Diesel Genset Market 2021 – Size, Share, Growth, Statistics, Competitor Landscape
A diesel generator is a compact and robust machine, which is used for converting mechanical energy to electrical energy. It uses diesel as fuel for combustion, which is injected into the combustion chamber under high pressure. This helps the generator start and rotate the shaft, producing electricity. It is used for supplying the electrical power during power cuts, blackouts, or any other interruption to the main power supply, mostly in the industrial and commercial sectors. The agriculture sector has also emerged as a major end user of diesel generators over the last few years, as electricity supply in rural areas where agriculture is practiced may be intermittent and unreliable. The global diesel genset market is expected to register a steady growth rate until the end of 2025 owing to a rise in demand for continuous power supply and the cost efficiency of diesel generators. A continuous power supply is the baseload electricity required to run a predefined set of electrical equi