Diesel Genset companies

  • Report ID: 3539
  • Published Date: Dec 24, 2025
  • Report Format: PDF, PPT

Key Diesel Genset Market Players:

    Here is a list of key players operating in the global diesel genset market:

    • Caterpillar Inc. (U.S.)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Cummins Inc. (U.S.)
    • Generac Holdings Inc. (U.S.)
    • Kohler Co. (U.S.)
    • Perkins Engines Company Limited (U.K.)
    • FG Wilson (U.K.)
    • Rolls-Royce Holdings plc – MTU Onsite Energy (U.K.)
    • Atlas Copco AB (Sweden)
    • Wärtsilä Oyj Abp (Finland)
    • MAN Energy Solutions SE (Germany)
    • Mitsubishi Heavy Industries Ltd. (Japan)
    • Yanmar Holdings Co. Ltd. (Japan)
    • HIMOINSA S.L. (Spain)
    • SDMO Industries (France)
    • Doosan Portable Power (South Korea)
    • Kirloskar Oil Engines Limited (India)
    • Mahindra Powerol (India)
    • Aggreko plc (U.K.)
    • Weichai Power Co., Ltd. (China)
    • Denyo Co., Ltd. (Japan)

    The international diesel genset market is effectively competitive, with Europe and U.S.-based players dominating high-capacity segments, while Asian manufacturers capture mid- and low-capacity demand. Strategic initiatives include product innovation in low-emission gensets, hybrid solutions integrating renewables, and digital monitoring for predictive maintenance. Companies such as Caterpillar, Cummins, and Mitsubishi Heavy Industries invest heavily in R&D to meet tightening emission norms, while Kirloskar and Doosan expand into emerging markets with cost-efficient models. Besides, in February 2025, Toyota Motor Corporation declared that it has readily created a new fuel cell system, which is its very own third-generation fuel cell system. This is considered a part of its ongoing efforts toward the realization of a hydrogen society, thereby driving the diesel genset market globally.

    Corporate Landscape of the Diesel Genset Market:

    • Caterpillar Inc. is one of the largest global suppliers of diesel gensets, with strong penetration in heavy-duty industrial and infrastructure projects. Its focus on high-capacity gensets and integration of digital monitoring systems keeps it a leader in mission-critical applications.
    • Cummins Inc. dominates the mid-to-large genset segment, leveraging its expertise in engine technology and emissions compliance. The company invests heavily in hybrid and low-emission gensets, aligning with global sustainability regulations while maintaining reliability.
    • Generac Holdings Inc. is a major player in residential and commercial standby gensets, particularly in North America. Its competitive edge lies in offering cost-effective, scalable solutions and expanding into smart energy management systems.
    • Kohler Co. has a strong presence in premium gensets for the commercial and hospitality sectors. The company emphasizes durability and design, with a growing portfolio of fuel-efficient and low-noise gensets tailored for urban environments.
    • Perkins Engines Company Limited specializes in small-to-medium diesel gensets, widely used in agriculture, construction, and light industrial applications. Its global distribution network and reputation for reliable engines make it a preferred choice in emerging markets.

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of the diesel genset market was over USD 20.6 billion.

The market size for the diesel genset market is projected to reach USD 37.5 billion by the end of 2035 expanding at a CAGR of 6.9% during the forecast period i.e., between 2026-2035.

The major players in the market are HIMOINSA S.L., SDMO Industries, Doosan Portable Power, Kirloskar Oil Engines Limited, Mahindra Powerol, and others.

In terms of the start system segment, the electric start is anticipated to garner the largest market share of 76.8% by 2035 and display lucrative growth opportunities during 2026-2035.

The market in the Asia Pacific is projected to hold the largest market share of 38.7% by the end of 2035 and provide more business opportunities in the future.
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