Canada Diesel Genset Market (2025-2031) | Trends, Industry, Analysis, Revenue, Outlook, Forecast, Size, Companies, Share, Value & Growth

Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), And Competitive Landscape

Product Code: ETC001303 Publication Date: Dec 2023 Updated Date: Dec 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Canada Diesel Genset Market Competition 2023

Canada Diesel Genset market currently, in 2023, has witnessed an HHI of 2675, Which has decreased substantially as compared to the HHI of 7429 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

Canada Diesel Genset Market Competition 2023

Canada Export Potential Assessment For Diesel Genset Market (Values in USD Thousand)


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Topics Covered in the Canada Diesel Genset Market

Canada Diesel Genset Market report thoroughly covers the market by KVA rating and 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.

Canada Diesel Genset Market Synopsis

Canada Diesel Genset Market is expected to grow in the forecast period as the demand for power backup and emergency power generation has grown rapidly in Canada in recent years. And, diesel gensets have been the preferred choice for many industries and households needing backup power. The Canada diesel genset market has witnessed a considerable growth in recent years. Diesel gensets have become a crucial power source in Canada because of the country's climatic conditions and increased demand for stable and reliable power supply. The Canadian diesel genset market is expected to grow at a significant rate in the coming years.

According to 6Wresearch, the Canada Diesel Genset Market size is projected to grow at the CAGR of 8 % during the forecast period of 2025-2031. The key drivers of the Canada diesel genset market are the need for continuous power supply, rising demand for backup power, and growth in the construction and industrial sectors. The increasing number of data centers and the high demand for uninterrupted power supply in the IT sector are also driving the demand for diesel gensets in Canada. Additionally, the government's energy policies are promoting the use of diesel gensets in remote areas to provide electricity to residential areas and industries. The increasing demand for continuous power supply, rising investment in commercial and industrial infrastructure, and the ongoing expansion of residential construction are significant factors driving the growth of the Diesel Genset Market in Canada.

Moreover, the rising number of extreme weather events and natural calamities such as hurricanes, floods, and earthquakes, have stimulated the demand for backup power solutions. Furthermore, the growing adoption of renewable energy sources, such as wind and solar power, has made the diesel generator an ideal backup option due to its reliability and low-cost maintenance. The primary challenge faced by the Canada diesel genset market is the rising popularity of renewable energy sources, such as solar and wind power. The promotion of clean energy sources by the government and the increasing awareness among consumers about the environmental impact of diesel gensets are causing a slow-down in the growth of the diesel genset market. Moreover, the high maintenance cost of diesel gensets is also a major challenge faced by the Canada Diesel Genset Industry.

Government policies and schemes introduced in the Canada Diesel Genset Market

The government of Canada is taking steps to promote the growth of the diesel genset market. The government's energy policies are encouraging the use of diesel gensets as a backup power source, and it's supporting the development of indigenous diesel gensets. The government's initiatives to provide electricity to remote areas are also driving the demand for diesel gensets.

Leading players in the Canada Diesel Genset Market

The key players in the Canada diesel genset market are Cummins Inc., Caterpillar Inc., Generac Power Systems, Inc., Kohler Co., MTU Onsite Energy, Wartsila Corporation, Mitsubishi Heavy Industries Ltd., and Atlas Copco AB. These companies are adopting various strategies such as product launches, collaborations, and partnerships to expand their businesses and remain competitive in the market and this has contributed towards rise in Canada Diesel Genset Market Share.

Market analysis by KVA Ratings

The Canada diesel genset market can be segmented based on KVA rating. The 5 KVA-75 KVA segment has accounted for the largest share of the market to date and it is leading to Canada Diesel Genset Market Growth.  This growth can be attributed to these gensets' compact size and low fuel consumption, making them ideal for residential and small commercial applications.

Market analysis By Applications

According to Ravi Bhandari, Research Head, 6Wresearch, the Canada diesel genset market can also be segmented based on applications. The residential segment has been the primary user of gensets in Canada, contributing to the largest market share. Power outages due to natural calamities such as ice storms and hurricane seasons often cause disruptions in electricity supply, making gensets essential for continuity of daily operations in Canadian households.

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2021 to 2024.
  • Base Year: 2024.
  • Forecast Data until 2031.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Canada Diesel Genset Market Outlook
  • Market Size of Canada Diesel Genset Market, 2024
  • Forecast of Canada Diesel Genset Market, 2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues & Volume for the Period 2021 - 2031
  • Canada Diesel Genset Market Trend Evolution
  • Canada Diesel Genset Market Drivers and Challenges
  • Canada Diesel Genset Market Price Trends
  • Canada Diesel Genset Market Porter's Five Forces
  • Canada Diesel Genset Market Industry Life Cycle
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by KVA ratings for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Application for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Residential for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Commercial for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Industrial for the Period 2021-2031
  • Historical Data and Forecast of Canada Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2021-2031
  • Canada Diesel Genset Market Import Export Trade Statistics
  • Market Opportunity Assessment by KVA ratings
  • Market Opportunity Assessment by Application
  • Canada Diesel Genset Market Top Companies Market Share
  • Canada Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
  • Canada Diesel Genset Market Company Profiles
  • Canada Diesel Genset Market Key Strategic Recommendation

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By kVA Rating

  • 5 kVA - 75 kVA
  • 75.1 kVA – 375 kVA
  • 375.1 kVA - 750 kVA
  • 750.1 KVA-1000 KVA
  •  Above 1000 KVA

By Applications

  • Residential
  • Commercial
  • Industrial
  • Transportation & public Infrastructure
Frequently Asked Questions About the Market Study: FAQs
Residential, Commercial, Industrial and Transportation & public Infrastructure are the major applications of the market.
The key drivers of the Canada diesel genset market are the need for continuous power supply, rising demand for backup power, and growth in the construction and industrial sectors.
The major factor that is restraining the growth of the market is rising popularity of renewable energy sources, such as solar and wind power.
The Canada Diesel Genset Market size is projected to grow at the CAGR of 8 % during the forecast period.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Canada Diesel Genset Market Overview
3.1 Canada Country Macro Economic Indicators
3.2 Canada Diesel Genset Market Revenues & Volume, 2021 & 2031F
3.3 Canada Diesel Genset Market- Industry Life Cycle
3.4 Canada Diesel Genset Market- Porter's Five Forces
3.5 Canada Diesel Genset Market Revenues & Volume Share, By KVA rating , 2021 & 2031F
3.6 Canada Diesel Genset Market Revenues & Volume Share, By Application 2021 & 2031F
4 Canada Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Canada Diesel Genset Market Trends
6. Canada Diesel Genset Market, By  KVA Ratings
6.1 Canada Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA  2021 & 2031F
6.2 Canada Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2021 & 2031F
6.3 Canada Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2021 & 2031F
6.3 Canada Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2021 & 2031F
6.3 Canada Diesel Genset Market Revenues & Volume, By  Above 1000 KVA, 2021 & 2031F
7 Canada Diesel Genset Market, By Application
7.1  Canada Diesel Genset Market Revenues & Volume, By Residential, 2021 & 2031F
7.2 Canada Diesel Genset Market Revenues & Volume, By  Commercial,  2021 & 2031F
7.3 Canada Diesel Genset Market Revenues & Volume, By Industrial, 2021 & 2031F
7.3 Canada Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2021 & 2031F
8 Canada Diesel Genset Market Import-Export Trade Statistics
8.1 Canada Diesel Genset Market Export to Major Countries
8.2 Canada Diesel Genset Market Imports from Major Countries
9 Canada Diesel Genset Market Key Performance Indicators
10 Canada Diesel Genset Market- Opportunity Assessment
10.1 Canada Diesel Genset Market Opportunity Assessment, By  KVA rating , 2031
10.2 Canada Diesel Genset Market Opportunity Assessment, By Application, 2031
11 Canada Diesel Genset Market- Competitive Landscape
11.1 Canada Diesel Genset Market Revenue Share, By Companies, 2024
11.2 Canada Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
 

Market Forecast By kVA Ratings (5.1- 75 kVA, 75.1- 375 kVA, 375.1- 750 kVA, 750.1- 1000 kVA & Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Public Infrastructure) and Competitive Landscape.

Product Code: ETC001303 Publication Date: Oct 2019 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Canada Diesel Genset market is expected to grow over the coming years on account of rising construction in commercial and residential domains. For instance, the annual investment of $49.3 billion in 2018, for the development of several projects such as The Xchange business park, Taza development, Calgary cancer center, Southwest Edmonton hospital, etc., is likely to spur the demand for power backup solutions, thereby fueling the demand for diesel Genset in the country.

According to 6Wresearch, the Canada Diesel Genset Market size is projected to grow at a CAGR of 2.9% during 2019-25. Based on power rating, 750 to 1000 kVA rated diesel gen-sets are anticipated to dominate the overall revenue share of Canada diesel Genset market in 2018, due to extensive use of high rated diesel Genset in manufacturing plants and commercial hubs, as both key and backup power source during maintenance.

By applications, the commercial application accounted for the majority of the revenue share in 2018 and would continue to dominate the market during the forecast period on account of increasing demand for power support solutions in new commercial projects such as Nobu Residences West Tower, CIBC Square I, and The Well Office Tower in Toronto.

The Canada diesel Genset market report thoroughly covers the market by kVA ratings and applications. Canada Diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing Canada diesel Genset 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.

Canada Diesel Genset market offer accessories of the home applications that produce energy for the lighting. There is a particular application also required such as air conditioners & refrigerators and medical equipment having a lot of opportunities in the future in the diesel Genset. In generators, there are operate together to improve the part efficiency while loading. The pricing is based on the trends of the diesel Genset. 

Canada Diesel Genset market offer accessories of the home applications that produce energy for the lighting. There is a particular application also required such as air conditioners & refrigerators and medical equipment having a lot of opportunities in the future in the diesel Genset. In generators, there are operate together to improve the part efficiency while loading. The pricing based on upcoming trends of the diesel Genset. In Canada diesel Genset according to the research analysis that the growth of diesel will increase more in upcoming years. The large scale revenue is generating by the Canada diesel Genset market.

In Canada, the Diesel Genset market price is based on upcoming trends. Canada Diesel Genset market offer accessories of the home applications that produce energy for the lighting. In generators, there are operate together to improve the part efficiency while loading. The large scale revenue is generating by the Canada diesel Genset market. The large scale revenue is generating by the Canada diesel Genset market. There is a particular application also required such as air conditioners & refrigerators and medical equipment having a lot of opportunities in the future in the diesel Genset. In the Canada diesel Genset market improving in the infrastructure and grow rapidly. While mark a high growth it will help to increase in the demand in the forecast period.

Key Highlights of the Report:

  • Canada Diesel Genset Market Overview
  • Canada Diesel Genset Market Outlook
  • Canada Diesel Genset Market Forecast
  • Canada Diesel Genset Market Size
  • Canada Diesel Genset Market Share, by kVA ratings
  • Canada Diesel Genset Market Forecast of revenues until 2025
  • Historical Data of Canada Diesel Genset Market Revenues and Volume for the Period 2015-2018
  • Market Size & Forecast of Canada Diesel Genset Market Revenues and Volume until 2025
  • Historical Data of Canada Diesel Genset Market Revenues & Volume, by kVA Rating for the Period 2015-2018
  • Market Size & Forecast of Canada Diesel Genset Market Revenues & Volume, by kVA Rating until 2025
  • Historical Data of Canada Diesel Genset Market Revenues, By Applications for the Period 2015-2018
  • Market Size & Forecast of Canada Diesel Genset Market Revenues, By Applications until 2025
  • Canada Diesel Genset Market Price Trends
  • Canada Diesel Gensets Market Drivers and Restraints
  • Canada Diesel Genset Market Trends
  • Canada Diesel Genset Market Share, By Companies
  • Canada Diesel Genset Market Overview on Competitive Benchmarking
  • Company Profiles
  • Strategic Recommendations

Canada Diesel Genset Market Report Covered:

The report provides a detailed analysis of the following market segments:

  • By kVA Ratings:
    • 5.1- 75 kVA
    • 751- 375 kVA
    • 375.1- 750 kVA
    • 1- 1000 kVA
    • Above 1000 kVA
  • By Applications:
    • Commercial
    • Residential
    • Industrial
    • Transportation and Public Infrastructure

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