetus to the market growth.
Atlas Copco AB (STO: ATCO-A ), one of the leading companies in the market, expanded its QES portable diesel generator range up to 500kVA in January 2021. The company added four models, QES 250, QES 325, QES 400, and QES 500, to offer an efficient source of electrical power for the demanding worksite. The generator range is equipped with user-friendly Qc series controllers to provide power within two clicks and efficient operation. The generators offer corrosion-resistant and waterproof canopies to repel high liquids like heavy rainfall. They feature a sound attenuated steel enclosure, fuel-efficient power pack, and spillage-free frame with integrated forklift slots and beams for ease of transportation. Moreover, the generator provides a constant power source in extreme conditions, which makes it suitable for the rental and construction sectors. The range also requires one-hour of maintenance every 500 operating hours while providing easy access during services. The development of such innovative diesel generators is surging their demand, which is expected to drive the market growth in upcoming years.
Market Analysis by Power Rating, Mobility, Cooling System, Application, End Use, and Region:
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The major players in the global diesel generator market are Atlas Copco AB, Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Aggreko Ltd., and AKSA Power Generation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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