Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By KVA (5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, Above 1000 KVA), By Application (Residential, Commercial, Industrial, Transportation & Public Infrastructure) And Competitive Landscape
Product Code: ETC090122 | Publication Date: Aug 2021 | Updated Date: May 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Asia Pacific (APAC) Diesel Genset (Generator) Market report thoroughly covers the market by countries, by KVA and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Diesel Genset (Generator) Market is likely to grow in the forecast period. Rapid Industrialization, urbanization and increasing demand for backup power solutions are the major drivers of growth. The technological developments in the global world have led to the production of more effective diesel generators and it has increased the popularity of Genset (Generator) across various sectors.
According to 6Wresearch, the Asia Pacific Diesel Genset (Generator) Market size is likely to grow during 2023 -2029. The Diesel Genset (Generator) is emerging as a cost-effective and reliable source of backup power. The demand for energy consumption has increased in the Asia Pacific countries due to rapid industrialization and urbanization and due to this, the market witnessing significant growth. One of the major factors that play a significant role in the market success is that it is a crucial part of the Global Diesel Genset Market. The need for generators has increased which can provide cheap and uninterrupted power supply. The technological development in diesel gensets is making them cost-efficient and eco-friendly. There is the emergence of new features such as low emission levels and fuel efficiency saving cost. The Asia Pacific region is home to the world's fastest-developing economies such as China, India and Japan and due to this, there are numerous opportunities available in the market. There are certain challenges in the market. The market is facing stiff competition from renewable energy sources such as solar and wind power. The government is promoting clean energy for sustainable development. The regulations regarding emission by the government is another major challenge to the industry. The rising cost of raw materials is affecting the Asia Pacific (APAC) Diesel Generator Industry.
The Diesel Genset (Generator) Market in Asia Pacific was significantly impacted by the sudden outbreak of COVID-19. The businesses of various sectors were affected by the pandemic and this led to interruptions in the supply chains and workforce availability. The demand for reliable power sources increased. There was a shift towards remote monitoring and control systems. The technicians faced numerous challenges due to restrictions on travel and social distancing measures as it became challenging for them to conduct onsite maintenance and repairs. Many companies turned towards digital solutions that allow them to remotely observe their generator asset. The adoption of natural gas-powered generators increased during the pandemic as natural gas has a lower cost than diesel fuel and the companies found it an attractive option to decrease the operational cost.
These companies are notable players in the Asia Pacific Diesel Genset (Generator) Market. These companies have a major share in the production, sales and distribution of the products in the region.
On the basis of countries, the market is segmented into China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, and Rest of Asia. China will dominate the market on the back end of increasing industrialization and infrastructural development.
On the basis of KVA, the market is segmented into 5 - 75 KVA, 75.1 - 375 KVA, 375.1 - 750 KVA, 750.1 - 1000 KVA, and Above 1000 KVA).5-75 KVA will dominate the market due to an increase in residential areas, small businesses, and industries.
According to Dhaval, Research Manager, 6Wresearch on the basis of application, the market is segmented into Residential, Commercial, Industrial, and Transportation & Public Infrastructure. The residential segment will dominate the market due to an increase in the use of power backup sources during power interruptions.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Diesel Genset Market Overview |
3.1 Asia Pacific Diesel Genset Market Revenues & Volume, 2019 - 2029F |
3.2 Asia Pacific Diesel Genset Market - Industry Life Cycle |
3.3 Asia Pacific Diesel Genset Market - Porter's Five Forces |
3.4 Asia Pacific Diesel Genset Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.5 Asia Pacific Diesel Genset Market Revenues & Volume Share, By KVA, 2022 & 2029F |
3.6 Asia Pacific Diesel Genset Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Asia Pacific Diesel Genset Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Diesel Genset Market Trends |
6 Asia Pacific Diesel Genset Market, 2019 - 2029 |
6.1 Asia Pacific Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
6.2 Asia Pacific Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
7 China Diesel Genset Market, 2019 - 2029 |
7.1 China Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
7.2 China Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
8 India Diesel Genset Market, 2019 - 2029 |
8.1 India Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
8.2 India Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
9 Japan Diesel Genset Market, 2019 - 2029 |
9.1 Japan Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
9.2 Japan Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
10 Australia Diesel Genset Market, 2019 - 2029 |
10.1 Australia Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
10.2 Australia Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Indonesia Diesel Genset Market, 2019 - 2029 |
11.1 Indonesia Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
11.2 Indonesia Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
12 Philippines Diesel Genset Market, 2019 - 2029 |
12.1 Philippines Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
12.2 Philippines Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
13 Malaysia Diesel Genset Market, 2019 - 2029 |
13.1 Malaysia Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
13.2 Malaysia Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
14 Rest of Asia Diesel Genset Market, 2019 - 2029 |
14.1 Rest of Asia Diesel Genset Market, Revenues & Volume, By KVA, 2019 - 2029 |
14.2 Rest of Asia Diesel Genset Market, Revenues & Volume, By Application, 2019 - 2029 |
15 Asia Pacific Diesel Genset Market Key Performance Indicators |
16 Asia Pacific Diesel Genset Market - Opportunity Assessment |
16.1 Asia Pacific Diesel Genset Market Opportunity Assessment, By Countries, 2022 & 2029F |
16.2 Asia Pacific Diesel Genset Market Opportunity Assessment, By KVA, 2022 & 2029F |
16.3 Asia Pacific Diesel Genset Market Opportunity Assessment, By Application, 2022 & 2029F |
17 Asia Pacific Diesel Genset Market - Competitive Landscape |
17.1 Asia Pacific Diesel Genset Market Revenue Share, By Companies, 2022 |
17.2 Asia Pacific Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters |
18 Company Profiles |
19 Recommendations |
20 Disclaimer |