Diesel Generator Market worth $23.4 billion by 2029 - Exclusive Report by MarketsandMarkets
CHICAGO, April 16, 2024 /PRNewswire/ -- Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. The longevity and durability of diesel generators allow them to operate over extended periods ensuring continuous power supply during emergencies.
Browse in-depth TOC on "Diesel Generator Market"
250 – Tables
100 – Figures
280 – Pages
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Diesel Generator Market Scope:
Report Coverage |
Details |
Market Revenue in 2024 |
$17.9 billion |
Estimated Value by 2029 |
$23.4 billion |
Growth Rate |
Poised to Grow at a CAGR of 5.4% |
Largest Market |
Asia Pacific |
Market Size Available for |
2021-2029 |
Forecast Period |
2024–2029 |
Forecast Units |
Value (USD Million/Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Power rating, design, end-user, application, and region |
Geographies Covered |
Asia Pacific, North America, Europe, Middle East & Africa, and South America |