Diesel Genset Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2030
Diesel Genset Market Overview: The Diesel Genset Market is expected to continue its growth over the next few years. Despite government amends to reduce diesel genset use to minimize rising environmental concerns, the market demand is likely to remain robust. The increasing demand for reliable energy supply and growing incidences of power outages are estimated to create substantial market demand. Also, the market value is expected to grow steadily, at least until 2028. Citing the continually growing demand for uninterrupted and reliable power supply, MRFR expects the global diesel generator market valuation to escalate from USD 17.23 billion in 2021 to USD 30.81 billion, growing at an 8.70% CAGR from 2022 to 2030. Also, the market is likely to perceive huge R&D investments for product development. Many industries need gensets for their remote power and transport power needs. Especially shipping sector and food & perishable goods transport industries...