Diesel Generator Market Is Estimated To Exhibit At USD 38.53 Billion By 2030
San Francisco, 22 June 2022: The Report Diesel Generator Market Size, Share & Trends Analysis By Power Rating (Low Power, Medium Power, High Power), By Application (Residential, Commercial, Industrial), And Segment Forecasts, 2022 - 2030 The global diesel generator market size is expected to reach USD 38.53 billion by 2030, escalating at a compound annual growth rate (CAGR) of 8.5% during the forecast period, according to a new report by Grand View Research, Inc. Proliferating demand for emergency power backup and stand-alone power generation systems across several end-use industries including manufacturing & construction, telecom, chemical, marine, oil & gas, healthcare, and others are likely to strengthen the market growth during the forecast period. Rapid industrialization, infrastructure development, and continuous population growth are among the major factors driving global power consumption. Rising penetration of electronic device load across various commercial s