Diesel Genset Market, By Power Rating (<75 kVA, 75-375 kVA, 375-750 kVA, and >750 kVA), By End-user (Residential, Commercial, and Industrial), By Application (Standby, Peak Shaving, and Prime/Continuous), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI432120 | Publish Date: May 2024 | No. of Pages: 168

Global Diesel Genset Market Trends

Growing end-user industry need for diesel generator sets

Strict regulations mean that leading companies in the diesel generator market are always looking for the next generation of diesel generators. Electronic governors and automatic voltage regulators are incorporated into the next generation of generators. By mechanically adjusting the generator engines' speed as needed, these technologies increase the energy efficiency of the generators. Additionally, they have a few extra functions like remote genset monitoring. These advancements may give diesel generator sets a more sustainable option, encouraging industry expansion. The governments of several nations are concentrating on several goals, including a notable increase in the rate of rural electrification, a reduction in the frequency of metropolitan surge power outages, and an extension of the time required to establish the distribution and transmission infrastructure.