Diesel Generator Market Size, Company Revenue Share, Key Drivers & Trend Analysis, 2030
Diesel Generator Market Overview: The global Diesel Generator Market has been expected to rise at a CAGR of 4.80% , during forecast period of 2022-2030. Rapid Industrialization to Influence Market Growth Rapid pace of industrialization in developing economies and improved living standards has set the stage of diesel generators. Low price of diesel as compared to gas coupled with need for manufactured goods can drive its integration with ready power sources. Efforts to proliferate electrification in rural areas and rise of data centers to handle the data loads of increasing customers can drive market growth significantly. New technologies in these generators have improved their efficiency and reduced their reliance on power grids. Increasing Power Outages to Propel Market Growth The surge in power outages owing to rising consumption of content and streaming services as well as inclination towards development of new goods can require new sources of power. Est...