Europe Diesel Genset Market (2019-2025) | Forecast, Share, Outlook, Size, Revenue, Companies, Value, Analysis, Growth, Trends & Industry

Topics Covered in the Europe Diesel Genset Market

Europe Diesel Genset Market report thoroughly covers the market by KVA rating, application and Countries. 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.

Europe Diesel Genset Market is anticipated to register strong growth proliferation in the coming time zone. Growth in the IT infrastructure along with growth in the commercial and industrial subsectors backed by a growing emphasis on the development of healthcare and hospitality services are further expected to drive considerable revenues for the Europe diesel Genset market in the upcoming six years. Also, the government’s efforts towards enhancing the country’s business operating potential have steered resources towards large investments in the economic sectors for increased productivity in Morocco would offer great new investment opportunities to would-be investors in the near future.

Europe Diesel Genset Market Synopsis

Europe Diesel Genset market is anticipated to witness moderate growth over the coming years, due to a rise in industrial production and surging investment in developing infrastructure in the region. Additionally, the development and expansion of various data centers, banks, and hospitals are further expected to spur the demand for diesel Gensets across the region during the forecast period.

According to 6Wresearch, Europe Diesel Genset Market size is projected to grow at a CAGR of 1.5% during 2019–2025. Germany and Russia are anticipated to dominate the market during the forecast period on the back of increased demand for apartments, cumulative company investment in industrial buildings, and higher state spending on roads, bridges, ports, and railways. Moreover, according to Deutsche bank, “over 370,000 new apartments on average are forecast to be completed between 2018 and 2020 in order to cater to the escalating demand for apartments in Germany”, which would further propel the demand for diesel Gensets across the region.

Europe Diesel Genset Market the market is mainly driven by growth in standby applications for data centers used by banks and technology companies. Increasing the integration of renewable energy sources into the energy mix and grid-strengthening efforts across Europe will help support market growth.

The commercial vertical has been observed as the most significant revenue-generating segment in the Europe diesel Genset market, owing to the steady growth of the commercial real estate sector, rapid urbanization, technological advancement, and the surging construction industry in the region. Moreover, the commercial segment is projected to dominate the market over the coming years as well, due to the rising number of data centers in the area. Additionally, enhancement in the telecom industry to meet future 5G technology requirements would further increase the sale of diesel Genset in the Europe diesel Genset market overview during the forecast period.

The Europe diesel Genset market report thoroughly covers the market by kVA rating, verticals, and countries. Europe Diesel Genset market outlook report provides an unbiased and detailed analysis of the ongoing 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.

Europe Diesel Genset Market is following the upward trend as a result of a steady increase in average unit prices. Experiencing slow growth and demand across the end-user segments despite enjoying steady growth throughout the past decade. Europe Diesel Genset market is expected to witness moderate growth patterns in the coming timeframe owing to the rising use in remote areas for increased power efficiency. An increase in the power grid infrastructure development in the developed and developing economies across the region has given a spur to the power and distribution system across the region with a complete electrification rate and as a result, is anticipated to keep a moderate demand pattern for the diesel gen-sets in the listed countries across the European region. For the existing household infrastructure, where the power grid infrastructure has been established a long time ago, the demand for diesel Gensets is expected to be witnessed at an astonishing rate owing to the rising demand for power backed by the technical upgrades in the present data usage. The deeper penetration of internet use is leading to an increased need for power and as a result, since the old infrastructures hardly support the present power demand, the need for diesel Gensets arises to fulfill the increased demand and is expected to drive significant potential opportunities for the product to gain popularity in the market in the coming timeframe. On the other hand, as for the new construction taking place, the use of diesel Gensets is limited to construction sites to enhance the process of construction, and diesel Gensets being looked like a cost-effective industrial product, but as for residential use, the newly created household infrastructure supports the needed and upgraded voltage and hardly requires diesel Gensets for use. As a result, the Europe diesel Genset market is expected to register sound and moderate growth in the near future. 

Government policies and schemes introduced in the Europe Diesel Genset Market

Several government policies in Europe support the growth of the diesel genset market operation. To cite an example, the government of the United Kingdom has introduced policies to encourage industrial and commercial entities to shift to renewable sources of energy while still allowing the use of diesel generators as a backup. The EU has also implemented stringent regulations to ensure that diesel gensets remain efficient and have low emissions. The European Union has set targets to reduce carbon emissions by 55% by 2030, and this has led to the implementation of several initiatives to promote cleaner and more sustainable sources of energy. Some of the initiatives include renewable energy mandates, carbon pricing, and investments in green hydrogen. Additionally, the EU has also introduced regulations to reduce the emissions from diesel gensets and improve their efficiency.

Leading players in the Europe Diesel Genset Market

The major players operating in the Europe Diesel Genset Industry are Caterpillar Inc., Cummins Inc., Generac Power Systems, Wärtsilä Corporation, MTU Onsite Energy, Himoinsa S.L., Doosan Portable Power, Kohler Co., and Atlas Copco AB, among others. These players are focusing on research and development activities, technological advancements, and strategic collaborations to strengthen their market position.

Market analysis by KVA Ratings

The diesel genset market in Europe is segmented based on KVA ratings such as 5 kVA - 75 kVA, 75.1 kVA – 375 kVA, 375.1 kVA - 750 kVA, 750.1 KVA-1000 KVA, and above 1000 KVA. Among these segments, the 75.1 kVA – 375 kVA segment is expected give rise to Europe Diesel Genset Market Share. Due to an increase in demand for backup power in several applications, including data centers, hospitals, and educational institutions.

Market analysis By Applications

According to Shivankar, Research Manager, 6Wresearch, the commercial segment is expected to hold a significant market share, owing to a high need for backup power in banks, malls, hotels, and other commercial establishments. The industrial segment will have high penetration due to an increase in demand for power backup in manufacturing, oil & gas, and other industries.

Market Analysis by Countries

The Diesel genset Market in Europe is segmented into some of the big economies such as the United Kingdom, Germany, France, Italy, and Russia. The United Kingdom holds the largest market share with high electricity consumption and the need for stable power supply.

Key attractiveness of the report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Europe Diesel Genset Market Overview
• Europe Diesel Genset Market Outlook
• Europe Diesel Genset Market Forecast
• Europe Diesel Genset Market Share, By Countries
• Europe Diesel Genset Market Size and Europe Diesel Genset Market Forecast, Until 2025
• Historical Data of Europe Diesel Genset Market Revenues & Volume for the Period 2015-2018.
• Market Size & Forecast of Europe Diesel Genset Market Revenues & Volume until 2025.
• Historical Data and forecast of United Kingdom Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Historical Data and forecast of United Kingdom Diesel Genset Market Revenues and Volume by kVA rating and Verticals for the Period 2015-2025F.
• Historical Data and forecast of Germany Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Historical Data and forecast of Germany Diesel Genset Market Revenues and Volume by kVA rating and Verticals for the Period 2015-2025F.
• Historical Data and forecast of Russia Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Historical Data and forecast of Russia Diesel Genset Market Revenues and Volume by kVA rating and Verticals for the Period 2015-2025F.
• Historical Data and forecast of France Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Historical Data and forecast of France Diesel Genset Market Revenues and Volume by kVA rating and Verticals for the Period 2015-2025F.
• Historical Data and forecast of Italy Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Historical Data and forecast of Italy Diesel Genset Market Revenues and Volume by kVA rating and Verticals for the Period 2015-2025F.
• Historical Data and forecast of Rest of Europe Diesel Genset Market Revenues and Volume for the Period 2015-2025F.
• Europe Diesel Genset Market Share, By Players
• Europe Diesel Genset Market Trends and Industry Life Cycle
• Market Drivers and Restraints.
• Europe Diesel Genset Market Trends
• Europe Diesel Genset Market Overview on Competitive Benchmarking
• Company Profiles
• Strategic Recommendations

Europe Diesel Genset Market Report Segmentation

The reports offer a detailed analysis of the following market segments:

By kVA Rating

• 5 - 75 kVA
• 1 - 375 kVA
• 1 - 750 kVA
• 1 - 1000 kVA
• Above 1000 kVA

By Verticals

• Residential
• Commercial
• Industrial
• Transportation & Infrastructure

By Countries

• United Kingdom
• Russia
• Germany
• France
• Italy

Other Key Reports Available:

• Global Diesel Genset Market Report
• North America Diesel Genset Market Report
• Latin America Diesel Genset Market Report
• Middle East Diesel Genset Market Report
• Asia Pacific Diesel Genset Market Report
• Africa Diesel Genset Market Report

Frequently Asked Questions About the Market Study (FAQs):