Japan Diesel Genset Market (2024-2030) | Trends, Companies, Forecast, Share, Outlook, Industry, Analysis, Size, Growth, Value & Revenue

Topics Covered in the Japan Diesel Genset Market

Japan Diesel Genset Market report thoroughly covers the market by KVA rating and application. 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.

Japan Diesel Genset Market Synopsis

Japan Diesel Genset Market is expected to grow in the forecast period on the account of the increasing demand for backup power solutions for critical infrastructure, such as data centres and hospitals, is driving the growth of the Japan diesel genset market. Natural calamities disrupt power supply in the country, making diesel gensets a reliable backup power source. Additionally, ongoing infrastructural development in transportation and commercial sectors is driving the growth of the market. For instance, the government's efforts to develop smart cities and construct channel tunnel projects require significant electricity, necessitating the use of diesel gensets.

According to 6Wresearch, the Japan Diesel Genset Market size is projected to grow at the CAGR of 5.88 % during the forecast period of 2024-2030. The growth of the Japan diesel genset market is also driven by technological advancements. The increasing need for energy-efficient engines has led to the development of cleaner and more fuel-efficient diesel gensets that reduce fuel consumption, noise levels, and emissions. This factor has propelled wide-scale usage of diesel gensets in households and small businesses, increasing their market share. The rising demand for backup power, growth in the construction industry, and the need for uninterrupted power supply in the IT industry are the major drivers of the Japan diesel genset market. The increasing number of natural disasters such as earthquakes and typhoons in Japan has led to a growing demand for diesel gensets for backup power. The growth in the construction industry in Japan has increased the demand for diesel gensets as they provide a reliable source of power on construction sites. The IT industry requires uninterrupted power supply to keep their business up and running, and diesel gensets are used as backup power in case of power outages. There are certain challenges present in the Japan Diesel Genset Industry. The high cost of diesel gensets and the increasing adoption of renewable energy sources are the major challenges faced by the Japan diesel genset market. The high cost of diesel gensets limits their adoption, especially by small and medium-sized businesses. The increasing adoption of renewable energy sources such as solar and wind energy in Japan is a threat to diesel gensets as they provide a greener and cost-effective source of energy.

Government policies and schemes introduced in the Japan Diesel Genset Market

The Japanese government is promoting the use of renewable energy sources such as solar and wind energy to reduce the country's dependence on fossil fuels. The government has set a target of achieving a 22-24% reduction in greenhouse gas emissions by 2030. The government is also providing subsidies to promote the installation of diesel gensets that comply with the latest emission regulations and it has accelerated Japan Diesel Genset Market Growth.

Leading players in the Japan Diesel Genset Market

The key players in the Diesel genset market in Japan are Cummins Inc., Caterpillar Inc., Mitsubishi Heavy Industries Ltd., Kirloskar Oil Engines Limited, Kohler Co., JFE Engineering Corporation, Yanmar Co. Ltd., Daihatsu Diesel Mfg. Co. Ltd., and MTU Onsite Energy GmbH.

Market analysis by KVA Ratings

According to Shivankar, Research Manager, 6Wresearch, the 5kVA to 75kVA diesel genset segment is expected to see high growth due to its wide range of applications. These low-power gensets are useful in residential areas, offices, restaurants, and small businesses. Moreover, advances in technology have made them more efficient, quieter, and durable, which has further increased their popularity. In the last decade, this segment has grown at a CAGR of over 4%, and with increased demand predicted, its growth rate is expected to double in the next few years.

Market analysis By Applications

The Japan diesel genset market can also be segmented by applications into residential, commercial, industrial, and transportation & public infrastructure. The commercial segment is expected to  increase the Japan Diesel Genset Market Share during the forecast period due to the increasing demand for diesel gensets in hotels, malls, data centres, and other commercial establishments. The industrial segment is also expected to witness significant growth due to the growing demand for power backup solutions in manufacturing industries. The transportation & public infrastructure segment is expected to have moderate growth due to the increasing adoption of diesel gensets in transport terminals and other public infrastructure.

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:

• Japan Diesel Genset Market Outlook
• Market Size of Japan Diesel Genset Market, 2023
• Forecast of Japan Diesel Genset Market, 2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues & Volume for the Period 2020 - 2030
• Japan Diesel Genset Market Trend Evolution
• Japan Diesel Genset Market Drivers and Challenges
• Japan Diesel Genset Market Price Trends
• Japan Diesel Genset Market Porter's Five Forces
• Japan Diesel Genset Market Industry Life Cycle
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by KVA ratings for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Application for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Residential for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Commercial for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Industrial for the Period 2020-2030
• Historical Data and Forecast of Japan Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2020-2030
• Japan Diesel Genset Market Import Export Trade Statistics
• Market Opportunity Assessment by KVA ratings
• Market Opportunity Assessment by Application
• Japan Diesel Genset Market Top Companies Market Share
• Japan Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
• Japan Diesel Genset Market Company Profiles
• Japan Diesel Genset Market Key Strategic Recommendation

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By kVA Rating

• 5 kVA - 75 kVA
• 75.1 kVA – 375 kVA
• 375.1 kVA - 750 kVA
• 750.1 KVA-1000 KVA
•  Above 1000 KVA

By Applications

• Residential
• Commercial
• Industrial
• Transportation & public Infrastructure

Frequently Asked Questions About the Market Study (FAQs):