Verified Market Research의 애널리스트에 따르면, 디젤 발전기 시장은 현재 181억 7,000만 달러 규모이며, 2032년까지 274억 2,000만 달러에 달할 것으로 추정됩니다.
재생에너지 발전의 도입이 진행됨에 따라 디젤 발전기에 대한 의존도가 낮아지고 있습니다. 미국에서는 2024년 재생가능 디젤이 바이오디젤 생산 능력을 넘어서는 등 디젤 기반 시스템으로부터의 전환이 두드러지게 나타나고 있습니다. 이에 따라 시장은 2026년부터 2032년까지 연평균 복합 성장률(CAGR) 5.28%를 보일 것으로 예측됩니다.
디젤 발전기 시장 정의/개요
디젤 발전기는 디젤 연료를 전기에너지로 변환하는 중요한 발전 시스템입니다. 일반적으로 디젤 엔진, 발전기 및 각종 제어 시스템으로 구성됩니다. 이 발전기는 정전 시 안정적인 전력을 공급하거나 오프 그리드의 1차 전원으로 기능하는 등 다양한 용도로 널리 사용되고 있습니다. 특히 내구성, 연비 효율성, 고출력 공급 능력으로 선호되며 건설, 제조, 통신 등의 산업에 이상적입니다.
디젤 발전기 시장은 에너지 수요 증가와 각 분야의 무정전 전력 공급의 필요성으로 인해 크게 성장하고 있습니다. 업계 보고서에 따르면, 특히 신흥 경제국의 산업화와 인프라 개발이 증가함에 따라 시장이 크게 확대될 것으로 예측됩니다. 또한, 규제 당국은 청정 기술 채택에 대한 압력을 가하고 있으며, 제조업체들은 하이브리드 발전기 및 저공해 발전기 솔루션을 위한 기술 혁신을 추진하고 있습니다. 그 결과, 디젤 발전기 시장은 신뢰성과 성능을 보장하면서 현대의 에너지 문제에 대응할 수 있도록 진화하고 있습니다.
도시의 급속한 확장은 임시 전력 솔루션을 필요로 하는 건설 프로젝트 증가로 이어지며, 2023년에는 전 세계 인구의 55% 이상이 도시에 거주할 것으로 예상되며, 2050년에는 이 수치가 68%를 보일 것으로 예측되어 발전기 수요를 더욱 증가시킬 것으로 예측됩니다. 사하라 사막 이남의 아프리카 등 전력 공급이 불안정한 지역에서는 전력 접근 문제를 완화하기 위해 디젤 발전기에 대한 의존도가 높아지고 있습니다.
2021년 미국에서는 20건의 대규모 자연재해가 발생했고, 피해 지역에서는 재해 후 긴급 전력 수요가 급증했습니다. 미국의 1조 2,000억 달러 규모의 인프라 법안과 같은 정부의 인프라 계획은 프로젝트를 위한 전력 지원과 정전 시 백업이 필요합니다. 군사 작전 및 원격 기지에서는 무정전 전원으로 디젤 발전기에 대한 의존도가 높기 때문에 미국과 같은 국가에서는 국방 예산이 7,000억 달러를 초과하여 지속적인 디젤 발전기 배치에 대한 수요가 반영되어 있습니다.
디젤 가격의 상승은 디젤 발전기 운영의 과제가 되고 있습니다. 미국 에너지 정보국은 2021년부터 2022년까지 디젤 가격이 40% 상승하여 운영 비용에 큰 영향을 미칠 것이라고 보고했습니다. 특히 북미와 유럽에서는 배출가스 규제가 강화되어 디젤 사용을 자제하고 있습니다. 미국 환경보호청(EPA)은 2020년 Tier 4 기준을 도입하여 질소산화물 및 미립자 물질의 배출을 제한함으로써 더 깨끗한 대체 연료의 사용을 장려하고 있습니다.
세계적으로 재생에너지 발전 기술의 보급은 디젤 발전기 수요를 저해하고 있습니다. 예를 들어, 2022년에는 재생에너지가 전 세계 발전량의 29%를 차지할 것으로 예상되며, 디젤에 대한 의존도가 감소할 것으로 예측됩니다. 첨단 배터리 기술과 마이크로그리드는 효율적인 백업 전원 솔루션을 제공하여 디젤 발전기의 필요성을 줄일 수 있습니다. 세계 마이크로그리드 시장은 2028년까지 연평균 10.6%의 성장률을 보일 것으로 예상되며, 이는 디젤 발전기가 직면하고 있는 경쟁을 강조하고 있습니다. 환경에 미치는 영향에 대한 인식이 높아지면서 디젤 발전기의 사용을 억제하고 있습니다. 데이터에 따르면, 디젤 배출은 온실가스에 크게 기여하고 있으며, 업계는 지속 가능한 대안으로 전환하도록 촉구하고 있습니다.
Expanding industrialization in countries such as India and China necessitates reliable backup power. According to the analyst from Verified Market Research, the Diesel Generator Market is estimated to USD 18.17 Billion to reach a valuation of USD 27.42 Billion by 2032.
Increased renewable energy adoption reduces reliance on diesel generators, as seen with the U.S. surpassing biodiesel production capacity with renewable diesel in 2024, highlighting the shift from diesel-based systems. It enables the market to grow at a CAGR of 5.28% from 2026 to 2032.
Diesel Generator Market: Definition/ Overview
A diesel generator is a crucial power generation system that converts diesel fuel into electrical energy. It typically comprises a diesel engine, an alternator, and various control systems. These generators are widely used in various applications, providing reliable electricity during power outages and serving as primary power sources in off-grid locations. They are particularly favoured for their durability, fuel efficiency, and ability to deliver high power output, making them ideal for industries such as construction, manufacturing, and telecommunications.
The Diesel Generator Market has seen substantial growth due to increasing energy demands and the necessity for uninterrupted power supply across sectors. According to industry reports, the market is projected to expand significantly, driven by rising industrialization and infrastructure development, especially in emerging economies. Furthermore, regulatory pressures to adopt cleaner technologies are pushing manufacturers to innovate towards hybrid and low-emission generator solutions. As a result, the Diesel Generator Market is evolving to meet contemporary energy challenges while ensuring reliability and performance.
Rapid urban expansion leads to increased construction projects that need temporary power solutions. In 2023, over 55% of the global population resided in urban areas, a figure expected to reach 68% by 2050, further boosting generator demand. Areas prone to unstable power supplies, such as sub-Saharan Africa, increasingly rely on diesel generators to mitigate electricity access challenges.
Generators are crucial in natural disasters for emergency services. In 2021, the U.S. reported 20 major natural disaster events, with emergency power demand in affected regions surging post-disaster. Governmental infrastructure initiatives, like the U.S.'s $1.2 trillion infrastructure bill, require power support for projects and backup during outages. Military operations and remote bases rely on diesel generators for uninterrupted power, with defense budgets in nations like the U.S. exceeding $700 billion, reflecting ongoing diesel generator deployment needs.
Rising diesel prices are challenging for diesel generator operations, with the U.S. Energy Information Administration reporting a 40% rise in diesel prices from 2021 to 2022, impacting operating costs significantly. Stricter emissions regulations, especially in North America and Europe, discourage diesel usage. The Environmental Protection Agency (EPA) implemented Tier 4 standards in 2020, limiting nitrogen oxide and particulate matter emissions, pushing for cleaner alternatives.
Global adoption of renewable energy technologies hampers diesel generator demand. For instance, renewables accounted for 29% of global electricity generation in 2022, reducing diesel reliance in power generation. Advanced battery technologies and microgrids provide efficient backup power solutions, reducing the need for diesel generators. The global microgrid market is projected to grow at 10.6% CAGR through 2028, highlighting the competition diesel generators face. Growing awareness of environmental impact deters diesel generator use. Data shows that diesel emissions are a significant contributor to greenhouse gases, urging industries to shift to sustainable options.
The commercial segment dominates in the Diesel Generator Market driven by the extensive application of diesel generators across diverse industries, including data centers, government facilities, educational institutions, healthcare facilities, hospitality, telecom, and agriculture. In commercial settings, diesel generators play a critical role as backup power sources, ensuring operations continue smoothly during unexpected power disruptions, such as outages or voltage fluctuations.
For industries like data centers, healthcare, and telecom, even brief power interruptions can lead to significant operational and financial losses. Diesel generators provide a reliable solution by supplying consistent power when primary sources fail, which is essential for protecting sensitive equipment and ensuring continuous service. Additionally, educational institutions, government centers, and hospitality businesses also benefit from diesel generators, as they rely on uninterrupted power for daily operations, especially in regions prone to grid instability.
The standby backup power segment dominant position in the Diesel Generator Market, driven by its essential role in providing reliable power during high-demand periods and emergencies. Diesel generators serve as a critical backup option when primary power sources fail, especially during natural disasters or unexpected power outages. This segment is particularly important for manufacturing facilities, where standby power is needed to maintain production and avoid costly interruptions when grid power is compromised.
The demand for uninterruptible power is steadily rising as the construction and building sectors expand, requiring consistent energy solutions to support their growth. Standby diesel generators meet this need, offering immediate power restoration and enabling businesses to maintain operations during grid outages. In regions like North America, where severe weather events such as storms and earthquakes frequently disrupt power networks, diesel generators have become a reliable and necessary component of emergency preparedness.
Asia-Pacific dominates in the Diesel Generator Market. Infrastructure projects in China and India significantly bolster the demand for diesel generators across the Asia-Pacific region. In 2022, the combined infrastructure investment of China and India reached approximately $1.5 trillion, reflecting a 10% increase from 2020. The expansion of urbanization, driven by these projects, necessitates reliable power solutions, particularly in remote areas lacking grid connectivity. As per the International Energy Agency (IEA), the Diesel Generator Market in the Asia-Pacific grew by 8% annually, with China and India accounting for over 60% of the total demand in 2023.
The shift towards renewable energy integration in these nations requires backup power solutions, further fueling the Diesel Generator Market. The Asia-Pacific Diesel Generator Market is expected to reach $5.7 billion by 2025, driven by infrastructure developments and an increasing need for uninterrupted power supply. This trend underscores the critical role of diesel generators in supporting the rapid infrastructural advancements in the region.
North America region is the fastest-growing region in the Diesel Generator Market during the forecast period. The frequency of power outages in North America significantly drives the growth of diesel generator sales. According to the U.S. Energy Information Administration (EIA), the average American experienced approximately 4.5 power outages per year in 2022, a 15% increase from 2020. As severe weather events become more frequent due to climate change, the need for reliable backup power solutions has intensified. This growing concern is reflected in the Diesel Generator Market, which saw an annual growth rate of 6% between 2020 and 2023, reaching a value of over $2 billion.
The increasing reliance on critical infrastructure, including healthcare facilities and data centers, has further propelled diesel generator sales. The demand for diesel generators in North America is projected to grow by 7% annually through 2025. This trend highlights the critical role of diesel generators in ensuring uninterrupted power supply amidst rising outage frequencies, positioning them as essential components for both residential and commercial sectors.
The competitive landscape of the Diesel Generator Market is characterized by increasing investments in innovation, diverse product offerings, and expanding distribution networks. Key trends include a shift towards hybrid and low-emission generators, driven by regulatory pressures and sustainability initiatives across regions.
Some of the prominent players operating in the Diesel Generator Market include MTU Onsite Energy, Generac Holdings Inc., Briggs & Stratton Corporation, Caterpillar Inc., Cummins Inc., Yanmar Co. Ltd, Wartsila Corporation.
In October 2023, Caterpillar announced the launch of its new G3516H diesel generator set, featuring improved fuel efficiency and lower emissions. This model is designed to meet the increasing demand for reliable power solutions in industrial applications.
In August 2023, Generac expanded its diesel generator lineup by acquiring a new manufacturing facility in North Carolina. This strategic move is expected to enhance production capacity and respond to the rising demand for backup power solutions across North Am.