Diesel Generator Market Sales, Share, Growth and Forecast 2027

April 9, 2020
Pratiksham

Diesel Generator Market in Telecom Industry: Introduction

The global diesel generator market in telecom industry was valued at US$ 834.8 Mn in 2018 and is anticipated to expand at a CAGR of ~7% during the forecast period. Among power ratings, the below 100 kVA segment dominated the global diesel generator market in telecom industry in 2018. Rise in the demand for uninterrupted and reliable power supply to telecom towers during power outage is anticipated to boost the segment during the forecast period. Among types, the stationary generator segment accounted for a dominant share of the global diesel generator market in telecom industry in 2018. This can be primarily ascribed to increase in investments in the installation of telecom towers in remote areas. For instance, as per the Ministry of Communication, telecom service providers in India are planning to install 57,559 towers for mobile services in rural areas of the country in FY 2019–20. This is likely to propel the global market for diesel generator in telecom industry during the forecast period.

Among applications, the standby segment held a significant share of the global diesel generator market in telecom industry in 2018, due to rise in investments in the renewable sector to avoid power outages. The diesel generator market in telecom industry in Asia Pacific is estimated to expand at a substantial pace during the forecast period, owing to rapid development of infrastructure, growth in urbanization, and increase in the purchasing power of end users in the region.

Key Drivers of Diesel Generator Market in Telecom Industry

Rise in the incidence of power outages is estimated to boost the global market for diesel generator in telecom industry during the forecast period. The rate of electrification has improved across the globe over the last decade. However, the rate of incidence of power outages has also increased. Natural calamities; failure of distribution lines and transmission lines; and faults in equipment of power generation stations or substations are some of the key factors causing power outages across the world. Fluctuations in voltage and power can cause significant damage to electric equipment and machines.

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Competition Landscape of Diesel Generator Market in Telecom Industry

The global diesel generator market in telecom industry is highly fragmented. Various international as well local players hold a significant share of the global market. Key players operating in the global diesel generator market in telecom industry are Cummins Inc., Caterpillar Inc., Generac Holdings Inc., HIMOINSA, KOEL Green, AKSA Power Generation, Aggreko PLC, MAHINDRA POWEROL, Jakson, AGCO Corporation, Kohler Co., Multiquip Inc., and Greaves Cotton Limited.

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