Diesel Powered Real Estate Generator Market Analysis

Application (Continuous, Standby)

The prime/continuous segment in the diesel powered real estate generator market is projected to dominate the global revenue share accounting for 68.4% by the end of the forecast period. The segment’s rapid growth is attributed to increasing demand for continuous power supply over extended periods. Diesel powered generators are used as a primary source of continuous power supply for public and private infrastructures leading to a rapid growth of the segment. The prime/continuous segment is essential for industries such as mining, construction, and remote real estate projects where grid reliability is uncertain. For instance, in construction in remote areas such as Alaska or Lakshadweep, diesel powered generators ensure activities requiring continuous power supply runs without interruption.

The demand for prime/continuous generators is poised to grow as construction activities in remote regions increase. For instance, according to the Department of Climate Change, the Environment, and Water, the Australian Antarctic Division stated that in July 2020, the diesel generators of RSV Nuyina, the lifeline of Australia’s Antarctic research station, started and it will provide a propulsion power of 26.6 megawatts.

The standby segment is poised to exhibit a profitable growth curve by the end of the forecast period. The segment’s growth is attributed to diesel powered generators solidifying as a robust backup power solution during emergencies. Standby generators remain idle until they are needed unlike prime generators and ensure operations remain uninterrupted in real estate. The demand for standby diesel powered generators is increasing in hospitals, commercial buildings, and high-rise complexes where power loss can incur significant losses. For instance, in February 2022, grid failure in South and Central Mumbai failed to impact hospitals due to standby generators as per the commissioner of the Brihanmumbai Municipal Corporation. This highlights the significance of standby generators and boosts the adoption rate in multiple real estate settings.

Power Rating (>200 kVA-350 kVA, 350 kVA-500 kVA, >125 kVA-200 kVA, >50 kVA-125kVA, <50 kVA)

The >200 kVA-350 kVA segment is projected to increase its revenue share by the end of the forecast period owing to its use in a wide range of commercial and industrial applications. Real estate buildings, commercial complexes, and industrial facilities require backup generators, and diesel powered generators in this power range have a high adoption rate owing to their capacity. Additionally, the advent of silent and portable generators boosts the segment as greater convenience increases adoption. Manufacturers are integrating automated load management systems in >200 kVA-350 kVA, allowing the genset to adjust the power output automatically based on real-time use. This cost-effective solution leads to diesel powered real estate generator market growth as it prolongs the lifespan of the generator.

Our in-depth analysis of the diesel powered real estate generator market includes the following segments