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European Diesel Generator Set (Genset) Market, Forecast to 2025
Data Centre Applications Drive Growth in an Otherwise Declining Market
25-Oct-2019
Europe
Market Research
Diesel generator sets (gensets) are widely utilized to provide reliable mobile, stationary, or temporary on-site power, in an array of applications ranging from back-up power generation in mission-critical applications, such as hospitals and data centres, to peak-load generation in electrical grids. The European diesel genset market is experiencing a slowly declining demand across most end-user segments despite enjoying steady growth throughout the past decade. The overall market revenue, however, follows an upward trend as a result of a steady increase in average unit prices.
The market is mainly driven by growth in standby applications for data centres used by banks and technology companies. Increasing integration of renewable energy sources into the energy mix and grid-strengthening efforts across Europe will help support market growth. Furthermore, infrastructure investment mainly in Eastern Europe and Spain is expected to increase future demand for diesel gensets.
The highest growth is expected in the 3-5 MW power output range primarily due to increased uptake in data centres across Europe. Growth in the 150-300 kW medium power genset market is driven by the continued infrastructure and commercial investments across the continent.
The imposition of stricter environmental emission regulations across Europe is expected to subdue the future growth of the diesel genset market. Additionally, increasing competition with other sources of power such as gas-based genset and storage are expected to limit future growth.
The European diesel genset market is expected to amount to $1.10 billion growing at a CAGR of 0.7% by 2025. Market trends have been analyzed for the study period between 2017 and 2025, with the base year being 2018. The study covers all countries in continental Europe including Norway and Switzerland. The data centre end-user segment is expected to demonstrate strongest growth in the market during the forecast period.
The study assesses genset companies across Europe and discusses the market shares held by the companies in this market. The key participants in the European diesel genset market include Caterpillar, Cummins, MTU, Kohler-SDMO, Himoinsa, Generac, and Visa. Fierce competition is expected, especially in Eastern Europe, from Chinese and Turkish participants that offer cheaper products.
Key Issues Addressed
- Is the European diesel genset market growing, how long will it continue to grow, and at what rate?
- What are the key drivers and restraints affecting the market?
- How does the market vary between various power ranges for the different countries in Europe?
- What are the revenue and unit shipment forecasts for the key regions of Europe?
- What are the key applications for the diesel genset market in different European countries?
- How are the growth trends for diesel genset different in various countries?
Key Findings
CEO’s Perspective
Associated Multimedia and Related Research
Market Scope
Key Questions this Study will Answer
Distribution Channels
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Forecast Assumptions
Pricing Analysis
Regional Summary
Market Overview
Revenue Forecast
Revenue Forecast by Output Range
Unit Shipment Forecast by Output Range
Percent Revenue Forecast by Region
Percent Unit Shipment Forecast by Region
Market Share Analysis
United Kingdom—Diesel Genset Market Overview
United Kingdom—Key Statistics
United Kingdom—Revenue Forecast by Output Range
United Kingdom—Unit Shipment Forecast by Output Range
Germany—Diesel Genset Market Overview
Germany—Key Statistics
Germany—Revenue Forecast by Output Range
Germany—Unit Shipment Forecast by Output Range
France—Diesel Genset Market Overview
France—Key Statistics
France—Revenue Forecast by Output Range
France—Unit Shipment Forecast by Output Range
Italy—Diesel Genset Market Overview
Italy—Key Statistics
Italy—Revenue Forecast by Output Range
Italy—Unit Shipment Forecast by Output Range
Spain—Diesel Genset Market Overview
Spain—Key Statistics
Spain—Revenue Forecast by Output Range
Spain—Unit Shipment Forecast by Output Range
Nordic Countries—Diesel Genset Market Overview
Nordic Countries—Key Statistics
Nordic Countries—Revenue Forecast by Output Range
Nordic Countries—Unit Shipment Forecast by Output Range
Benelux—Diesel Genset Market Overview
Benelux—Key Statistics
Benelux—Revenue Forecast by Output Range
Benelux—Unit Shipment Forecast by Output Range
Eastern Europe—Diesel Genset Market Overview
Eastern Europe—Key Statistics
Eastern Europe—Revenue Forecast by Output Range
Eastern Europe—Unit Shipment Forecast by Output Range
Rest of Europe—Diesel Genset Market Overview
Rest of Europe—Key Statistics
Rest of Europe—Revenue Forecast by Output Range
Rest of Europe—Unit Shipment Forecast by Output Range
Growth Opportunity 1—Data Centres
Strategic Imperatives for Success and Growth
The Last Word—3 Big Predictions
Legal Disclaimer
List of Companies in “Others”
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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Key Issues Addressed
- Is the European diesel genset market growing, how long will it continue to grow, and at what rate?
- What are the key drivers and restraints affecting the market?
- How does the market vary between various power ranges for the different countries in Europe?
- What are the revenue and unit shipment forecasts for the key regions of Europe?
- What are the key applications for the diesel genset market in different European countries?
- How are the growth trends for diesel genset different in various countries?
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Irmak Giray |
| Industries | Energy |
| WIP Number | ME28-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9AFF-A4,9B00-A4,9851 |
