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

Market Forecast By kVA Ratings (5.1- 75 kVA, 75.1- 375 kVA, 375.1- 750 kVA, 750.1- 1000 kVA, and Above 1000 kVA), By Applications (Commercial, Residential, Industrial, Transportation, and Public Infrastructure), By Countries (USA, Canada) and Competitive Landscape.

Product Code: ETC001304 Publication Date: Jun 2022 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

Latest (2024) Development of the North America Diesel Genset Market

North America Diesel Genset Market is poised for significant development, driven by several key developments. A major contributing factor is the rising demand for reliable backup power solutions in various sectors, including healthcare, data centers, and commercial establishments. Technological advancements, such as improved fuel efficiency and reduced emissions, are also playing a vital role in shaping the market landscape.

Additionally, government regulations and incentives aimed at minimizing carbon footprints are encouraging the adoption of state-of-the-art genset models. Manufacturers are investing heavily in research and development to introduce innovative products that align with these trends, ensuring that the North America diesel genset market remains robust and competitive.

Topics Covered in North America Diesel Genset Market

The North America Diesel Genset Market thoroughly covers the market by kVa rating, applications, and countries. 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

North America Diesel Genset Market Synopsis

North America's need for diesel generator sets has increased as a result of the regular blackouts brought on by severe weather and natural disasters. The necessity for backup power solutions has also grown as a result of the deteriorating grid infrastructure. Due to the growing use of diesel generator sets for backup power generation in residential and commercial buildings, the market is anticipated to continue growing.

According to 6Wresearch, North America Diesel Genset Market is expected to grow at a significant CAGR of 7% during 2024-2030. This can be attributed to several factors such as government initiatives and policies, advancements in technology, as well as rising investments in infrastructure development projects across various industries. Some of the main factors propelling the growth of the diesel genset market in North America are the growing need for a steady supply of electricity, the fast industrialization process, the expansion of construction activities, and the growing attention being paid to renewable energy sources. But it's anticipated that the market's expansion would be hampered by strict pollution laws and expensive maintenance costs related to diesel generator sets.

North America Diesel Genset Market: Key Players

Leading players in the North American diesel genset market include Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kohler Co., and Wärtsilä Corporation. These companies are concentrating on the development of advanced and highly efficient diesel generators to address the growing need for reliable backup power solutions. Their efforts are aimed at enhancing the performance, fuel efficiency, and durability of their gensets to meet diverse customer requirements. By investing in technological advancements and innovation, these key players are well-positioned to cater to the increasing demand for dependable power solutions in the region.

North America Diesel Genset Market: Government Initiatives and Policies

Government initiatives and policies aimed at promoting clean energy sources and reducing carbon emissions have accelerated the transition to greener alternatives like natural gas, solar, and wind power. These measures have affected diesel genset sales in North America, as stricter emission regulations now govern their use. The emphasis on sustainability and regulatory pressure have shifted the focus away from diesel gensets, driving demand toward more environmentally friendly energy solutions. As a result, manufacturers are adapting by innovating and developing cleaner technologies to comply with new standards and market trends.

Future Insights of the Market

The outlook for the North American diesel genset market is positive, driven by growing investments in infrastructure projects and a rising need for dependable backup power solutions. The market is anticipated to experience continued expansion due to technological advancements that enhance the efficiency and environmental performance of diesel gensets. As innovations lead to more eco-friendly and effective solutions, the demand for diesel generators is likely to increase, supported by their role in providing reliable power across various sectors. This trend highlights the ongoing evolution and growth potential of the market.

Market Segmentation by kVa ratings

According to Dhaval, Research Manager, 6Wresearch, The range 750.1 kVA to 1000 kVA, is growing at the fastest rate in the North American diesel genset industry. This can be ascribed to a number of things, including growing adoption of diesel generators in data centers, growing demand for dependable power backup solutions in the commercial and industrial sectors, and government programs encouraging the use of sustainable energy sources.

Market Segmentation by Applications

The application segment that is experiencing the greatest growth in the North America diesel genset market is the commercial sector. This can be ascribed to a number of things, including the expansion of construction activities, expanding investments in data centers, and the growing need for dependable backup power in businesses and organizations.

Market Segmentation by Countries

United States holds the largest share in the market due to the substantial adoption rate of diesel gensets in many different industries like construction, healthcare, oil and gas, and telecommunications. Additionally, the nation boasts a well-established infrastructure for the production and distribution of power using diesel generator sets.

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:

  • North America Diesel Genset Market Overview
  • North America Diesel Genset Market Outlook
  • North America Diesel Genset Market Forecast
  • North America Diesel Genset Market Share, By Countries
  • North America Diesel Genset Market Size and North America Diesel Genset Market Forecast, Until 2030.
  • Historical Data of North America Diesel Genset Market Revenues & Volume, for the Period 2020-2030.
  • Market Size & Forecast of North America Diesel Genset Market Revenues & Volume, Until 2030.
  • Historical Data and forecast of the USA and Canada Diesel Genset Market Revenues and Volume, for the Period 2020-2030.
  • Market Size & forecast of the USA and Canada Diesel Genset Market Revenues and Volume, Until 2030.
  • Historical Data and forecast of the USA and Canada Diesel Genset Market Revenues and Volume, by kVA rating, for the Period 2020-2030.
  • Market Size and forecast of the USA and Canada Diesel Genset Market Revenues and Volume, by kVA rating, Until 2030.
  • Historical Data and forecast of the USA and Canada Diesel Genset Market Revenues, By Applications, for the Period 2020-2030.
  • Market Size and forecast of the USA and Canada Diesel Genset Market Revenues, By Applications, Until 2030.
  • North America Diesel Genset Market Share, By Companies
  • North America Diesel Genset Market Trends and Industry Life Cycle
  • Market Drivers and Restraints.
  • Market Trends
  • North America Diesel Genset Market Overview on Competitive Benchmarking
  • Competitive Landscape.
  • Key Strategic Recommendations.

Market Covered

The reports offer a detailed analysis of the following 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

By Countries

  • USA
  • Canada
North America Diesel Genset Market (2024-2030): FAQs
The major drivers include rising demand for uninterrupted power supply, rapid industrialization, growing construction activities, and increasing focus on renewable energy sources.
Some of the key players are Caterpillar Inc., Cummins Inc., Generac Holdings Inc., Kohler Co., and Wärtsilä Corporation.
Government initiatives promoting clean energy sources and reducing carbon emissions have led to a shift towards greener alternatives, impacting the sales of diesel gensets in North America.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of The Report
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3. North America Diesel Genset Market Overview
3.1 North America Diesel Genset Market Revenues & Volume (2020-2030F)
3.2 North America Diesel Genset Market Revenue & Volume Share, By Countries, 2023
3.3 North America Diesel Genset Market – Industry Life Cycle
3.4 North America Diesel Genset Market - Porter’s Five Forces
4. North America Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. North America Diesel Genset Market Trends
6. US Diesel Genset Market Overview
6.1 US Country Indicators
6.2 US Diesel Genset Market Revenues & Volume (2020-2030F)
6.3 US Diesel Genset Market Revenue & Volume Share, By KVA Rating (2020 & 2030F)
6.3.1 US 5-75 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
6.3.2 US 75.1-375 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
6.3.3 US 375.1-750 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
6.3.4 US 750.1-1000 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
6.3.5 US Above 1000 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
6.4 US Diesel Genset Market Revenue Share, By Applications (2020 & 2030F)
6.4.1 US Commercial Diesel Genset Market Revenues (2020-2030F)
6.4.2 US Industrial Diesel Genset Market Revenues (2020-2030F)
6.4.3 US Residential Diesel Genset Market Revenues (2020-2030F)
6.4.4 US Transportation and Public Infrastructure Diesel Genset Market Revenues (2020-2030F)
6.5 US Diesel Genset Market Key Performance Indicators
6.6 US Diesel Genset Import Statistics
6.6.1 US Import of Less than 75 kVA Diesel Gensets, By Country, 2023
6.6.2 US Import of 75 - 375 kVA Diesel Gensets, By Country, 2023
6.6.3 US Import of Above 375 kVA Diesel Gensets, By Country, 2023
7. Canada Diesel Genset Market Overview
7.1 Canada Country Indicators
7.2 Canada Diesel Genset Market Revenues & Volume (2020-2030F)
7.3 Canada Diesel Genset Market Revenue & Volume Share, By KVA Rating (2020 & 2030F)
7.3.1 Canada 5-75 kVA Diesel Genset Market Revenue & Volume (2020-2030F)
7.3.2 Canada 75.1-375 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
7.3.3 Canada 375.1-750 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
7.3.4 Canada 750.1-1000 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
7.3.5 Canada Above 1000 kVA Diesel Genset Market Revenues & Volume (2020-2030F)
7.4 Canada Diesel Genset Market Revenue Share, By Applications (2020 & 2030F)
7.4.1 Canada Commercial Diesel Genset Market Revenues (2020-2030F)
7.4.2 Canada Industrial Diesel Genset Market Revenues (2020-2030F)
7.4.3 Canada Residential Diesel Genset Market Revenues (2020-2030F)
7.4.4 Canada Transportation and Public Infrastructure Diesel Genset Market Revenues (2020-2030F)
7.5 Canada Diesel Genset Market Key Performance Indicators
7.6 Canada Diesel Genset Import Statistics
7.6.1 Canada Import of Less than 75 kVA Diesel Gensets, By Country, 2023
7.6.2 Canada Import of 75 - 375 kVA Diesel Gensets, By Country, 2023
7.6.3 Canada Import of Above 375 kVA Diesel Gensets, By Country, 2023
8. North America Diesel Genset Market Opportunity Assessment
8.1 North America Diesel Genset Market Opportunity Assessment, By Countries, 2030F
9. North America Diesel Genset Market Competitive Landscape 
9.1 North America Diesel Genset Market Competitive Benchmarking, By Technical and Operating Parameters
9.2 US Diesel Genset Market Revenue Share, By Companies, 2023
9.3 Canada Diesel Genset Market Revenue Share, By Companies, 2023
10. Company Profiles
11. Strategic Recommendations
12. Disclaimer
List of Figures
Figure 1. North America Diesel Genset Market Revenues & Volume, 2020 - 2030F ($ Billion, Thousand Units)
Figure 2. North America Diesel Genset Market Revenue Share, By Countries, 2023
Figure 3. North America Diesel Genset Market Volume Share, By Countries, 2023
Figure 4. North America Diesel Genset Market - Industry Life Cycle
Figure 5. US Diesel Genset Market Revenues & Volume, 2020 - 2030F ($ Million, Thousand Units)
Figure 6. US Diesel Genset Market Revenue Share, By kVA Rating, 2020 & 2030F
Figure 7. US Diesel Genset Market Volume Share, By kVA Rating, 2020 & 2030F
Figure 8. US Diesel Genset Market Revenue Share, By Applications, 2020 & 2030F
Figure 9. US Commercial Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 10. US Industrial Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 11. US Residential Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 12. US Transportation and Public Infrastructure Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 13. US Below 75kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 14. US 75kVA-375kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 15. The US Above 375kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 16. Canada Diesel Genset Market Revenues & Volume, 2020 - 2030F ($ Million, Thousand Units)
Figure 17. Canada Diesel Genset Market Revenue Share, By kVA Rating, 2020 & 2030F
Figure 18. Canada Diesel Genset Market Volume Share, By kVA Rating, 2020 & 2030F
Figure 19. Canada Diesel Genset Market Revenue Share, By Applications, 2020 & 2030F
Figure 20. Canada Commercial Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 21. Canada Industrial Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 22. Canada Residential Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 23. Canada Transportation and Public Infrastructure Application Diesel Genset Market Revenues, 2020 - 2030F ($ Million)
Figure 24. Canada Below 75kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 25. Canada 75kVA-375kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 26. Canada Above 375kVA Rating Diesel Gensets Import, By Country, 2023 ($ Million)
Figure 27. North America Diesel Genset Market Opportunity Assessment, By Countries, 2024F
Figure 28. US Diesel Genset Market Revenue Share, By Company, 2023
Figure 29. Canada Diesel Genset Market Revenue Share, By Company, 2023
List of Tables
Table 1. US Diesel Genset Market Revenue, By kVA Rating, 2020 - 2030F ($ Million)
Table 2. US Diesel Genset Market Volume, By kVA Rating, 2020 - 2030F (Thousand Units)
Table 3. US Upcoming Residential Projects
Table 4. Canada Diesel Genset Market Revenue, By kVA Rating, 2020 - 2030F ($ Million)
Table 5. Canada Diesel Genset Market Volume, By kVA Rating, 2020 - 2030F (Thousand Units)
Table 6. Canada Upcoming Commercial Projects
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