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

Market Forecast By KVA Rating (5 KVA-75 KVA, 75.1 KVA-375 KVA, 375.1 KVA-750 KVA, 750.1 KVA-1000 KVA And Above 1000 KVA), By Applications (Residential, Commercial, Industrial, Transportation & Public Infrastructure), And Competitive Landscape

Product Code: ETC001038 Publication Date: Dec 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Turkey Diesel Genset Market Competition 2023


Turkey Export Potential Assessment For Diesel Genset Market (USD Values in Thousand)


Topics Covered in the Turkey Diesel Genset Market

Turkey 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.

Turkey Diesel Genset Market Synopsis

Turkey Diesel Genset Market is expected to grow in the forecast period on the account of the country's continuous economic growth has led to an increase in the demand for power, which has, in turn, triggered a rise in the usage of diesel gensets. The Turkey diesel genset market is expected to grow significantly as a result of the increasing demand for electricity and power generation in the country. The demand for generators is increasing across various sectors such as construction, healthcare, data centres, and industries. The need for power backup equipment is due to the frequent power outages in the country. Moreover, natural calamities can also cause electricity disruptions, and thus backup generators become a necessity.

According to 6Wresearch, the Turkey Diesel Genset Market size is projected to grow at the CAGR of 9% during the forecast period of 2024-2030. The growth of the Turkey diesel genset market is driven by various factors, including the need for backup power in the daily activities of businesses, homes, hospitals, and industries. The increasing demand for electricity in the country due to a growing population and urbanization is also a significant driver. Furthermore, the rise in renewable energy adoption in the country is also driving the growth of the diesel genset market. Renewables like wind and solar require diesel gensets as an alternative source of power when they cannot generate electricity. This has led to increased penetration of diesel generators, especially in rural and off-grid areas. The tourism sector, which is a vital contributor to the country's GDP, is also driving the Turkey Diesel Genset Market Growth. Turkey has been receiving a large number of tourist arrivals, and this has led to the growth of the hospitality sector, which requires constant power supply. Despite the growth prospects, the Turkish diesel genset market is facing several challenges such as environmental concerns, high maintenance costs, and a shortage of skilled technicians. The generators powered by diesel fuels produce harmful emissions that can pollute the environment. This has led to an increasing demand for alternative gensets such as natural gas and solar-powered gensets. Additionally, diesel gensets require frequent maintenance which can lead to high operational cost and this major factor has led to sharp decline in Turkey Diesel Genset Market Share.

Government policies and schemes introduced in the Turkey Diesel Genset Market

The Turkish government has been taking several initiatives to support the growth of the diesel genset market. In 2016, the government announced a tax exemption for diesel gensets with a capacity of up to 500 KVA, which led to a surge in demand for gensets in the commercial and residential sectors. Additionally, the government has also been promoting renewable energy sources such as solar and wind energy to reduce the dependence on fossil fuels. The Turkish government has implemented several regulations, incentives, and initiatives to promote the use of renewable energy and reduce the carbon footprint of industries. One of these initiatives is the National Energy Efficiency Action Plan, which aims to improve energy efficiency. Additionally, the government has introduced various subsidies and incentives for companies that use renewable energy and reduce energy consumption.

Leading players in the Turkey Diesel Genset Market

The Turkish Diesel Genset Industry is highly competitive, with several local and international players operating in the market. The major players in the market are Caterpillar Inc., Cummins Inc., Kirloskar Oil Engines Limited, Mitsubishi Heavy Industries, Ltd., and others. These players offer a wide range of gensets with varying power ratings to cater to the diverse demands of the market.

Market analysis by KVA Ratings

According to Ravi Bhandari, Research Head, 6Wresearch, the Turkey diesel genset market can be segmented based on kVA ratings, which is the measure of the generator's power output. The lower kVA rating segment (5kVA-75kVA) of the market is expected to grow at a faster rate as it caters to the needs of small businesses, residential areas, and mini-industries.

Market analysis By Applications

The Diesel Genset Market in Turkey categorized by its applications: residential, commercial, industrial, and transportation & public infrastructure. The commercial application of diesel gensets is predicted to drive market growth during the forecast period. The commercial sector relies heavily on diesel gensets of a wide range of kVA ratings due to their characteristics of high performance, low maintenance, and low emissions. Diesel gensets are needed in this sector to cater to the demand for backup power supply during power outages, particularly in retail chains, banks, and shopping malls.

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:

  • Turkey Diesel Genset Market Outlook
  • Market Size of Turkey Diesel Genset Market, 2023
  • Forecast of Turkey Diesel Genset Market, 2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues & Volume for the Period 2020 - 2030
  • Turkey Diesel Genset Market Trend Evolution
  • Turkey Diesel Genset Market Drivers and Challenges
  • Turkey Diesel Genset Market Price Trends
  • Turkey Diesel Genset Market Porter's Five Forces
  • Turkey Diesel Genset Market Industry Life Cycle
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by KVA ratings for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and Volume by 5 - 75 KVA for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by 75.1 - 375 KVA for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by 375.1 - 750 KVA for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by 750.1 - 1000 KVA for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Above 1000 KVA for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Application for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Residential for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Commercial for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Industrial for the Period 2020-2030
  • Historical Data and Forecast of Turkey Diesel Genset Market Revenues and volume by Transportation and public Infrastructure for the Period 2020-2030
  • Turkey Diesel Genset Market Import Export Trade Statistics
  • Market Opportunity Assessment by KVA ratings
  • Market Opportunity Assessment by Application
  • Turkey Diesel Genset Market Top Companies Market Share
  • Turkey Diesel Genset Market Competitive Benchmarking by Technical and Operational Parameters
  • Turkey Diesel Genset Market Company Profiles
  • Turkey 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
The lower kVA rating segment (5kVA-75kVA) of the market is expected to grow as it caters to the needs of small businesses, residential areas, and mini-industries.
The growth of the Turkey diesel genset market is driven by various factors, including the need for backup power in the daily activities of businesses, homes, hospitals, and industries.
The Turkey diesel genset market is facing several challenges such as environmental concerns, high maintenance costs, and a shortage of skilled technicians
The Turkey Diesel Genset Market size is projected to grow at the CAGR of 9 % during the forecast period of 2024-2030.
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 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Turkey Diesel Genset Market Overview
3.1 Turkey Country Macro Economic Indicators
3.2 Turkey Diesel Genset Market Revenues & Volume, 2020 & 2030F
3.3 Turkey Diesel Genset Market- Industry Life Cycle
3.4 Turkey Diesel Genset Market- Porter's Five Forces
3.5 Turkey Diesel Genset Market Revenues & Volume Share, By KVA rating , 2023 & 2030F
3.6 Turkey Diesel Genset Market Revenues & Volume Share, By Application 2023 & 2030F
4 Turkey Diesel Genset Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Turkey Diesel Genset Market Trends
6. Turkey Diesel Genset Market, By  KVA Ratings
6.1 Turkey Diesel Genset Market Revenues & Volume, By 5 KVA-75 KVA  2020 & 2030F
6.2 Turkey Diesel Genset Market Revenues & Volume, By 75.1 KVA-375 KVA, 2020 & 2030F
6.3 Turkey Diesel Genset Market Revenues & Volume, By 375.1 KVA-750 KVA, 2020 & 2030F
6.3 Turkey Diesel Genset Market Revenues & Volume, By 750.1 KVA-1000 KVA , 2020 & 2030F
6.3 Turkey Diesel Genset Market Revenues & Volume, By  Above 1000 KVA, 2020 & 2030F
7 Turkey Diesel Genset Market, By Application
7.1  Turkey Diesel Genset Market Revenues & Volume, By Residential, 2020 & 2030F
7.2 Turkey Diesel Genset Market Revenues & Volume, By  Commercial,  2020 & 2030F
7.3 Turkey Diesel Genset Market Revenues & Volume, By Industrial, 2020 & 2030F
7.3 Turkey Diesel Genset Market Revenues & Volume, By Transportation & public Infrastructure 2020 & 2030F
8 Turkey Diesel Genset Market Import-Export Trade Statistics
8.1 Turkey Diesel Genset Market Export to Major Countries
8.2 Turkey Diesel Genset Market Imports from Major Countries
9 Turkey Diesel Genset Market Key Performance Indicators
10 Turkey Diesel Genset Market- Opportunity Assessment
10.1 Turkey Diesel Genset Market Opportunity Assessment, By  KVA rating , 2030
10.2 Turkey Diesel Genset Market Opportunity Assessment, By Application, 2030
11 Turkey Diesel Genset Market- Competitive Landscape
11.1 Turkey Diesel Genset Market Revenue Share, By Companies, 2023
11.2 Turkey Diesel Genset Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer

Iran Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape.

Kuwait Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape.  

Qatar Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape. 

Saudi Arabia Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape.

UAE Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape.  

Middle East Diesel Genset Market (2019-2025): By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Verticals(Residential, Commercial, Industrial, Transportation & Infrastructure), By Countries(UAE, Saudi Arabia, Qatar, Turkey, Kuwait, Iran & Rest of Middle East) and Competitive Landscape.

Africa Diesel Genset Market (2019-2025): Africa Diesel Genset Market (2019-2025): Market Forecast By kVA Rating (5kVA -75 kVA, 75.1 kVA -375 kVA, 375.1 kVA -750 kVA, 750.1 kVA -1000 kVA and Above 1000 kVA), By Verticals (Residential, Commercial, Industrial and Transportation & Public Infrastructure), By Countries (Algeria, Ghana, Egypt, Nigeria, Kenya, South Africa and Ethiopia) and Competitive Landscape

 

 

By kVA ratings(5 kVA to 75 kVA, 75 kVA to 375 kVA, 375 kVA to 750 kVA, 750 kVA to 1000 kVA & Above 1000 kVA), By Applications(Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices), Industrial, Residential, Transport and Public Infrastructure) and Competitive Landscape. 

Product Code: ETC001038 Publication Date: Sep 2019 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Turkey diesel genset market is growing sluggishly owing to the recession from the end of 2018, which has led to decline in all major activities such as construction and logistics. However, the government of Turkey is focusing on supporting the construction sector by the means of transformative measures and regulations. As a result, Turkey diesel genset market would witness substantial growth during the forecast period.

According to 6Wresearch, Turkey Diesel Genset Market size is projected to grow at a CAGR of 2.8% during 2019-25. In 2018, the construction activity was weak in Turkey primarily due to liquidity crisis and devaluation of currency, leading to a slowdown in the demand of diesel genset. However, with anticipated rise in investment across the residential, infrastructure, commercial and industrial projects, the Turkey diesel genset market is expected to recover during the forecast period.

Diesel genset with 375 kVA to 750 kVA rating accounts for the highest revenue share in the overall market and is expected to maintain its dominance during the forecast period. Owing to heavy usage in commercial and industrial projects.

Turkey diesel generator market report thoroughly covers market by kVA ratings, verticals and regions. Turkey diesel genset market outlook report provides an unbiased and detailed analysis of the on-going Turkey diesel genset 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.

Key Highlights of the Reports

  • Turkey Diesel Genset Market Overview
  • Turkey Diesel Genset Market Outlook
  • Turkey Diesel Genset Market Forecast
  • Turkey Diesel Genset Market Size
  • Turkey Diesel Genset Market Forecast until 2025
  • Historical Data of Turkey Diesel Genset Market Revenues, By kVA rating, 2015-2018
  • Market Size & Forecast of Turkey diesel genset Market Revenues, By kVA rating until 2025
  • Historical Data of Turkey Diesel Genset Market Revenues, By Application, 2015-2018
  • Market Size & Forecast of Turkey Market Revenues, By Application until 2025
  • Turkey diesel genset Market Trends
  • Market Drivers and Restraints
  • Porter's Five Force Analysis and Market Opportunity Assessment
  • Turkey diesel genset Market Overview on Competitive Benchmarking
  • Turkey diesel genset Market Share, By Players
  • Company Profiles
  • Strategic Recommendations

Markets Covered:

The Turkey Diesel Genset Market report provides detailed analysis of the following market segments:

  • By kVA rating
    • 5 kVA to 75 kVA
    • 75 kVA to 375 kVA
    • 375 kVA to 750 kVA
    • 750 kVA to 1000 kVA
    • Above 1000 kVA
  • By Applications
    • Commercial (Hospitality, BFSI, IT & ITES, Construction, Offices)
    • Industrial
    • Residential
    • Transport and Public Infrastructure

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All