Mexico Diesel Genset Market (2024-2030) | Growth, Revenue, Analysis, Size, Trends, Industry, Share, Value, Segmentation, Outlook

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

In the year 2021, the USA  was the largest exporter in terms of value, followed by Spain. It has registered a growth of 35.22% over the previous year. While Spain registered a growth of 28.36% as compared to the previous year. In the year 2017, USA was the largest exporter followed by Spain. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Mexico has a Herfindahl index of 3926 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  4672 which signifies high concentration in the market.

Mexico Diesel Genset Market - Export Market Opportunities

Topics Covered in the Mexico Diesel Genset (Generator) Market

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

Mexico Diesel Genset 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.

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

Mexico Diesel Genset (Generator) Market witnessing major growth in recent years. The primary reason for the growth is the rise in demand from the various end-use sectors such as healthcare, data centers, agriculture, and manufacturing.  The government is becoming stricter towards the use of renewable energy sources and regulations regarding the emission and due to this diesel gensets are emerging as a reliable option for power backup. The increased focus on technological advancements is another latest development within the market. Due to the emergence of the latest technology, there is heavy investment in the domain of research and development to produce more efficient and cost-effective products to cater to the various needs of customers. The market is evolving at a rapid pace due to increasing demand from different sectors coupled with strict environmental regulations leading companies towards greener alternatives. Advanced technologies like remote monitoring systems enable businesses operating these devices remotely without losing track of their effectiveness and efficiency.

Mexico Diesel Genset (Generator) Market Synopsis

Mexico Diesel Genset Market is anticipated to gain momentum during the upcoming period.  The increasing penetration of infrastructure development is the key reason for the growth of the market. Increasing investment by the public and private sectors coupled with boosting of the construction sector beholds the growth of the Diesel generator market in Mexico.

According to 6Wresearch, the Mexico Diesel Generator Market size is projected to grow at a CAGR of 2.3% during 2021-2027. Mexico occupies the 2nd position in terms of the market size in the North America Diesel Genset market. Continuous development in the hospitality sector backed by growing migration is driving the development of the market. Rapid growing Data center drives the need for multiple power backup options in order to prevent the disruption of work during power failure which is further accelerating the growth of the market. Surging demand for uninterrupted power supply is also boosting the Market. The increase in demand for power backup from the commercial and residential sectors is the key factor for the growth of the market. There are certain challenges present in the market.  The environmental concern regarding the wide use of diesel-powered generators is a major challenge in the market. There is also stiff competition from the alternative source which are natural gas and solar power.

Market by KVA

In terms of market by Kia ratings. Above 1000KVA dominates the market and is expected to remain in a dominant position in the coming years. However, the 5KVA-75KVA rating is expected to have the fastest growth rate among all ratings leading to an increase in Mexico Diesel Genset Market Growth.

Market by Application

According to Dhaval, Research Manager, 6Wresearch, in terms of application 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  Mexico Diesel Genset (Generator) Market

The COVID-19 pandemic has severely impacted the Diesel Genset (Generator) market in Mexico. The lockdowns, decreased economic activity, and travel restrictions led to a reduction in demand for these machines. Construction activities saw a decline across various cities. Due to government regulations and social distancing measures, there was less requirement for a backup source of power. There was a disturbance in supply chains due to restrictions on global trade and this resulted in a rise in prices of the raw materials. Due to this, there was less profit for the companies which were operating in the market. Due to the emergence of work from home culture and the reduction in the operation of the business, the consumption of energy level decreased

Mexico Diesel Genset (Generator) Market: Key Players

These companies are the key players in the market that caters to the wide needs of the consumers and provides them with reliable power solutions leading to an increase in the expansion of  Mexico Diesel Genset (Generator) Industry.

• Caterpillar Inc.
• Cummins Inc.
• Generac Power Systems
• Kohler Power Systems
• MTU Onsite Energy (a subsidiary of Rolls-Royce Power Systems AG)
• FG Wilson (a subsidiary of Caterpillar)
• Wacker Neuson Group
• Himoinsa Power Systems
• Pramac
• Briggs & Stratton Corporation

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:

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