Industry Status
Market size: In 2023, the global diesel generator market size will reach 143.605 billion yuan, and the Chinese market size will reach 45.049 billion yuan. It is expected to continue to develop at a relatively stable growth rate in the future.
Market distribution: The Asia Pacific region is one of the main markets for diesel generator sets, occupying a significant market share. On a global scale, whether in developed or developing countries, diesel generators play an important role as backup power sources in areas with unstable or no electricity supply.
Competitive landscape: The global diesel generator market is dominated by several well-known companies, such as Caterpillar, Kohler, Cummins, Generac, Mitsubishi Heavy Industries, etc. The domestic market has formed a three in one differentiated competition pattern, with international companies such as Cummins, Caterpillar, and Wilson dominating the high-end market in the first tier; Domestic brand enterprises mainly occupy the mid to high end product market.
Forward looking trends
Intelligence
Remote monitoring and automation: With the help of the Internet of Things, big data, and artificial intelligence technology, remote online detection, tracking, status confirmation, and control of generator sets can be achieved, which can greatly improve operational efficiency and safety, reduce maintenance costs. Some automation units used in remote, mountainous, and island power stations are implementing remote control, telemetry, and shake signal monitoring functions.
Intelligent diagnosis and predictive maintenance: By real-time analysis and processing of generator operation data, potential faults can be predicted in advance, achieving precise preventive maintenance, reducing downtime and maintenance costs.
Greening
Emission control upgrade: Governments around the world have introduced stricter emission standards, prompting companies to adopt cleaner fuels and emission control technologies such as selective catalytic reduction (SCR), exhaust gas recirculation (EGR), and particulate matter filters (DPF) to reduce harmful emissions.
Renewable energy integration: Combining renewable energy sources such as solar and wind power to form a hybrid energy system, reducing dependence on traditional fossil fuels, further reducing carbon emissions, and improving power generation efficiency.
High end
Research and development of high-performance generators: With the increasing demand for power quality in various industries, the development and production of high-end generators with independent intellectual property rights has become an inevitable trend to meet the needs of high-end electronic devices for power quality and stability.
System integration and solutions: providing a one-stop integrated solution from generator design, installation, commissioning to operation and maintenance, meeting the diverse and personalized needs of customers, and enhancing the competitiveness of enterprises.
Diversified energy supply complementarity: With the rapid development and popularization of renewable energy, the position of diesel generators in energy supply will gradually weaken, but they will still play an important role in some specific fields. In the future, they will complement other energy supply methods and form a diversified energy supply pattern.
Emerging market demand growth: The strong demand for infrastructure construction and power supply in emerging markets and developing countries will become an important source of demand for diesel generators. With the development of these countries' economies and the advancement of urbanization, the demand for diesel generator sets will continue to increase.
