Turkey Diesel Genset (Generator) Market (2021-2027) | Growth, Revenue, Analysis, Trends, Industry, Share, Segmentation, Value, Size, Outlook & COVID-19 IMPACT

Turkey Diesel Genset Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by the UK. It has registered a growth of 19.42% over the previous year. While the UK registered a decline of -43.27% as compared to the previous year. In the year 2017, China was the largest exporter followed by the UK. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Turkey has the Herfindahl index of 2008 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of  1922 which signifies moderately concentrated in the market.

Turkey Diesel Genset Market - Export Market Opportunities

Topics Covered in the Turkey Diesel Genset (Generator) Market

Turkey Diesel Genset (Generator) Market report comprehensively covers the market by kVA ratings and application. The market 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.

Turkey Diesel Genset Market is projected to grow over the coming year. Turkey Diesel Genset (Generator) Market report is a part of our periodical regional publication Middle East Diesel Genset (Generator) Market Outlook report. 6W tracks the diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Diesel Genset (Generator) Market outlook report annually.

Latest Development (2023) of the Turkey Diesel Genset (Generator) Market

Turkey Diesel Genset (Generator) Market is growing significantly over the years. The increasing demand for ecologically friendly gensets that uses fuels such as biogas and natural gas is the latest development in this market in market. The industry is also witnessing a shift towards sustainability due to concern about rising carbon emissions. The incorporation of IoT technology with diesel gensets is a major development in the Turkey Diesel Genset Market. Due to these latest advancements, remote monitoring of these diesel machines is possible. The demand for portable generators is increasing as they are lightweight and ideal for those places where access to power is limited.  The manufacturers in the market are constantly improvising their products through the latest technologies such as smart controls and automatic transfer switches. All these latest development indicates that the Turkey Diesel Genset Industry is evolving

Turkey Diesel Genset (Generator) Market Synopsis

Turkey Diesel Generator Market is anticipated to generate sound revenues during the upcoming period on account of increasing construction sites and growing infrastructure development. The growing construction sector backed by the government’s increasing investment such as building roads, bridges, and railways is propelling the growth of the Diesel Market in Turkey. The market is also driven by the factors such as increasing urbanization and rising disposable income. Increasing urbanization coupled with a growing population is boosting the demand for power supply further leading to the development in the Diesel generator market.

According to 6Wresearch, Turkey Diesel Genset Market size is projected to grow at a CAGR of 3.9% during 2021-2027. Turkey occupies 1st position in terms of the market size in the Middle East Diesel Genset Market. An increasing number of Data centers backed by growing banking centers beholds the need for regular and adequate power supply in order to avoid the hindrance in work further leading to the growth of the market. Moreover, increasing power outages, especially in remote areas lead to the development of the market. Although, the market growth is hampered by the nationwide lockdown due to the outburst of the COVID-19 pandemic.

Market Analysis by Kva Ratings

In terms of market by kva ratings, 375.1KVA-750KVA dominates the market and is expected to remain in a dominant position in the coming years. However, the 75.1KVA-375KVA rating is expected to have the fastest growth rate among all ratings.

Market Analysis by Application

In terms of application, the Commercial segment dominates the market and is expected to remain in a dominant position in the coming years with the fastest growth rate among all applications.

COVID-19 Impact on Turkey Diesel Genset (Generator) Market

Diesel Genset Market In Turkey witnessed significant changes due to the pandemic. Before the outbreak of the pandemic, the demand for generators was rising but the pandemic shifted this trend. The slowdown of businesses and the closedown of factories and industries led to a decrease in the demand for generators. The market was hampered by the interruption in the supply chain due to government-mandated lockdowns and travel restrictions. Many companies struggled financially during this tough time and it led to a reduction in investment for the procurement of the new diesel gensets. The pandemic negatively impacted the market and it will take some for the sales to return to normalcy. Local and global economic stability is required for the market to gain momentum.

Turkey Diesel Genset (Generator) Market: Key Players

These are the notable players in the market which manufactures a wide range of generator products.

• Caterpillar Inc.
• Cummins Inc.
• Kohler Co.
• Atlas Copco AB
• Mitsubishi Heavy Industries, Ltd.
• Wärtsilä Corporation
• Doosan Corporation
• Yanmar Holdings Co., Ltd.
• Himoinsa S.L.
• AKSA Power Generation

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2017 to 2020.
• Base Year: 2020
• Forecast Data until 2027.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Turkey Diesel Genset Market Outlook
• Market Size of Turkey Diesel Genset Market, 2020
• Forecast of Turkey Diesel Genset Market, 2027
• Historical Data and Forecast of Turkey Diesel Genset Revenues & Volume for the Period 2017 - 2027
• Turkey Diesel Genset Market Trend Evolution
• Turkey Diesel Genset Market Drivers and Challenges
• Turkey Diesel Genset Price Trends
• Turkey Diesel Genset Porter's Five Forces
• Turkey Diesel Genset Industry Life Cycle
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By 5 - 75 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By 75.1 - 375 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By 375.1 - 750 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By 750.1 - 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Above 1000 KVA for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Application for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Residential for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Commercial for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Industrial for the Period 2017 - 2027
• Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume By Transportation & Public Infrastructure for the Period 2017 - 2027
• Turkey Diesel Genset Import Export Trade Statistics
• Market Opportunity Assessment By KVA
• Market Opportunity Assessment By Application
• Turkey Diesel Genset Top Companies Market Share
• Turkey Diesel Genset Competitive Benchmarking By Technical and Operational Parameters
• Turkey Diesel Genset Company Profiles
• Turkey Diesel Genset Key Strategic Recommendations

Market Scope and Segmentation

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

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

Turkey Diesel Genset (Generator) Market: FAQs