Market Forecast 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), By Regions (Northern, Southern) And Competitive Landscape
Product Code: ETC090008 | Publication Date: Sep 2022 | Updated Date: May 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 80 | No. of Figures: 32 | No. of Tables: 3 | |
In the year 2021, the USA was the largest exporter in terms of value, followed by Spain. It has registered a decline of -5.21% over the previous year. While Spain registered a growth of 19.34% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by France. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, the UK has a Herfindahl index of 1736 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1413 which signifies high competitiveness in the market.
The United Kingdom Diesel Genset Market report thoroughly covers the market by kVA Ratings, Applications, and Regions. The 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.
The United Kingdom (UK) Diesel Genset Market is witnessing a major shift towards sustainable power solutions. There is an increase in demand for clean energy sources due to the government's push towards net-zero emissions by 2050. There is an increase in the adoption of digital technologies in diesel gensets. The integration of IoT (Internet of Things) provides remote monitoring of the performance and real-time analysis to ensure maximum efficiency and reliability of these machines. There is development in the noise reduction technology used in diesel gensets. This implies that businesses can now operate their machines without making noise pollution while having a reliable solution. The healthcare sector is the major consumer of these gensets machines. The concern regarding power blackouts during the critical situation has led to a surge in demand for the machines. The market is witnessing positive changes and various industries are benefitting from it.
The United Kingdom diesel genset market is anticipated to witness a notable decline during the forecast period, on the back of government initiatives to promote green energy to achieve the Net Zero emission objective of the United Kingdom by 2050. Such initiatives are leading to push hydrogen as an alternate fuel, which is further expected to gain traction in the years to come. In the last year, the outburst of coronavirus has adversely affected the United Kingdom diesel genset market, as the government imposed a nationwide lockdown that has led to the closure of all construction operations and disrupted the demand and supply of diesel genset systems.
According to 6Wresearch, the United Kingdom Diesel Genset Market revenue is projected to decline at a CAGR of 4.5% during 2022-2028. Attributed to the presence of a robust industrial sector in the United Kingdom along with a rapidly evolving manufacturing sector and rallying healthcare sector because of COVID-19, the demand for standalone power in the United Kingdom would augment during the forecast years. Standalone power solutions such as renewable energy sources and hydrogen genset a replacement for diesel genset would not be able to meet the entire demand for standalone solutions in the United Kingdom. Henceforth, the market of diesel genset is expected to recapitalize and contract during the forecast years. Industrial segments provide opportunities for the diesel gensets demand in the country during the forecast period on account of the rising government’s focus on industrial development including implementation of the required infrastructure such as infusing $ 34 bn to support investments in transport, housing, and digital infrastructure. Additionally, $ 1.1 bn of public investment into the telecom sector which includes $ 193.19 m for 5G and $ 220 m for roll out of a full fiber network across the United Kingdom is expected to garner demand for diesel genset in a retrospectively falling market.
In terms of application, the segments above 1000 kVA diesel genset have captured 30% of the market revenues in 2021. However, in a shrinking market of Diesel Genset, 75-375 kVA is expected to shrink lesser that the market on account of rising activities across various sectors in the United Kingdom like the industrial sector, petrochemical sector, power plants, etc.
In the United Kingdom diesel genset Market, the Northern region has led the overall market revenues accounting for more than 60% of the market revenues in 2021. The outcome is attributed to the northern region incorporating the country's offshore territories such as the Cayman Islands Falkland Islands, Gibraltar, and others.
The sudden outburst of the pandemic brought many unprecedented changes in the Diesel Genset (Generator) Market in the United Kingdom. Due to government restrictions and health concerns, the industries and businesses were shut down and it led to decline in the sales of the diesel generators. There was less usage of the diesel generators as the companies had to scale back their operations due to a reduction in the workforce and there was less requirement for power and which led to less usage of the diesel generators. The supply chain disruptions and uncertainties in trade led to a reduction in the sales of the generators.
These are notable players in the market who offers a wide range of generator products and cater to the requirements of various industries.
The report provides a detailed analysis of the following market segments:
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. United Kingdom Diesel Genset Market Overview |
3.1. United Kingdom Diesel Genset Market Revenues & Volume, 2018-2028F |
3.2. United Kingdom Diesel Genset Market - Industry Life Cycle, 2021 |
3.3. United Kingdom Diesel Genset Market - Porter’s Five Forces |
3.4. United Kingdom Diesel Genset Market Revenues Share, By Regions, 2021 & 2028F |
4. United Kingdom Diesel Genset Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. United Kingdom Diesel Genset Market Trends |
6. United Kingdom Diesel Genset Market Overview, By kVA Ratings |
6.1. United Kingdom Diesel Genset Market Revenues Share & Volume Share, By kVA Ratings, 2021 & 2028F |
6.2. United Kingdom Diesel Genset Market Revenues & Volume, By kVA Ratings, 2018-2028F |
6.2.1. United Kingdom 5 - 75 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F |
6.2.2. United Kingdom 75.1-375 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F |
6.2.3. United Kingdom 375.1-750 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F |
6.2.4. United Kingdom 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F |
6.2.5. United Kingdom Above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F |
7. United Kingdom Diesel Genset Market Overview, By Applications |
7.1. United Kingdom Diesel Genset Market Revenues Share, By Applications, 2021 & 2028F |
7.2. United Kingdom Diesel Genset Market Revenues, By Applications, 2018-2028F |
7.2.1. United Kingdom Diesel Genset Market Revenues, By Residential Application, 2018-2028F |
7.2.2. United Kingdom Diesel Genset Market Revenues, By Commercial Application, 2018-2028F |
7.2.3. United Kingdom Diesel Genset Market Revenues, By Industrial Application, 2018-2028F |
7.2.4. United Kingdom Diesel Genset Market Revenues, By Transportation & Infrastructure Application, 2018-2028F |
8. United Kingdom Diesel Genset Market Overview, By Regions |
8.1. United Kingdom Diesel Genset Market Revenues, By Northern Region, 2018-2028F |
8.2. United Kingdom Diesel Genset Market Revenues, By Southern Region, 2018-2028F |
9. United Kingdom Diesel Genset Market – Key Performance Indicators |
10. United Kingdom Diesel Genset Market Import Statistics |
10.1. United Kingdom 5 - 75 kVA Diesel Gensets Import, By Country, 2021 |
10.2. United Kingdom 75.1 - 375 kVA Diesel Gensets Import, By Country, 2021 |
10.3. United Kingdom Above 375 kVA Diesel Gensets Import, By Country, 2021 |
10.4. United Kingdom 5 - 75 kVA Diesel Gensets Import, By Country, 2021 |
10.5. United Kingdom 75.1 - 375 kVA Diesel Gensets Import, By Country, 2021 |
10.6. United Kingdom Above 375 kVA Diesel Gensets Import, By Country, 2021 |
11. United Kingdom Diesel Genset Market Opportunity Assessment |
11.1. United Kingdom Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2028F |
11.2. United Kingdom Diesel Genset Market Opportunity Assessment, By Applications, 2028F |
12. United Kingdom Diesel Genset Market Competitive Landscape |
12.1. United Kingdom Diesel Genset Market, By Company Ranking, 2021 |
12.2. United Kingdom Diesel Genset Market Competitive Benchmarking, By Technical Parameters |
12.3. United Kingdom Diesel Genset Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
13.1. Caterpillar Inc. |
13.2. Cummins Inc. |
13.3. Yanmar Holdings Co. Ltd. |
13.4. Genpower Ltd. |
13.5. Atlas Copco Industrial Equipment Co. |
13.6. Rolls-Royce Power Systems AG |
13.7. J C Bamford Excavators Ltd. |
13.8. Mitsubishi Heavy Industries Ltd. |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
1. United Kingdom Diesel Genset Market Revenues and Volume, 2018-2028F ($ Million, Units) |
2. United Kingdom Diesel Genset Market Revenue Share, By Regions, 2021 & 2028F |
3. United Kingdom Quarterly Commercial Office Spaces (Thousand Sq ft) (2020-2021) |
4. Impact on price of diesel genset in United Kingdom on account of Stage V norms |
5. Emission limits from Stage I to Stage V for HC + NOx and PM |
6. United Kingdom Diesel Genset Market Revenue Share, By kVA Ratings, 2021 & 2028F |
7. United Kingdom Diesel Genset Market Volume Share, By kVA Ratings, 2021 & 2028F |
8. United Kingdom 5 - 75 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F ($ Million, Units) |
9. United Kingdom Up to 75.1-375 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F ($ Million, Units) |
10. United Kingdom Up to 375.1-750 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F ($ Million, Units) |
11. United Kingdom Up to 750.1-1000 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F ($ Million, Units) |
12. United Kingdom above 1000 kVA Rating Diesel Genset Market Revenues & Volume, 2018-2028F ($ Million, Units) |
13. United Kingdom Diesel Genset Market Revenues Share, By Applications, 2021 & 2028F |
14. United Kingdom Diesel Genset Market Revenues, By Northern Region, 2018–2028F ($ Million) |
15. United Kingdom Diesel Genset Market Revenues, By Southern Region, 2018–2028F ($ Million) |
16. United Kingdom Office Space Vacancy Rate, By Cities, Q2 2021 |
17. United Kingdom Upcoming Hotel Projects , 2022-2024 |
18. United Kingdom Share of Top 3 Import Partners for HS Code 850211, 2021 |
19. United Kingdom Diesel Genset Import Data for HS Code 850211, By Country, 2021 (in $ Thousand) |
20. United Kingdom Share of Top 3 Import Partners for HS Code 850212, 2021 |
21. United Kingdom Diesel Genset Import Data for HS Code 850212, By Country, 2021 (in $ Thousand) |
22. United Kingdom Share of Top 3 Import Partners for HS Code 850213, 2021 |
23. United Kingdom Diesel Genset Import Data for HS Code 850213, By Country, 2021 (in $ Thousand) |
24. United Kingdom Share of Top 3 Export Partners for HS Code 850211, 2021 |
25. United Kingdom Diesel Genset Export Data for HS Code 850211, By Country, 2021 (in $ Thousand) |
26. United Kingdom Share of Top 3 Export Partners for HS Code 850212, 2021 |
27. United Kingdom Diesel Genset Export Data for HS Code 850212, By Country, 2021 (in $ Thousand) |
28. United Kingdom Share of Top 3 Export Partners for HS Code 850213, 2021 |
29. United Kingdom Diesel Genset Export Data, By Country for HS Code 850213, 2021 (in $ Thousand) |
30. United Kingdom Diesel Genset Market Opportunity Assessment, By kVA Ratings, 2028F |
31. United Kingdom Diesel Genset Market Opportunity Assessment, By Applications, 2028F |
32. United Kingdom Diesel Genset Market Revenue Ranking, By Company, 2021 |
List of Tables |
1. United Kingdom Diesel Genset Market Revenues, By Commercial Application, 2018–2028F ($ Million) |
2. Unite Kingdom Office Space Take-up, By Cities, Q2 2021 |
3. Unite Kingdom Upcoming Projects,, By Cities, Q2 2022-2024 |
Market Forecast 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) And Competitive Landscape
Product Code: ETC090008 | Publication Date: Aug 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
United Kingdom Diesel Genset (Generator) Market is projected to grow over the coming year. United Kingdom Diesel Genset (Generator) Market report is a part of our periodical regional publication Europe Diesel Genset (Generator) Market outlook report. 6W tracks diesel genset market for over 60 countries with individual country-wise market opportunity assessment and publishes with the report titled Global Diesel Genset (Generator) Market outlook report annually.
United Kingdom 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.
United Kingdom Diesel Genset Market Synopsis
United Kingdom Diesel Generator Market is anticipated to register modest growth on account of increasing population. Rising population coupled with increasing disposable incomes drives the increasing demand for power supply further leading to the development in the market. Additionally, increasing infrastructure development and investment by public and private sector buoyed the growth of the market. Rising establishment of hotels, restaurant, offices and complex in driving the growth of the market.
According to 6Wresearch, United Kingdom Diesel Genset Market size is projected to grow at a CAGR of 2.2% during 2021-2027. United Kingdom occupies 3rd position in terms of the market size in the Europe Diesel Genset Market. Data centers ensure to have multiple power backup options as to avoid the disruption in work in case of power failure further leading to the growth of the market. Development in residential, commercial and industrial sector beholds the increasing growth of Diesel Genset Market in United Kingdom. However, the market experienced major setback on account of the restrictions due to the outburst of global pandemic COVID-19 that led to the disruption in supply chain. The nationwide lockdown led to the shutting down of manufacturing units further added to the negative growth of the market.
Market Analysis by kVA Ratings
In terms of market by kVA ratings, 75.1KVA-375KVA dominates the market and is expected to remain in a dominant position in the coming years. However, 5KVA-75KVA rating is expected to have the fastest growth rate among all ratings.
Market Analysis by Application
In terms of application, the 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.
Key Attractiveness of the Report
Key Highlights of the Report:
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments: